The OilMin is likely to announce the price for next six months soon.
'This pandemic has given him a new platform to perform,' says a member of the government. 'He should feel lucky that he has got an opportunity now to demonstrate to the world his original talent.' 'He needs a visionary script to perform.' Sheela Bhatt reports on the politics of the pandemic.
It was 55.3 per cent for the same period last year, and data shows the fiscal deficit for April-May was kept in reasonable check in spite of heavy frontloading of expenditure.
Oil Minister M Veerappa Moily approved continuation of the existing rate of $4.2 per million British thermal units until the new government, which will be in place in May, decides on implementation of the new price formula.
Currently, FDI up to 100 per cent is allowed in the drugs and pharmaceuticals on the automatic route.
The list mostly contains PSUs which were up for sale in the last fiscal.
Gates, who is also co-chair in the Bill & Melinda Gates Foundation, further said since the issue of climate change is "complicated", different interventions are required to be taken including developing new variety of seeds and their distribution to farmers.
'Destabilising the Yediyurappa government is not a cakewalk.' 'If he is destabilised, then the BJP will have problems in Karnataka.'
Delhi, Uttar Pradesh and Jammu reported one case each, officials said.
The government today said it will look into the matter relating to a ship named SS Oceanic carrying 250 tonnes of asbestos, which is reported to be heading towards the Alang shipbreaking yard in Gujarat.
The government has asked Reliance Industries to supply natural gas from the company's eastern offshore D6 fields to the beleaguered Dabhol power plant, a segment that gets top preference for gas allocation along with fertiliser units.
Growth was primarily pushed by a jump in steel and electricity generation, apart from a sustained rise in natural gas output.
"Since the inception of National Pharmaceutical Pricing Authority in August 1997, it has raised a total demand of Rs 1,626.51 crore till October 15 this year, for recovery towards overcharged amount in 585 cases," Minister of State in the Ministry for Chemical and Fertilisers B K Handique informed Rajya Sabha in a written reply. Under the provisions of Drug Price Control Order 1995, NPPA has been able to recover Rs 131.71 crore (Rs 1.31 billion).
The chances of the posts opening remain slim, with security agencies recently identifying 10 suspects who smuggled in weapons, narcotics and fake currency.
Over 300 life-saving medicines may become cheaper by at least 25 per cent, if the finance ministry considers a proposal by its chemicals and fertilisers counterpart to provide customs and excise duty waivers on all drugs that are part of the National List of Essential Medicines. The chemicals and fertilisers ministry proposal has been supported by pharma companies, who have also agreed to pass on the benefits of such waivers by slashing retail prices.
Last week, RIL and urea companies failed to settle the key terms of gas supply from April 1 upon expiry of the five-year contracts that priced gas from the eastern offshore KG-D6 fields at $4.205 per million British thermal units.
Govt has given the medicine price regulating body a freedom to control prices of medicines.
Natural gas and fertiliser output recorded a negative growth of 1.7 per cent and 1 per cent, according to the data of the Commerce and Industry Ministry.
India plans to phase in cash transfers of food and kerosene subsidies from September, saving 10-15 per cent of the $21 billion in annual outlays on the benefits by eliminating fraud, a senior finance ministry official said on Thursday.
During April-May, growth in the eight core industries slowed to 3.3 per cent as against 4.9 per cent in the year-ago period.
She said that despite government scheme and initiatives ranging from roads to agriculture, housing, scholarships to electricity benefiting lives of people, a false narrative was being created by the opposition that the government was working for cronies.
With pricing of natural gas from the KG-D6 block stuck, Mukesh Ambani made the second trip to New Delhi this month to meet top officials.
Ajit Balakrishnan on learning from past technology revolutions.
During April-August, the eight sectors grew by 4.4 per cent, against 4.2 per cent in the year-ago period.
Ajit Balakrishnan on the surprising drivers of mathematical innovation.
India has flattened its Covid-19 graph and 146 districts have reported no new case of the viral disease in the last seven days, 18 in 14 days, six in 21 days and 21 districts in the last 28 days, Union Health Minister Harsh Vardhan said on Thursday.
The Child Protection Services programme under the Integrated Child Development Services was increased to Rs 1,500 crore from Rs 925 crore.
There are several welcome standalone reforms, but these do not add up to a coherent strategy to achieve a $5 trillion economy or secure Aatmanirbharta, observes Rathin Roy.
Ruling out divestment in public sector units under his ministry, Chemicals and Fertilisers Minister Ram Vilas Paswan said on Thursday that the government would make all efforts to revive ailing enterprises like Hindustan Antibiotics Ltd.\n\n\n\n
Subramanian was the Dennis Weatherstone Senior Fellow at the Peterson Institute for International Economics and Senior Fellow at the Centre for Global Development in the US before joining the ministry.
Water Resources Minister Uma Bharti said she would announce in the House in July 2018 that the river has been cleaned and rejuvenated.
Barring rice, spices, iron ore and pharmaceuticals, all the remaining 26 key sectors registered negative growth in May. Imports too plunged 51 per cent to $22.2 billion in May.
BC Tripathi, who helms India's largest natural gas marketer and transporter -- GAIL, discusses last-mile connectivity to homes with Jyoti Mukul and Shine Jacob.
Pensioners, India Inc may get tax breaks in Budget
Chemicals and Fertiliser Minister Ram Vilas Paswan said on Thursday that the Union government will introduce maximum retail price-based pricing regime for medicines
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