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Panel submits report on new gas pricing formula

Sep 17, 2014

Panel submits report on new gas pricing formula

The increase in gas price would bring windfall for the government -- about $2.08 billion (Rs 12,900 crore) from additional profit petroleum, royalty and taxes accruing from doubling of gas rates, according to oil ministry estimates. #Economy #Reliance Industries #UPA #Election Commission #KG-D6 #PolicyWatch #Cabinet Committee on Economic Affairs #Dharmendra Pradhan #Rangarajan formula #gas pricing mechanism
Sensex down 57 points on decline in oil, gas stocks

Jun 26, 2014

Sensex down 57 points on decline in oil, gas stocks

The benchmark BSE Sensex fell over 57 points in early trade on Thursday on decline in oil and gas stocks after the government postponed revision in natural gas prices by three months amid June expiry in the derivatives segment. #BSE Sensex #India #nifty #ONGC #markets #RIL #gas prices #US Dow Jones #Hang Seng
Centre defers decision on natural gas prices by three months

Jun 25, 2014

Centre defers decision on natural gas prices by three months

The first revision in rates in four years was originally to take effect from 1 April but with general elections being declared it was postponed by three months. #Reliance Industries #Narendra Modi #KG-D6 #PolicyWatch #CNG #CCEA #Gas Pricing #Rangarajan Committee #Dharmendra Pradhan
Now, Centre mulls over hiking LPG price by Rs 5 per cylinder

Jun 24, 2014

Now, Centre mulls over hiking LPG price by Rs 5 per cylinder

The PMO and the petroleum ministry are already deliberating hard to work on an acceptable price level of CNG and PNG as per the Rangarajan Gas Price Formula before the deadline of 1 July sets in. #Economy #India #ThisisNext #LPG #Kerosene #CNG #PNG #Rangarajan Gas Price Formula