Oil jumps 2 percent on expectations of production cuts

Oil prices rose more than 2 percent on Tuesday, extending gains ahead of expected output cuts by producer cartel OPEC and a mandated reduction in Canadian supply. Brent crude oil rose $1.55 or 2.5 percent to a high of $63.24 by 0955 GMT. U.S. light crude was $1.25 higher at $54.20. Both benchmarks climbed around […]

Petrol, diesel to soon cost less in Delhi than UP

Petrol and diesel may soon again become cheaper in Delhi as compared to adjoining cities of Uttar Pradesh as ad valorem duty structure has translated into a bigger reduction in daily prices in the national capital. While petrol and diesel traditionally have been cheaper in Delhi than most states in the country, due to lower […]

Central Electricity Supply Utility covers Odisha’s targeted areas under Saubhagya

BHUBANESWAR: The Central Electricity Supply Utility (CESU) has achieved 100 per cent saturation of household electrification in its area of operation under the Central-sponsored Saubhagya scheme.The utility has completed electrification of 5,39,270 unelectrified households under Electricity for All programme as on November 2018, one month ahead of the target fixed by the State Government.