Author: Aruna Sharma

(ET) The RBI on Monday said it has imposed penalties on eight cooperative banks, including a fine of Rs 40 lakh on the Mehsana Urban Co-operative Bank, Gujarat, for non-compliance with various norms. Penalty has been imposed on Mehsana Urban Co-operative Bank for non-compliance with certain provisions of the Reserve Bank of India (Co-operative Banks – Interest Rate on Deposits) Directions, 2016. In another statement, it said a penalty of Rs 7 lakh has been imposed on Indapur Urban Cooperative Bank, Indapur (Maharashtra) for contravention of certain provisions related to exposure norms. Three banks — Warud Urban Co-operative Bank, Warud (Maharashtra),…

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Hon’ble Minister of Petroleum and Natural Gas and Housing and Urban Affairs Shri Hardeep Singh Puri inaugurated the fourth ONGC Para Games in Thyagaraj Sports Complex in Delhi on 2 August 2022. 275 Persons with Disabilities (PwD) – employees of eight central oil and gas public enterprises – are participating in the 4th ONGC Para Games, being organized by Oil and Natural Gas Corporation Limited (ONGC) during 2-4 August 2022. 192 of these are from ONGC. Congratulating ONGC during the inauguration of this 4th ONGC Para Games, the Petroleum Minister said, “The ONGC Para Games is a wonderful platform to…

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(PTI) State-owned CIL’s 10 coal mining projects have got green nod so far for their expansion which would lead to additional capacity of 9.65 million tonne, Parliament was informed on Monday. The government had earlier eased the norms for coal mine expansion in the wake of supply crunch in summer months. Replying to a query in Rajya Sahba, Coal Minister Pralhad Joshi said of the 10 projects of  Coal India Ltd (CIL), three are in Odisha, two each are in Maharashtra and Madhya Pradesh, Uttar Pradesh and one in Chhattisgarh. While in five coal mining expansion projects, environment clearances (EC) was given in…

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(Hindustan) विदेशियों को यूपी का फैब्रिक, शहद, सिल्क, जड़ी बूटी, जूस जैसे उत्पाद खूब भा रहे हैं। पहले इनका राज्य से निर्यात होने वाले इन उत्पादों में भारी उछाल आया है। निर्यात के कई नए क्षेत्र में भी माल विदेशों में भेजने की शुरूआत भी हो गई है। उत्तर प्रदेश में निर्यात के लिए किए गए मुकम्मल इंतजाम की वजह से जहां कोरोना काल में माल भेजने में ज्यादा दिक्कते नहीं आईं। अलबत्ता मांग कम होने से यहां के निर्यातक प्रभावित हुए। पर यह दौर गुजरते निर्यात में खासी बढ़ोतरी देखने को मिल रही है। वर्ष 2020 में हुए निर्यात…

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(ET) The price of gas that is supplied to CNG vehicles and households has jumped 18% to $10.5 per mmBtu in monthly revision from Monday. This is three-and-half times that of the rate city gas companies paid for domestic supplies at March-end and nearly six times that of last August. GAIL  supplies the gas, a blend of domestic and imported LNG, at a uniform rate to city gas companies, which are expected to pass on the increase to to consumers of CNG and piped kitchen fuel. Green Gas Ltd raised CNG rates Monday by ₹5.3 per kg in Lucknow to ₹96.10…

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(ET) The cost of commercial liquid petroleum gas cylinders weighing 19 kilograms will be cheaper from Monday as their prices have been slashed by Rs 36 per unit. In the national capital Delhi, per unit of the commercial cylinder will now cost Rs 1,976.5. On July 6 too, rates for the 19-kilogram commercial cylinder were cut by Rs 8.5 per unit. In metros such as Delhi, Kolkata, Mumbai, and Chennai, a cylinder then cost Rs 2,012.50, Rs 2,132.00 Rs 1,972.50, and Rs 2,177.50, respectively, data showed.

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(ET) India’s largest gas distributor GAIL (India) Ltd has started gas rationing, cutting supplies to fertiliser and industrial clients after imports were hit under its deal with a former unit of Russian energy giant Gazprom, two sources familiar with the matter said. Lower gas supplies will affect impact India’s urea production, and a sustained cut would lift imports of the soil nutrient, a fertiliser industry source aware of the cuts said. Neither GAIL nor India’s fertiliser ministry responded to Reuters’ requests for comments. Gazprom Marketing and Trading Singapore (GMTS), now a subsidiary of Gazprom Germania, has failed to deliver some liquefied natural gas (LNG)…

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(PTI) Rajya Sabha proceedings were adjourned till 2 pm on Monday amid massive sloganeering and protest by Congress and other opposition parties over various issues, including price rise. When the House reassembled at 12 noon for Question Hour after adjournment during the morning session, opposition parties again started protesting. Some MPs from the opposition benches also came into the Well of the House and shouted slogans. However, Bhubaneswar Kalita, who was in the chair, went ahead with the Question Hour. Several questions were taken up amid the protest It was at around 12.40 that the proceedings were again adjourned till 2…

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The Ministry of Culture is organizing “Tiranga Utsav” -an evening filled with cultural and musical performances to celebrate the  contributions of  Pingali Venkayya to the nation on the occasion of  his 146th Birth Anniversary in New Delhi tomorrow. The event will be graced by the presence of the  Minister of Home Affairs & Co-operation, Shri Amit Shah as the chief guest. Other prominent personalities and dignitaries such as Minister of Culture, Tourism and Development of North Eastern region, Shri G. Kishan Reddy; Minister for Communication, Electronics & Information Technology & Railways, Shri Ashwini Vaishnaw; Minister of State for Parliamentary Affairs…

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The Vice President, Shri M. Venkaiah Naidu today reviewed the status of various railway projects under implementation in the state of Andhra Pradesh. During a meeting with the Union Minister, Shri Ashwini Vaishnav today, he was briefed about the progress of projects allocated to the state after the Andhra Pradesh Reorganisation Act, 2014. Stressing that development of rail infrastructure is crucial for the development of the residual state of Andhra Pradesh, he suggested that the new railway projects as well as the ongoing projects be expedited. In particular, he enquired about the proposed South Coastal Railway Zone headquartered in Visakhapatnam,…

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