(Business Line) GAIL (India) Limited launched the 10th round of its start-up funding initiative ‘GAIL Pankh’ on April 1, allowing start-ups to apply for equity investment from the Maharatna PSU until May 31, 2025. The shares of GAIL (India) Limited were trading at ₹184 up by ₹2.32 or 1.25 per cent on the NSE today at 12.35 pm. The company is seeking proposals from start-ups operating in natural gas, petrochemicals, energy, project management, e-commerce, fintech, IoT, data mining, environment, health, social, security, and safety sectors. Interested start-ups can apply through the ‘GAIL Pankh’ link on the company’s website. GAIL has…
Author: Aruna Sharma
(Money Control) The central government has received a record Rs 74,016.68 crore in dividend receipts from central public sector enterprises (CPSEs) in the financial year 2024-25, surpassing the Rs 63,749.29 crore collected in FY24. The latest figures for FY25 reflect a nearly 16 percent rise over the previous year, according to official sources. “Coal India Limited, Oil and Natural Gas Corporation (ONGC) and Indian Oil Corporation Limited (IOCL) emerged as the highest dividend-paying CPSEs for the year,” a senior government official told Moneycontrol. Coal India Limited, the world’s largest coal-producing company, emerged as the highest contributor, remitting Rs 10,252.09 crore…
(NDTV Profit) The US’ higher tariffs on Europe and other steel producing countries in Asia may mean the global trade float can make its way to India, making the country more vulnerable to steel imports, according to SAIL Chairperson Amarendu Prakash. Speaking to reporters during the curtain-raiser of the 11th Asian Mining Congress and 11th International Mining Exhibition in New Delhi, Prakash said the current situation is volatile and it is prudent to wait and see what Trump has in store in terms of reciprocal tariffs. “Steel has been travelling from Asian countries to the US and Europe. Some steel…
(PTI) State-owned NHPC on Monday announced that its 300 megawatt (MW) solar power project in Bikaner has been connected to Inter-State Transmission System (ISTS). It has also started injecting 31 MW power to the grid, NHPC said in an exchange filing. “300 MW Bikaner Solar Power Project has been connected with ISTS and started injecting 31 MW power in the grid as on 31.03.2025,” it said.
(HT) India is set to face hotter-than-usual temperatures from April to June, with central, eastern, and northwestern plains expected to witness more heatwave days, the India Meteorological Department (IMD) said on Monday. Rising temperatures may increase the risk of water shortages and strain the power grid as air conditioner usage surges. IMD director general Mrutyunjay Mohapatra said that several areas could experience more heatwave days than usual during this period. “From April to June, most parts of north and east India, central India, and the plains of northwest India are expected to experience two to four more heatwave days than…
(PTI) भारत-अमेरिका की सेनाएं एक साथ थल, वायु और समुद्र पर युद्धाभ्यास करेंगी। इस संयुक्त सैन्य प्रदर्शन को टाइगर ट्रायम्फ नाम दिया गया है। इसमें दोनों देशों की सेनाएं न सिर्फ युद्धक कौशल का प्रदर्शन करेंगी, बल्कि आपदा प्रबंधन में भी नई मिसाल कायम करेंगी। दोनों देशों की सेनाओं के बीच होने वाला यह अभ्यास एक अप्रैल से शुरू हो रहा है, जो पूर्वी तट पर विशाखापट्टनम और काकीनाडा के तटीय क्षेत्रों में 13 अप्रैल तक आयोजित किया जाएगा। इस संयुक्त युद्धाभ्यास का मुख्य उद्देश्य मानवीय सहायता और आपदा राहत अभियानों में दोनों सेनाओं के बीच समन्वय और संचालन क्षमता…
(Financial Express) Adani New Industries (ANIL) is looking to increase the capacity of the solar panel facility in Mundra to 10 GW from 7 GW. (Image/Reuters) Adani Group plans to raise $4 -5 billion for its projects in Khavda and Mundra in Gujarat in the next few months, said sources familiar with the matter. Adani is building a 30 GW renewable energy park in Khavda, Gujarat, which will be the largest renewable energy park in the world. The plant will produce 26 GW of solar energy and 4 GW of wind energy. “The fundraise is through mixture of debt and equity,”…
(Financial Express) In a move to reduce import dependency for coal, the power ministry is exploring the option of equipping thermal plants run on fuel from broad to use certain quantities of domestic fuel also. Currently, as many as 17 power-generation units, with combined capacity of 17.97 giga watt (GW) operate on imported coal, and play a significant role during peak summer seasons in tacking power shortages. The ministry, according to official sources, is getting a feasibility study done on whether these power plants can use a certain amount of local coal and still run efficiently. The hybrid model will…
(Dainik Jagran) तेल कंपनियों ने गैस सिलेंडर की कीमतों में बदलाव किया है। 19 किलोग्राम वाले वाणिज्यिक एलपीजी गैस सिलेंडर की कीमत में 41 रुपये की कटौती की गई है। नई कीमत आज से लागू हो जाएगी। अब दिल्ली में वाणिज्यिक एलपीजी सिलेंडर 1762 रुपये में मिलेगा। घरेलू गैस सिलेंडर की कीमतों में किसी भी प्रकार का बदलाव नहीं किया गया है। इससे पहले एक जनवरी को भी वाणिज्यिक एलपीजी गैस सिलेंडर की कीमतों में 14.50 रुपये की कटौती की गई थी। व्यापारी वर्ग को मिलेगा लाभ तेल कंपनियां वैश्विक कच्चे तेल की दरों और अन्य कारणों से कीमतों में बदलाव…
(Business Standard) Oil edged up on Monday, with investors cautious after US President Donald Trump threatened to impose secondary tariffs on buyers of Russian oil and warned Iran of possible military action if it did not agree to a deal over its nuclear program. The more active June Brent crude futures was up 43 cents, or 0.59per cent, at $73.19 a barrel by 1322 GMT, while US West Texas Intermediate crude was 47 cents, or 0.68per cent, higher at $69.83 a barrel. Front-month Brent, trading at $74.27, expires later on Monday. Oil prices dropped earlier in the session before recovering…