Non-urea fertilizer prices were freed in April 2010, but GSFCL, DFPCL, RCF still got gas at regulated prices The fertilizer ministry is considering asking three non-urea fertilizer makers to return part of the gains they have made since April 2010 on account of gas supplied to them at regulated prices while they were allowed to sell their products at market prices. Rashtriya Chemicals and Fertilizers Ltd (RCF), Gujarat State Fertilizers and Chemicals...

Is the majority of India veg or non-veg? Well, contrary to impression, the land of Gandhi and Buddha is predominantly non-veg. It may well have been majority vegetarian country at some point of time but the new trend is that more and more people are taking to non-vegetarian diets. A new policy paper, “Veg or Non-Veg? India at the Crossroads,” published by Brighter Green, a New York-based public policy action...

Singapore spot market, not production costs, driving Indian petrol price Have you ever wondered why when petrol prices go up or down they do so uniformly across the retail outlets of the three oil marketing companies — Indian Oil, Hindustan Petroleum and Bharat Petroleum? If they are three different companies with their own refineries and distribution systems, then surely their costs and selling prices must be different? Welcome to the strange world...

'Economic growth will need massive energy. Will we allow an accident in Japan, in a 40-year-old reactor at Fukushima, arising out of extreme natural stresses, to derail our dreams to be an economically developed nation?' Every single atom in the universe carries an unimaginably powerful battery within its heart, called the nucleus. This form of energy, often called Type-1 fuel, is hundreds of thousands, if not millions, of times more powerful...

-The Telegraph   The Comptroller and Auditor General (CAG) has slammed the petroleum ministry for failing to take back 25 per cent of the acreage of the KG-D6 oil and gas block off the Andhra coast from Reliance Industries after it reneged on its drilling obligations. The long-awaited report from the CAG based on a detailed performance audit of the country’s hydrocarbon production sharing contracts was tabled in Parliament today. The nation’s auditor surprisingly...