Surging US Output ‘a Concern’ For Oil Market: OPEC

Surging US Output ‘a Concern’ For Oil Market: OPEC

Oil prices, long battered by a global glut in supply, have been rising recently as the market returns to balance on the back of a landmark deal between producers to throttle output, but surging shale production in the United States could throw a spanner in the works, OPEC said today.

Govt Takes Steps To Boost Coal Supplies To Power Plants

Govt Takes Steps To Boost Coal Supplies To Power Plants

In order to boost coal supplies to power plants, the government has decided on various steps including the use of dedicated rail transportation and setting up of power projects only within 500 km from coal mines, sources said.

Dense Fog Cancels 15 Trains In Delhi

Dense Fog Cancels 15 Trains In Delhi

As the national capital reels under cold waves, as many as 15 trains were cancelled and 11 others were delayed due to low visibility on Thursday.

Reliance Power Q3 Net Up Marginally At Rs 280 Cr

Reliance Power Q3 Net Up Marginally At Rs 280 Cr

Reliance Power today reported 1.7 per cent rise in consolidated net profit to Rs 280.34 crore for the December quarter of the current fiscal due to drop in finance and depreciation costs.

Budget 2018: New Fast Trains Likely To Be Announced

Budget 2018: New Fast Trains Likely To Be Announced

Finance Minister Arun Jaitley might announce new and fast-paced trains in the Budget 2018. Train set 18’s manufacturing is in its last leg and the aluminium-body trains will be manufactured in 2020.