Good Food is First Food. It is not junk food. It is the food that connects nature and nutrition with livelihoods. This food is good for our health; it comes from the rich biodiversity of our regions; it provides employment to people. Most importantly, cooking and eating give us pleasure. …
New Delhi: Mukesh Ambani’s Reliance Industries Ltd has put its foot down on the government’s move to get the performance of its showcase Andhra offshore gas field scrutinized by the federal auditor. In a September 18 letter to the ministry, Reliance said the contract with the state did not have …
Uncertain policy framework, scarcity of cheap domestic gas hit govt plan to expand network to 200 cities SHREYA JAI & MITUL THAKKAR NEW DELHI/AHMEDABAD The government’s ambitious plan to expand gas distribution networks to 200 cities by 2015 is facing hurdles of uncertain policy framework and lack of cheap domestic …
When it comes to the cap on the consumption of subsidised domestic LPG cylinders, the Cabinet Committee on Economic Affairs (CCEA), it appears, has two sets of rules — one for the common man, and one for those holding Constitutional posts. While approving the cap on LPG cylinders to six …
The two moves to cut OMCs' underrecovery by Rs 20,300 cr this year In the second major oil sector reform after petrol decontrol of June 2010, the government on Thursday capped subsidised domestic liquefied petroleum gas (LPG) for a consumer to six per year. For a consumer using 12 LPG …
Each discovery in oil block to be treated as separate cost centre, if proposal gets nod In a major revamp of oil and gas exploration, the government is likely to notify a policy disallowing companies from deducting as expenses all exploration costs in areas where earlier discoveries are under development …
Bowing to pressure from the Trinamool Congress and other allies of the ruling UPA, the scheduled meeting of the Cabinet Committee on Political Affairs (CCPA) for revision of fuel prices has been deferred. But the government, which is struggling to contain high fiscal deficit and burgeoning losses of oil marketing …
Diesel Prices: Prices of diesel, LPG and kerosene may be raised from Tuesday when the Cabinet Committee on Political Affairs (CCPA) meets. Though the listed agenda for the CCPA meeting is to discuss the BJP boycott of the Monsoon Session of Parliament, sources said the Petroleum Ministry’s comprehensive proposal on …
The Minister of Petroleum & Natural Gas, S. Jaipal Reddy, has ruled out an immediate hike in fuel prices now. An official statement issued here said that the Minister said this at the sidelines of a function. Thus, putting to rest speculations of a revision tonight. The Minister, however, added …
New Delhi Consumers may have to brace for steep hikes in the prices of petroleum products such as diesel, kerosene, cooking gas and petrol after Parliament’s monsoon session ends on September 7. Sources say the petroleum ministry has moved a Cabinet note proposing a hike of R5 per litre in …
In a step that is likely to hit consumers further, the Petroleum and Natural Gas Ministry has moved the Cabinet for a hike in prices of diesel, LPG cylinders and kerosene. The Cabinet will also discuss putting a cap on number of subsidised cylinders for each household up to a …
Consumers may have to brace for steep hikes in the prices of petroleum products such as diesel, kerosene, cooking gas and petrol after Parliament’s monsoon session ends on September 7. Sources said that the petroleum ministry has moved a Cabinet note proposing a hike of Rs 5 per litre in …
New Delhi The Vijay Kelkar committee has outlined a programme for the Centre to keep its budget deficit in check for the next three years, leaving the 14th Finance Commission (2015-2020) to decide on the action required in subsequent years. The committee set up by the finance minister P Chidambaram …
Continuous fall in output triggers request as Ratnagiri plant output threatened Falling gas production from Reliance Industries’ KG-D6 fields has led the Maharashtra government to ask the Centre to take over the wells and declare those as national assets. The state has resorted to this move as it fears that …
If the government can’t raise diesel prices, it should at least stop subsidising diesel cars The public sector oil marketing companies are bleeding due to large under-recoveries on account of diesel. They have been waiting for the government to raise their prices. Since the under-recovery on petrol is around one-tenth …
The petroleum ministry and state oil firms plan to raise diesel and petrol prices next month as crude oil rose to a three-month high last week and diesel consumption has soared because of the weak monsoon and poor power supply, government and industry officials said. State oil firms are putting …
The Ministry of Environment and Forest has rejected GVK Group's request for using high speed diesel (HSD) instead of natural gas at one of its power generation plants in Andhra Pradesh. The Expert Appraisal Committee of MoEF, while rejecting the GVK Group’s request, advised it to submit an application which …
Petrol: Stung by the mass protest against the price hike of petrol last May, the UPA government has decided not to pass on the current under-recovery of Rs 3.56 on a litre of petrol to the people. At a meeting last Tuesday, the Prime Minister’s Office told the Petroleum Ministry …
GAIL, IOC keen to source LNG from Russia GAIL (India), Indian Oil Corporation (IOC) and ONGC Videsh Limited (OVL) have expressed their willingness to source LNG on long- and medium-term basis from existing and upcoming LNG liquefaction terminals, including for the Ennore LNG terminal, in Russia. Senior officials in the …
Petroleum Ministry seeks setting up of an inter-ministerial group to draw up an action plan for pollution issues The Petroleum and Natural Gas Ministry has sought setting up of an inter-ministerial Committee (IMC) with representatives from the Ministry of Road Transport and Highways, the Ministry of Heavy Industries, Urban Development …
New Delhi The Supreme Court on Tuesday approved an arbitral panel comprising its two former chief justices, S P Bharucha and VN Khare, to resolve a dispute between Mukesh Ambani-run Reliance Industries (RIL) and the ministry of petroleum and natural gas over the recovery of cost for developing the eastern …
