The United States has exempted India from the imposition of certain sanctions for the development of the strategically-located Chabahar Port in Iran, along with the construction of the railway line connecting it with Afghanistan, a State Department spokesperson said.
After 13 straight cuts, fuel prices were kept unchanged on Wednesday. Petrol and diesel continue to cost Rs 79.55 and Rs 73.78 per litre, respectively, in Delhi.
The Solar Energy Corporation of India (SECI) has postponed its first major hybrid tender for 1200MW – where developers are required to set up a solar and a wind generating plant at the same site – for the fifth time.
Fuel prices continued its upward march on Monday, with diesel prices surging by 8 paise and 9 paise in four metropolitan cities.
With Assembly polls around the corner, the festive season coming up and noticing a growing frustration among people with rising prices, the Narendra Modi government finally slashed the retail costs of petrol and diesel by Rs 2.50 a litre on Thursday.
General Motors has been in India since 1996 subsequently building two factories to manufacture, sell and export out of the country. Even after plans to invest $1 billion more, in 2017, GM closed its factory in Halol Gujarat.
Barely a week after a sharp increase in ethanol procurement price, sugar mills have started approaching lenders to source working capital to revive idle distillation capacity installed years ago.
Union Minister of Railways Piyush Goyal announced the work of six new mines in Madhya Pradesh’s Parasia.
The ministry of new and renewable energy (MNRE) is expected to write to RBI, seeking to bring renewable energy projects under priority sector lending, senior officials said.