Oil Ministry to ensure needy not denied fuel subsidy

Economic Times | August 6, 2017 New Delhi: A mechanism is in the works to ensure that the poor are not deprived of cooking gas or kerosene subsidy, which is slowly being phased out, oil ministry officials said. “What is at the heart of our thinking is that the needy and deserving must get subsidy [...]

August 6th, 2017|Uncategorized|

Crude oil down in Asia with supply, monthly reports ahead this week

Investing | August 6, 2017 Crude oil prices eased in Asia on Monday with a supply meeting in Abu Dhabi and monthly reports later in the week expected to set the tone.The U.S. West Texas Intermediate crude September contract fell 0.12% to $49.522 a barrel. Elsewhere, on the ICE Futures Exchange in London, Brent oil for October delivery [...]

August 6th, 2017|Uncategorized|

Oil Ministry to ensure needy not denied fuel subsidy

Economic Times | August 6, 2017 New Delhi: A mechanism is in the works to ensure that the poor are not deprived of cooking gas or kerosene subsidy, which is slowly being phased out, oil ministry officials said. “What is at the heart of our thinking is that the needy and deserving must get subsidy [...]

August 6th, 2017|Non Agri Commodities|

IOC chalks out plan to double refining capacity by 2030

Economic Times | August 6, 2017 New Delhi: State-owned Indian Oil CorporationBSE 7.99 % (IOC) plans to nearly double oil refining capacity to 150 mt by 2030 and source 10 per cent of the need from its own assets, said Chairman Sanjiv Singh. India's largest oil firm possesses refining capacity to produce 80.7 million tonnes per [...]

August 6th, 2017|Uncategorized|

India set for record kharif crop harvest

Economic Times | August 6, 2017 NEW DELHI: Foodgrain output in the ongoing 2017-18 kharif season is likely to surpass last year's record of 138.04 million tonnes due to higher acreage and good monsoon for the second straight year, Agriculture Secretary Shobhana K Pattanayak said today.So far, more than 80 per cent of the sowing [...]

August 6th, 2017|Agricultural|

Special raw cotton storage facility at VOC port

New Indian Express | August 6, 2017 Thoothukudi: Reintroducing cotton trade from the Thoothukudi VOC port in a big way, a special storage facility for handling raw cotton was launched open at the Dakshin Bharat Gateway Container Terminal here, on Friday. This is India’s first such facility and an initial step towards establishing the ambitious [...]

August 6th, 2017|Uncategorized|
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