(T.E.T) ndustrialist Gautam Adani-led Adani Group has signed a pact with South Korea’s POSCO to explore business opportunities in sectors like steel, renewable energy among others. Both the entities have signed a memorandum of understanding (MoU) to this effect. In a statement, Adani NSE -0.59 % Group said the investment under the MoU is estimated to be up to USD 5 billion. Adani Group said it “has agreed to explore business cooperation opportunities, including the establishment of a green, environment-friendly integrated steel mill at Mundra, Gujarat, as well as other businesses. The non-binding MoU intends to further collaborate at the group…
Author: Amit Bhanot
(PSU) The construction arm of Larsen & Toubro has secured an order from the esteemed National High Speed Rail Corporation Limited (NHSRCL), to design and construct Package No. – MAHSR-C-5 of the Mumbai Ahmedabad High Speed Rail Project, the first High Speed Rail corridor being implemented in the country. The major scope of work for the project comprises design & construction of Civil and Building works for a double line high speed railway of a length of 8.198 Km (Chainage 373.700 to Chainage 401.898). The scope also includes the major station of Vadodara, Confirmation Car Base, Viaduct and Bridges, Crossing…
(T.E.T) In a bid to move towards environmental conservation, the North Eastern Railway (NER) zone of Indian Railways has electrified more than 75 per cent of its routes. North Eastern Railway Zone, primarily being a passenger-oriented system, has positioned itself as one of the prominent zones in providing safe, secure, faster, comfortable and reliable transportation facility to the public during 2021. According to the information received by the zonal railway, NER zone would become almost 100 per cent electrified railway by the end of this year 2022. It also informed that after electrification of main routes the expenditure on high-speed…
(M.C) Oil soared nearly 4 percent on Tuesday, supported by tight supply and expectations that rising coronavirus cases and the spread of the Omicron variant will not derail a global demand recovery. Brent crude gained $2.85, or 3.5 percent, to $83.72 a barrel, its highest settlement since early November. The global benchmark dropped 1 percent on Monday. US West Texas Intermediate (WTI) rose $2.99, or 3.8 percent, to end at $81.22, also its highest price since mid-November. On Monday, it fell 0.8 percent. United States Federal Reserve Chair Jerome Powell said he expects the economic impact of Omicron to be…
(M.C) Petrol and diesel prices remained unchanged on January 12, according to a price notification by state-owned fuel retailers. The rates have been static thanks to the highest-ever excise duty cut by the Centre to bring them down from record highs. The government cut the duty on petrol by Rs 5 per litre and that on diesel by Rs 10 a litre on November 3. Following this, many states and Union Territories cut local sales tax or value-added tax (VAT) to give further relief to consumers. The latest on the list was Delhi that reduced the VAT on petrol from 30 percent to 19.4…
(T.E.T) Indian Oil Corporation Ltd. has recently planned to roll out 10% Ethanol Blended Petrol (E10) across the seven North Easters states with a 100% rollout in Guwahati. The blending of 10 % ethanol in Petrol in India is a practice which is nearly two decades old now and has been implemented across the country. Implementation in the North East was held up till now due to unavailability of sufficient quantity of Ethanol. The company stated doubts of ethanol getting mixed with water due to its hygroscopic nature have been raised by some stakeholders. Indian Oil would like to clarify…
(PSU) Oil India Limited organised a 20 km cycle rally with about 300 participants, as a part of Azadi Ka Amrit Mahotsav, celebrating the 75th year of India’s independence. The agenda of the event was to spread awareness about reducing oil consumption. Shri Rameswar Teli, Hon’ble Minister of State, P&G & L&E & Shri Terash Gowala, MLA, Duliajan participated in the event flagged off by Shri Prasanta, Borkakoty, RCE, OIL at Nehru Maidan, Duliajan, which followed the route through South Bank, Naharkatiya. Shri Manash Kr Sharma, ED (Basin Manager-Shelf) & Shri Atindra Roychoudhury, ED (PS) were also present with the…
(T.E.T) The Central Board of Direct Taxes (CBDT) has extended the due dates for filing tax audit reports and income tax return for certain category of taxpayers for FY 2020-21. This was announced by the income tax department via a press release issued on January 11, 2022. The ITR deadline extension has come after various taxpayers asked the tax department and finance ministry to extend the ITR filing dates due to the rising coronavirus cases and issues with the new income tax portal. “On consideration of difficulties reported by the taxpayers and other stakeholders due to COVID and in electronic…
(Hindustan) दिल्ली वालों को महंगाई का एक और झटका लगा है। दिल्ली वालों को अब सीएनजी के बाद एक बार फिर पीएनजी (PNG) के लिए अधिक कीमत चुकानी पड़ेगी। दिल्ली में महीनेभर के भीतर CNG के बाद PNG भी महंगी हो गई है। दरअसल, सीएनजी और पीएनजी की बिक्री करने वाली कंपनी इंद्रप्रस्थ गैस लिमिटेड (IGL) ने बढ़ते कॉस्ट के चलते दिल्ली में पीएनजी के दाम (PNG Price) में बढ़ोतरी की घोषणा की है। इतने बढ़ गए दाम इंद्रप्रस्थ गैस लिमिटेड के अनुसार, दिल्ली में डोमेस्टिक पीएनजी का भाव 50 पैसे बढ़ गया है। इस बढ़ोतरी के बाद दिल्ली में अब…
(Hindustan) उत्तर प्रदेश विधानसभा चुनाव की रणनीति पर चर्चा करने के लिए भारतीय जनता पार्टी (भाजपा) ने मंगलवार को दिल्ली में अपनी कोर कमेटी की बैठक की। बैठक उस समय हुई जब यूपी के मंत्री रहे स्वामी प्रसाद मौर्य और तीन अन्य विधायकों ने भाजपा का दामन छोड़ दिया। अब इन सभी के समाजवादी पार्टी में शामिल होने की उम्मीद है। वहीं मंगलवार को हुई बैठक 10 घंटे तक चली। आज दोबारा बैठक होगी। समाचार एजेंसी एएनआई के अनुसार, केंद्रीय गृह मंत्री अमित शाह ने मंगलवार को हुई बैठक की अध्यक्षता की। इसमें भाजपा के उत्तर प्रदेश चुनाव प्रभारी धर्मेंद्र…