UPA government had in December last year decided to price all domestic gas from April 1, 2014 according to a formula suggested by the Ranga...

The poverty line had been fixed at Rs 27 in rural areas and Rs 33 in urban areas, levels at which getting two meals may be difficult.

Pradhan said the Rangarajan formula had certain anomalies which the new government will look to fix keeping the interest of end-consumers i...

In Power & Coal Minister Piyush Goyal's opinion, gas prices in India cannot be fixed based on a formula that includes Japanese imports.

The previous government could not announce the new rate of $8.40 per unit, because the Election Commission vetoed its move on the ground th...

Petroleum and natural gas minister M Veerappa Moily said on Friday that the government will not go back on its decision to raise gas prices...

The government on Friday notified the new formula, which links gas prices to international benchmarks.

A Parliamentary panel has sought a review of the Rangarajan formula that will be used to price natural gas from April next year.

AOGO said that the decision of the Cabinet Committee on Economic Affairs (CCEA) falls short of the recommendations made by the Rangarajan c...

Other than the power ministry, all other departments have proposed a gas price, which is $6.77 per unit or more.

The Cabinet note reiterates the government's strategy to have a globally competitive gas pricing policy in the long run.

Ambani and Dudley met Prime Minister Manmohan Singh and top officials to press for quick approvals and marketbased price of natural gas.

Industry body CII has drilled holes in the Rangarajan Panel report on pricing of natural gas based on average of global indices, saying the...

Oil Ministry for nearly doubling the price of natural gas produced by state-owned ONGC and OIL to $ 8-8.5 per million British thermal unit.

The Rangarajan Committee is believed to have suggested a complex pricing formula that will lead to near doubling of natural gas price to ab...

A high-level panel headed by C Rangarajan has invited comments on terms of contracts for exploration of oil and gas to be signed in future.

Prime minister’s economic advisory council checking out the maths.