Senior government officials said the company would be allowed a harmonious exit.
Amid a spate of government proposals at its door, the Election Commission has asked all Union government departments to route their proposals through the Cabinet Secretariat.
To proceed with a Cabinet proposal to grant the relaxations to RIL, the Election Commission's approval will be sought.
The next prime minister must ensure that the mistakes made by Manmohan Singh during his tenure are not repeated, notes A K Bhattacharya.
Election manifestos may have lost their earlier importance. But a closer look at them does reveal a lot about a political party's own assessment of where it went wrong and what its future policy directions will look like, says A K Bhattacharya.
If the EC decides to put on hold a gas price revision for RIL, it would set a precedent for pricing decisions of the government and policy decisions taken but undergoing procedural delays.
Will get Rs 830 cr, Rs 329 cr respectively to offset higher coal costs
The Congress,BJP and AAP have carved out clear constituencies for themselves. Some of them may overlap with one another, but they seem to have positioned themselves well, says A K Bhattacharya.
Arvind Kejriwal's brand of decentralised decision-making and committed bureaucracy means that civil servants are in for a rough ride, says A K Bhattacharya
CAG may not be the cure-all for the ills that afflict PPP projects and is perhaps a sub-optimal solution to the problem.
One crucial revenue source that can help the government achieve its fiscal-deficit target is the proceeds from the sale of its stakes in public sector companies.
The sudden exit of Yogesh Agarwal as the chairman of the Pension Fund Regulatory and Development Authority, or PFRDA, has once again brought the relationship between financial sector regulators and the finance ministry into sharp focus.
The list of candidates contesting elections in the current round of assembly polls shows that not much has changed with regard to political parties' approach to candidates with a criminal track record. A K Bhattacharya explains
General Motors' Tavera recall prompts Union government to formulate a stricter policy.
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Following adverse media reaction to the June 27 decision of the Cabinet Committee on Economic Affairs, the finance ministry had issued an office memorandum asking the petroleum ministry to see if there was a way to make RIL clear its gas supply backlog at the existing price.
Clamping down on the delays in repatriating foreign exchange earnings, the Reserve Bank of India (RBI) has tightened norms for special economic zones (SEZs), asking them to realise and bring back full value of goods and services to India within a year from the date of export.
ONGC's chairman and managing director Sudhir Vasudeva tells Business Standard that any price for natural gas that is more than $4.2 a unit is good for the company.
A deal with the Assam government, which holds majority stake in the company through Assam Industrial Development Corporation Ltd, is likely by October.
Business opportunity after phased diesel deregulation the main trigger.
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