(FE) In a setback to the state government, the Orissa High Court today passed an order to “keep in abeyance” a demand notice of VAT recovery from Indian Oil Corporation Limited. The state government in February had asked the IOCL to deposit tax of Rs 1485.98 crore for the sale of finished products from its Paradip Refinery project, which was commissioned in November, 2015. A division bench of justices Indrajit Mahanti and Biswajit Mohanty while adjudicating over a petition, filed by IOCL, also ordered the high-level working group formed under the chairmanship of Union Petroleum and Natural Gas Ministry to…
Author: Aruna Sharma
(FE) To further augment the country’s oil and gas production capacity, the second round of the discovered small field (DSF) auction and a policy to incentivise enhanced oil recovery (EOR) will be launched soon, petroleum minister Dharmendra Pradhan said on Wednesday. The government will also push fledgling fields into production enhancement contracts. Emphasizing that the world is analysing the Indian energy market and 30% of the incremental energy demand is going to come from India, Pradhan said the country is in a position to influence the world energy prices.
(HT) Uttar Pradesh BJP chief and contender for chief minister Keshav Prasad Maurya was on Thursday admitted to the intensive care unit of Dr Ram Manohar Lohia Hospital in New Delhi. “He had cough, cold and fever and felt uneasy. His blood pressure had shot up. So, as per standard protocol, he was admitted to the ICU,” said Dr AK Gadpayle, medical superintendent of the hospital.
(News18) UP BJP President Keshav Prasad Maurya, who was considered one of the frontrunners for the post of Chief Minister, may be out of the reckoning. The party’s national president, Amit Shah, on Thursday said he had given Maurya the responsibility of “selecting the next Chief Minister”.Maurya is like Prime Minister Narendra Modi in more ways than one. A dedicated RSS worker who rose through ranks, sold tea at his father’s tea stall as a child and hails from an OBC background. At just 47, Maurya has emerged as one of the tallest leaders in the UP BJP in a…
(FE) Following their embarrassing defeats in Uttar Pradesh and Uttarakhand and not being able to form governments in Goa and Manipur due to poor decision making, the fault lines in Congress seem to have widened. Two of the former Congress Minister spoke against the party leadership accusing it of living in a culture of sycophancy. Kishore Chandra Deo, tribal affairs and Panchayati Raj Minister said that Rahul Gandhi had to get a dozen people around him removed. It was necessary for him to survive, he told IE. Former Law Minister Ashwini Kumar that the grand old party must accept its…
(FE) Indian Oil Corp became India’s first refiner to buy light sweet Hibernia crude from Canada’s largest oil company, doing the deal after the opening of the arbitrage for Canadian oil to flow to Asia. A decision by the Organization of the Petroleum Exporting Countries (OPEC) to cut output strengthened Middle East benchmark Dubai against other regional markers, allowing oil from the Americas and Europe to be shipped to Asia at competitive prices. Production in North America, led by U.S. shale output, is increasing after supply cuts by OPEC and non-OPEC countries pushed oil prices to above $50 a barrel.…
(HT) भाजपा संसदीय दल की बैठक में पार्टी के शीर्ष नेताओं ने 2019 में होने वाले लोकसभा चुनाव के लिए पार्टी की रणनीति का खाका खींचा जहां प्रधानमंत्री नरेन्द्र मोदी ने बीजेपी नेताओं से युवाओं को जोड़ने और उनके बीच पैठ बनाने को कहा।अनंत कुमार ने बताया कि बीजेपी संसदीय दल की बैठक में प्रधानमंत्री ने कहा कि युवाओं को सरकार के अच्छे कामों का राजदूत बनाया जाना चाहिए। बैठक में अमित शाह ने कहा कि 2019 के लोकसभा चुनाव अहम है। उनके लिए तैयार रहना है। जो जीत हुई है उससे आगे बढ़ना है। पीएम मोदी ने बीजेपी सदस्यों…
(FE) After five days of drama and speculation, BJP is set to name Rajnath Singh as the new Chief Minister of Uttar Pradesh. The news was confirmed by a top BJP source who revealed that Dinesh Sharma and Siddharth Nath Singh were the other two leading contenders but the top leaders selected the Home Minister Rajnath Singh for the spot. The source also confirmed that Home Ministry which is currently being headed by Singh will be given to the current Finance and Defence Minister, Arun Jaitley. This decision will bring a completely new look to Narendra Modi’s cabinet as Piyush Goyal…
(BS) Cricket legends Ian and Greg Chappell are among 90 prominent Australians who have signed an open letter calling on Indian energy giant Adani to abandon its controversial coal mine project in Queensland, warning it could damage bilateral ties and even affect sporting links. The 21.7 billion dollar Carmichael coal mine project, one of the world’s largest, to start construction this year after being given the green light by the federal and Queensland state governments. The project involves dredging 1.1 million cubic metres of spoil near the Great Barrier Reef Marine Park, which will then be disposed off on land. The letter…
(PTI) The BJP top brass set the tone for the 2019 Lok Sabha polls at its Parliamentary Party meeting today with Prime Minister Narendra Modi asking party leaders to reach out to the youth.BJP chief Amit Shah said the parliamentary elections are the next big challenge for the party following its win in the recently concluded state polls. The first BJP Parliamentary Party meeting after the announcement of the assembly polls results was an occasion for celebration, thanksgiving and mapping out the path ahead for the party.Keeping up with its outreach to Dalits, a substantial chunk of whom is believed…