Amitav Ranjan

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.

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

“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.

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.

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.

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

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

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.

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.

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”.

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.

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.

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.

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.

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.

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 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.

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

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