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Govt's oil subsidy bill exceeds Rs 460 billion at end of September

Its 84 per cent higher than the budgeted estimate of Rs 250 billion for the whole financial year

A year after launch, Railways' station revamp plan back to drawing board

The first phase of the station redevelopment programme covering 23 stations that was launched with much fanfare had to be called off owing to lukewarm response from developers

Unclear subsidies under PMUY balloon, tech glitches block payments

At the same time, the rising international fuel prices had added to the government subsidy burden

Govt likely to share burden of further Indian Railways borrowing

A final call on this would be taken soon as the national transporter wants the extra money to be allotted to it in the form of Gross Budgetary Support (GBS)

How Railways plans to convert diesel locos into electric at a lower cost

The total shift to electric traction will reduce fossil fuel consumption of about 2.83 billion litres per annum

Africa should learn from India on solar use, says IEA's Fatih Birol

Birol said there is going to be a huge wave of LNG in the next five years, driven by many countries

Ircon stake sale on course; govt plans to raise around Rs 6 billion

Ircon might have to speed up this procedure and wind up its AGM by August to go for its listing in September

Adani, IOC, HPCL, BPCL in fray for city gas licence; govt gets 400 bids

Latest round to bring investment of about Rs 700 billion

Firms shy away from providing WiFi at railway stations

RailTel has revised the final date for bidding as many as 10 times over the past two months

Railways to procure 100,000 wagons for Rs 200-250 billion in 5 yrs

With 100% electrification, poised to become a net zero carbon emitter by 2030

HPCL merger: MRPL faces minimum 25% public shareholding norms test

MRPL has time till August 21 to meet minimum public shareholding norms; merger process could take much longer

Coal loading powers 7.26% rise in rail freight during April-May

Other sectors like cement and fertilisers, too, posted marginal increase in traffic compared to last year

India gets cheapest LNG as Russia's Gazprom begins supplies

Indian companies have made an investment of more than $10 billion in acquiring varying stakes in strategic Russian projects Sakhalin-1, Vankorneft and Taas-Yuryakh

To keep fuel rate in check, ONGC may get dividend waiver for price freeze

The plan to place a part of the oil price burden on ONGC has been doing the rounds for some time

Venezuela offers India 30% discount on crude but with cryptocurrency rider

Offers 30% discount on crude oil purchases made in Petro

PM Modi bats for responsible energy pricing by oil producing countries

At the 16th International Energy Forum, he said that artificially distorting the price was self-defeating

Saudi Aramco to take 50% stake in India's Rs 3-trn West Coast refinery

Saudi Arabia has traditionally been India's largest oil supplier, but in April-Jan period in 2016-17, Iraq replaced it

Kuwait Petroleum Corporation to soon buy stake in an India refinery

Earlier this month, the world's largest oil company, Saudi Aramco, had entered into an agreement for taking a stake in the refinery

Indian Railways wagon procurement to run on reverse auction track

The Railways had decided to go for reverse auction process from April 1 this year for high-value items

PM Modi to inaugurate IEF international energy meet in Delhi tomorrow

The consumer nations are likely to raise issues regarding "Asian premium" and crude prices before the 92 participating countries, which include all the producer nations as well