Gold is trading in 'buy on dips' environment
India must rebalance its energy expectations away from coal
Nickel took support around 900 and then bounced back till 932
Silver on the hourly chart is trading in a symmetrical triangle pattern with a breakout above 43,300 and breakdown below 42,200
The Rupee is finding resistance around 77.06 and upside momentum will continue above that level
The rally is under threat only when gold breaks 44,500
Natural gas gets converted into CNG on compression and is also supplied for lighting cooking stoves through pipes.
The price of gas produced from difficult fields such as deepsea too has been cut to $5.61 from $8.43 per mmBtu now.
Under the deal, India is to get a share in natural gas from the proposed Driftwood project in Louisiana
This will be the second reduction in six months and will reduce rates to the lowest in two-and-half-years
Sources said to resolve the conflict arising out of the same entity owning the two jobs, bifurcating GAIL is being considered
If brought under GST, natural gas will attract a uniform rate of tax at the consumption point anywhere in the country after doing away with current rates of excise duty and VAT
The Union Environment Ministry has given green clearance to ONGC, the country's largest oil and gas exploration and production company, after taking into account the recommendations of a green panel
Expect rupee to trade in a range of 71.60-72.40 in the near term
Extracting and transporting natural gas notably results in significant emissions of methane, a greenhouse gas 30 times more potent than CO2.
India is expanding oil refining capacity to produce more fuel and petrochemicals as also investing in pipelines and terminals to increase the share of natural gas in the energy mix.
A panel led by the Niti Aayog vice chairman has also suggested free-market pricing for natural gas produced from all fields to boost domestic output
Gross domestic product grew by more than a six-year low of 5 per cent in the first quarter
Though the government is mulling options to create a gas hub, doing so demands higher volume and maturity in the domestic market
The deal will be the largest foreign direct investment in India's city gas distribution