News for 'Oil Ministry'

Exports up 19.37% to $38.13 bn in November

Exports up 19.37% to $38.13 bn in November

Rediff.com15 Dec 2025

India's exports jumped by 19.37 per cent to $38.13 billion in November, while imports dipped by 1.88 per cent to $62.66 billion, according to government data released on Monday.

India rebuts Trump aide's 'Modi didn't call' claim; says...

India rebuts Trump aide's 'Modi didn't call' claim; says...

Rediff.com10 Jan 2026

'Incidentally, Prime Minister (Modi) and President Trump have also spoken on the phone on eight occasions during 2025, covering different aspects of our wide-ranging partnership'

India breaks silence on US action on Venezuela, Maduro capture

India breaks silence on US action on Venezuela, Maduro capture

Rediff.com4 Jan 2026

India said it is closely monitoring the evolving situation in Venezuela and reaffirmed its support for the well-being of people of the country.

Trump claims India may exit Russian oil trade; New Delhi says no such move

Trump claims India may exit Russian oil trade; New Delhi says no such move

Rediff.com2 Aug 2025

On Friday, during the weekly media briefing, MEA spokesperson Randhir Jaiswal, when asked about media reports that some Indian oil companies have stopped taking oil from Russia, had said India has made clear its approach on the issue.

Ambani dispute: PMO seeks oil ministry's comments

Ambani dispute: PMO seeks oil ministry's comments

Rediff.com22 Jul 2009

Forwarding a letter written to Prime Minister Manmohan Singh, wherein the younger Ambani had sought a direction to the ministry of petroleum and natural gas 'to cease from overtly and covertly attempting to intervene in our commercial dispute with RIL," the PMO asked the ministry to examine the matter and submit their comments urgently.

India calls for ceasefire, hostage release; hails Gaza peace plan

India calls for ceasefire, hostage release; hails Gaza peace plan

Rediff.com4 Dec 2025

India has called for a ceasefire, release of all hostages, and peaceful resolution of the Israel-Hamas conflict through dialogue and diplomacy. The Centre informed Parliament that India welcomed the agreement on the first phase of the Gaza Peace Plan. The article also covers India's energy sourcing strategy and the release of Indian fishermen by Pakistan.

NCLT Mumbai okays demerger of Vedanta into 5 distinct entities

NCLT Mumbai okays demerger of Vedanta into 5 distinct entities

Rediff.com17 Dec 2025

The Mumbai Bench of the National Company Law Tribunal (NCLT) on Tuesday gave its approval to Vedanta Limited's demerger proposal, clearing the way for the group to reorganise its operations into five distinct, sector-specific entities.

India's GDP estimated to grow at 7.4% in FY26; fastest in the world

India's GDP estimated to grow at 7.4% in FY26; fastest in the world

Rediff.com7 Jan 2026

The Indian economy is likely to grow at 7.4 per cent in 2025-26, up from 6.5 per cent in the previous fiscal, mainly on account of better performance of manufacturing and services sectors, as per the government data released on Wednesday.

Exports up in first 3 weeks of Nov: Goyal

Exports up in first 3 weeks of Nov: Goyal

Rediff.com26 Nov 2025

India's merchandise exports grew in the first three weeks of November compared with the same period last year, according to preliminary government data, Commerce and Industry Minister Piyush Goyal said on Tuesday. The uptick comes despite globa

Iran says forces ready for war; accuses US, Israel of stoking unrest

Iran says forces ready for war; accuses US, Israel of stoking unrest

Rediff.com13 Jan 2026

Baghaei also alleged that recent unrest in Iran was fuelled by foreign interference, claiming riots were triggered by "very evident" interventionist remarks by US and Israeli officials.

Oil tanks sealed, but full risk remains in MSC Elsa wreck: DGS

Oil tanks sealed, but full risk remains in MSC Elsa wreck: DGS

Rediff.com14 Jun 2025

According to a situation report issued by the DGS, the oil containment measures have temporarily stabilised the situation, but full risk mitigation will happen only on successful commencement of saturation diving to extract the remaining trapped fuel oil from the vessel, MSC Elsa 3.

India, Russia Explore Duty Cuts to Rebalance Trade

India, Russia Explore Duty Cuts to Rebalance Trade

Rediff.com3 Dec 2025

Putin's State visit will centre on fixing the huge India-Russia trade imbalance, with both sides pushing to lower duties, ease non-tariff barriers, and seal a landmark mobility pact to send more Indian workers to Russia.

China hails Putin's India visit, calls for closer trilateral ties

China hails Putin's India visit, calls for closer trilateral ties

Rediff.com8 Dec 2025

China has reacted positively to Russian President Vladimir Putin's visit to India, emphasizing the importance of trilateral ties between China, Russia, and India for regional and global peace and stability.

PMO forwards Kejriwal's letter on gas price to Oil Ministry

PMO forwards Kejriwal's letter on gas price to Oil Ministry

Rediff.com13 Feb 2014

The Prime Minister's Office on Thursday forwarded to Oil and Petroleum Ministry a letter written by Delhi Chief Minister Arvind Kejriwal in which he has demanded that the decision to hike gas price extracted from KG basin be kept in abeyance till completion of a probe into the issue.

WPI inflation rises to (-) 0.32% in November

WPI inflation rises to (-) 0.32% in November

Rediff.com15 Dec 2025

Wholesale price inflation (WPI) came in at (-) 0.32 per cent in November, driven by an uptick in prices of food articles like pulses and vegetables on a month-on-month basis, government data showed on Monday.

India terms EU envoys' article unusual before key Putin visit

India terms EU envoys' article unusual before key Putin visit

Rediff.com3 Dec 2025

India and Russia are poised to sign multiple agreements to bolster cooperation in various sectors, including trade and healthcare, during Russian President Vladimir Putin's visit to New Delhi. Discussions will also address the Ukraine conflict and efforts to increase Indian exports to Russia.

Immediate need to hike fuel prices: Oil Ministry

Immediate need to hike fuel prices: Oil Ministry

Rediff.com22 May 2012

With rupee depreciation leading to jump in oil import bill, Petroleum Minister S Jaipal Reddy on Tuesday said there is an immediate need to raise fuel prices, but refused to say when the hike will actually take place.

Trump Diktat Threatens Oil PSUs Dividends In Venezuela

Trump Diktat Threatens Oil PSUs Dividends In Venezuela

Rediff.com3 Apr 2025

ONGC's overseas arm applied for a sanctions waiver to access $500 million dividend from two Venezuelan projects.

Core industries growth flat in October

Core industries growth flat in October

Rediff.com20 Nov 2025

Growth of eight key infrastructure sectors remained flat in October as expansion in output of petroleum refinery products, fertiliser and steel was offset by a contraction in coal and electricity production, according to official data released on Thursday.

What Weapons Will Putin Sell India On Rare State Visit?

What Weapons Will Putin Sell India On Rare State Visit?

Rediff.com29 Nov 2025

On the table are additional batches of S-400 surface-to-air missile systems from Russia, which India used with immense success during Operation Sindoor. India could buy at least two squadrons of Su-57 fighter jets plus joint production of S-500 air defence systems.

'Significant outcomes' expected as Putin to visit India

'Significant outcomes' expected as Putin to visit India

Rediff.com28 Nov 2025

Russian President Vladimir Putin will make a two-day visit to India from December 4 to hold annual summit talks with Prime Minister Narendra Modi that is expected to produce a plethora of significant outcomes, including in the defence sphere, to further solidify the bilateral strategic ties.

India looks to bet big on foreign drillers

India looks to bet big on foreign drillers

Rediff.com21 Jul 2025

India, the biggest contributor to world demand for oil, will bring into effect in an overhaul of its drilling policy. This comes after more than a year of preparation and will boost the exploration and development of India's oil and gas sector along with increased participation by foreign drillers

Corruption, favourtism, controversy dog oil ministry

Corruption, favourtism, controversy dog oil ministry

Rediff.com25 Jul 2011

In 49 years since the ministry was set up in 1962, there have been 41 ministers.

First phase of India-US trade deal nearing closure: Official

First phase of India-US trade deal nearing closure: Official

Rediff.com18 Nov 2025

The first phase of the proposed India-US bilateral trade agreement (BTA) is 'nearing closure' and would address the hefty 50 per cent tariffs imposed by the Trump administration on Indian goods, in addition to resolving America's market access issues, a government official said on Monday.

