Meghalaya opposes UCIL move on open pit uranium mining

Shillong, July 23  Meghalaya has asked the Uranium Corp of India Ltd (UCIL) to keep in abeyance the Expression of Interest (EOI) for a mine and processing plant of uranium ore in South West Khasi Hills district, Chief Minister Mukul Sangma said on Friday.

Sangma, who held a meeting with…

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ONGC Videsh raises $1 bn by dollar bonds for Vankor stake purchase

New Delhi, July 22 :  State-run explorer ONGC’s overseas arm ONGC Videsh Ltd (ONGC) has raised $1 billion through a US dollar bonds issue to finance its acquisition of 15 per cent stake in Russia’s Vankor oil field, the company said in a stock exchange filing on Thursday…

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Growth in external private debt makes emerging economies vulnerable: Moody's

Chennai, July 21 : The growth in debt levels over the decade-mainly driven by private debts makes emerging market economies vulnerable to external shocks, global credit rating agency Moody’s Investors Service has said in a report.

According to the report titled ‘The Evolution of Emerging Markets External Debt: Private…

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India, US agree to boost cooperation in oil, gas

New Delhi, July 20 :  Petroleum Minister Dharmendra Pradhan and US Secretary for Energy Ernest Moniz have agreed to increase technical and institutional cooperation on hydrocarbons and energy, an official said here on Tuesday.

The two sides agreed to enhance cooperation in “assessment of both onshore and offshore conventional and unconventional…

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The earlier GST Bill is passed, the better for states: Jaitley

New Delhi, Jul 19 (PTI) Government today urged the Rajya Sabha to pass the GST bill expeditiously to enable states get a share of the Service Tax which is not shared under the provisions of 14th Finance Commission.

“As per the 14th Finance Commission, service tax is not shared with…

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