(PTI) Stocks kept the record-breaking touch intact for the third day as the Sensex today closed at a fresh life high of 31,109 while the Nifty settled above 9,600 for the first time ever as ample liquidity gave buying a lift. Since a few overseas markets were closed, there were not too many triggers, which put a lid on the stocks’ advance. Amid all this, concerns over high valuations remained. Muted earnings from some blue-chip companies, including Sun Pharma, Tech Mahindra and Reliance Communications, created discomfort. But sustained buying saved the day as they brushed aside yet another missile launch by North…
Author: Amitabh Kumar
RITES Ltd, under the Ministry of Railways has recorded 18% increase in its total income in FY 2016-17 compared to 2015-16. It has for the first time crossed the Rs. 1500 crores benchmark. Despite severe competition from domestic and foreign consultancy companies, RITES recorded PAT of around Rs.330 crores on a turnover of Rs.1508 crores, according to the provisional results submitted to its Board of Directors. The company has also issued 2 bonus issues during the year, increasing its paid-up capital from Rs. 100 crores to Rs. 200 crores. During the year, the company completed the supply of 120 coaches…
Petroleum Minister, Shri Dharmendra Pradhan meets Mr. Shigeru Aoyagi, Country Head of UNESCO ONGC in partnership with UNESCO has developed long term and short term plans for conservation of Chilika Lake Shri Pradhan said special focus should be given to improvement of livelihood of people associated with Chilika Lake Minister assured to seek support from all stakeholders for nomination and selection of Chilika Lake as UNESCO World Heritage Site Minister of State (I/C) for Petroleum and Natural Gas, Shri Dharmendra Pradhan met Mr. Shigeru Aoyagi, Country Head of UNESCO here today. UNESCO in association with ONGC is planning to…
Ministry of Petroleum and Natural Gas apprised of concerns on GST by Industry Representatives Shri Dharmendra Pradhan assures Industry to convey concerns to Finance Minister for agreeable solutions Petroleum Minister also asks Industry Players to raise concerns with Oil and Gas producing States, to make changes in provisions which impact new investments and employment generation Minister of State (I/C) for Petroleum and Natural Gas, Shri Dharmendra Pradhan reviewed the impact of GST on the Oil & Gas Sector. A workshop was organized by the Ministry after various public and private sector stakeholders from upstream, downstream and midstream segment raised several…
(PTI) Former Jammu and Kashmir chief minister Farooq Abdullah today called for the immediate imposition of Governor’s rule in the state, stressing that it was the only way to arrest the growing unrest in the Valley, fast slipping into anarchy. “We have never been promoters of Governor’s rule; we have always opposed it. But there is no other way,” Abdullah, the newly elected MP from Srinagar, told PTI here.The National Conference chief, who was recently called to New Delhi by Prime Minister Narendra Modi for a discussion on Kashmir, said Modi wanted a “peaceful end” to the situation in the…
(AU) राष्ट्रपति चुनावों के नजदीक आने के बाद केंद्र सरकार खुद को मजबूत साबित करने की कोशिशों में जुटी है। बीजेपी सूत्र दावा करते हैं कि एनडीए कैंप के पास इस चुनाव के लिए 54 प्रतिशत वोट मौजूद है। सूत्र कहते हैं कि तेलंगाना राष्ट्र समिति (TRS) केंद्र सरकार के समर्थन में वोट कर सकती है जबकि AIADMK राष्ट्रपति चुनावों के लिए एनडीए का साथ छोड़ सकती है।भाजपा के एक वरिष्ठ नेता ने कहा, “द्रमुक कांग्रेस के साथ जा रहा है। उसने सोनिया गांधी के विपक्षी पार्टियों की लंच की बैठक में हिस्सा लिया है। राष्ट्रपति चुनावों के लिए कुल वोट 10,…
(FE) Chief Minister Trivendra Singh Rawat has directed for speedy conduct of works linked to the proposed Rishikesh-Karanprayag railway line in Uttarakhand.Presiding over a review meeting in Dehradun today, Trivendra Singh Rawat directed Uttarakhand Power Corporation Limited (UPCL) to shift the power lines coming on the way of the line within 90 days. He also directed the Jal Sansthan to shift drinking water pipelines in the area within 30 days. The CM said the Forest Department must clear the areas within three days as the foundation works of the railway bridges had to be done. It was also decided to…
(FE) Oil prices remained weak on Monday as a relentless rise in U.S. drilling undermined an OPEC-led push to tighten supply. Brent crude futures were trading at $52.10 per barrel at 0150 GMT, down 5 cents from their last close. U.S. West Texas Intermediate (WTI) crude futures remained below $50, down 8 cents at $49.72. The Organization of the Petroleum Exporting Countries and some non-OPEC producers agreed last week to extend a pledge to cut production by around 1.8 million barrels per day (bpd) until the end of the first quarter of 2018. But the decision did not go as…
(PTI) Uttar Pradesh government will bring a new industrial policy to boost investment in the state. This was announced by UP Chief Minister Yogi Adityanath at the first roadshow here for the World Food India, which is a global food processing event organised by the Centre in November first week this year. The Union Ministry of Food Processing Industries (MoFPI) is organising a global event ‘World Food India 2017’ from November 3-5, 2017 in the national capital.”We are proud to host the inaugural roadshow of this key initiative in Uttar Pradesh and are committed towards supporting the main event World…
(PTI) The National Green Tribunal has directed the Divisional Commissioner of Agra to provide information on the trees planted in the eco-sensitive Taj Trapezium Zone (TTZ) near the historic Taj Mahal. A bench headed by NGT Chairperson Justice Swatanter Kumar asked the officer to provide necessary data within three weeks to advocate M C Mehta, who has been appointed as local commissioner to probe the alleged illegal felling and sale of 4,000 trees in the area. The green panel also directed Mehta to submit the final report on the tree-felling incidents before July 10. The NGT had earlier directed the Uttar…