The Supreme Court today declined a plea of power distribution companies seeking setting up of a constitution bench for hearing the issue of validity of an audit by the Comptroller and Auditor General (CAG).
While petroleum is yet to come under the GST, since the dynamic pricing regime came into effect pan-India from last month, petrol prices have fallen by over Rs 2 a litre till date and of diesel by more than Re 1.
With the Goods and Services Tax (GST) coming into effect from tomorrow, rail passengers will have to pay a little more to travel AC and first class.
With Prime Minister Narendra Modi setting steep target of cutting reliance on imports, the Oil Ministry has intensified monitoring of oil and gas fields given to state-owned firms like ONGC to avoid slippages in domestic output.
Rooftop solar set-ups would become the norm in the country by 2040, according to government think-tank Niti Aayog’s draft National Energy Policy (NEP).
Power demand and generation has improved in May, but declining coal stock may lead to power shortage, India Ratings said in a report.
The country’s largest steel maker SAIL has sought help from government think-tank NITI Aayog to resolve differences with ArcelorMittal over setting up of about Rs 5,000-crore autograde steel plant.
State-run power giant NTPC is aiming at generating 250 billion units (BU) of electricity in the current fiscal under a performance pact inked with the power ministry.
Union Minister Pon Radhakrishnan today said the Cochin Shipyard Limited, a leading ship building and ship repairing company in the country, will not be privatised.
Amid a debate on freedom of press, Vice-President Hamid Ansari today said India needs a free and responsible media to hold “power to account” and protect the rights of citizens.