If energy, reforms and governance are addressed right, the Indian economy will be the largest by 2045
Given its extraordinary demographics and the unfulfilled demand for infrastructure and consumption combined with the hopes and predictions of responsible bankers such as Citibank and Goldman Sachs, India must know her strategy to keep growing at 10% and with sub-5% inflation to be the largest eco

Patient capital can help provide reliable and green electricity to the rural poor

Biotech, a Thiruvananthapuram-based institution, which is engaged in bio-waste management and non-conventional energy generation programmes, has acquired an innovative technology for generating diesel from plastic waste.

The technology developed in Austria is being promoted in India by the TVS Group.

The dirty fuel is no longer a dirty word in the Indian automotive industry. Long considered the choice of truckers and taxi drivers, diesel has over a short span of time won over the passenger vehicle buyer. With 70 per cent of the market being dominated by small or compact cars, it is no wonder that 2010 saw manufacturers launching new models in this segment.

Oil and gas service companies injected tens of millions of gallons of diesel fuel into onshore wells in more than a dozen states from 2005 to 2009, Congressional investigators have charged.

As crude oil prices continue to rise, diesel price reform becomes even more essential. At stake is the longterm sustainable development of India. While the case for deregulation appears strong, diesel price control imposes many costs on our country.

The current diesel subsidy of about Rs 7 per litre costs state-run oil companies over Rs 125 crore a day.

Even as the government has ruled out any increase in diesel prices in the near future, it is hoping for a moderation in global crude oil prices.

It's time the petroleum ministry faced the challenges of oil pricing reforms, instead of hiding behind the oil firms
A K Bhattacharya / New Delhi January 18, 2011, 0:14 IST

A quick estimate suggests that international crude oil prices for Indian refineries (or what oil industry experts refer to as the Indian crude oil basket) have gone up 22 per cent since the government decontrolled petrol pr

Raising its pitch against the United Progressive Alliance (UPA) government for the price rise and the latest round of petrol price hike, the Bharatiya Janata Party on Sunday demanded concrete action within a month on the price front and a rollback of the petrol price increase.

Targeting the economist in Prime Minister Manmohan Singh, BJP spokesman Prakash Javadekar termed the food and petrol pr

THE government has indefinitely deferred a hike in diesel rates despite soaring crude oil prices to prevent a further increase in prices, particularly of food items, Petroleum Minister Murli Deora said.

Oil marketing companies are demanding higher prices because crude oil has been trading at about $90 a barrel for a month, even as state-set diesel rates have not been changed since June.

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