Power and automation technology firm ABB India is looking to expand its facilities to cater to growing demands from railways and also increasing focus on renewable energy space, a top company official said today. The company said it spends about USD 100 million on its business in the country every year, ABB India Managing Director […]
Noting that Reliance Industries (RIL) has successfully commissioned both the world’s largest paraxylene and off-gas cracker facilities at its refinery in Jamnagar in Gujarat, Chairman Mukesh Ambani said on Thursday that the company is looking at delivering natural gas from its KG Basin offshore project by 2020. Addressing RIL’s 41st Annual General Meeting here, Ambani […]
China’s ambitious push to use biofuel in cars nationwide by 2020 is in doubt amid concerns about supplies of raw material such as corn, complicated by an escalating trade dispute with Washington, producers and analysts say. In September last year, the government outlined radical plans to roll out the use of ethanol in gasoline nationally […]
Oil prices fell on Thursday after U.S. President Donald Trump sent a strident tweet demanding that OPEC cut prices for crude. The escalating trade row between Washington and Beijing, which triggered another sell-off in Asian stocks on Thursday, was also felt in oil markets, with China warning it could introduce duties on U.S. crude imports […]
The power tariff in West Bengal remained unchanged for 2017-18 despite rise in fuel costs, the state’s Electricity Regulatory Commission (WBERC) said today. “After review, we have not increased the tariff for 2017-18 keeping the interest of consumers in mind, in spite of huge pressure from the major utilities to increase the tariff,” WBERC chairman […]
In a U-turn, Gulf carrier Emirates on Wednesday scrapped its decision to discontinue ‘Hindu meal’ on its flights citing customer feedback.
The government has decided to “wait and watch” for the next three-four months before taking a call on disinvestment of national carrier Air India due to prevalent market condition specially high fuel prices, Union Minister Nitin Gadkari said on Wednesday.
Four people of a family were injured in a suspected LPG cylinder blast in their house in Hussaini Garden, in the MSK Mill area of Kalaburagi city, on Tuesday.
Calcutta: Coal India has urged thermal power plants not to cut their offtake during the rainy season. Coal mining and inventory management are a key challenge during the monsoon months for both consumers as well as miners as moisture affects quality and heavy rain can disrupt production.
New Delhi: India is hoping to tap the window the US has offered for countries to continue buying oil from Iran on a case-by-case basis, provided they reduced imports, after Washington ruled out waivers for Delhi in its sanctions against imports from Tehran.
Oil prices fell on Thursday after US President Donald Trump sent a tweet demanding that OPEC reduce prices for crude. Brent crude futures were at $77.78 per barrel at 0137 GMT, down 46 cents, or 0.6 percent, from their last close.
Agartala: The Union cabinet on Wednesday decided to rename Agartala airport after Tripura’s last reigning king Maharaja Bir Bikram Kishore Manikya Bahadur.