R K Singh directs states to clear dues of power generating companies

R K Singh directs states to clear dues of power generating companies

Power minister R K Singh on Friday directed the state governments to clear dues of power generation companies, a step which he said will boost investor sentiment and attract investments. The minister said that attracting investments is one of the major challenges that is being faced by the sector.

Crude oil futures rise on global cues

Crude oil futures rise on global cues

Crude oil prices rose 1.88 per cent to Rs 3,856 per barrel on Friday as speculators created fresh positions amid positive global trends. Analysts said raising of bets by participants kept crude prices higher in futures trade.

Jaipur’s Railway Station Is The Cleanest In The Country

Jaipur’s Railway Station Is The Cleanest In The Country

Can you guess which is the cleanest railway station in India? According to a survey conducted by the Indian Railways under the ‘Swachh Rail Swachh Bharat’ campaign, Jaipur tops the list. Not far behind are Jodhpur, Durgapura and Jammu Tawi ranking second, third and fourth, respectively.

Crude oil futures ease on low demand

Crude oil futures ease on low demand

Crude oil futures fell 0.77 per cent to Rs 3,736 per barrel on Thursday after speculators booked profits at existing levels amid subdued spot demand. Crude oil for delivery in October was trading lower by Rs 29, or 0.77 per cent, to Rs 3,736 per barrel with a business volume of 16,902 lots on the Multi Commodity Exchange (MCX).

How does Gulf crisis affect India

How does Gulf crisis affect India

India is likely to face heat in the near future due to various emerging fault lines in the Gulf. While Gulf managed to ensure stability amidst the Syrian crisis in particular and Arab Spring in general, recent events in the Gulf cast doubt on the long term stability of the region.

EIL to soon start work on $1.2bn Mongolian refinery project

EIL to soon start work on $1.2bn Mongolian refinery project

Decks have been cleared for state-owned Engineers India Ltd (EIL) to begin construction of a petrochemical refinery in Mongolia. EIL, a PSU under the Ministry of Petroleum and Natural Gas, is the project management consultant for the development of the oil refinery.

Pradhan to visit Mongolia this week

Pradhan to visit Mongolia this week

Oil Minister Dharmendra Pradhan will visit Mongolia between October 8 and 9 as a follow-up of the state visit the President of Mongolia to India last month, an official statement said on Sunday.

India signs pact with Bangladesh for LPG import

India signs pact with Bangladesh for LPG import

India on Saturday signed three pacts with Bangladesh, including one for importing liquefied petroleum gas (LPG), with Prime Minister Narendra Modi saying the motto behind such initiatives is to ensure ease of living in both the countries and strengthening bilateral ties.