The report, 'Road Ahead Clears Up for Oil PSUs', says the decline in underrecoveries, or losses oil-marketing companies incur on selling petroleum products below market price, will have a significant positive impact on both upstream and downstream public-sector oil companies.
In Maharashtra, the oil industry had tenancy protection till 1999.
A government official said out that with hardly any economic activity, an immediate duty hike will not be productive and could be announced once the lockdown eases and demand revives.
'It is vital we should form an international coalition against ISIS, because their brutality and the use of the Internet for jihadist activities is a reminder that the entire world community has to be in this together,' US Congressman Ed Royce, chairman of the House Foreign Affairs Committee, tells Aziz Haniffa/Rediff.com in an exclusive interview ahead of Prime Minister Modi's visit.
Since taking office in 2014, the prime minister has been working tirelessly, a query through RTI reveals.
He also gave examples witnessed at various places, like changing of the crop pattern in view of scarce water and adoption of sprinklers, drip irrigation, water harvesting and water recharging methods.
India's macroeconomic situation has benefited from oil prices' decline.
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