Centre moves on 9% hike in basic pay of its PSU staff, gets EC’s clearance

Friday 27 March '09

More than 3 lakh employees of Central public sector enterprises will have something to cheer about before the elections...

Outsourcing IPL will cause tax losses to govt

Friday 27 March '09

Not just the hoopla, India stands to lose tax moolah as well with the Indian Premier League shifting to South Africa.

Poll panel puts off ministers’ meet on gas allocation

Wednesday 25 March '09

The Election Commission (EC) has put on hold a meeting of the Empowered Group of Ministers on Natural Gas after SP leader Amar Singh alleged that the EGoM.....

Govt may make it difficult to buy, ride, park and sell vehicles in Delhi

Thursday 19 March '09

Taking a cue from Hoda panel’s recommendation of weaning people off ‘personalised motoring’, the Ministry of Urban Development has proposed...

Deora proposed Rs 2-cut in diesel, Pranab’s objection puts it on hold

Friday 27 February '09

With the Election Commission’s notification of mid-April elections imminent — could be as early as Saturday — the UPA moved on a proposal to cut diesel price by Rs 2, even fixed an emergency....

MPs target Deora for action on staff

Friday 27 February '09

While the Petroleum Ministry works on a law to ban strikes by oil sector employees, MPs associated with it have chided Petroleum Minister Murli Deora....

Customs, service tax cuts on way

Tuesday 24 February '09

Acting FM Pranab Mukherjee is considering cutting Customs and excise duties to provide the third impetus for economic recovery.

New coastal security net will hurt fishermen: Pawar

Monday 23 February '09

Agriculture Minister Sharad Pawar has criticised the new security measures being imposed on fishermen under the coastal security blueprint saying that “stricter regulations”.....

Iran rethinks gas supply security for India

Monday 16 February '09

Stepping down from its earlier stand that it would “seek to establish a trilateral mechanism to reaching an agreement...

Rs 80,000-crore stimulus in the works: Two crore houses for the urban poor

Sunday 15 February '09

In its last few weeks, the UPA Government is working overtime to clear what it hopes will help kickstart the sputtering economy...

No PAN for savings a/c, insurance premium below a lakh

Tuesday 10 February '09

Former FM P Chidambaram has also decided that PAN will be mandatory for opening a current account and not a savings account.

Failed test and rocketing costs: Army says no to Brahmos missile

Sunday 1 February '09

The recent failure of the 290-km-range Brahmos missile to hit a pre-defined target and the high over-run in its production cost....

FinMin scuppers RIL’s retail plan

Saturday 31 January '09

Reliance Industries’ plan to resume auto fuel retail has been frustrated with the finance ministry, on direction from the PMO...

Before code, cuts are in: petrol Rs 5, diesel Rs 2, LPG Rs 25

Thursday 29 January '09

The UPA government today cut prices of petrol by Rs 5 a litre, diesel by Rs 2 a litre and cooking gas LPG by Rs 25 a cylinder....

Petrol to go cheaper by Rs 5 from Wednesday

Wednesday 28 January '09

Petroleum Minister Murli Deora squeezed in a proposal before the Cabinet for a cut in petrol prices by Rs 5 a litre, diesel by Rs 2 a litre and cooking gas LPG by Rs 25 a cylinder with effect from Wednesday night.

Focus on terror, Chidambaram rejigs Home

Friday 23 January '09

Keeping fight against terrorism as his focal point, P Chidambaram on Thursday re-jigged his Home Ministry, bifurcating the vital Internal Security and Police divisions....

Duty waiver covers all LNG imports, assures powermin

Thursday 22 January '09

The Power Ministry has reiterated that the proposed waiver of customs duty on LNG would cover all imports...

Ashok Chakra for only two: Karkare and Omble

Wednesday 21 January '09

The UPA government has decided to restrict Ashok Chakra for those who died in Mumbai terror attacks to ATS chief Hemant Karkare and ASI Tukaram Omble.

RIL trashes govt move to appoint GAIL as D6 marketer

Saturday 17 January '09

Reliance Industries Ltd has trashed a government move to appoint state-run GAIL...

Eye on polls, Cong gets fuel price cut delayed

Friday 16 January '09

Hoping to gain political mileage from the proposed cut in prices of cooking gas LPG, petrol and diesel, the UPA government is learnt to have opted to defer the reductions for a later date, little before it suggests the dates for general elections...

Austerity? Rs 65,000 a month on taxi rental, hotel bills, airline tickets... ask ONGC

Monday 12 January '09

Former ONGC chairman Subir Raha had once complained that the Petroleum Ministry was treating the public sector undertaking as its “fiefdom”...

Government acts tough, forces blackmailers to blink on Day 3

Saturday 10 January '09

Striking officers of the Oil Sector Officers Association blinked on the third day of their indefinite stir after the Cabinet ordered arrests.

Pumps going dry, panic sets in on Day 2 of oil blackmail

Friday 9 January '09

The second day of the indefinite strike by officers of oil PSUs began affecting normal life in the metros on Thursday...

Oil strike, Day 1: No one blinks, refineries crippled

Thursday 8 January '09

Officers of government-owned oil and gas companies went on an indefinite strike in defiance of court orders...

Oil sector staff too goes on strike, refineries shut down

Wednesday 7 January '09

Four major refineries were put on the shutdown mode late Tuesday after the petroleum ministry failed to dissuade the Oil Sector Officers Association...