News for 'Ministry of Petroleum and Natural Gas'

Why stubble burning will continue to choke NCR

Why stubble burning will continue to choke NCR

Rediff.com13 Nov 2019

To prevent rise in air pollution levels, oil marketing companies and thermal power units were planning to procure stubble from farmers to make bioethanol and promote the central government's 'Agricultural Mechanization' for crop residue management. But both have seen minimal success.

New fuel-efficiency norms to be delayed

New fuel-efficiency norms to be delayed

Rediff.com10 Jan 2014

India is served by BS-IV fuel in cities such as Mumbai, Chennai, Delhi and BS-III fuel in the rest of the country.

GDP is expected to pick up in Q3, says CEA Subramanian

GDP is expected to pick up in Q3, says CEA Subramanian

Rediff.com29 Nov 2019

Department of Economic Affairs secretary Atanu Chakraborty said that equity capital flows have been positive this year.

PM to keep tabs on infrastructure projects

PM to keep tabs on infrastructure projects

Rediff.com27 Jul 2014

PlanCom makes presentation with secretaries of key ministries in tow.

K-G Basin row has all the makings of a vodafone-like tussle

K-G Basin row has all the makings of a vodafone-like tussle

Rediff.com27 Jan 2017

RIL has denied knowingly producing any gas from the ONGC block

India's oil import bill likely to dip 35% in FY'16

India's oil import bill likely to dip 35% in FY'16

Rediff.com25 Nov 2015

An $1 per barrel change in crude price impacts the net import bill by Rs 3,513 crore.

Soon, cars to have fuel efficiency star rating!

Soon, cars to have fuel efficiency star rating!

Rediff.com2 Feb 2016

The International Centre for Automotive Technology at Haryana will authorise usage of labels for each vehicle model and its variant.

ONGC highest profit-making PSU, BSNL worst performer

ONGC highest profit-making PSU, BSNL worst performer

Rediff.com9 Jul 2014

Oil explorer ONGC again emerged as the highest profit-making PSU of the country during 2012-13 while telecom major BSNL turned out to be the biggest loss-making enterprise, says the Economic Survey.

ONGC asked to pay record Rs 13,796 cr subsidy for Q2

ONGC asked to pay record Rs 13,796 cr subsidy for Q2

Rediff.com1 Nov 2013

The Oil Ministry on October 31 issued orders asking upstream oil and gas producers like ONGC and Oil India Ltd to give Rs 16,729.74 crore (Rs 167.29 billion) to make up for 47 per cent of the Rs 35,328-crore (Rs 353.28 billion) revenue that retailers lost on selling diesel, domestic LPG and kerosene at government controlled rates in second quarter.

How Covid took devastating turn in 2021

How Covid took devastating turn in 2021

Rediff.com29 Dec 2021

A second wave of Covid driven by the Delta variant engulfed the country in May-June bringing the health system to its knees and leaving people gasping for help.

Indian crude oil at 4-month low to cut govt subsidy burden

Indian crude oil at 4-month low to cut govt subsidy burden

Rediff.com28 Jul 2015

The Indian basket represents the price of Oman and Dubai sour grade crude.

Own a car? No subsidised LPG for you

Own a car? No subsidised LPG for you

Rediff.com6 Dec 2017

The government had last year excluded those with an annual income of more than Rs 10 lakh from LPG subsidy

ONGC, Oil India to buy 10% stake in Indian Oil Corp

ONGC, Oil India to buy 10% stake in Indian Oil Corp

Rediff.com6 Mar 2014

State-owned ONGC and Oil India Ltd (OIL) are likely to buy a 10 per cent stake in Indian Oil Corp (IOC) from the government at Rs 220 per share, aggregating about Rs 5,300 crore (Rs 53 billion).

Prez, Veep, PM, other leaders condole Vizag deaths

Prez, Veep, PM, other leaders condole Vizag deaths

Rediff.com7 May 2020

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.

