In today’s chart, let’s take a quick look at the allegations that banks aren’t giving money to NBFCs. Remember October? When NBFCs were falling like nine pins because of lack of liquidity? Well, they seem to have got their liquidity from banks.
The Organisation of Petroleum Exporting Countries’ (OPEC) Vienna meeting finally concluded with an agreement over production cuts till April next year. The cartel and its partners have agreed to reduce production by close to 1.2
A power crisis is looming large on India and the country needs to immediately start planning coal-based power plants and transmission corridors to avert it, experts have cautioned. This is in stark contrast to statistics of the country’s
Several ministers and politicians from Goa are expected to visit New Delhi to offer support to mining dependents who are scheduled to begin a three-day protest on December 11 to press for the resumption of mining in the state.
‘Saubhagya’ For Villages, ‘Durbhagya’ For DISCOMs: UP Still Faces 34 Lakh Illegal Electricity Connections
Even as the deadline for Saubhagya Yojana approaches, Uttar Pradesh has 3.4 million households with illegal electricity connections, Mint has reported. The report claims that the state’s power corporation will be regularising the illegal connections.
Top Indian gas importer Petronet LNG is looking to sign a deal in a year’s time to buy at least 1 million tonnes of U.S. natural gas annually for a period of up to 10 years, as it pushes to diversify its supply sources beyond the Middle East.
With the crude oil showing little hopes of coming out of a bearish market this month despite the producers’ cartel Organisation of the Petroleum Exporting Countries (OPEC) deciding in favour of a supply cut, petrol and diesel prices continue to tumble in India today.
Oil in London extended its gains near $62 a barrel after OPEC and its allies agreed on production cuts and protesters forced the shutdown of Libya’s biggest crude field.
The Union ministry of power has advised all states in India to follow Andhra Pradesh model in implementing energy efficiency activities. The ministry, in a letter to the states, advised them to establish standalone state-designated agencies
About fifty months after the Supreme Court cancelled 204 captive coal block licences saying these were allocated in an illegal and arbitrary manner, production from the blocks are far below the level before the court’s decision.