is expected to generate pretax benefits of around USD 2.5 billion per year starting 2018. The tie-up will turn Shell into the world's leading liquefied naturalgas company and one of the largest deepwater oil
Terming Rs 30,000 crore as a more "realistic" target, the Department has said that a higher target was becoming "counter-productive" in framing of a strategy for sale of shares due to market volatility.
"With subdued growth prospects expected to keep a lid on tax collections, indirect taxes and divestment receipts will be important to fund public infrastructure spending plans," said DBS in its daily economic report.
in the second quarter, even as prices for other energy commodities, such as naturalgas and coal, declined, the World Bank said. In general, commodities, including metals and agricultural products declined
at international rates, naturalgas is sold at a substantial discount to market rate.In case of Cairn, crude oil from its prolific Rajasthan block is sold at a marginal discount to its nearest globally traded