Lenders to power projects will cite one day default clause under Insolvency and Bankruptcy Code (IBC) to defend their action against erring promoters taken to insolvency under the now defunct February 12, 2018 circular of the Reserve Bank of India (RBI).
India’s Liquefied Natural Gas (LNG) imports fell 9.1 per cent year-on-year (y-o-y) to 68 million metric standard cubic meter per day (mmscmd) in February 2019, India Ratings said in a report. This happened despite a reduction in Henry Hub prices. “The Henry Hub prices reduced gradually to $2.7 per metric million british thermal unit (mmbtu) […]
It may not be smooth running for the ruling BJP-led NDA government in the coming elections if one measures electoral fortunes of political formations based on public perception built over rising fuel prices.
One Nation One Card: All you need to know about the National Common Mobility Card launched by PM Modi
Prime Minister Narendra Modi has launched the One Nation One Card in association with the State Bank of India (SBI). It is the first National Common Mobility Card (NCMC) with which you will be able to make multiple kinds of payments such as transport charges
State-controlled oil marketing companies increased retail petrol and prices for the sixth consecutive day on Tuesday. After today’s rate revision, petrol became dearer by 9-11 paise while diesel price was hiked by 6-7 paise per litre across metropolitan cities of the country. In Delhi, petrol price peaked to Rs 71 a litre as against Rs […]
Prime Minister Narendra Modi will on Saturday February 16, 2019 lay the foundation stone of the 362 km Indore-Dhule-Malegaon-Manmad New Railway Line Project, MoS for Defence Subhash Bhamre said.
A slew of mega projects worth over Rs 11,000 crore of Indian Oil and Paradip Port Trust (PPT) will be unveiled on February 6 at Paradip. Union Minister for Petroleum and Natural Gas Dharmendra Pradhan
Railways will soon roll out a completely revamped and ultra-modern Tejas Express. The train will be packed with airplane-like facilities such as personal infotainment LCD systems, leather seating
Hindustan Petroleum Corporation Limited – Visakh Refinery (HPCL-VR) Executive Director A S V Ramanan said India will become an economic house with rapid development activities in all sectors.
Achieving 100% electrification in India has always been a prime focus area of the government, considering the development objectives such a step can secure and support.