Stay updated with breaking news from Usiness articles. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Sri Lanka has been scouting for LNG for running gas-based power plants and use it in other industries, and has now agreed to take supplies from Petronet LNG. As for the planned FSRU, it has been under discussion for years, and is finally likely to see the light of day some time in 2028.
The central bank also retained the stance of the monetary policy as ‘withdrawal of accommodation’ in a 5:1 majority decision. The central bank has retained the headline inflation forecast at 5.4 per cent for the current fiscal as uncertainty persists on the food prices front.
Nadella emphasised that developers need to understand the power of platform shifts as they are key to why we take these as inputs that drive economic growth in India.
The refinery-cum-petrochemicals complex, being built at a cost of nearly Rs 73,000 crore, will have a crude processing capacity of 9 million tonnes per annum (mtpa) and is expected to cater to the rapidly rising fuel demand in the northern parts of the country.
“If a fraud takes place, the money trail can be traced and established but currently there is no SOP to return the money to the consumer. We are working on SOP for banks to return the money to the victim,” the secretary said.
OSAT facilities offer third-party packaging and test services, along with packaging silicon devices that are manufactured by foundries and provide testing devices before shipping to the market.
“Headline inflation moderated to an average of 5.5 per cent during April-December 2023 from 6.7 per cent during 2022-23. Food price inflation, however, continued to impart considerable volatility to the inflation trajectory,” he said while unveiling the monetary policy review.