Petroleum Minister Mani Shankar Aiyar on Tuesday indicated that the government would increase petrol, diesel and LPG prices, but also cut duties in a bid to contain the impact of surge in international oil prices.\n\n
Oil and Natural Gas Corp, India's largest oil producer, plans to set up new refineries at Rajasthan and Kakinada in Andhra Pradesh, Petroleum Minister Mani Shankar Aiyar said on Thursday.\n\n
The petroleum ministry has proposed a Rs 3.25 per litre hike in petrol and about Rs 4 per litre increase in diesel prices in line with the spurt in global crude oil prices that have touched $66 a barrel.
The Cabinet Committee on Economic Affairs on Thursday approved ONGC Videsh Ltd's proposal to lay a $200 million petroleum product pipeline in Sudan.
India on Monday invited South Korean oil companies to invest in the country's upstream and refining sector and also work jointly to explore opportunities in other countries.
Finance Minister P Chidambaram on Friday discussed the issue of petrol and diesel pricing with Prime Minister Manmohan Singh.
Singh issued a statement on Monday, listing those who attended the dinner, and stressed that the election was not discussed during the meeting.
India and Pakistan will on Tuesday discuss financing of the $4.1-billion Iran-Pakistan-India gas pipeline project, the transit fee that Islamabad will charge for allowing the passage of the pipeline to India and security issues.
Last week, Pakistan and Iran had signed a memorandum of understanding for the implementation of the 2600-km project.
Comprising participants from far-off areas, including Manipur, Arunachal Pradesh, Andaman and Nicobar and Jammu and Kashmir, the marchers followed a special team of 85 Army personnel who were horse-back.
The rally will have night stops at Modinagar, Muradnagar and Ghaziabad before entering the capital. One thousand young students from the north-east and Jammu and Kashmir are also taking part in the rally.
BHP Billiton, the world's largest diversified resources company, has said that there are sufficient features in the pre-feasibility study of the $4.16-billion Iran-Pakistan-India natural gas pipeline to ensure safety.
These protests helped the BJP, but it also helped the communal outfits, Ramesh said.
The ambit of the G-23 grouping increased this time as some more leaders -- Patiala MP Preneet Kaur, former Gujarat chief minister Shankar Singh Vaghela, former union minister Mani Shankar Aiyar and former Haryana speaker Kuldeep Sharma -- joined them.
"My guess is by not hosting the Asian Games, we probably saved ourselves something of the order of Rs 5000 crore," Sports Minister Mani Shankar Aiyar said on Sunday.
Left parties on Monday opposed any increase in petrol and diesel prices in step with the hike in global oil prices and higher taxes, and asked the government to restructure duties to protect the consumers.
Finance Minister P Chidambaram and Petroleum Minister Mani Shankar Aiyar may soon meet Prime Minister Manmohan Singh to decide on fuel pricing in the wake of spiraling international oil prices.
Venezuela and India would start a pilot project on heavy oil exploration in Rajasthan in August, Centre said on Tuesday.
Union sports minister Mani Shankar Aiyar said India need to stamp out doping if they hope to become a serious medal contender at major championships.
National Thermal Power Corp, Gas Authority of India Ltd and Indian lenders will contribute Rs 500 crore (Rs 5 billion) each as equity
Government on Tuesday said it was considering whether to increase prices of petrol and diesel due to increase in international crude oil prices.
Petroleum minister Mani Shankar Aiyar on Wednesday ruled out hiking petrol and diesel prices in step with the firming up of international oil prices and the increase in excise duties.
The government is mulling divesting a minority holding in oil exploration firm Oil India Ltd but no decision has been taken on the mode of sale, Petroleum Minister Mani Shankar Aiyar said on Wednesday.
Sports Minister Mani Shankar Aiyar has advised former Olympians to push the issue on the floor of the Houses.
He has been given time till March 15.
India's oil major ONGC has signed a memorandum of understanding with Russia's Gazprom, paving the way for their possible joint bidding for global energy assets.
Close on the heels of initiating a dialogue with Iran and Myanmar on importing gas through onland pipelines, Petroleum Minister Mani Shankar Aiyar will soon visit Turkmenistan and Afghanistan to explore the possibility of bringing natural gas from Ce
The government has allowed Reliance Industries Ltd and Mangalore Refineries and Petrochemicals Ltd to sell kerosene outside the public distribution system, Petroleum Minister Mani Shankar Aiyar said on Thursday.
The group of ministers' meeting on Tuesday on raising natural gas price for fertilizer and power units and setting up a regulator for the oil sector remained inconclusive.
Petroleum Minister Mani Shankar Aiyar on Thursday denied having presented to the Cabinet a proposal for raising LPG and kerosene prices.
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