The fares for short distance travels in Shatabdi trains are set to be reduced across the country following a successful experiment in two such trains wherein fares were reduced leading to a sharp increase in patronage.
Given that the air-conditioned 3-tier class is the only profitable category for the Indian Railways and the recently launched Humsafar Express — which only has AC 3-tier coaches — has been a successful experiment, the nat
In a bid to salvage the loss-making fields acquired from Imperial Energy in Russia's Tomsk region, ONGC Videsh (OVL) is planning to create a facility at the site which will enable it to use the associated gas produced from th
With reports of the petroleum sector taking a Rs 25,000- crore hit due to not being able to get input tax credits under GST, revenue secretary Hasmukh Adhia said that a committee has been set up to examine the matter.
Enthused by achievements in the first year of the Pradhan Mantri Ujjwala Yojana (PMUY), the ministry of petroleum and natural gas has written to the finance ministry to sanction an additional Rs 4,800 crore for the scheme.
The future of the technology space in the next 5-10 years will depend on software-defined data centres and fifth-generation telephony, believes Michael Dell, chairman & chief executive officer of Dell Technologies.
At a time when the users are moving towards smartphones and tablets, and Dell Technologies itself is increasingly offering more innovative business solutions, the company's chairman and chief executive officer Michael Dell ha
After scaling up railway capex substantially over the last couple of years via extra budgetary resources, the Modi government will begin the process for creating a $5-billion Railways of India Development Fund.
Coming as it does on top of a steep and unprecedented 59% surge in capex in the previous year, the transporter has indeed helped the economy's investment rate improve marginally from the third quarter of last fiscal.
The Indian Oil Corporation (IOC) plans to build a new oil terminal at Motihari in Bihar to supply fuel to neighbour Nepal through the planned pipeline up to Amlekganj in Nepal. The old terminal at Raxaul, also in the same Ind
As ONGC Videsh’s (OVL) licence to explore Block 128 in the South China Sea is set to expire soon, the firm has commenced talks with the national oil company (NOC) of Vietnam, PetroVietnam, for a risk-sharing agreement to dr
Petroleum minister Dharmendra Pradhan's tweet on April 21 regarding home delivery of petroleum products may have taken many by surprise, but the actual implementation of the programme is likely to take some time.
To ensure the Indian Railways’ ambitious station redevelopment plan receives maximum bidders, the national carrier has reached out to the foreign embassies in India, requesting the latter to market the plan in their own cou