The issue is similar to a dispute between Oil and Natural Gas Corporation and Reliance Industries over the latter drawing gas from the state-run company's block

The government also empowered the DGH by allowing it to approve the cases of excess cost recovery up to 20%

In fact, they see sales rising further, will aggressively market these fuels laden with imported additives that improve driving experience and reduce emissions

At least two months are left before a new government takes charge, so there is time for two monthly price rises of 50 paise a litre each

The petroleum & natural gas ministry has decided to discontinue the practice of a monthly diesel price increase, indicating putting on hold its plan for a phased decontrol of the fuel’s price. But this has come at a time when the revenue loss on sale of every litre of diesel has shrunk to Rs 5.93 a litre, which could, perhaps, have given the government the best window to effect a complete decontrol.

According to a CDP-KPMG report, the demand for water is set to exceed supply by about 50% in 2030

In 2007, Chandrapur Super Thermal Power Station in Maharashtra was shut down due to scarcity of water. In almost an action replay, 1,130 mega watt Parli thermal plant met with the same fate of Chandrapur in 2013. Now, ahead of the World Water Day on Saturday, Indian corporates have raised an alarm over the likelihood of India turning into a water scarce nation by 2020.

At least 13 varieties are slated for GEAC nod after a long while but states have to also agree; biotech sector waits eagerly

Even as the government prepares to give a final nod to field trials for at least 13 crop varieties in the next meeting of the Genetic Engineering Appraisal Committee (GEAC), on March 21, the road ahead for genetically modified (GM) varieties is still bumpy.

Govt notification on $8.4 a unit price likely by month-end

The price of domestic natural gas is set to double to around $8.4 a unit from April 1, with the government coming out with a notification on this by the end of this month. This is in spite of political pressure and speculation in the past few months over the exact amount of increase.

Oil imports will rise by 169% and account for over 60% of the net increase in imports, says the energy outlook report issued by BP

The growth in energy demand in India will be highest among all the countries by 2030-35 beating even China, said the 2014 energy outlook report issued by the British oil giant BP.

Ministry to seek more time from SC

The environment appraisal committee (EAC) will shift out of the ambit of the environment ministry once the autonomous regulator is formed, it is learnt. The EAC will come under a regulatory authority which is yet to be constituted for the environment sector. The ministry is finalising a Cabinet note in this regard.

The ministry's moves are likely to help Coal India add at least 40 mn tonnes - 8.4 % of its expected output of 475 mt this year - to its overall production in 2014-15

M Veerappa Moily’s takeover of the environment & forests ministry last month, it appears, is turning out to be a blessing for Coal India Ltd (CIL), the world’s largest coal producer.