GOOD MORNING INDIA

November 15, 2018, Thursday

Greetings Of The Day From EnergyInfraPost.com!

MORNING NEWS UPDATES ON POWER/COAL/MINES/RE/OIL AND GAS/INFRASTRUCTURE AND TRANSPORTATION

Budget 2018: Budget Spurs Inflation Worries Ahead Of RBI Policy

Budget 2018: Budget Spurs Inflation Worries Ahead Of RBI Policy

India's annual budget could push up inflation and prompt the central bank to raise interest rates sooner, analysts said on Thursday, raising the probability of a scenario that could hurt the nascent economic recovery.

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As Coal Prices Rise, Power Cos Feel The Heat With Higher Cost Pressure

As Coal Prices Rise, Power Cos Feel The Heat With Higher Cost Pressure

Global coal prices have been on a steady rise in the last few months, increasing cost pressure for thermal power producers in the country. This is happening as they struggle with lower offtake for the power they generate.

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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: 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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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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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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Oil Rises As OPEC Compliance Eclipses Boom In Us Output

Oil Rises As OPEC Compliance Eclipses Boom In Us Output

Oil rose on Thursday after a survey showed OPEC’s commitment to its supply cuts remains in place, even as US production topped 10 million barrels per day (bpd) for the first time since 1970.

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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 petrol and diesel by Rs 2 per litre but the move will not result in reduction in fuel prices for consumers.

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Goldman Sachs Raises Oil Price Forecasts On Speedy Market Rebalancing

Goldman Sachs Raises Oil Price Forecasts On Speedy Market Rebalancing

Goldman Sachs raised its Brent crude price forecasts on Thursday, saying oil markets have rebalanced six months sooner than expected, citing steady demand growth and continuing compliance with OPEC-led supply cuts.

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Hike Of 60 Per Cent In LPG Scheme Target Fuels Investor Fears

Hike Of 60 Per Cent In LPG Scheme Target Fuels Investor Fears

The proposal to expand free cooking gas programme to include 8 crore poor families, up 60% from 5 crore planned earlier, will give more women freedom from hazardous kitchen smoke, but the likely increase in the subsidy has raised concerns that oil companies may have to foot the bill.

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Rising Crude Oil Price May Derail Arun Jaitley’s Tight Budget 2018 Roadmap

Rising Crude Oil Price May Derail Arun Jaitley’s Tight Budget 2018 Roadmap

When Finance Minister Arun Jaitley presented his fifth, post-GST era’s first, and present government’s last full Budget on Thursday, he dedicated his little fiscal room to farmers, senior citizens, salaried class, and the SMEs.

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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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Budget 2018: Infrastructure Sector Gets A Rs5.97 Trillion Push

Budget 2018: Infrastructure Sector Gets A Rs5.97 Trillion Push

India will invest as much as Rs5.97 trillion in creating and upgrading infrastructure in the next financial year, finance minister Arun Jaitley said in his budget speech on Thursday.

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Highest-Ever Allocation To Fast-Forward Railway Plans

Highest-Ever Allocation To Fast-Forward Railway Plans

In the highest-ever allocation, Union Finance Minister Arun Jaitley on Thursday announced a capital expenditure of ₹1,48,528 crore for the Railway Ministry for the year 2018-19.

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Railways Gets A Record Rs1.48 Trillion In Union Budget 2018

Railways Gets A Record Rs1.48 Trillion In Union Budget 2018

The Union budget has allocated a record Rs1.48 trillion for Indian Railways to raise its carrying capacity and improve the train travel experience.

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Budget 2018: Railways Prepares For Major Technology Boost, Says Piyush Goyal

Budget 2018: Railways Prepares For Major Technology Boost, Says Piyush Goyal

Railway Minister Piyush Goyal today said the national transporter would focus on technology this year to ensure safety on its network.

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Budget 2018: Nitin Gadkari Welcomes Nearly Rs 2,000 Crore Hike In Water Ministry Allocation

Budget 2018: Nitin Gadkari Welcomes Nearly Rs 2,000 Crore Hike In Water Ministry Allocation

Budget 2018: Union minister Nitin Gadkari today welcomed the nearly Rs 2,000 crore hike in budgetary allocation to the water resources ministry and said the government will focus on expanding irrigation infrastructure and cleaning up the Ganga in 2018-19.

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Budget 2018: Modi Government Plans Mega Expansion Of Rural Infrastructure

Budget 2018: Modi Government Plans Mega Expansion Of Rural Infrastructure

The Budget has proposed a big expansion of the network of rural roads and agricultural markets, along with concrete steps to help farmers get better prices with the help of a focused strategy on imports and exports as well as participation in the futures market.

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