(PTI) Reliance Industries Ltd expects prices of natural gas in India torise again in October as its gas exploration business reaps the rewards of a global surge in energy prices that have already pushed the rates to a record high. The conglomerate, controlled by billionaire Mukesh Ambani, expects the price cap for its KG-D6 gas sales to rise over the current USD 9.92 per million British thermal units, Sanjay Roy, senior vice-president for exploration and production, said in an investor call following the announcement of its quarterly earnings. The government sets gas prices every six months based on international rates.The price…
Author: Aruna Sharma
(PTI) The government is likely to invite financial bids for Shipping Corporation of India by September, after the process of demerger of non-core assets is completed, an official said. As part of the strategic-sale process, the government is hiving off Shipping House and the training institute and some other non-core assets of Shipping Corporation of India (SCI). “The process of demerger is time consuming. We would be ready to invite financial bids in 3-4 months,” the official said. The board of Shipping Corp met last week and approved an updated demerger scheme for hiving off the non-core assets of SCI to Shipping…
(PTI) Shashi Shanker, former chairman and managing director of Oil and Natural Gas Corporation, has been appointed as an independent director on the board of Adani Total Gas Ltd (ATGL), the company said in a regulatory filing. Shanker, who superannuated as the head of India’s largest oil and gas producer on March 31, 2021, was appointed to the board of ATGL on May 4. “This is to inform that, on the recommendation of Nomination & Remuneration Committee, the Board of Directors of the company have appointed Shashi Shanker, as an Additional Director (Non-Executive, Independent) of the company,” the filing said. He…
(FE) Prime Minister Narendra Modi chaired a meeting of concerned officials for reviewing various aspects of wheat supply, stock and exports. Prime Minister Modi asked concern officials to ensure quality norms for exports of foodgrains and other agricultural products from the country. “In the light of increasing demand for agricultural products of India, the Prime Minister directed that all steps be taken to ensure quality norms and standards so that India evolves into an assured source of food grain and other agricultural products,” an official statement said. Prime minister was briefed regarding the impact of high temperatures in March-April, 2022 which had adversely…
Union Minister for Road Transport and Highways Shri Nitin Gadkari chaired the meeting to review the proposal of NHLML (National Highways Logistics Management Limited) to revamp logistics and allied activities in Delhi region along with Lt.Governor, Delhi Shri Anil Baijal , MoS Gen.V.K.Singh , Shri Gautam Gambhir , Shri Manoj Kumar Tiwari , Shri Ramesh Bidhuri , Shri Parvesh Sahib Singh Verma and Shri Hans Raj Hans . NHLML, a SPV of NHAI, presented a plan to develop a future ready Delhi by building efficient logistics systems, creating integrated freight villages at strategic locations with hub and spoke model in…
(PTI) Union Home Minister Amit Shah on Thursday arrived in West Bengal on a two-day visit, his first since the 2021 assembly polls, with his itinerary including organisational meetings and a public rally, besides travel to forward areas along the India-Bangladesh border. Shah, who arrived at the Kolkata airport, was received by senior BJP leader Suvendu Adhikari and Union Minister of State for Home Affairs Nisith Pramanik. The home minister will on Thursday inaugurate BSF’s floating border outposts at Hingalganj and lay the foundation stone of the Maitri’ museum at Haridaspur, official sources said. He will address a public meeting in Siliguri…
(PTI) The adverse effects of the unprecedented high global food prices due to the ongoing geopolitical situation is reflecting in the domestic market as well, and going forward inflationary pressures are likely to continue, RBI Governor Shaktikanta Das. In an off-cycle Monetary Policy Committee (MPC) meeting during May 2-4, the Reserve Bank on Wednesday announced a hike in the key repo rate — at which it lends short term money to banks — by 0.40 per cent to 4.40 per cent with immediate effect. However, the central bank has not tinkered with its inflation projection announced in April this year.…
(DJ) केंद्रीय उद्योग और वाणिज्य मंत्री पीयूष गोयल ने कहा कि सांसद रमेश पोखरियाल निशंक के प्रस्ताव पर हरिद्वार जिले में जल्द टूरिस्ट विलेज बनाया जाएगा। इससे स्थानीय हैंडलूम-हैंडीक्राफ्ट को प्रोत्साहन के साथ ही पर्यटकों को एक ही जगह ऐसे उत्पाद उपलब्ध हो सकेंगे। इसके लिए राज्य सरकार से जल्द प्रस्ताव प्राप्तकर अग्रिम कार्रवाई की जाएगी। मध्य हरिद्वार के एक होटल में बुधवार शाम पत्रकारों से बातचीत में केंद्रीय मंत्री गोयल ने कहा कि हरिद्वार जल्द आकांक्षी जिले से बाहर निकलकर विकसित जिले की ओर अग्रसर होगा। पिछले चार साल में हरिद्वार जिले में परिवर्तन की बयार बही है। शिक्षा,…
(FE) India recorded 3,275 new Covid-19 cases and 55 more deaths in 24 hours, according to the official data shared by the Ministry of Health on Thursday morning. The data suggested that the active caseload rose to 19,719. The daily positivity rate was recorded at 0.77 per cent while the weekly figure was recorded at 0.78 per cent. Serum Institute of India’s CEO Adar Poonawalla at night clarified via his Twitter handle that the Covid-19 vaccine Covovax is now available for everyone above the age of 12 years. In view of the spike reported in Covid-19 cases in the national capital,…
(BS) The Yogi Adityanath government has decided to activate the Integrated Covid Command Centre (ICCC) in Meerut after ten persons of a family tested positive for Covid in the district . Health officials said that the surveillance teams have also been asked to gear-up and an intensive checking campaign will be conducted across the district. Meanwhile the passengers coming from other states will also be screened at railway stations and bus stands. The chief medical officer, Dr Akhilesh Mohan, has directed the district hospital and medical college to ensure availability of adequate oxygen beds. The action comes after ten members of a family…