Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
The government's move is crucial as the state distribution utility MahaVitaran was purchasing about 95 per cent of power since the Dabhol project began generation in April 2006
The total investor wealth in domestic stock markets soared by Rs 1.53 lakh crore as investors cheered energy reforms, including hike in natural gas prices.
The 30-share Sensex surged 299 points to close at 28,736 and the 50-share Nifty gained 90 points to end at 8,723.
$10 billion TAPI pipeline unlikely before 2020
In a presentation prepared for the incoming Narendra Modi-government, the ministry listed national oil companies losing focus on domestic exploration as well as legal disputes around signed contracts with private explorers among the five things that went wrong during the United Progressive Alliance regime.
Abbasi will be sworn-in in later at a special ceremony at the President's House.
They have been named for their stake in the Farsi offshore block.
.jpg)
On June 27, the Cabinet approved a new formula that uses weighted average of the price of LNG into India and average price at major gas hubs.
Interest rate sensitive stocks gain ground post decision
n the broader market, BSE Midcap and Smallcap indices are trading higher by 0.3% each.
Govt unlikely to cut excise duties to compensate for higher global prices, say analysts.
Among these, Hindalco and Vedanta from the metal pack have become multi-baggers, gaining 100 per cent in 2016
The winter session of Parliament will commence on November 26.
Petrol attracts a total excise duty of Rs 17.46 per litre.
Reliance Industries has regained the top slot among Indian energy companies on the Platts global list
Stock to watch: Shipping Corporation and Great Eastern Shipping
JNPT, the country's largest container port at Navi Mumbai, and Kandla in Gujarat's Kutch, the largest port by total cargo, will come together to form a Special Purpose Vehicle to operate the terminal at Chabahar, under a revenue-share agreement with the Port and Maritime Organisation, Iran.
The Election Commission asked the government to defer announcement of the new price till completion of the polls and so RIL was asked to continue selling the gas at old rates.
She, however, preferred not to use the word 'Rohingya' and said 'we have urged that the situation be handled with restraint, keeping in mind the welfare of the population'.
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.
Keshav Joshi's tongue in cheek look at Narendra Modi's mega plans.
'I believe one of the most critical issues is the common threat we face from Islamist radicals and the continuing and unimpaired financing of Al Qaeda, the 'D' Company, the Haqqani network, the LeT and the Jaish-e-Muhammed.'
In the January, 2013 Cabinet note on revision of prices of all domestically produced natural gas, the ministry had proposed immediate implementation of the formula suggested by a panel, headed by Prime Minister's Economic Advisory Council Chairman C Rangarajan, for all producers except in cases where the current rate is valid for a certain period.
Sensex remained volatile through the day.
A market-based gas pricing regime is to kick-in from next month.
Days after the Cabinet approved doubling of natural gas price from April next year, the Finance Ministry has written to Oil Ministry suggesting setting of a ceiling or an upper limit for the rates.
The projected output will come from satellite fields in the eastern offshore KG-D6 block as well as North East Coast block NEC-25, off the West Bengal coast.
The CPEC poses a clear and imminent danger to Indian security interests, says Kulbir Krishan.
Markets closed in the red on domestic worries.
The Trump regime has informed the Congress that it 'strongly supports' transfers of F-18 and F-16 fighter proposals put forth by Boeing and Lockheed Martin respectively.
The net sales growth declines 4.4% in September quarter, the second worst in eight years.
Reliance Industries was the top Sensex gainer up 5.6% after the company reported better-than-expected net profit growth at 12% in the second-quarter aided hby higher gross refining margins.
Haaziq Kazi, disturbed by the damage we have done to marine life, has designed a solution to save the oceans.
Market breadth is positive with 942 advances and 196 declines.
United States Energy Secretary Ernest Moniz has cancelled his crucial trip to India this month in view of the strained relations between the two countries over the arrest of an Indian diplomat on alleged visa fraud charges.
.jpg)
Following adverse media reaction to the June 27 decision of the Cabinet Committee on Economic Affairs, the finance ministry had issued an office memorandum asking the petroleum ministry to see if there was a way to make RIL clear its gas supply backlog at the existing price.
An empowered group of ministers headed by Defence Minister A K Antony is to consider an Oil Ministry proposal of abolishing the priority ranking according to which natural gas is first given to urea manufacturing fertiliser plants, then to LPG units, followed by power plants, city gas, steel and refineries.
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.
Capital Goods shares ended mixed on the back of weak IIP numbers. L&T ended down 0.7% while BHEL ended with marginal gains.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances