BJP has demanded a regulator for real estate sector to safeguard common man, in the upcoming Budget.
Known for his proximity to Bharatiya Janata Party leaders L K Advani and Murli Manohar Joshi, Tarun Vijay is the public face of the RSS.
Iran on Tuesday indicated that it may be willing to change the delivery point of gas it wants to sell to India through a pipeline passing through Pakistan, but wanted New Delhi and Islamabad to decide quickly on the $7.4 billion project.
Though the international crude prices were going up, the United Progressive Alliance government's approach was that the subsidy on petroleum products should continue as in the case of food and fertilisers.
The fire incinerated the bus and nobody could be retrieved so far.
Petroleum Minister Murli Deora will meet Civil Aviation Minister Praful Patel and chiefs of airlines and oil companies to discuss a solution for dues of over Rs 2,000 crore that the domestic carriers owe the state-owned oil marketers on fuel sales.
Petroleum Minister Murli Deora has announced that the cabinet will soon take a decision on fuel price hike.
A price reduction may be considered if crude oil falls to $61 per barrel, he said. The basket of crude oil India buys was at this year's lowest of $68.81 per barrel. Indian Oil, Bharat Petroleum and Hindustan Petroleum are currently losing about Rs 280 crore (Rs 2.8 billion) per day on sale of petrol, diesel, domestic LPG and kerosene as government has not allowed them to align retail prices with cost of production.
He was awarded the distinguished Flying Cross in 1944. This honour is equivalent to today's Param Vir Chakra. The Arjan Singh Trust for needy air force personnel was set up out of the proceeds of his farm house in Delhi being sold. He was a charismatic leader of men and lived up to the fine traditions of soldiering, says Group Captain Murli Menon (retd).
Prime Minister Manmohan Singh and UPA chairperson Sonia Gandhi discussed the Rs 225,040 crore (Rs 2250.40 billion) revenue loss oil PSUs face without raising price of petrol, diesel, LPG and kerosene and duty cuts this fiscal on three occasions but failed to give a clear verdict.
Unless the per barrel prices comes down to $67 level, the reduction in existing fuel prices, including petrol, diesel and LPG, should not be expected, Deora said while replying a volley of questions on whether the government would take a populist measure or reducing oil prices despite losses to oil marketing companies. Meanwhile, global crude oil prices today fell $10.52 at $96.37 per barrel in New York's main contract for November delivery.
A day after the Anil Dhirubhai Ambani Group declared it will be interested in buying out the Dabhol project whenever it is up for sale, Petroleum Minister Murli Deora categorically denied the Central government was considering any such proposal.
See who came to congratulate the newlyweds.
Oil Minister Murli Deora has said that petrol and diesel prices would not be cut till crude oil prices fell to $67 a barrel, since the depreciation in the rupee against the US dollar had eroded gains from falling oil prices, which touched a 7-month low.
Crude prices are hovering near $100 a barrel level after hitting a six-month low of $98 on Thursday. Petroleum Secretary R S Pandey said that crude prices are expected to fall even further.
Iranian President Mahmoud Ahmadinejad may have used a mix of charm and roguish coercion to let India know that he expected the Iran-Pakistan-India gas pipeline proposal to become a reality in 45 days. But India is in no hurry to take a decision, a top Cabinet minister in the United Progressive Alliance government said. The volatile political environment in Iran and Pakistan has as much weightage now and the UPA government is becoming more reluctant.
India hopes to conclude the acquisition of UK-listed Imperial Energy in 4-5 weeks, Petroleum Minister Murli Deora said on Friday. OVL is now awaiting approval of Kremlin to takeover the company, which has assets in Tomsk region of the western Siberia in Russia.
Kuwait Petroleum Corporation (KPC) is in talks with Reliance Industries and Indian Oil Corporation for investing in refineries and petrochemical plants in the country.
The allusion is simple: Modi is the BJP in Gujarat. This encapsulates a paradigm shift in the way the BJP's internal politics is now being run.
Three Indian authors are on the 2008 Booker Prize long-list. Will any of them win the feted prize?
"Will the government come up with a POTA-type law?" asked senior BJP leader Murli Manohar Joshi in the Rajya Sabha while participating in a discussion on serial bomb blasts in Uttar Pradesh.
GAIL has already been appointed as the nodal agency for the pipeline in India.
Crude oil prices have fallen to below $113 a barrel this week from all-time high of $147 per barrel witnessed last month. The basket of crude oil India buys averaged $109.88 per barrel, down from $119 a barrel price on June 4 when petrol, diesel and domestic cooking gas prices were raised.
The government on Monday ruled out any immediate increase in petrol and diesel prices despite a spurt in international crude oil prices.
Who would your 30 probables for the World Cup be? Please fill in your choices and don't forget to share it with as many members of your family, friends and colleagues so they can make their lists as well!
Taking Indo-Chinese co-operation in the oil sector a step forward, the country's biggest oil refiner and retailer, Indian Oil Corporation, has signed a memorandum of understanding with integrated Chinese national oil company Sinopec.
ONGC Videsh Ltd has much riding on $150 million investment plans in gas and oil exploration that Petroleum Minister Murli Deora says is critical for India's energy security. But apart from this, Myanmar apparently offers rich potential in engineering, fertilisers, tourism and pharmaceuticals for the private sector.
Indian Oil Corporation has developed an indigenous technology that can double LPG production in refineries, Petroleum Minister Murli Deora said on Thursday.
Hold your breath as Rediff.com brings to you some of the picturesque places that the cyclists race through at the Tour.
Iraq has invited Indian Oil Corporation, the country's largest oil refiner, to set up refineries in the war-torn country, and also participate in other downstream projects, a government statement said.
The Opposition National Democratic Alliance and the Third Front continued to disrupt proceedings in Parliament over the Indo-US civil nuclear agreement leading to adjournment of both Houses till 1600 hours.
GoM meeting regarding petro product price hike has been postponed and a decision on the prices will come only after Jan 28.
"Yesterday's GoM meeting was inconclusive as two ministers were not present. We did discuss some proposals and I hope the GoM and government will find a solution (to the spike in crude oil prices)," Petroleum Minister Murli Deroa told reporters in New Delhi on Friday.
Monday's meeting of the empowered group of ministers on pricing of gas from Reliance Industries' D6 block in the Krishna-Godavari basin has proved inconclusive.
The three government oil marketing companies, Indian Oil Corporation, Bharat Petroleum and Hindustan Petroleum, are losing Rs 320 crore a day as they sell at subsidised rates.
Already under fire from all quarters over special economic zones, an important parliamentary committee has firmed up its strong opposition over acquisition of farm land.
He sought oil bonds from the finance ministry to cover 57.1 per cent of the total Rs 77,000 crore losses suffered by the oil companies in 2007-08.
Also known as 'Serpent' for his skills of deception and evasion, 63-year-old Sobhraj had filed an appeal in the apex court against the life sentence given to him by the Kathmandu District Court, for the murder of American backpacker Connie Bronzich. He is suspected to have killed at least 12 travellers in India, Thailand and Nepal in the 1970s.
As N Chandrababu Naidu begins his new innings on Sunday as the chief minister of Andhra Pradesh, Prime Minister Narendra Modi assured him "all possible help" and hoped that his administrative experience will be great asset to the state.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances