After grappling with the issue for two years, the Ministry of Petroleum and Natural Gas had on November 21 ordered that the margin to be charged, over and above the gas sale price, should be fixed between the seller and buyers in all sectors other than urea and LPG.
The PM alleged that a 'PC' (percentage commission) culture has become the state government's identity.
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.
Govt's decision comes two days after the National Green Tribunal had warned of strict action if clarity was not provided on the issue.
Aam Aadmi Party's Member of Legislative Assembly Madan Lal on Monday claimed that a member of the Bharatiya Janata Party had offered him Rs 20 crore to topple the ruling government in Delhi led by Arvind Kejriwal.
Delhi, reeling under high temperatures and an acute electricity shortage, will get additional gas supplies from the National Thermal Power Corporation and Dabhol to increase power generation and help meet demand in the national capital.
K Chandrasekhar Rao, in an interview with Rediff.com's Vicky Nanjappa, says the TRS has decided to fight the election on its own and is convinced the people will reward them for their efforts.
Here's what the national capital needs to do to ensure the residents stop breathing toxic fumes.
Trend Alert: Pastel Colours Replacing Neon Colours
In its third video uploaded on YouTube, RIL said the Cabinet had decided on June 27, 2013, to revise natural gas prices for public and private producers from April 1 and notified the decision on January 10, about two months before the schedule for general elections was announced on March 5.
Sources said the Cabinet had in December last year stipulated that the new gas rate will apply to all producers excepting eastern offshore KG-D6 block where the contractor, which is fighting government against levying penalties for output shortfall, will have to give bank guarantees equivalent to the incremental revenue it would get from the new rates.
Entrepreneurs, however, say they are unsure when the many obstacles in India will be cleared.
The approval was announced by Environment Minister Greg Hunt, who said "after undertaking a thorough assessment and consideration under national environment law, I have approved the Carmichael Coal Mine and Rail Infrastructure project, subject to 36 strict conditions".
'Those of us who care for the Indian Constitution worry,' says Aakar Patel.
'With two nuclear neighbours, how likely is it for our armed forces to battle in a contaminated environment that could include nuclear, biological or chemical attacks by the adversary?' 'Are we prepared for the threat?' Brigadier S K Chatterji (retd) explains the meaning and significance of Operation Vijay Prahar.
For the party's traditional vote bank -- traders -- demonetisation was a 'political betrayal.'
RIL's Dhirubhai-34, or R-Cluster field, in the flagging KG-D6 block was to produce about 13 million standard cubic metres per day of gas, equivalent to present day output from D1&D3 as well as MA fields, by 2017-18.
The firm expects its recent equity infusion, debt refinancing and the compensatory rate to lead to a turnaround in its financial position.
'A fierce crusader against communalism, George joined hands with majoritarian forces, never to revisit or re-assess his saffron association.' 'He was a Union minister in 1998-2004, a time when people like Graham Staines were lynched in Orissa.' 'On the Gujarat pogrom of 2002, George went on to kind of justify the slashing of pregnant women, by saying in the Lok Sabha that this was nothing new for India.' 'Thus, he was in sharp contrast to what he had himself stood for in the heyday of his political career in the 1970s and 1980s, says Mohammad Sajjad.
The government had in October 2007 set a sale price of $4.20 per million British thermal unit based on the price discovered by RIL from key customers.
Eyewitnesses reported hearing a loud "bang" from inside the venue.
Haaziq Kazi, disturbed by the damage we have done to marine life, has designed a solution to save the oceans.
What does the Mi 3 offer buyers at this price? A closer look at the phone that sold 95,000 units in six online flash sales.
To proceed with a Cabinet proposal to grant the relaxations to RIL, the Election Commission's approval will be sought.
'The success of the country's economic policies is affirmed by receipt of FDI of $15 billion last year, the highest in the Asia-Pacific after China and India, and well ahead of Indonesia, Australia, Singapore, Malaysia and Thailand,' notes Ambassador Talmiz Ahmad.
A pro rata expansion of that number for 100 Gw means investing that much every year.
There's more to this country than just the Northern Lights.
Sebi might come out with a regulatory framework for issuance of 'green' bonds
In the 38-page report, across 10 chapters, RIL explained how it entered the exploration and production business; the history of the New Exploration and Licensing Policy and the introduction of production-sharing contracts.
Make in India campaign has huge potential.
China has invested millions in Sri Lankan infrastructure.
'The Indian cement sector is the most energy-efficient worldwide, mainly due to modern technology used in the plants but also because of efficient monitoring of a plant's performance on a daily basis, focusing on energy savings and carbon dioxide emission reductions.'
Cabinet may tweak Rangarajan formula; new price may be further delayed.
When industrial output and inflation fall simultaneously, though it is both a piece of good and bad news, taken together they can signal clear signs of an economic slowdown.
For debt-laden companies, asset sales is an obvious solution.
Hyperloop concept was first released in 2013 by Tesla and SpaceX's Elon Musk as an alternative to high-speed rail
The Oppo R5 has bagged the title of the world's thinnest smartphone. We list 10 features that will help you decide if the R5 is meant for you!
How on earth did Dr Manmohan Singh and his ministers conclude that the casualties of a disaster in a nuclear plant would be fewer than the deaths and injuries caused by the Bhopal gas tragedy? And that the compensation could, therefore, be capped at a smaller amount, asks T V R Shenoy.
When Vietnam's India born Foreign Minister Pham Binh Minh arrives in New Delhi on Wednesday evening, he will have many areas of similar interest to discuss with his counterpart, External Affairs Minister Salman Khurshid.
Every evening when the lights glow in the huts of Gangapur village, the villagers thank two young men - Ajay Kumar and Somil Daga.
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