Abu Dhabi national carrier had bought 24 per cent stake in Jet Airways for $379 million in April.
Ministry returns guarantee saying new price has not been notified and RIL would have to submit surety as and when it is announced.
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.
The commission asks for notification to be deferred; RIL's KG-D6 pricing issue may return to Cabinet
PM to launch works on Zojila tunnel, other infrastructure projects.
The letter was written on February 20, two weeks after the Cabinet Committee of Economic Affairs had approved the 100 per cent ownership proposal of Vodafone Plc in Vodafone India, at a proposed investment of Rs 10,141 crore (Rs 101.41 billion).
Indian Railways is in talks with Reliance Jio Infocomm to allow the Mukesh Ambani-led telecom major's use of its towers. The aim is seamless mobile and internet connectivity for passengers along the 67,368-km of tracks. The Railway Board has entrusted its RailTel Corporation arm to work on the modalities with Jio. The Jio tie-up is expected to bring down its telecom bill by at least 35 per cent from this financial year.
Govt notification on $8.4 a unit price likely by month-end
After more than two decades and three attempts, the government has finally sold its flagship national carrier Air India, and it is deja vu for Maharaja as it returned home to its founding father the Tata group. Jehangir Ratanji Dadabhoy (JRD) Tata founded the airline in 1932 and named it Tata Airlines. In 1946, the aviation division of Tata Sons was listed as Air India, and in 1948, the Air India International was launched with flights to Europe. The international service was among the first public-private partnerships in India, with the government holding 49 per cent, the Tatas keeping 25 per cent and the public owning the rest. In 1953, Air India was nationalised and for the next over four decades it remained the prized possession for India controlling the majority of the domestic airspace.
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".
Air India Chairman Rajiv Bansal has been appointed as the new aviation secretary as part of a major top-level bureaucratic reshuffle effected by the Centre on Wednesday. K Rajaraman, additional secretary in the department of economic affairs, has been appointed as secretary, department of telecommunications, a personnel ministry order said.
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).
Operationalising the ban is being fleshed out: it will entail which cryptocurrencies will be banned and how.
Earlier, an inter-ministerial group used to take these decisions.
The government had allowed companies in February last year to launch probe missions to find more oil and gas within already-producing areas.
Special Judge O P Saini issued notice to the agency and sought its response by October 8.
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.
The rating agency official did raise concern about the banks' non-performing assets.
The pricing and marketing freedom for exploitation would be capped by a ceiling price.
Air India is awaiting the Union civil aviation ministry's nod to sell its properties in Mumbai and Chennai
He will be the first bureaucrat to head the central bank in almost five years.
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.
'Modi personally provides the higher direction of the ministry and the minister then works with bureaucrats on implementation,' points out Aakar Patel.
Besides facilitating travel by easing the traffic bottlenecks, the approved lines would help the upcoming industries in the region.
The coal-bearing states shall be getting additional revenue from such coal mines.
The appointment of new expenditure secretary comes a month-and-a-half ahead of the Budget for 2020-21 to be presented on February 1.
Chidambaram's son Karti has been questioned twice by the ED in this case.
Budget session will begin on February 23 and conclude on May 8
To sell five Boeing 777s, replacing these with cheaper aircraft
Finance Minister Arun Jaitley to present Union Budget on February 28.
Changes being driven by Etihad, says a source, after a V-P quits
Hike would have led to higher cost of fertiliser, electricity and even CNG.
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.
He is at present secretary (economic relations) in the Ministry of External Affairs.
Reason behind for the change in his stance: gas price increase.
"How many more lies will be peddled to sustain a sinking dynast? India, certainly deserves better," Jaitley said.
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.
An expert panel approved policy for development of gas fields.
It appears the row over the article penned by senior Bharatiya Janata Party leader Yashwant Sinha refuses to die down.
RIL may go to arbitration which may lead to further delay in production and extra cost associated with the arbitration.
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