On July 03, 2015 23:34 (IST)
Oil Minister Dharmendra Pradhan will lead an Indian delegation for bilateral energy dialogue with Canada.
On July 03, 2015 19:35 (IST)
Finance Minister Arun Jaitley has set a target of raising about Rs 69,500 crore by selling shares in state-run companies and minority holdings in private companies this fiscal year.
On June 26, 2015 23:09 (IST)
The next round of auction of oil and gas blocks under the New Exploration Licensing Policy (NELP) will be held by the end of fiscal year 2015-16, Petroleum and Natural Gas Minister Dharmendra Pradhan said on Friday.
On June 12, 2015 20:47 (IST)
The oil ministry is moving beyond seeking additional barrels for import in talks with exporters. Now, the energy-deficient country wants to use its thirst for oil as a weapon to broker deals to help strengthen its economy and create jobs, Oil Ministe...
On June 12, 2015 16:39 (IST)
The government has saved Rs 10,000 crore subsidy outgo on cooking gas through a similar scheme, which it says has knocked off about 40 million illegal consumers from the system.
On June 12, 2015 18:34 (IST)
Vedanta earlier this week signalled it was considering a merger, a move that would it to repay a hefty group burden with the help of cash-generating Cairn.
On June 08, 2015 21:41 (IST)
The government will start keeping a strategic oil reserve from this month, which would be located at Visakhapatnam in Andhra Pradesh, Petroleum and Natural Gas Minister Dharmendra Pradhan said on Monday.
On May 21, 2015 21:46 (IST)
Saudi oil minister Ali Al-Naimi said on Thursday that the kingdom envisaged the fact that fossil fuels could become unnecessary before the middle of the century and was investing in renewable energy for that reason.
On May 20, 2015 23:00 (IST)
Finance Minister Arun Jaitley on Wednesday said inflation will not be a significant challenge though there is a possibility of below average monsoon and food prices getting impacted.
On May 16, 2015 20:47 (IST)
To bolster energy ties with the US, Oil Minister Dharmendra Pradhan is leading a high-level delegation of industry CEOs to Mexico and Colombia during May 18-May 22.
On May 15, 2015 17:02 (IST)
Oil Minister Dharmendra Pradhan said on Friday that the government is looking to buy oil assets abroad.
On May 13, 2015 22:47 (IST)
Petrol price of Rs 63.16 per litre in Delhi is more than Rs 44.05 per litre rate of the fuel in Pakistan and Rs 54.75 in Sri Lanka. However, it is cheaper than Rs 76.97 per litre price in Bangladesh and Rs 68.13 a litre in Nepal.
On May 09, 2015 13:54 (IST)
Excise duty collection on petrol and diesel jumped over 50 per cent in financial year 2014-15 to Rs 74,465 crore as the government on multiple occasions raised tax rates to shore up its revenues.
On May 08, 2015 21:19 (IST)
Slowdown in global demand, appreciation of the rupee against the euro and a steep fall in oil prices led to a decline in India's exports in 2014-15, Parliament was informed on Friday.
On March 29, 2015 17:00 (IST)
There are about 15.3 crore LPG consumers in the country.
On March 28, 2015 11:41 (IST)
Concerned over volatility in international oil prices, Finance Minister Arun Jaitley on Friday expressed hope that the situation in the Middle East will improve and the prices will stabilise.
On March 20, 2015 14:54 (IST)
The cabinet has already approved the sale of 5 per cent stakes in ONGC and Bharat Heavy Electricals Ltd, and 10 per cent each in NALCO and NMDC Ltd, Mr Sinha told lawmakers in a written reply in the lower house of parliament.
On March 17, 2015 14:48 (IST)
The deficit narrowed to 1.6 per cent in the October-December quarter from 2 per cent a quarter earlier on the back of slumping oil prices
On February 28, 2015 09:41 (IST)
Reaping the benefits of low global prices for oil, India's main import, Modi's government sees itself in a sweet spot with spare cash to modernize ageing roads and railways without busting fiscal deficit and inflation targets.
On February 27, 2015 11:53 (IST)
Finance Minister Arun Jaitley is expected to provide some tax breaks to the salaried class in Saturday's Budget, analysts say. To compensate for the shortfall in revenues, Mr Jaitley may hike indirect taxes, including customs duty on crude oil import...