(ET) Union finance minister Arun Jaitley will head a panel that will oversee and speed up Oil and Natural Gas Corporation’s acquisition of Hindustan Petroleum Corporation. Steps will be taken to ensure that the “cultural uniqueness” and “brand identity” of HPCL, India’s third-largest oil refiner, are maintained after ONGC takes over, the Cabinet Committee on Economic Affairs headed by Prime Minister Narendra Modi was briefed on Wednesday evening. ET has reviewed the broad points of the briefing. The ONGC-HPCL union will “give enhanced capacity to ONGC to neutralise” global oil price volatility, the committee was told. CCEA accorded “in-principle approval”…
Author: Aruna Sharma
Petroleum Minister chairs meet of apex body on “Roadmap to achieve 10% reduction in import dependency in O&G by 2021-22” Importance of concerted and coordinated efforts by all Ministries, stressed upon Energy Conservation and efficiency, Oil demand substitution, tapping Bio-fuels, waste to wealth etc. highlighted at meeting Minister of State (I/C) for Petroleum and Natural Gas, Shri Dharmendra Pradhan chaired the first meeting of apex body for policy formulation and implementation of ‘Roadmap to achieve target of 10 % reduction in import dependency in oil and gas by 2021-22 under an institutional mechanism ‘Integrated Monitoring and Advisory Council’ (IMAC) which…
The Prime Minister Shri Narendra Modi has congratulated Shri Ram Nath Kovind Ji on being elected the President of India.“Congratulations to Shri Ram Nath Kovind Ji on being elected the President of India! Best wishes for a fruitful & inspiring tenure. Gladdened by the extensive support for Shri Ram Nath Kovind Ji among MPs & across various states. I thank members of the Electoral College. I also congratulate Meira Kumar Ji for her campaign, which was in spirit of the democratic ethos & values we all are proud of ”, the Prime Minister said.
(AU) संसद में मानसून सत्र के दौरान दोनों सदनों में जमकर हंगामा हुआ। लोकसभा में किसानों का मुद्दा उठने की वजह से हंगामा इस कदर बढ़ गया कि सदन को दोपहर तक के लिए स्थगित कर दिया गया। वहीं राज्यसभा में एच1बी वीजा समेत चीन की ओर बॉर्डर चीन की ओर से हो रही मनमानी का मुद्दा उठा। सुषमा स्वराज ने कहा कि भारत अपनी सीमाओं की रक्षा करने में सक्षम हैं। उन्होंने चीन को साफ तौर पर कहा है कि पहले डोकलाम से उसे सेना हटानी पड़ेगी, तभी भारत अपनी सेना हटाए जाने पर विचार करेगा। सुषमा स्वराज ने कहा…
(AU) केंद्रीय वित्त मंत्री अरुण जेटली ने कांग्रेस पर मॉब लिंचिंग और गोरक्षा के नाम पर राजनीति करने का आरोप लगाया है। उन्होंने राज्यसभा में इस मुद्दे पर बोलते हुए कहा कि किसी को भी कानून हाथ में लेने का हक नहीं है। और अगर फिर भी कोई ऐसा करता है तो उसकी निंदा के साथ गिरफ्तारी भी होनी चाहिए। अरुण जेटली ने कांग्रेस पर बीफ पॉलिटिक्स खेलने का आरोप लगाया है। उन्होंने कहा कि कांग्रेस लिंचिंग की घटनाओं को राजनीतिक रूप देती है। उसे ऐसा करना बंद करना चाहिए। उन्होंने आगे कहा कि अगर किसी राज्य में गोहत्या पर बैन है और वहां ऐसी घटनाओं को…
The Cabinet Committee on Economic Affairs (CCEA) in its meeting held on 28.06.2017 has given in-principle approval for considering strategic disinvestment of Air India and its five subsidiaries and constitution of Air India Specific Alternative Mechanism.; To implement the decision of CCEA, appointment of Transaction Adviser, Legal Adviser and Asset Valuer shall be taken up as per terms and conditions and scope of work of Advisers/ Valuer in accordance with the model RFPs suggested by the Department of Investment and Public Asset Management. The domestic market share of Air India for the FY 2016-17 is 14.2% and in the current…
The President of India, Shri Pranab Mukherjee has congratulated Shri Ram Nath Kovind on his election as the 14th President of the Republic of India. In his message, the President has said, “I extend to you my heartiest congratulations on your election as the 14th President of the Republic of India. I also offer my best wishes to you for a successful tenure. May you lead India to the path of democracy, stability and prosperity”.
(TOI) The Cabinet is likely to take up flagship explorer ONGC’s proposal to acquire the government’s entire 51.1% stake in the country’s third largest refiner-retailer Hindustan Petroleum (HPCL) on Wednesday in a deal size estimated at over Rs 28,000 crore. The deal size could rise by another Rs 14,600 crore or so if the government does not waive the need for making an open offer to acquire an additional 26% from the market as required under norms. The move is in line with the government’s intention to create integrated Indian oil companies of global size and heft through mergers and acquisitions among existing state-run players.…
(DJ) राजद अध्यक्ष लालू प्रसाद यादव ने राज्सभा से मायावती के इस्तीफे के बाद भाजपा पर कड़ा प्रहार किया है। साथ ही कहा कि है कि राजद मायावती के पक्ष में मजबूती से खड़ा है। हम मायावती जी को बिहार से राज्यसभा भेजने का काम करेंगे। लालू ने ट्वीट कर कहा कि राजद पूर्ण समर्थन के साथ बहन मायावती के पक्ष में मज़बूती से खड़ा है।वंचितो की आवाज़ कुचलने के भाजपाई इरादों का हम पुरज़ोर विरोध करते है। अगर दलितों के प्रतिनिधि को उनके ही मसले पर ही संसद में नहीं बोलने दिया जाएगा तो यह लोकतंत्र और संविधान का अपमान है। हम…
(Energy World) Uttar Pradesh tops the list of states which have recorded the highest number of cases of petrol sales fraud committed at retail stations through the tempering of dispensing units using high-end chips, according to the oil ministry. UP is followed by Gujarat and Madhya Pradesh in the highest number of such cases reported in the past two-and-a-half years, according to information shared by the oil ministry in response to a question asked in Parliament on 17 July. A total of 101 cases of petrol/diesel theft across the country have been reported in the last two and half years…