Indian Railways is all set to float a global tender of 7.5 lakh tonne (likely worth around Rs 4,000 crore). It is faced with a dilemma to whether reduce its targets for commissioning of new lines so as to meet the planned tr
The Niti Aayog has denied ‘permission’ to state-run Oil India (OIL) to venture into the country’s reinvigorated city gas distribution (CGD) business, arguing that exploration companies must focus on their core activitie
Concerned over the continuous fall in crude oil production by ONGC, the government has asked the state-run explorer for detailed, time-bound work plans regarding as many as 86 PML areas awarded to it, where production is yet
In the first round of the OALP, a critical part of the Hydrocarbon Exploration Licensing Policy (HELP), launched in March 2016, explorers had shown interest in 55 blocks. However, according to sources, only 12 EoIs have been
Financially-overburdened Indian Railways (IR) is set to face hefty bills from the Dedicated Freight Corridor Corporation of India (DFCCIL) starting 2020-21 as the transporter has to pay the latter track access charges (TACs).
While the railways has sweetened the package for private developers seeking to grab its station redevelopment projects, the plan has run into a hurdle as the MoHUA has asked a Cabinet note in this regard.
In a bid to improve the quality of services offered by vendors for containerized movement of cargo at the first and last mile, state-run Container Corporation of India (Concor) has roped in Tata Consultancy Services (TCS) to
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