Mumbai to face power cuts for a week

Mumbai to face power cuts for a week

Lakhs of citizens were inconvenienced in Mumbai, Thane and Navi Mumbai due to massive power outage on Friday following the tripping of two transformers at MSETCL (Maharashtra State Electricity Transmission Co. Ltd) in Kalwa during the early hours of the day.

Oil is slippery, but not quite sloshed

Oil is slippery, but not quite sloshed

Last fiscal, global crude oil prices rose 18% on average. Another 22% increase this fiscal is expected, taking the average price of the Indian basket to $70-72 a barrel. The first two months have seen prices average $74 a barrel — even hitting $80, the highest since November 2014 — fuelled by geopolitics.

State govts objected to bring fuel prices under GST: Sitharaman

State govts objected to bring fuel prices under GST: Sitharaman

Defence minister Nirmala Sitharaman on Friday said the state governments have still not given their consent to bring petrol and diesel under GST, but Union minister of petroleum, Dharmendra Pradhan, is holding discussions with the oil companies to chalk out alternative ways to bring down fuel prices.

1 57 58 59 60 61 198