Archive for May, 2014

“NHAI Approves 9 Proposals for Deferment of Premium “

Comments Off | 05-25-2014

The Board of NHAI considered 9 proposals for deferment of premium and approved the same. In all, these 9 proposals involve deferment of premium for a total value of Rs. 5959.93 crores. The period during which such deferment is considered spans the period 2014-15 till 2026-27, with the deferment granted during 2014-15

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Global crude oil price of Indian Basket increased marginally to US$ 108.28 per bbl on 22.05.2014

Comments Off | 05-25-2014

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas went up to US$ 108.28 per barrel (bbl) on 22.05.2014. This was higher than the price of US$ 108.03 per bbl on previous publishing day of 21.05.2014.
In rupee terms,

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IREDA and AFD Sign Euro 100 million Agreement

Comments Off | 05-25-2014

The Agence Francaise de Developpement (AFD) is extending a Line of Credit (LoC) of Euro 100 million to M/s Indian Renewable Energy Development Agency Ltd. (IREDA) to be utilized for financing Renewable Energy and Energy Efficiency projects in India. The said Line of Credit is being extended for a tenure of 15 years and without

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Global crude oil price of Indian Basket increased to US$ 108.03 per bbl on 21.05.2014

Comments Off | 05-25-2014

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas went up to US$ 108.03 per barrel (bbl) on 21.05.2014. This was higher than the price of US$ 107.48 per bbl on previous publishing day of 20.05.2014.
In rupee terms,

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All-India Consumer Price Index Numbers for Agricultural and Rural Labourers on Base 1986-87=100 April , 2014

Comments Off | 05-25-2014

The All-India Consumer Price Index Numbers for Agricultural Labourers and Rural Labourers (Base: 1986-87=100) for April, 2014 increased by 8 points each to stand at 771 ( Seven hundred and seventy one) points and 773 (Seven hundred and seventy three) points respectively.
The rise in index varied from State to State. In case of Agricultural

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Commodity-Wise Freight Traffic Earnings by Railways during April 2014

Comments Off | 05-17-2014

Out of the total earnings of Rs. 8071.17 crore from commodity-wise freight traffic during the month of April 2014, Rs. 3501.18 crore generated from transportation of 43.26 million tonnes of coal, followed by Rs. 684.71 crore from 9.53 million tonnes of iron ore for exports, steel plants and for other domestic user, Rs. 862.57 crore

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“Foodgrains Production in 2013-14 Likely to Cross 264 MT: Highest Ever Production Production of Many Crops is Likely to Break Earlier Records 3rd Advance Estimates of Crop Production Released”

Comments Off | 05-17-2014

India is likely to produce 264.38 million tonnes of foodgrains during 2013-14 (includes kharif 2013 and rabi 2013-14crops) compared to 257.13 million tonnes last year. This is more than 7 million tonnes higher than the production last year. In the earlier estimates (2nd Advance Estimates) released in February, the total foodgrain production was pegged at

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Diesel Under-Recovery decreases to Rs 4.41/litre for the fortnight commencing 16.05.2014

Comments Off | 05-17-2014

The Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas has reviewed international prices of crude oil and petroleum products during the 1st fortnight of May 2014. Accordingly, the under-recovery on High Speed Diesel (HSD) applicable for 2nd fortnight of May effective 16.05.2014 will go down to Rs 4.41 per

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Global crude oil price of Indian Basket increased to US$ 106.99 per bbl on 14.05.2014

Comments Off | 05-17-2014

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas went up to US$ 106.99 per barrel (bbl) on 14.05.2014. This was higher than the price of US$ 105.58 per bbl on previous publishing day of 12.05.2014.
In rupee terms,

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Tenth Meeting of the Financial Stability And Development Council (FSDC) Held Under the Chairmanship of the Union Finance Minister ; Took Stock of the Indian Economy and Deliberated on Domestic and Global Growth Scenario, Fiscal, Monetary and External Sector, Foreign Capital Flows, Inflation, Developments in Financial Markets and the Outlook and Challenges Facing the Indian Economy

Comments Off | 05-17-2014

The Tenth Meeting of the Financial Stability and Development Council (FSDC) was held here today under the Chairmanship of the Union Minister of Finance, Shri P. Chidambaram. The meeting was attended among others by Dr. Raghuram G. Rajan, Governor, RBI; Dr. Arvind Mayaram, Finance Secretary; Shri G.S. Sandhu, Secretary, Department of Financial Services; Shri U.K.Sinha,

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