Gas Price Hike

CAG may also audit RIL's profit from gas price increase

Various experts have already expressed reservations about the viability of the government's step, which has been projected as a key reform in the fuel pricing regime

How ONGC, RIL, Oil India benefit from gas price hike

Moily expects gas output to rise by 2016/17

Moily clarifies on gas price hike: All you need to know

India's new gas price formula from next year: All you need to know

Why the gas price hike isn't a panacea for India's power shortage

In order to meet the higher costs of power, discoms will have to either increase prices proportionately or seek government subsidy. The latter seems to be the only way out as increasing electricity prices will be a politically upopular decision

Gas price hike will benefit govt, not private sector: Moily

Gas price hike: How govt looks to cushion power firms

But higher gas prices, on the heels of an increase in coal costs agreed last week, could translate into higher power costs for consumers and more costly fertiliser for farmers, which could cost the government votes in elections due by next May.

Khurshid on gas price hike: Hard decision, but will lead to more investments

He said price hike was not due to inefficiency of the government but because of the fact that India imports 80 per<br /><br /> cent of its fuel requirements

Govt bites the bullet: Gas prices to double from April 1 next year

While it was previously said the new rates would apply to regulated or APM gas produced by firms like ONGC immediately, the pricing as per Rangarajan formula will come into effect from April 1, 2014, just when RIL's KGD6 formula of USD 4.2/mmBtu runs out.