India is considering expanding hydrocarbon cooperation with resource-rich Kazakhstan including exploration and production of hydrocarbons and participation of Indian companies in the oil and gas sector of Central Asia’s biggest country. While India will also explore the possibility of implementing a petrochemical project in Kazakhstan Astana has expressed interest supplying gas to India. This was decided at the 13th meeting of the Indo-Kazakh Intergovernmental Commission (IGC) on trade and economic, scientific, technical, industrial and cultural cooperation held in Astana earlier this week. The Kazakh side was led by Energy Minister Kanat Bozumbayev and the Indian side was led by Oil…
Author: Aruna Sharma
(PTI) Industry body Assocham today urged the Uttar Pradesh government to prepare three special economic zones (SEZs) for solar energy development and try to encourage private players in the field. “It is our suggestion that the government should make three SEZs and make all the facilities available there for solar energy development. The investors should be attracted and ensure that their investment is safe,” Assocham General Secretary D S Rawat told PTI. He said UP has a huge potential to become one of the hot spots for solar energy development in the country by evolving new business models and innovative technological…
(PTI) The railways ministry is looking at ways to speed up the electrification process as it would help cut down Rs 16,000 crore expense on diesel, Union Minister Piyush Goyal said today. He said the ministry is consulting all the people who are involved in the electrification process. The important things which are involved in the process include availability of equipment and adequate infrastructure. The Railways Minister said, “we are giving a relook to the ways of speeding up the electrification process” of rail lines across the country. The move would help in cutting down the diesel expenses on Indian railways, which…
(PTI) Central government employees will not get a daily allowance on Leave Travel Concession (LTC), according to an official order. The LTC allows the grant of leave and ticket reimbursement to employees who are entitled under the rules to travel to their home towns and other places. Employees were earlier entitled to an allowance which varied with their ranks. Any incidental expenses and the expenditure incurred on local journeys shall not be admissible under LTC, said the order issued by the Department of Personnel and Training (DoPT) yesterday. However, travel by premium or suvidha trains and services such as tatkal…
(PTI) Prime Minister Narendra Modi today asked cooperatives to venture into new business areas like beekeeping and seaweed farming to help farmers double their income by 2022 and boost the rural economy.Modi also emphasised that the ‘cooperative spirit’ should be kept alive and strengthened. Addressing the birth centenary of Maharashtra-based cooperative leader Laxman Madhav Rao Inamdar, the Prime Minister said: “It is natural for the cooperative sector to grow and shine in India. There are several sectors where the cooperative sector can help make a positive difference.” He asked cooperatives to assess how farmers’ income can be doubled by 2022…
(NDTV) कांग्रेस अध्यक्ष सोनिया गांधी ने महिला आरक्षण को लेकर पीएम नरेंद्र मोदी को खत लिखा है. साथ ही इसे लेकर समर्थन का वादा भी किया है. जहां एक और राहुल गांधी अमेरिका दौरे पर लगातार मोदी सरकार पर निशाना साध रहे हैं वहीं सोनिया गांधी का यह खत काफी कुछ कहता है. कांग्रेस अध्यक्ष सोनिया गांधी ने प्रधानमंत्री नरेन्द्र मोदी से कहा है कि उन्हें लोकसभा में अपनी पार्टी के बहुमत का लाभ उठाते हुए महिला आरक्षण विधेयक को पारित करवाना चाहिए. यह विधेयक 9 मार्च 2010 में कांग्रेस नीत संप्रग सरकार के शासनकाल में राज्यसभा में पारित हो चुका है,…
(ET) State-run hydrocarbon explorer ONGC has found reserves to the west of its Mumbai High offshore fields, with initial estimates suggesting the new discovery’s size to be about 20 million tonnes of oil equivalent (mtoe). The firm’s output has been stagnating over the last many years with annual oil production in the range of 25-26 million tonnes (mt) and natural gas output around 23 billion cubic metres (bcm). Though the zones at the well WO 24-3 are still under assessment, the new find is believed to be big enough to pep up the firm’s production in coming years. Mumbai High in the…
(PTI) Government stake in state-owned power giant NTPC has come down to 62.99 per cent, from 63.11 per cent, after the company issued shares to its employees. “With the allotment and transfer of 94,69,848 shares to employees, the Government of India’s holding in NTPC has come down from 520,36,08,726 equity shares i.e. 63.11% of total paid-up capital to 519,41,38,878 equity shares i.e. 62.99% of total paid-up capital,” the NTPC said in BSE filing today. The offer to the eligible employees of NTPC Ltd was opened from September 11-13. The government had last month sold 7 per cent stake in the country’s largest…
(ET) Oil and Natural Gas Corp plans to relinquish its coal bed methane (CBM) block in Raniganj, West Bengal, but is on course to produce gas from another CBM block in Bokaro in February, a senior executive said. It would be difficult to develop the Raniganj North block since an air strip is coming up on the same land, Ved Prakash Mahawar, director (onshore) of ONGC said. The company evaluated the feasibility of lateral drilling to tap gas underneath the air strip, but it was found that this was not possible, Mahawar said. ONGC has stakes in three other CBM blocks…
(DJ) दिल्ली के सर्राफा बाजार में बुधवार को सोने की कीमतों में तेजी दर्ज की गई है। सकारात्मक वैश्विक संकेत और स्थानीय ज्वैलर्स की ओर से बढ़ी मांग के चलते कीमतें 150 रुपये बढ़कर 30750 रुपये प्रति 10 ग्राम हो गई है। इसी तरह चांदी की कीमतों में भी तेजी देखने को मिली है। चांदी 400 रुपये बढ़कर 40900 रुपये प्रति किलोग्राम के स्तर पर आ गई है। चांदी की कीमतों में उछाल इंडस्ट्रीयल यूनिट्स और सिक्का निर्माताओं की ओर से उठान के चलते देखने को मिला है। व्यापारियों का मानना है कि डॉलर में कमजोरी और अमेरिकी फेडरल रिजर्व में…