GOOD EVENING INDIA

December 17, 2018, Monday

Your Evening News Updates From Across The Media Space

RBI Raises Concern Over Rising Coal Import as Trade Deficit Widens

RBI Raises Concern Over Rising Coal Import as Trade Deficit Widens

After crude oil and electronics, coal has emerged as the latest headache for Indian policy makers battling with unfavourable balance of payments, prompting the Reserve Bank of India (RBI) to flag its concern over the rising dry fuel import, perhaps for the first time.

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India is a very important player for the climate agenda: UNGA President

India is a very important player for the climate agenda: UNGA President

As per recent reports, Delhi and Mumbai flights can get cancelled or rescheduled. The numbers are staggering, as we are talking about more than 2000 flights. The reason being that Indira Gandhi International Airport

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Increase in power demand met by improved hydro & nuclear generation: India Ratings

Increase in power demand met by improved hydro & nuclear generation: India Ratings

Demand-supply gap following improved power requirement in August this year was met by increased hydel and nuclear power generation bringing down peak deficits to 0.5% according to a report by India Ratings and Research.

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FIA demands reduction in power tariff rates for MSMEs in Haryana

FIA demands reduction in power tariff rates for MSMEs in Haryana

MSME representing body, Faridabad Industries Association (FIA) has asked for power tariff rate reduction from the Haryana government on the similar lines as it has been announced for domestic consumers in the state.

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NTPC signs Rs 5,000-crore term loan agreement with SBI

NTPC signs Rs 5,000-crore term loan agreement with SBI

India's state-owned power generator, NTPC, today said it has signed a term loan agreement of Rs 5,000 crore with the State Bank of India (SBI). "This loan has a door-to-door tenure of 12 years and will be utilised to part finance the capital expenditure

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L&T Construction bags orders worth Rs 1,881 crore

L&T Construction bags orders worth Rs 1,881 crore

Larsen & Toubro (L&T) Monday said the power transmission and distribution business of its arm L&T Construction has bagged orders worth Rs 1,881 crore in the domestic and international markets.

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Niti Aayog to present National Energy Policy to PM Modi in 1-2 months: Amitabh Kant

Niti Aayog to present National Energy Policy to PM Modi in 1-2 months: Amitabh Kant

Niti Aayog, the government’s key policy think-tank is likely to place the much-awaited National Energy Policy document before Prime Minister Narendra Modi. The policy, when finalised,

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UT to cut down power losses to 13%

UT to cut down power losses to 13%

The UT electricity department has planned to bring down transmission and distribution (T&D) losses to 12.65% by 2021-22 financial year. The UT electricity department in its multi-year tariff (MYT) petition submitted before

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Solar Carports: A New Source of Growth for Rooftop Solar?

Solar Carports: A New Source of Growth for Rooftop Solar?

India crossed the milestone of 25 GW of installed solar photovoltaic (PV) capacity, as of August 2018. Out of the installed capacity, rooftop solar PV accounts for over 2.5 GW. Compared to large-scale solar,

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Indian business major Srei to enter into energy partnership with Russia

Indian business major Srei to enter into energy partnership with Russia

Kolkata-based industrial major Srei may soon enter into energy business with hydro-carbon rich Russia as Delhi and Moscow have decided to expand their energy partnership.

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This UP discom has to electrify 10 lakh houses in 21 dists by Nov-end

This UP discom has to electrify 10 lakh houses in 21 dists by Nov-end

Even after the central government’s special scheme to provide electricity to all poor households, around 10 lakh houses in 21 districts of western Uttar Pradesh don’t have any electricity connection. Dakshinanchal Vidyut Vitran Nigam Limited (DVVNL

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Bioenergy leads growth in renewable energy consumption to 2023-IEA

Bioenergy leads growth in renewable energy consumption to 2023-IEA

Bioenergy from liquid biofuels and biogas will lead growth in renewable energy consumption to 2023, due to its rising use in the heating and transport sectors, according to the International Energy Agency (IEA).

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India to buy Iranian oil in November despite US sanctions: Dharmendra Pradhan

India to buy Iranian oil in November despite US sanctions: Dharmendra Pradhan

Oil Minister Dharmendra Pradhan Monday said two state refiners have placed orders for importing crude oil from Iran in November, the month when US sanctions on Iranian oil purchases take effect.

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TN govt may consider reducing tax on petrol, diesel: CM

TN govt may consider reducing tax on petrol, diesel: CM

The Tamil Nadu government Monday said it may 'consider' reducing taxes on petrol and diesel, but pointed out its spending on various initiatives, including implementation of the seventh Pay Commission recommendations.

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No going back on fuel price deregulation: Dharmendra Pradhan

No going back on fuel price deregulation: Dharmendra Pradhan

Oil minister Dharmendra Pradhan on Monday said there was no question of going back on deregulation of fuel pricing despite the government asking state-owned firms to subsidise petrol and diesel by Re 1 per litre.

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Fuel price hike: Petrol, diesel prices resume upward climb

Fuel price hike: Petrol, diesel prices resume upward climb

Even after the excise duty cut on fuel process was announced, petrol prices are on the rise again. Petrol and diesel prices have gone up by 21 paise per litre and 31 paise per litre in Mumbai today.

