(PTI) Finance Minister Arun Jaitley will address the boards of the Reserve Bank and markets regulator Sebi tomorrow, highlighting various financial sector reforms announced in the Union Budget 2018-19. He may also take up the issue of additional Rs 13,000 crore dividend to be transfered by RBI to the government. The customary post-Budget meeting is taking place this time against the backdrop of hardening bond yield and apprehensions that interest rates may rise.Besides, the government has introduced Long Term Capital Gains Tax on equities sending stock market in tizzy at a time when oil prices have been on the rise globally…
Author: Aruna Sharma
(Tribune) Regular tests being conducted by the state’s pollution control board at several sites on Ganga in Uttarakhand continue to show that the quality of water is very good, Uttarakhand Chief Secretary Utpal Kumar Singh said today.While apprising the Cabinet Secretary Pradeep Sinha about the progress made under the Central government’s Namami Ganga Programme, the Chief Secretary said, “At 15 places the water quality was tested for river Ganga by the Pollution Control Board and it was found that at eight places the quality was A category while at seven places the quality of water was categorised as falling in…
(MC) State-run Oil India Ltd on Friday posted a 55 percent rise in third-quarter net profit, beating analysts’ estimates. Profit rose to 7.05 billion rupees ($109.49 million) from 4.55 billion rupees a year earlier, Oil India said. Analysts on average had expected a profit of 6.88 billion rupees, according to Thomson Reuters data. Revenue from operations rose over 16 percent to 28.53 billion rupees.
(AU) भारतीय रेलवे अनुशासनात्मक कार्रवाई करते हुए अपने 13,500 कर्मचारियों को निकालने की तैयारी कर रहा है। इनमें वह कर्मचारी हैं जो पिछले काफी समय से बिना बताए लंबी छुट्टी पर हैं। रेलवे ने यह कदम तब उठाया है जब रेल मंत्री पीयूष गोयल ने उच्च अधिकारियों से कहा है कि वे रेल के सभी विभागों में मौजूद उन लोगों का पता लगाएं जो लंबे समय से बिना बताए छुट्टी पर हैं। रेल मंत्री के निर्देश के बाद पता चला कि 13 लाख कर्मचारियों वाले विभाग से 13,500 से ज्यादा कर्मचारी बिना अनुमति लिए गायब हैं। रेलवे के बयान के अनुसार- नियमों के तहत…
(ET) Oil and Natural Gas Corp’s third-quarter profit has risen 15% on higher crude prices. Profit went up to Rs 5,015 crore in the Oct-December quarter of 2017-18 from Rs 4,352 crore in the corresponding period a year earlier. Gross revenue rose 15% to Rs 22,996 crore. The state-run producer realised a price of $60.58 per barrel for its crude from the nominated fields for the quarter, nearly 17% higher than in the year-ago period. In rupee terms, the realisation rose 12.2%. Oil price realised from its joint ventures also rose 15.4%.
(PTI) The benchmark BSE Sensex gained momentum in afternoon trade today, rallying over 482 points on continued buying by domestic funds and recovery in the rupee amid higher Asian markets. On the other hand, Brent crude futures tumbled to a six- week low of USD 65.16 per barrel. A fall in crude prices is seen as positive for Indian economy, which imports most of its oil requirements. The 30-share barometer stayed in the green through the the session on all-round buying. It was trading at 34,565.03 by surging 482.32 points, or 1.41 per cent at 1230 hrs.The index had lost 113.23…
Every endeavour is made to keep the coaches in properly maintained and clean condition. All efforts are made by the Railways to address the complaints. Some of the major initiatives taken by Indian Railways towards improvement of cleanliness and maintenance of coaches are as follows : Cleaning of coaches of trains at both ends including mechanized cleaning. On Board Housekeeping Service (OBHS) has been provided in more than 970 pairs of trains including Rajdhani, Shatabdi and other important long distance Mail/Express trains for cleaning of coach toilets, doorways, aisles and passenger compartments during the run of the trains. ‘Clean My…
Union Minister of State (IC) for Power and New & Renewable Energy, Shri R.K Singh, launched a Web based monitoring System and a Fly Ash mobile application named ASH TRACK here today. These platforms will enable better management of the ash produced by thermal power plants by providing an interface between fly ash producers (Thermal Power Plants) and potential ash users such as – road contractors, cement plants etc. Speaking on the occasion, Minister of State (IC) for Power and New & Renewable Energy, Shri R K Singh said that proper management of fly ash is important for not only the environment but for us also as the…
Hindustan Petroleum Corporation Ltd. has registered gross sales of Rs. 62,832 crores during October-December, 2017 as compared to Rs. 55,471 crores for the period October-December, 2016. Quarterly Profit after Tax (PAT) increased to Rs 1950 crores for the period October-December 2017 against Rs 1590 crores achieved during the corresponding period of previous financial year. The increase in profit is due to better refinery margin during the period compared to corresponding period of last year on account of improved cracks & inventory gains. The refineries at Mumbai and Visakh processed 4.52 million tonnes of crude during October– December, 2017 as against…
(Tribune) Former Chief Minister Harish Rawat today accused the BJP government at the Centre of being responsible for deaths of two transporters Prakash Pandey and Balwant Bhatt in Uttarakhand.Addressing a press conference in Dehradun today, he said the economy of the country was in shambles due to faulty policies of the Centre forcing people to take extreme steps like suicide. He said the recent case of suicide by transporter Balwant Bhatt was a fallout of the faulty economic policies being pursued by the Centre and seconded by the state BJP government. “After the transporter Prakash Pandey’s suicide incident, the state…