A picture about the macroeconomy that is, the world economy and the domestic economy is given. The two recent regulatory measures are given here. [FICCI/IBA Annual Banking Conference].

Government owned Oil Marketing Companies (OMCs) raised the price of petrol on 23rd May 2012. After the inclusion of local taxes, this amounted to a hike of Rs 7.54 per litre in Delhi. A snapshot of the petroleum import and pricing scenario in India. [PRS]....

Russia’s Gazprom, the world’s largest gas company, has precipitated serious tensions among the post-Soviet countries by sharply hiking gas prices this winter. Gazprom has been supplying gas to these countries at heavily subsidized rates and wants now to take advantage of the rising...

The deficit in the supply of electricity relative to demand at peak hours in 2011-12 was 11 per cent. While generation capacity has increased, the fuel supply situation has deteriorated. Here, some factors affecting the power supply situation are presented. [PRS]....