Fuel prices were first kept static to protect consumers from rise in oil prices, and then for OMCs to recover losses. With OMCs in profit now, daily pricing mechanism can be restored.
Ships hauling everything from coal to iron ore & consumer goods on domestic routes may run out of fuel as India struggles to meet new environmental standards.
ONGC’s cash balance fell to Rs 167 crore in Sept 2018 from Rs 9,511 crore in March 2017, but it says it has enough to finance current and future projects.
ONGC’s cash & bank balances hit Rs 167 crore in Sept 2018, down from Rs 9,511 crore in March 2017, following the acquisition of HPCL and other govt diktats.
Companies including Indian Oil Corp., Bharat Petroleum Corp. and Hindustan Petroleum Corp. will have bear a loss of up to 1 rupee per liter on sale of diesel and gasoline.
Country's used lithium-ion battery problem is also set to grow sharply in next decade. India 3rd largest e-waste producer with 7% global share but currently recycles only about 10% of it.
Shield AI will provide V-BAT vertical takeoff & landing drones along with licences for software, which will be integrated into aircraft and made available to select Indian partners.
No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.
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