Indian Railways is looking to reduce its import dependence on Russia, China and European countries for forged wheels for its trains and locomotives. The national transporter has been importing forged wheels from the Czech Republic, Brazil, Romani, Japan, China, Ukraine, Russia and the UK since the 1960s. The supply for wheels was hit last year […]
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IOC to float arm for low carbon energy business
NEW DELHI: State-run Indian Oil Corporation on Wednesday said it will set up a wholly-owned subsidiary to consolidate all new and low-carbon energy businesses under a single umbrella to speed up net its zero journey. “We plan to offer a diverse portfolio of both molecules and electrons. While we look to diversify our existing petroleum […]
EIL eyes N-power, defence to expand portfolio beyond oil
NEW DELHI: Engineers India Ltd is looking at nuclear power and defence sectors as the state-run engineering, procurement and construction company seeks to expand its portfolio beyond oil, gas and petrochemicals for the next phase of growth, CMD Vartika Shukla said on Wednesday. The company has already forayed into fertilisers, petrochemicals and has green hydrogen […]
State-run EIL eyes nuclear power, defence business
NEW DELHI: Engineers India (EIL) is looking at nuclear power and defence sectors as the state-run engineering, procurement and construction company seeks to expand its portfolio beyond oil, gas and petrochemicals for the next phase of growth, chairman & MD Vartika Shukla said on Wednesday. The company has already forayed into fertilisers, petrochemicals and has […]
RIL shifts its oil traders to Dubai from Mumbai
Reliance Industries (RIL) has shifted most of its oil traders from Mumbai to Dubai, executing a plan announced in 2021, but which now coincides with the city’s growing stature as a commodities hub after Russia’s war. Most of the refiner’s oil procurement and trading are now conducted out of the UAE’s biggest city, said sources. […]
Indian Railways’ Bharav Gaurav train to embark on 18-day ‘Shri Ramayana Yatra’ on April 7
Indian Railways will launch an 18-day “Shri Ramayana Yatra” through a Bharat Gaurav Deluxe AC Tourist train to promote pilgrimage tourism, officials said on Wednesday. The train will start its journey from Delhi’s Safdarjung Railway Station on April 7 and cover prominent places associated with the life of Lord Rama, they said. The proposed train […]
Ticket inspector suspended for ‘misbehaving’ with woman at Bengaluru railway station
The South Western Railway (SWR) said it had suspended a ticket inspector for misbehaving with a woman passenger when she was getting off a train at the KR Puram station on Tuesday. Santosh, a deputy chief ticket inspector at the KR Puram railway station, allegedly pulled the woman as she got off the Howrah-SMVT Bengaluru […]
TMC MPs hold protest in Parliament premises over rising prices of LPG Cylinders
Trinamool Congress MPs on March 15 staged protest in Parliament over the rising price of LPG cylinders. The MPs staged demonstration in front of the Mahatma Gandhi statue and raised slogans putting forward their demands.
India’s opaque purchases of Russian oil emerge as sanctions test
En route to New Delhi this month, US officials proclaimed themselves satisfied that India is buying Russian oil below G-7 price caps designed to undercut Moscow’s war in Ukraine without disrupting global energy flows. Market experts — and even some of those involved in the energy trade — say it’s not so clear. India’s consumption […]
SCO nations bat for freedom to choose low-carbon energy source
Each country must have the freedom to choose low-carbon energy sources, India, China, Russia, Pakistan and four Central Asian nations jointly stressed on Tuesday, even as they agreed to explore joint emerging fuel projects. India and seven other Shanghai Cooperation Organisation (SCO) member nations agreed on the importance of emerging fuels, like hydrogen, biofuel and […]
No load-shedding in Karnataka till May, say power supply companies
The Energy department has directed the Electricity Supply Companies (Escoms) in the state to put in place measures to ensure uninterrupted power supply during summer. While power cuts during summer were expected, Escoms announced that there will be no load-shedding this summer, citing the interests of students facing SSLC and PUC exams. The decision was […]
Russia wants to recover US drone debris from Black Sea
Russian authorities say that they will try to recover the fragments of a US surveillance drone that American forces brought down in the Black Sea after an encounter with Russian fighter jets. Nikolai Patrushev, the secretary of Russia’s Security Council, said in remarks televised Wednesday that Russia planned to search for the drone’s debris. “I […]