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CoS approves rejig of gas policy; city gas to get top priority

Last Updated: Monday, July 28, 2014, 19:29

A Committee of Secretaries has approved a rejig of natural gas allocation policy, giving city gas distribution firms like Indraprastha Gas Ltd top priority for allocation of domestically produced fuel.

Govt to appoint panel to suggest alternative gas pricing model

Last Updated: Thursday, July 24, 2014, 18:01

The panel, which will comprise of Pratap Bhanu Mehta and Bibek Debroy, Chief Executive and faculty respectively, of think-tank Centre for Policy Research, will be asked to submit its report by August 31.

Govt sets up new panel for gas pricing

Last Updated: Thursday, July 24, 2014, 10:32

The new government on June 25 postponed revision in natural gas prices by three months.

CAG flays govt's fuel pricing policy; says RIL, Essar Oil given undue benefits of Rs 667 cr

Last Updated: Friday, July 18, 2014, 18:30

State-owned fuel retailers buy diesel from private refiners as their own production is insufficient to meet domestic demand.

NPPA order may not impact much, seeking legal advice: Reddy's

Last Updated: Wednesday, July 16, 2014, 16:25

The recent National Pharmaceutical Pricing Authority (NPPA) order bringing in some more medicines under control may not have much impact on city-based drug maker Dr Reddy's Laboratories in terms of product pricing, according to a senior company official.

India caps prices of 108 more medicines

Last Updated: Monday, July 14, 2014, 13:39

Controlling the prices of drugs will help provide affordable medicine for the 70 percent of the population who live on less than $2 a day.

Economic Survey for market pricing of natural gas

Last Updated: Wednesday, July 09, 2014, 19:47

Weeks after the new government deferred a decision on revising natural gas prices, the pre- Budget Economic Survey Wednesday called for market-linked pricing to boost domestic oil and gas exploration, and production.

FinMin may ease transfer pricing norms on capital transactions

Last Updated: Sunday, July 06, 2014, 18:25

In order to encourage foreign investment, the Finance Ministry is likely to introduce safe harbour rules for transfer pricing of capital transactions which will bring about certainty in taxation of such deals.

Gas price revision can happen even before October 1: Pradhan

Last Updated: Sunday, July 06, 2014, 01:27

Weeks after implementation of a contentious gas pricing formula was put off by three months, Oil Minister Dharmendra Pradhan on Saturday indicated that gas price revision may happen well before October 1.

Oil Ministry mulling proposal to raise LPG prices by Rs 250 per cylinder

Last Updated: Friday, July 04, 2014, 15:42

The ministry is preparing a draft note for consideration of the CCPA on pricing of diesel, kerosene and LPG, official sources said here.

Why is Narendra Modi taking extra interest in oil pricing, asks Mani Shankar Aiyar

Last Updated: Friday, June 27, 2014, 21:39

Mani Shankar Aiyar, who was also Petroleum Minister in the UPA-I government, on Saturday criticised the move to keep the oil ministry under a junior minister and wondered whether Prime Minister Narendra Modi intends to take an "over-riding interest in energy pricing".

'Need to fix anomalies in Ranga formula before revising rates'

Last Updated: Friday, June 27, 2014, 14:22

Days after the government put off natural gas prices hike by three months, Power & Coal Minister Piyush Goyal said there were anomalies in the proposed formula which needed to be fixed before revising rates.