With geo-political factors impacting crude prices, India needs to have a good oil hedging policy as the volatility will continue to rise, former Reserve Bank of India (RBI) Governor, Raghuram Rajan said Wednesday.
Former chief economic adviser Arvind Subramanian said Monday that the inclusion of petrol and diesel in the Goods and Services Tax (GST) ambit was not possible until the revenues under the new tax regime stabilises.
With global oil prices weakening, the oil marketing companies are passing on the reductions to petrol and diesel consumers, especially since this is election season.
Considering the capacity addition from the government’s power for all mission and the 175 Gw renewable integration target, India currently needs about US$ 50 billion to US$80 billion investmen
A High Level Empowered Committee (HLEC), chaired by Cabinet Secretary PK Sinha, to address the issue of stressed thermal power projects in India has made far-reaching recommendations.
Indian policymakers are breathing a sigh of relief. Contrary to expectations earlier this year, when oil prices were forecast to touch $100 per barrel, crude rates have fallen 25 percent (since early October) to around $65 now.
While Indian economy apparently reaped huge benefits from a sharp fall in crude oil prices about three years ago, with the GDP growth topping 8% and defying a global slowdown, the oil price fall actually ended up hurting Indian economy
India will need around USD 4.5 trillion till 2040 for development of infrastructure sector in the country, Niti Aayog CEO Amitabh Kant said Wednesday. Kant further said that there is an urgent need to restructure entire existing public-private partnership
It may be stretching the bow too far to blame Donald Trump for the collapse in the profits Asian refiners get for making gasoline, or indeed for the surge in diesel profits, but the policies of the U.S. president are certainly playing a role.
Bharatiya Janata Party (BJP) leader Subramanian Swamy, on Monday, addressed the issue of rising fuel prices and the day-long shutdown being observed in Delhi by petrol pumps. Swamy said that according to him, “Petrol should be retailed at Rs 40 and I can show the way.