The government on Monday refused to review its decision rejecting the price of natural gas proposed to be sold by Reliance Industries Ltd to an Anil Ambani group firm.
Former Congress president Sonia Gandhi, BJP chief J P Nadda and new party entrant Ashok Chavan and Union ministers Ashwini Vaishnaw and L Murugan were among the 41 candidates elected unopposed to Rajya Sabha on Tuesday while Himachal Pradesh, Karnataka and Uttar Pradesh will witness polling on February 27.
India on Thursday warned Canada against giving space to separatists and extremists elements, saying it was not good for the bilateral ties, days after a video of a float, depicting the assassination of former Prime Minister Indira Gandhi, at a parade in Brampton went viral on social media.
Anil Ambani's Reliance Natural Resources continued its attack on the government for allegedly favouring brother Mukesh Ambani's Reliance Industries Ltd on the sale price of gas from the Krishna Godavari D6 basin. At $4.2 per million British thermal unit (mBtu), the price fixed, there is a premium of more than 100 per cent over the gas available through the administered pricing mechanism, it said.
The resolution, moved by Chief Minister Bhupendra Patel, was passed unanimously as besides the BJP MLAs, members of the Opposition Congress as well as the Aam Aadmi Party extended their support to it.
Deregulating petrol and diesel prices has been on the cards since the crude oil prices came down by $100 from the historic high of $147 a barrel, a few weeks back. But with the rates climbing again, doubts are being cast if prices can actually be freed. Crude oil prices are ruling at $71-72 a barrel, a seven-month high.
Within days of India approaching International Atomic Energy Agency for country-specific safeguards for nuclear power plants, the ministry issued advertisements in newspapers explaining what the uranium extracted energy can do to the nation's energy security. Energy-hungry India has a huge unmet power demand and the heavily subsidised diesel is being used as fuel to generate electricity.
The Congress on Tuesday suffered a major upset in Himachal Pradesh at the hands of the Bharatiya Janata Party in the Rajya Sabha elections which were marred by cross-voting in all the three states though it won three seats in Karnataka while the saffron party pocketed an extra seat in Uttar Pradesh.
India has put in place a multi-pronged strategy, including faster exploration and acquisition of oil fields abroad, to secure energy at affordable rates, Petroleum Minister Murli Deora said.
Deora's visit assumes importance in view of Musharraf's proposals to China and China's quest for shorter, safer and commercially viable routes for importing gas and oil.
In first clear indications of a further reduction in petrol and diesel prices, Petroleum Minister Murli Deora on Monday said the government was considering passing on the benefit of the fall in international crude oil prices to consumers.
A price reduction may be considered if crude oil falls to $61 per barrel, he said. The basket of crude oil India buys was at this year's lowest of $68.81 per barrel. Indian Oil, Bharat Petroleum and Hindustan Petroleum are currently losing about Rs 280 crore (Rs 2.8 billion) per day on sale of petrol, diesel, domestic LPG and kerosene as government has not allowed them to align retail prices with cost of production.
Immediately following its ban being lifted on July 11, 1949, the RSS began debating entering politics in the pages of its house organ, The Organiser. Thus was born the Jana Sangh/BJP, points out Aakar Patel.Thus Was Born Jana Sangh/BJP, asserts Aakar Patel.
Petroleum Minister Murli Deora is likely to meet Finance Minister P Chidambaram later this week to seek greater compensation for oil companies, who are currently losing about Rs 450 crore (Rs 4.5 billion) a day on fuel sales. Indian Oil, Bharat Petroleum and Hindustan Petroleum are likely to see doubling of revenue loss on sale of petrol, diesel, domestic LPG and PDS kerosene to Rs 150,000 crore. The three fuel retailers together lost Rs 77,304.50 cr on fuel sale in 2007-08.
Sources said both Mukherjee and Deora were in favour of Rs 2-3 a litre hike in petrol and diesel prices and Rs 25 per cylinder increase in LPG rates.
Prices of petrol and diesel will not be reduced immediately as oil companies continue to make losses even after the recent fall in international oil prices, Petroleum Minister Murli Deora said on Wednesday.
