Oil ministry faulted for pricing delays, higher cost to Reliance

Oil ministry faulted for pricing delays, higher cost to Reliance

🕔08:00, 29.Nov 2014

New Delhi, Nov 28 India’s official auditor has faulted the oil ministry for the delays in fixing hydrocarbon prices and incoherent evaluation norms, while recommending disallowance of costs worth nearly $1 billion claimed by Reliance Industries (RIL). Reacting to the

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April-October fiscal deficit 89.6 percent of full year target

April-October fiscal deficit 89.6 percent of full year target

🕔07:59, 29.Nov 2014

New Delhi, Nov 28 India’s fiscal deficit has hit 89.6 percent of the budget estimates for 2014-15 by the end of October, crossing Rs.4.75 lakh crore, data released by the Controller General of Accounts said here Friday. The deficit was

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PFC receivesEnertia Award 2014

PFC receivesEnertia Award 2014

🕔07:59, 29.Nov 2014

New Delhi, Nov 28 Power Finance Corporation Ltd. was judged to be the ‘Best Power Sector Financing Company’ at the 8thEnertia Awards 2014.This award was received by Shri AK Agarwal, Director (Projects), PFC in a function organised by REPA and

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OPEC daily basket price closes over three dollars lower

OPEC daily basket price closes over three dollars lower

🕔07:58, 29.Nov 2014

Vienna, Nov 28 The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) closed at $70.80 a barrel Thursday, compared to $73.70 Wednesday, the OPEC Secretariat said. The new OPEC reference basket comprises Saharan Blend (Algeria),

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India, Mozambique ink MoU for oil, gas cooperation

India, Mozambique ink MoU for oil, gas cooperation

🕔07:57, 29.Nov 2014

New Delhi, Nov 28 India and Mozambique Friday signed a memorandum of understanding (MoU) for cooperation in the oil and gas sector for a period of five years, the petroleum ministry said in a statement. The MoU was signed at

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Reliance says basic differences on audit report

Reliance says basic differences on audit report

🕔07:52, 29.Nov 2014

New Delhi, Nov 28 Reacting to the report tabled by India’s official auditor Friday, Reliance Industries said there were some basic differences over it, and that it will furnish a reply if and when the government seeks this. The reaction

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NTPC CMD awarded as management persona of the decade

NTPC CMD awarded as management persona of the decade

🕔07:49, 29.Nov 2014

New Delhi, Nov 28 Dr. Arup Roy Choudhury, CMD, NTPC has been awarded as Management Persona of the Decade – Energy & Power at the 8th Enertia Awards 2014 on 27th November, 2014 held in New Delhi. The award has

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Gunfight in Jammu hours ahead of Modi’s arrival

Gunfight in Jammu hours ahead of Modi’s arrival

🕔10:58, 28.Nov 2014

Jammu, Nov 28  Heavy firing exchanges between the security forces and a militant started Friday morning near the international border in Jammu and Kashmir, hours ahead of Prime Minister Narendra Modi’s visit here. A group of heavily-armed militants infiltrated into

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France to open eight new visa centres in India

France to open eight new visa centres in India

🕔10:56, 28.Nov 2014

New Delhi, Nov 27  France will open eight new visa application centers in India, taking their number from six to 14, French Ambassador Francois Richer said. Richer also announced that “ChaloParis”, a travel application specifically designed for Indian tourist would

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US welcomes historic WTO deal with India on board

US welcomes historic WTO deal with India on board

🕔10:25, 28.Nov 2014

Washington, Nov 28  The US has welcomed the World Trade Organization reaching as historic multilateral trade deal with India on board after months of deadlock with New Delhi standing firm on its food security programme. The Trade Facilitation Agreement (TFA)

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Essar Steel commissions integrated pellet complex in Odisha

