India ONGC Q3 profit falls 5 pct, subsidy costs weigh - Reuters


Moneycontrol.com
India ONGC Q3 profit falls 5 pct, subsidy costs weigh
Reuters
... Feb 8 (Reuters) - India's state-run Oil & Natural Gas Corp posted a 5 percent drop in quarterly net profit, falling short of market expectations, as a sharp rise in provisions for subsidy payments offset higher selling prices for oil and gas.
ONGC Q3 profit falls 5 pct Reuters India
ONGC Oct-Dec Net Profit Falls 5% On Discounted Crude Sales Fox Business
ONGC Q3 profit falls 5 pct, subsidy costs weigh IBNLive.com

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Aadhaar-based subsidy outgo schedule likely - Rediff


Rediff
Aadhaar-based subsidy outgo schedule likely
Rediff
Finance minister Pranab Mukherjee [ Images ] is set to outline a schedule for Aadhaar-based entitlements and cash disbursal of subsidies in the coming budget. The Unique Identifiaction Authority of India [ Images ] is expediting creation of platforms ...
Jharkhand UID success to be rolled out nationally Hindustan Times
Unique ID authentication services rolled out to speed up cash transfers Hindu Business Line

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India Upstream Companies To Bear Higher Subsidy Burden - Official - Fox Business


Moneycontrol.com
India Upstream Companies To Bear Higher Subsidy Burden - Official
Fox Business
The increase in subsidy payout will affect the earnings of explorers Oil & Natural Gas Corp. (500312.BY) and Oil India Ltd. (533106.BY) as well as gas transporter GAIL (India) Ltd. (532155.BY) and likely hurt their plans to invest several billions of ...
India may revive ONGC share sale via auction-source Reuters

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Oman lures filmmakers with incentives - Times of India

Oman lures filmmakers with incentives
Times of India
Subsidies of 20-40 % will be offered for movie shoots," said Lubiana Sheerazi, India representative of Oman's Ministry of Tourism. While the number of Tamil, Telugu and Malayalam films shot in Oman has increased in the last three years, songs shot amid ...

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India Official: Aim to Shrink Next Year Budget Gap - Wall Street Journal


IBNLive.com
India Official: Aim to Shrink Next Year Budget Gap
Wall Street Journal
By ABHRAJIT GANGOPADHYAY NEW DELHI -- India will likely aim to shrink its budget deficit by at least 0.4 percentage point of gross domestic product next fiscal year, as it attempts to boost government revenue and cut subsidies, a senior finance ...
India expects slowest growth in three years MSN Philippines News
If 6.9% GDP is bad, next year is unlikely to be any better Firstpost

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Clegg leads wind power subsidies fightback - H&V News


Daily Mail
Clegg leads wind power subsidies fightback
H&V News
“The new economic powerhouses – China, India, Korea, Brazil – are now serious contenders for that capital. In today's world, the savviest states understand that going for growth means going green.” “Low-carbon markets are the next frontier in the ...
LibDems battle for green sector against Tory demands for cuts Energy and Environmental Management (EAEM) Magazine
Deputy PM Clegg says "wake up or catch up" on the drive for green energy Click Green

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RE investors eyeing Asia beyond China, India - BusinessWorld Online Edition

RE investors eyeing Asia beyond China, India
BusinessWorld Online Edition
Governments in Southeast and South Asia are refining targets for renewable energy expansion, extending subsidies and dangling tax breaks at a time when developed markets, particularly Europe and the United States, are rolling back subsidies.

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Indian eye clinic uses tiered pricing to combat blindness among poor - The Guardian


The Guardian
Indian eye clinic uses tiered pricing to combat blindness among poor
The Guardian
He says he and his father travelled by bus for two hours to reach the LV Prasad Eye Institute's (LVPEI) hospital in Mudhol, a tiny village in southern India. He perks up a little when he is asked to read aloud from the eye chart.

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BREAKINGVIEWS - Indian airlines get the wrong help - Reuters India

BREAKINGVIEWS - Indian airlines get the wrong help
Reuters India
India's beleaguered aviation sector needs a boost. But letting airlines avoid punitive state taxes by directly importing fuel isn't smart. Some tax is necessary to pay for environmental costs. The real target should be the subsidy given to loss-making ...

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Signs build that Iran sanctions disrupt food imports - Reuters

Signs build that Iran sanctions disrupt food imports
Reuters
(Adds quotes from Pakistan rice exporters group, Iran ambassador to Russia) * Malaysia cuts exports of palm oil * Iran defaults on purchases of Indian rice * Ukrainian maize shipments cut * Sanctions impose hardship ahead of election By Niluksi ...

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