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Nothing in the tank

-The Business Standard Govt pushes biofuels again, despite bitter experience The nearly decade-old programme to promote ethanol-blended petrol has failed to make much headway despite continued attempts by the government to get it going. The latest such attempt was last week, when the Cabinet Committee on Economic Affairs (CCEA) made the very poor decision to force oil marketing companies to mix five per cent ethanol with petrol throughout the country from...

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5% Ethanol To Be Mixed in Petrol From December

-Outlook Mandatory mixing of five per cent ethanol in petrol will be implemented across the country from next month, Cabinet Committee on Economic Affairs decided today, a step which will help the country save around 100 crore litres of fuel every year. In 2009, the CCEA had decided to mix five per cent ethanol in petrol but it could not be implemented due to opposition by some sections in the chemical and...

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Hint of LPG cap review

-The Telegraph An outcry against the LPG policy at the day-long Surajkund Congress conclave today forced Veerappa Moily to assure the party of some relaxation on the cap of six subsidised cylinders. As most speakers disagreed with the cap and stressed that it could impact the party’s poll fortunes, the petroleum minister said: “We are already examining the matter. I will consult the Prime Minister and the finance minister and see how...

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Sebi asked for details on RIL-RPL deal in insider trading case-Anirudh Laskar, Aman Malik and Khushboo Narayan

-Live Mint Information commission asks Sebi to disclose details of consent order proceedings, identities of entities involved  Mumbai/New Delhi: The Central Information Commission (CIC) has directed India’s stock market regulator to disclose all details related to the insider trading case involving Reliance Petroleum Ltd (RPL) in 2007, in a move that could have a bearing on not just the functioning of the Securities and Exchange Board of India (Sebi), but also the...

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All that gas

-The Hindu The comprehensive clean-up that the public sector oil marketing companies recently initiated in the liquefied petroleum gas distribution system is a commendable if long overdue effort to check what had evidently become a free-for-all game. Groaning under the “subsidy burden” in a market sector where consumption levels of the convenience fuel had skyrocketed over the decades, the companies first moved collectively to computerise data with regard to LPG consumers...

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