(TH) Bharat Petroleum Corporation Limited (BPCL) has paid ₹5 crore to Kochi Corporation as part of an agreement connected with the grant of permission to replace its old pipeline from the South Tanker Berth Jetty to BPCL Kochi Refinery. A cheque for ₹5 crore was handed over to Mayor Soumini Jain by Prasad K. Panicker, Executive Director, BPCL Kochi Refinery, on Saturday, in the presence of K.V. Thomas, MP; Hibi Eden, MLA; and others, said a release issued here. The new 20-inch insulated pipeline that is to replace the old 30-inch crude pipeline would help Kochi Refinery transport not only…
Author: Aruna Sharma
(NDTV) Bhadla village on the fringes of the Thar Desert about 200 km from Rajasthan’s famed Jodhpur city wasn’t on the tourist map and nobody ever went there. It only made headlines for extreme heat, temperatures that went up to 52 degrees in the summer. But the sun’s bounty is now helping change the lives of the people. It is the heart of India’s clean energy push, home to the Bhadla Solar Park. A recent auction of solar power to be generated at a new 250 megawatt plant was recently auctioned for just about Rs. 2.62 for every unit, or…
(PTI) Oil Ministry may block any attempt by state-owned GAIL, IOC, ONGCand BPCL to buy 10 per cent stake of France’s GDF International in Petronet LNG Ltd as it is keen to keep the liquefied natural gas importer a private limited company. GDF, a unit of French energy giant Engie SA, has written to sell its entire stake in Petronet to the company’s principal promoters — gas utility GAIL India Ltd, explorer Oil and Natural Gas Corp (ONGC) and refiners Indian Oil Corp (IOC) and Bharat Petroleum Corp Ltd (BPCL). At present, the four companies hold 49.99 per cent stake…
(HT) दिल्ली की पटियाला हाउस कोर्ट स्थित स्पेशल सीबीआई कोर्ट ने सोमवार को कोयला घोटाले में दोषी पूर्व कोयला सचिव एच सी गुप्ता, कोयला मंत्रालय के तत्कालीन संयुक्त सचिव के एस क्रोफा और तत्कालीन निदेशक के सी समारिया को दो साल जेल की सजा सुनायी। हालांकि तीनों दोषियों को एक-एक लाख रुपये के निजी मुचलके पर तत्काल जमानत भी मिल गयी। यूपीए सरकार के समय मध्यप्रदेश के थेसगोड़ा-बी रूद्रपुरी कोयला ब्लॉक के आवंटन घोटाले में गुप्ता, क्रोफा, समारिया और कंपनी केएसएसपीएल और उसके प्रबंध निदेशक पवन कुमार आहलूवालिया को दोषी करार दिया गया था। दो साल जेल की सजा पाए आहलूवालिया को…
(FE) Pension fund managers will now have more investment options, with InvITs finally becoming a reality after two years and REITs in the offing. Pension regulator PFRDA has created a separate asset class for investment under which the funds can be invested into newly created trusts InvITs and REITs. PFRDA has issued a revised investment guidelines for National Pension System (NPS) schemes (for private sector), which came into effect from May 8, said a PTI report. The revised guidelines comes in the backdrop of two Infrastructure Investment Trusts (InvITs) hitting capital market to raise funds. Real Estate Investment Trusts (REITs)…
(AU) प्रधानमंत्री नरेंद्र मोदी आज से यानि सोमवार के गुजरात के दो दिवसीय दौरे पर जा रहे हैं। इस दौरे को इस साल होने वाले विधानसभा चुनावों से जोड़ा जा रहा है। चुनाव की तैयारी में पीएम मोदी का लग जाना इस बात से साफ है कि वे इस साल में तीसरी बार गुजरात दौरा कर रहे हैं।इससे पहले वे हाल ही में गुजरात के सूरत पहुंचे थे। मीडिया रिपोर्ट्स के मुताबिक पीएम मोदी कच्छ जिले में जनता को संबोधित करेंगे। वे इस दौरान कई महत्वपूर्ण योजनाओं की घोषणा भी कर सकते हैं। बताया जा रहा है कि पीएम मोदी…
(PTI) After two days of discussion, the Maharashtra Assembly on Monday unanimously cleared the Goods and Services Tax (GST) ratification bill, paving the way for a uniform tax rates for goods and services across India from July 1. The bill will now be sent to the legislative council for approval and is expected to get the upper house’s nod on Monday itself. State finance minister Sudhir Mungantiwar said the new tax regime would help strengthen Maharashtra’s economy and would also eliminate the tax terrorism being faced by the common people. Mungantiwar claimed that the state’s economy was strong enough to…
(PTI) Triple talaq is inhumane, unconstitutional and a tool to exploit women and hence must go, Uttarakhand Chief Minister Trivendra Singh Rawat has said. “The arguments during the triple talaq issue hearing in the Supreme Court makes it clear that such a practice is not justified under Shariat law,” Rawat told PTI. Women constitute one half of society and this section is being “exploited”, he said, adding that the practice must end forever. Saying that triple talaq was neither humane nor constitutional, the chief minister said, “It (triple talaq) can’t be supported because it is against humanity. It is nothing but cruelty…
(PTI) Oil Ministry may block any attempt by state-owned GAIL, IOC, ONGC and BPCL to buy 10 per cent stake of France’s GDF International in Petronet LNG Ltd as it is keen to keep the liquefied natural gas importer a private limited company. GDF, a unit of French energy giant Engie SA, has written to sell its entire stake in Petronet to the company’s principal promoters — gas utility GAIL India Ltd, explorer Oil and Natural Gas Corp (ONGC) and refiners Indian Oil Corp (IOC) and Bharat Petroleum Corp Ltd (BPCL). At present, the four companies hold 49.99 per cent stake…
(PTI) The Election Commission has told a parliamentary committee that it does not support state funding of elections but instead seeks “radical” reforms in the way funds are spent by political parties. State funding of polls imply the government providing funds to parties and candidates to fight elections, replacing the existing system of ploughing in private or party funds for the job.”The Election Commission is not in favour of state funding as it will not be able to prohibit or check candidates’ own expenditures or expenditures of others over and above that which is provided by the state (government). “The Election…