OMCs are bleeding now, tomorrow it may be our turn: ONGC chief

OMCs are bleeding now, tomorrow it may be our turn: ONGC chief

Rediff.com18 Jun 2013

ONGC's chairman and managing director Sudhir Vasudeva tells Business Standard that any price for natural gas that is more than $4.2 a unit is good for the company.

How oil cos plan to cut adulteration and diversion of fuel

How oil cos plan to cut adulteration and diversion of fuel

Rediff.com22 Dec 2017

The tankers carrying fuel from terminals to dealer outlets would not just have global positioning system (GPS) tracking but also an electronic key (e-key).

PowerMin puts media under lens; entry, meetings restricted

PowerMin puts media under lens; entry, meetings restricted

Rediff.com12 Sep 2014

On Monday, a journalist sat through a closed-door meeting between Goyal and state power ministers, in the guise of an event manager.

Dabhol-nama: Five things that made the plant unique

Dabhol-nama: Five things that made the plant unique

Rediff.com30 Oct 2015

Dabhol power plant is a lesson on what to avoid while setting up large infrastructure projects.

120 kmph winds, heavy rains: What Nisarga has in store

120 kmph winds, heavy rains: What Nisarga has in store

Rediff.com2 Jun 2020

The storm is likely to impact Mumbai, Thane and other coastal districts of Maharashtra like Raigad and Palghar along with Valsad, Navsari, Surat, Bhavnagar and Bharuch districts of Gujarat and Union Territory of Dadra and Nagar Haveli and Daman and Diu. Preparations for the impending cyclone were discussed at a meeting of the National Crisis Management Committee (NCMC), headed by Cabinet Secretary Rajiv Gauba, a home ministry statement said.

RIL agrees for CAG audit on KG-D6

RIL agrees for CAG audit on KG-D6

Rediff.com20 Nov 2014

CAG, in the third round of audit of KG-D6 as well as three other oil and gas fields, on November 11 wrote to RIL seeking records to audit spending in 2012-13.

Can India evade US's Iran oil sanctions?

Can India evade US's Iran oil sanctions?

Rediff.com24 Apr 2019

Whatever be India's course of action, it will have an impact on India-Iran ties, notes Aveek Sen.

Are we serious about curbing pollution? Bah!

Are we serious about curbing pollution? Bah!

Rediff.com31 Dec 2015

Govt may delay BS-V and -VI implementation by a year

ONGC and RIL's dream of making it big at KG basin has turned sour?

ONGC and RIL's dream of making it big at KG basin has turned sour?

Rediff.com15 Dec 2015

For India's upstream sector that has seen no new discovery coming into production.

Najeeb Jung: The man who may run Delhi

Najeeb Jung: The man who may run Delhi

Rediff.com13 Dec 2013

If an elected government had been sworn in, Jung's tenure and the government would have been more or less co-terminus and Jung would have been just the ceremonial head of Delhi. Now, he will run Delhi, pending another round of assembly elections, says Aditi Phadnis

Bureaucratic rejig at Centre: New secys appointed

Bureaucratic rejig at Centre: New secys appointed

Rediff.com13 Dec 2019

The appointment of new expenditure secretary comes a month-and-a-half ahead of the Budget for 2020-21 to be presented on February 1.

2017-18 divestment proceeds may exceed Rs 72,500 crore

2017-18 divestment proceeds may exceed Rs 72,500 crore

Rediff.com31 Oct 2017

For first time in 8 yrs, stake sale proceeds could exceed Budget Estimates. ONGC's acquisition of HPCL alone could get the exchequer more than Rs 30,000 crore.

Ready to help stranded from neighbouring, developing nations: India

Ready to help stranded from neighbouring, developing nations: India

Rediff.com1 Mar 2022

Tirumurti voiced deep concern for the safety and security of thousands of Indian citizens, including students, stranded in Ukraine.

