National Miner NMDC won the coveted IEI (Institution of Engineers, India) Industry Excellence Award 2022 on Friday 16th December,2022 in Chennai. The largest producer of the iron ore in the country was felicitated at the 37th Indian Engineering Congress for its outstanding performance and high level of business excellence. On behalf of NMDC, Shri N R K Prasad, CGM (IE & MS), received the award from Dr. K Ponmudy, Minister for Higher Education, Government of Tamil Nadu. The Institution of Engineers (India) has given the Industry Excellence Award to NMDC , after reviewing the business operations, financial performance, environmental performance, research…
Author: Aruna Sharma
(FPJ) Six non-BJP ruled states – West Bengal, Tamil Nadu, Andhra Pradesh, Telengana, Kerala, and Jharkhand- have not reduced the VAT on petroleum products, leading to higher prices of petrol and diesel there, Petroleum Minister Hardeep Singh Puri said on Thursday. Puri said in Lok Sabha that the central government has reduced excise duty on petroleum products and some other states, following cues, and reduced their Value Added Tax (VAT). Six states – West Bengal, Tamil Nadu, Andhra Pradesh, Telengana, Kerala, and Jharkhand – have not reduced the VAT, he said amidst vocal protests by the opposition members. According to the…
(FPJ) Shares of IRCTC fell more than 5 per cent in morning trade on the BSE on Thursday as the sale of the government’s up to 5 per cent stake in the company kicked off. The government’s offer-for-sale (OFS) of up to 5 per cent stake in Indian Railway Catering and Tourism Corporation (IRCTC) at a floor price of ₹ 680 a share opened for institutional investors on Thursday. The OFS includes base issue size of 2 crore shares or 2.5 per cent stake, with an option to retain over-subscription of another 2.5 per cent, taking the total issue size to up to…
(AU) उत्तर प्रदेश में औद्योगिक विकास का योगी मॉडल पूरी दुनिया को पसंद आ रहा है। बेल्जियम, यूएई, कनाडा और अमेरिका के निवेशक भारत में लॉजिस्टिक एंड कॉर्गो, कृषि, पर्यटन, इंफ्रास्ट्रक्चर, रिन्यूएबल एनर्जी समेत कई क्षेत्रों में निवेश के प्रस्ताव दे रहे हैं। इन निवेश प्रस्तावों के जरिए प्रदेश में लाखों नए रोजगार के अवसर पैदा होंगे। अगले साल फरवरी में लखनऊ में होने जा रहे ग्लोबल इन्वेस्टर्स समिट के लिए सीएम योगी ने 10 लाख करोड़ रुपये के निवेश का लक्ष्य रखा है। इसके लिए प्रदेश के मंत्रियों और अधिकारियों की अलग-अलग टीमें दुनिया के अलग-अलग देशों में भेजी…
(ET) Russia has for the first time emerged as top oil supplier to India replacing Iraq as refiners last month snapped up oil from Moscow fearing a price cap from Dec. 5 could hit supplies and choke payment avenues, data obtained from trade sources showed. India’s oil imports from Russia rose for the fifth straight month, totaling 908,000 barrels per day (bpd) in November, up 4 per cent from October, the data showed. The Group of Seven nations, Australia, and the 27 European Union countries have imposed a price cap of $60 a barrel on Russian seaborne oil from Dec. 5…
The Hon’ble President of India, Smt Droupadi Murmu presented the National Energy Conservation Awards, National Energy Efficiency Innovation Awards and National Painting Competition prizes in New Delhi today (December 14, 2022) on the occasion of National Energy Conservation Day. On this Occasion, Indian Railways were presented with Nine National Energy Conservation Awards for the year 2022. These awards were presented in a function held by the Bureau of Energy Efficiency under the aegis of Ministry of Power, Government of India at Vigyan Bhawan, New Delhi. These awards are declared for the best energy management practices during the year 2022 South…
Key Highlights: The Ministry of Skill Development and Entrepreneurship (MSDE) and the Indian Space Research Organization (ISRO) signed a MoU (Memorandum of Understanding) to upskill technical employees at the Department of Space (ISRO). 4000 ISRO technical staff to be trained by MSDE over next 5 years. The National Skill Training Institutes, under the Ministry of Skill Development and Entrepreneurship (MSDE), have initiated the ISRO Technical Training Programme in Bangalore, Mumbai, and Trivandrum. In line with Prime Minister Shri Narendra Modi’s Karmayogi Mission, it is a capacity-building initiative aimed at upgrading the skills of government personnel and further contributing to increasing…
India imports more than 85% of its crude oil requirements. Therefore, the prices of Petrol and Diesel in the country are linked to their respective prices in the international market. The retail prices of Petrol and Diesel depend on various factors viz. crude oil purchase price, exchange rate, shipping charges, inland freight, refinery margin, dealer commission, central taxes, state VAT and other cost elements. While the average price of Indian basket of Crude oil increased by 102% (from $43.34 to $87.55) between November 2020 and November 2022, the retail prices of Petrol and Diesel have increased in India by only 18.95 %…
Indian Renewable Energy Development Agency Ltd. (IREDA) signed a historic loan agreement for Rs. 4,444.71 crore with SJVN Green Energy Ltd. (SGEL, a subsidiary of SJVN Ltd.) today, for a 1,000 MW Solar power project at Bikaner, Rajasthan. The IREDA funded project will connect to 400/220 KV substation Bikaner-II (near Bikaner). SJVN has bagged the project through the tender floated by IREDA under the CPSU Phase-II (Tranche III) Scheme for development of Grid connected Solar PV Power Project through competitive Bidding Process based on VGF support. Speaking on the occasion, CMD, IREDA said: “We are pleased to sanction IREDA’s highest loan…
The Minister of Minority Affairs, Smt. Smriti Zubin Irani in a written reply to a question in the Lok Sabha today informed that the Pradhan Mantri Kaushal Ko Kaam Karyakram (PMKKK) has now been named as Pradhan Mantri Virasat Ka Samvardhan (PM VIKAS) Scheme. The integrated scheme converges five erstwhile schemes of the Ministry viz. Seekho aur Kamao, USTTAD, Hamari Dharohar, Nai Roshni and Nai Manzil. The scheme has been approved by the Cabinet for the period of 15th Finance Commission. PM VIKAS aims to improve livelihoods of the minorities, particularly the artisan communities, using the components of skill development, education, women leadership…