Rakesh Kumar
Export levy up on transport fuel to increase domestic supply
The cess for petrol and ATF is Rs 6 per litre, while it is Rs 13 for diesel. In addition, a cess of Rs 23,250 per tonne has been imposed on crude produced domestically.
1 hour ago
India raises excise duty on fuel to curtail export by private fuel retailers
The decision seems to have been taken after private fuel retailers like Jio-BP and Nayara Energy reportedly exported oil to other countries, after acquiring cheap crude from Russia.
21 hours ago
Government deregulates domestic crude oil market
The government on Wednesday deregulated the sale of domestically-produced crude oil, giving companies autonomy to sell their produce to whomever they want.
30 Jun 2022
Mukesh Ambani steps down as director of Reliance Jio, son Akash Ambani takes over as chairman
The $217 billion company in a statement said its board approved on June 27, 2022, the appointment of Akash Ambani as Chairman of the Board.
29 Jun 2022
Government likely to mop up Rs 70,000 crore from 5G auction scheduled on July 26
Even analysts are of the view that telecom service providers - Reliance Jio, Bharti Airtel and Vodafone Idea - are expected to buy spectrum worth Rs 71,000 crore in the upcoming auction.
24 Jun 2022
Relief for telecos as government cuts three per cent floor rate on spectrum usage ahead of 5G auction
The move of the government is going to benefit telcos as it would reduce their future outflows towards these statutory fees.
23 Jun 2022
5G auctions begin on July 26; private networks get level-playing field
The Cabinet ignored the demand of telecom operators to reduce the base price of spectrum and not allow private enterprises to have their own 5G network.
16 Jun 2022
5G auction to increase telcos’ debt: Analysts
ICRA predicts participation in the auction to be about Rs 1.0-1.1L cr, in which upfront payment is likely to be Rs 10K cr
16 Jun 2022
CIL floats tender to import 2.41 million tonnes of coal
Govt had nominated CIL as centralised agency to augment coal supplies to state gencos and IPPs through import
10 Jun 2022
In a first, Coal India issues tender to import over 2 million tonnes of coal
As the coal shortage continues to impact the thermal power plants, the power ministry asked the state gencos to import coal for blending purposes.
09 Jun 2022
CIL has not raised output to required level: RK Singh
India’s largest coal producer Coal India (CIL) has not increased their production to the extent that was required, said power minister R K Singh on Tuesday.
08 Jun 2022
Oil imports from Russia likely to go up by 20 per cent in June
Imports of Russian crude by India are likely to grow by 20% month-on-month to 1.05 million barrels per day (bpd) in June, as per the data compiled by commodity analysts Kpler.
04 Jun 2022
Petroleum subsidy drops 91 per cent in FY22
Government introduced LPG subsidy with direct benefit transfer (DBTL) or PAHAL scheme on June 1, 2013
01 Jun 2022
Govt plans scheme on discoms dues
Power ministry claims the scheme will save Rs 19,833 cr on account of late payment surcharge
26 May 2022
Power plants compelled to buy coal at high prices: CCAI
They are now resorted to drawing expensive power from the exchange while nearly idling their captive plants, consequently increasing electricity demand and tariffs further.
25 May 2022
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