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5 record(s) found in 'January 2009'

For decades now, India has considered oil to be its swing fuel that it could easily import in times of shortages and cut back on those imports when superfluous. This strategy worked reasonably well till the time the prices remained reasonably stable and within a given range. The extreme volatility and sky-rocketing prices, as witnessed over the...

The integrated energy policy of India, which has been in the making since 2005, finally received Cabinet approval in the last week of December 2008. The report of the expert committee set up to define the integrated energy policy was available in 2006. However, it is only the press release of the 2008 version that is available at present and we...

One important message that the voters have given, in states where elections were held recently, is a clear preference for performance and development. India's place in global affairs has been enhanced substantially in recent years, largely because of impressive economic growth. The strength of this country and the influence it is able to exert in...

As we enter 2009 some sad memories of 2008 could obviously cloud our outlook. But the world and this country must move on in the new year. The unhappy developments that took place in the last year should provide us with determination and will to improve our governance and refurbish our institutions by taking care of structural infirmities and...

With the wide fluctuation in oil prices in 2008, stemming initially by high demand and speculative activity to a steep drop because of global recession, it is difficult to predict what will happen to crude prices in 2009. Much will depend on remedial action taken by the new President of the USA Mr Barack Obama to get the country out of its own...