Consumers will continue to pay higher taxes on petrol and diesel as the government has no plans to lower the excise duty on fuel.
As oil minister, Dharmendra Pradhan quickly brought to scale two of the Narendra Modi government’s immensely successful welfare schemes – PaHAL, the direct transfer of LPG susbsidy and Ujjwala
Prime Minister Narendra Modi promoted petroleum minister Dharmendra Pradhan to cabinet rank on Sunday and gave him the additional charge of the skill development ministry.
The news on the Ujjwal Discom Assurance Yojana (UDAY) is a mixed bag. On the positive side, the financial metrics of state power distribution companies (discoms) improved in nine months of FY17, with their interest cost burden falling to 8.5%, as against 13% earlier. However, sustaining this performance would be a challenge in FY18 when […]
PwC, JM Financial and ICICI Securities are among the five consultants vying to become transaction adviser to the government’s over Rs. 33,000 crore stake sale in Hindustan Petroleum Corp Ltd HPCL to ONGC.
Oil prices extended gains on Tuesday after Saudi Arabia pledged to curb exports from next month and OPEC called on several members to boost compliance with production cuts to help rein in global oversupply and tackle flagging prices.
The Indian Railways, under its massive station redevelopment programme, is set to offer more than 144 acres of land with its 23 stations for commercial development.
Reliance Industries has pulled out of the last oil block it held in Peru, trimming its overseas assets to just two properties in Myanmar. The billionaire Mukesh Ambani-led firm had in 2007 set up Reliance Exploration and Production (REP) DMCC primarily for acquiring overseas assets.
Union Minister of State for Petroleum and Natural Gas Dharmendra Pradhan has said that India needs clean and cheap energy for creating employment through Industrial development.
Now senior citizens will have the option to avail either the full concession provided to them on rail tickets or half of it.