The prime minister also decided to stop using special plane for foreign visits or domestic travelling and use business class.
'The probability of this being a suckers' rally, where all kinds of beaten down stocks have begun to rally sharply, should be a time to be cautious and circumspect.'
Kovind has also decided to defer purchase of the Presidential Limousine which was to be used for ceremonial occasions. 'The existing resources of the Rashtrapati Bhavan and the government will be shared and used for such occasions,' a communique said.
The selection gives a boost to the US engine firm, which lost out to rival manufacturer CFM International for IndiGo's 280 aircraft engine order in June.
West Bengal Chief Minister Mamata Banerjee on Thursday said there is no alternative to the Trinamool Congress, and no other party can take its place in the state.
The unit, with a capacity to produce 150 Mw of power, has been shut since March 2009. Prior to its closure due to environmental reasons, the unit was running on liquid fuel. Reliance has already signed gas sales and purchase agreements with nine power sector players for supply of 11 mmscmd of natural gas from the KG-D6 block.
State-run NTPC has agreed to buy natural gas from Reliance Industries but is opposed to paying marketing margin to the private firm and wants to use the fuel at plants other than Kawas and Gandhar that were identified by the government.
CNG prices in Mumbai may have to be hiked by about Rs 16 per kg and piped cooking gas by Rs 10 after government decided to divert some of its cheaper domestic gas to Gujarat.
Within days of approving a price formula for gas to be produced by Reliance Industries, the government said on Friday it will ask the Mukesh Ambani company to prioritise fuel sales to fertiliser plants, city gas and existing power plants.
The mass cancellation of coal blocks by the Supreme Court has sent banks in a jittery mode as they have extended over Rs 1 lakh crore loans to power plants that were fed by these mines.
The ministry has also noted the controversial proposal of opening up the coal sector and restructuring of CIL.
WPI inflation even breached psychological level of 0% in Nov.
Though the current National Democratic Alliance government has not endorsed the figure, it has not even repudiated it.
The Modi government has not lived up to the muscularity the prime minister promised while campaigning, says Ajai Shukla
'This (opposition to the project) is not just architects, but everyone needs to know more.' 'We need to be allowed to participate, maybe, you can ignore what we have to say, that's your decision.' 'At least follow the process.
Non-mineral-rich states will benefit from tariff concessions.
Zomato replied to the customer saying, "Food doesn't have a religion. It is a religion."
In their pre-budget expectations, they also asked the government to assess the option of developing unused airstrips located in various parts of the country to boost air connectivity.
Ratnagiri Gas & Power Pvt Ltd, in charge of Dabhol assets since 2005, has admitted it is passing through a difficult phase in the absence of gas allocation and low recovery of dues from the Maharashtra State Electricity Distribution Company.
Oil firms' borrowings could fall by up to Rs 15,000 cr, govt's subsidy bill by 12% .
UP and Bihar contributed 105 seats to the BJP's tally in 2014. It has now lost 8 Lok Sabha by-polls in the last four years, including three successive losses in UP and two seats in Rajasthan.
Realistically, coal will be the major fuel for electricity generation in India, as in America, for a long time.
Mumbai sources all of its gas requirement from domestic fields and as such there will be no cut in rates in the city.
The pricing and marketing freedom for exploitation would be capped by a ceiling price.
The national budget 2019-20 had an outlay of Rs 10,000 crore for Phase-II of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles scheme to boost electric mobility and increase the number of EVs in commercial fleets.
To increase gas availability for power plants, the Ministry of Petroleum and Natural Gas has taken various steps.
One reason is that airlines have ramped up capacity and expanded their presence in tier-II markets. The first of a three-part series analyses how the aviation industry is an outlier in the midst of an overall economic slowdown.
The government's move to set up a regulator for the coal sector would help bring in transparency, encourage exploration and enhance quality of the dry fuel, India Inc said on Friday.
In an urgent need for its image makeover, the scam-tainted coal sector will require mammoth efforts in 2015 from the government and the corporates too.
Jaitley also said the government will soon unveil reforms for other natural resources sectors along the lines of coal block auctions.
For Hero MotoCorp, India's largest two-wheeler company, it's a calculated gambit to revive Harley-Davidson whose ride in India has been anything but easy since it got here.When automotive firms embark on alliances, it's a roll of the dice on how such marriages will play out.
Private participation remains lacklustre.
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
'The day I took charge, the PM told me you do the following -- stop imports, talk to all stakeholders and involve them to make mining more industry-friendly without affecting the environment.'
Strategic direction post-COVID-19 and further details on asset monetisation are key expectations from the 43rd AGM of RIL, analysts said.
Pooling will also kick-start projects of Reliance Power, Torrent, Lanco.
With their balance sheets under stress, private companies have lost interest in them.
Friendlier government policies, greater demand and better supply of coal have fuelled investor interest.
Arun Jaitley presented the Budget in Parliament on Saturday.
In the long run, the decision could bring clearer rules to a sector that has failed to provide India with enough power because it has been so hamstrung by confusion and scandals over concessions allegedly handed to government cronies.
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