(FE) The government may not pay around Rs 32,000 crore of kerosene and LPG subsidy dues for FY19 before March end, in a bid to meet the revised fiscal targets. The total bill for LPG subsidy under direct benefit transfer and kerosene for the current financial year has come to Rs 36,500 crore. Of this, Rs 4,000 crore is on account of kerosene and the rest Rs 32,500 crore is due to LPG. After adding the carried forward amount from last year, the total subsidy demand for the current year comes to around Rs 48,500 crore. However, the petroleum ministry has received…
Author: Aruna Sharma
(ET) Indian Oil, Hindustan Petroleum, Bharat Petroleum, and GAIL have exceeded their capital expenditure targets for the current fiscal, having spent heavily on refinery upgrades, pipelines, and marketing infrastructure. The combined capex target set for all staterun oil producers, refiners and marketers for 2018-19 is Rs 89,335 crore, of which they have collectively spent Rs 82,711 crore, or about 93%, in the 11 months through February. Explorer Oil and Natural Gas Corp, which typically has much higher spending budget every year than the refiners, has spent about 80% of its annual target of Rs 32,000 crore. Its overseas arm, ONGC Videsh,…
(ET) Thermal power plants have started delaying coal unloading as their fuel stocks have risen, industry executives said. Coal India executives say a few plants are trying to cut supplies without formally asking for a cut, so that they would not have a problem when they need more fuel to meet higher summer demand. Power sector executives, however, say unloading takes longer than normal when coal is already heaped in the storage space. Industry executives said this is happening in Punjab, Haryana, Uttar Pradesh, Gujarat and Maharashtra. Some plants are running out of storage space while others are financially stressed and…
(DJ) रिलायंस इंडस्ट्री लिमिटेड ने मंगलवार को जानकारी दी है कि उसकी इकाई रिलायंस रिटेल लिमिटेड (आरआरई) ने कंज्यूमर गुड्स कंपनी आईटीसी लिमिटेड के मैन्सवियर ब्रैंड जॉन प्लेयर्स को खरीद लिया है। यह खबर समाचार एजेंसी रॉयटर्स के हवाले से सामने आई है। इस अधिग्रहण से आरआरएल के रेडिमेड गारमेंट और एसेसरीज पोर्टफोलियो को फैशन और लाइफस्टाइल रिटेल स्पेस में मजबूती मिलेगी। यह जानकारी रिलायंस ने रॉयटर्स को एक ईमेल के जरिए दी है। आईटीसी के प्रवक्ता ने बताया कि आईटीसी ने अपनी रीस्ट्रक्चरिंग योजना के अंतर्गत जॉन रिटेल और संबंधित ट्रेडमार्क एवं बौद्धिक संपदा को रिलायंस रिटेल को बेच…
(PTI) Actor-turned-politician Jaya Prada joined the BJP on Tuesday and may be fielded by the party from the Rampur parliamentary constituency in Uttar Pradesh. Jaya Prada, a close associate of former Samajwadi Party leader and Rajya Sabha MP Amar Singh, had been elected from Rampur on SP ticket twice. If fielded by the Bharatiya Janata Party (BJP) from Rampur, she will take on senior SP leader Azam Khan.
(DJ) चुनावी मौसम में बसपा प्रमुख मायावती लगातार ट्विटर के जरिये भाजपा पर हमलावर हैं। मंगलवार को उन्होंने नोटबंदी को लेकर केंद्र सरकार को घेरा। उन्होंने ट्वीट कर कहा कि ‘अपरिपक्व तरीके से थोपी गई नोटबंदी की आर्थिक इमरजेंसी का कुप्रभाव भले ही धन्नासेठों पर न पड़ा हो लेकिन, ग्रामीण भारत पर इसका बहुत ही बुरा प्रभाव जारी है। कामगार बेरोजगार होकर गांव वापस लौटने व मजदूरी करके गुजर-बसर करने पर मजबूर हैं, आंकड़े गवाह हैं। क्या बीजेपी माफी मांगेगी?’ इससे पहले मायावती ने कांग्रेस के 20 फीसद गरीब परिवारों को साल में 72 हजार रुपये देने की घोषणा पर कांग्रेस…
(PTI) Union Minister Nitin Gadkari has declared movable and immovable assets worth Rs 25.12 crore in an affidavit filed along with his nomination papers for the Nagpur parliamentary constituency. Gadkari filed his papers for the Nagpur Lok Sabha seat on Monday. Polling in the constituency will be held on April 11. As per his tax return forms, his total income stood at Rs 2,66,390 in 2013-14 and Rs 6,40,700 in 2017-18. According to his affidavit, he has movable assets worth Rs 69,38,691, while his wife has movable assets worth Rs 91,99,160. A sum of Rs 66,07,924 is in the name of the Hindu…
(ET) As much as Rs 3 lakh crore of investment in a dozen power plants of the private sector is at risk of turning into NPA as states buying power have not been making payment for months, official data and sources said. According to data available on the PRAAPTI portal of the Ministry of Power, 12 power generating companies belonging to firms such as GMR and Adani Group and public sector generators like NTPC have about Rs 41,730 crore outstanding from state distribution companies (discoms) as as of December 2018. Dues as on date run into an estimated Rs 60,000 crore,…
(AU) राजधानी में कांग्रेस व आपके बीच लोकसभा चुनावों के मद्देनजर गठबंधन की लगभग खत्म हो चुकी उम्मीद के बीच एक बार फिर से बातचीत की हवा तेज हो गई है। यही कारण है कि कांग्रेसी नेता आप के खिलाफ या गठबंधन को लेकर कोई भी टिप्पणी करने से बच रहे हैं, वहीं दूसरी तरफ आम आदमी पार्टी के नेता अपने प्रचार में लग गए हैं। पूर्व केंद्रीय मंत्री एवं कांग्रेस नेता कपिल सिब्बल द्वारा अचानक चांदनी चौक लोकसभा क्षेत्र से अपनी दावेदारी ठोकने के बाद गठबंधन के कायसों को बल मिला है। दोनों ही पार्टियां गठबंधन को लेकर समय-समय…
(NDTV) Oil-marketing companies increased the prices of petrol, whereas diesel prices were unchanged across the four metro cities. Petrol is priced at Rs. 72.86 per litre in New Delhi, Rs. 74.93 per litre in Kolkata, Rs.78.48 per litre in Mumbai and Rs. 75.67 per litre in Chennai, according to state-run Indian Oil Corporation’s (IOC) website, iocl.com. Petrol prices were hiked by 5 paise in Delhi, Mumbai and Chennai, while it was increased by 4 paise in Kolkata. Diesel rates stood at Rs. 66.60 per litre in New Delhi, Rs. 68.39 per litre in Kolkata, Rs. 69.76 per litre in Mumbai and Rs. 70.37 per litre in Chennai.