Author: Aruna Sharma

(PTI) Indian Oil Corp (IOC), the country’s largest oil firm, today said it has acquired Royal Dutch Shell’s 17 per cent stake in the Makhaizna oilfield in Oman for USD 329 million. Mukhaizna oilfield is the single largest producing individual oilfield in Oman, contributing about 13 per cent of total Omani crude oil production of 120,000 barrels per day. “IOC has today completed acquisition of 17 per cent participating interest in Mukhaizna oilfield (including the marketing rights for entitlement oil) by acquiring 100 per cent equity stake in Shell Exploration and Production Oman Ltd from Shell Overseas Holdings Ltd for a…

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(DJ) सरकारी बैंकों ने वित्त वर्ष 2014-15 से सितंबर 2017 तक 2.41 लाख करोड़ रुपये का लोन राइट ऑफ किया है। एनडीए सरकार ने यह जानकारी राज्य सभा में एक लिखित उत्तर के जरिए दी है। बैंकों ने अपने नियमित अंतराल पर लोन और नॉन परफॉर्मिंग एसेट्स (एनपीए) को माफ किया है क्योकि इसने उन्हें अपनी बैंक की बैलेंस शीट साफ सुथरी रखने और कर-दक्षता हासिल करने में मदद की है। यह जानकारी वित्त राज्य मंत्री शिव प्रसाद शुल्क ने एक लिखित उत्तर के जरिए दी है। उन्होंने कहा, “वैश्विक परिचालन पर रिजर्व बैंक ऑफ इंडिया के डेटा के अनुसार सार्वजनिक…

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(TOI) RJD national president Lalu Prasad has attacked the Narendra Modi government alleging that there was a state of “undeclared emergency” in India and the weaker sections of society were going through a bad phase. In a message read out to his colleagues at a RJD legislature party meeting in Patna, Prasad – who is serving sentences in several fodder scam cases – said “the weaker sections of the society are looking at Rashtriya Janata Dal with hope”. The former Bihar chief minister is currently admitted to AIIMS in New Delhi for specialised treatment. He was referred to AIIMS by the Rajendra Institute of Medical Science,…

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(BS) The Supreme Court on Thursday refused to order a CBI investigation into large-scale adulteration of petrol and diesel by mafia in the Hathras region of Uttar Pradesh. A bench of Chief Justice Dipak Misra, Justice A.M. Khanwilkar, and Justice D.Y. Chandrachud said the law was already in place to enable the authorities to take action against such malpractices. The bench took note of the contentions of the Ministry of Petroleum and Natural Gas that public sector oil companies had taken steps to conduct regular checks on the quality and quantity of petrol and diesel being supplied by retail outlets to the public at large.The apex court in its order stated: “It has been stated that the…

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(AU) केंद्रीय वित्त मंत्री अरुण जेटली इन दिनों किडनी की बीमारी से जूझ रहे हैं। उन्होंने गुरुवार को बताया कि ‘मेरा इन दिनों किडनी से जुड़ी बीमारियों का ईलाज चल रहा है इसलिए मैं अपने मंत्रालय से जुड़े सारे काम घर से ही कर रहा हूं।’ जेटली अभी अस्पताल में भर्ती नहीं हुए हैं, लेकिन संक्रमण के डर से डॉक्टरों ने उन्हें बाहर न निकलने की सलाह दी है। बताया जा रहा है कि जल्द ही उनकी सर्जरी हो सकती है। इसके चलते अगले हफ्ते लंदन में होने वाली वार्षिक आर्थिक वार्ता के लिए उनका दौरा रद्द कर दिया गया है। केंद्रीय…

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(TH) The recent price hike of natural gas by the Centre may result in an additional revenue of Rs.1500 crore to the state-owned ONGC Limited during the first half of the current fiscal, said global rating and research agency Moody’s. The price paid to most of natural gas produced from domestic fields will be $3.06 per million British thermal unit (mmBtu) for six months, beginning April 1, from current USD 2.89, according to a recent notification issued by oil ministry’s Petroleum Planning and Analysis Cell. “Natural gas contributed around 45% of ONCG’s total crude oil and natural gas production volume in…

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(AU) कांकाणी काले हिरण शिकार मामले में बॉलीवुड अभिनेता सलमान खान को बृहस्पतिवार को जोधपुर की एक अदालत ने पांच साल की सजा सुनाई। मुख्य न्यायिक मजिस्ट्रेट देव कुमार खत्री ने सजा सुनाते हुए कहा कि आरोपी एक लोकप्रिय अभिनेता है, जिसे लोग फॉलो करते हैं। लेकिन उसने अपने मजे के लिए शिकार किया। ऐसे में वह सजा में रियायत का हकदार नहीं है। कोर्ट ने कैद के साथ ही 10 हजार रुपये का जुर्माना भी लगाया। सेशन कोर्ट में जमानत याचिका पर आज सुनवाई होगी। अदालत से जेल पहुंचे सलमान खान को रात में खाने के लिए दाल रोटी दी…

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(LiveMint) The Reserve Bank of India (RBI) kept its policy rates on hold on Thursday and retained its “neutral” stance but lowered its inflation call, reducing the odds of a near-term rate hike and spurring a rally in stocks and bonds. The RBI kept its policy repo rate unchanged at 6% for the fourth straight meeting as unanimously expected by 61 respondents in a Reuters poll. That level is the lowest since November 2010. It also kept the reverse repo rate unchanged at 5.75%. Five of six members on the monetary policy committee (MPC) voted for a hold, while one wanted a hike…

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(PTI) Amid an uproar over higher fuel rates, Union Petroleum Minister Dharmendra Pradhan today said the inclusion of petroleum products under the ambit of the Goods and Services Tax (GST) will bring the products under a rational tax mechanism. Speaking to reporters at the Raipur airport this evening, he said the prices of petrol and diesel are linked with the international market and they fluctuate as per the global prices. Whenever there is hike in crude petroleum rates in the international market, it leads to an increase in fuel prices in the Indian market, Pradhan said while replying to a query…

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Today Responsibility and Sustainability is the buzzword for each and every organization, whether it is a Government Ministry/ department, Public sector companies, MNCs or even Private Corporate. In fact the new company law also mandated to share some part of the profit for the well being of the society in form of CSR contribution by all the companies including MNCs and private companies. For Government and Public Sector Companies this becomes much more important as it is their prime responsibility before profit to give back to the nature and society whatever they take from them. This is the supreme “Principal…

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