Indian companies place orders worth $600 million for US crude, which is likely to increase by nearly $2 billion in the near future.
The country may propose pipeline via China when Putin visits this year.
He launched the "cleanliness is service" exercise to push for greater public participation in one of his government's centrepiece programmes launched on October 2, 2015.
A highly-placed source in the BJP told Rediff.com, "Just as the Sangh dislikes the pseudo-secularism of the Congress, the Sangh also has a distaste for the pseudo Hindutva that the BJP is trying to practise in maddening race for power."
Four junior ministers - Rajiv Pratap Rudy, Sanjiv Kumar Balyan, Faggan Singh Kulaste and Mahendra Nath Pandey - have resigned ahead of the rejig.
Oil prices have declined by more than 60 per cent since January with benchmark crude falling well below $30 per barrel, driven by an acute oil demand decline caused by the coronavirus and a lack of production cuts by OPEC and other oil producing countries.
The move is expected to bolster India's energy security.
Oil Minister Dharmendra Pradhan had last month told the Parliament that his Ministry has disallowed RIL from recovering $2.376 billion invested to develop offshore Krishna Godavari gas fields as output has fallen drastically and was way below the promised volumes in past four years.
The blaze erupted around 7 am in the gas processing plant of the ONGC located in Uran area of neighbouring Navi Mumbai, an official said.
India is the second largest buyer of Iranian crude, after China.
The BJP-led government had raised excise duty nine times between November 2014 and January 2016 to shore up finances as global oil prices fell, but then cut the tax just once in October last year by Rs 2 a litre.
The student front of the Rashtriya Swayamsevak Sangh has blotted its CV by allegedly instigating and engaging in violence on marquee campuses like JNU and Hyderabad Central University
'Our intentions are clear. If I keep all the acquired land under the ownership of the government, why do you raise questions about my intentions?' 'One achievement of my ministry would be the gas pricing policy. Two, we made a delivery mechanism (for domestic LPG) which is the largest in the world. We are crediting money to the poor directly. It is the biggest structure of direct subsidy transfer.' 'It is very easy to work with Modi. He gives everyone a chance in decision-making. I have become a minister for the very first time, but if we want to raise any issues in the Cabinet, we have full freedom to do so.' The second and final part of Union Oil Minister Dharmendra Pradhan's exclusive interview with Sheela Bhatt/Rediff.com.
Govt diverts Rs 253-crore subsidy savings to the poor.
Bharti Airtel and Vodafone Idea have communicated to the telecom department that they will not pay AGR dues of Rs 88,624 crore, the deadline for which ended on Thursday, and will wait for the outcome of modification petition listed for hearing before the Supreme Court next week, according to official sources. Reliance Jio on Thursday paid Rs 195 crore to the telecom department to clear all adjusted gross revenue dues accounted till January 31, 2020, according to an official source.
Not only the BJP but key bureaucrats are also known to have hinted to the top leadership of the need to expand the Cabinet.
Prime Minister Narendra Modi took stock of the situation, and assured all possible assistance to Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy. The prime minister also chaired a meeting of the National Disaster Management Authority (NDMA) to assess the situation.
The world's largest cash transfer programme has eliminated around 40 million ghost connections
An important document was found lying on a photo-copier machine.
Senior policymakers say it is a tough task and the finance ministry may resort to the time-tested method of carrying forward part of the subsidy payment burden to the next fiscal year.
According to sources, Russian energy giant Rosneft or its affiliates, Saudi Aramco and Reliance Industries are in race for BPCL's three refineries - Mumbai, Kochi in Kerala and Bina in Madhya Pradesh - 16,309 petrol pumps, 6,113 LPG distributor agencies and more than a fifth of 256 aviation fuel stations in the country.
According to a source close to the development, the government is set to come out with a notification in this regard by the end of this week.
Venkaiah Naidu said Aadhaar will not be made mandatory till the entire population gets such cards or UID numbers.
Automobile manufacturers said Euro-VI grade vehicles will not hit the roads before 2020 but the advancement gives them confidence to make investments in manufacturing such vehicles.
Petrol and diesel will cost Rs 2 a litre less from Wednesday after the first excise duty cut by the Modi government comes into effect.
Despite drawing a blank in Tamil Nadu, its leaders in the state claimed they should strike roots without using a crutch at this "most opportune" time, reports Radhika Ramaseshan.
Prime Minister Narendra Modi, Odisha Chief Minister Naveen Patnaik, Union Petroleum Minister Dharmendra Pradhan and other dignitaries greeted the people on Lord Jagannath's annual car festival.
Cabinet may tweak Rangarajan formula; new price may be further delayed.
A consensus builder, Jaitley was regarded by some as Modi's original 'Chanakya'.
'Till the time the MSM and Modi don't trust one another, expect more Nirmala Sitharamans springing out from nowhere,' says Sudhir Bisht.
If the Modi government is going to set new benchmarks of performance, don't expect the majority of his dozen-odd ministers-who-matter with economic portfolios to be making the difference, says T N Ninan.
BJP president and Union Home Minister Amit Shah said the prime minister shared his vision and commitment for the development of the people of Jammu and Kashmir and Ladakh region and and urged them 'to be a part of this historic journey'.
With this increase, diesel prices have touched a record high while petrol is at a 56-month peak.
On day 1, says retrospective taxation should be avoided; Sets up special investigation team to unearth black money.
In the third reshuffle since coming to power, Prime Minister Modi raised the strength of his Council of Ministers from 73 to 76.
Opposition parties on Thursday launched a vociferous attack on the Centre over its handling of the farmers' agitation, callings its dialogues with the protestors 'monologues', even as the ruling Bharatiya Janata Party defended the new laws asserting that its government is committed to the welfare of peasants and increase their incomes.
Chants of "Amar rahe, amar rahe, Ananth Kumar amar rahe" and "Bharat mata ki jai" rent the air as leaders paid homage and the mortal remains were consigned to flames.
Modi made a strong case for a partnership between the producers and consumers in the oil market as it exists in other markets.
Measures that will make Indian cities more organised and liveable need to be implemented to tackle the menace of pollution.
Digital-pay companies see 10x growth spurt after demonetisation, report Ayan Pramanik & Shine Jacob/Business Standard from Bengaluru.
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