Units of measurement Current Affairs, GK & News

Units of measurement  Current Affairs, GK & News

Mexico discovers oil

Mexico recently announced one of its biggest oil discoveries. The discovery is the biggest since the find in 1987. The oil was discovered in the Quesqui Field in the Tabasco state on the Gulf coast. It is an on-shore field with a reserve of 500 million barrels of crude deposits. This is a combined estimate ..

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Urea: Make or Buy

The policymakers are pondering over a question whether it is worth “making” urea at $ 400 per tonne or more when you can import (“buy”) at under $300?. Other sections advocate for achieving self-sufficiency in this critical nitrogenous fertilizer. Why India must augment the capacity of local production? The domestic production cost also involves customs ..

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Mining firm Vedanta Ltd. gets approval for expansion of its plant in Rajasthan

Mining firm Vedanta Ltd. has received environment clearance approval for the expansion of its oil and gas operation in Rajasthan. This would entail the company an investment of Rs.12,000 crore. The proposal is to expand onshore oil and gas production from 3,00,000 Barrels oil per day to 4,00,000 BOPD and 165 mmscfd (million standard cubic ..

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Union Cabinet approves hike of Minimum Support Price (MSP) for raw jute

The Cabinet Committee on Economic Affairs (CCEA) has approved the increase in the Minimum Support Price (MSP) for Raw Jute for 2018-19 season. The MSP for Fair Average Quality of Raw Jute has been increased to Rs 3700 per quintal for 2018-19 season from Rs 3500 per quintal in 2017-18 season. The MSP of Raw ..

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India to be second largest producer of crude steel by 2015

As per the Government, India is expected to become the 2nd largest producer of crude steel in the world by 2015 Steel Industry in India: Contributes over 2% to the GDP. Production has escalated from 66 million tonne per annum in 2008-09 to 89 million tonne per annum in 2011-12 Per capita steel consumption has ..

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