Page 2 - Twesh Mishra

India to push for lower price at CERAWeek as crude oil hits $85 a barrel

India will be anchoring the international meeting, which will be attended by representatives from the world's largest oil producer, Saudi Arabia and Opec

Rich Delhi and Tamil Nadu homes make biggest shift towards electric cooking

CEEW study found that penetration of e-cooking was 10.3% in urban homes, and just 2.7% in rural. Overall, just 5% of households across the country have shifted to this mode of preparing meals

Gati Shakti master plan may help cut logistics cost to 8% of GDP

Railways looking at Rs 50K cr of investments under the project

Delhi govt ramps up car pollution check, warns of Rs 10K fine on offenders

The state government has been adopting a mix of coercion and coaxing to bring down the number of polluting vehicles in the National Capital Territory

500 multimodal hubs at Rs 50k-cr investment under Gati Shakti: Vaishnaw

As many as 500 multimodal hubs are expected be developed under Gati Shakti Mission at an extra investment of Rs 50,000 crore in the next five years, says Railway Minister Ashwini Vaishnaw

CBI books Trimax IT Infra and management for cheating banks of Rs 862 crore

The firm had been involved with important govt tenders of BSNL, UPSRTC and Bengaluru Metropolitan Transport Corp

Indian Railways earns nearly Rs 1,000 cr more by ferrying imported coal

Cumulative freight earnings from imported coal stood at Rs 4,598.88 crore during the period

Reliance buys Norway's REC Solar Holdings from China's Bluestar for $771 mn

This is the first major renewable energy deal, where an equipment manufacturing facility has been acquired

PSU oil companies yet to recover about Rs 4,000 cr from PMUY beneficiaries

Companies may end up booking this amount as a loss or a customer acquisition cost

Major OMCs step off LPG price-hike pedal; absorb Rs 100 per cylinder

"At present prices, OMCs are absorbing Rs 100 per domestic cylinder," said an executive

PMUY beneficiaries may continue using around three cylinders a year

The Ministry of Petroleum and Natural Gas had introduced PMUY as a flagship scheme with an objective to make LPG available to the rural and deprived households

PMUY 2.0 nears 10 mn LPG connections target, 9.5 mn KYCs already in place

2.3 million connections disbursed between August 10 and September 15

Petrol and diesel price hikes look inevitable

Petrol and diesel were last increased on July 17 and July 15, respectively

Texmaco Rail looks to pare short-term debt to enhance profitability

Ashish Kumar Gupta, deputy managing director, TexRail, said the company is going to finalise the size and pricing of the rights issue before September-end

Gas price on IGX double since April, households to feel impact soon

Domestic gas price to be revised upwards from October 1

India-US alliance to advance clean energy goals, says John Kerry

US special envoy launches Climate Action and Finance Mobilisation Dialogue

Kerry visit marks India, US shifting gears for clean energy partnership

Strategic reserves, carbon capture, biofuels, and hydrogen enter Strategic Clean Energy Partnership between countries.

Making green hydrogen viable demands financial, tech support to lower costs

In terms of government support for green hydrogen, a cabinet note proposing to make it mandatory for fertiliser plants and oil refineries is in the works

Petroleum Minister Puri to meet Russian counterpart in Vladivostok

India-Russia to review and examine expanding bilateral energy cooperation in energy sector

Dim days for Ujjwala: High global prices ring death knell for LPG scheme

Sector watchers say budgetary allocations for LPG subsidy may soon vanish, going the way of kerosene subsidy in the Budget 2021