Page 22 - Dharmendra Pradhan

White paper to reduce tax burden on steel sector: Dharmendra Pradhan

To provide more relief, Union Minister Dharmendra Pradhan said the government is bringing changes to the Electricity Act which will address concerns related to power tariffs

ArcelorMittal keen to expand presence in India, govt assures full support

Global steel major ArcelorMittal is keen to expand its presence in India, Steel Minister Dharmendra Pradhan said on Saturday. Pradhan, who met ArcelorMittal Chairman and CEO Lakshmi Niwas Mittal here, assured him of full support to leverage the country's large market. The meeting comes a day after ArcelorMittal initiated payment of Rs 42,000 crore for acquiring debt-laden Essar Steel, which it had won in an insolvency process. "Had a fruitful meeting with Mr. Lakshmi Niwas Mittal, Chairman & CEO of ArcelorMittal @ArcelorMittal. We had wide ranging discussions on ways to boost domestic steel production through technology upgradation & attracting more investments in the steel sector, " Pradhan said in a tweet. In another tweet, the minister said ArcelorMittal is keen to expand its presence in India and he has assured the company of full support and cooperation to help leverage India's large and diverse market, rising demand and investor friendly regime. The decks for acquisition

Budget 2020: Pradhan hopes for signal on ATF, natural gas inclusion in GST

5 commodities namely crude oil, natural gas, petrol, diesel, and aviation turbine fuel (ATF) were kept out of GST's purview given the revenue dependence of state governments on these sectors

BPCL privatisation: Govt has no business to be in business, says Pradhan

Currently, 95 per cent of retail petrol and diesel sales and near 100 per cent of cooking gas (LPG) and kerosene sales are controlled by the public sector units.

Growth after slowdown: India a net exporter of steel in FY20, says Pradhan

He was responding to a query on whether the government proposes to set up new steel plants in Haryana

60 complaints against FSNL's MD including caste-based discrimination

In a separate reply, Pradhan said the complaints received by the government are forwarded for examination and comments of chief vigilance officer of FSNL

Going for more professionalism in PSUs via equity dilution: Pradhan

The Union Cabinet on Wednesday decided to sell its entire stake in three enterprises and bring down stake below 51 per cent in select PSUs

Pradhan urges steelmakers to adopt green practices, boost production

As the country invests Rs 100 trillion in creating and upgrading infrastructure, steel consumption is poised to grow exponentially

Top Headlines: Wilful defaulters revealed, IOC may not bid for BPCL & more

Here are the top headlines of the day

India exported 6.39 MT steel in 2018-19, down 34% from last year

Minister of Steel Dharmendra Pradhan said that in the next two-three years, India will be in a position to continue to remain the net exporter of steel for years

Need self-sufficiency in high-grade steel; industry must step up: Pradhan

High grade and value-added steel are used in power, defence and automobile which is currently imported

IOC in talks with Rosneft to import Russian oil: Chairman Sanjiv Singh

Oil minister Dharmendra Pradhan said late on Monday that India is open to importing oil from Russia.

India best place for oil & gas investors: Pradhan to foreign firms

India is expanding oil refining capacity to produce more fuel and petrochemicals as also investing in pipelines and terminals to increase the share of natural gas in the energy mix.

BPCL privatisation: Pradhan says competition could benefit consumers

It is being speculated that the Union Cabinet may take up a proposal to privatise BPCL as early as next week

India to spend $1.4 trn over 5 years on infrastructure development: Pradhan

All this, Pradhan said, augurs well for the steel demand in the country

Dharmendra Pradhan invites Japan steel companies to invest in India

His meeting assumes significance as steel companies in Japan have shown interest in investing in India.

Naveen Patnaik has not fulfilled promise made to people: Dharmendra Pradhan

He was campaigning for BJP candidate Sanat Gartia in Bijepur assembly by-election

India to invest $60 bn in developing gas supply, distribution: Oil minister

The government is giving special impetus to develop gas infrastructure across the length and breadth of the country connecting north to south and east to west parts of India, he said.

Petrol, diesel prices may come down as oil supply woes have subsided

India's diversified crude and product basket was one reason that helped India in avoiding the Saudi Aramco crisis.

Rule change by mines ministry likely to benefit state-run companies

The lease would then be extended for a further period of up to 20 years at a time