)
Shine Jacob is a seasoned journalist and short-story writer with an experience of over a decade and a half across print and electronic media. He has covered a wide range of sectors, including energy, infrastructure, logistics, and the automobile industry. He has previously worked with the Times of India, Moneycontrol, Livemint, Cogencis, in addition to regional Malayalam media. Currently based in Chennai, he has also worked as a financial journalist in Kolkata and New Delhi.
Shine Jacob is a seasoned journalist and short-story writer with an experience of over a decade and a half across print and electronic media. He has covered a wide range of sectors, including energy, infrastructure, logistics, and the automobile industry. He has previously worked with the Times of India, Moneycontrol, Livemint, Cogencis, in addition to regional Malayalam media. Currently based in Chennai, he has also worked as a financial journalist in Kolkata and New Delhi.
Officials said the PMUY and the Pradhan Mantri Awas Yojana might be linked, which would add 10 mn beneficiaries of the rural housing scheme automatically
The scheme implies 92% annual rise in capex
The minister's statement comes after the ONGC announcement on Saturday that a share purchase deal was signed to buy the government stake in HPCL for Rs 369.15 billion
The revised support for 2017-18 will be 13% less than the Revised Estimates (RE) of Rs 463.5 billion in 2016-17
However, ONGC chairman and managing director Shashi Shankar said that borrowing will be the final option before the board to finance the deal
The decision of ONGC will help the Modi govt surpass its disinvestment target of Rs 725 bn for the current fiscal
The deal will be a substantial gain for both the companies in the petrochemical portfolio, says M K Surana
Consortium of state-run companies headed by Gail (India) has started its initial work on the project, says Dharmendra Pradhan
The minister also said the Rajasthan govt was set to save at least Rs 400 bn from the revised viability-gap funding for its Barmer refinery project by HPCL
Railway Minister Piyush Goyal said: 'We are planning to completely overhaul the existing signalling system'
Modi govt likely to announce 2018 as the year of women's safety in Railways in the upcoming Budget
The existing line that was running through the Jharia coalfields area was under threat of caving in due to an underground fire
Part of IRCTC's efforts to improve catering service
It plans to procure Rs 20 billion-worth rails from the private sector for the first time in last three decades
Around 30-50 million passengers in the reserved category have switched over to digital payments
Beneficiaries say unaware that sops were paid to payments bank accounts
PMUY, launched in May 2016, set targets for the government's oil marketing companies to provide connections to 50 million families below the poverty line over three years
The Congress government and banks used to hide NPAs under the name of stressed assets, the rail minister added
Reforms to curb wasteful consumption, decreasing global oil prices triggered the trend
The Congress had stated that the state government has wasted public money to the tune of Rs 26,000 crore by purchasing power from four private companies