The Holi festival is on Friday, March 2 this year. Keeping in mind the festive rush during Holi long weekend
In a major reform in the coal sector since its nationalisation in 1973, the government today allowed private companies to mine the fossil fuel for commercial use, ending the monopoly of state-owned Coal India Ltd (CIL).
After years of complaints about hygiene, stale food, inadequate facilities on trains, the Indian Railways have virtually put luxury on tracks, with the Western Railway’s premier Rajdhani Express getting refurbished coaches under the government’s “Operation Swarn”.
Finance Minister Arun Jaitley will present the Union Budget for financial year 2018-19 on February 1. The first phase of the budget session of the parliament began from January 29 and will continue till February 9.
Indian Oil Corp Ltd said its third-quarter profit nearly doubled, handily beating estimates. Net profit surged 97 per cent to Rs. 7,883 crore ($1.24 billion) in the quarter ended December 31, from Rs. 3,995 crore a year earlier.
At least 35 trains are going to arrive late, while 10 have been cancelled due to dense fog in Delhi and neighbouring regions in north India. Five trains have also been rescheduled.
The oil and gas industry has sought infrastructure status for the exploration and production sector as also lowering of taxes on locally produced oil to boost domestic output and cut import dependence.
Union minister Piyush Goyal on Tuesday said 80 per cent of India’s population does not own a vehicle as yet and he would want their first vehicle to be electric.
India is looking at an investment of two trillion dollars in infrastructure over the next two years, Railways Minister Piyush Goyal said on the sidelines of the World Economic Forum at Davos; India is attending the annual event for the first time in two decades.
India needs investment to the tune of $300 billion in the next 10 years to double its oil refining capacity, Union Petroleum Minister Dharmendra Pradhan said today.