The Delivery Authentication Code (DAC) system will be implemented from November 1 across 100 smart cities
Consumption of fuel, a proxy for oil demand, totalled 17.36 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.
“We expect the capacity expansion to be completed in the next 2-3 yearsâ€, Anish Chandaria, MD & CEO of Aegis Logistics told CNBC-TV18.
Consumption of fuel, a proxy for oil demand, totalled 16.64 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.
Consumption of fuel, a proxy for oil demand, totalled 16.49 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.
Consumption of fuel, a proxy for oil demand, totalled 14.92 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.
LPG, a historically niche and dislocated market, has ballooned with the advent of US exports due to the shale boom. The United States went from an importer to the largest single exporter of propane in just a few years, rivalling the Middle East Gulf producers.
Consumption of fuel, a proxy for oil demand, totalled 15.65 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.
Consumption of fuel, a proxy for oil demand, totalled 14.8 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.
Speaking to CNBC-TV18, Ex-ONGC head, RS Sharma said the development is a big negative and the government will have to work to revive formulation in order to promote the exploration and production (E&P) sector.
These top corporate leaders include the Ambanis, Adani Group chief Gautam Adani, Mahindra chief Anand Mahindra and Phoenix Mills director Gayatri Ruia amongst others.
Indranil Sengupta believes there are risks to 4.1% fiscal deficit target for FY15 as tax revenue projections look ambitious. But he does not think the government's borrowing programme is at risk.
A cut in prices of PNG (piped natural gas) is likely to be positive for Indraprastha Gas (IGL) as it would force a lot of people to shift from liquefied petroleum gas (LPG) to pipe gas.
Shares of Indraprastha Gas (IGL) went into a tailspin after the The Petroleum & Natural Gas Regulatory Board (PNGRB) asked the company to lower its network tariff for compressed natural gas (CNG) and liquefied petroleum gas (LPG) by around 60% in New Delhi as well as NCR.
State-owned oil firms have hiked auto LPG prices by Rs 6 per litre, the third increase this year.
A fluid catalytic cracker (FCC) at India's Reliance Industries' old plant could start product output from Wednesday, an industry source said.
The government’s decision to move towards direct transfer of cash subsidy for kerosene, LPG and fertiliser has been held by some as a major attempt to improve delivery and circumvent corruption but others have serious reservations. Beyond that there are also questions about whether a full-proof system can be put in place in a country like India.