India’s longest highway tunnel at Chenani Nashri, between Udhampur and Ramban in Jammu & Kashmir is all set to be inaugurated by prime minister Narendra Modi on April 2.
Oil prices were nearly unchanged last week as the Opec and IEA monthly reports gave mixed set of signals. While the compliance to output cuts has been nearly 100 per cent from the Opec side, relative non-compliance of Non-Opec coupled with steadily climbing US production is keeping prices under pressure.
Delhi’s Rail Bhawan will witness some construction work in the next few weeks. A contract has been awarded to build a 125 sq m prefabricated office on a third-floor terrace not far from the cabins of the members and chairman of the Railway Board — the highest decision making body of the Indian Railways (IR).
Solar panels on the rooftop that produce a kilowatt of power are no longer beyond the reach of ordinary citizens. Such a project will cost around Rs 60,000, even less if the central government’s 30% subsidy is factored in. In fact, generating the energy to run two fans and two lights could come at the price of a high-end smartphone
India’s ageing thermal power plants could mean good times for companies in the dismantling business. About half of the country’s thermal power plants—which collectively account for almost 30% of total installed capacity—are over 25 years old, and a large number of them are fast approaching 40, which is considered the end of their useful life span. Beyond this they will necessarily need to be scrapped, opening up a market for effective disposal of these plants
Adani Group’s $16.5 billion Carmichael mine project in Australia is expected to generate around $22 billion in state mining taxes and royalties in just the first half of the project life, the group said in a statement on Friday
Even as the major global economies continue to stay in a turmoil India seems to have emerged as the fastest growing investment destination for foreign investors in 2016, a KPMG report said.
The Modi ‘tsunami’ in Uttar Pradesh not only saw the ground below the feet of Chief Minister Akhilesh Yadav slipping away but also swept away many members of the first family of the state.
A land for setting up a port near Tajpur in West Midnapore has been identified said the West Bengal Finance Minister Amit Mitra.
India’s oil consumption fell for the second consecutive month in February, paced by lower demand for diesel – the primary transportation vehicle in the South Asian nation.