India, Singapore win 2014 UN 'Water for Life' award

March 21, 2014

Tokyo, Mar 21: India and Singapore won the 2014 edition of the UN-Water "Water for Life" Best Practices Award for their sustainable practices of water resources, authorities said Friday.

Water_for_Life_awardThe award was announced by the United Nations Office during an official UN ceremony here to mark World Water Day 2014 Friday, reported Xinhua.

"The winners this year are excellent examples of two organizations that tackle future challenges in a sustainable way," said Michel Jarraud, chair of UN-Water at the ceremony held in the United Nations University.

The prize is awarded yearly for "best water management practices" and "best participatory, communication, awareness-raising and education practices". Each year's special emphasis is in line with the theme selected for UN World Water Day, which focuses on "Water and Energy" in 2014.

This year's "best water management practices" went to the International Water Management Institute (IWMI)-Tata Water Policy Programme (ITP), a project based on water scarce across India.

ITP has made progress in filling the gap between research and policy action by simultaneously engaging with scientists and policy makers to tackle the socio-economic environmental challenges related to the improvement of the energy-irrigation nexus, according to the jury.

Singapore-based "NEWater programme", which can meet 30 percent of Singapore's daily water needs, won the "best participatory, communication, awareness-raising and education practices" for its strong social component and enduring partnerships in its manifold and remarkable water management practices.

"One of the merits of the winning projects is how they have been able to integrate and scale-up practices to be able to improve access, efficiency and sustainability in water and energy and to do so in partnership with local and national actors," said Josefina Maestu, director of the UN-Water Decade Programme on Advocacy and Communication.

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March 23,2020

Bengaluru, Mar 23: Indian stocks plunged over 9% on Monday, as the rapidly spreading coronavirus pandemic sent major states including the country's capital into a lockdown amid increasing fears that outbreak could bring world economies to a grinding halt.

The NSE Nifty 50 index slipped 9.17% to 7,937.75 by 0408 GMT, while the S&P BSE Sensex was 9.42% lower at 27,093.24.

Over the weekend in India, the virus drove several companies to shut operations and the government sent states into lockdowns, bringing normal life to a grinding halt.

"Panic has gone up domestically because of the lockdown situation," said Vinod Nair, head of research at Geojit Financial Services.

"There is fear that the situation will not be brought under control soon."

The rupee hit a fresh record low of 76.05 against the dollar, as a flight into cash and worries about tightening liquidity boosted demand for the world's reserve currency.

Meanwhile, global markets crumbled, with MSCI's broadest index of Asia-Pacific shares outside Japan sliding nearly 4% as the global death toll climbed to over 14,000, further battering economic activity, and raising fears of a global recession.

After market hours on Friday, the Securities and Exchange Board of India halved position limits for certain stock futures, restricted short-selling of index derivatives and raised margin rates for some shares to curb "abnormally high" volatility amid the pandemic.

In domestic trading, the Nifty PSU Bank Index plunged 8%, while the Nifty bank index crashed nearly 10%.

The Nifty Auto Index slid 9% after several carmakers over the weekend suspended production due to the virus.

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June 11,2020

New Delhi, Jun 11: Petrol and diesel prices on Thursday were hiked by 60 paise per litre each - the fifth straight daily increase in rates since oil PSUs ended an 82-day hiatus in rate revision.

Petrol price in Delhi was hiked to Rs 74 per litre from Rs 73.40 while diesel rates were increased to Rs 72.22 a litre from Rs 71.62, according to a price notification of state oil marketing companies.

Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT.

This is the fifth daily increase in rates in a row since oil companies on Sunday restarted revising prices in line with costs, after ending an 82-day hiatus.

In five hikes, petrol price has gone up by Rs 2.74 per litre and diesel by Rs 2.83.

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March 18,2020

New Delhi, Mar 18: As many as 276 Indians have been infected with coronavirus abroad, including 255 in Iran, 12 in UAE and five in Italy, the government informed the Lok Sabha on Wednesday.

In a written reply to a question in the Lok Sabha, Minister of State for External Affairs V Muraleedharan said the total number of Indians infected by coronavirus is 276 — 255 in Iran, 12 in UAE, five in Italy, and one each in Hong Kong, Kuwait, Rwanda and Sri Lanka.

A fourth batch of 53 Indians returned to India from Iran on Monday, taking the total number of people evacuated from the coronavirus-hit country to 389.

Iran is one of the worst-affected countries by the coronavirus outbreak and the government has been working to bring back Indians stranded there. Over 700 people have died from the disease in Iran and nearly 14,000 cases detected.

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