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Audit should not hurt pvt sector: Manmohan Singh had told CAG
As CAG found Reliance Industries was being favoured in gas exploration deal to the government's detriment, former Prime Minister Manmohan Singh told the then top auditor Vinod Rai that audit should......
RIL row: 'Govt took decisions without fear or favour'
The government on Thursday strongly rebutted allegations of it showing favouritism towards Reliance Industries, saying decisions were taken objectively without fear or favour and that it had way......
Domestic crude oil producers get marketing freedom, exports not allowed
In a move that may boost the Indian hydrocarbon industry and bring more investments into the sector, the Union Cabinet on Wednesday decided to give marketing freedom to domestic crude oil......
Adani Welspun strikes gas in Mumbai offshore
A joint venture of Adani Group and Welspun Enterprises Ltd has discovered natural gas reserves in an area off the Mumbai coast, the two firms said in a statement Monday. The first-ever gas......
Why FDI in oil & gas is in a mess
The retrospective tax controversy was highlighted by Vodafone, but Cairn Plc’s continuing problems point to the impact this law has had on FDI in India’s oil and gas sector.......
Will petro products finally come under GST?
The new government may also introduce a separate scheme for revival of stranded gas-based power projects. Illustration: Uttam Ghosh/Rediff.com Further push for inclusion of key......
Oil PSUs may be allowed by Modi govt to bring in private players
The government was planning to come up with a new fiscal model giving 'special incentives' for fields that were given out on nomination to ONGC and Oil India, reports Shine Jacob. IMAGE: A......
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