If she cannot recast the party, bring together the factions opposed to her, and present herself as her brother's true challenger, there will be little left for her in politics, notes Aditi Phadnis.
Former Maharashtra Chief Minister Ashok Chavan joined the ruling Bharatiya Janata Party (BJP) in Mumbai on Tuesday, a day after quitting the Congress.
India's oil minister Murli Deora said on Saturday that the\ngovernment would consider a downward revision of fuel prices if international crude\nprices came down.
Petroleum Minister Murli Deora appealed on to petrol pump operators on Wednesday to call off their proposed two-day strike from April 13 saying their main demand of raising commission on sale of petrol and diesel will be considered.
Kapoor told the ED that he was told by the then petroleum minister Murli Deora that the refusal to buy the MF Husain painting will not only prevent him from building a relationship with the Gandhi family but also prevent him from getting the Padma Bhushan award.
Petroleum Minister Murli Deora said on Monday the Centre was trying its best not to increase the prices of petroleum products like petrol and diesel even though the international oil prices had registered an upward trend in the past few months.
The INDIA bloc is also likely to announce a secretariat for smooth coordination between the constituents and it is likely to be set up in the national capital. Besides, the members will also discuss the issue of having a coordinator or a chairperson to head the alliance.
A special investigation team (SIT) has been formed to unravel the mystery surrounding the alleged theft of 240 British-era gold coins by four policemen in Madhya Pradesh's Alirajpur district, an official said on Wednesday.
Approximately 80 leaders from more than 26 political parties are expected to attend the third meeting of the INDIA alliance in the country's financial capital, they said.
'It is not his doing, but Rahul Gandhi is forced by circumstances.' 'In taking political decisions, everything has to get his clearance.'
'Rahul Gandhi should have prevented Nitish Kumar from going.' 'He must pacify Mamata Banerjee if he has a cause of Mohabbat Ki Dukaan.' 'He should bring this Mohabbat Ki Dukaan on the political canvas.'
Hindustan Petroleum Corporation Ltd will invest over Rs 900 crore (Rs 9 billion) on expansion and modernisation of its retail network in 2006-07, Petroleum Minister Murli Deora said on Tuesday.
Brokerages lowered their earnings estimates following muted results in Q1FY24. While analysts remain optimistic about the stock's medium-term prospects, they highlight near-term concerns stemming from lower realisations due to changes in the product mix and margin pressures resulting from new plane additions.
'The BJP is trying to change this mantra.'
Kapoor has told the Enforcement Directorate that he was 'forced' to buy the M F Husain painting from Priyanka Gandhi and the sale proceeds were utilised by the Gandhi family for the medical treatment of Congress president Sonia Gandhi in New York, according to the charge sheet filed by the federal anti-money laundering agency in a special court in Mumbai.
Ghulam Nabi Azad's resignation from the Congress on Friday marked the most high-profile exit of one of the "Group of 23" (G-23) leaders, who had written to party chief Sonia Gandhi two years ago for a "collective and inclusive leadership" in the organisation, exposing the faultlines in the grand old party.
The Congress in Maharashtra on Wednesday announced support for the candidate of the Uddhav Thackeray-led Shiv Sena in the November 3 byelection to Andheri East assembly constituency in Mumbai.
The Congress on Thursday accused Bharatiya Janata Party MPs of subjecting Sonia Gandhi to "brutal heckling, verbal assault and physical intimidation", and demanded an apology from Prime Minister Narendra Modi.
The Emergency greatly influenced the RSS' makeover from a fringe force in the Indian political imagination to one that could have its own man sworn in as prime minister in two decades' time. A riveting excerpt from Christophe Jaffrelot and Pratinav Anil's India's First Dictatorship: The Emergency, 1975-1977.
Glimpses of Vijay Shekhar Sharma's joy during the IPO listing ceremony on the BSE.
A family priest performed the prayers as per Parsi tradition before the last rites.
The Maharashtra cabinet led by Chief Minister Eknath Shinde on Wednesday reversed the previous MVA government's decision to increase the number of municipal wards in Mumbai from 227 to 236, an official release said.
Members of the Parsi community, business leaders and politicians were among those who attended the cremation.
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