Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Government to consider gas price hike tomorrow    </title>
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-PTI



NEW DELHI: The Cabinet will on Thursday decide on raising natural gas prices for the first time in three years even as the move faces stiff resistance as it would result in rise in electricity tariff and fertiliser cost.


The oil..."/>
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-PTI



NEW DELHI: The Cabinet will on Thursday decide on raising natural gas prices for the first time in three years even as the move faces stiff resistance as it would result in rise in electricity tariff and fertiliser cost.


The oil..." />
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                            <div align="justify">-PTI</div><p align="justify"><br />NEW DELHI: The Cabinet will on Thursday decide on raising natural gas prices for the first time in three years even as the move faces stiff resistance as it would result in rise in electricity tariff and fertiliser cost.</p><p align="justify">The oil ministry's proposal to price all domestically produced natural gas as per a complex international hub and imported LNG-based formula suggested by the Rangarajan panel is listed as item number 8 on the agenda of Cabinet Committee on Economic Affairs (CCEA) meeting scheduled for tomorrow.</p><p align="justify">It wants gas prices to be revised every quarter till 2017 when rates will be completely freed, sources said. </p><p align="justify">If approved, gas price will rise to $6.775 per million British thermal unit from $4.2 currently. The rates will jump to $8.55 in April 2014 when Reliance Industries is entitled for revision in price for its eastern offshore KG-D6 gas.</p><p align="justify">Sources said power and fertiliser ministries have strongly opposed the move as it would result in cost of electricity generation rising to unviable levels and steep jump in urea subsidy.</p><p align="justify">Also, Left parties have alleged that oil minister M Veerappa Moily is trying to help RIL by proposing a price hike.</p><p align="justify">The CCEA, some government insiders say, may not accept the oil ministry's proposal of revising prices every three months based on quarterly average of international hub and imported gas (LNG) price.</p><p align="justify">It may approve a 'moderate' revision but put a cap or ceiling of no more than $7 per mmBtu as it would be not advisable to have a fuel cost with cascading impact on the economy, change every quarter and that too based on international volatility.</p><p align="justify">Sources said there was also a possibility of the issue being referred to a ministerial panel for wider consultation. </p>                                                           
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    <br><a href="http://timesofindia.indiatimes.com/business/india-business/Government-to-consider-gas-price-hike-tomorrow/articleshow/20780093.cms" class="re" target="_blank">The Times of India, 26 June, 2013, http://timesofindia.indiatimes.com/business/india-business/Government-to-consider-gas-price-hike-tomorrow/articleshow/20780093.cms</a><div class="clear"></div>
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NEW DELHI: The Cabinet will on Thursday decide on raising natural gas prices for the first time in three years even as the move faces stiff resistance as it would result in rise in electricity tariff and fertiliser cost.


