Daily Archives: March 13, 2018

India’s oil imports from Venezuela hit lowest in over 5 yrs

Indian imports of oil from Venezuela have fallen to their lowest levels in over half a decade, shipping and industry data showed, as a severe economic and political crisis hits crude output in the South American OPEC member. India’s oil imports from Venezuela averaged around 300,000 barrels per day (bpd) between November, 2017 and February,

Final hearing in Cairn Energy tax issue in August

Final hearing in Cairn Energy Plc’s challenge to a Rs 10,247 crore retrospective tax demand raised by India will begin in August in The Hague, the British firm said today. The three-member international arbitration tribunal “has stated that it will make appropriate arrangements to progress with the drafting of the award as expeditiously as possible

NGT directs CPCB to submit report on Anpara thermal power plant

The National Green Tribunal has directed the Central Pollution Control Board (CPCB) to submit report on the emission standards of the Anpara thermal power plant located at Sonbhadra district in Uttar Pradesh. A bench headed by Justice Jawad Rahim reteirated its earlier direction and asked the apex pollution monitoring body to file the report by

Aircraft grounded only for passenger safety, says Suresh Prabhu

The DGCA decision to ground certain A320 neo aircraft with faulty engines is “only for passenger safety”, Civil Aviation Minister Suresh Prabhu said today and expressed hope that airlines would restore the flights as soon as possible. The aviation regulator’s move has resulted in flight cancellations by IndiGo and GoAir as the two airlines have

RS 60 CR SPENT TO DEVELOP BAGRODA INDUSTRIAL AREA

Industrial Minister Rajendra Shukla said that about Rs 60 crore have been spent on infrastructure development works to develop Bagroda industrial area near Bhopal. Bagroda industrial area has fully developed infrastructure for industries. This industrial area will be recognized as a leading industrial area in the state. Shukla was here to inaugurate the Rs 25

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