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Govt's decision to reduce fuel prices credit negative for OMCs: Moody's

Govt's decision to reduce fuel prices credit negative for OMCs: Moody's

The government's decision last week to reduce fuel prices through a mix of state and centre tax cuts and price cuts taken by oil marketing companies (OMCs) may have far-flung impact on the domestic oil industry, according to a Moody's report.

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India asks Saudi Arabia to raise crude oil output: Oil Minister Dharmendra Pradhan

India asks Saudi Arabia to raise crude oil output: Oil Minister Dharmendra Pradhan

*Higher retail fuel prices pose a challenge, said India's Oil Minister Dharmendra Pradhan * He said he spoke to Saudi Arabia's Oil Minister two days ago to discuss high oil prices

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Two Indian companies to buy Iranian oil in November: Oil minister

Two Indian companies to buy Iranian oil in November: Oil minister

Two Indian companies have placed orders to buy Iranian oil in November, oil minister Dharmendra Pradhan said on Monday, adding that India does not yet know if it will be granted a waiver from U.S. sanctions on Iran.

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Fuel price reduction may dent oil firms EBITDA by Rs 6500 crore: Moody's

Fuel price reduction may dent oil firms EBITDA by Rs 6500 crore: Moody's

The recent cut in petrol and diesel prices by Rs 2.50 by the Centre is estimated to reduce the combined EBITDA margins of IOCL, HPCL and BPCL by Rs 6500 crore during current fiscal, rating agency Moody's said Monday.

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Chhattisgarh On The ‘Rail-Way’: Foundation Stone Laid For Two Major Projects Worth Rs 6,500 Crore

Chhattisgarh On The ‘Rail-Way’: Foundation Stone Laid For Two Major Projects Worth Rs 6,500 Crore

Union Railway Minister Piyush Goyal and Chief Minister of Chhattisgarh Raman Singh laid the foundation stone for two important railway projects on Saturday (6 October), in the state. The new railway line that connects Katghora-

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Even as petrol, diesel prices hit your pocket, this smart move by Indian Railways saves Rs 1 cr a month

Even as petrol, diesel prices hit your pocket, this smart move by Indian Railways saves Rs 1 cr a month

When last week, the NDA government trimmed the excise duty, there was a collective sigh of relief from Indian citizens. Right after the excise duty cut, many states also decided to lower their petrol and diesel prices.

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Connectivity Boost For Meerut, Panipat And Alwar: Cities To Be Linked With Delhi Airport Via High-Speed Rail

Connectivity Boost For Meerut, Panipat And Alwar: Cities To Be Linked With Delhi Airport Via High-Speed Rail

A high-speed rail-based commuter service is being developed to connect the Aerocity at Indira Gandhi International (IGI) airport with the regional nodes of National Capital Region (NCR). All three corridors will be interconnected through this project.

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Indian Railways Rishikesh-Karnprayag rail project on fast-track! First phase to be completed by 2020

Indian Railways Rishikesh-Karnprayag rail project on fast-track! First phase to be completed by 2020

Work for Indian Railways Rishikesh- Karnprayag project in full swing! Addressing the gathering of the investors during the Destination Uttarakhand Investors Summit-2018, Railway Minister Piyush Goyal

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7th Pay Commission: Good news for Indian Railways employees, minister gives assurance on meeting their demands

7th Pay Commission: Good news for Indian Railways employees, minister gives assurance on meeting their demands

7th Pay Commission: Even as central government employees are still waiting and resorting to pressure tactics to draw the attention of the government regarding their demands for hike in pay through an increase in fitment factor over and above

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Bengaluru Metro’s reluctance to answering RTIs irks citizens

Bengaluru Metro’s reluctance to answering RTIs irks citizens

A number of people are complaining that the Bengaluru Metro Rail (BMRCL) is rejecting their Right to Information (RTI) applications. This has curtailed their only access, as Namma Metro

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Smart move, Indian Railways! With new technology for drawing power in trains, Rs 1 crore per month being saved

Smart move, Indian Railways! With new technology for drawing power in trains, Rs 1 crore per month being saved

Smart move, Indian Railways! In a bid to draw power from overhead lines for electrical appliances in Linke Hoffman Busche (LHB) coaches, the Southern Railway zone of the national transporter has implemented a technology.

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Now At Hyderabad’s Kacheguda Station, Passengers Can ‘Fresh Up’ In Comfort On Hourly Basis, Thanks To IRCTC

Now At Hyderabad’s Kacheguda Station, Passengers Can ‘Fresh Up’ In Comfort On Hourly Basis, Thanks To IRCTC

Indian Railways Catering and Tourism Corporation (IRCTC) that handles the catering, tourism and online ticketing operations of the Indian Railways has started a first of its kind facility 'Fresh Up,' at the Kachiguda Railway Station,

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I-Ticket vs E-Ticket vs Tatkal Ticket, all you want to know in brief about Indian Railways ticketing system

I-Ticket vs E-Ticket vs Tatkal Ticket, all you want to know in brief about Indian Railways ticketing system

Indian Railways, through its ticketing arm offers a number of ways that passengers can buy their train tickets At times, passengers can get confused about which one is for them. To cut through the confusion

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