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November 15, 2018, Thursday

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Evening News Updates From Across The Media Space

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Budget 2018: A Disappointment Or A Responsible Budget?

Budget 2018: A Disappointment Or A Responsible Budget?

It is a disappointing budget. The positive part of it is no big freebies and that particularly has been kept in line.

 

 

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Budget 2018: Positive Impact On Power Sector, Saubhagya To Boost Demand

Budget 2018: Positive Impact On Power Sector, Saubhagya To Boost Demand

The Union Budget for 2018-19 is likely to have an overall positive impact on the power sector with the thrust towards expanding electricity accessthrough flagship schemes is seen boosting demand and a proposed mechanism for uptake of solar power likely to spur capacity creation.

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Voices Budget 2018-19: ICRA's Comments On Budget Impact On Power And Renewable Energy

Voices Budget 2018-19: ICRA's Comments On Budget Impact On Power And Renewable Energy

Allocation of Rs. 3800 crores and Rs. 4900 crores for Deendayal Upadhayaya Gram Jyoti Yojna (DUGJY) and Integrated Power Development Scheme (IPDS) respectively.

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Budget 2018: Focus On Expanding Energy Access For All

Budget 2018: Focus On Expanding Energy Access For All

The Union Budget for 2018-19 tabled in Parliament today has sought to achieve universal energy access with focus on expanding the coverage of flagship schemes aimed at providing cooking gas and electricity connections to the poor.

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Budget 2018: Power Sector Hopes For Boost To Domestic Manufacturers

Budget 2018: Power Sector Hopes For Boost To Domestic Manufacturers

As the government continues to lay emphasis for increased adoption of renewable energy, the power sector hopes for a much-needed thrust to domestic manufacture of equipments in this year's Union Budget.

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Will Budget 2018 Signal India’s Commitment To Fight Climate Change?

Will Budget 2018 Signal India’s Commitment To Fight Climate Change?

This year’s Economic Survey published by the finance ministry has a stark message: climate change can dent farm incomes by as much as 25% in rain-fed areas over the medium term.

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Siemens Gamesa Announces Result Of Q1

Siemens Gamesa Announces Result Of Q1

Siemens Gamesa Renewable Energy released its results for the first quarter of fiscal 2018 (October-December); financial performance was in line with the guidance for the year, and commercial activity was strong in all business units.

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Azure Roof Power To Electrify 152 Schools In Six States

Azure Roof Power To Electrify 152 Schools In Six States

Azure Roof Power offers superior rooftop solar power solutions for commercial, industrial, government, and institutional customers in cities across India to lower their energy bill and meet their greenhouse gas emission reduction targets.

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Indian Economy To Grow At 8.5% In Fiscal 2018-19, Says Power Minister

Indian Economy To Grow At 8.5% In Fiscal 2018-19, Says Power Minister

India’s economy would grow at 8.5% next fiscal and the 7.5% growth projection by economists is on the “conservative side”, power minister R. K. Singh said on Thursday.

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Three Ways To Minimize Power Sector NPAs

Three Ways To Minimize Power Sector NPAs

The villains in the power sector’s tale of woes haven’t changed in a while: worsening asset quality and rising non-performing assets (NPAs).

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Renewable Capacity Set For 1 GW Annual Expansion

Renewable Capacity Set For 1 GW Annual Expansion

In line with efforts to economize on fossil fuels, plans have been formulated to add 1,000 megawatts, or 1 gigawatt of renewable capacity to the national power grid per annum, a senior official at the Energy Ministry said.

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Solar Products On Demand In Kashmir

Solar Products On Demand In Kashmir

In an endeavour to cope with the irregular electricity supply, people in the Kashmir Valley are now using solar panels and solar-powered lamps.

 

 

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7th India Energy Congress To Begin Today

7th India Energy Congress To Begin Today

Over 400 experts are expected to brainstorm on energy transition across the globe in view of technology and digital disruptions at 7th India Energy Congress, scheduled to begin tomorrow here.

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Budget 2018: Government Cuts Excise Duty On Petrol And Diesel By Rs 2 Per Litre

Budget 2018: Government Cuts Excise Duty On Petrol And Diesel By Rs 2 Per Litre

Providing relief to common man over higher fuel prices, government today reduced excise duties by Rs 2 for petrol and diesel.

 

 

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Budget 2018: Here Is Why The Cut In Excise Duty On Petrol, Diesel Will Not Reduce Prices For Consumers

Budget 2018: Here Is Why The Cut In Excise Duty On Petrol, Diesel Will Not Reduce Prices For Consumers

The Union Budget 2018-2019 has cut basic excise duty on petroland diesel by Rs 2 per litre but the move will not result in reduction in fuel prices for consumers.

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Petrol Prices Hit Rs 73 Per Litre In Delhi, Highest Since July 2014

Petrol Prices Hit Rs 73 Per Litre In Delhi, Highest Since July 2014

Petrol prices approached a three-and-a-half-year high in Delhi on Thursday at Rs 73.05 per litre.The previous high in the national capital was Rs 73.60 a litre in July 2014, data from the Indian Oil Corp showed.

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IOC Claims 'tech Breakthrough' In Octomax Unit Of Mathura Refinery

IOC Claims 'tech Breakthrough' In Octomax Unit Of Mathura Refinery

State-owned Indian Oil Corp (IOC) today said it has made a technological breakthrough in commissioning a Octomax unit at its Mathura refinerythat will help manufacture Euro-VI fuel emissioncompliant petrol.

