Japan’s Toshiba Corp will exit its U.S. liquefied natural gas (LNG) business by paying China’s ENN Ecological Holdings Co wmore than $800 million to take over the unit as part of a plan to shed money-losing assets. The sale is the disappointing culmination of a venture that puzzled analysts when it was announced in 2013. […]
Varanasi to get a national highway boost! On November 12, two national highways at a total length of 34 kilometres and constructed at a cost of Rs 1,571.95 crore will be inaugurated by Prime Minister Narendra Modi in Varanasi. The Varanasi Ring Road Phase-I, covering a distance of 16.55 km has been completed at a […]
State-owned gas utility GAIL (India) Ltd Thursday said it has purchased steel pipes worth Rs 11 billion for laying the Barauni-Guwahati gas pipeline, putting on fast track the implementation of the project that will connect the north-east with the national gas grid. Work on the 729-km pipeline, which will act as a branch line from […]
Oil prices rose on Thursday after record Chinese crude imports eased concerns that a slowdown in the world’s No.2 economy could stoke an emerging fuel glut. However, oil markets were held back somewhat after the United States became the world’s top crude producer as its output hit record levels. Front-month Brent crude oil futures were […]
An expert committee set up to recommend relaxing norms for setting up petrol pumps and retailing ATF in India has sought public comments on the issue before finalising its views. The Oil Ministry had last month set up a five-member expert committee to recommend easing of fuel retailing licensing rules. “The first meeting of the […]
President Donald Trump said he gave temporary exemptions to India and seven other major importers of Iranian oil as they sought US’ “help” and he did not want to drive oil prices “up to $100 a barrel or $150 a barrel”. The US on Monday imposed “the toughest ever” sanctions on a defiant Iran aimed […]
China’s total nuclear capacity is expected to reach 120-150 gigawatts (GW) in total by 2030, a senior industry official said on Thursday, more than triple the current rate but still lower than previous forecasts after a slowdown in new approvals. The prediction was made by Yu Jianfeng, chairman of the government-run China National Nuclear Corporation […]
Aviation regulator DGCA has asked Jet Airways and SpiceJet to take corrective action to address possible issues with their Boeing 737 MAX planes that could lead to “significant altitude loss” of the aircraft, a senior official said Thursday. The latest directive follows advisories issued by US watchdog Federal Aviation Administration (FAA) and Boeing regarding the […]
Oil regulator PNGRB Thursday put up for bidding 50 cities including Gwalior in Madhya Pradesh, Mysore in Karnataka, Ajmer in Rajasthan and Howrah in West Bengal for grant of licence to retail CNG and piped natural gas. The Petroleum and Natural Gas Regulatory Board (PNGRB) offered 50 geographical areas (GA), carved out by clubbing adjoining […]
A green panel under the union environment ministry has recommended action against Bhubaneshwar Power Pvt Ltd (BPPL) for violating environment clearance (EC) norms with regard to transportation of coal by road, as per an official document. The panel has said that BPPL must immediately stop road transport of coal from Talcher (97km) to its thermal […]
Central administrative tribunal chairman Justice L. Narasimha Reddy on Tuesday said he was not allowed to board an IndiGo flight from Hyderabad despite having a boarding pass, prompting an apology from the airline the former judge branded “a rogue in the air”.
Calcutta airport appears to have been rid of its pesky trolley touts, although there is still no escaping the purveyors of wheelchairs for a fee and taxi rides with fares that shock.