(ET) Petronet LNG will build a liquefied natural gas (LNG) import terminal in Sri Lanka in collaboration with Japanese and Lankan companies. The Sri Lankan government issued a letter of intent to the Indian government in this regard on September 1, Petronet said in a statement. “A joint venture of Petronet LNG along with Japanese and Sri Lankan companies will develop an LNG Terminal in Sri Lanka to provide re-gassified natural gas to various power plants, domestic and transport sectors in Sri Lanka,” Petronet said. The capacity of the LNG terminal will be decided upon the gas demand in Sri…
Author: khabarindia
(AU) सोनभद्र इलाके में हावड़ा से जबलपुर जा रही शक्तिपुंज एक्सप्रेस के सात डिब्बे ओबरा डैम के पास पटरी से उतरे। यह घटना गुरुवार सुबह 6.15बजे हुई। जो डिब्बे पटरी से उतरे हैं उनमे एसी के चार, जनरल के दो और एसएलआर का एक डिब्बा है। किसी के मरने की अभी तक सूचना नहीं है। हादसे के वक्त अधिकतर लोग नींद में थे। रांची और धनबाद से रेल अफसर घटनास्थल के लिए निकल चुके हैं। अभी तक मिली जानकारी के मुताबिक डैम पास होने की वजह से ट्रेन की स्पीड कम थी इसलिए हादसे में ज्यादा नुकसान की खबर नहीं…
(ET) With two years to go for 2019 parliamentary elections, Prime Minister Narendra Modi has stepped in to ensure results can be seen on the ground. The Centre has asked states to focus on impactful and public-private-partnership based smart city projects, which would show results over the next one year and have a review mechanism in place. Ministry of housing and urban affairs, the nodal ministry for Smart Cities Mission has identified 261 impactful ventures worth Rs 31,000 crore and PPP projects worth Rs 32,000 crore for the states to work on.
(AU) जीएसटी लागू होने के बाद गलत तरीके से लाभ कमाने और उसका फायदा उपभोक्ताओं को न देने वालों के खिलाफ शिकायतों की जांच के लिए सरकार ने एक समिति का गठन किया है। सरकार ने उपभोक्ताओं से कहा है कि ऐसे कारोबारियों के खिलाफ शिकायत करें, जो उन्हें लाभ के रूप में कीमत कम नहीं करते। राजस्व सचिव हसमुख अढिया ने कहा कि सरकार ने ‘स्थायी समिति’ का गठन किया है। इसमें चार सदस्य होंगे, दो अधिकारी केंद्र के और दो राज्यों के होंगे, जो गलत तरीके से लाभ कमाने वालों के खिलाफ शिकायतों का निपटारा करेंगे। इसके अलावा राज्य सरकारें भी…
(TH) Reliance Industries Ltd. has emerged as the successful bidder for the assets of Kemrock Industries & Exports, a move that will help RIL enter the composite business. KIEL is a Vadodara-based manufacturer of fibre-reinforced composite materials. “RIL participated in an on-line e-bidding process held by Allahabad Bank, leader of the consortium of 11 Banks to sell assets…,” RIL said in a statement, without disclosing the price. This participation is a part of Reliance’s efforts to enter the composites business and establish a leadership position in this large and growing market in India. Composites are used in a variety of…
(ET) Reserve Bank of India’s former governor Raghuram G Rajan has questioned government’s move to merge public sector banks. While saying consolidation is not unwarranted, Rajan stressed the government should be clear what purpose would it solve. In an interview to ET, Rajan said bank mergers would be a complex process. “Consolidation itself requires a whole lot of time and effort by bank CEOs and bank managers throughout the system. You have to merge IT systems, you have to merge you have to merge HR systems etc that involves a tremendous amount of work,” he said. He said the fact…
(TH) State-owned GAIL (India) Ltd is set to sign a ship chartering deal this month with TOTAL SA to hire one LNG tanker for three years from the French oil major for hauling gas from the US beginning January 2018. TOTAL emerged the successful bidder for the short-term charter on an enquiry floated by Shipping Corporation of India (SCI) on behalf of GAIL, by quoting the lowest day rate of $44,900 for the three-year deal, which can be extended by one year, multiple sources told BusinessLine. The LNG carrier offered by TOTAL has a storage capacity of 165,500 cubic metres. Some 30…
(PTI) Prime Minister Narendra Modi today justified demonetisation which has come in for criticism, asserting that his government was not afraid of taking “big” and “tough” decisions in the interest of the country. Addressing the Indian diaspora here in Myanmar, he said his government could take such decisions because it considers the country bigger than politics. Along with demonetisation announced on November 8 last year, he also named the surgical strikes in Pakistan-occupied Kashmir (PoK) last year and the GST which was rolled out on July 1 as the “big” and “tough” decisions taken by his three- year-old government. Referring to…
(OTV) A judge of Orissa High Court scheduled to hear the case related to alleged poll fund irregularities of CM Naveen Patnaik today refused to hold the trial and requested the Chief Justice to set up a separate bench for hearing. Without citing any reason, Justice SK Mishra said he thought deeply about the case and decided to stay away from the trial and release the case to chief justice requesting him to set up a separate bench to hold the trial. Reports said a fresh petition submitted by root petitioner Subash Mohapatra in Supreme Court might have made him…
(TH) To make LPG more popular among all stakeholders — producers, buyers as well as sellers — the Ministry for Petroleum & Natural Gas is seeking further reforms in its pricing. Dharmendra Pradhan, Minister for Petroleum and Natural Gas, and Skill Development, told BusinessLine that his Ministry had taken up the matter of correcting the existing anomalies in LPG pricing, including tax disparity between public and private players with the Finance Ministry. He, however, maintained that the government had no plans to do away with retail end subsidy offered to the deserving customers. “LPG can be replaced in all sectors where there is…