Page 120 - Shine Jacob

Excise duty on fuel lowered by Rs 2 but road cess raised to Rs 8 from Rs 6

This comes at a time when the petrol and diesel prices are touching new heights

ONGC, OIL may get to choose partners by auctioning in select blocks

However, ONGC's resistance to the inclusion of Bassein, India's largest gas field, remains a hurdle

Rashtrapati Bhawan to host the Pradhan Mantri LPG Panchayat on Tuesday

So far more than 33.6 million LPG consumers across 712 districts have been registered under the ambitious LPG scheme

ONGC Q3 net up 15% to Rs 50 bn from Rs 44 bn; crude oil production down 1%

The company's total crude oil production dropped by 1% from 6.4 million tonnes during the third quarter last year to 6.3 MT this year

HPCL Q3 profit up 23% to Rs 19.5 bn on improved gross refinery margins

The company's gross sales during October to December quarter of 2017-18 was seen at Rs 628.32 bn

Indian Railways needs more private involvement in the sector: Piyush Goyal

He says he is looking at more effective utilisation of our time and tracks

Budget draws 'safety first' strategy for railways with largest ever capex

The Budget 2018 lays an increased emphasis on expanding the suburban railway of Mumbai by 90 kilometres and that of Bengaluru by 110 kilometres

Budget 2018 may broaden Ujjwala to light up rural housing scheme too

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

Budget 2018: A 15-year, Rs 35.3-trillion plan to put Railways on track

The scheme implies 92% annual rise in capex

Govt hints at integrated refinery-cum-petrochemical vertical post ONGC deal

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

Budget 2018: Budgetary support for Indian Railways to be cut by 27% in FY18

The revised support for 2017-18 will be 13% less than the Revised Estimates (RE) of Rs 463.5 billion in 2016-17

ONGC raises borrowing limit to Rs 350 billion for HPCL deal

However, ONGC chairman and managing director Shashi Shankar said that borrowing will be the final option before the board to finance the deal

ONGC to acquire govt's entire 51.1% stake in HPCL for Rs 369.15 bn

The decision of ONGC will help the Modi govt surpass its disinvestment target of Rs 725 bn for the current fiscal

ONGC deal will benefit in terms of crude procurement, says HPCL CMD

The deal will be a substantial gain for both the companies in the petrochemical portfolio, says M K Surana

Govt to extend Urja Ganga gas pipeline project to North Eastern states

Consortium of state-run companies headed by Gail (India) has started its initial work on the project, says Dharmendra Pradhan

Anyone can do marketing; Gail's job is to lay gas pipelines, says 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

Budget 2018: Govt to overhaul railway signal system for locomotive drivers

Railway Minister Piyush Goyal said: 'We are planning to completely overhaul the existing signalling system'

From CCTV cameras to more washrooms: Railways puts women's safety on track

Modi govt likely to announce 2018 as the year of women's safety in Railways in the upcoming Budget

Bypass route: How Railways will get back Rs 27.5 bn lost due to Jharia fire

The existing line that was running through the Jharia coalfields area was under threat of caving in due to an underground fire

ITC, MTR meals on trains? Railways to bring ready-to-eat food cos on board

Part of IRCTC's efforts to improve catering service