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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......

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......

Govt rejigs excise duty on petrol, diesel; keeps tax unchanged

Petrol prices on Thursday crossed Rs 73 a litre mark, the highest level since the BJP government came to power in 2014, while diesel touched a record high of Rs 64.11 a litre. Finance Minister......
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