India should accept equal per capita emission quotas.
Demanding an inquiry into the purchase of 111 new aircraft by national carrier Air India, the Bharatiya Janata Party (BJP) has said the proposal was the root cause of the airline's financial woes.
The flip side of decontrol is greater competition for oil PSUs, says Sunil Jain.
The room for political manoeuvre to raise petroleum prices is the highest at this point in time, says Business Standard.
At present, India has 56,999 fuel outlets. Of those, only 6,276 are owned by private companies
Mehta rose in the BJP ranks to become a corporator, legislator and an MP who defeated late Murli Deora from South Mumbai Lok Sabha constituency.
The Union Labour ministry had announced a compensation of Rs 10 lakh for the next of kin of the deceased and Rs 2 lakh for those seriously injured.
Indian Oil Corporation (IOC) has come a long way in its 50 years of existence.
Upstream firms pay for a portion of fuel subsidies by extending discounts on crude oil they sell to refiners who are forced by the government to sell diesel and cooking fuel at rates lower than cost of production.
Using energy more efficiently can reduce our energy needs by one fifth; it is a strategy we must pursue even as we promote renewables, says Kirit Parikh.
"We have recommended that at least 20 per cent of coal should be sold through e-auction," said Kirit Parikh, member (energy), Planning Commission. CIL currently puts for sale about 10 per cent of its annual production through online bidding. The National Coal Distribution Policy has already recommended increasing this quantum in a bid to ensure better price discovery of the fuel.
Seven members of a Dalit family were thrashed by self-proclaimed cow vigilantes on July 11, 2016 in Mota Samadhiyala village in Una taluka of Gir Somnath district.
BJP leader and a former MP Kirit Somaiya, president of the forum, told reporters that the matter was mentioned before the court on Wednesday and the counsels for the forum argued the urgency of the case before Chief Justice Swatanter Kumar and Justice D Y Chandrachud. Advocates Darshan Mehta and Nishant Shashidharan appeared for the petitioners.
"Whatever happens, the next chief minister of Maharashtra will be Shiv Sena president Uddhav Thackeray," said party spokesperson Sanjay Raut even as trends indicated that Sena would not come out on top in the state.
Petrol and diesel prices will go up by Rs 2.67 a litre and Rs 2.58 per litre, respectively, after Finance Minister Pranab Mukherjee on Friday raised customs and excise duties on the two, virtually putting the Kirit Parikh Committee report on fuel price in cold storage.
India Green, resuming the day at 98 for two and chasing an improbable 474-run target, were dismissed for 303 in their second innings with Sharma taking six for 94 to take his match tally to 10 for 133, his best figures in first class cricket.
A contruction labourer claimed the body of a victim to claim compensation. However, the victim's son with the help of the police and a former MP were able to bring about closure.
The report, which was submitted to the prime minister last week, said that in the best-case scenario exports would register a growth rate of 6 per cent next fiscal. As regards 2008-09, the commerce ministry data said exports grew by 13.2 per cent during April-January. However, as the negative trend that started in October is believed to have continued in February and March as well, the annualised export expansion may not exceed 3-4 per cent.
The Planning Commission may go for a correction in the 11th Five Year Plan targets as it gears up for mid-term assessment of goals next year in view of the global financial meltdown's impact on the economy.
"I could say 40,000 Mw is certainly achievable, 60,000 Mw is a possible target but 77,000 Mw looks a bit difficult," said Kirit Parikh, member (energy), Planning Commission. He attributed the apprehension over meeting the capacity addition target mainly to the non-achievement of financial closures of some projects. About 15 per cent -- 12,000 MW -- of the power generation target for the current Plan period has been achieved.
Prominent personalities from Mumbai have appealed to Prime Minister Manmohan Singh to interfere in the forest land issue in the city suburbs, where over 1 lakh families will be displaced if the government adheres to a court order.
'Relief and rehabilitation has been a disaster, especially from the state government.' BJP leader Kirit Somaiya on the plight of the July 11, 2006 blast victims.
Questions over proposed changes in land use are piling up, even as the commerce ministry and Maharashtra government are rushing to give in-principle approvals and conditional no-objection certificates to special economic zone developers.
Dr Somaiya also said that Ali is facilitating few other major political leaders.
Former MP and a member of the BJP's National Executive Kirit Somaya on Monday alleged that overvaluation of initial public offers (IPOs), over-speculation and faulty settlement mechanism were behind Monday's stock market crash.
Questioning the idea of market-determined prices for natural gas favoured by the petroleum ministry, the Planning Commission said on Tuesday that given the shortage of the fuel, the government had a role to play.
founder-president of the Investors' Grievances Forum Kirit Somaiya says the finance minister along with the market regulator Sebi were responsible for the market crash on October 17.
Mansingh, a 1970-batch IAS officer from Gujarat cadre, was the number one choice for the post of chairman of PRB at the screening done by the Search Committee headed by Planning Commission Member (energy) Kirit Parikh, top officials said.
The Bharatiya Janata Party on Sunday attacked the Congress-led government at the Centre for its economic policies, saying these had resulted in steep price rise and an agriculture crisis
Amid the din in which BJP and Congress members tried to shove each other and some members banged the door leading to the secretary general's desk, Birla adjourned the House for the day.
The BJP's investor cell has asked the Prime Minister to gag finance minister P Chidambaram from making any statements, saying his 'abnormal behaviour' was creating more trouble in the capital market.
The Investors' Grievances Forum on Wednesday charged the Reserve Bank of India with continued cover-up operation in the IPO scam instead of nailing down the scamsters.
Online booking started on February 18 but the site soon crashed.
Mumbai river: HC orders eviction notices
The Patak's Indian food empire has been put up for sale with a price tag of 200 million pounds, just months after a bitter family feud over ownership of the company was settled.
The court also directed that action should be taken up against those who dump garbage and construction debris.
Sameer Bhujbal was arrested after over six hours of questioning under the provision of the Prevention of Money Laundering Act at the agency's office in Ballard Tiar here. He will be produced in court on Tuesday, official sources said.
Calling the demat scandal in Yes Bank IPO allocation as "the tip of the iceberg", Investors' Grievances Forum on Wednesday demanded an inquiry into allocation of retail portion of almost 25 public issues that hit the market after June 1, this year.
Though authorities and NGOs have made arrangements for their food, most of them want to go back to their native places to escape the hardship brought by the sweeping curbs.