BJP targets Rahul, says Cong engaging in doublespeak

BJP targets Rahul, says Cong engaging in doublespeak

Rediff.com8 May 2015

The BJP accused the Congress leader of playing politics in the matter.

Weak crude oil may bring Rs 88,800-cr gains this year

Weak crude oil may bring Rs 88,800-cr gains this year

Rediff.com9 Aug 2015

Indian basket at 6-month low of $49.11 a bbl

Petro-gate: Jubilant Energy's Subhash Chandra gets bail

Petro-gate: Jubilant Energy's Subhash Chandra gets bail

Rediff.com30 Apr 2015

A charge-sheet against Chandra and 12 others was filed.

BHP Billiton may not review India exit plan

BHP Billiton may not review India exit plan

Rediff.com5 Dec 2013

For simplification and a sharper strategic focus, BHP Billiton has been reassessing its global assets portfolio.

Pace of seeding Aadhaar numbers with bank accounts still a concern

Pace of seeding Aadhaar numbers with bank accounts still a concern

Rediff.com10 Jun 2013

The biggest problem is that those with Aadhaar numbers aren't coming forward for seeding these with bank accounts.

In US, Jaishankar replies to questions on Russian oil import

In US, Jaishankar replies to questions on Russian oil import

Rediff.com12 Apr 2022

India's total purchase of oil from Russia in a month is probably less than what Europe does in an afternoon, External Affairs Minister S Jaishankar said.

'General Zia was real startled'

'General Zia was real startled'

Rediff.com21 Mar 2024

'But he was very quick and did a very stylish adab.' 'Of course, I didn't expect him to hug.'

Railways in existential crisis but no stock market route: Prabhu

Railways in existential crisis but no stock market route: Prabhu

Rediff.com26 Apr 2015

Raiwalys in existential crisis but no stock market route: Prabhu.

Petrol price up Rs 36 a litre, diesel 26.58 in less than 18 months

Petrol price up Rs 36 a litre, diesel 26.58 in less than 18 months

Rediff.com23 Oct 2021

Petrol and diesel prices were hiked for the fourth consecutive day on Saturday by 35 paise per litre, pushing the total increase in rates on petrol to Rs 36 per litre and on diesel to Rs 26.58 since early May 2020 when taxes on the two fuels were raised to record levels. Petrol in Delhi now costs Rs 107.24 a litre and diesel comes for Rs 95.97, according to a price notification of state-owned fuel retailers. The latest increase that follows the unrelenting hike in international oil prices has pushed pump rates across the country to their highest-ever levels.

India-China: What's cooking?

India-China: What's cooking?

Rediff.com18 Jun 2019

'The fact that Modi and Xi exuded confidence to accelerate the negotiations for a border settlement alone underscores that the Russia-India-China triangle has become very dynamic,' notes Ambassador M K Bhadrakumar.

After 40% rise in Q1, capital expenditure dropped in July

After 40% rise in Q1, capital expenditure dropped in July

Rediff.com8 Sep 2020

Almost all infrastructure ministries continued spending on capex throughout the lockdown, even as the Centre tried to maintain some semblance of economic normalcy.

Ambani feud: RIL weighs options

Ambani feud: RIL weighs options

Rediff.com25 Jun 2009

RIL president and CEO (Oil and Gas) PMS Prasad, who met petroleum ministry officials to discuss under capacity production from the company's KG basin fields, said: "We have time till July 15 to decide. . . we are still evaluating our options."

Bofors was not the only controversy Quattrocchi courted

Bofors was not the only controversy Quattrocchi courted

Rediff.com15 Jul 2013

Quattrocchi lived in India for several years as the representative of an Italian firm, Snam Progetti, in the 1980s. He was close to the Gandhi family and in 1999 was named one of the accused in the case regarding the Rs 64-crore pay-off for the supply of 155 mm Howitzer guns made by Bofors, for which a controversial deal was signed in 1986 when Rajiv Gandhi was the prime minister.