Moily
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Gas price hike will benefit govt, not private sector: Moily
Fp Archives •It's coming: A gas price hike is around the corner
Fp Archives •Finance Minister P. Chidambaram has listed gas pricing as one of the issues he expects to resolve before the end of June, after ratings agency Fitch urged reforms. Oil Minister M Veerappa Moily has said the government may even act this week.
Govt to unveil shale gas policy in 2 weeks: Moily
Fp Archives •A lack of a policy framework and resource estimates at home have led to companies like Reliance Industries, GAIL and Oil India turning their focus to shale gas assets overseas.
Portability: LPG consumers can now switch their dealers
Fp Archives •Unlike cellular services where consumers have the option to switch between different mobile companies, LPG consumers would have the limited option of changing only their dealers, not the oil company
Diesel, LPG rates to go up if govt approves Kelkar report
Fp Archives •The Kelkar Committee, which was appointed by Finance Ministry to suggest a roadmap for fiscal consolidation, has suggested immediate hike in fuel prices and complete deregulation of diesel prices by start of 2014-15 fiscal
Govt disallows RIL's $1 bn expense on KG-D6
Fp Archives •The government has disallowed $1 billion expense of Reliance Industries on the flagging KG-D6 gas fields for not implementing the approved field development plan, Oil Minister M Veerappa Moily said today.
Govt run by corporates? Reddy's shift out of oil triggers storm
Fp Staff •Opposition parties and name-and-shame expert Arvind Kejriwal already smell a rat in the move. They have alleged that Reddy was shifted to the low-profile science and technology ministry under pressure to please Mukesh Ambani of Reliance Industries.
The curious case of Moily, Essar, Hindalco and Mahan coal block
Jay •Why the UPA is desperate to sidestep the Forest Rights Act, one of its flagship achievements, and why a private company moves court to safeguard a sitting union minister
Kejriwal doesn't understand basic fundamental laws: Moily
Fp Archives •Hitting out at Kejriwal for his policies and measures like subsidy on electricity as Delhi CM, Moily said "Kejriwal is up to fool everybody and even fool the democracy..."
Discoms to get performance-linked bailout package, says Moily
Fp Staff •India's power distributors had accumulated losses of Rs 2.46 lakh crore up to the end of the fiscal year ending March 2012, Power Minister Veerappa Moily said on Tuesday.