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Thursday, July 09, 2020

Karunjit Singh


Explained: How winter diesel will help Indian Army in Ladakh?
Mon, Jul 06, 2020

Winter diesel is a specialised fuel that was introduced by IOCL last year specifically for high altitude regions and low-temperature regions such as Ladakh, where ordinary diesel can become unusable.

Whistle-blowing: ‘50% professionals think complaints won’t be addressed’
Wed, Jul 01, 2020

Listed companies, companies which accept public deposits, and companies which have borrowed Rs 50 crore or more from banks or public financial institutions are required to establish a vigil mechanism for directors and employees to report genuine concerns

Explained: Why India is producing less and less oil
Tue, Jun 30, 2020

A lack of new oil discoveries in India coupled with a long lead time to begin production from discovered wells has led to a steady decline in India’s crude oil production.

Most coal blocks already allotted and surrendered as allottees ‘failed to develop within deadline’
Fri, Jun 26, 2020

Experts noted that the surrender of these blocks did not indicate any issues with the mining potential of these blocks as many were surrendered after the allottees did not develop the blocks for production in line with timelines agreed upon.

Explained: Why diesel has become more expensive than petrol in Delhi
Thu, Jun 25, 2020

The price of diesel has traditionally been lower than that of petrol and continues to be lower in other parts of the country. In Delhi, diesel is now costlier than petrol after 18 hikes in a row.

Chhattisgarh asks Centre to exclude four blocks from commercial coal mining over environment concerns
Mon, Jun 22, 2020

Separately, Jharkhand has moved the Supreme Court to block the auction of its coal blocks which are a part of this auction.

Explained: Why India is trying to boost its oil refining capacity
Fri, Jun 19, 2020

India is set to double its refining capacity for crude oil to 450-500 million tonnes per annum by 2030. Why this boost? How will it be achieved?

Baghjan fire: IOWU wants pvt contractors out
Wed, Jun 17, 2020

Well number 5 of the Baghjan oil field suffered a blowout on May 27 during a ‘workover’ procedure aimed at extending the productivity of the well, handled by John Energy Private Ltd, contracted by OIL for the process.

India’s first gas exchange: what it is, and how it will work
Fri, Jun 19, 2020

The IGX is a digital trading platform that will allow buyers and sellers of natural gas to trade both in the spot market and in the forward market for imported natural gas across three hubs

‘Cabinet nod to suspend IBC proceedings’ initiation for 1 yr’
Fri, Jun 05, 2020

“The proposal is to suspend sections 7,9 and 10 of the IBC for a period of 6 months with an enabling provision allowing for it to be extended upto 1 year,” said a government official.

RC Bhargava Interview: ‘Virus should be controlled… Rate cuts made by RBI should be passed on to customers’
Wed, Jun 03, 2020

Bhargava also said that while sales of Maruti Suzuki cars would be lower this year than in the previous fiscal, it was impossible to realistically forecast the performance of Maruti Suzuki or the auto industry as whole for FY21 at this stage.

Explained: Why is the Companies Act being changed?
Thu, May 21, 2020

The recently decriminalised offences include administrative offences such as delays in filing CSR reports, or failure to rectify the register of members in compliance with orders from the NCLT.

Keeping old shirt on: As buyers turn cautious & stick to past designs, sector sees dip in orders
Tue, May 19, 2020

Exports in the textiles sector witnessed a steep drop in April. For instance, shipments from Tirupur plummeted nearly 90 per cent to around Rs 225 crore that month due to a combination of low demand and the nationwide lockdown, according to Tirupur Exporters Association executive secretary S Sakthivel.

Economic package: No fresh bankruptcy filings for a year, some provisions of Companies Act decriminalised
Mon, May 18, 2020

A majority of the announcements made today are repeats of earlier proposals or a repackaging of old schemes and announcements.

Nirmala Sitharaman: Covid-related debts excluded from default under IBC
Sun, May 17, 2020

The norms for which defaults will be excluded or from when the one year will be counted have, however, not been announced.

Explained: New rules governing rights issues, and implications for shareholders
Sat, May 16, 2020

Capital markets regulator Securities and Exchange Board of India (SEBI) has come out with guidelines that allow listed companies to serve the letter of offer, application form, and other offer material electronically. What changes for a share holder?

Almost 40K projects to get relief from Rera compliance for 6 mths
Thu, May 14, 2020

The FM also announced a Rs 30,000-crore special liquidity scheme, in which the government will fully guarantee investments in investment grade debt paper of non-banking financial institutions, housing finance companies and microfinance institutions.

Self-reliant India: Which sectors depend on imports, and which do not
Thu, May 14, 2020

Prime Minister Narendra Modi has said Indians need to become “vocal for local”. Yet, how self reliant are India’s industries currently and how soon can they step up?

As OMCs pass on crude price slide, jet fuel down but no pass-through for auto fuels
Mon, May 11, 2020

Experts say that the demand for ATF has collapsed as it is only being used for cargo transport, relief and rescue work, as well as emergency services.

OMCs may see higher margins; little benefit for consumers from low oil prices since Jan
Thu, May 07, 2020

The Centre’s move to hike excise duty on petrol by Rs 10 per litre and on diesel by Rs 13 per litre has not resulted in any hike in pump prices as the duty increase has been absorbed by OMCs.