Petrol price was Saturday hiked by a minimum Rs 2.40 per litre and diesel by Rs 2.36 after Finance Minister Nirmala Sitharaman raised taxes on the fuels to part-fund her Budget for 2019-20.
Work on several key defence projects that had stopped owing to pending bills from the Ministry of Defence (MoD) have resumed after the latter sanctioned a quarter of the 2019-20 budget to defence contractors.
The oil price has bounced back from $50 a barrel at the start of the year to more than $71 thanks to US sanctions on Iran and Saudi Arabia’s caps on production. Among the clear beneficiaries of this rise in price have been oil giants such as BP and Royal Dutch Shell,
After TOI reported about the issue of excess electricity meters installed on a single pole in Sector 15 and a few other sectors in the city, causing risk to children, a team of the Uttar Haryana Bijli Vitran Nigam(UHBVN) visited the spot to solve the problem, but the team had to return due to disagreement of residents.
After constituting special teams and installing additional CCTV’s to curb the menace of stone pelting on India first semi high-speed train, Vande Bharat, efforts are on introduce a technology which would protect the glass panes of the window of this train.
Reliance Energy has shut down power supply of 3,250 consumers of Siddharth colony slum in Chembur. The power cut continues for an hour now, and there is no untoward incident so far although residents have come out to discuss about the issue.
Over three months after he left India for medical treatment in the US, Goa chief minister Manohar Parrikarreturned home on Thursday. Parrikar accompanied by his elder son Utpal landed in Mumbai from the US in the afternoon and took an Air India flight in the evening to Goa.
Power minister M M Mani has given strong hints about a possible hike in power tariff in the near future. The minister told the assembly on Tuesday that the government had no other option but to go for an increase in the power tariff since the KSEB had accumulated a debt of Rs 7,300 crore.
It looks set to be an interesting few months for shareholders in Cairn Energy as the finishing line approaches in a long-running $1.6 billion tax dispute.