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US-based consortium head likely for Turkmen-India gas pipeline

Four partner-countries also keen on registering Tapi in New Jersey

OIDB could be turned into financial institution

Petroleum ministry seeks a share in crude oil cess from FinMin to fund the development board

MoEF nod to put projects above Rs 500 cr under PM's purview

Proposal was initiated by the PMO, citing delay in clearances of projects

Govt panel to review LPG subsidy pipeline

The 12-member panel will look at the difficulties consumers faced in receiving the subsidy after buying gas cylinders at market rates

Escrow account to save BP & Niko in KG-D6

Together, they have 40% share in gas output from the field

GM crops: Approval likely soon for field trials

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

Gas price set to be doubled from April 1

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

Green regulator hits poll hurdle

After wanting to quit, BP wants full access to K-G

This is the only block in India where BP is the lead operator; Mukesh Ambani's Reliance Industries is the other major partner

RIL gas buyers face uncertain supply

BP, Niko may not get higher price for KG-D6 gas as govt splits hair on bank guarantee

Centre may raise age of retirement by 2 years to 62

General elections' dates may be notified on March 5

Fertiliser ministry keen on PSU joint venture for acquisitions abroad

Venture would be formalised in such a way that the paid up capital of IOICL would be fixed at Rs 10 cr

City distributors likely to get priority over power firms

Fertiliser will have first right, followed by LPG and CGD, to natural gas produced from blocks awarded under NELP regime

Oil and gas auction might be put on hold

Higher allocation to city gas entities to hurt some majors

The govt had decided to raise allocation from domestic fields to city gas entities early this month, from 5.7 mn standard cubic metres a day (mscmd) to 6.4 mscmd

Railway locomotives to be on LNG track by 2016

Indian Railways likely to float an international tender in two months

Haunting ground

If you are the sort that loves eerie experiences, you couldn't do better than to travel to Begun Kodar in West Bengal. Here, says author, a mysterious woman in a white saree walks along the tracks of

ONGC to raise $2.5 bn through offshore borrowings

The company had initially planned to raise $1 billion through this long-term facility

Railways expects to surpass Budget target on loading

Railways minister has scaled up loading target to 1,052 mn tonne from Budget target of 1,047 mn tonne

Past subsidies rollover to hit fiscal adjustment

For 2014-15, the bill on this account is likely to be 12.8% more than in 2013-14