With a tougher round of US sanctions on Iran coming into effect from November 4,a top Trump administration official said Washington recognises India’s need for significant oil imports and is having conversations to ensure there are alternative supplies of
The Common Risk Mitigation Mechanism under the International Solar Alliance is on track and will be formally announced at the 24th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP 24) to be held in Poland in December.
As evidenced by the fall of the rupee and the widening account deficit, India’s dependence on oil has left it bruised by global forces. In previous oil crises, India had no choice but to tighten budgets.
India has for the first time allowed state refiners to buy 35 percent of their oil imports in tankers arranged by the seller, a document reviewed by Reuters showed, enabling them to swiftly tap cheaper cargoes.
The Prime Minister’s Office has asked ministries in charge of key infrastructure projects and schemes to not just ensure the completion of these between August and March next year — the next parliamentary elections are due shortly after
The Noida authority is expected to unveil the 29.707km Noida-Greater Noida Metro link and open the National Thermal Power Corporation (NTPC) underpass for public use by November-end. Preparations are underway to inaugurate three projects
Get ready to shell out more for tea and coffee while travelling by trains as the Indian Railways has revised the rate from Rs 7 to Rs 10. The Indian Railway Catering and Tourism Corporation (IRCTC) issued the order after reviewing the tariff and menu of meals on board.
Risk-averse bankers are slowing construction of infrastructure projects in India, Nitin Gadkari, minister for road transport and highways, said. Loans to road contractors and bank guarantees for projects have dried up,
As part of the Centre’s ‘Make In India’ initiative, the new set of air-conditioned (AC) trains that will be running on Mumbai’s suburban rail network will be completely manufactured within the country.