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NEW DELHI: Crude oil production fell 3.6 per cent and natural gas shrank 7.1 per cent in December from a year earlier as producers struggled with ageing fields.ONGC, the nation’s largest producer of oil and gas, registered a 2.8 per cent decline in oil production while Oil India’s output was down 16.2 per cent, according to the Oil Ministry data. Fields operated by the private sector witnessed 11.6 per cent decline in oil production.India’s oil production has been falling for almost a decade due to ageing fields and the absence of any major discovery for years. Both state and private players have been working on investment plans to raise recovery from older fields.Domestic gas output, however, is expected to rise in the coming months as new fields have begun production.Refiners processed 0.9 per cent more crude in December from a year earlier. In November, they processed 5.1 per cent less crude. Growing domestic fuel demand has driven up run rates at refineries. Crude … [Read more...] about Crude oil production falls 3.6 per cent, natural gas shrinks 7.1 per cent in December

New Delhi: Fintech company BharatPe on Wednesday said it has raised Rs 50 crore (about USD 7 million) in debt from venture debt firm Trifecta Capital. This is the third tranche of debt fund financing raise by BharatPe. In the last two tranches, the company has raised Rs 199 crore in debt. "BharatPe is committed to empowering the small merchants and Kirana store owners with easy to use and secure fintech products. The fact that we have been able to raise debt from all three renowned venture debt providers - Alteria, Innoven and Trifecta Capital - in the largest single raise is a testimony of the scalability of our business model," BharatPe co-founder and CEO Ashneer Grover said. The debt raised will help further build the lending business and enable credit for millions of businesses across India's length and breadth, he added. BharatPe has raised Rs 90 crore in debt from Alteria Capital, Rs 49 crore from ICICI Bank and Rs 60 crore in debt from Innoven Capital. Previously, the company … [Read more...] about BharatPe raises Rs 50 cr debt from Trifecta Capital

"As of now, we are likely to allow 50% spectators for the four Test matches. The BCCI is in talks with both state cricket associations (TNCA and GCA) and also state health authorities," a senior BCCI source told PTI on conditions of anonymity. … [Read more...] about BCCI likely to allow 50% crowd attendance for England Tests

Looking to get power tools and instruments for your simple home chores? Well, the Amazon Republic Day Sale brings to you some highly popular power tools and instruments from prestigious brands like Bosch, DEWALT, Stanley, iBELL, ORILEY, Blue Star, Haier, and so on. This Amazon sale offers products like angle grinders, marble cutters, welding machines, deep freezers, drill machines, power tool accessories, soldiering equipment, safety shoes, electrical testing equipment, and many more. Amazon Republic Day Sale 2021: Category wise deals Up to 60% off on Industrial tools like hand tools, power tool accessories, and power tools Save Rs 2,176 on Bosch GDC 121 Marble Cutter Save Rs 3,972 on iBELL Inverter ARC Welding Machine Save Rs 1,155 on KROST TC-10A 10mm Electric Drill 56% off on BLACK+DECKER KR554RE Hammer Drill Machine Save Rs 1,778 on STANLEY SDH600 600W 13mm Impact Hammer Drill Testing & Measuring Device starting from Rs 199 Deals on Electrical Testing Devices like … [Read more...] about Amazon Offers Up to 50% off on Power Tools and Instruments from Bosch, DEWALT, Stanley, iBELL, Haier, Fluke, Blue Star, and similar brands

India's COVID-19 tally had crossed the 20 lakh-mark on August 7, 30 lakh on August 23, 40 lakh on September 5 and 50 lakh on September 16. It went past 60 lakh on September 28, 70 lakh on October 11, 80 lakh on October 29, 90 lakh on November 20 and surpassed the one crore-mark on December 19. … [Read more...] about India’s COVID-19 caseload rises to 1,05,95,660