-The Hindu Says the whole country is waiting for a statement from Manmohan on the issue Terming the ouster of Jaipal Reddy from the Petroleum Ministry unfortunate and anguishing, Communist Party of India (CPI) Member of Parliament Gurudas Dasgupta on Thursday asked Prime Minister Manmohan Singh to serve a fresh notice on the Mukesh Ambani-owned Reliance Industries Limited (RIL) and restrict the cost recovery for 2012-13 by $1.72 billion for the shortfall...
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LPG price hike, rollback within hours
-The Times of India Within hours of raising cooking gas prices, the government late on Thursday asked oil marketing companies to put on hold the Rs 26.50 hike, calling into question the seriousness of the deregulation plan and casting a doubt over the UPA's commitment to fiscal reforms. The U-turn came after a volley of protests by the opposition and days before Himachal Pradesh goes to polls, with Gujarat elections to follow....
More »Manmohan set to end reliance on Jaipal for oil and gas -Sujay Mehdudia
-The Hindu Minister has been resisting Mukesh Ambani on gas prices, audit S. Jaipal Reddy — the minister who took on Mukesh Ambani in a regulatory battle on gas prices that saved the exchequer thousands of crores of rupees — is set to be divested of the crucial Petroleum and Natural Gas portfolio, The Hindu has learnt. Mr. Reddy, who took over from Murli Deora in January 2011, resisted and then rolled back...
More »By July, cash transfers for cooking gas -Siddharth
-The Times of India Come July and you will have cash equivalent to your cooking gas subsidy in your bank account, marking the biggest shift in delivery of handouts which could help government curb leakages and reduce the strain on public finances. The switch is part of the ambitious three-phase deadline set by Prime Minister Manmohan Singh to make the "kind-to-cash" transition based on the Aadhaar numbers. At a meeting chaired by Pulok...
More »Fake kitchens and 'breakups' in family for extra cylinders -Neeraj Santoshi
-The Hindustan Times Bhopal: "Suddenly it seems families are breaking up. Every brother is either living separately or is going to start living separately now on," said an LPG dealer -- flooded with requests for new LPG connections every day post the recent subsidy cap on cylinders. Apprehensive and confused domestic gas consumers are frequenting their LPG dealers, asking about new connections and what they should do in case they have...
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