Though oil refiner-retailer HPCL was taken over by ONGC in January this year, the former is yet to recognise the upstream major as its promoter in the mandatory quarterly filings with the stock exchanges.
State-run oil marketing companies (OMCs) classified a section of loans provided to beneficiaries of the Pradhan Mantri Ujjwala Yojana (PMUY) in FY18 as ‘doubtful’ as recipients did not ask for LPG refill for a year.
The Indian Railways’ (IR) debt servicing costs are set to rise at a much faster clip starting FY21 and might more than double in five years from now as repayment obligations concerning Dedicated Freight Corridor Corporation
Railway passengers often complain about smelly blankets and dirty bedsheets provided in air-conditioned coaches, but they are not too happy with the alternative either, which is new bedding for which they have to pay.
The NITI Aayog has suggested to the Ministry of Petroleum and Natural Gas that eligible beneficiaries receiving subsidy on liquefied petroleum gas (LPG) should rather be given a 'cooking subsidy' through direct benefit transf
In further relief to Indian Railway Catering and Tourism Corporation (IRCTC), the finance ministry has decided to pay Rs 120 crore to the railways arm to offset the losses due to waiver of service charge on tickets booked onl
After a lot of deliberations with the ministry of finance and Niti Aayog, the ministry of railways has finally sent a note to the Cabinet on the ambitious station redevelopment programme, revamping the process approved earlie
India is rapidly working towards realising its vision of affordable and accessible 24x7 power. Already the third-largest conventional energy producer, India is building the world’s largest solar plants to achieve 175 GW of
Though taxes are around 100% of the ‘base price’ of petrol or half the retail price (the case of diesel is comparable) and both the Centre and state governments treat the two auto fuels as a milch cow, it is only the stat
With oil turning costlier relentlessly — Brent crude went past $80 a barrel on Thursday, up 3.3% from a week ago and a three-and-half-year high, taking the cost of Indian basket to a prohibitive $76 a barrel — and the rup
Bengaluru-based GEM Laboratories has been told by the Directorate General of Hydrocarbons that its demand for allocation of a new hydrocarbon field, instead of Neduvasal in Tamil Nadu awarded under the first round of the Disc