BUDGET 2015
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India allocates $388 mln in FY15 budget to fill oil storage

India allocates $388 mln in FY15 budget to fill oil storage

India is building storage facilities at three locations in the south of the country to hold a total 36.87 million barrels of oil
DIPP operationalizes hike in FDI in insurance

DIPP operationalizes hike in FDI in insurance

A bill to replace ordinance on hike in FDI limit in insurance is likely to be presented in Lok Sabha on Tuesday
Round two of coal mine auctions may not see aggressive bidding

Round two of coal mine auctions may not see aggressive bidding

The 19 schedule III mines to be auctioned are underdeveloped and need significant land acquisition, say experts
Oil drops as gain in Saudi Arabian output boosts Opec production

Oil drops as gain in Saudi Arabian output boosts Opec production

Saudi Arabia’s output rose by 130,000 barrels a day to 9.85 million a day, the highest level since September 2013
Govt gets 107 applications for allotment of 43 coal mines to PSUs

Govt gets 107 applications for allotment of 43 coal mines to PSUs

Palma II mine in Chhattisgarh gets nine applications, highest for a single block
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More From energy

Power PSUs capex to rise nearly 7% at Rs54,910 crore in FY16
Sun, Mar 01 2015. 09 45 PM

Power PSUs capex to rise nearly 7% at Rs54,910 crore in FY16

In next financial year, NTPC earmarks capex of Rs.23,000 crore followed by Power Grid Rs.20,000 crore, NHPC Rs.4,180 crore
CIL board gives nod to East Corridor Rail project
Sun, Mar 01 2015. 09 05 PM

CIL board gives nod to East Corridor Rail project

Project, to see an investment of around Rs.2,500 crore, is to facilitate movement of passengers as well as freight, primarily coal, from Chhattisgarh
ATF price hiked by 8.2%, non-subsidised LPG to cost Rs5 more
Sun, Mar 01 2015. 04 07 PM

ATF price hiked by 8.2%, non-subsidised LPG to cost Rs5 more

The hike in rate of ATF follows seven consecutive monthly cuts since August, the last being by 11.27% from 1 February
Petrol, diesel prices hiked by at least Rs3/litre
Sat, Feb 28 2015. 09 09 PM

Petrol, diesel prices hiked by at least Rs3/litre

Petrol will be costlier by Rs3.18/litre and diesel by Rs3.09/litre
Budget 2015: Govt allots Rs5,900 crore for nuclear power, research
Sat, Feb 28 2015. 06 53 PM

Budget 2015: Govt allots Rs5,900 crore for nuclear power, research

Jaitley also announces that the second unit of Kudankulam Nuclear Power Project is likely to be commissioned this year
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