Amid reports that GAIL (India) may be split into marketing and gas pipeline verticals, Indian Oil (IOC)—which has shown interest in acquiring the gas utility—reckons that either divisions or the total business of GAIL off
Almost a year after petroleum minister Dharmendra Pradhan tweeted that the ministry of petroleum and natural was exploring ways for home delivery of motor fuels, a pilot is expected to be started soon as required permissions
Budget 2018: Finance secretary Hasmukh Adhia has already gone on record to state that if crude hardens, the government would indeed consider cutting the excise duties on petrol and diesel to give relief to consumers and avoid
Budget 2018: "The Mumbai transport system, which is the lifeline of the city, will be expanded and augmented to add 90 km of double line track at the cost of Rs 11,000 crore. An additional 150 km of suburban network is also b
Budget 2018: While the Indian Railways got a three-fold hike in its capex at Rs 1,46,500 crore as compared to 2013-14, the key area of concern remains its deteriorating operating ratio which in the revised estimates for FY18.
The latest decision by the Indian Railways to rationalise the tariff structure for coal transportation is expected to benefit independent power producers (IPPs) with a generation capacity of about 22,000 mega watt (MW).
Investment by Indian exploring companies in Mozambique gas field is unlikely to see any returns till 2022. This is due to instability in the host nation and not-so-keen approach by other consortium partners and no signs of a
In comparison, around 20,000, or 36%, retail outlets across the country of the 55,000-odd are on A-site. An OMC executive close to the development claims that the additional rental burden in Delhi will make retailing unviable
The Core Group of Secretaries on Disinvestment (CGD) headed by the Cabinet secretary has approved the broad contours of Oil and Natural Gas Corporation’s proposed acquisition of the government’s 51.11% stake in Hindustan
In what could be termed as one of the most ambitious plans of the Indian Railways, the transporter is set to commission a feasibility and cost study for elevated railway tracks across the 10,000 km length of the Golden Quadri
To tackle the issue of non-movement of freight, especially coal, and passengers on the Dhanbad-Chandrapura railway section in Jharkhand, the Indian Railways has planned to lay a diverted railway route.
The ministry of railways has approached the ministry of corporate affairs to fix a tax liability issue of Indian Railway Finance Corporation (IRFC) which is affecting the net worth of the company, making it unattractive for l
The Indian Railway Catering and Tourism Corporation (IRCTC) and Coal India (CIL) are joining hands for a project to use the excess groundwater from the latter’s mines to produce purified packaged water being sold under IRCT
Given that some fuel retail outlet owners have approached the judiciary to appeal against the rule set by oil marketing companies (OMCs) to pay central minimum wages to outlet attendants, the OMCs have moved the Supreme Court
In the last three financial years and the current year till September-end, a total of 3,067 cases of adulteration and 5,732 cases of short delivery have been registered, according to data from the petroleum ministry.
The government currently has a little over 68% stake in ONGC, close to 79% in Coal India and a little less than 75% stake in NMDC. Agarwal said unutilised assets within these companies can also unlock a lot of opportunity.
Given how several households that want to benefit from the Pradhan Mantri Ujjwala Yojana (PMUY) may not have the means to refill liquefied petroleum gas (LPG) cylinders, the ministry of petroleum and natural gas is roping in
The Indian Railways requires to wash 370 tonne of linen, excluding blankets, per day.Of the total 1.5 lakh complaints received by the carrier in 2016-17, non-availability or poor quality of linen together made up 4% of the to
Having so far invested around $33 billion in India, mainly in the natural resources space, NRI billionaire Anil Agarwal-led Vedanta Resources has chalked out plans to pump another around $9 billion into the country over the n
Despite the recent fall in prices of imported LNG, the fuel still costs $6-7 per mmbtu to domestic consumers, clearly signalling the demand for gas at prices higher than $2.89 per mmbtu fetched by domestic explorers for shall