Archive for October, 2012

Global crude oil price of Indian basket marginally declines to US$ 107.29/bbl on 29.10.2012

Comments Off | 10-31-2012

The international crude oil price for Indian Basket as computed/published today by the Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas declined to US$.107.29/barrel (bbl) on 29.10.2012. This was marginally lower than US$ 107.33/bbl on the previous trading day’s figures of 25.10.2012.

In rupee terms, also

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Digitization reaches 93% in Metro cities. Ministry monitors digital switchover preparedness

Comments Off | 10-31-2012

Ministry of Information and Broadcasting has released data about achievement of Digitization in the 4 metro cities as on 30th October 2012.The data shows that in Delhi the Cable TV digitization has touched 92% and with DTH the percentage of digitization has gone upto 95%. For Mumbai the percentage of digitization is 100% whereas for

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Auction for Sale of Government Stocks

Comments Off | 10-31-2012

Government of India have announced the sale (re-issue) of (i) “8.07 percent Government Stock 2017-JUL” for a notified amount of Rs. 3,000 crore (nominal) through price based auction,  (ii) “8.33 percent Government Stock 2026” for a notified amount of Rs. 7,000 crore (nominal) through price based auction, and (iii) “8.97 percent Government Stock 2030” for

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K.V.Thomas Expresses Concern Over Low Foodgrains Offtake by the States

Comments Off | 10-31-2012

Ensuring food security to the people of the country has been one of the most important areas of focus for the Government. In order to be in a state of readiness to deliver provisions of proposed National Food Security Bill there is urgent need to strengthen Public Distribution System. This was stated by Prof. K.V.

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Centre to consider Punjab demands for more Coal

Comments Off | 10-31-2012

The Government is making all efforts to increase availability of Coal for the Power Sector and Coal India has been directed to give top priority to this. The Ministry of Coal will consider request of Punjab Government to ensure more coal for its Power Plant. This was conveyed by Shri Sriprakash Jaiswal to the Chief

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Jaipal Reddy takes over as Minister for Science and Technology and Earth Science

Comments Off | 10-30-2012

Shri Jaipal Reddy today took over as Minister for Science & Technology and Earth Science.
Speaking on the occasion, the Minister said that he was excited in the intellectual sense to be in charge of this Ministry. “ I believe in the philosophy and the technology of science. I ardently share Nehru’s admiration for Science &

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Shri Pawan Kumar Bansal Takes Over as Minister of Railways

Comments Off | 10-30-2012

Shri Pawan Kumar Bansal assumed charge as the Union Minister of Railways here today i.e. October 29, 2012. Prior to this, Shri Bansal was Union Minister of Parliament Affairs and Water Resources. He is a Member of Parliament (Lok Sabha) from Chandigarh constituency. Immediately after assuming the office, the Shri Bansal was briefed by Shri

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Jyotiraditya Scindia Takes Charge of Power Ministry

Comments Off | 10-30-2012

Following the cabinet reshuffle on Sunday 28th October , the new Minister for Power , Sh Jyotiraditya Scindia took charge of his new assignment at 9 am today. He brings with him a rich experience from his previous role as Minister of State for Commerce and Industry. Speaking to mediapersons, he said that illustrious individuals

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Shri Veerappa Moily Assumes Charge as New Petroleum Minister

Comments Off | 10-30-2012

Dr. (Shri) M. Veerappa Moily assumed office as new Minister of Petroleum and Natural Gas, here today. He was earlier Minister of Power and Corporate Affairs. Outlining his priorities on the occasion, Shri Moily said that he would work towards providing energy security to the people of India. Bridging the gap in per capita consumption

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K. H. Muniyappa takes Charge of MSME Ministry

Comments Off | 10-30-2012

K.H. Muniyappa, Union Minister assumed charge as Minister of State with Independent charge of the Ministry of Micro, Medium and Small Enterprise (MSME) today. Present on the occasion were Shri Vivek Rae, (Secretary MSME), Shri Amarendra Sinha, (AS & DC) and Shri H.P. Kumar, (CMD), National Small Industries Corporation (NSIC), Shri Arun Kumar Jha, Director

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