A committee headed by C Rangarajan, Chairman of the Prime MinisterÂ’s Economic Advisory Council (PMEAC), suggested an annual revision in the price of natural gas produced in the country. The revision should be based on monthly moving average of net back price for producers of Indian LNG and the other volume weighted price of USÂ’s Henry Hub, UKÂ’s
FlashNews:
DFCCIL Freight Operations Surge 48% as Corridors, Terminals Expand
SMFCL Board Clears $3 Billion Borrowing Plan to Accelerate Maritime Infrastructure Financing
Air India Restores Codeshare with Air Canada to Expand India-Canada Flight Network
Indian Railways Freight Loading Surges Past 1 Billion Tonne Milestone This Fiscal
IWAI Signs MoUs to Boost Assam’s Inland Waterways and Industrial Logistics
Air India Express to Launch Services from Navi Mumbai International Airport on Day One
Tata Power, Druk Green Power Corp. Seal ₹1.31 Trillion Pact for Bhutan’s Largest PPP Hydro Project
IndiGo Commits $820 Million to Transform Fleet Ownership Via GIFT City Finance Hub
NHAI Launches RIIMPL to Drive Public InvIT for Highway Monetisation
Northeast to Anchor India’s Inland Waterways Revival, Says Shipping Minister Sonowal
Noida International Airport Boosts Regional Access with UPSRTC Bus Partnership
It’s India’s Turn to Take Global South’s Aspirations to Stars, Say Space Leaders at ISpA Conclave
IndiGo Links Madhya Pradesh’s Indore Commercial Hub with Rewa White Tiger Territory
INOXGFL Group and KP Energy Seal Renewables Partnership for Pan-India Wind and Solar Projects
Green Ferry Infrastructure on Yamuna to Transform Delhi Cruises and Transport: Sonowal
Indian Railways Unveils Cement Freight Policy with Flat Rates, New Containers, and Bulk Terminals
India’s Spacetech Startups Propel Sector Towards $45 Billion Growth, Says Jitendra Singh
THINK Gas Signs Long-Term LNG Supply Agreement with Shell Energy India
Navi Mumbai Airport to Launch on Dec 25 with 23 Daily Flights; IndiGo, Akasa, Air India Lead Rollout
Delays reflect NHAI’s deficiency in planning: Panel
The Parliamentary Standing Committee on Transport has said in its latest report that National Highways Authority of India's (NHAI) delay in completing projects like Golden Quadrilateral, reflects either tardy planning or deficiency in execution. NHAI is not in a position to complete any project and is adding projects after projects without achieving targets in older ones, the report said.
Earnings of banks came under pressure in FY12
Key earnings parameters of scheduled commercial banks (SCBs) came under pressure during 2011-12 because of slowdown in the

