Despite FIR Threat, Oilmin to Implement new Gas Rates

Ministry accepts in principle RIL formula to calculate bank guarantees, talks to be held today Unfazed by Delhi Chief Minister Arvind Kejriwal’s move to register a corruption case against Oil Minister Veerappa Moily and Reliance Industries Chairman Mukesh Ambani for their alleged collusion in doubling the price of natural gas, the Central government is taking steps to implement the new rates as scheduled from April 1.

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