Saurabh Kumar

Railways stations revamp: New PPP model has more for investors; IRSDC to play critical role

A revamped public-private partnership (PPP) model to redevelop railway stations will see more attractive terms for private investors while Indian Railways’ (IR) agency — Indian Railway Station Redevelopment Corporation (I

railways station upgradation plans, railways upgradation plans, railways in public private partnership News

Good news for country: ONGC finds this major clue in Kutch

In what the company is terming the “first direct evidence” of hydrocarbon reserves in the Kutch offshore basin, state-run ONGC has come across flows while drilling the GK-28-12 well.

ongc, ongc kutch, ongc kutch findings, hydrocarbon reserves in Kutch News

ONGC told to re-submit DoC for ultra-deep find

Upstream petroleum regulator Directorate General of Hydrocarbons (DGH) has asked state-run explorer ONGC to review the commerciality of its ultra deep-sea find UD-1 in the Bay of Bengal’s KG-DWN-98/2 (KG-D5) block.

ONGC, petroleum regulator, DG, Hultra deep-sea find, declaration of commerciality, oil explorer, Reliance Industries, oil output, oil output in india, oil production, oil production in india News

In a first, Railways to float global tender to buy rails as SAIL can’t keep up with demand

For the first time, Indian Railways will float global tenders to buy rails, as Steel Authority of India (SAIL), its sole supplier, can’t meet the transporter’s increased demand. Railway minister Piyush Goyal, who took cha

Railways, indian railways,  SAIL, rajya sabha, Rail procurement, piyush goyal, railway official, global tenders to buy rails,Rajen Gohain,  Railway minister News

IOC looks to use Total’s Bangladesh LPG terminal, may open office there

To expand its business in Bangladesh, IOC is looking to utilise global energy giant Total’s LPG terminal in Chittagong to supply cooking gas to the north-eastern part of India.

Indian Oil Corp, IOC, global energy giant, liquefied petroleum gas, LPG, Bangladesh Petroleum Corporation News

IOC evaluated OIL & GAIL for merger, but no decision yet, says Sanjiv Singh

The Indian petroleum industry is going through a phase wherein on the one side it is saddled with tax woes arising out of the goods and services tax, and on the other is facing flak for the rising petrol and diesel prices.

IOC, Oil and Gail, Oil and Gail merger, Sanjiv Singh, Indian petroleum industry, GST, diesel prices, IOC Chairman News

Petrol, diesel prices: ‘India’s fuel rates have not violated global pattern’

If retail sale price of petrol and diesel is as high as it was when the global crude price was twice as high, state-run oil marketing companies haven’t much do about it: Their profits haven't jumped. Of course, these firms

retail sale price of petrol, diesel price, VAT, freight on board, Planning Commission, Arab Gulf market, Euro IV-compliant diesel, Petroleum Planning and Analysis Cell data News

IOC plans to expand Paradip refinery capacity by 3-4 MT

With the dispute between the Odisha government and Indian Oil Corp (IOC) over the value-added tax (VAT) being resolved, the oil marketing firm has firmed up plans to increase its investment in the state including expansion of

Odisha government, Indian Oil Corp, VAT,  GAIL, BS VI project,  PCPIR, Paradip News

GST interim returns: Over 30 lakh paid tax in August, matching July trend

While about Rs 92,300 crore was collected as GST for July till August 20, a similar amount has been paid by the taxpayers till Wednesday for August GST, sources said.

GST, GST interim returns, tax News

ONGC makes massive new discovery at Mumbai High; find may pep up production for years

Though the zones at the well WO 24-3 are still under assessment, the new find is believed to be big enough to pep up the firm’s production in coming years. Mumbai High in the Arabian sea annually produces about 10 mtoe. The

ONGC, Mumbai High News

Soon, get petrol-diesel delivered at your home; IOC finalises container design

In April 2017, petroleum minister Dharmendra Pradhan had through a tweet said the ministry was exploring ways for home delivery of petroleum products such as diesel and petrol.

petrol diesel, fuel, IOC, Petroleum and Explosives Safety Organisation News

Indian Railways’ move to reconsider diesel loco is not good; here’s why

The transporter plans electrification of 24,400 km of routes by 2020-21 in a phased manner of which 4,000 km are to be electrified in 2017-18.

