(LiveMint) World’s largest oil company Aramco is yet to make up its mind to participate in disinvestment of Indian fuel refiner and retailer Bharat Petroleum Corporation Ltd (BPCL) where government intends to sell its entire 53.29 per cent stake to a strategic investor. Sources privy to the development said that Aramco, which kicked off the final phase of its $25 billion IPO on Sunday, is focused on Indian investment primarily to conclude the purchase of 20 per cent stake in Reliance Industries’ oil to chemical division and expansion of its upstream business in high growth markets including India. Entering India with a…
Author: Aruna Sharma
(FE) In a relief to the state-run NMDC, the Chhattisgarh government has assured the iron ore miner of renewal of its four leases post their expiry in March next year. NMDC operates five iron ore mines in the state that have a total of 29 million tonne (MT) installed capacity. NMDC has already received an extension for the fifth one. In the Bailadila sector of Chhattisgarh, NMDC runs two complexes — Bacheli and Kirandul. These two complexes had contributed 24 MT to NMDC’s overall 29 MT production in the last fiscal. The other complex, Donimalai, located in Karnataka has 14…
(BS) Union Minister Dharmendra Pradhan attended ‘Days of Moscow’ event in Delhi on November 20. While addressing the event, he said, “Russia is an important partner in our economic progress. Our bilateral relationship has matured into special and privileged strategic partnership. Lot has changed on global scene but our friendship remains steadfast.” Delhi Chief Minister Arvind Kejriwal and Deputy CM Manish Sisodia were also present in the event.
(LiveMint) As winds begin to slow down and the National Capital Region (NCR) braces for another round of “severe” air quality days, the government on Monday rushed to put in place a 15-day action plan to fight the toxic smog. The Parliament is set to debate the menace of air pollution on the second day of the winter session on Tuesday.“Unfortunately, we have had a spate of bad meteorology in Delhi. But we are trying to prevent the situation from worsening. We are ready to experiment or pilot any new technology that can help us fight this problem,” said C.K. Mishra, secretary at…
(PTI) State-owned Indian Oil Corp and GAIL India will pay Adani Group 5 per cent more in hiring charges for using the private firm’s upcoming LNG import facility at Dhamra in Odisha than their own similar terminal, Oil Minister Dharmendra Pradhan said on Monday. India’s largest oil firm IOC, which recently commissioned a 5 million tonne liquefied natural gas (LNG) import terminal at Ennore in Tamil Nadu, as well as gas utility GAIL have “both technical and financial capability capability to develop their own LNG terminal,” he told the Lok Sabha. The two firms have, however, hired capacity in Adani’s under-construction…
NITI Aayog today released the report on ‘Health Systems for a New India: Building Blocks—Potential Pathways to Reforms’. The report was released by NITI Aayog Vice Chairman Dr Rajiv Kumar in the presence of Bill Gates. Officials from NITI Aayog, policymakers, and representatives from national and international academia and Bill and Melinda Gates Foundation were also present for the event. Over the last few years, India has embarked on a journey towards providing improved access to high-quality, affordable healthcare for the most unreached and vulnerable population of the country. Many indicators, however, continue to show significant scope for improvement. By…
There are 15697 Industrial Training Institutes (ITIs) functioning in the country, affiliated with National Council of Vocational Training. The State/UT wise details are as under. Number of ITIs State/UT wise as on October 31st 2019 Sl. No. Name of State/UT Number of ITIs 1 ANDAMAN AND NICOBAR ISLANDS 4 2 ANDHRA PRADESH 513 3 ARUNACHAL PRADESH 6 4 ASSAM 37 5 BIHAR 1264 6 CHANDIGARH 2 7 CHHATTISGARH 235 8 DADRA AND NAGAR HAVELI 1 9 DAMAN AND DIU 2 10 DELHI 60 11 GOA 15 12 GUJARAT 530 13 HARYANA 405 14 HIMACHAL PRADESH 292 15 JAMMU AND KASHMIR 41 16…
Vocational Training is a concurrent subject. The development of training schemes at National level, the evolution of policy, laying of training standard, norms, conducting of examinations, certification, etc. are the responsibilities of the Central government, whereas, day to day administration including an admission in ITIs rests with the respective State Governments/UTs. Presently, training courses under the Craftsmen Training Scheme are being offered through a network of ITIs located all over the country with total trainees enrolled 22.82 lakhs (in the trades of 1 year and 2 year durations) on NCVTMIS portal with an objective to provide skilled workforce to the…
The National Policy on Skill Development and Skill India Mission was announced in 2015, with the aim to tackle the skill challenges of India by addressing, inadequate overall capacity for skilling and acute shortages in critical areas on an average poor quality and employability of the skilling eco-system, low aspirational value associated with skill acquisition; and lack of vertical progression pathways for vocational education. The Indian Institute of Skills (IISs) was conceptualized to address above mentioned issues and to develop state of art skill institutions. The vision behind setting up IIS is to build world-class skill training centres by learning…
(ET) Essar Steel and Gujarat State Petroleum Corporation (GSPC) won two-thirds of the natural gas Reliance Industries offered in an auction, where winning bids were $5.3-5.4 a unit, people familiar with the matter said. Reliance-BP offered 5 million metric standard cubic metres a day (mmscmd) it plans to produce from April next year at its R-cluster field in KG-D6 block. About half a dozen companies participated in the e-auction on Friday. Reliance did not respond to to ET’s emailed query. Essar Steel is learnt to have won 2.25 mmscmd, while GSPC got 1.2 mmscmd. State-run Hindustan Petroleum is believed to have…