On April 04, 2014 22:17 (IST)
Hit hard by the Election Commission deferring gas price revision, Reliance Industries Ltd (RIL) has written to the poll watchdog asking it to reconsider the directive as the decision to raise rates was taken months before polls were declared and even...
On March 30, 2014 18:42 (IST)
The Rangarajan formula that doubles natural gas prices may not be implemented in totality as the new government is likely to fix infirmities in the formulation before accepting it.
On March 25, 2014 13:05 (IST)
The Election Commission has asked the government to defer a doubling of gas prices due from April 1. It sought a deferment saying the matter was sub-judice in the Supreme Court. Oil Minister Veerappa Moily on Tuesday said he will consult the Solicito...
On March 03, 2014 09:12 (IST)
Russia is the world's biggest oil producer and Ukrainian Prime Minister Arseny Yatseniuk said Moscow's move to use military force was a "declaration of war".
On February 21, 2014 16:02 (IST)
Subsidised LPG cylinders can be purchased without having an Aadhaar account, the government informed the Lok Sabha on Friday.
On February 19, 2014 15:47 (IST)
Mr Chidambaram's criticism was aimed at former Delhi Chief Minister Arvind Kejriwal, on whose complaint an FIR was registered against Reliance Industries chairman Mukesh Ambani and other officials and ministers, last week. Mr Kejriwal had asserted th...
On February 14, 2014 13:30 (IST)
The new rates, which are likely to be at $8-8.4 against the current price of $4.2 per million British thermal unit, are based on the recommendations of a committee that was appointed by Prime Minister Manmohan Singh at the request of Moily's predeces...
On February 11, 2014 08:43 (IST)
India is growing at the slowest pace in a decade and the persistently high and sticky inflation has forced the central bank to push interest rates higher, further impacting growth. High fiscal deficit may force the finance minister to cut spending in...