HC asked it to pay Rs 10,000 cr in past royalty dues ONGC
Oil and Natural Gas Corp (ONGC) today said it would appeal in the Supreme Court against a Gujarat High Court order asking it to pay Rs 10,000 crore in past royalty dues, saying it cannot pay the levy on revenue it hasn't earned.
Suggests immediate raise by Rs 4 to 5 a litre for the fuel; report likely to be submitted on Wednesday
Diesel prices should be immediately raised by Rs 4-5 a litre, the Kirit Parikh Committee has recommended, while favouring continuation of the existing pricing principles for controlled petroleum products.
The country needs a financial model that can give the poor access to expensive power
We were standing in the only street of a small village called Mohda. Located in the forested region of Chhattisgarh, the village had no access to roads and markets. The women of the village surrounded me.
This report of expert group set up by the Ministry of Petroleum & Natural Gas on 12th June 2013 has studied the current pricing mechanism for regulated petroleum products, explored various other alternatives for pricing including Export Parity Price (EPP) and made recommendations for a suitable pricing mechanism.
