(ET) State-owned Oil and Natural Gas Corp may sell some of its stake in Indian Oil Corp and gas utility GAIL India to part fund its over Rs 32,000 crore acquisition of refiner HPCL, Chairman DK Sarraf said. ONGC holds 13.77 per cent stake in India’s biggest refiner IOC, which at today’s market price is worth about Rs 26,600 crore. It has another 4.87 per cent stake in GAIL India Ltd, worth Rs 1,637 crore. “We have several options to fund the the acquisition of government’s 51.11 per cent stake in HPCL. On a standalone basis we are debt free and…
Author: Aruna Sharma
(ET) Crude oil prices in the international market have come substantially down, but surprisingly the prices of petroleum products in India are on the rise, pinching the common man’s pocket. But then where is the huge money, being earned through several hikes in indirect taxes, going? Well, according to the government’s response to an RTI application, even as the money in the common man’s pockets seems to have developed wings, it is the government coffers that are benefiting from the high prices of petroleum products. During the financial year 2016-2017, the government earned a whopping Rs 2.67 lakh crore revenue on…
(AU) आतंकवाद प्रभावित जम्मू-कश्मीर में अब शांति स्थापित हो रही है। यही सही समय है कि कश्मीर समस्या को हल करने के लिए बातचीत शुरू की जाए। यह बात मुख्यमंत्री महबूबा मुफ्ती ने कही। कहा कि अब घाटी में शांति के बीज अंकुरित होने लगे हैं। इनको अब सिंचित करने और इसमें खाद डालने की जरूरत है। यह तय है कि इसके बाद इसका जो फल होगा, वह मीठा होगा। मुख्यमंत्री ने प्रधानमंत्री नरेंद्र मोदी के स्वतंत्रता दिवस के मौके पर दिए उस भाषण का स्वागत किया, जिसमें उन्होंने कश्मीरी लोगों को गले लगाने के लिए देशवासियों से कहा था।…
(NDTV) As Rahul Gandhi makes an all-out attempt to convert the anger of Gujarat’s powerful Patel or Patidar voters against the ruling BJP into support for the Congress, the state government today invited Hardik Patel and other leaders of the community for talks in Gandhinagar. Hardik Patel, 24, described the meeting as cordial but said the Patel agitation would continue as their main demand for reservation in government jobs and colleges was not discussed. Several of his other key demands have however been met today. Deputy Chief Minister Nitin Patel, who fronted for the government, has agreed to set up an…
(AU) रक्षा मंत्री निर्मला सीतारमण और अमेरिकी रक्षा मंत्री जेम्स मेटिस के बीच भारत-अमेरिका रक्षा संबंधों को मजबूत करने के लिए समग्र बातचीत हुई। इस बातचीत में भारत को रक्षा टेक्नोलॉजी सप्लाई करने का मामला भी शामिल था। मंगलवार को दिल्ली में अमेरिकी रक्षा मंत्री जेम्स मेटिस के साथ हुई बातचीत में निर्मला ने भारत का पक्ष रखा। दोनों रक्षा मंत्रियों के बीच हुई मुलाकात में इस बात पर सहमति बनी कि आतंकवाद के पनाह देने वालों को किसी भी सूरत में कहीं भी बर्दाश्त नहीं किया जाएगा। साथ ही इस मुलाकात में भारत और अमेरिका के बीच रक्षा क्षेत्र में…
(TOI) Petroleum MinisterDharmendra Pradhan on Tuesday reiterated the demand for bringing in petroleum products under the GST regime, though the suggestion has not yet elicited favorable response from the Union Finance Minister or the states. Responding to questions from the reporters here the Minister however declined to make a suggestion on what should be the unified tax rates for the petroleum products under the GST regime. “The petroleum products must have a rational tax structure, which takes into account of the resource mobilization requirements of the Centre and the States. The Tax rate must also protect the consumer interests,” Pradhan said. When it was pointed…
(FE) Prime Minister Narendra Modi has played a pivotal role behind BJP’s recent success, party leaders, including chief Amit Shah, have mentioned this several times. It was evident during the second day of BJP national executive meet held in New Delhi. BJP resolution adopted at the party national executive meeting on Monday has featured PM Modi 21 times. Since the 2014 Lok Sabha elections, PM Modi has become the central figure in the party’s scheme of things, according to Indian Express report. Since the 2014 Lok Sabha elections, eight national executive meetings have been held- in August 2014, April 2015, March 2016, June…
(AU) संयुक्त राष्ट्र महासभा के 72वें वार्षिक सम्मेलन के दौरान पाक प्रायोजित आतंकवाद के मुद्दे पर चीन भारत का समर्थन करता दिखा था लेकिन एक बार फिर चीन ने भारत के खिलाफ अपना रुख बदल लिया है और पाकिस्तान के साथ खड़ा दिखाई दे रहा है। मंगलवार को चीन के सरकारी अखबार ग्लोबल टाइम्स ने विदेश मंत्री सुषमा स्वराज के भाषण को अंहकारी बताते हुए भारत के रुख की कड़ी आलोचना की है। अखबार में ‘इंडियाज बिगट्री नो मैच फॉर इट्स ऐम्बिशन’ शीर्षक से छपे संपादकीय में चीन ने कहा कि ‘पाकिस्तान में सच में आतंकवाद है, लेकिन क्या आतंकवाद का समर्थन राष्ट्रीय नीति है? भला आतंकवाद…
(FE) The Uttar Pradesh unit of the BJP today termed the Centre’s decision to lay an LPG pipeline from Kandla (in Gujarat) to Gorakhpur as “revolutionary”. Speaking at a function yesterday, Union minister Dharmendra Pradhan had said that all the LPG bottling plants established in Uttar Pradesh (25 at present, 4-5 being installed) would be linked to this pipeline. “LPG has proved to be not only a fuel, but a medium of social change. The decision of laying an LPG pipeline from Kandla (in Gujarat) to Gorakhpur is truly revolutionary,” said UP BJP spokesperson Manish Shukla, here today. Shukla said the Ujjwala…
The Prime Minister, Shri Narendra Modi, today launched the Pradhan Mantri Sahaj Bijli Har Ghar Yojana, or Saubhagya, at New Delhi. The aim of this scheme is to provide power to all homes. On the occasion of the birth anniversary of Pandit Deendayal Upadhyay, the Prime Minister also dedicated a new ONGC building – the Deendayal Urja Bhawan. The Prime Minister also dedicated to the nation, the Booster Compressor Facility in Bassein Gas Field. Speaking on the occasion, the Prime Minister gave examples of the success of Jan Dhan Yojana, insurance schemes, Mudra Yojana, Ujjwala Yojana, and Udan, to highlight how the…