(ET) Kabul, The Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project has faced another delay in Afghanistan over a postponement in land acquisition, among other issues, according to local authorities. The Ministry of Mines and Petroleum said on Monday that some required letters have not been signed, TOLO News said in a report. And according to the Natural Resources Monitoring Network, construction on the project will be delayed for another six months.”There is a need for the approval of the law (on land acquisition) but there are delays because the MPs are busy in (discussing) former decrees by the President. I think it will take six months…
Author: Aruna Sharma
(PTI) Commerce and Industry Minister Piyush Goyal on Monday asked the traders to promote swadeshi by selling and consuming local products, saying it will help in boosting economic growth to double digits.He exhorted domestic traders to pay heed to the call given by Prime Minister Narendra Modi to promote swadeshi products. “If traders start using swadeshi (indigenous) goods, sell swadeshi products and promote those items, the economic growth will boom…no one can stop us from growing at 7, 8, and 9 per cent and double digits,” Goyal said here while addressing members of the Confederation of All India Traders (CAIT). Modi in one…
(AU) कांग्रेस नेता राहुल गांधी मंगलवार को जयपुर में ‘युवा आक्रोश रैली’ को संबोधित करेंगे। रैली यहां के रामनिवास बाग में होनी है और ऐसा माना जा रहा है कि कांग्रेस नेता इसमें देश के आर्थिक संकट और बेरोजगारी के मुद्दे को लेकर केंद्र की नरेंद्र मोदी सरकार पर निशाना साधेंगे। अखिल भारतीय कांग्रेस कमेटी के महासचिव एवं राजस्थान के पार्टी मामलों के प्रभारी अनिवाश पांडे तथा पार्टी के प्रदेशाध्यक्ष सचिन पायलट ने सोमवार को रैली स्थल पर तैयारियों का जायजा लिया। पायलट ने कहा कि रैली बेरोजगारी, आर्थिक संकट, जीडीपी और बढ़ती महंगाई जैसे मुद्दों पर केंद्रित होगी। उन्होंने कहा…
(FE) After a failed attempt in 2018, the government on Monday invited bids for privatising state-owned carrier Air India, a second effort in less than two years for stake sale in the debt-laden airline. Learning its lesson from the 2018 failure, the preliminary information memorandum states that 100% stake will be offloaded unlike 76% offered in the previous attempt. However, the new owners would be required to continue to use the “Air India” brand name and this cannot be changed. The government has also retained a provision that substantial ownership and effective control of the airline must remain with an…
(ET) Power minister R K Singh on Monday said the Centre’s Ujwal Discom Assurance Yojna ( Uday) was not a failure and reduced the average commercial losses to 18.79 per cent in financial year 2019. This is against 22 per cent a year ago, he said at an event.”Uday was not a failure,” he said adding the government targets to reduce the commercial losses to 15 per cent and will soon bring out a new scheme for the purpose. Singh said his ministry has discussed contours of the new scheme with the finance ministry ahead of the Union Budget to be announced on February 1.The…
(ET) NTPC Ltd, Power Grid Corporation of India (PGCIL) and Power Finance Corporation (PFC) have conveyed their concerns on the government’s proposal to reduce stake to below 51per cent.The companies have told the ministry of power that reducing government shareholding below 51per cent may not go down well with existing investors, particularly foreign lenders, according to people in the know. Currently, the government holds 54per cent in NTPC, 54.96per cent in PGCIL and 56per cent in PFC. In case of NTPC and Power Grid Corp, government shareholding will fall to 51per cent as the Centre plans one round of divestment within this financial year through the exchange-traded funds (ETF) route,…
HPCL participated in 24th Refining and Petrochemical Technology meet held on 19th January 2020 to 21st January 2020 at Bengaluru. The meet was inaugurated by Secretary Ministry of Petroleum and Natural Gas, Dr. M M Kutty at Bangalore International Exhibition center. Sh. M K Surana, Chairman and Managing Director of HPCL along with other heads of OMCs were also present during the occasion. The meet with the theme ‘Driving Refining and Petrochemical Towards Sustenance’ was organized by CHT in association with MRPL under the aegis of MoPNG. It is a yearly event where brilliant minds from the field of Refining and…
(ET) If your cow falls sick in Uttar Pradesh, you could soon be able to dial a helpline number and professional veterinary help could reach your door-step through a corporate which would be doing so as part of its Corporate Social Responsibility (CSR). The Yogi Adityanath government is seeking the help of a firm or company with experience of running livestock services to come on board for this project which will be run under the CSR obligations for corporates. A seniorUP government official told ET that the idea is to enable door-step delivery of Vet services in all 75 districts…
(PTI) State-run transmission utility Power Grid Corporation on January 24 said it has filed an application before Supreme Court against Department of Telecom’s demand of around Rs 22,000 crore in past dues, saying its revenue from telecom business was only 2 per cent of its turnover. Following the October 24 Supreme Court ruling that non-telecom revenues of telecom firms such as Bharti Airtel and Vodafone Idea should be included for considering payments of government dues, the telecom department (DoT) sought additional license fee from non-telecom firms also. The DoT had sought additional license fee of Rs 1.72 lakh crore from gas utility…
(The Free Press Journal) Steel Authority of India Limited (SAIL), under the inspirational guidance of Dharmendra Pradhan, Minister of Petroleum & Natural Gas and Steel,dedicated its foundation day to the cause of raising awareness for saving the girl child by dedicating the SAIL Day Run to the theme ‘Run for Girl Child’ this year. To mark the occasion, SAIL also embarked on a massive week-long tree plantation drive during January 24 -30, 2020 with the aim to plant more than 75,000 trees across all its Plants and Units in the Country. SAIL Chairman Anil Kumar Chaudhary flagged off the SAIL…