According to the Fertiliser Minister Ananth Kumar the process of using naptha will continue till natural gas is made available through pipelines or other means.
Prasad Baji, Senior VP, Institutional Equities – Research, Edelweiss Financial Services sees the hike of royalty on iron ore being passed on by the ferrous metal companies.
The Cabinet Committee on Economic Affairs (CCEA) has approved the long-awaited shale gas and oil exploration policy to boost oil and gas production and cut imports. The plan is to unlock shale gas reserves.
The Cabinet Committee on Economic Affairs (CCEA) cleared on Thursday a 1.5 billion euro investment plan by IKEA, formally paving the way for the Swedish retail giant to set up shop in Asia's third-largest economy.