Banking, oil shares drag Sensex down 156 points

Banking, oil shares drag Sensex down 156 points

Rediff.com6 May 2025

Among Sensex firms, Eternal, Tata Motors, State Bank of India, Adani Ports, NTPC, IndusInd Bank, Bajaj Finance, Asian Paints, Axis Bank and Sun Pharma were the major losers. Bharti Airtel, Tata Steel, Mahindra & Mahindra, Hindustan Unilever, Nestle and Maruti were among the gainers.

Family says i20 driver was introvert, had few friends

Family says i20 driver was introvert, had few friends

Rediff.com11 Nov 2025

The family of a man suspected of involvement in the Delhi blast near Red Fort metro station has expressed disbelief, stating that he was an introvert focused on his studies and work.

Wholesale price inflation falls to (-) 1.21% in Oct on GST cut

Wholesale price inflation falls to (-) 1.21% in Oct on GST cut

Rediff.com14 Nov 2025

Wholesale price inflation (WPI) fell to (-) 1 .21 per cent in October, driven by a decline in prices of food articles like pulses and vegetables, as well as lower fuel and manufactured items' prices, government data showed on Friday.

US Reluctant To Cut Tariff For India

US Reluctant To Cut Tariff For India

Rediff.com27 Oct 2025

'What we are willing to do is definitely going to depend on what the Indian government wants to do.'

'Indian Youth Can Expect Career Growth In Russia'

'Indian Youth Can Expect Career Growth In Russia'

Rediff.com4 Dec 2025

'Don't look at Russia only as a place to earn quickly and then leave.' 'Try to build experience in serious companies, skills and certifications that will serve you anywhere in the world.'

India rejects Trump advisor's 'laundromat for Kremlin' remarks

India rejects Trump advisor's 'laundromat for Kremlin' remarks

Rediff.com5 Sep 2025

India has rejected White House Trade advisor Peter Navarro's comments on New Delhi for its procurement of Russian crude oil, calling them 'inaccurate and misleading'. The relations between New Delhi and Washington are on a downturn after President Donald Trump doubled tariffs on Indian goods.

I'm doing a trade deal with India: Trump in South Korea

I'm doing a trade deal with India: Trump in South Korea

Rediff.com29 Oct 2025

United States President Donald Trump on Wednesday said that the US is 'doing a trade deal with India' as the two sides continue to hold talks on the proposed trade pact.

Kremlin Didn't Know About Modi Gesture

Kremlin Didn't Know About Modi Gesture

Rediff.com5 Dec 2025

The Russians have termed Putin's visit to India, his first to this country since the outbreak of the Russia-Ukraine war, as 'Druzhba Dosti', which means 'friendship' in Russian and Hindi respectively.

Don't do deals with gun...: Piyush Goyal on trade talks with US

Don't do deals with gun...: Piyush Goyal on trade talks with US

Rediff.com24 Oct 2025

India does not do trade agreements in a hurry or with a "gun to our head", Commerce and Industry Minister Piyush Goyal said on Friday. He said India is actively negotiating trade pacts with countries and regions, including the European Union (EU) and the US.

Airfares May Surge After Court Order

Airfares May Surge After Court Order

Rediff.com19 Dec 2025

The cost of any flight from Delhi and Mumbai could rise by up to Rs 3,000 soon unless the airport regulator is able to reverse a court order.

India, US Fast-Track Trade Deal Talks

India, US Fast-Track Trade Deal Talks

Rediff.com17 Sep 2025

'A deal will only be possible if India stops buying Russian oil -- but even then, New Delhi must not compromise its core red lines.'

Govt does not fix gas prices: Oil Ministry

Govt does not fix gas prices: Oil Ministry

Rediff.com2 Jul 2007

Government has no role in fixing prices of natural gas produced from areas auctioned under NELP and only approves the pricing formula, petroleum ministry has told a committee of Secretaries appointed to look into the vexed issue.

How the oil ministry justifies KG gas price rise

How the oil ministry justifies KG gas price rise

Rediff.com10 Apr 2014

It added this wasn't aimed at benefiting Reliance Industries Ltd alone.

India-US trade deals: 'Both sides to push for early conclusion'

India-US trade deals: 'Both sides to push for early conclusion'

Rediff.com16 Sep 2025

The commerce ministry on Tuesday said the discussions with visiting US Chief Negotiator Brendan Lynch on the proposed bilateral trade agreement were positive and forward looking.