Indian Oil Corp. Ltd’s strong performance for the quarter ended December will improve sentiment for the stock. The scrip has gained more than 8% post its results on Friday. Coming out of the lockdown, the oil marketing company (OMC) continues to see the benefits of improvement in auto fuel demand. Marketing margins on the sale […]
Category: Newspapers
Newspapers
Paradip-Barbil road to be turned into eight-lane highway: Dharmendra Pradhan
The 300-km-long Paradip-Barbil road will be converted into an eight-lane highway, said Union Minister Dharmendra Pradhan on Tuesday after a meeting with the Union Minister Nitin Gadkari and Odisha Chief Minister Naveen Patnaik through video conferencing to review the National Highway projects of Odisha at his residence here. Speaking to reporters after the meeting, Pradhan […]
Coal India signs ₹2,900 cr pact for procurement of dumpers
NEW DELHI : State-owned CIL on Wednesday said it has entered into a pact worth ₹2,900 crore with a Belarus-based mining equipment manufacturer for purchase of dumpers. The pact is for purchase of 96 dumpers of 240 tonne capacity each, Coal India Ltd (CIL) said in a statement. ”CIL on Saturday last formally signed a […]
Adani Total Gas posts record profit, in 3-year deal to import LNG
MUMBAI : Adani Total Gas Limited, the city gas distribution joint venture between India’s Adani Gas and French energy giant Total, has reached a three-year deal to import liquefied natural gas (LNG) from Total. The gas will be procured by Adani Total for sale in India to the company’s domestic and industrial customers, Adani Total […]
Power Dept staff to go on strike today
More than 15 lakh Power Department employees and engineers will go on strike tomorrow against the Electricity (Amendment) Bill proposed to be introduced in the Budget session of Parliament. On the call of the National Coordination Committee of Electricity Employees and Engineers, the Himachal Pradesh State Electricity Board Limited (HPSEBL) Employees Union will organise demonstrations […]
Air India launches direct flights to Rome, city residents elated
The launching of direct flights from the city to Rome by national carrier Air India for the months of February and March has been welcomed by residents. They have also urged the airline to continue these flights even after March 2021 as regular scheduled flights. Last month, Air India had announced to launch direct flights […]
Power demand touches all-time high of 189.64 GW on Saturday
Power demand touched an all-time high of 189.64 GW on Saturday, Power Secretary S N Sahai has said. “Power demand galloping. All India demand: 1,89,644 MW (189.64 GW) at 10.39 hrs today (January 30) crossed the previous highest all India demand of 1,88,452 MW (188.45 GW) on 28th January,” Sahai has tweeted.
Discrepancies in PM Ujjala Yojana
Days after huge discrepancies were detected in the implementation of Pradhan Mantri Ujjala Yojana in Pulwama, the authorities Tuesday sealed 90 LPG outlets in this south Kashmir district and registered a case against three gas agencies. The district authorities ordered an enquiry last week following the complaints of fraud and discrepancies in the PM’s Ujwala […]
No cut in excise duty on petrol, diesel
Petrol and diesel prices will not be cut as Finance Minister NirmalaSitharaman ignored calls for a reduction in excise duty rates to help bring down prices from historic high levels. Instead, her Budget for the 2021-22 fiscal tweaked excise duty structure to accommodate an agriculture infrastructure development cess, whose accruals would not be shared with […]
FM announces revival of gas pipeline in J&K
Union Finance Minister Nirmala Sitharaman Monday announced revival of a pending gas pipeline project in the newly created UT of J&K. The union finance minister made the announcement during her budget speech in the parliament today. The FM said a gas pipeline project will be taken up in the Union Territory of Jammu and Kashmir. […]
Union Budget-2021: Govt announces maiden Gas Pipeline Project in J&K
The union government on Monday announced the maiden gas pipeline project to be taken up in the union territory of Jammu and Kashmir. The mega project will be part of the union government’s plan to add 100 more districts of the country in next three years to the City Gas Distribution Network, Finance Minister, Nirmala […]
Beopar Mandal Baramulla seeks end to unscheduled power cuts
The Beopar Mandal Baramulla Tuesday sought immediate end to unscheduled power cuts which has turned the life of common people as well as the business community miserable. General Secretary Beopar Mandal, Baramulla, Tariq Ahmad Mughloo criticised the Power Development Department (PDD) over their failure to stick to scheduled supply of electric supply. He said that […]