Articles
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Go ahead, Sebi, "be fearless," and send the FM a notice
Investors in ONGC, Gail and OIL should yell blue murder, for the FM appears to be asking them to bear 75 percent of the oil subsidy. Sebi should send the FM a notice seeking clarifications. #Economy #P. Chidambaram #Corporate governance #SEBI #ONGC #Oil India #Regulator Watch #Fuel Subsidy
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Fuel subsidy cost will be Rs 20,000 cr for current fiscal, says FM
A day after agreeing to dole out a record Rs 1,00,000 crore in fuel subsidy for 2012-13, Finance Minister P Chidambaram today said cash payouts to oil firms this fiscal will be just Rs 20,000 crore. #P. Chidambaram #NewsTracker #Fuel Subsidy
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FM to dole out Rs 1 lakh cr in oil subsidy, but wants change in pricing formula
Finance Ministry, which had previously given out cash subsidy of Rs 55,000 crore, agreed to give Rs 40,000-45,000 crore more to cover for unmet revenue losses on fuel sale in the fiscal year ending March 31, 2013. #P. Chidambaram #NewsTracker #LPG #Diesel Subsidy #M Veerappa Moily #Fuel Subsidy
Blog posts
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Sensex at 20000: Markets will give credit where it is due
A good budget will see markets taking up PSU stocks along with the broad market and since PSU stocks have underperformed over the last two years the catch up could fetch handsome returns to investors. #Sensex #Stock market #Budget2013 #Fuel Subsidy #Diesel Price HIke
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Petro-fuels: The search for second-best solutions, or worse
The search for ways to defuse the petrol bomb is heading towards suboptimal solutions. #ThatsJustWrong #Petrol #IOC #Fuel tax
Wire
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Boarding Area
Extra Pack of Peanuts - What is a Fuel Surcharge?
This is Part 1 of the Defeating the Fuel Surcharge series. Other posts include: How to Find a Fuel Surcharge using the ITA Matrix Which Airlines Charge Fuel Surcharges and Which Don’t My Frequent Flyer Mile Earning Strategy to Avoid Fuel Surcharges One o #London
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The Jakarta Post
Rp 30.1t proposed to cushion fuel price hike
The government proposed Rp 30.1 trillion (US$3.08 billion) to the House of Representatives on Wednesday to compensate for the increase in fuel prices following a planned fuel subsidy cut. In a proposal of the revised 2013 state budget, the government wil #U.S. House of Representatives #Jakarta
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KNBC Los Angeles
Thieves Siphon 300 Gallons of Fuel Into Van
Thee men accused of stealing fuel parked a cargo van equipped with large plastic drums over underground tanks to siphon about 300 gallons of gas from a Fontana station, according to investigators. The men were booked on suspicion of grand theft involving #San Bernardino




