Aiyar might visit Mumbai on Wednesday night and take stock of the situation.
The government on Tuesday categorically said that the United States had not any objections on the Iran-Pakistan-India gas pipeline project with New Delhi.
Petroleum Minister Mani Shankar Aiyar on Tuesday denied any differences within the government on the $4.16-billion Iran-Pakistan-India gas pipeline and said New Delhi was going ahead with the project as scheduled.
Notwithstanding the demand of the Left parties, Petroleum Minister Mani Shanker Iyar on Friday asserted that there would be "no rollback" of the hike in petro products prices.
In a clear move to protect consumers from hardening global oil prices, the government will announce by June 15 a new pricing policy for petrol, diesel and LPG that may include lower duties and targeted subsidies.
India's Petroleum Minister Mani Shankar Aiyar has predicted that the 'oil bubble' will burst soon.\n\n
Central Reserve Police Force personnel posted at the entrance did not recognise the new petroleum minister.
Pakistan, "for the time being", does not want to import diesel from India either through land or sea route, owing mainly to its "higher rates".
But party seeks to streamline the process, dealing with issues in an 'integrating' manner
The imprudent, not to mention immature, attack on Prime Minister Narendra Modi by Congress leaders, especially on the election trail, can only be read as a sign of nerves on the eve of an important poll battle.
Subir Raha, chairman and managing director of Oil and Natural Gas Corporation, has not been given an extension by the government and he will have to hang his boots by this evening.
Petroleum Minister Mani Shankar Aiyar will visit Pakistan from June 3 to boost energy ties and discuss the $4.16 billion Iran-India gas pipeline project.\n\n
The finance ministry has rejected a cut in duties to avoid an increase in petro prices even as Petroleum Minister Mani Shankar Aiyar will begin a consensus-building exercise within the UPA for a fuel price hike.
A couple of months after exiting the Petroleum Ministry, Mani Shankar Aiyar on Thursday lashed out at the way the top bureaucrats functioned in the ministry.
Petroleum Minister Mani Shankar Aiyar will visit Pakistan in the second fortnight of May to discuss modalities of Iran-India gas pipeline besides other areas of cooperation in the hydrocarbon sector.
Petroleum Minister Mani Shankar Aiyar will visit Pakistan on March 15 and 16 to attend the SAARC Energy Ministers' meeting and hold talks with Pakistan on the India-Iran trans-national gas pipeline.
India may ink an agreement with Iran in June this year on the import of natural gas through a $4.5 billion pipeline transiting through Pakistan.
Petroleum Minister Mani Shankar Aiyar will take up Oil and Natural Gas Corp's proposal to acquire 15-20 per cent stake in embattled Russian firm Yukos' core asset, Yuganskneftegaz, when he meets his Russian counterpart in Moscow on February 21.
Petrol and diesel prices are unlikely to be reduced in line with falling international prices as the government is working on a stable pricing regime.
Oil and Natural Gas Corp is spending 93 per cent of its total capital expenditure of Rs 10,850 crore (Rs 108.50 billion) in the current fiscal on its core activities of oil and gas exploration and production, according to its chairman and managing di
The government will allow exploration firm Oil and Natural Gas Corporation and Gas Authority of India to market domestic LPG to increase penetration of cooking fuel to 75 per cent of the population.
Petroleum Minister Mani Shankar Aiyar on Tuesday hinted that the system of fortnightly revision of petrol and diesel prices is likely to be replaced with monthly or quarterly revisions.
India may dump Iran for Yemen and Qatar as a possible source of liquefied natural gas after the ministerial level talks failed to finalise a deal for New Delhi to buy five million tonnes of LNG.
Petrol may become cheaper by Re 0. 40 per litre from December 1, following a fall in international oil prices.
Indian power expertise to Sudan for oil, gas blocks
India is likely to discuss the fate of the proposed $4.16 billion Iran-India gas pipeline during talks with Pakistani Prime Minister Shaukat Aziz next week.
In January, Visa's chief executive officer, Al Kelly, said during an earnings call that "there's been a burst of the balloon in valuations in the fintech world". Noting that the trend of lower valuations "is a helpful characteristic of the current environment", he added: "We will look for capabilities and management teams that will bring more value to Visa than we can bring ourselves." Data from KPMG's Pulse of Fintech H2'22 shows that global fintech investment - via mergers and acquisitions (M&As), private equity (PE) and venture capital (VC) firms - at $164.1 billion in 2022, was down 31 per cent over the year before. Indian fintechs held up better during this timeframe, attracting $6 billion, or a fall of 24 per cent.
LPG prices will go up by Rs five per cylinder every month with the government on Tuesday saying there is no roll-back in the decision.
Petroleum Minister Mani Shankar Aiyar on Monday remained non-committal on rolling back the hike in petrol, diesel and cooking gas prices saying the demands for revisiting the decision could only be considered after the Prime Minister returns from The
Satyajit Ray would have been a hundred years old on May 2. To mark the legendary film-maker's birth centenary, Rediff.com bring you a treasure trove of features from our archives.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances