Drilling of two wells in B-80 block has completed: P Elango, MD, HOEC © Provided by Zee Business
P Elango, Managing Director, HOEC, talks about increasing crude prices & their impact on HOEC, B-80 block, Hardy Exploration & Production as well as Kharsang Oil Field and CapEx during a candid chat with Swati Khandelwal, Zee Business. Edited Excerpts:
Q: Crude prices have reached around $70 per barrel. What impact will it have and what are your expectations related to crude prices?
A: Really what happened is in January is Russia and Saudi Arabia did a very surprise announcement of cutting their production by one million barrels during February and March. This action which is taken by Saudi Arabia almost after several years without consulting OPEC sent a very strong signal in the market after which you saw the oil prices rallying upwards. The other factors that are happening are before the COVID hit the world an average of 100 million barrel of oil demand and supply was
Indian Hotels will open 50 hotels in the next 3 years: Puneet Chhatwal, MD & CEO
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Feb 10, 2021, 20:28 PM IST
New Delhi: The NITI Aayog CEO Amitabh Kant has said that the digitalisation is need of the hour and this way India will recover economic loss during the nationwide COVID-19 lockdown.
In an exclusive interview with Zee Business executive Editor Swati Khandelwal, Amitabh Kant said, Government s focus is on digitization, and added that the Production Linked Incentive Scheme (PLI) has been announced in 13 sectors.
He also said that the Government is working to privatise the non-strategic sector which will infuse productivity and better asset utilisation.
Notably, according to NITI Aayog, over 2.3 billion transactions worth Rs 4.2 trillion were recorded through Unified Payment Interface (UPI) in January 2021.
Budgetary announcements will generate employment opportunities: Nirmala Sitharaman © Provided by Zee Business
Minister of Finance and Corporate Affairs, Nirmala Sitharaman, speaks about the budget and idea behind it, what it carries for the common man - particularly the middle class, expenditure that has been lined up, disinvestment and strategic sales of the PSUs and share market among others during an interview with Swati Khandelwal, Zee Business.
Edited Excerpts:
Q: Congratulations! for presenting such a bold budget. We were going through the most challenging situation, yet we have presented the best budget to date. Is it the strength of India that we perform well in adversity and like to play from the front foot in such a situation?
millennials
Poly Medicure will make India Atmanirbhar in medical device segment: Himanshu Baid, Managing Director © Provided by Zee Business
Himanshu Baid, Managing Director, Poly Medicure Ltd, talks about his expectations from the budget, PLI scheme, Atmanirbhar scheme, new plants at Faridabad & Jaipur and acquisition plans among others during a candid chat with Swati Khandelwal, Zee Business. Edited Excerpts:
Q: Around 70% of the medical devices are imported in India but the government has provided an opportunity to companies under the production-linked incentive (PLI) scheme. Now tell us about your expectations from the budget like any further announcement that would benefit your company?
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