Indian Railways, diesel loco, Piyush Goyal News

Passenger safety in Railways paramount, Piyush Goyal orders LHB coaches manufacturing to be doubled

LHB coaches are safer compared with ICF coaches as the former does not pile up in case of a derailment. Coach pile-up increases the chances of casualties in case of accidents.

Railways, Piyush Goyal, LHB coaches News

Modi-Abe meet: India takes bullet train to the future with Japan’s support

India on Thursday catapulted itself to veritable exclusive club of the Asian countries with economy-boosting, high-speed rail networks, as Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe laid the ceremoni

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Domestic LNG business set to take off after being given up for dead; here is what is fueling hope

The domestic LNG business, which has not been able to take off due to unaffordable price of imported gas, seems set for a revival as suppliers have begun to agree to renegotiate long-term contract prices, and smaller producti

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Shankkar Aiyar’s Aadhaar is definitive story of unique identity project; here is book review

The definitive story of unique identity project Aadhaar, from when it was a mere idea to a day when it has 1.5 billion enrollments

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Indian Railways to keep tabs on wagon wheels to ensure safety gets back on track

Under a cloud with the recent spate of accidents — there were three derailments, though casualty-free even on Thursday — Indian Railways is set to install wayside equipment that will keep an eye on all wheels of coaches r

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Railways, coal production dependent infrastructure projects set to get big boost; see what was on Piyush Goyal agenda

Infrastructure projects related to coal production and its transportation through the railways are set to get a push.

Piyush Goyal, Piyush Goyal news, Piyush Goyal latest news, Piyush Goyal railway ministry, railway minister, railway minister Piyush Goyal, Piyush Goyal agenda, coal india News

Indian Railways freight revenue may rise; here is what is powering the move

In what could boost the freight earnings of Indian Railways, the net tonne km of the railways — which has been falling for the past two years — has improved, albeit marginally, this financial year.

Indian Railways, Indian Railways news, Indian Railways latest news, Indian Railways freight revenue, Indian Railways freight revenue hike News

After spate of accidents, Indian Railways speeds up safety plan; check out the massive task and big numbers involved

The recent increase in derailments has prompted Indian Railways to expedite its plan to upgrade its older Integral Coach Factory (ICF)-type passenger coaches with safer centre-buffer couplers.

Indian Railways, Railways, Linke-Hoffman-Busch News

NTPC blamed as coal stocks fall to critical levels, particularly at private companies

Coal stocks at thermal power plants across the country have dropped to alarmingly low levels.

coal stocks, NTPC, Coal India, CIL News

GST setback for consumers: IGL to hike gas prices in Uttar Pradesh; here is how much more they must pay

Compressed natural gas (CNG) and piped natural gas (PNG) consumers of Indraprastha Gas (IGL) in Uttar Pradesh should brace to pay an extra Rs 3 per unit or 7% for the clean source of energy.

CNG, IGL, PNG, Uttar Pradesh, clean energy News

PNG set to flow like power, water in homes? Narendra Modi government looks to tweak building rules

In what may give a fillip to the use of piped natural gas (PNG) by households, the ministry of urban development may include gas pipeline infrastructure in builders’ construction plans, much the same way as electricity and

PNG, Piped Natural Gas, construction plans, infrastructure in builders News

Railways freight set to be hit as Coal India loading fails to meet target

Despite Indian Railways (IR) putting in place enough wagons to transport coal, its freight from the commodity is likely to be hit as subsidiaries of Coal India (CIL) are not being able to load the targeted quantities.

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Railways safety thrown off track; all you need to know about reason why

While railway mishaps are turning alarmingly frequent — yet another derailment of coaches was reported near Mumbai on Tuesday morning — one reason for the poor state of affairs is paucity of manpower at the transporter’

Railways mishaps, Railways, Mumbai, Manpower, railway safety News

Railways may scrap cash based system; here are the potential windfall gains

Come financial year 2018-19, the Indian Railways (IR) may shift to accrual-based accounting from the current cash-based system, a move that will help it identify its lakhs of unknown assets, assess long-term liabilities and

IR, Indian railways, cash based system, India, railways News

Around 84 pct of Railways revenue comes via digital modes: Mohd Jamshed, member-traffic, Railway Board

The carrier has introduced various initiatives, especially after demonetisation, to offer customers ways to make payments through digital modes.

Railways revenue, Mohd Jamshed, Railway Board, railway News
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