October 18, 2017   
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Fitch lowers India’s 2017-18 growth forecast to 6.9%

Mumbai, Oct 2 (IANS) International ratings agency Fitch on Monday lowered India’s growth forecast to 6.9 per cent, as the country’s GDP growth unexpectedly faltered in the second quarter of 2017-18 (2Q17). The ratings agency had earlier pegged...
IndianOil receives first crude oil cargo from the US

IndianOil receives first crude oil cargo from the US

The first US crude oil cargo of 1.6 million barrels bought by Indian Oil Corporation from the US was received at Paradip Port today. A sample of the crude was symbolically presented to Shri Sunjay Sudhir, Joint Secretary (International Cooperation) in...

UAE to cut oil production by 139,000 barrels

Dubai, Oct 2 (IANS) United Arab Emirates (UAE) Minister of Energy Suhail Al-Mazrouei said on Sunday UAE is to cut oil production by 139,000 barrels per day in November in line with an Organisation of Petroleum Exporting Countries (OPEC) decision. The...

Adani’s $3.5bn debt-funded ‘investment’ in Australia at risk : Report

New Delhi, Oct 2 (IANS) The Adani Group’s entire A$3.5 billion (Rs 178 billion) debt-funded ‘investment’ in Australia is gravely at risk, the US-based Institute for Energy Economics and Financial Analysis (IEEFA) said on Monday. In...

Passive cooling to cut electricity bills

Bengaluru, Oct 2 (IANS) Air-conditioning your building without electricity? Researchers at Stanford University in the US report it is potentially possible through the technology of “radiative sky cooling” using a new coating material they...
NLC India Celebrates 148th Birth Anniversry of Mahatma Gandhiji

NLC India Celebrates 148th Birth Anniversry of Mahatma Gandhiji

Dr. Sarat Kumar Acharya, CMD, NLC India Limited garlanding a Gandhi Statue at Township Administrative Office premises, Neyveli on 148th Birth Anniversary of “The Father of Nation”. Neyveli, Oct 02 Dr. Sarat Kumar Achrya, Chairman & MD of NLC...

IGL ANNOUNCES REVISION IN CNG AND PNG PRICES 

New Delhi, 2nd October 2017: Consequent upon recent notification of Govt. of India increasing the prices of domestically produced natural gas, Indraprastha Gas Limited (IGL), a joint venture of GAIL (India) Ltd., BPCL and Government of NCT of Delhi today...
Assam’s Kaziranga National Park opens for tourists

Assam’s Kaziranga National Park opens for tourists

Guwahati, Oct 2  Assam Forest and Environment Minister Pramila Rani Brahma on Monday opened the Kaziranga National Park for the 2017-18 tourist season. Accompanied by Agriculture Minister Atul Bora, chairman of the Assam Tourism Development Corporation...

UAE to cut oil production by 139,000 barrels

Dubai, Oct 2  United Arab Emirates (UAE) Minister of Energy Suhail Al-Mazrouei said on Sunday UAE is to cut oil production by 139,000 barrels per day in November in line with an Organisation of Petroleum Exporting Countries (OPEC) decision. The state-owned...

RCOM to evaluate alternate plans for its mobile business

Mumbai, Oct 2  Reliance Communication (RCOM) on Sunday said it will evaluate an “alternate plan for its mobile business”. According to the company, its board of directors at a meeting held here on Sunday reviewed the ongoing strategic transformation...

India, Pakistan trade heavy fire on LoC

Jammu, Oct 2  Indian and Pakistan troops traded heavy fire on Monday on the Line of Control (LoC) in Jammu and Kashmir’s Poonch district. Police sources said heavy shelling and firing started between the two armies in Kerni area. “After the...
President, PM pays tribute to Shastri on 113th birth anniversary

President, PM pays tribute to Shastri on 113th birth anniversary

The President, Ram Nath Kovind paying floral tributes at the Samadhi of Mahatma Gandhi on his 148th birth anniversary, at Rajghat, in Delhi on October 02, 2017. New Delhi, Oct 2 President Ram Nath Kovind and Prime Minister Narendra Modi on Monday paid...
Shashi Shanker takes over as ONGC CMD

Shashi Shanker takes over as ONGC CMD

New Delhi, Oct 2  Energy major ONGC on Sunday said Shashi Shanker has taken over as the company’s Chairman and Managing Director. According to ONGC, Shanker, who was on the company’s board since 2012, took over from D.K. Sarraf. “Shanker...

EAC Task Cut Out: FOCUS ON FARM SECTOR & TAME BANKS…

EAC Task Cut Out FOCUS ON FARM SECTOR & TAME BANKS By Shivaji Sarkar The poor and the economy have taken centre stage in Indian politics. Prime Minister Modi feels concerned about the deprived and announces the formation of his Economic Advisory Council...
Utility Powertech Limited Pays Dividend to NTPC

Utility Powertech Limited Pays Dividend to NTPC

Shri R.K.S. Gahlowt, CEO, Utility Powertech Limited (UPL) presented dividend cheque of Rs. 2,50,00,000 for the year 2016-17, as NTPC share to Shri Gurdeep Singh, Chairman & Managing Director, NTPC Limited. Shri Kulamani Biswal, Director...

Lesser GST slabs after revenue neutral plus level: Jaitley

New Delhi, Oct 1  Finance Minister Arun Jaitley on Sunday said Goods and Services Tax (GST) slabs may be reduced in the future if a “revenue neutral plus” tax level is reached. Jaitley made the remark at the “Foundation Day” event...