(PTI) Over 400 experts are expected to brainstorm on energy transition across the globe in view of technology and digital disruptions at 7th India Energy Congress, scheduled to begin tomorrow here.More than 400 experts will meet here on February 1 and 2 to discuss and debate the energy transition being witnessed, Energy 4.0 – the fourth energy revolution and draw map for 2030, in view of technological and digital disruptions already underway and those visible across the horizon, an official statement said. The 7th India Energy Congress will also deliberate upon how these are driving energy transition in various parts…
Author: Aruna Sharma
(LiveMint) As India’s government gets set to unveil its 2018-19 budget on Thursday, all eyes will be on whether the authorities stay the course on containing the fiscal deficit, or whether they throw caution to the wind with a populist set of spending priorities. Facing discontent at home over falling farm incomes and a backlash following policy initiatives that have dented growth, Prime Minister Narendra Modi will be aiming to woo rural voters and small business owners in the last full budget before a general election that must be held by May 2019. While economic growth has been slowed by…
(FE) Ahead of the Union Budget 2018-19 on Thursday, state-run oil explorer ONGC on Wednesday paid the government Rs 36,915 crore for its 51.1% stake in Hindustan Petroleum Corporation (HPCL), boosting the Centre’s non-tax revenues. ONGC acquired the government’s stake in HPCL in an off-market deal at a price of Rs 473.97 per share, the company said in a stock market filing. The oil marketing company’s shares closed at Rs 396.50 on the BSE on Wednesday, up 1.07% from the previous day’s closing price. “Several synergies are available through the acquisition…(complimentary asset portfolio, midstream and downstream presence and access to…
(ET) Use of ethanol as primary fuel for running vehicles could transform the farm economy of the country, road transport and highways minister Nitin Gadkari said on Wednesday.The minister said that India has already set standards for using of ethanol and other biofuels. “We’ve asked the petroleum ministry to make ethanol readily available,” Gadkari said while unveiling the Bajaj made three wheeler and motor bike that run on both ethanol on petrol (flexi fuel). “Flexible fuel will not only curb pollution but will give a huge push to the farm sector. Farmers can make ethanol from rice bran and sugarcane…
(PTI) वाणिज्य व उद्योग मंत्री सुरेश प्रभु प्रस्तावित औद्योगिक नीति पर अगले महीने उद्योग जगत के प्रतिनिधियों के साथ विचार विमर्श करेंगे। अधिकारियों ने कहा कि इस तरह की पहली बैठक दो फरवरी को गुवाहाटी में होगी। दूसरी बैठक नौ फरवरी को यहां होनी है।वाणिज्य व उद्योग मंत्रालय ने प्रस्तावित औद्योगिक नीति का मसौदा तैयार कर लिया है। नयी नीति 1991 की औद्योगिक नीति में आमूल चूल बदलाव करेगी। औद्योगिक नीति व संवर्धन विभाग (डीआईपीपी) ने पिछले साल अगस्त में औद्योगिक नीति का मसौदा जारी किया था ताकि अगले दो दशकों में रोजगार सृजित किए जा सकें व सालाना 100…
(PTI) The Delhi High Court today asked the Centre and the RBI to examine the new currency notes and coins, saying the visually-impaired were facing hardship in identifying and using them.A bench of Acting Chief Justice Gita Mittal and Justice C Hari Shankar told the Centre and the RBI that they should examine the new currency notes of Rs 200 and Rs 50 denominations as the visually-impaired people were finding it difficult to use them due to their size and the tactile marks. “This issue is something which needs to be resolved among yourselves. You (government, RBI and the petitioner…
Prime Minister Shri Narendra Modi declared the first edition of the Khelo India School Games open, at the Indira Gandhi Indoor Stadium in New Delhi today.Addressing the gathering, he said sports should occupy a central place in the lives of our youth. Sports is an important means of personality development, he added. He exhorted youngsters to devote time to games He exhorted amid their busy schedules. Referring to the eminent sportspersons present in the gathering, he said they too would have faced many obstacles; but they did not give up and went on to distinguish themselves. ndia does not lack…
MrSubhash Kumar has taken charge as Director (Finance), ONGC today. Mr Kumar was recommended to the position by Public Enterprise Selection Board (PESB) on 26th October, 2017 and has been appointed to the post by the President of India. Prior to joining as Director (Finance), ONGC,Mr Kumar served a brief stint with Petronet LNG Limited where he joined as Director (Finance) in August 2017. Mr Kumar is Fellow Member of ICMAI and also Associate Member of ICSI. He is an alumni of Panjab University, Chandigarh,where he obtained his Bachelors degree and Masters degree in Commerce with Gold Medal. Mr Kumar…
(Tribune) A civil-military liaison meeting took place today in which Chief Minister TS Rawat urged the Army to extend support to the state government’s drive to revive the Kosi and Rispana rivers. Besides, several issues were discussed, including shifting of Army CSD depot, UPNAL building and SIDCUL land at Udham Singh Nagar. Sub-area Commander, Major General JS Yadav, said if the Army decided to shift the UPNAL office, it would make temporary arrangements for housing at the sub-area. But, for the time being, it was not being shifted. Rawat offered to construct a building for UPNAL if the land was…
(ET) National banking bellwether State Bank of IndiaBSE 0.32 % raised interest rates on deposits for the first time in five years as it prepares to raise the lending game after the government strengthened it with capital investment and the trauma of bad loans eased. SBI follows private sector lender Axis Bank which raised deposit rates marginally last month in the first indication of rates hardening in the system as economic activity accelerates. Rates for customers with deposits of more than Rs 1 crore and senior citizens would go up between 50 and 140 basis points. A basis point is…