The government was planning to come up with a new fiscal model giving 'special incentives' for fields that were given out on nomination to ONGC and Oil India, reports Shine Jacob.
The Centre is likely to cut budgetary support to the railways by around Rs 5,000-10,000 crore for 2018-19, out of the total budgeted GBS of Rs 53,060 crore. Due to this cut in GBS, the railways is likely to depend more on borrowings, asset monetisation, and internal generation to meet the capex target of Rs 1.465 trillion for the current year.
CARE Ratings, in a report, said it foresees an increase in the retail prices of petrol and diesel in the coming few days, depending on how the oil markets react in the reduction in supply from the cartel.
Electronic devices installed along tracks provide train signals to a computer fitted in the locomotive. If a driver goes over the designated speed, a dashboard in front of him gives a red alert sign at first. Even after this, if the train continues its journey, the train's brake is automatically applied.
Railway hospitals will offer postgraduate courses for medical students.
One of the major advantages of buying Iran crude is the additional credit period of 90 days that the country gives to India, compared to 30 days by other countries.
As fuel prices surged in September, the government's decision to ask companies to cut price by Rs1 each on a litre of petrol and diesel came as a dampner for private players.
As the national transporter is planning to come out with semi-high speed routes where trains can clock an average speed of 160-200 kmph, dedicated testing becomes essential.
The railways, the country's largest employer, will be hiring 127,000 people in 2018-2019, for which 23.7 million are competing.
The saffron party will use Lord Ayyappa the same way it made use of Lord Ram in the north to take away the Nair vote and make electoral inroads in the state.
At present, India has 56,999 fuel outlets. Of those, only 6,276 are owned by private companies
The benchmark Indian crude oil basket is now estimated to average $77.88 a barrel for FY19, compared to the government's earlier estimate of $65 a barrel for the year and $56.39 for FY18
Senior policymakers say it is a tough task and the finance ministry may resort to the time-tested method of carrying forward part of the subsidy payment burden to the next fiscal year.
In the imports bracket, India was the United States' 11th largest supplier of goods in 2017
The Central government is stuck between the devil and the deep blue sea as far as the runaway fuel prices are concerned.
Institute says Sambalpur University, where it has been housed since April, is refusing to honour an MoU to provide two hostels to its students.
For many, he is the Dhirubhai Ambani of Kerala. For others, he is the most influential Indian in West Asia. M A Yusuff is back in the spotlight after the controversy surrounding the UAE's reported offer of a Rs 7 billion aid package for flood-hit Kerala.
The dealers are protesting against the use of petrol pumps for government campaigns and seeking of personal data of over a million people working there
Looking into the flexi-fare scheme in Rajdhani, Duronto and Shatabdi trains introduced in September 2016, the CAG stated that occupancy in all classes except the sleeper class in Duronto decreased.
Interestingly, PM Modi had thanked his UAE counterpart Sheikh Mohammed bin Rashid Al Maktoum for offering the support to the rain-battered state on August 18.
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