Coal 2023: analysis and forecast to 2026
Latest IEA market report sees lower demand to 2026, based on current policies, but stronger actions are needed to drive a steeper decline towards meeting international climate goals. After reaching an
Latest IEA market report sees lower demand to 2026, based on current policies, but stronger actions are needed to drive a steeper decline towards meeting international climate goals. After reaching an
New Delhi The proposed diesel price decontrol may come sooner than expected with a special scheme to insulate farmers from its adverse impact through a cash subsidy. Initially, state governments will be responsible for delivery of the subsidy, the cost of which will be borne by the Centre. When the Aadhaar technology platform becomes operational, it will be used for transferring the subsidy.
The much-maligned diesel has a new moniker that is more impressive than its dirty fuel tag. In the Indian automobile market, diesel is king, and it is now the cheapest automobile fuel, edging out the green
Fuel woes notwithstanding, a record 13,332 MW has been commissioned in the first 11 months of this fiscal — the highest power capacity addition ever in a single year. With another 2,000 MW expected to
Diesel will be less taxing on your pockets as it will be cheaper by 50 paise per litre from April 1. But, get ready to pay more for cigarettes, beedies and other tobacco products. Gold, noble metals, precious and semi-precious stones will cost less with the State government deciding to reverse the one per cent hike in VAT effected last year.
New Delhi: Finance minister Pranab Mukherjee on Monday hinted at a hike in diesel and cooking gas (LPG) prices after the Budget session, saying political consensus for this will be built after the session.
Rejecting criticism that General Budget was not bold and he lost the opportunity, finance minister Pranab Mukherjee on Sunday suggested his critics to look at ground realities in the political sphere. He also said that any reduction in subsidies and hike in petroleum product prices could be considered only after consultations with allies. In his customary post-Budget interaction with industry leaders, Mr Mukherjee said, “... Knowing the mood of the persons who matter here (in Parliament), I had to be extra careful and I had to make my colleagues extra careful. Therefore, many of things which could have been done,
The government’s plans to reign in petroleum subsidies to plug the fiscal deficit next financial year are in jeopardy, as a whopping Rs 2.13 lakh-crore revenue loss is expected at the current levels of global crude oil prices and domestic retail prices of controlled products. Non-revision of diesel, LPG and kerosene prices, firm crude oil prices and a weak rupee may combine to foil Finance Minister Pranab Mukherjee's subsidy-reduction plans.
Even though the Union Budget 2012-13 has alluded to the possibility of freeing prices of diesel and fertiliser, the UPA is yet to build consensus amongst its allies on these contentious issues. “The Budget
NewDelhi:The government decided against levying a cess on diesel vehicles fearing that the move will adversely impact employment and investment, especially after companies have sunk in thousands of crores
New Delhi Finance Minister Pranab Mukherjee proposed trimming the government's subsidy burden and called for speeding the pace of economic reforms, which have been stalled by political gridlock, in his Union Budget 2012-13 speech on Friday. High oil prices have swelled India's subsidy burden to roughly 2.5 percent of GDP and Mukherjee called for reducing that to less than 2 percent in the fiscal year that starts on April 1.