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No rethink on gas price hike decision: Veerappa Moily

Last Updated: Thursday, July 11, 2013, 16:23

The Finance Ministry yesterday wrote to Oil Ministry suggesting setting of a ceiling or an upper limit for the rates.

Power Ministry seeks inputs to lessen impact of gas price hike

Last Updated: Wednesday, July 10, 2013, 21:06

In the wake of the recently proposed natural gas price hike, the Power Ministry has sought suggestions from stakeholders to mitigate its impact on electricity tariffs.

Fin Min asks Oil Min if natural gas price should be capped

Last Updated: Wednesday, July 10, 2013, 16:34

After aggressively pushing for a hike in natural gas prices, the Finance Ministry has written to Oil Ministry seeking "appropriate action" on suggestions for putting a cap upto which rates can be raised.

Q1 natural gas price $6.8 per unit by Ranga panel formula

Last Updated: Saturday, July 06, 2013, 10:08

The price for natural gas in India for the April-June quarter of this year comes to USD 6.83 per unit, as per the government's new gas pricing policy, the petroleum ministry said.

Concerns of power, fertiliser will be addressed: Chidambaram

Last Updated: Thursday, July 04, 2013, 18:04

Days after the government nearly doubled natural gas price, Finance Minister P Chidambaram said concerns of power and fertiliser sector will be addressed before the increase is implemented in April 2014.

Govt to gain $2.2 bn from gas price hike: Report

Last Updated: Wednesday, July 03, 2013, 18:02

The Cabinet Committee on Economic Affairs (CCEA) had on June 27 approved raising natural gas prices from April 2014 to an average of prevailing rates at international benchmarks and cost of imported LNG into the country.

Jaya protests Cabinet nod to raise natural gas price

Last Updated: Monday, July 01, 2013, 11:52

Strongly protesting the cabinet approval of natual gas price increase, Tamil Nadu Chief Minister J Jayalalithaa Monday said the move will benefit only a particular company.

Govt approves near doubling of natural gas price

Last Updated: Thursday, June 27, 2013, 22:24

Biting the bullet, the government Thursday approved near doubling of natural gas prices to USD 8.4 from April 1 next year, a move which will result in rise in power tariff, urea cost and CNG prices.

Govt approves near doubling of natural gas price

Last Updated: Thursday, June 27, 2013, 09:02

Biting the bullet, the government Thursday approved near doubling of natural gas prices to USD 8.4 from April 1 next year, a move which will result in rise in power tariff, urea cost and CNG prices.

CCEA to consider doubling gas price Thursday

Last Updated: Wednesday, June 26, 2013, 16:57

The Cabinet will Thursday decide on raising natural gas prices for the first time in three years even as the move faces stiff resistance as it would result in rise in electricity tariff and fertiliser cost.

CNG prices in Delhi hiked by Rs 2 per kg

Last Updated: Monday, June 24, 2013, 20:05

Price of compressed natural gas (CNG) in Delhi was on Monday hiked by Rs 2 per kg, to be effective from midnight tonight.

Govt may take a call on raising natural gas prices this week

Last Updated: Monday, June 24, 2013, 18:14

The Cabinet may this week decide on raising natural gas prices for the first time more than three years, a move which will earn the government over Rs 3,000 crore more in taxes and other levies annually.