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IOC net profit jumps more than 15 times in Q2 over inventory, forex gains

GRM at $8.62 a barrel during the quarter versus $1.28 a year ago. However, total income drops 13%

US hints at possibility of reducing trade, investment barriers with India

Earlier this year, in July, Commerce and Industry Minister Piyush Goyal and the US Secretary of Commerce, Wilbur Ross, had discussed the possibility of an FTA agreement between both the countries

Petroleum ministry says it supports including natural gas under GST

Decision that has to be taken by the GST council, says senior civil servant.

Global energy majors line up plans, appear bullish on India's prospects

India imports around 8.5 million tonnes per annum of liquefied natural gas from Qatar under two long-term contracts.

Near zero GDP today, among fastest growing next year: FM on Indian economy

GDP to be flat in FY21, FDI inflow up 13 per cent between April to August 2020, compared to 2019

BP to Rosneft: Energy companies' CEOs tell their India plan to PM Modi

Global energy bigwigs appear bullish about India's economy in their video interaction with the Prime Minister

BP wants bigger pie of India fuel market, bats for natural gas under GST

Firm to create 80,000 jobs by increasing fuel retail outlets, along with Reliance, to 5,500 in 4-5 yrs

Back, front-end support to propel Kisan Rail project, say experts

This is Centre's second attempt to run special trains for agri goods

India may see $206 bn investment in oil and gas in next 8-10 years

Modi to inaugurate India Energy Forum by CERA Week on Monday, is expected to woo companies to promote Atmanirbhar Bharat

Alstom's e-locos approved for freight locomotives to run at 120 kmph

Electric locos allow heavy freight trains to haul 6,000 tonnes at a top speed of 120 kmph and they are expected to increase the average speed by at least 20-25 kmph

Covid-19 impact: Railways looks to FinMin for pension liabilities

The railways is the only government department which meets the pension expenditure of its retirees from its own receipts.

Govt extends 50% subsidy on fruits, vegetables handled through Kisan Rail

In order to operate the scheme, the MoFPI will initially provide Rs 10 crore, which will be deposited with South Central Railway

Thomas Isaac: A federal socialist who puts his money where his mouth is

Isaac has been in and out of the national news in his role as Kerala's finance minister since 2018 for various path-breaking tax initiatives

Railways to run AC coaches on trains with speeds between 130 - 160 kmph

Tracks on golden Quadrilateral and Diagonals are being upgraded to cater to speeds of 130 kmph to 160 kmph (kilometre per hour)

ONGC to take Rs 7,000 cr hit over gas price; govt may alter pricing formula

Prices touched historic low of $1.79 per mmBtu for October-period of current financial year, down 25% from $2.39 per mmBtu during April-September period

Govt grants pricing, marketing leeway to gas producers, allows e-bidding

Move will help in bringing at least 40 mmscmd of natural gas from Krishna Godawari basin alone

BHEL, L&T, Welspun, IRCTC among 15 firms in fray for running private trains

Rail ministry had invited RFQ for private operation of passenger trains over 12 clusters consisting of 140 Origin-Destination pair of routes with launch of 151 modern trains

JICA, WB may power Delhi-Alwar rapid rail; India in talks for $3 bn funding

The project will be completed in three stages and the govt is seeking funds for stage 1

Torrent to invest Rs 8,000 cr in CGD; Pradhan bats for home-delivery of CNG

The company has got 16 geographical areas covering 32 districts with a population of over 90 mn, in the ninths and tenth round of CGD bidding

ExxonMobil, ONGC to bid jointly for upcoming auction rounds under OALP

Will identify areas for exploration in deepwater on east and west coasts of India