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Relief seen from easing global crude oil prices, phased diesel decontrol and capping of LPG cylinders O il marketing companies (OMCs) may have some reason to cheer in 2013-14. The revenue loss on sale of diesel, kerosene and liquefied petroleum gas (
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Rating In Summary Players in the sector, however, said that the 2011 prices were unsustainable and a correction had to occur, causing disappointment among farmers who began to turn away from the crop. The price of Kenyan coffee has declined for the
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F inance Minister P Chidambaram might be able to offer higher food subsidy in the Budget for 2013-14, as the government will be able to cut fertiliser subsidy, thanks to falling international prices of key soil nutrients. According to officials in
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Abdel Aziz Aluwaisheg Sunday 11 November 2012 Last Update 11 November 2012 2:17 am ON Thursday (Nov. 8), the United Nations Food and Agriculture Organization (FAO) released an important report on food prices worldwide. It registered a 1 percent price
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There is no proposal to reduce the subsidy on fertilizers, said Minister of State for Chemicals and Fertilisers Srikant Kumar Jena on Friday. In a written reply in the Rajya Sabha, Jena said: "As regards increase in the retail price of Urea,
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The fuel contributed close to 60 per cent of under-recoveries At present, oil marketing companies (OMCs) are incurring record high losses of Rs.12.5 per litre on diesel, Rs.30.5 per litre on kerosene, and Rs.396 per LPG cylinder. This is largely on
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Most economists expect the international price of carbon to be hovering below $A15 when the carbon tax switches to a floating price emissions trading scheme (ETS) in 2015. But in its budget papers, Treasury has stuck to its original assumption that
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Domestic steel prices are currently depressed by about $50 a tonne against international prices and may continue to stay so for the next several months, thanks to the country turning a net exporter of the metal in December. Rising domestic capacity
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Coal India Ltd would have to significantly bring down prices of coal belonging to the erstwhile C , D and the better quality E grade of coal after the government asked it to relook at its new Gross Calorific Value, or GCV-based pricing mechanism. Ltd
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A fortnight after giving consumers relief for the first time in almost three years, India's fuel retailers again cut petrol prices Wednesday -- by 65 paise a litre, excluding state taxes and levies -- bringing further succour to vehicle owners.
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