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Centre considers delinking oil, gas extraction from mining tag -Jayashree Nandi

-Hindustan Times The MoPNG is seeking a separate category of clearance for oil and gas because if it is considered a mining activity, the environmental norms may prove to be more stringent, an official in the ministry said. The Union environment ministry is considering a proposal to delink oil and gas extraction from mining projects, as far as environmental appraisal is concerned, people familiar with the matter said. If approved, oil and gas...

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Core’s contraction: On slowing economy

-The Hindu As output and demand slow, India must retain twin focus on the pandemic and economy Output in the eight core industries suffered an overall contraction for a third straight month in May, shrinking 23.4%, as the pandemic-induced lockdown kept large parts of the economy shuttered, the Commerce Ministry’s provisional figures show. Of the eight, all but one posted declines in production compared with a year earlier, with six sectors witnessing...

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Building euphoria-Himanshu Upadhyaya

-Frontline   But in Modi's Gujarat the difference between development and darkness is all too visible to those who care to see. NARENDRA MODI may have won three consecutive elections and ruled Gujarat for more than a decade after he was posted there almost as a night watchman, to borrow a cricketing expression. He may have mobilised a massive fan following that is shouting to catapult him into the Prime Minister's post,...

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Consumers face fresh power tariff hikes -Utpal Bhaskar and Aman Malik

-Live Mint Government rejects coal price pooling, moves closer to allowing projects assured fuel linkages by CIL to import coal The government rejected a proposal to pool coal prices and instead moved a step closer to allowing power projects that had been awarded through competitive bidding and assured fuel linkages by state-owned miner Coal India Ltd (CIL) to import the fuel and pass on the incremental costs as higher electricity tariffs. Price pooling...

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Cabinet approves Rs.38,500 cr rural road development plan-Elizabeth Roche, Aman Malik and Ragini Verma

-Live Mint Proposal aimed at beefing up security, besides making sure development reaches neglected parts of India A day after the government pledged the partial decontrol of sugar in the next fortnight, the Union cabinet on Thursday approved a set of significant measures aimed at tackling Maoist insurgency and asserting its strategic hold over an area claimed by neighbouring China.   The measures approved involve upgrading rural road connectivity with special emphasis on...

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