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Another desperate attempt by the govt to rein in fiscal deficit
The combined fertiliser, food and petroleum subsidy budgeted estimate for FY19 is Rs 2.64 trillion, while the revised...
Oil PSUs may be allowed by Modi govt to bring in private players
The government was planning to come up with a new fiscal model giving 'special incentives' for fields that were given...
PM's vision for gas-based economy: 10K CNG pumps, 2 cr household connections
Modi said the push towards a gas-based economy where the share of environment-friendly fuel in the energy basket will...
Cutback in oil output, rise in crude prices could impact India
Given that India will get a huge part of its oil supplies from Iran through its government-owned oil PSUs, any...
George Fernandes: The minister who threw Coke out of India, stalled HPCL privatisation
Fernandes wanted Coca-Cola Company to not just transfer 60 per cent of the shares of its Indian firm but also the...
Chabahar Port: How India bypassed US sanctions on Iran
The government is buying out the shares of India Ports Global, which are now held in a 60-40 ratio by the JNPT and...
CAD may narrow to 2.6% of GDP in FY19 on falling crude
Fiscal deficit in first half of FY19 has already reached 95.3 per cent of full-year budget estimates.
Fighting for cheating-free petrol pumps
'There exists a 'brotherhood' of sorts for a very long time and corrupt dealers and corrupt OMC officials are in it...
Qatar to withdraw from OPEC in 2019
Qatar Petroleum while confirming the withdrawal, tweeted, "Qatar announces it was withdrawing from the Organisation...
Why is Iran crude so important for India?
One of the major advantages of buying Iran crude is the additional credit period of 90 days that the country gives to...
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