Crude oil rose 0.68 per cent to Rs 4,432 per barrel at the futures trade as speculators created fresh bets, taking positive cues from the global market.
Petrol price was cut by 13 paise a litre and diesel by 9 paise a litre on Tuesday in line with the softening of international crude oil and product prices.
The Railways explained its conflicting social and economic goals and how it was operating with a “safety first” motto at a meeting with the members of the 15th Finance Commission (FFC) here on Tuesday.
India’s latest move to adopt a strategic autonomy as part of its foreign policy is a step in right direction and will help in strengthening relations with its Asian partners in both strategy and energy space, believe experts.
To get around the sanctions imposed on Iran by the US last month, India and the Islamic Republic are discussing a possible re-activation of the rupee-rial payment mechanism established six years ago to deal with the Western sanctions that were subsequently lifted in 2015.
Coal India loaded 243 rakes per day during April-May this year, thereby registering an increase of 23 rakes over the corresponding period of last fiscal.
India’s efforts in providing energy access to those without it have come in for praise by the International Energy Agency (IEA).
Om Metals Infraprojects, in joint venture with Patel Engineering, has bagged a contract worth about ₹92 crore (company’s share) on upstream power house pertaining to Phase 1 of the Kundah Pump Storage Hydro Electric project (1×125 MW) in Nilgiri District from TANGEDCO.
Azure Power, an independent solar power producer with over 2,000 MW solar portfolio, has announced raising $135 million from International Finance Corporation, a private lending arm of the World Bank, and three European development banks.
The Centre has not yet officially asked Oil and Natural Gas Corporation (ONGC) to bear a subsidy on auto fuel, a top ONGC official has said..