The government is planning a “holistic strategy” to find “long-term solution” to spike in petrol and diesel prices triggered by a spurt in international rates, Oil Minister Dharmendra Pradhan said today. He did not share any details of the strategy. Petrol and diesel prices were today hiked for the 15th day in a row, taking […]
Day: May 28, 2018
Government looks to stick it out as global crude oil prices lose steam
Faced with a tough political call over high fuel prices, the Modi government is looking to stick it out, calculating the global rally in crude is likely to lose steam and this will ease the squeeze consumers are currently experiencing. Well-placed sources said while high fuel prices were problematic, the government may be reluctant to […]
Ujjwala has led social change, 45% of beneficiaries dalits and tribals: PM
Prime Minister Narendra Modi on Monday said that the ‘Ujjwala Yojna’, a flagship welfare scheme of his government aimed at increasing LPG cylinder coverage among poor families, has led to a social transformation with over 45 per cent of its forty million beneficiaries being Dalits and tribals. In an interaction with the scheme’s beneficiaries, he […]
NTPC Q4 profit jumps 41% to Rs 2,925.59 crore
NTPC Ltd on Monday posted a 40.69% jump in its standalone net profit at Rs2,925.59 crore for the March 2018 quarter, mainly on the back of higher revenues. The company’s standalone net profit was Rs2,079.40 crore in the same quarter a year ago, NTPC said in a BSE filing. Total income on standalone basis for […]