(ET) Even as the Union Cabinet is getting all set to bless the mega ONGC-HPCL merger, ET Now exclusively learns that the Narendra Modi government has already zeroed in on another mega transaction between PSUs to create yet one more oil behemoth. According to sources, Indian Oil is in talks to buy out the government’s 66% stake in upstream major Oil India. This is all a part of the Modi government’s vision to create integrated oil and gas companies, and as as announced by the Finance Minister in his 2017 Budget speech. Sources told ET Now that the modalities of the…
Author: Aruna Sharma
(AU) एनडीए ने उपराष्ट्रपति पद के लिए केंद्रीय मंत्री वेंकैया नायडू को अपना उम्मीदवार घोषित किया है। बीजेपी के अध्यक्ष अमित शाह ने प्रेस कॉन्फ्रेंस में इस बात की जानकारी दी। इससे पहले बीजेपी संसदीय बोर्ड की बैठक हुई, जिसमें प्रधानमंत्री नरेंद्र मोदी सहित पार्टी के तमाम वरिष्ठ नेता मौजूद थे। बैठक में केन्द्रीय स्वास्थ्य मंत्री जेपी नड्डा ने नायडू के नाम का प्रस्ताव रखा, जिस पर तमाम नेताओं ने अपनी सहमति जताई। बैठक के बाद बीजेपी के अध्यक्ष अमित शाह ने बताया कि कल सुबह 11 बजे वो अपना नामांकन दाखिल करेंगे। शाह ने बताया कि बीजेपी और तमाम सहयोगी पार्टियों से विचार-विमर्श…
(PTI) The world’s biggest oil refinery -cum-petrochemical complex planned in Ratnagiri district of Maharashtra will cost Rs 2.7 lakh crore and take 60 months to build, Oil Minister Dharmendra Pradhan said today. State-owned Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) are building the integrated complex with a refining capacity of 60 million tonnes per annum at Babulwadi, Taluka Rajapur, Ratnagiri district. “The proposed refinery will produce gasoline (petrol) and diesel suitable for BS-VI (equivalent to Euro-VI emission norms). The refinery will be designed with flexibility in processing wide varieties of crude as well…
(BS) The second round of bidding for discovered small and marginal fields (DSF) in the petroleum sector is set to take place in October. “We are eyeing start-ups and small national and international companies. About 60 blocks will be on offer for the II round,” said an official. According to sources, the Directorate General of Hydrocarbons (DGH) has shortlisted these blocks, now before the ministry of petroleum and natural gas for clearance.India is the third largest consumer of petroleum products, after America and China. The country’s share of global demand is expected to grow from the current 5.5 per cent to nine per cent by 2035.The DSF rounds and…
(AU) देश के सर्वोच्च संवैधानिक पद के लिए सोमवार को राज्यों की 31 विधानसभाओं और संसद में वोट डाले जाएंगे। सुबह 10 बजे से शाम पांच बजे तक होने वाले मतदान में 4076 विधायक और संसद के दोनों सदनों के 776 निर्वाचित सांसद हिस्सा लेंगे। इस चुनाव में राजग उम्मीदवार रामनाथ कोविंद और विपक्ष की उम्मीदवार मीरा कुमार के बीच सीधा मुकाबला है। हालांकि राजग उम्मीदवार के पक्ष में अधिक दलों के आ जाने से बस इतनी उत्सुकता बची है कि हार और जीत का अंतर कितना होगा। मतदान से ठीक एक दिन पहले राजग उम्मीदवार कोविंद ने जहां गठबंधन के सांसदों को संबोधित किया…
(ANI) Marking fifty percent completion of the targets of Prime Minister Narendra Modi’s Ujjwala Yojana, Minister of State (Independent Charge), Petroleum and Natural Gas Dharmendra Pradhan on Saturday said that these are the days of prosperity for the Indian government and Indian women that such schemes are being announced. Pradhan was speaking at an event which saw President Pranab Mukherjee distributing LPG connections to Below Poverty Line (BPL) beneficiaries in his former Lok Sabha Constituency Jangipur.Pradhan, while addressing the audience, said that the yojana was started in Uttar Pradesh 14 months back on May 1, 2016, and was inaugurated by Prime Minister Modi.”These are the days of honour…
(PTI) The Samajwadi Party appears divided on the eve of the presidential election with camps led by its patron Mulayam Singh Yadav and party chief Akhilesh Yadav all set to vote for rival candidates, triggering possibility of cross-voting. Though the division in the party may not have any bearing on the election result, it will certainly complicate the family feud further, said an SP insider, requesting anonymity. The sharp differences in the SP on the issue of presidential nominee was clear right from the day Ram Nath Kovind was chosen as the NDA nominee. Soon after the announcement of Kovind s…
(Zee News) Petrol price was hiked by 0.08 paise and diesel by 0.08 paise, applicable from 6:00 a.m. on 15th July 2017. Under the dynamic pricing scheme, petrol and diesel prices are revised on a daily basis in sync with global crude oil prices.Prices of non-branded Petrol in metro-cities (Applicable from 6:00 a.m. on 16th July 2017) New Delhi 64.11 Kolkata 67.55 Mumbai 73.45 Chennai 66.57
(FE) The PM Narendra Modi government is working on a consolidation agenda with a view to creating 3-4 global-sized banks and reduce the number of state-owned lenders to about 12, an official said. The 21 public sector banks would get consolidated to 10- 12 in the medium term, the official said. As part of a three-tier structure, the official said, there would be at least 3-4 banks of the size of SBI, the country’s largest lender. Some region-centric banks like Punjab and Sind Bank and Andhra Bank will continue as independent entities while some mid-size lenders would also co-exist, the official added. Last…
(AU) यूपी विधानसभा में विस्फोटक मिलने के बाद विधान भवन की सुरक्षा बढ़ा दी गई है। सभी नौ गेटों पर लोहे के बुलेटप्रूफ केबिन लगाई गई है। वहीं, मामले में दो सपा विधायकों समेत अब तक 17 लोगों से पूछताछ हो चुकी है और कुल 49 लोग जांच के घेरे मे हैं। आईजी एटीएस असीम अरुण ने बताया कि जिन लोगों से पूछताछ हुई है उनमें सहायक मार्शल जोगिंदर सिंह पुंडीर के अलावा चार इंजीनियर, बीडीएस व डॉग स्क्वायड में तैनात दो सुरक्षा कर्मी, एक एसी आपरेटर और सात सफाई कर्मचारी शामिल हैं।