The Ministry in a draft Cabinet note proposed accepting in toto the Rangarajan Committee recommendation of pricing domestically produced natural gas at an average of international hub prices and cost of imported LNG instead of present mechanism of market discovery.
'Nyay scheme will cost between 1.2-1.5 per cent of GDP at its peak.' 'Our nearly $3 trillion economy has the fiscal capacity to absorb this expenditure.'
Indira Kannan picks Made in Bangladesh, Greed, Moothon.
Starting this September, Boman Irani, Tabu, Anupam Kher, and Urmila Matondkar will teach at the first Bollywood acting school in Britain. The school will be based in the Ealing Institute of Media in the west London borough of Ealing.
Britain will unveil new rules regulating press in the country after politicians rejected a proposal for self-regulation by the media industry.
These images prove we live in a wonderfully weird world.
The price would increase from $4.2/mbtu to $10/mbtu if Rangarajan formula is accepted.
In a note for the Cabinet Committee on Economic Affairs, the ministry has proposed raising gas price for state-run firms immediately and that for RIL from April 2014, sources privy to the development said.
Mikey McCleary is the man behind the O Lal Meri song in David and Khoya Khoya Chand in Shaitan. His initial film work is bringing him additional projects including some A-list projects.
The newly set up Petroleum and Natural Gas Regulatory Board has received over 100 applications from domestic and foreign companies interested in supplying gas to domestic households and vehicles in cities.
The British government has been under pressure to help a sale process go through after Tata said it would sell its British business.
BA parent could order around 20 Airbus A350-1000s.
'COVID-19 is just an excuse to pass anti-labour laws.'
The length of the main trunk pipeline is 1,385 km from Kakinada to Bharuch and 75 km is the length of the spur lines.
A fashion photographer, he is also the author of Princely Advice For A Happy Life.
The 12th Five Year (2012-17) Plan adopted by National Development Council said on Thursday, "Natural gas prices charged to producers must be determined by market forces".
The Anglo-Dutch merger was meant to revive the ailing British Steel which had incurred a net loss of 81 million in the year ended March 31, 1999
After education and industry leaders petitioned Prime Minister David Cameron with figures that international students brought 8 billion pounds annually to the British economy, 10 Downing Street has indicated that 'The prime minister understands these arguments and is definitely considering a change of policy.'
Besides a minority stake, the UK and Welsh governments are considering additional grant funding
RIL has raised the marketing margin to $0.15 per million British thermal unit from $0.12 per mmBtu earlier, a source said. The rate, which would be charged over the $4.20 per million British thermal unit base gas price, is however lower than the $0.18 per mmBtu margin charged by state-run GAIL. The increase, he said, was due to the additional risk of 'ship-or-pay,' an obligation under which the company would be obliged to transport the committed volumes or pay for the gas.
Sale of India's specialty tea varieties from exclusive estates in Assam and Arunachal Pradesh are on the rise in the domestic market, and sought after in overseas markets too.
The actress made sure to visit London for a closer look.
We salute the late thespian in this compilation of his ten essentials movies that highlight his range and stature as an actor par excellence.
'The norm will be even less public accountability, even less transparency, tweets instead of press conferences, TV lectures rather than parliamentary debate, and greater political authoritarianism,' predicts Sunanda K Datta-Ray.
Oldest, man-hauled railways date to the 6th century BC, with Periander, one of the Seven Sages of Greece, credited with its invention.
A contract for two more Bond films for an impressive $49 million has propelled British actor Daniel Craig in the coveted list of Hollywood's highest paid men.
Kate Middleton and Prince William received the royal treatment when they attended an extravagant Bollywood gala fundraiser at the Taj Mahal Palce hotel in Mumbai on late Sunday evening.
For its m-cap to more than double, RIL needs government nod for nearly doubling of its gas price of $8 per million British thermal unit together with approvals for oil and gas field investments.
Based on the panel's formula, the base price of domestic natural gas comes to around $7.4 per million British thermal unit (mBtu), but the pricing formula proposed by RIL, officials say, translates the price into $13-14 an mBtu.
'The logical step is to challenge the very legitimacy of the Chinese claim over Tibet,' recommends Inspector General Gurdip Singh Uban (retd).
An Oil Ministry-controlled oversight panel that overseas operations at KG-D6 fields, today decided to approve annual operating and capital expenditure for fields that has been pending for past three years, sources said.
The Directorate General of Hydrocarbons wants the government to get a share of the $0.135 per million British thermal units marketing margin RIL charges over and above the government approved gas price of $4.205, sources privy to the development said.
The social media giant is planning to launch roadshows in these locations as part of its 'SMB Boost' programme.
'The TMC did not bother telling me, a sitting MLA for 20 years, why I was not being given a ticket.'
Bhanu Athaiya on the films she has designed for, how Gandhi happened, and what it means to be a woman in a man's world.
Reliance Industries has opposed a move to make marketing margin charged by it and other sellers of domestically produced natural gas uniform, while giving gasimporters a free hand, saying that it would be a gross discrimination.
'... That they should emerge as role-models to be emulated by the fellow countrymen; and that the middle classes should not stick only to hate-filled and scornful criticism and condemnation against the state of affairs,' remembers Mohammad Sajjad.
A price of $4.20 per million British thermal units is not viable for smaller gas discoveries, say industry experts.
