Banking on the phased deregulation of diesel pricing, the government proposes to cap subsidy on this fuel at R6 per litre in 2013-14 to insulate itself from volatility in global crude oil prices wh
Faced with stiff opposition from power utilities over the Centre’s move to introduce coal price pooling which could increase price of the fuel by R100 a tonne (5%) or more, the coal ministry may re
The first phase of Posco’s $12-billion Orissa project — India’s single-largest foreign direct investment — could start churning out steel by 2018, three persons with direct knowledge of the develop
The Centre has decided to tell the Supreme Court that it is legally empowered to allocate coal blocks and is marshalling facts to make a strong case before it, a senior official said.