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Central Electricity Regulatory Commission (CERC) reduced the late payment surcharge levied on power distribution companies (discoms) for delayed payment to power generators and transmission companies.


The regulator passed am order on Friday lowering the surcharge to 1 per cent per month from 1.5 per cent per month for 45 days till June 30. “The generating companies whose tariff has been determined under Section 63 of the Act by this Commission, relief on the Late Payment Surcharge for payment which become delayed beyond 45 days (from the date of presentation of the bill) during the period from 24.03.2020 to 30.06.2020 may be claimed in terms of the force majeure provisions of the respective power purchase agreements (PPAs),” said the order.



It gave similar relief for the payment to be made to the transmission companies.


The Ministry of Power last week

It may not feel like it, but now is the time to plan for great things.


4 min read


I used to know what time was for. I could divide it into clean blocks: family time, work time, personal time. Now it’s a messy jumble, where I struggle to focus on any one thing. And for other people, whose jobs are on hold or whose companies have no clear path forward, time might feel like time is in sudden abundance—a bounty of unused hours.

No matter the circumstance, I hope you’ll consider this:

Our time matters more now than it ever has.

Do not waste it.

Use it.

I often think back to a moment just before the world turned upside down. I was at dinner with a bunch of entrepreneurs, and got to chatting with Meghan Asha, the CEO of a company that hosts trade


A nation-wide to prevent the spread of has brought an already struggling auto industry to its knees.

India’s automobile sales dropped by an average 64 percent as all manufacturers shutdown plants due to the is a primary barometer of the country’s economic health and a sharp drop signals the magnitude of effort required to restart the economic engine post the pandemic health crisis.


Maruti, which sells one in every two cars in India, said it sold 83,792 units in March, down 47 percent from a year earlier, although it said the number was not comparable with 2019 due to the suspension of operations from March 22.



Export sales were down 55 per cent to 4,712 units from 10,463 in the year-ago period.


In the domestic market, light suffered a blow of 71.5

Try these techniques to make better decisions for your life and business.


6 min read

Opinions expressed by Entrepreneur contributors are their own.


In January 2018, the word “hangry” was officially added to the Oxford English Dictionary. The familiar mash-up of hungry and angry is defined as “bad-tempered or irritable as a result of hunger.” Most of us know the feeling — and research shows it also leads us to make riskier, more impulsive decisions.

Hanger aside, making sound decisions is an essential skill for entrepreneurs. Every day brings a tidal wave of choices, from hiring to product features to marketing plans. As the founder and CEO of JotForm, I know that decision-making is one of the toughest parts of my job. Technology and markets evolve at lightning speed, and there’s endless data to weigh with every choice.

On the bright side, learning to


India may slash or even cancel its planned borrowings from the market for April, looking at its options amid a nationwide prompted by the outbreak, two finance ministry sources told Reuters.


The travel curbs have disrupted routine bond market trading and volumes and prompted primary dealers, underwriters to bond issuances, to seek finance ministry intervention.



“We are looking at various options. Market borrowing is challenging in the current environment,” a senior finance ministry official said.

 



“So we are considering options of selling these bonds to LIC (Life Insurance Corp of India) or RBI (Reserve Bank of India). We might still look at a small borrowing from the market, but all options are on the table,” he said, adding that the government could also use the central bank’s ways-and-means facility – an overdraft facility the RBI

Given the right STEM education and opportunities, future founders can accomplish global good.


4 min read

Opinions expressed by Entrepreneur contributors are their own.


“I walk on untrodden ground,” George Washington wrote 230 years ago. One of America’s greatest Founding Fathers was blazing a trail in which his actions (and their consequences) had no precedent.

Today, innovators and designers solve challenges that require new paradigms, processes and/or inventions for which there are no blueprints. As pioneers, they bear the risk of ruin from failure, while pursuing the lofty goal of changing the world. 

Our STEM Dilemma

Pioneers make progress possible, but in America, STEM education (science, tech, engineering and math) needs plenty of improvement. In 2015, 15-year-olds across the country ranked 38th in math and 24th in science out of 71 developed countries, according to Pew Research.

China, India, Russia and other developing countries are winning