(FE) The first consignment of 2 million barrels of crude oil that is en route from United Arab Emirates (UAE) for India’s strategic petroleum reserve at Mangalore, will help the world’s third largest oil importer’s energy security programme. With India building around 39 million barrels of strategic crude oil storage facility, the 5.86 million barrels supplied by state-run Abu Dhabi National Oil Company (ADNOC)—the only one to partner with India on its crude oil reserve programme till date, can be used during an emergency. According to a 12 May Indian government statement the loading of the first crude consignment was witnessed…
Author: Aruna Sharma
(AU) मंगलवार को पेट्रोल-डीजल के दाम 55 माह के उच्चतम स्तर पर पहुंच गए। तेल मार्केटिंग कंपनियों ने सोमवार से पेट्रोल-डीजल के दामों में 19 दिनों बाद बढ़ोतरी करना शुरू कर दिया था। कच्चे तेल की बढ़ती कीमतों के बीच कंपनियां अब लगातार दाम बढ़ाएंगी। अगर टैक्स का बोझ केंद्र व राज्य सरकार जनता पर कम कर दें, तो फिर राहत मिल सकती है। अगर पेट्रोल-डीजल को जीएसटी के दायरे में लाया जाता है तो अभी 80 रुपये में बिकने वाला पेट्रोल 40 रुपये में मिलने लगेगा। लेकिन राज्यों को इसकी बिक्री से सबसे ज्यादा कमाई होती है। अगर राज्य…
(FE) The Bharatiya Janata Party has taken a massive lead in Karnataka election results 2018. The trends suggest that it is leading on over 112 seats which is also the majority mark. The Congress, on the other hand, is struggling to cross the 70 mark. JD(S) which is leading on 45 seats might end up playing an important role in forming the government. The BJP CM candidate Yeddyurappa is leading from his seat while Karnataka CM Siddaramiah is leading on one seat and is trailing on other. Senior Congress leader Ashok Gehlot has already hinted at the possibility of an alliance with JD(S).…
(LiveMint) The merged entity of Vodafone India Ltd and Idea Cellular Ltd is likely to face a conflict of interest when it plans to buy tenancies as the two companies have telecom tower operator American Tower Corp. (ATC) as a preferred vendor and at the same time also have stakes in its rival Indus Towers-Bharti Infratel combine. “There is a conflict of interest here… if earlier promises cannot be implemented… there can’t be sweetheart deals because there is a risk of some legal action if the small player is disadvantaged,” a person with direct knowledge of the matter said, requesting…
(AU) कर्नाटक विधानसभा चुनाव के लिए मतगणना जारी है। भाजपा और कांग्रेस में कांटे की टक्कर चल रही है। शुरुआती रुझानों में भाजपा को बढ़त मिल रही है। भाजपा 84, कांग्रेस 79 और जेडीएस 24 सीटों पर आगे चल रही है। शिकारीपुरा सीट से बीएस येद्दियुरप्पा और रामनगर से कुमार स्वामी आगे चल रहे हैं। वहीं, चामुंडेश्वरी सीट से सिद्दरमैया पीछे और बादामी सीट से आगे चल रहे हैं। वरुणा से सिद्दरमैया के बेटे यतींद्र आगे चल रहे हैं। बादामी सीट पर श्रीरामुलु को बढ़त मिल रही है। दावणगेरे से खगड़े के बेटे पीछे चल रहे हैं। बेल्लारी से रेड्डी बंधुओं को…
(PTI) Oil Minister Dharmendra Pradhan today unveiled to investors here India’s upcoming second round of auction of discovered oil and gas fields, and said that over 195 million tonnes of hydrocarbon reserves would be put on offer. The bid dates for the Discovered Small Field round II (DSF-II), where 22 contract areas made up of 60 discovered oil and gas fields would be offered, are yet to be announced. In a series of tweets, Pradhan said DSF Round-I was a success which has given “immense confidence on the upcoming discoveries under DSF-II”. “A whopping 60 large size discoveries with an in-place reserve volume of over…
(PTI) Prime Minister Narendra Modi will travel to Russia on May 21 for an informal summit with Russian President Vladimir Putin, the Ministry of External Affairs (MEA) announced today. The informal summit will be held in Russian city of Sochi. “This will be an important occasion for the two leaders to exchange views on international matters in a broad and long-term perspective with the objective of further strengthening our Special and Privileged Strategic partnership,” the MEA said in a statement. It said both the leaders will also discuss their respective national developmental priorities and bilateral matters. “This informal Summit in Sochi between…
(DC) Union Petroleum and Natural Gas Minister Dharmendra Pradhan met Chief Executive Officer of Mubadala Petroleum, Dr Bakheet Al Katheeri in Dubai on Monday. Mubadala Petroleum is a leading international oil and gas company spread across eight countries. Minister Pradhan is on a three-day visit to UAE which will be followed by visit of Prime Minister Narendra Modi.
(PTI) After Dena Bank, the Reserve Bank now is likely to impose certain restrictions on couple of more public sector lenders under the Prompt Corrective Action (PCA) mechanism due to worsening asset quality, a source said. In view of mounting non-performing assets (NPAs), the RBI yesterday directed Dena Bank not to issue any fresh loans and hire new personnel. Already, there are 11 banks, out of 21 state-owned banks, under the PCA of the Reserve Bank because of their weak financials. One or two more banks may face PCA like Dena Bank if their quarterly numbers indicate further erosion of capital and…
(DJ) पेट्रोल-डीजल की कीमतों पर बीते 20 दिन से लगा ब्रेक आज हट गया। क्रूड ऑयल में आ रहे उबाल के कारण बढ़ती कीमतों से आम आदमी को राहत देने और कर्नाटक चुनाव के मद्देनजर सरकारी तेल विपणन कंपनियों ने पेट्रोल-डीजल की कीमतों को 20 दिन तक अपरिवर्तित रखा। जानकारी के लिए आपके बता दें कि 16 जून 2017 से ही पेट्रोल और डीजल की कीमतों में रोजाना संशोधन हो रहा है। इससे पहले सरकारी तेल विपणन कंपनियां ईंधन की कीमतों की महीने में दो बार समीक्षा किया करती थीं। आज प्रमुख मेट्रो शहरों में पेट्रोल के दाम: राजधानी दिल्ली में…