Share prices of both upstream and downstream public sector oil companies fell up to two per cent on Monday. Even Essar Oil, a private fuel retailer, fell 1.50 per cent on the Bombay Stock Exchange.
In this latest season of clashes, large parts of the city remain under curfew and in other parts, locals have made it like a bandh. While no new reports of civilian killing have been reported for the second day, clashes continue in Srinagar.
Mehbooba slams Omar Abdullah for his inability and lack of understanding of Kashmir politics. While she gives some credit to Congressman Ghulam Nabi Azad as a chief minister, for her junior Abdullah is "the most inefficient chief minister the state has ever had."
The group, led by West Bengal Chief Minister Buddhadeb Bhattacharjee and state secretary Biman Bose, feels the "timing of the withdrawal" in July 2008 was "wrong". The group will seek a review of this decision in the forthcoming extended Central Committee meeting of the party in Vijayawada in August and also question other decisions of the party that are alleged to have led to the debacle in the 2009 Lok Sabha polls.
Top sources in the government told Business Standard that Railway Minister and Trinamool Congress chief Mamata Banerjee's opposition to divestment plans of profit-making public sector entities prompted the cabinet not to take it up for discussion today.
The sustained decline in the price of crude oil has reversed the trend in petroleum product pricing. Private retailers are looking to cut prices from next month, while public sector oil companies have shaved their losses on retail sale of petrol and diesel by more than half.
A sweeping set of reforms proposed for the country's mining sector have led to a faceoff between the Union law and mines ministries.
The Board for Reconstruction of Public Sector Enterprises will take up the case of ITI in its next meeting, on May 31.
A price of $4.20 per million British thermal units is not viable for smaller gas discoveries, say industry experts.
The subsidy burden of upstream oil companies, Oil and Natural Gas Corporation and Oil India Ltd, have risen 42 per cent in a single quarter.
West Bengal Chief Minister Buddhadeb Bhattacharjee, once the poster boy of development for the Communist Party of India-Marxist, has come under fire in the party's latest 'rectification' campaign.
Following the week-long standoff between the Nagas and the Manipur government over Thuingaleng Muivah's visit to his native village, the Congress core committee decided not to allow the separatist leader to enter the state. After prolonged deliberations, the party top-brass on Wednesday felt that the visit of the country's top rebel leader from the National Socialist Council of Nagaland-IM might worsen the law and order situation in Manipur.
The United Progressive Alliance government has initiated a move to revive a 20-year-old controversial bill which seeks to give representation to workers on company boards. As a first step, Union Labour Secretary Prabhat Chaturvedi met human resource directors and other senior officials of 12 'Navratna' PSUs in Delhi.
Rural retail was supposed to cash in on the prosperity of Bharat, but the storyline hasn't really gone the way big corporate houses had hoped.
Rural retail was supposed to cash in on the prosperity of Bharat, but the storyline hasn't really gone the way big corporate houses had hoped.
The petroleum ministry has put on back burner the proposal to create a national gas highway development authority, following an opposition from the Petroleum and Natural Gas Regulatory Board, which currently has the powers to authorise pipelines.
Siphoning off food and fuel meant for the poor has made India's public distribution system ineffective.
Caught in the vortex of a political cyclone that the affairs of the Indian Premier League (IPL) have turned into, the Congress is clear: It wants heads to roll, but they must be of CEOs and not any more ministers.
Both the warring sides claim they are keen to see industry come up in Singur -- the abandoned site of the Nano factory near Kolkata. But nine months after the decision to relocate the Nano factory, there has been no forward movement on setting up an industry in Singur.
Will the so-called Third Front partners be able to retain their ambitious unity till the end of this month, when the Finance Bill comes for voting in the Lok Sabha? Doubts are hovering around the Yadav duo Rashtriya Janata Dal chief Lalu Prasad and Samajwadi chief Mulayam Singh Yadav -- as the two have taken different stands in the past one week on the issue.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances