Hon’ble Prime Minister inaugurates 16th International Energy Forum Emphasises on the need for responsible pricing and transparent & flexible markets MoU for Ratnagiri Mega Refinery worth Rs 3 lakh crore signed Hon’ble Prime Minister Shri Narendra Modi today inaugurated the 16th International Energy Forum Ministerial Meeting. Addressing the gathering of Energy Ministers from 42 producing and consuming nations, Heads of International Organisations and industry leaders, the Prime Minister said India will be the key driver of global energy demand in the next twenty-five years as its energy consumption will grow by four point two percent a year for the next twenty-five…
Author: Aruna Sharma
(TOI) India is the world’s second largest importer of LPG (liquefied petroleum gas) after China and remains ahead of Japan as the Narendra Modi government’s drive to provide clean cooking fuel to millions of poor families boosted household demand by nearly 8% in 2017-18. The Prime Minister may flag the success of the Ujjwala scheme — one of his government’s flagship social programmes aimed at delivering “energy justice” to the poor — to emphasise the potential of India’s energy market and need for an equitable global oil pricing regime when he addresses policy-makers and oil industry bosses at the 16th International Energy Forum ministerial here on Wednesday.…
(ET) Iran has agreed to take the gas produced from the ONGC Videsh Ltd-discovered Farzad-B field in the Persian Gulf, but differences remain over returns on investments made by the Indian firm. Iran previously conditioned granting rights to develop the Farzad-B fields to OVL on Indian firms buying all of the gas produced at the imported-LNG equivalent rate. This proposition, which involved an investment of USD 11 billion in first developing the field and then setting up a facility to convert it into liquid gas (liquefied natural gas or LNG) for shipping to India, was considered very expensive, sources privy to the development said. Iran…
(AU) भाजपा के राष्ट्रीय अध्यक्ष अमित शाह बुधवार को लखनऊ में विरोधियों की ताकत और अपनी कमजोरी की थाह लेंगे। साथ ही इनसे निपटने का रास्ता तलाशकर पार्टी के सामने यूपी में खड़ी चुनौतियों से पार पाने का फॉर्मूला तलाशेंगे, ताकि लोकसभा चुनाव के रूप में आने वाली बड़ी परीक्षा में भाजपा इस बार भी अच्छे नंबरों से पास हो जाए। शाह के इस एक दिनी दौरे के एजेंडे में दलित सांसदों के विद्रोही स्वरों से बनी परिस्थितियों से निपटने और कार्यकर्ताओं की संतुष्टि के उपाय तलाशना भी शामिल है। वह संगठन और सरकार के लोगों से बातचीत करने के अलावा…
(FE) After a largely smooth roll-out of the interstate electronic way bill — a mechanism to track cargo movement in the goods and services tax (GST) regime — from April 1, the government on Tuesday said five states would implement the scheme for intrastate transport as well, effective April 15. The states — Andhra Pradesh, Gujarat, Kerala, Telangana and Uttar Pradesh — together generated the bulk of interstate bills since its roll-out on April 1. In Karnataka, the e-way bill system has been in place since April 1 for both interstate and intrastate transport. The e-way bill is a crucial…
Central PSU, ITDC today signed MOU with Hyderabad based M/s Suraas Impex for developing a mega tourism destination project at Bairav Lanka in Kakinada, East Godavari District of Andhra Pradesh for an estimated cost of Rs 550 crores in the initial phase-I. This project is the first of its kind for the State owned ITDC with any private player.
(LiveMint) Banks have slowed lending to real estate companies, typically considered a high-risk sector, following the $2 billion fraud at state-run Punjab National Bank (PNB), leaving the door open for non-banking financial companies (NBFCs) to grab opportunities in the sector. Bankers are now exercising extra caution in loan disbursements by seeking additional documents and collateral as well as reviewing existing limit both on fund and non-fund based lines of credit. “There is an overhaul of credit assessment processes and it is only natural that real estate developers, especially in the commercial segment, are witnessing delays in loan disbursement given its high-risk…
(Tribune) An earthquake measuring 2.8 on the Richter scale hit Bageshwar district of Uttarakhand on Monday at 12.35 pm. As per the District Disaster Management office, the epicentre of the earthquake was located in Kapkote at latitude 29.8 degree North and longitude 79.8 degree East. There are no reports of damage to life or property as the tremors were light. The authorities said as the district was sensitive to disasters, the disaster control room had been activated.
(Hindustan) देशभर में लोकसभा, विधानसभा और अन्य निकायों के चुनाव एक साथ कराए जाने की वकालत करते हुए चुनाव आयोग ने कहा कि उसे कोई दिक्कत नहीं है, बशर्ते इस नयी व्यवस्था के लागू होने से पहले संविधान और कानून में जरूरी संशोधन हो जायें और इलेक्ट्रॉनिक वोटिंग मशीनों (ईवीएम) और अन्य संसाधनों की पर्याप्त उपलब्धता सुनिश्चित हो जाये। मुख्य निर्वाचन आयुक्त ओपी रावत ने इंदौर प्रेस क्लब के स्थापना दिवस समारोह में कहा कि सरकार ने लोकसभा, विधानसभाओं और अन्य निकायों के चुनाव एक साथ कराये जाने के विषय में वर्ष 2015 में निर्वाचन आयोग की राय जाननी चाही…
(ET) The income-tax department is set to initiate proceedings against jeweller Nirav Modi, wanted in the Rs 14,000-crore Punjab National BankNSE 3.03 % (PNB) fraud, under the black money law that provides for imprisonment of up to seven years for not disclosing foreign assets. The department has written to tax authorities in Jersey, the Bahamas, Cyprus, Singapore and Mauritius, seeking details of Modi’s accounts and entities linked with him. The Black Money(Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, was put in place as part of the government’s election pledge to root out unaccounted wealth and stamp…