Essar Steel commissions integrated pellet complex in Odisha

🕔10:15, 28.Nov 2014

New Delhi, Nov 28  Steel producer Essar Steel commissioned a six million tonnes per annum (mtpa) integrated pellet complex in Odisha. “It is a matter of pride that Indian engineers have delivered this challenging project keeping the balance between growth

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Textiles ministry, Flipkart join hands to help handloom weavers

Textiles ministry, Flipkart join hands to help handloom weavers

🕔10:14, 28.Nov 2014

New Delhi, Nov 28  The textiles ministry and e-commerce firm Flipkart have joined hands to facilitate online marketing of products from handloom weavers, parliament was told Thursday. “A memorandum of understanding (MoU) was signed between the development commissioner for handlooms,

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18th Saarc Summit concludes with one pact, several understandings

18th Saarc Summit concludes with one pact, several understandings

🕔10:13, 28.Nov 2014

Kathmandu, Nov 28 The 18th South Asian Association for Regional Cooperation (Saarc) Summit concluded in Kathmandu Thursday with the adoption of a 36-point Kathmandu Declaration. During the Summit, a Saarc Framework Agreement on Energy Cooperation was signed while leaders of

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Pakistan wants meaningful dialogue with India: Sharif

Pakistan wants meaningful dialogue with India: Sharif

🕔10:12, 28.Nov 2014

Islamabd, Nov 28  Pakistan Prime Minister Nawaz Sharif Thursday said that his country wants a meaningful dialogue with India on all issues, media reported. Sharif said during an in-flight press briefing late night on his return from the 18th Saarc

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Russia to build railway line bypassing Ukraine

Russia to build railway line bypassing Ukraine

🕔10:11, 28.Nov 2014

Moscow, Nov 28 Russia will build new railway tracks that bypass Ukrainian territory, Transport Minister Maxim Sokolov said. “There are four (Russia-Ukraine) border crossing points. Project to avoid these points will be implemented promptly,” RIA Novosti news agency quoted Sokolov

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10 killed in Jammu gunfight ahead of Modi visit

10 killed in Jammu gunfight ahead of Modi visit

🕔10:10, 28.Nov 2014

Jammu, Nov 28  Ten people, including four civilians, were killed in fierce gun battles in Jammu and Kashmir Thursday when security forces took on infiltrating guerrillas, just a day ahead of Prime Minister Narendra Modi’s visit to the state, officials

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18 UP trains cancelled for over 45 days

18 UP trains cancelled for over 45 days

🕔10:09, 28.Nov 2014

Lucknow, Nov 28  Fog in many parts of Uttar Pradesh has forced the Indian Railways to cancel 18 trains from here, officials said Friday. The train services will remain suspended between Dec 31 and Feb 15. Janata Express, Allahabad-Haridwar Express,

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Foreign tourists will double in Goa with visa on arrival: Minister

Foreign tourists will double in Goa with visa on arrival: Minister

🕔10:08, 28.Nov 2014

Panaji, Nov 28  Foreign tourists to Goa could double to one million in the next four years thanks to the newly announced visa-on-arrival (VoA) facility that would be operational from Thursday midnight at the Dabolim international airport, Tourism Minister Dilip

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Venkaiah Naidu discusses Delhi issues with Jung

Venkaiah Naidu discusses Delhi issues with Jung

🕔10:07, 28.Nov 2014

New Delhi, Nov 28  Urban Development Minister M. Venkaiah Naidu discussed a host of issues with Delhi Lt. Governor Najeeb Jung. The issues included water supply to the capital through Munak canal in Haryana and construction of more night shelters.

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Maharashtra seeks Rs.4,000 crore central aid for drought

Maharashtra seeks Rs.4,000 crore central aid for drought

🕔10:05, 28.Nov 2014

Mumbai/Aurangabad, Nov 28  The Maharashtra government decided to seek a central assistance of Rs.4,000 crore to tackle the drought situation plaguing large parts of the state, Chief Minister Devendra Fadnavis announced here Thursday. Describing the drought situation in the state

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