Author: Aruna Sharma

(TH) The oil ministry has proposed to the Cabinet that coal-bed methane (CBM) gas producers be given pricing freedom and allowed to price the fuel at market rates. This will help operators quickly put in production the CBM blocks they hold and reverse the trend of investors relinquishing coal-seam blocks due to viability issues of current pricing. If approved, the move will benefit Reliance Industries, which has two blocks in Madhya Pradesh that are in the process of starting production. Besides, ONGC and Essar Oil will benefit as it will help them put their acreage into production quickly. Interestingly, of…

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(Prabhat Khabar) भाजपा के वरिष्ठ नेता व राज्य के पूर्व उपमुख्यमंत्री सुशील कुमार मोदी ने कहा कि बिहार में जदयू-राजद और कांग्रेस का कथित महागंठबंधन बिखराव की ओर अग्रसर है. उन्होंने कहा कि वैशाली के राघोपुर में आयोजित सरकारी कार्यक्रम से न केवल सीएम नीतीश कुमार की तसवीर गायब थी. बल्कि चारो तरफ राजद के झंडे लहरा रहे थे. राजद के अलावा सरकार में शामिल सहयोगी दल जदयू व कांग्रेस के किसी मंत्री व विधायक तक को कार्यक्रम में आमंत्रित नहीं किया गया था. इसी प्रकार सीएम के यात्रा कार्यक्रम में भी कहीं उपमुख्यमंत्री शामिल नहीं हुए. मोदी ने कहा कि…

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(TH) Chockalingam, Chinnaiyan, Vasanthi and Saraswathy, along with six others, are planning to tell the locals of Neduvasal in Tamil Nadu what ONGC’s oil and gas business is all about. No, they are not real persons, but fictitious characters, who are going to demystify the whole concept of hydrocarbon exploration and production in the country. Accused of not connecting with the locals about the oil and gas exploration activity, ONGC has decided to use a Karaikal-based popular street play troupe to create awareness.“We have been working on it. In the next few days, we will start holding nukkad nataks. In fact,…

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(FE) The Union Cabinet is likely to consider tomorrow a draft amendment bill which seeks to double the ceiling of tax-free gratuity to Rs 20 lakh under the Payment of Gratuity Act. Besides, the bill seeks to enable the central government to change the ceiling for tax free gratuity after factoring in rise in income levels by an executive order bypassing Parliament route to amend the law. “The bill to amend the Payment of Gratuity Act is likely to be considered and approved by the Union Cabinet in its meeting scheduled tomorrow,” a source said. After the amendment in the…

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(NDTV) अब तक एटीएम से ‘चिल्ड्रन बैंक ऑफ इंडिया’ के नोट निकलने के मामले सामने आ रहे थे, अब इन नोटों को बैंक में जमा करने की कोशिश का मामला सामने आया है. यह मामला हैदराबाद में सामने आया. पुलिस ने यह कोशिश करने वाले को हिरासत में ले लिया है. दो हजार और 500 रुपये के नए नोट प्रचलन में आने के बाद ‘चिल्ड्रन बैंक ऑफ इंडिया’ लिखे हुए नोट बाजार में बिकने लगे हैं. इन नोटों को वैसे तो बच्चों के खेल के लिए प्रयुक्त किया जाता है, लेकिन असली नोटों से काफी हद तक मिलते-जुलते इन नोटों…

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(FE) State Bank of India (SBI) today announced a one-time farm loan settlement scheme worth Rs 6,000 crore primarily for tractors. “One Time Settlement (OTS) announced for #Agriculture #Loans! Scheme valid until 31st March. Contact your branch for details & benefits,” the nation’s largest lender said on the microblogging site Twitter today. Managing director Rajnish Kumar told CNBC-TV18 the scheme will result in the bank taking a 40 per cent haircut on outstanding tractor loans as of September 2016. SBI’s total farm loan portfolio is Rs 1.25 trillion and Kumar said the tractor loan book is about Rs 6,000 crore.He said…

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(NBT) पाकिस्तान के प्रधानमंत्री नवाज शरीफ ने कहा है कि जबरन धर्मांतरण और दूसरे धर्मों के पूजा स्थलों पर हमला करने को इस्लाम में अपराध माना गया है। शरीफ ने यह बात होली पर आयोजित एक समारोह के दौरान कही। उन्होंने जोर देकर कहा कि पाकिस्तान किसी धर्म के खिलाफ नहीं है और यहां धर्म को लेकर कोई लड़ाई भी नहीं है। पाकिस्तान में हिंदू मंदिरों पर हमले और हिंदू महिलाओं के जबरन धर्मांतरण की कई घटनाएं होती रही हैं। ऐसे में प्रधानमंत्री शरीफ का यह बयान काफी अहमियत रखता है। होली पर हिंदुओं को शुभकामनाएं देते हुए नवाज ने…

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(PTI) The government needs to bail out large corporate borrowers at times in a capitalist system though it may lead to charges of cronyism, Chief Economic Adviser Arvind Subramanian has said, while supporting the idea of a ‘national bad bank’. Conceding that bailing out big borrowers will lead to the allegations of corruption and crony capitalism, he underlined that at times there is no other way to solve the problem but to write off the mountain of debt. The Non Performing Assets (NPAs) or bad loans in the banking system, particularly state-owned lenders, more than doubled to Rs 6.95 trillion (Rs…

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(PTI) Uttar Pradesh BJP legislature party is likely to meet here on March 16 to decide who would be the next chief minister of the key Hindi heartland state, days after the party’s landslide victory. The saffron party is set to return to power in the state after a decade-and-a-half. The party’s central observers, Union Minister M Venkaiah Naidu and BJP general secretary Bhupendra Yadav, would be present at the meeting.The secretary of the Parliamentary Board and Union Minister J P Nadda had said after its meeting on Sunday that BJP chief Amit Shah has been authorised to choose the next…

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(ET) Manohar Parrikar was today sworn in as the new Goa chief minister. He will have to take the floor test on Thursday. The swearing-in ceremony was attended by top leaders of BJP, including Amit Shah, Nitin Gadkari and Venkaiah Naidu. Eight other ministers also took oath. Earlier in the day, the Supreme Court refused to stay the swearing in ceremony of Parrikar but asked the Goa governor to conduct the floor test on March 16; the governor had earlier given 15 days to 15 days to the BJP to prove its majority in the newly elected Goa assembly. Congress had…

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