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MJ project gets approval; RIL, BP to invest Rs 35,000 cr in KG basin

Gas production from KG D6 integrated development is expected to help reduce India's import dependence

Ircon's top agenda: Rs 13,000-crore rail projects to better coal traffic

The Indian Railways has lined up 84 projects with an investment of Rs 98,980 crore to help coal evacuation

Tax dept, OMCs locked in dispute over excise duty, oil firms served notice

The matter will be taken up by the concerned adjudicating authority, according to officials in the know

In second term, Narendra Modi shifts to 5th gear for Ujjwala scheme

Under Modi 2.0, this is priority and officials have identified at least 10 districts with the lowest average refill rate of below two a year

L&T, Ircon International and Tata Projects eye bullet train civil works

According to multiple sources, these companies have showed interest in a tender issued by the National High Speed Rail Corporation (NHSRCL), implementing agency for the project

Power tariff woes, debt rising despite UDAY: It's not just regulatory fault

The power ministry recently said discoms cannot be blamed for their rising debt and dues

Piyush Goyal credited with ushering in new ideas irrespective of portfolio

Seen as a 'reforms minister', Goyal is credited with ushering in new steps irrespective of portfolio

Dedicated Freight Corridor gets a new deadline, it's a race against time

DFC may finally see the light of day with the Narendra Modi government planning to complete it by December 2021, ahead of India's 75th Independence day in 2022

Giving more people LPG connections among govt's energy reforms focus

The Petroleum Ministry is looking at a mechanism for strengthening its energy access scheme, Pradhan Mantri Ujjwala Yojana Ujjwala which gave 71.9 million connections since 2016

GAIL Q4 net profit up 10% to Rs 1,122 crore over higher gas sale margins

GAIL says it plans to invest Rs 54,000 crore across segments in the next five years

Top on agenda: Easing E&P norms, getting petro products under GST

The new government may also introduce a separate scheme for revival of stranded gas-based power projects

Lucky number? For petrol price in Delhi, it's Modi 71.4, not just 2.0

In almost a repeat of the 2014 elections, BJP and its allies have won 353 of the 543 seats in the Lok Sabha

To cut imports, Oil India aims to raise output by over 7%: Utpal Bora

We are importing around 82 per cent of our requirement, so lower oil prices are more beneficial to the country, says Bora

Oil India likely to exit US, Russia blocks; to stay in Venezuela

The company is in talks with multiple players to sell its assets Niobrara Shale Asset in the US and Licence 61 asset in Russia

Indian Oil Corp Q4 net profit rises 17% on inventory, exchange gains

The rise in net profit is on account of inventory and exchange gains, said IOC Chairman Sanjiv Singh on Friday

GE unit merger: Wabtec now covers all rail-based transport in India

In the transit space, Wabtec is a world leader in brakes, air conditioning and doors which go on metro trains

Kerosene subsidy bill builds up 21% to Rs 5,800 cr in FY19; LPG jumps 49.4%

The rise in subsidy burden on LPG was because of an increase in consumption and a rise in international prices during the period

Cyclone Fani: Odisha's infra takes a hit, but huge human cost avoided

The reconstruction work may take at least six to seven months, while the extent of damage is yet to be assessed

Concor eyes e-commerce players in logistics push, lines up Rs 5,000 cr

Concor is expecting Amazon, Flipkart, ShopClues, Paytm, e-bay, and Snapdeal to make use of its logistics distribution centres

Lok Sabha polls: Factionalism erodes Congress advantage in Kerala

The issues between the warring groups are surfacing at a time when the Congress is in an ideal condition to win the maximum number of seats