Shares of India’s oil exploration companies as well as those of refining and marketing companies fell sharply on Wednesday following a slump in the global crude oil prices, but aviation companies stocks rose at the same time on hopes of cheaper jet fuel.
Amid reports that Iran has awarded the prolific Farzad B gas field to Russia’s Gazprom, petroleum minister Dharmendra Pradhan on Monday said India would not mind if the asset in the Persian Gulf is denied to it.
Over 12,000 solar pumps have been distributed so far to the farmers at subsidised rates under ‘Saur Sujala Yojna’ in Chhattisgarh.
Railways station redevelopment drive: Public sector giant to hold road shows abroad to attract investors
Enthused by the response received from overseas developers for the station redevelopment programme, the Indian Railways will hold roadshows abroad to showcase the financial robustness of the scheme and attract more investors.
Electricity consumption (demand) in the country will grow at 7.1% (CAGR) between FY17 and FY22 and then slow to 6% in the subsequent five years, according to the Central Electricity Authority (CEA).
Petrol, diesel daily price revision row: Delhi dealers to support ‘No Purchase No Sale’ call by FAIPT on June 16
Petrol, diesel daily price revision row: In protest against the daily retail price revision of petrol and diesel, the Delhi Petrol Dealers Association has decided to support ‘No Purchase No Sale’ call by Federation of All India Petroleum Traders, reports news agency ANI.
The Railway Board has cancelled 19 trains and diverted routes of seven after a mines fire reached close to tracks in the Dhanbad-Chandrapur segment, making it unsafe for use.
Railways: World’s highest rail bridge in Kashmir 30 metres higher than iconic Eiffel Tower; completion in June
The world’s highest railway bridge that will soar 359 metres above the bed of river Chenab in Jammu and Kashmir will also be 30 metres higher than the iconic Eiffel Tower in Paris.
Piyush Goyal, Union Minister of State for Power, Coal, New and Renewable Energy and Mines, today said India has become a power surplus country in the last three years of NDA government at the Centre and there is no shortage of electricity or coal.
Endorsing Prime Minister Narendra Modi’s Make In India vision, French conglomerate Alstom plans to manufacture 800 “super high-power” locomotives in India over a decade.