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5 record(s) found in 'September 2000'

We raise an alarm every time oil prices go up. There is the usual flurry of debates and expression of concerns as long as the crisis lasts. The moment prices go down the wolf is seen to go away, even though he is lurking very much in the shadows, and in fact getting more dangerous even as our consumption of oil keeps ratcheting higher and higher....

For the fourth time since the early 1970s, oil prices have shot up and touched a level of 37 dollars a barrel. On this occasion, however, the increase has not been brought about by any specific political upheaval, such as the Arab-Israel War in 1973, the Iranian Revolution in early 1979, and the Gulf War in 1990. In fact, there have been signs of...

The government has decided that the petroleum sector is not 'strategic'. It will therefore be possible to reduce government shareholding in the oil and gas PSUs (public sector undertakings) to below 50 per cent. However, there would be no standard formula to be applied to all the PSUs; each case would be decided on merit and it may well be that...

The period 6-9 September saw a major event taking place in New York with the Millennium Summit hosted by the UN Secretary General. Around 160 world leaders met to discuss challenges faced by the human race in the new millennium. The focus of the summit was on poverty and development, but through the multitude of powerful voices heard on the...

That market forces and competition can improve efficiencies in the delivery of infrastructure services without affecting economies of scale, and till such competition arrives, monopoly service providers should be regulated, have now been recognised.