Petroleum & Natural Gas Regulatory Board (P&NGRB) has allowed Indraprastha Gas Ltd (IGL) to implement gas distribution network in the entire national capital region of Delhi. IGL supplies compressed natural gas (CNG) and piped natural gas (PNG) across NCR.

It is a joint venture of State run GAIL (India) Ltd and Bharat Petroleum Corporation Ltd along with Government of NCT of Delhi.

The Union Government has announced a huge pay hike for executives and non-unionized supervisors of Central Public Sector Enterprises (CPSEs). They had earlier threatened to start agitation in case the government failed to meet their demands. The revised pay hike would be effective from January 1, 2007. PSU officers would also be entitled to get performance related incentives besides two to three fold increase in basic pay and allowances.

Punjab National Bank (PNB) has entered into an agreement with Mother Dairy, a wholly-owned subsidiary of National Dairy Development Board, to benefit the milk producers in Uttar Pradesh. 

According to the sources, the tie-up would ensure better prices for their produce and time-bound payment through smart cards, to be distributed by the bank.

PNB stated in a release that, a pilot project has already been launched in Bulandshahr district in western UP.