Companies offering much more for wheat than govt's Rs 850 a quintal.
The Maharashtra government has announced fiscal incentives for the state sugar mills to ensure that they continue crushing till all the sugarcane available is consumed.
The big-ticket transnational gas pipelines that India was planning seem to be in trouble. Although the government maintains that the three pipelines
Hindustan Petroleum Corporation's upcoming Bathinda refinery in Punjab has forced Indian Oil Corporation to reconsider its plans to expand its refinery at Panipat to 21 mtpa.
The Ministry of Petroleum and Natural gas is likely to reimburse Oil and Natural Gas Corporation almost Rs 850 crore (Rs 8.5 billion) for the cost of exploration and development work in pre-NELP oil fields in the past.
More than one oil company bidding for same overseas assets.
To augment its storage capacity, Reliance Retail is seeking to hire capacity with the government-owned Food Corporation of India. This has been complemented by low foodgrain stocks with FCI and the surplus storage capacity.
Oil India, the government-owned upstream company, has lined up over $2 billion in the next five years to extend its oil and gas assets overseas
The threat of being priced out of the market by state-owned oil marketing companies has forced the private sector players to also opt for price cuts of auto fuels.
Reliance Industries, which has discovered gas reserves of nearly 14 trillion cubic feet in the Krishna-Godavari basin off the coast of Andhra Pradesh, is building a gas-receiving jetty in Kakinada.
Hindustan Petroleum Corporation, the state-owned company, could find itself becoming a major player in the oil and gas sector both within the country and overseas with huge capital being pumped in by the L N Mittal-promoted Mittal Investments.
Retailers like Reliance are buying bulk produce directly from farmers.
The government has also swung into action to ensure that it is able to procure adequate quantities and avoid imports at exorbitant rates.
The government has swung into action to curb onion exports and check the rise in prices in the domestic market by effecting an 8 per cent hike in its minimum export price.
In 2006, FCI's procurement fell sharply to 9.2 million tonnes from 14.8 million tonnes in the previous year, forcing the government to import 5.5 million tonnes.
After awarding oil and gas blocks under NELP-VI, the government is now turning its focus to the seventh round of the New Exploration and Licensing Policy (NELP-VII).
Kirana shops and greengrocers have found a new challenge to grapple with.
Kirana shops and greengrocers have found a new challenge to grapple with.
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