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.
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.
The Railways today informed Parliament that it has no plans to open ‘Jan Aushadhi Kendras’, stores selling medicines at affordable prices, at stations.
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.
The Railway ministry signed a Memorandum of Understanding (MoU) with the Ministry of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy (AYUSH) on Tuesday to augment the existing system of Ayush in Railway Hospitals.
Energy and engineering solutions firm Jakson Group today announced a strategic partnership with the UAE’s Al Naboodah Electrics for the distribution of its solar products in the West Asian market.
As many as 10 trains were cancelled, and 19 were arriving late owing to the low visibility in the national capital region on Monday.
Crude oil futures rose by Rs 20 to Rs 4,132 per barrel today as speculators increased positions amid a firm trend overseas.
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.
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.