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Government to auction marginal fields owned by ONGC, Oil India

News The government will soon auction 69 small and marginal oil fields of state-owned ONGC and Oil India to private firms as a precursor to a full fledged licensing round. The Oil Ministry has floated a note for Cabinet Committee on Economic Affairs (CCEA) for auctioning of the fields that ...

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IRFC may raise Rs 6,300 crore via rupee-denominate bonds abroad

News Indian Railways Finance Corp may become the first domestic entity to sell offshore rupee-denominated bonds after RBI allowed this in its April 7 monetary policy. The finance wing of the Indian Railways could raise as much as Rs 6,300 crore through such an offer as it seeks to generate ...

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Railway launches mobile app for paperless unreserved tickets

News Moving ahead in line with digital India, railways today launched mobile application for paperless unreserved tickets. Railway Minister Suresh Prabhu introduced from here the mobile app for paperless unreserved ticketing for commuters in Egmore and Tambram suburban sections in Chennai under Southern Railway zone. It was a budget proposal ...

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