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Piyush Goyal to overhaul Prabhu's Rs 1-lakh-cr station development plan

To form SPVs for 15 stations before offering stake to private firms

Reliance Industries sells US shale block for $126 million

Firm has invested $9 bn in the three shale assets; transaction to be completed in the third quarter of FY18

Railways looking at airline pricing model: Lohani

"The dynamic fare in airlines is really dynamic. It goes up and also comes down, decided by the demand and supply scenario", adds Lohani

Nearly 50% train tickets still purchased in cash: RailYatri survey

Amid the push by Modi govt on digital payments more than half of train tickets are purchased in cash

OVL, partners get extension in Azerbaijan block for $3.6-bn bonus

OVL's share of the bonus payout to the State Oil Fund of Azerbaijan would be to the tune of $111 mn

Proposal to shut Bihar locomotive project a jolt to Make in India

Investment at the Marhowra factory was calculated at a little above Rs 2,000 crore

Accidents on railway tracks indicate failure of processes: Shanti Narain

He talks about the project, safety aspects and future roadmap of railways

Only 7 BJP-ruled states give thumbs up to Railways open access of power

Punjab likely to become the first non-BJP state to give no-objection certificates

GST impact: Auto LPG sellers want tax parity with CNG

LPG is taxed at 18% while CNG is taxed at 5%

Centre orders LPG price to be hiked by Rs 4 per month

This, to eliminate all subsidies by March next year, said Oil Minister Dharmendra Pradhan

Farzad B gas field: Not obligated to give contract to India, says Iran

India has cut oil imports from Iran by a fifth, Iran responded by reducing time given for payments

Auto LPG body wants GST rates to be lowered to 5%

At present, a rate of 18% has been set for commercial LPG; before GST rate was 23%

Now, govt looks to take cooking gas to tiger reserves, Naxal-hit areas

In a first, forest departments will be given LPG dealerships on nomination basis

About 60 blocks to be auctioned in second round of petro bids

Govt eyes start-ups and small national and international companies for bids

Railways readies deep discounts to woo passengers

Railways to offer last-minute discounts and reduced fares in major trains, including the Shatabdis

Govt to reimburse Rs 500-cr service charge loss to IRCTC

Service charge was discontinued from Nov 26, last year to boost digital transactions

Daily fuel revision: Dealers claim Rs 400 cr loss, demand new margin model

Dealers threaten to go on indefinite strike from August 1

Hydrocarbons sector: Next bidding round for discovered small fields in Oct

This will happen simultaneously with the Open Acreage Licensing rounds

Railways on a hiring spree as over 225,000 posts remain vacant

In the wake of recent accidents, critics highlighted staff strength as a cause of concern for safety

Railways to spend Rs 15,000 crore on overhaul of coaches

Indian Railways produces 3,000 coaches every year, phases out 1,000 coaches