News for 'Cabinet Committee on Economic Affairs'

Govt may raise natural gas prices this week

Govt may raise natural gas prices this week

Rediff.com24 Jun 2013

The Cabinet Committee on Economic Affairs may this week decide to price all domestically produced natural gas as per a formula suggested by a panel headed by Prime Minister's economic advisor C Rangarajan.

CBI leaking Aircel-Maxis chargesheet to media: Chidambaram

CBI leaking Aircel-Maxis chargesheet to media: Chidambaram

Rediff.com28 Aug 2018

Special Judge O P Saini issued notice to the agency and sought its response by October 8.

Modi to visit J&K on Saturday, will launch several projects

Modi to visit J&K on Saturday, will launch several projects

Rediff.com18 May 2018

PM to launch works on Zojila tunnel, other infrastructure projects.

FinMin returns Oil Ministry's gas price premium proposal

FinMin returns Oil Ministry's gas price premium proposal

Rediff.com9 Jun 2015

The current price is among the lowest in Asia Pacific.

Gas price set to be doubled from April 1

Gas price set to be doubled from April 1

Rediff.com10 Mar 2014

Govt notification on $8.4 a unit price likely by month-end

Shaktikanta Das named new RBI Governor

Shaktikanta Das named new RBI Governor

Rediff.com11 Dec 2018

He will be the first bureaucrat to head the central bank in almost five years.

Fitch satisfied with overall macroeconomic situation: Mayaram

Fitch satisfied with overall macroeconomic situation: Mayaram

Rediff.com3 Feb 2014

The rating agency official did raise concern about the banks' non-performing assets.

Monsoon session of Parliament to begin on Aug 5

Monsoon session of Parliament to begin on Aug 5

Rediff.com15 Jul 2013

A decision on the 26-day session was taken by the Cabinet Committee on Paliamentary Affairs headed by Defence Minister A K Antony on Monday.

Air India seeks government approval for Rs 200 crore asset sale

Air India seeks government approval for Rs 200 crore asset sale

Rediff.com26 Apr 2015

Air India is awaiting the Union civil aviation ministry's nod to sell its properties in Mumbai and Chennai

CCEA nod to maintain higher buffer stock of foodgrains

CCEA nod to maintain higher buffer stock of foodgrains

Rediff.com16 Jan 2015

A marginally lower stock of 21.04 million tonnes is to be maintained in the first quarter as on April 1 as against 21.2 million tonnes.

BPCL may sell IGL, Petronet pie to shed promoter status

BPCL may sell IGL, Petronet pie to shed promoter status

Rediff.com25 May 2021

Privatisation-bound Bharat Petroleum Corporation (BPCL) may sell a part of its stake in Petronet LNG and Indraprastha Gas (IGL) to shed its promoter status to obviate the need for its new owner to make open offers for the two gas companies, sources said. BPCL holds 12.5 per cent of shareholding in India's largest liquefied natural gas importer, Petronet, and a 22.5 per cent stake in city gas retailer, IGL. It is a promoter of both the listed companies and holds board positions. As per the legal position evaluated by Department of Investment and Public Asset Management (DIPAM) - the department running the process for sale of government's entire 52.98 per cent stake in BPCL - the acquirer of BPCL will have to make an open offer to the minority shareholders of Petronet and IGL for acquisition of 26 per cent shares, three sources with knowledge of the matter said.

ED questions Chidambaram for 4th time in Aircel-Maxis PMLA case

ED questions Chidambaram for 4th time in Aircel-Maxis PMLA case

Rediff.com31 Aug 2018

Chidambaram's son Karti has been questioned twice by the ED in this case.

Rs 24,000 crore rail infrastructure projects get green signal

Rs 24,000 crore rail infrastructure projects get green signal

Rediff.com24 Aug 2016

Besides facilitating travel by easing the traffic bottlenecks, the approved lines would help the upcoming industries in the region.

Govt hikes support prices for wheat, five other rabi crops

Govt hikes support prices for wheat, five other rabi crops

Rediff.com21 Sep 2020

The move came a day after Parliament approved two agriculture sector-reform bills which have been bitterly opposed by the opposition parties like Congress and TMC.

Jaitley: Cong peddling lies on Rafale to save 'sinking dynasty'

Jaitley: Cong peddling lies on Rafale to save 'sinking dynasty'

Rediff.com12 Feb 2019

"How many more lies will be peddled to sustain a sinking dynast? India, certainly deserves better," Jaitley said.

Oil ministry seeks more flexibility for exploration companies

Oil ministry seeks more flexibility for exploration companies

Rediff.com14 Apr 2014

The government had allowed companies in February last year to launch probe missions to find more oil and gas within already-producing areas.

Decision on FDI cap soon: FM

Decision on FDI cap soon: FM

Rediff.com2 Jul 2013

Seeking to spur foreign investments, Finance Minister P Chidambaram has said the Union Cabinet will decide on raising FDI caps in different sectors in the third week of this month.

Gas pricing will ensure profit, not windfall profit: Jaitley

Gas pricing will ensure profit, not windfall profit: Jaitley

Rediff.com20 Oct 2014

Hike would have led to higher cost of fertiliser, electricity and even CNG.

Jet sees another top exit before Etihad steps in

Jet sees another top exit before Etihad steps in

Rediff.com16 Sep 2013

Changes being driven by Etihad, says a source, after a V-P quits

Ministries can now clear projects up to Rs 1,000 cr

Ministries can now clear projects up to Rs 1,000 cr

Rediff.com12 Sep 2014

Earlier, an inter-ministerial group used to take these decisions.

Coming soon near you: Privately-run petrol pumps!

