(LiveMint) Divestment-bound Bharat Petroleum Corp. Ltd (BPCL) has created a separate platform for its liquified petroleum gas (LPG) business that runs the Union government’s subsidized domestic cooking gas cylinder scheme, two people aware of the development said, in an attempt to enable its buyer to “ring fence” and operate the marquee scheme. According to the plan, the acquirer of the government’s entire 52.98% shareholding in BPCL will run the direct benefit transfer (DBT) scheme, also known as Pratyaksha Hastaantarit Laabh (PAHAL), to deliver cooking gas subsidies to beneficiaries’ bank accounts. A separate platform and mechanism has been developed by BPCL…
Author: Aruna Sharma
(AU) उत्तराखंड सरकार ने कोरोना कर्फ्यू 14 सितंबर तक बढ़ा दिया है। सोमवार को इस बाबत नई एसओपी जारी कर दी गई है। जिसमें कोई बदलाव नहीं किया है। सभी नियम और शर्तें पहले जैसी ही रखी गईं हैं। मुख्य सचिव एवं राज्य आपदा प्रबंधन प्राधिकरण के मुख्य कार्यकारी अधिकारी डॉ. सुखबीर सिंह संधू ने कोविड कर्फ्यू के संबंध में सोमवार को आदेश जारी कर दिया है।उत्तराखंड सरकार ने कोरोना कर्फ्यू 14 सितंबर तक बढ़ा दिया है। सोमवार को इस बाबत नई एसओपी जारी कर दी गई है। जिसमें कोई बदलाव नहीं किया है। सभी नियम और शर्तें पहले जैसी…
(LiveMint) NTPC Ltd, India’s largest power generator, plans to partner with National Investment and Infrastructure Fund (NIIF), the country’s quasi-sovereign wealth fund, and Oil and Natural Gas Corporation (ONGC) to acquire and develop green energy assets, including offshore wind projects. The plans were contained in a letter to shareholders by NTPC chairman and managing director Gurdeep Singh in the company’s annual report for FY21. “Further, efforts are on for partnering with NIIF and ONGC for exploring opportunities in acquisitions and development of renewable assets, including offshore wind,” Singh said in his letter. NTPC’s strategy gains significance as the ministry of new…
(ET) Uttar Pradesh ranks second across the country in ease of doing business, said Chief Minister Yogi Adityanath. “Within 3-4 years, from the fourth rank, Uttar Pradesh rose up to second in position in ease of doing business in the country,” said the Chief Minister while addressing the Prabudh Sammelan at Banaras Hindu University’s Chanakya hall today. He also expressed confidence in increasing the state’s per capita income to more than the country’s average within next five years. “I believe that within the next five years, per capita income of Uttar Pradesh will be more than per capita income of the country. Nobody…
(ET) Three years after its much-acclaimed maiden entry into Israeli water that was symbolic of New Delhi’s growing closeness with Tel Aviv, an ONGC Videsh Ltd (OVL)-led Indian consortium has relinquished the offshore oil block due to “very poor” hydrocarbon prospectivity. The consortium of OVL, Indian Oil Corp (IOC) Oil India Ltd and Bharat Petro Resources Ltd (BRPL) has relinquished offshore Block-32, two officials with the partners said. When the Indian consortium in late 2017 won the Israeli energy ministry’s nod to bid for the block, it was hailed as New Delhi’s growing closeness with Tel Aviv amid a widening chasm…
(LiveMint) After a 12-year-old boy in Kerala succumbed to the Nipah virus, the authorities in Tamil Nadu have stepped up vigil in all border districts. The health authorities said that they are monitoring people who arrive from Kerala. Coimbatore district collector Dr GS Sameeran visited the Walayar check post on Monday to check the monitoring arrangements. “The health department has issued some instructions including how to identify Nipah, Zika, or Dengue virus. Patients with high body temperature will have to undergo certain procedures and health check-ups,” said Sameeran, adding that they are taking all necessary precautions on the border. People coming from Kerala…
(ET) Nearly a third of the country’s installed coal-fired plants are reeling under fuel shortage, sparking a blame game between power producers and state-run miner Coal India Ltd. An unprecedented 75,097-MW power plants are operating with coal stock of less than seven days, shows data available with the Central Electricity Authority (CEA). The country has installed coal-based generation of 209 GW, of which 167 GW is monitored by the CEA.
(ET) Oil marketing companies cut the prices of petrol and diesel on Tuesday, after holding them steady. While petrol prices cropped by 14-15 paise per litre, diesel became cheaper by 15-16 paise for a litre. This was the second reduction in fuel prices this week. On August 22, petrol price dropped 15 to 20 paise per litre across the country after 35 days.As per the latest revisions, a litre of petrol costs Rs 101.49 in the National Capital, while a litre of diesel will cost consumers Rs 88.92.
(FE) The MPC had, on August 6, voted to keep the repo rate at 4% and retain its accommodative stance. RBI deputy governor Michael Patra said in his assessment, headline inflation in India may persist at current elevated levels at least through the second quarter of 2021-22 before easing in the third quarter when the kharif harvest arrives in markets. Jayanth R Varma, MPC member, said there is a need to begin raising the reverse repo rate from 3.35% in order to keep the repo rate at 4% for longer even as he questioned the ability of monetary policy to fight…
(PTI) The government on Friday said 17 islanding schemes for power supply are being planned in addition to 26 such existing and under-implementation projects. The islanding scheme is a defense mechanism for the power system, in which a part of the system is separated from a disturbed grid so that this sub-part could survive in isolation from the rest of the grid and continuity of supply to the essential load in this area is maintained. “As informed by the Central Electricity Authority (CEA), 17 new islanding schemes have been planned for the major cities besides already 26 existing/ under-implementation schemes,”…