In its attempt to avoid a tariff war with the US, India plans to put off implementation of retaliatory import duties of $241 million against 29 products from the US by another month-and-a-half.
Power Grid Corporation of India today said it is establishing 5 MWp rooftop solar PV systems at more than 50 premises of the company across the country.
State-owned Coal India Limited (CIL) has identified seven coking coal assets in Australia for acquisition and is also in discussions with a few mine owners in Canada, a parliamentary panel said today.
Solar Energy Corporation of India (SECI), the nodal agency for implementing National Solar Mission, has cancelled all but the lowest priced projects allotted in its mega solar auction held on July 13, multiple people familiar with the development told ET.
The finance ministry is likely to approve a subsidy outlay of nearly Rs 4,000 crore for the second phase of FAME India scheme to promote electric and hybrid vehicles, official sources said today.
Climate change presents a great opportunity for India that, coupled with ‘Make in India’, can help the country become a global powerhouse for clean technologies, said Ravichandran Purushothaman, president, India region, for Denmark-based Danfoss Industries.
The Allahabad High Court on Thursday asked the Reserve Bank of India (RBI) whether it could relax its February 12 circular mandating 1-day default trigger for resolution of stressed assets, exclusively for the power projects.
The government will complete the task of giving LPG connections free of cost to five crore poor households across 715 districts under the ‘Ujjwala’ programme on Friday, achieving the target originally set for one of PM Narendra Modi’s signature social schemes nearly eight months ahead of schedule.
India's monthly oil imports from Iran surged by about 30 percent to a record 768,000 barrels per day (bpd) in July, as state refiners' intake surged ahead of U.S. sanctions in November, preliminary tanker arrival data obtained by Reuters showed.
Russian oil company Rosneft's Indian venture Nayara Energy, which owns one of the largest refineries in the country, is moving to replace high-interest loans with new debt, part of efforts to reshape its balance sheet and cut borrowing costs, according to three sources familiar with the plan.
Reliance Industries Ltd. (RIL) is planning to merge its loss-making U.S. shale operations and Indian exploration and production (E&P) business to achieve synergies.
India’s crude oil production is expected to increase by a marginal 1 million tonne (MT) over the next four years through 2022, the oil ministry has said.
Airports Authority of India (AAI) will set up a 20-bed R&R (rest and relaxation) facility at the airport metro station in Chennai. AAI has also appointed a consultant to design the retiring rooms.
Concerned over a large number of railway passengers often falling prey to thieves, the Centre has asked all state governments to ensure proactive registration of FIRs and investigation of such cases so that it would act as a deterrent for criminals.