Coming soon near you: Privately-run petrol pumps!

Rediff.com24 Oct 2019

With the government reducing the net worth for new entities in fuel-marketing space to Rs 250 crore, the market is open for new players like Total, Adani, and Saudi Aramco -- and even supermarkets - to open fuel outlets.

Govt to bring in legislation to regulate crypto currency

Govt to bring in legislation to regulate crypto currency

Rediff.com17 Feb 2021

Operationalising the ban is being fleshed out: it will entail which cryptocurrencies will be banned and how.

AAP welcomes EC's order to defer doubling of gas price

AAP welcomes EC's order to defer doubling of gas price

Rediff.com25 Mar 2014

The commission asks for notification to be deferred; RIL's KG-D6 pricing issue may return to Cabinet

PMO seeks status report on gas pricing

PMO seeks status report on gas pricing

Rediff.com21 Apr 2014

The Cabinet Committee on Economic Affairs had first on June 27, 2013, and then on December 19, 2013, decided to price all domestically produced natural gas, including unconventional fuels such as coal-bed methane and shale gas, at an average of international hub rates and the cost of importing liquefied natural gas.

ED records Chidambaram's statement in Aircel-Maxis case

ED records Chidambaram's statement in Aircel-Maxis case

Rediff.com24 Aug 2018

It is understood that the agency wanted to put a fresh set of questions to him regarding the deal and hence had asked him to appear.

Govt eases gas field development rules for Reliance, ONGC

Govt eases gas field development rules for Reliance, ONGC

Rediff.com29 Apr 2015

An expert panel approved policy for development of gas fields.

Assam Accord: Govt forms 8-member panel for implementation

Assam Accord: Govt forms 8-member panel for implementation

Rediff.com2 Oct 2021

The Assam government has set up an eight-member committee to prepare a framework for implementation of all clauses of the 36-year-old Assam Accord, especially the Clause-6 report prepared by a central panel pertaining to protecting the cultural, social and linguistic identity and heritage of the indigenous people, officials said on Saturday.

Raj strikes back! Suella Braverman leads Indian-origin contenders for UK PM post

Raj strikes back! Suella Braverman leads Indian-origin contenders for UK PM post

Rediff.com7 Jul 2022

Even before Boris Johnson stepped out of 10 Downing Street on Thursday to deliver his resignation speech as Conservative Party leader and triggering a leadership race for a new British prime minister, at least one Indian-origin candidate is already lined up to compete for the "best job in the world".

Meet Trump's Cabinet and Inner Circle

Meet Trump's Cabinet and Inner Circle

Rediff.com20 Jan 2017

Incoming US President Donald Trump has assembled a core team that is -- not surprisingly -- overwhelmingly white and male.

India makes investment in retail attractive, raises FDI caps

India makes investment in retail attractive, raises FDI caps

Rediff.com1 Aug 2013

India's plans to relax foreign direct investment (FDI) rules across a broad spectrum of industries have received the final approval from the Cabinet Committee of Economic Affairs (CCEA).

RIL may double natural gas output if prices increase

RIL may double natural gas output if prices increase

Rediff.com6 Jan 2014

The projected output will come from satellite fields in the eastern offshore KG-D6 block as well as North East Coast block NEC-25, off the West Bengal coast.

Parliament's Budget session to begin on February 23

Parliament's Budget session to begin on February 23

Rediff.com30 Jan 2015

Budget session will begin on February 23 and conclude on May 8

Jaitley to present Union Budget on Feb 28

Jaitley to present Union Budget on Feb 28

Rediff.com21 Jan 2015

Finance Minister Arun Jaitley to present Union Budget on February 28.

Why the team for Budget 2019 will be different

Why the team for Budget 2019 will be different

Rediff.com20 Nov 2018

Finance Secretary Hasmukh Adhia vacates his post on November 30 and Expenditure Secretary Ajay Narayan Jha, the second seniormost bureaucrat in the finance ministry, retires on January 31, the day before Jaitley presents the 2019-20 interim budget.

States can mine, sell coal

States can mine, sell coal

Rediff.com17 Dec 2015

The coal-bearing states shall be getting additional revenue from such coal mines.

Rs 3.03-lakh cr scheme to improve power discoms gets nod

Rs 3.03-lakh cr scheme to improve power discoms gets nod

Rediff.com30 Jun 2021

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved a five-year-long reform-based result-linked power distribution scheme worth Rs 3.03 lakh crore, for strengthening system of utilities to improve efficiency. Briefing after the CCEA meet here, Power and New & Renewable Energy Minister R K Singh said, "We have done a lot for power distribution reforms. It needs to be strengthened. Today, the Cabinet has approved the new scheme worth Rs 3.03 lakh crore, including Rs 97,000 crore central outlay." He said the funds would be given to power distribution companies (discoms) to strengthen their system.

Bullet train will have 4 halts in M'rashtra, 8 in Gujarat

Bullet train will have 4 halts in M'rashtra, 8 in Gujarat

Rediff.com18 Jan 2017

Everything you wanted to know about the Mumbai-Ahmedabad bullet train but didn't know who to ask.

Gas price hike soothes industry's nerves

Gas price hike soothes industry's nerves

Rediff.com29 Jun 2013

Reason behind for the change in his stance: gas price increase.

Backlog at old price will mean 7-year itch for RIL

Backlog at old price will mean 7-year itch for RIL

Rediff.com12 Jul 2013

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.

Centre raises support price for pulses by Rs 250/quintal

Centre raises support price for pulses by Rs 250/quintal

Rediff.com6 Nov 2015

Food Corporation of India will be the nodal agency.