The government has slapped ONGC, Reliance Industries and Royal Dutch Shell with a demand of USD 3.9 billion (about Rs 25,487 crore) in dues following an arbitration award in its favour, the state-owned firm said today.
State-owned explorer Oil and Natural Gas Corp (ONGC), today posted 8.2 percent drop in standalone net profit for the quarter ended June on reduced gas price and higher expenses.
Prime Minister Narendra Modi flagged off a train for pilgrims connection Rameswaram and Ayodhya temples named Rameswaram-Faizabad weekly express today as he is in Rameshwaram to inaugurate the memorial of former President A.P.J. Abdul Kalam on his second death anniversary.
The state-owned ONGC has stepped up exploration activities in Tripura to unearth more gas to set up a fertilizer plant and to augment power generation, an official said.
India’s crude oil import bill is expected to increase 23% in the current fiscal year, according the Petroleum Planning Analysis Cell (PPAC), data and policy analysis wing of the oil ministry.
In a move which follows a similar announcement by France in recent weeks, the proposals are part of the government’s clean air plan and aims to improve air quality in the UK and tackle excessive levels of nitrogen dioxide in towns and cities.
India’s Public Transport To Get Futuristic Edge As Niti Aayog Clears Trials For Hyperloop, Pod Taxis
Commuters are in for a treat as NITI Aayog consented to as many as six proposals to introduce rapid mass transportation technologies to solve public transport woes in the country.
In India, fossil fuel subsidies directly or indirectly lead to health care costs that are at least 8 times the subsidy itself.
Provident fund accounts of 3.47 lakh coal mine workers, roughly 96 per cent of the total workforce, have been linked to Aadhaar.
Coal India has asked five of its seven subsidiaries to keep aside a total of 40 million tonnes of coal for auction to independent power producers under the Shakti scheme.