Panel to take more time
Hyderabad: A delegation of Seemandhra Congress leaders comprising Union ministers and MPs was given an assurance by members of the A.K. Antony Panel in New Delhi on Wednesday that the formation of th
No roll-back of increase in diesel prices: Moily
Ruling out roll-back of the “small” 45 paisa increase in diesel prices, oil minister M. Veerappa Moily today said bulk consumers like Railways will have to find their own budget to buy the fuel at market price.
De-allocated coal blocks should be given to power projects: Moily
Coal blocks that are deallocated by the government after review of their status should be given to the upcoming power projects to meet the capacity addition target of 85,000 MW in the 12th Five Yea
Unfair to hold PM responsible for coalgate: Moily
Defending Prime Minister Manmohan Singh, Corporate Affairs and Power Minister M. Veerappa Moily on Saturday said it was 'unfair' to hold him responsible for 'coalgate' as it was a collective decision
Govt plans index for reflecting corporate sector’s strength
The government is planning to come out with a business development index based on economic parameters to reflect the strength of Indian corporate sector.
Govt mulls prison term for chief secys for power overdrawal
The government is contemplating levying heavy penalties on states overdrawing electricity that results in grid failure and possible imprisonment of chief secretaries to check the menace.
"I am contem
Power Ministry moots independent audits of transmission grids
The Power Ministry on Monday proposed to carry out independent audit of transmission grids within three months, a move that comes amid massive failures of grids last week that affected half of the cou
Don't want to start with blame-game: Moily
The newly-appointed Power Minister Veerappa Moily on Wednesday refrained from blaming states for over-drawing electricity that may have led to the collapse of the three grids on Tuesday and said he wi
Moily hits out at rating firms for lowering India's outlook
Hitting out at global rating firms for downgrading India's credit outlook, Corporate Affairs Minister Veerappa Moily on Wednesday said there was no 'economic tsunami' in the country and they should re
Moily hits back at corporate honchos for criticising govt
Hitting back at corporate honchos criticising the government over the current state of the economy, Corporate Affairs Minister Veerappa Moily on Thursday said 'perceptions cannot undo fundamentals'