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Govt to announce new gas price formula by September end

Last Updated: Wednesday, August 13, 2014, 14:24

The Rangarajan formula was to be implemented from April 1 but was deferred by three months as general elections were announced.

Oil Ministry wants RIL to sell gas at $4.2; $6-6.5 price for others

Last Updated: Sunday, August 03, 2014, 11:31

The new rates were to apply for gas from currently producing MA field in the same KG-D6 block as the government had accepted geological reasons forwarded by RIL for its output lagging targets.

Import duty hike on raw sugar may boost domestic prices: Care

Last Updated: Wednesday, July 16, 2014, 17:02

The recent hike in the import duty on raw sugar from 15 percent to 40 percent is likely to boost the domestic prices, agency Care Ratings has said in a report.

Shame that we are still debating poverty: MJ Akbar

Last Updated: Monday, July 07, 2014, 23:09

Commenting on the C Rangarajan Committee report on new poverty lines, Bharatiya Janata Party (BJP) leader MJ Akbar on Monday said that it is a matter of shame that even after six decades of independence, the country is still debating on poverty.

Rangarajan panel report on poverty attacked by parties

Last Updated: Monday, July 07, 2014, 20:56

The Rangarajan Committee, which has suggested a new benchmark for describing poverty on Monday came under sharp attack from political parties, which said it amounted to "mocking at the poor" and makes neither "common sense" nor "economic sense".

Rangarajan panel report on poverty attacked by parties

Last Updated: Monday, July 07, 2014, 20:09

The Rangarajan Committee, which has suggested a new benchmark for describing poverty, Monday came under sharp attack from political parties, which said it amounted to "mocking at the poor" and makes neither "common sense" nor "economic sense".

Govt examining EC order to defer doubling of gas prices

Last Updated: Tuesday, March 25, 2014, 14:07

EC had yesterday asked the government to defer notifying doubling of price of the fuel produced by companies such as Reliance Industries till general elections are completed.

DGH disagrees with Kelkar report on oil exploration contracts

Last Updated: Monday, January 13, 2014, 14:07

Kelkar, who was Oil Secretary from 1995 to 1997, submitted the first part of his report last week.

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.

BP board to hold meet in India this week

Last Updated: Tuesday, May 14, 2013, 18:44

Members of BP board including Chairman Carl-Henric Svanberg and CEO Bob Dudley arrived here today ahead of the board meeting, sources privy to the development said.

EGoM on gas on May 7; power tariff to rise by only marginally

Last Updated: Tuesday, April 30, 2013, 12:56

An Empowered Group of Ministers (EGoM) will meet on May 7 to consider nearly doubling the price of domestic natural gas, a move that is expected to result in just a 2.6 percent hike in electricity tariff and a 13 percent rise in fertiliser subsidy.

Experts cautiously hopeful on sugar decontrol

Last Updated: Saturday, April 06, 2013, 12:55

Experts have kept their fingers crossed in relation to dilution of the spirit of the Rangarajan’s committee recommendations.