Briefly Bussines: Govt’s total debt in FY’13 at 46.7% of GDP

The government’s total outstanding liabilities at the end of the last fiscal was 46.7 per cent of GDP as against 50.3 per cent

Mumbai | Published: July 17, 2013 1:45 am

Govt’s total debt in FY’13 at

46.7% of GDP

Mumbai:The government’s total outstanding liabilities at the end of the last fiscal was 46.7 per cent of GDP as against 50.3 per cent reported in the Budget documents,according to a status report on the public debt position of the government. pti

EGoM to decide on changing gas priority

New Delhi: An empowered group of ministers (EGoM) headed by defence minister AK Antony is to consider an oil ministry proposal of abolishing the priority ranking according to which natural gas is first given to urea manufacturing fertiliser plants,then

to LPG units,followed by power plants,city gas,steel and refineries. pti

IEX receives PowerLine award

New Delhi: Indian Energy Exchange (IEX),has bagged this year’s PowerLine award for the ‘Best Performing Power Exchange’. The award was presented by minister of state for power,Jyotiraditya Scindia at a ceremony held in the capital. ENS

NSEL asked not to launch new contracts

New Delhi: National Spot Exchange has been asked not to launch new contracts until further instructions from the government. NSEL has received orders from the consumer affairs ministry for violating rules while offering commodity contracts. pti

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