(ET) A 30% decline in oil prices since early June has brought relief to refiners, which had sold fuels at a loss to domestic customers for months, but is unlikely to lower consumer prices, said analysts and executives. Crude oil prices have fallen to $86 a barrel, from $124 on June 8, as fear of a recession in the developed world is swaying investors amid interest rate tightening by central banks. “India may not get the full benefit of falling oil prices,” said Sunil Kumar Sinha, principal economist at India Ratings and Research, pointing to depreciation in the rupee that…
Author: Aruna Sharma
(PTI) Prime Minister Narendra Modi will inaugurate or lay foundation stones for multiple infrastructure and development projects worth more than Rs 29,000 crore during his two-day visit to poll-bound Gujarat starting from Thursday. Some of these big-ticket projects slated for inauguration/foundation stone laying ceremonies include world’s first CNG (compressed natural gas) terminal in Bhavnagar, Metro phase-1 in Ahmedabad and phase-1 of Diamond Research and Mercantile (DREAM) City at Surat, said an official release issued by the Gujarat government on Wednesday. During the tour, the PM will flag off the Gandhinagar-Mumbai Central Vande Bharat Express train and also inaugurate the 36th…
(ET) The Indian Railways Catering and Tourism Corporation (IRCTC) offered ‘Vrat thalis’ for passengers on fast during Navratri in Delhi. The passengers are offered meals without onion and garlic en route their journey on the train. IRCTC will provide this facility at 400 stations.
(Jansatta) पीएम नरेंद्र मोदी गुरुवार (29 सितंबर) को गुजरात के दो दिवसीय दौरे पर पहुंचे। सूरत में प्रधानमंत्री के स्वागत के लिए भारी भीड़ उमड़ी। सूरत पहुंचने पर मुख्यमंत्री भूपेंद्र पटेल ने पीएम मोदी का स्वागत किया। जिसके बाद प्रधानमंत्री मोदी ने रोड शो किया। पीएम मोदी ने गुजरात में 3,400 करोड़ रुपये से अधिक की विभिन्न परियोजनाओं की आधारशिला रखी और इन परियोजनाओं को राज्यवासियों को समर्पित किया। इस दौरान सूरत में लोगों को संबोधित करते हुए पीएम नरेंद्र मोदी ने कहा, “सूरत शहर लोगों की एकजुटता औऱ जनभागीदारी, दोनों का बहुत ही शानदार उदाहरण है। हिंदुस्तान का कोई प्रदेश ऐसा नहीं होगा,…
(PTI) Akhilesh Yadav was unanimously elected president of the Samajwadi Party for the third consecutive time, said the party’s secretary general Ram Gopal Yadav. Declaring the result of the election at the Samajwadi Party national convention at Ramabai Ambedkar stadium here, Ram Gopal Yadav said Akhilesh Yadav was the only candidate for the post. Taking over from his father Mulayam Singh Yadav, Akhilesh Yadav became SP president for the first time at an emergency meeting of the party in January 2017 and for the second time at the party’s national convention in Agra in October the same year.
(HT) Chief minister Ashok Gehlot is likely to meet Congress President Sonia Gandhi on Thursday in an attempt to resolve the crisis triggered in Rajasthan after lawmakers close to him opposed his rival Sachin Pilot’s elevation to the state’s top job. The lawmakers sought their say in choosing Gehlot’s successor if he gets elected as the party chief. They opposed Pilot’s elevation citing his rebellion against the chief minister in 2020. The meeting is expected as former Madhya Pradesh chief minister Digvijaya Singh has emerged as a possible contender to become the next Congress president amid confusion about next month’s…
(PTI) India can play a stabilising and a bridging role at a time when in the world is not an “optimistic picture” and there is a worried international community, External Affairs Minister S Jaishankar has said. He said India can also contribute towards de-risking of the global economy and in political terms, in some way, help depolarize the world. “The big picture, quite honestly, in the world is not an optimistic picture. I think we have a very worried international community,” Jaishankar told a group of Indian reporters at a news conference . Jaishankar said there are more than opportunities for India,…
(HT) Chief minister Yogi Adityanath on Wednesday gave a lesson or two in governance to ministers of state (independent charge) and ministers of state here on Wednesday. He asked the ministers incharge of various departments to sign the files themselves and share work with their juniors. “Ministers incharge should sign the files themselves before sending them to his office and send the files just signed by the ministers of state. Allocate and share work with your ministers of state,” Yogi Adityanath said at meetings with the MoS (independent charge) and ministers of state at his official residence here. Yogi got…
(PTI) Over 1,100 companies have registered for India’s mega defence exhibition –the DefExpo– to be held at Gandhinagar in Gujarat next month. Defence Minister Rajnath Singh on Tuesday reviewed the preparations for the event, billed as the biggest ever exhibition of land and naval systems being hosted in India. The 12th edition of DefExpo, scheduled to be held between October 18 and 22, will be the biggest ever as a record 1,136 companies have registered for the event as on September 27 and the numbers are expected to rise, the defence ministry said.
(PTI) Prime Minister Narendra Modi on Tuesday said he had a fruitful meeting with his Japanese counterpart Fumio Kishida and conveyed his deepest condolences over the tragic demise of former prime minister Shinzo Abe, lauding his contributions in cementing the bilateral strategic partnership and in conceptualizing the vision of a free, open and inclusive Indo-Pacific region. Modi, who is here to attend the state funeral of Abe, met Kishida ahead of the ceremony and the two leaders renewed their commitment towards further strengthening the India-Japan Special Strategic and Global Partnership, and in working together in the region and in various…