Madhavankutty Pillai
Another radical suggestion for Veerappa Moily to reduce fuel consumption
The US is about to impose new sanctions on Iran, which could mean oil anxiety is back
As America’s energy anxieties ease, India may get a realistic chance to address its own
Oil companies have asked the Government to re-regulate petrol prices so that it picks up half the tab for its populism
The goal of America’s latest sanctions is to reduce Iran’s export earnings drastically while shielding the global economy from oil price spikes
What makes Iran important for global crude oil markets is its geo-strategic location, not its volume of exports
If the Centre reduces taxes on petrol, it will have to raise them elsewhere, which will again fuel inflation
The IEA’s latest annual report puts the world oil subsidy total at $312 billion for 2009, with India listed as the fourth biggest subsidiser with $21 billion spent by the state to cushion fuel users.
We break it to mark auspicious beginnings. The Nicobaris are cracking this wonder nut to restart their tsunami devastated lives.