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Monday, June 25, 2018

Amitav Ranjan


Why is today’s OPEC meeting important for India?
Fri, Jun 22, 2018

Iran, the Saudis’ great adversary in the Middle East, is smarting under US President Donald Trump’s decision to pull out of the 2015 nuclear accord, and wants to convey its hold on the cartel while mopping up as much oil revenue.

Fuel price reduction: We are already in the red, ONGC lets Minister know
Sat, Jun 02, 2018

ONGC chairman Shashi Shanker conveyed that the national explorer was “already in the red” after buying out Hindustan Petroleum Corp and bailing out Gujarat State Petroleum Corp in fiscal 2017-18.

To cut fuel rates, government works on ONGC plan
Fri, Jun 01, 2018

Asked if the government could decide the cut tonight, an official said: " Maybe today, meeting is on."

Ukraine says kickbacks worth Rs 17.5 crore to Ministry of Defence officials, asks for help
Thu, May 31, 2018

“Despite the fact that the Ukraine alleges 17.5-cr kickbacks to MoD officials, asks India for help terms of the agreement had not been actually fulfilled, the parties signed statements of completion whereupon Spetstechnoexport transferred $2.6 million of budget funds to the account of Global Marketing opened in the UAE,” wrote the Chief Unit of Detectives of the NAB.

To reduce fuel price, government looks at ONGC to share the burden
Thu, May 24, 2018

Fuel price: An official said ONGC’s contribution could pare the required price increase in petrol and diesel by one-third with an additional marginal relief provided by reducing the dealers’ commission by 18 paise per litre on diesel and 23 paise per litre on petrol.

I&B rewrites its letter firing NFDC chief, drops all charges against her
Thu, May 03, 2018

The I&B Ministry was forced to issue a fresh termination order on April 24 removing Paragraph 2 in the first sacking order of February 27 which had cited irregularities and “failure to adhere to prescribed procedures” by Gupta as reasons for firing her from the post of NFDC Managing Director.

Panel declines ministry’s proposal to delegate power to DGH on excess cost
Thu, Apr 26, 2018

The ECS said that cost escalations beyond 10% would be brought to the ministry for approval.

I&B asks CBI to probe graft charges against reinstated NFDC MD
Wed, Mar 21, 2018

Gupta was sacked from government-owned NFDC on February 27 “with immediate effect” citing several irregularities and non-adherence to prescribed procedures.

CBI booked ex-Railways minister Lalu Prasad despite objection, but let official get away
Mon, Mar 19, 2018

The Directorate of Prosecution, while drawing up a list of the alleged conspirators to be booked for the irregular transfer of the hotels, dropped the name of one of the two IRCTC officials named by the Economic Offences Division in its preliminary enquiry.

Railway hotels: FIR filed after CBI legal wing said there’s no evidence against Lalu Prasad
Fri, Mar 16, 2018

The Indian Express has learnt that verification by the Economic Offences Division concluded, on June 2, 2017, that Prasad handed over the running of IRCTC hotels in Ranchi and Puri to Sujata Hotels Private Ltd after allegedly receiving prime land in Patna through a ‘benami’ company.

Aadhaar: Supreme Court order echoes Law Ministry’s 2016 views
Wed, Mar 14, 2018

To a Finance Ministry’s proposal making it mandatory for those investing in small savings schemes to link their accounts with the Aadhaar number, the Law Ministry said on October 4 that such saving schemes could not be notified as “service within the meaning of Section 7 of the Aadhaar Act”.

Stop wilful defaulters from leaving country: Home Ministry to Immigration
Thu, Mar 01, 2018

Sources said the direction was issued after the Reserve Bank of India provided the list of defaulters that was handed to the Ministry of External Affairs for providing their passport details.

I&B fires NFDC managing director Nina Lath Gupta
Thu, Mar 01, 2018

Sources said Nina Lath Gupta, who had seven years before superannuation, was asked to leave “with immediate effect” without allowing her to serve the three months’ notice period for not adhering to prescribed procedures.

Proposed revision: Govt relaxes rules on cattle market, drops reference to slaughter
Tue, Feb 27, 2018

The original version, dated May 23, 2017, had notified a ban on sale of cattle for slaughter in animal markets, triggering an outcry over its effect on trade across the country.

‘Stalled projects’ is bad optics, so government moves to tweak label
Mon, Feb 26, 2018

The recommendation: Label proposals languishing on the drawing board as ‘shelved’ or ‘dropped’ or ‘abandoned’ if the promoters have no further intention to start implementation.

For recovering an extra 20 million barrels of crude oil: ONGC plans to use unconventional tech
Thu, Feb 15, 2018

While the technology is a proven concept in the West specially the US and Canada, ONGC’s project would be the first large scale CO2-injected project in Asia.

From 12 lakh to 10.9 lakh, now 7.5 lakh: Govt lowers its piped gas target again
Wed, Jan 31, 2018

On May 9, the target was pegged at 12 lakh for the entire fiscal year, according to documents accessed by The Indian Express. For compressed natural gas (CNG) stations, the number has been revised to 125 outlets from 180 quoted on May 9.

Law Ministry says no to review of trade reforms by external consultant
Mon, Jan 29, 2018

Law Ministry quoted a 1961 Presidential Order that blocks the hiring of a third party consultant to examine and interpret domestic laws, bilateral and multilateral treaties, or to advise ministries on probable changes in laws, regulations and circulars.

Centre working to keep PF rates unchanged
Mon, Jan 22, 2018

Going by the established norm of announcing returns based on its annual interest income, the payout would have been 8.5 percent.

ONGC field shuts oil wells following damage to gas lines
Thu, Jan 18, 2018

ONGC officials said the company has begun reviewing offshore logistics to make them “more safe and secure”.