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Budget 2018: Free Cooking Gas Scheme Expanded To 8 Crore Poor Families

Budget 2018: Free Cooking Gas Scheme Expanded To 8 Crore Poor Families

More women can expect freedom from hazardous kitchen smoke as the government has proposed to expand its free cooking gas programme to 8 crore poor families from 5 crore earlier.

 

 

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Rising Oil Risks Modi's Reforms As Populism May Take Prominence

Rising Oil Risks Modi's Reforms As Populism May Take Prominence

Soon after Modi came to power in May 2014, crude oil prices went into a tailspin. The resultant bonanza helped buffer government finances and led to the decontrol of fuel prices.

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S K Barua Takes Over As Numaligarh Refinery MD

S K Barua Takes Over As Numaligarh Refinery MD

Public sector oil firm Numaligarh Refinery Ltd today said S K Barua has taken over as its managing director with immediate effect.

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Crude Oil Futures Rise On Firm Global Cues

Crude Oil Futures Rise On Firm Global Cues

Crude oil futures rose by Rs 20 to Rs 4,132 per barrel today as speculators increased positions amid a firm trend overseas.

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Budget 2018: Railways Gets Major Capex Boost, Mumbai Nets Rs 11,000cr

Budget 2018: Railways Gets Major Capex Boost, Mumbai Nets Rs 11,000cr

In his last full-Budget before the 2019 general elections, Finance Minister Arun Jaitley announced measures to strengthen the urban rail network by allocating Rs 11,000 crore for Mumbai and Rs 17,000 crore towards the Bengaluru metro project.

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Budget 2018: Bengaluru, Mumbai Get Major Upgrades In Railways Section

Budget 2018: Bengaluru, Mumbai Get Major Upgrades In Railways Section

The railways got a bare two-minute mention in the current budget, with the finance minister choosing to focus only on the highlights of the year. This is in stark contrast to earlier years when hours would be spent listing every train and facility on the budget.

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Union Budget 2018: Govt Announces Rs 50 Trillion For Road, Rail, Air, Inland Waterways Development

Union Budget 2018: Govt Announces Rs 50 Trillion For Road, Rail, Air, Inland Waterways Development

India will need Rs 50 trillion in investments in roads, air, rail and inland waterways, finance minister Arun Jaitley said on Thursday, terming infrastructure development as the growth driver of the economy.

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Railway Budget 2018 New Trains: World-class Train Sets Coming! All Details Here

Railway Budget 2018 New Trains: World-class Train Sets Coming! All Details Here

Railway Budget 2018 new trains: Finance Minister Arun jaitley in his Union Budget 2018 speech announced that modern world-class train sets will be rolled out by Indian Railways in the coming years.

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Budget 2018 Decoded: 15 Goods, 3 Bads And One Ugly Move From Finance Minister Arun Jaitley

Budget 2018 Decoded: 15 Goods, 3 Bads And One Ugly Move From Finance Minister Arun Jaitley

Like every Budget, this one too has its positives and negatives. Finance Minister Arun Jaitley presented a mixed bag of a Budget for the financial year 2018-19, including the good, the bad and the ugly.

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Railway Budget Bullet Train: What Rail Budget 2018 Says About Modi’s Pet Project

Railway Budget Bullet Train: What Rail Budget 2018 Says About Modi’s Pet Project

The Union budget 2018 day is finally here. Indian Railways which is one of the most crucial part of the Union budget was waiting for this day.

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All Railway Stations And Trains To Have Wi-Fi And CCTVs: Finance Minister

All Railway Stations And Trains To Have Wi-Fi And CCTVs: Finance Minister

Presenting the Union Budget 2018-19, finance minister Arun Jaitley today said in parliament that all and trains in the country will have Wi-Fi and CCTVs progressively.

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Hope For Mega Infra Projects

Hope For Mega Infra Projects

Though Maha metro is yet to finalize the detailed project report (DPR) for Metro Rail phase-II (worth around Rs10,000 crore), former mayor and corporator Pravin Datke, who coordinates with Union minister Nitin Gadkari for city's infrastructure projects, said a formal announcement is likely in the budget.

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Railways Set To Get 1st High-Speed Electric Locomotive In March

Railways Set To Get 1st High-Speed Electric Locomotive In March

Indian Railways' all new 12,000 horsepower electric locomotive -- being produced in collaboration with Alstom of France and which can run at speeds of up to 120 kmph -- would be rolled out in March when French President Emmanuel Macron visits India, Railway Ministry sources said.

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India To Become $5 Trillion Economy Soon: Arun Jaitley

India To Become $5 Trillion Economy Soon: Arun Jaitley

Finance Minister Arun Jaitley on Thursday said India is poised to become $5 trillion economy soon from $2.5 trillion now.

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Vidarbha Rly Infra Expected To Get Boost

Vidarbha Rly Infra Expected To Get Boost

With hours to go for the Union Budget to be announced of which the railways is also a part now, finance minister Arun Jaitley is expected to give major infrastructure boost to Vidarbha region.

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New Trains Rolling In But No Space To Park, Rue Officials

New Trains Rolling In But No Space To Park, Rue Officials

The Indian Railways has merrily announced procurement of 266 new trains for Mumbai but parking space for rakes is fast depleting as car sheds reach a saturation point, sending the authorities scurrying to scout for land.

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A Culture Trip On Themed Trains

A Culture Trip On Themed Trains

All around the world, themed trains are a simple and interactive way to celebrate a cause, an event or a piece of history, while livening up the commute for thousands of passengers. Here, we take a tour of some of the most unique and striking examples.

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