Author: Aruna Sharma

(PTI) Union Home Minister Amit Shah has directed the Central Armed Police Forces (CAPFs) like CRPF, BSF and others to undertake a mega manpower planning and ensure that around 7 lakh jawans get to spend at least 100 days with their families in a year, officials said. They said Shah was given a presentation last month about the functioning of the CAPFs in the ministry, following which he directed that the deployment details of the troops of these forces should be “digitised” so that better manpower rationalisation can be done. The Union Home Ministry has now asked all the chiefs…

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(TH) With the focus of the government shifting to creating a gas-based economy, getting more players into the gas infrastructure business and ending any “monopoly” have emerged as a key prerequisite. In this backdrop, the government has nudged the state-owned GAIL (India) to consider creating an independent company for its infrastructure business. “There is no monopoly…There are other players also in the pipeline infrastructure business today. Still, we need to be more transparent. We have advised GAIL to spin off its infrastructure business into a separate company. The Board of the company will take a call,” Dharmendra Pradhan, Minister for…

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(PTI) Billionaire Gautam Adani-run Adani Group has forged a partnership with UAE’s oil firm Adnoc, German chemical giant BASF and Austria’s Borealis to study the feasibility of setting up a USD 4 billion chemical complex at Mundra in Gujarat by 2024. The four firms have signed a memorandum of understanding (MoU) to “engage in a joint feasibility study to further evaluate a collaboration for establishment of a chemical complex in Mundra, Gujarat,” the companies said in a statement. In January this year, Adani Group had announced plans to set up a Rs 16,000 crore chemical factory at Mundra in partnership with…

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Shri Rakesh Misri took over as Director-Marketing of HPCL on October 17, 2019.  Prior to his appointment as Director-Marketing, Shri Misri was Executive Director-Marketing Coordination in HPCL. A Gold Medalist in Civil Engineering from REC Srinagar (now NIT Srinagar), Shri Misri has a rich and varied professional exposure of over 36 years in HPCL. He has held various senior level positions in the organization heading the North Zone Retail, Executive Director-Direct Sales, Executive Director-Human Resources, Executive Director-Corporate Strategy & Business Development, and Executive Director-LPG. He has various academic distinctions to his credit and is a key technical speaker in In-house…

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(ET) Finance Minister Nirmala Sitharaman on Monday said that the government is committed to provide energy security to India. “….Here is the government which is committed for energy security for India. Energy security, which is not blindly using non-environment friendly sources,” Sitharaman said addressing India Energy Forum CERAWeek Summit here. The third India Energy Forum by CERAWeek has been organised in association with the Ministry of Petroleum and Natural Gas from October 13 to 15.The Summit, gives a platform to examine the fundamental challenges and opportunities to provide sustainable, secure and affordable energy choices to the people of India. Stating that India’s energy sector and energy commitment…

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(AIR) Union Skill Development and Entrepreneurship Minister Mahendra Nath Pandey on Tuesday unveiled plans to set up 14 Authorized World Skills India Training Centres across 9 cities for media and entertainment sector. The Cities are Chandigarh, Chennai, Delhi, Hyderabad, Indore, Mumbai, Pune, Shillong and Trivandrum. The new institutes will be set up for advanced skill training of candidates in media and entertainment sector and to further develop skilling eco-system for training candidates for the international market.

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(Steel Guru) The Rourkela Steel Plant has registered a new record in steel ladle life in steel melting shop-II department. The ladle life is not only highest in public sector steel behemoth SAIL, of which RSP is a unit, but also the best ever life achieved in India with Magnesia Carbon Bricks. The plant scripted this record by clocking the highest ever steel ladle life of 192 heats in a single campaign surpassing the earlier best steel ladle life of 191 heats achieved in May 2019. The ladle was taken down for relining on October 11. The significant achievement was…

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(FE) The International Monetary Fund (IMF) on Tuesday sharply revised downward India’s GDP growth projections by 90 bps to 6.1% for FY20 and by 20 bps to 7% for FY21. On Sunday, the World Bank had slashed India FY20 growth estimate to 6% from its original call of 7.5%. “In India, growth softened in 2019 (FY20) as corporate and environmental regulatory uncertainty, together with concerns about the health of the non-bank financial sector, weighed on demand,” the fund bank said ahead of the IMF and World Bank annual meetings this week in Washington. “Growth will be supported by the lagged effects of…

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(FE) Stating that the ‘coal versus renewable energy’ debate is “based on the wrong premises”, power minister RK Singh said the perspective of this issue “needs to be reformulated”. He further said keeping in mind the issue of climate change, the country has already “more than tripled the renewable energy capacity in the last four years”. “If we cut down emissions from coal, the effect would be the same,” Singh said, speaking at an inter-ministerial panel at the India Energy Forum by CERAWeek held here. The country is working to attain the intended nationally determined contribution (INDC) target of reducing the…

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(TH) India is comfortable with the current crude oil price range, Minister for Petroleum and Natural Gas Dharmendra Pradhan said. Speaking to reporters at the third India Energy Forum by CERAWeek, Pradhan said, “Let’s accept the changing geo polity. These are the new normal. Price is now around $60 a barrel. It is going to range between $58 and $61 a barrel. This is a reality today and an assurance from a consuming country. A lot of crude oil is coming from North America to the global market,” Pradhan said.“In today’s reality, there is a price band and it suits India,”…

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