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Indian Railways drops extra charges for large goods moving through DFCs

This is a significant shift because the restrictive goods consignment dimensions are cited as one of the reasons for the falling utility of rail freight

Indian Railways expecting improved operating ratio despite Covid-19 impact

Rail ministry official says huge cut in expenditure offset falling passenger revenues; freight revenue seen driving improvement

JSW Steel reports 14x spike in Q3 consolidated net profit at Rs 2,669 cr

Company plans commissioning multiple projects in Q4

Adani Total, Torrent pay Rs 3.7 cr each for 5% stake in Indian Gas Exchange

IGX now has 16 members and over 500 registered clients. With three physical hubs, the exchange has already traded 75,000 million British thermal units since its launch last June

Vaccine roll-out points to more certain recovery in 2021, says IOC chairman

The crude prices are rising, but refining margins are influenced by product cracks

Harsh winter in key markets drives spot LNG prices in Asia to record levels

Spot LNG in Asia is highly sensitive to marginal demand in Japan, Korea and China, where heating load has gone up significantly. Emergency buying by Japanese power firms is driving prices up

ONGC, OIL not expecting year-end windfall with recovery in crude oil prices

Price movement nudges governments to scale back tax hikes

Adani, GMR, Godrej eye revamp of Chhatrapati Shivaji railway station

Project cost pegged at Rs 1,642 crore for creating a City Centre Rail Mall

A beaten track: Plan for Railways has vision but lacks clarity on execution

The national transport utility's long-awaited draft national plan merely reiterates a direction that has already been set

Essar-Progressive Energy JV to develop UK's first low carbon hydrogen hub

The production hub will deliver clean energy to industry in the HyNet 'low carbon cluster', as well as for domestic and transport purposes

Indian Oil plans Tatkal LPG Seva to deliver cylinders on day of booking

Officials say service to be rolled out in a few months

Need to hike localisation in oil & gas: Petroleum secretary Tarun Kapoor

Kapoor gave the example of gas meters and said there was currently not enough capacity in the country to manufacture them

IGX eyes 5% of total spot LNG and domestic gas trade on its exchange

Since its launch in June 2020, some 2 million standard cubic meters a day (mscmd) of natural gas have been traded on the Gas Trading Platform; current demand in India is around 160 mscmd

Saturated gas pipeline elicits strong responses from IGGL and NRL

The move to declare the pipeline a common carrier may clog capacity of the pipeline with more entities wanting to opt for this cheaper means of gas transport

Petrol price soars past Rs 84 a litre in Delhi, an all-time high

In Mumbai, petrol was sold at Rs 90.83 a litre and diesel for Rs 81.07 a litre.

PM flags off world's 1st double-stack container train, launches DFC section

One train carries 360 10-feet container equivalent units (TEU), which is equivalent to 270 high capacity trailer trucks

India will double pipeline network in the next six years: PM Modi

GAIL's Kochi-Mangaluru pipeline commissioned; Boost for Petronet LNG's Kochi terminal

Wage revision clause in settlement proposal worries BPCL employees

Staffers fear the new owner of to-be-privatised firm will move to lower wages

Steel producers, buyers, material suppliers fight over price hike

Steel manufacturers had focussed on exports during the lockdowns to stay afloat

Freight movement via rail to be raised 1.6 times: Draft National Rail Plan

The plan also targets confirmed tickets for all passengers and elimination of waiting lists