"Be prepared for a modest or moderate hike in the prices of petrol and diesel, after the meeting of the empowered Group of Ministers in the first week of January," M S Srinivasan, secretary, ministry of petroleum and natural gas, told reporters.
Maharashtra government, which is facing the heat over land acquisition for the special economic zones has written to the Centre asking it to clarify the scope of the term compulsory land acquisition.
The prime minister emphasised on improving the intelligence mechanism.
The empowered goup of ministers on special economic zones (SEZs) on Thursday cleared 83 proposals
After violence in Nandigram, the Government has decided not to give further approvals for Special Economic Zones where acquisition of land is being resisted.
"The Empowered GoM will discuss what to do with the proposals where land acquisition is not an issue and where it is an issue," Commerce and Industry Minister Kamal Nath said.
The Empowered Group of Ministers on Ratnagiri Gas and Power Pvt Ltd on Wednesday decided to pool the price of gas for Dabhol
The central leadership of the CPI(M) and chief ministers of the Left-ruled states of Kerala and West Bengal have discordant views on the question of a cap on the number of Special Economic Zones
The $3 billion Dabhol power plant in Maharashtra is likely to be completed by 2007-end, the Empowered Group of Ministers was informed on Thursday.
The next six months may see the Centre notifying 100 special economic zones.
An empowered group of ministers had effected on April 5 major changes in SEZ rules, also setting the 5,000 hectare cap.
The Indian government is open to making changes in 5,000-hectare land ceiling for Special Economic Zones which was decided at the meeting of Empowered Group of Ministers about two weeks back.
Reliance-ASA on Monday emerged as the highest financial bidder for the Delhi airport modernisation project, offering 46 per cent of revenue share to government for the work.
Airport employees have threatened to go on a nationwide strike the moment the empowered Group of Ministers opens the financial bids for the privatisation of the Delhi and Mumbai airports on Tuesday.
Real estate and hotels major Royal Palms will invest around Rs 600 crore (Rs 6 billion) to set up an IT/ITeS special economic zone in Mumbai that would be ready for occupation by end of next year.
The government on Saturday said it is expected to take a decision on privatisation of Delhi and Mumbai airports at the meeting of the Empowered Group of Ministers on January 24.
The Inter-Ministerial Group for modernising Delhi and Mumbai airports would shortlist the preferred bidders for the airport revamp joint ventures within the next few days, Civil Aviation Minister Praful Patel said on Wednesday.
Global crude oil prices have slumped by 49 per cent during the same period
Four left parties on Wednesday asked the government to stop divestment of 35 public sector undertakings including BHEL, PowerGrid Corporation and Power Finance Corporation saying the move would adversely affect the development of PSUs and would also
The empowered group of ministers will take up tomorrow the modernisation plans of Delhi and Mumbai airports even as the government has cautioned low cost carriers on the present fare structure introduced by some of them.
Ending the suspense over the modernisation of airports, the empowered group of ministers took a final decision on Tuesday on the Rs 5,400 crore (Rs 54 billion) projects at Delhi and Mumbai Airports, contracts for which would be awarded by January 31.
The empowered group of ministers on Saturday gave its approval to Air India's proposal to purchase 68 aircraft after completing final round of price negotiations with US manufacturer Boeing, which has offered massive discounts on the total value of t
The empowered Group of Ministers, on Tuesday, recommended a hike in maximum permissible equity participation in the proposed joint venture companies -- for the airports of Mumbai and Delhi
Employees and officers of the Airports Authority of India on Friday staged a demonstration at major airports across the country to protest against the privatisation of Mumbai and Delhi airports, but flights and other operations remained unaffected.
National Thermal Power Corp, Gas Authority of India Ltd and Indian lenders will contribute Rs 500 crore (Rs 5 billion) each as equity
The Empowered Group of Ministers to examine the minimum area required for setting up Special Economic Zones is likely to hold its first meeting on Wednesday.
The government on Tuesday said it was considering various options for restructuring of the 2,184 MW Dabhol power project.
The empowered group of ministers (GoM) looking into ways to resolve crisis in the $3 Dabhol power project on Friday discussed various issues including the future course of action on litigation and restructuring but could not arrive at a decision.
The freeze on special economic zones may go in the next 10 days, with the empowered group of ministers expected to give its nod to proposals that show land has already been tied up.
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