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                            <div align="justify">-PTI</div><p align="justify"><br />NEW DELHI: The Cabinet will on Thursday decide on raising natural gas prices for the first time in three years even as the move faces stiff resistance as it would result in rise in electricity tariff and fertiliser cost.</p><p align="justify">The oil ministry's proposal to price all domestically produced natural gas as per a complex international hub and imported LNG-based formula suggested by the Rangarajan panel is listed as item number 8 on the agenda of Cabinet Committee on Economic Affairs (CCEA) meeting scheduled for tomorrow.</p><p align="justify">It wants gas prices to be revised every quarter till 2017 when rates will be completely freed, sources said. </p><p align="justify">If approved, gas price will rise to $6.775 per million British thermal unit from $4.2 currently. The rates will jump to $8.55 in April 2014 when Reliance Industries is entitled for revision in price for its eastern offshore KG-D6 gas.</p><p align="justify">Sources said power and fertiliser ministries have strongly opposed the move as it would result in cost of electricity generation rising to unviable levels and steep jump in urea subsidy.</p><p align="justify">Also, Left parties have alleged that oil minister M Veerappa Moily is trying to help RIL by proposing a price hike.</p><p align="justify">The CCEA, some government insiders say, may not accept the oil ministry's proposal of revising prices every three months based on quarterly average of international hub and imported gas (LNG) price.</p><p align="justify">It may approve a 'moderate' revision but put a cap or ceiling of no more than $7 per mmBtu as it would be not advisable to have a fuel cost with cascading impact on the economy, change every quarter and that too based on international volatility.</p><p align="justify">Sources said there was also a possibility of the issue being referred to a ministerial panel for wider consultation. </p>                                                           
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    <br><a href="http://timesofindia.indiatimes.com/business/india-business/Government-to-consider-gas-price-hike-tomorrow/articleshow/20780093.cms" class="re" target="_blank">The Times of India, 26 June, 2013, http://timesofindia.indiatimes.com/business/india-business/Government-to-consider-gas-price-hike-tomorrow/articleshow/20780093.cms</a><div class="clear"></div>
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                            <div align="justify">-PTI</div><p align="justify"><br />NEW DELHI: The Cabinet will on Thursday decide on raising natural gas prices for the first time in three years even as the move faces stiff resistance as it would result in rise in electricity tariff and fertiliser cost.</p><p align="justify">The oil ministry's proposal to price all domestically produced natural gas as per a complex international hub and imported LNG-based formula suggested by the Rangarajan panel is listed as item number 8 on the agenda of Cabinet Committee on Economic Affairs (CCEA) meeting scheduled for tomorrow.</p><p align="justify">It wants gas prices to be revised every quarter till 2017 when rates will be completely freed, sources said. </p><p align="justify">If approved, gas price will rise to $6.775 per million British thermal unit from $4.2 currently. The rates will jump to $8.55 in April 2014 when Reliance Industries is entitled for revision in price for its eastern offshore KG-D6 gas.</p><p align="justify">Sources said power and fertiliser ministries have strongly opposed the move as it would result in cost of electricity generation rising to unviable levels and steep jump in urea subsidy.</p><p align="justify">Also, Left parties have alleged that oil minister M Veerappa Moily is trying to help RIL by proposing a price hike.</p><p align="justify">The CCEA, some government insiders say, may not accept the oil ministry's proposal of revising prices every three months based on quarterly average of international hub and imported gas (LNG) price.</p><p align="justify">It may approve a 'moderate' revision but put a cap or ceiling of no more than $7 per mmBtu as it would be not advisable to have a fuel cost with cascading impact on the economy, change every quarter and that too based on international volatility.</p><p align="justify">Sources said there was also a possibility of the issue being referred to a ministerial panel for wider consultation. </p>                                                           
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    <br><a href="http://timesofindia.indiatimes.com/business/india-business/Government-to-consider-gas-price-hike-tomorrow/articleshow/20780093.cms" class="re" target="_blank">The Times of India, 26 June, 2013, http://timesofindia.indiatimes.com/business/india-business/Government-to-consider-gas-price-hike-tomorrow/articleshow/20780093.cms</a><div class="clear"></div>
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Home हिन्दी

Government to consider gas price hike tomorrow

Published on Jun 26, 2013   Modified on Jun 26, 2013

-PTI NEW DELHI: The Cabinet will on Thursday decide on raising natural gas prices for the first time in three years even as the move faces stiff resistance as it would result in rise in electricity tariff and fertiliser cost. The oil ministry's proposal to price all domestically produced natural gas as per a complex international hub and imported LNG-based formula suggested by the Rangarajan panel is listed as item number 8 on the agenda of Cabinet Committee on Economic Affairs (CCEA) meeting scheduled for tomorrow. It wants gas prices to be revised every quarter till 2017 when rates will be completely freed, sources said. If approved, gas price will rise to $6.775 per million British thermal unit from $4.2 currently. The rates will jump to $8.55 in April 2014 when Reliance Industries is entitled for revision in price for its eastern offshore KG-D6 gas. Sources said power and fertiliser ministries have strongly opposed the move as it would result in cost of electricity generation rising to unviable levels and steep jump in urea subsidy. Also, Left parties have alleged that oil minister M Veerappa Moily is trying to help RIL by proposing a price hike. The CCEA, some government insiders say, may not accept the oil ministry's proposal of revising prices every three months based on quarterly average of international hub and imported gas (LNG) price. It may approve a 'moderate' revision but put a cap or ceiling of no more than $7 per mmBtu as it would be not advisable to have a fuel cost with cascading impact on the economy, change every quarter and that too based on international volatility. Sources said there was also a possibility of the issue being referred to a ministerial panel for wider consultation.

The Times of India, 26 June, 2013, http://timesofindia.indiatimes.com/business/india-business/Government-to-consider-gas-price-hike-tomorrow/articleshow/20780093.cms

Tagged with: Inflation

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• Why an El Nino in 2023 is Bad News for India - Deekshita Baruah
• Commodity prices have brought inflation to its lowest in months in India - Mimansa Verma
• Milk Prices to Remain Firm this Summer, RBI Governor - Economic Times

 

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