New Delhi, May 12 (IANS) The Centre has reduced the royalty burden on crude oil and casing head condensate production from offshore deepwater and ultra-deepwater blocks, according to revised royalty provisions notified in the latest schedule under the oil and gas regime.Under the revised structure, royalty for deepwater areas has been fixed at 5 per cent for the first seven years from the commencement of commercial production and 10 per cent from the eighth year onwards.For ultra-deepwater block…
Latest DSF News & Updates
New Delhi, Jan 6 (IANS) The Jawaharlal Nehru University (JNU) unit of the Akhil Bharatiya Vidyarthi Parishad (ABVP) on Tuesday strongly condemned the controversial sloganeering directed at Prime Minister Narendra Modi and Home Minister Amit Shah at the university campus, claiming that even the officer-bearers of the student body, led by the Left, were involved in the protests.The ABVP has demanded a police investigation into the incident and strict action against those involved.Several Left-wing…