)
Shine Jacob is a senior journalist, with experience of over 15 years across print and electronic media. He has covered a wide range of sectors, including energy, infrastructure, logistics, and the automobile industry. He has previously worked with the Times of India, Moneycontrol, Livemint, Cogencis, in addition to regional Malayalam media. Currently based in Chennai, he has also worked as a business journalist in Kolkata and New Delhi.
Shine Jacob is a senior journalist, with experience of over 15 years across print and electronic media. He has covered a wide range of sectors, including energy, infrastructure, logistics, and the automobile industry. He has previously worked with the Times of India, Moneycontrol, Livemint, Cogencis, in addition to regional Malayalam media. Currently based in Chennai, he has also worked as a business journalist in Kolkata and New Delhi.
The phased increase of prices is being done to sell the fuel at international prices
Says methodology used for valuation does not reflect arm's-length price
This is despite having an approved salary of Rs 38.75 crore, giving up nearly Rs 24 crore a year
After the success of high-speed Gatiman and Talgo, the Railways will launch Humsafar later this month
Increase in kerosene prices is likely to save Rs 2,000 cr for the govt in subsidy during the current financial year, while the savings on LPG subsidy may be just about Rs 25 cr
On its third trial run on Tuesday, the train from New Delhi reached Mumbai Central at 11:40 am against the expected time of 8:31 am
If the govt accepts a 2013 report on the Krishna-Godavari basin case, it could hit the company
According to ministry estimates, per dollar increase in diesel prices would add Rs 3,300 crore to under recovery figures
pact also provides an option to the companies for technological association
May propose pipeline via China when Putin visits this year
HPCL might sign a fresh MoU with state govt to revive its Rs 37,230-cr refinery-cum-petrochemical complex plan in Barmer
Pacts to be made more investor-friendly
Cess to form part of plan to mop up Rs 64,000 cr for upgrading refineries to next level of fuel emission norms
Subsidy bill worries drag down oil stock
Govt mulls gradual increase in prices of domestic cooking gas, urea
Cabinet may tweak Rangarajan formula; new price may be further delayed
According to officials, the ministry is looking at setting up a petroleum university in Telangana
Ministry may seek to retain control even after underrecovery becomes zero
Non-subsidised cooking gas to cost Rs 23.50 less
This comes after former PM Manmohan Singh did not clear appointment of B Ashok even after vigilance clearance