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SEP 15 2012

No choice than to hike diesel prices: SBI Chairman

  • Business Line, PTI / Jamshedpur, 15 September 2012
  • Created:Sat 15th SEP 2012

Not hiking diesel prices could have led to suppressed inflation, State Bank of India Chairman Pratip Chaudhuri said here today. Diesel prices were raised by Rs 5 a litre last ...

SEP 15 2012

Diesel price hike unpleasant but unavoidable, says Congress

  • Economic Times, ET Bureau / New Delhi, Chennai, 15 September 2012
  • Created:Sat 15th SEP 2012

Even as the allies spelt trouble for Congress with their stiff opposition to diesel price hike, the party on Friday said the opposition was nothing unusual and the government was confident ...

SEP 15 2012

Diesel hike to change perception of rating agencies: Montek

  • Business Line, PTI / New Delhi, 15 September 2012
  • Created:Sat 15th SEP 2012

Government’s decision to hike diesel price will change the perception of the global rating agencies which had threatened to downgrade India’s sovereign rating, said ...

SEP 15 2012

Crude oil prices rise in Asia on Fed stimulus

  • Business Line, PTI / Singapore, 15 September 2012
  • Created:Sat 15th SEP 2012

Oil prices rallied in Asia today as traders celebrated a fresh round of quantitative easing announced by the US Federal Reserve, analysts said.New York’s main ...

SEP 15 2012

Crude futures jump to Rs 5,427 per barrel

  • Business Line, PTI / New Delhi, 15 September 2012
  • Created:Sat 15th SEP 2012

Crude oil prices rose Rs 53 to Rs 5,427 per barrel at the futures market today as speculators created fresh positions taking positive cues from overseas markets.At the ...

SEP 15 2012

Cap on LPG cylinders: Household budgets may go for a toss

  • Business Line, Richa Mishra / New Delhi, 15 September 2012
  • Created:Sat 15th SEP 2012

Industry sources said the cap on the number of cylinders is not based on the past consumption pattern of the consumer.The cap on the number of subsidised domestic LPG ...

SEP 15 2012

Oil cos to monitor on use of subsidised cylinders

  • Business Line, PTI / Chandigarh, 15 September 2012
  • Created:Sat 15th SEP 2012

Gas companies will be able to easily check the number of subsidised cylinders a household has availed due to ready data available to restrict use of such cylinders to six a year, as per the ...

SEP 14 2012

12th Plan to consider incentives for alternate power generation

  • Economic Times, PTI / New Delhi, 14 September 2012
  • Created:Fri 14th SEP 2012

Generation-based incentives and depreciation allowance to encourage production of power from new and renewable sources will be on top of the 12th Plan agenda.An indication ...

SEP 14 2012

Anti-nuke protesters in Kudankulam take to sea

  • Business Line, PTI / Kudankulam(TN), 14 September 2012
  • Created:Fri 14th SEP 2012

Stepping up their protest against the atomic power plant here, anti-nuclear activists today stood in sea waters forming a human chain off nearby Indinthakarai coast.Taking ...

SEP 14 2012

SC refuses to stay fuel loading at Kundakulam plant

  • Business Line, PTI / New Delhi, 14 September 2012
  • Created:Fri 14th SEP 2012

The Supreme Court today refused to stay loading of fuel for nuclear power plant at Kudankulam but agreed to examine the risk associated to the project, saying safety of people living in its ...

SEP 14 2012

KSK comes under renewed scrutiny

  • Mint, Maulik Pathak, Utpal Bhaskar, Ruchira Singh / Ahmedabad, New Delhi, 14 September 2012
  • Created:Fri 14th SEP 2012

Allotment of mines to firms with ties to the Hyderabad-based power producer also being examinedHyderabad-based power producer and project developer KSK ...

SEP 14 2012

Hochtief scouts for hydropower projects in India

  • Economic Times, Rachita Prasad, ET Bureau / Mumbai, 14 September 2012
  • Created:Fri 14th SEP 2012

Germany's biggest construction company Hochtief is looking to acquire stakes in hydropower projects in India to expand its portfolio in the country and drive its order book, especially ...

SEP 14 2012

Give de-allocated mines to 12th Plan projects: Power Ministry

  • Business Line, Siddhartha P. Saikia / New Delhi, 14 September 2012
  • Created:Fri 14th SEP 2012

Will petition Coal Ministry The Power Ministry proposes to ask the Coal Ministry to de-allocate the captive coal blocks from projects that have not ...

SEP 14 2012

Three companies set to lose their coal blocks

  • Business Standard, BS Reporter / New Delhi, 14 September 2012
  • Created:Fri 14th SEP 2012

Govt deallocates four blocks, more cancellations likely todaySending a strong message that miners would not be allowed to sit on the countrys precious ...

SEP 14 2012

Odisha questions Centre on coal blocks to outside companies

  • Business Line, Press Trust of India / Bhubaneswar, 14 September 2012
  • Created:Fri 14th SEP 2012

Targeted by the Centre on coalgate issue, Odisha Chief Minister Naveen Patnaik on Thursday questioned the allocation of coal blocks to certain companies which do not have any stake in the ...

SEP 14 2012

EGoM's April call on Sasan overruled bureaucrats

  • Business Standard, Sudheer Pal Singh / New Delhi, 14 September 2012
  • Created:Fri 14th SEP 2012

Coal & power secretaries were uneasy at R-Power being allowed to divert captive coal to other projects, but panel went by A-G?s okayThis Aprils ...

SEP 14 2012

NBFCs helped firms corner blocks for a fee

  • Mint, Joel Rebello, Aveek Datta, Utpal Bhaskar / Mumbai, New Delhi, 14 September 2012
  • Created:Fri 14th SEP 2012

Some NBFCs loaned their net worth to applicants for augmenting their own, and later exited the consortiumOne of the mysteries of the unravelling coal ...

SEP 14 2012

IMG was authorised to recommend cancellations

  • Business Standard, Jyoti Mukul / New Delhi, 14 September 2012
  • Created:Fri 14th SEP 2012

The governments decision to deallocate four coal blocks today followed intense deliberation. The run-up to the marathon meetings of an inter-ministerial group (IMG) headed by Zohra ...

SEP 14 2012

Coal fire singes Jaiswal

  • Business Standard, BS Reporter / New Delhi, 14 September 2012
  • Created:Fri 14th SEP 2012

The latest revelation that the Jayaswal family, named in the First Information Report (FIR) of the Central Bureau of Investigation (CBI) in the coal block allocation controversy, had wanted ...

SEP 14 2012

Santosh Tiwari: Mining and undermining

  • Business Standard, Santosh Tiwari / New Delhi, 14 September 2012
  • Created:Fri 14th SEP 2012

Discretionary allocations of coal blocks are not the exclusive preserve of the United Progressive AllianceWhy did a noisy opposition prevent a detailed ...