The government on Friday said it would not increase the cooking gas and kerosene prices despite escalation in the prices globally.
Petroleum Minister Ram Naik has mooted sale of 12-15 per cent of government equity in oil refiner Indian Oil Corporation and exploration giant Oil and Natural Gas Corporation in the capital markets to shore-up state finances.
The process of divestment of HPCL and BPCL, the two public-sector oil companies, would not be set in motion till the Lok Sabha has discussed the issue, Union Petroleum Minister Ram Naik said on Saturday.
While hinting that further cut in petrol and diesel prices was likely during the next revision, Petroleum Minister Ram Naik on Saturday ruled out any possibility of increase in prices of LPG and kerosene
The government said on Tuesday that oil marketing companies are considering price revision of domestic LPG due to increase in international prices.\n\n\n\n
Petroleum Minister Ram Naik is likely to meet Finance Minister Jaswant Singh on January 30 to seek excise duty cut on petroleum products in view of excessive volatility in international crude oil prices.\n\n\n\n
A meeting of the Group of Ministers on freeing natural gas pricing from government control would be held next month, Petroleum Minister Ram Naik said in Lok Sabha on Thursday.
The government on Tuesday said that it was in talks with CNPC of China and Petronas of Malaysia for buying their share of 8.4 million tonnes per annum of crude oil in a Sudan oil field where state oil firm ONGC Videsh Ltd has taken 25 per cent stake.
"We did not bathe or shave for three months and on several occasions quenched our thirst by eating ice," recalled braveheart Naik Praveen on the 26th anniversary of Kargil Vijay Diwas Saturday.
The home ministry on Thursday announced the Padma awards which included five Padma Bhushan, 17 Padma Bhushan and 110 Padma Shri.
The Lok Sabha witnessed a display of linguistic diversity on Monday, with the newly-elected MPs taking their oaths in English and Indian languages, including Sanskrit, Hindi, Dogri, Bengali, Assamese and Odia.
Major Syed Moiz Abbas Shah, 37, was killed on Tuesday in a clash with the Taliban militants in the Sararogha area of South Waziristan near the Afghan border, according to a statement by the Inter-Services Public Relations (ISPR), the media wing of the army.
Maharashtra Deputy Chief Minister Ajit Pawar and Rashtriya Swayamsevak Sangh chief Mohan Bhagwat were among the early voters to exercise their franchise as polling was underway on Wednesday for the state assembly elections.
'5465 was over 17,000 feet -- our eyes were out of the sockets by the time we got to the top.' 'We had not eaten in 2-3 days and climbed in extremely difficult terrain.' 'I was there for 5-6 days, but had to be evacuated because I started vomiting blood.'
It was an illustrious gathering in Kanpur on Thursday as the Board of Control for Cricket in India felicitated its former Test captains including Sunil Gavaskar, Ravi Shastri, Mohammad Azharuddin, Sachin Tendulkar, Sourav Ganguly, Anil Kumble and Mahendra Singh Dhoni among others to celebrate India's 500th Test match.
The principal of a college in Odisha was arrested after a student set herself ablaze following alleged sexual harassment. The incident has sparked protests and political tensions in the state.
A total of 1.71 lakh earthen lamps were lit up at the grand event while a chopper decorated as the mythological 'Pushpak Viman' descended on the Ram Katha Park with artistes decked up to resemble Lord Ram, Sita and Laxman.
Three days before quitting office, Lalu Prasad issued an order to give a life-long AC first class complimentary pass for ex-railway ministers along with three companions. Mamata Banerjee, who doesn't use red beacon-fitted car entitled for ministers and foots her own food bills, clearly signalled she would not allow Lalu's largesse to continue. "If we give more seats to ministers, we deprive common people from getting tickets," she said.
Why blame the petroleum minister for not hiking oil prices when no one else is arguing for market prices?
Bollywood actor and former Congress Lok Sabha MP Govinda on Thursday joined the Shiv Sena in the presence of Maharashtra Chief Minister Eknath Shinde in Mumbai.
All eyes are now on the Sena factions, led by CM Shinde, backed by the BJP, and his predecessor Uddhav Thackeray, and their performance in the coastal belt in the November 20 polls.
Photographs of the saffron cadres brandishing rifles, swords and even lathis (sticks) in the camps in some Bajrang Dal-managed schools had gone viral on social media and news channels.
On Monday, President Pranab Mukherjee announced the names of four new governors, following a series of quick resignations from various states across the nation. Here's a lowdown.
Amid the din, the governor kept reading out his speech.
Sangam refers to the confluence of Ganga, Yamuna, and Saraswati rivers.
State BJP spokesman Keshav Upadhya termed it as "vendetta politics", while former chief minister Fadnavis said this would not impact his plans to travel and meet people.
Former Chief Minister of Uttar Pradesh Kalyan Singh was sworn-in as the 20th Governor of Rajasthan on Thursday. Chief Justice of Rajasthan high court Sunil Ambwani administered the oath of office to Singh at a ceremony held at Raj Bhawan.
Union oil and petroleum minister Ram Naik will travel to Tehran to discuss the prospect of importing liquefied natural gas and to boost bilateral cooperation in the energy sector.
The pricing of natural gas will be discussed by the group of ministers concerned on January 29, Union Petroleum Minister Ram Naik said on Wednesday. \n\n\n\n
Former Petroleum Minister Ram Naik has flayed the UPA government lowering prices of aviation turbine fuel (ATF), saying India is the only country where ATF is cheaper than petrol.
The oil companies can increase the price differential and justify the higher price by offering enhanced services to those who pay more per litre of petrol or diesel.
'In his four years as MP, Mr Govinda has only spoken twice in the Lok Sabha,' says Ram Naik, the former BJP MP who Govinda defeated in the 2004 Lok Sabha election.
State-owned Gas Authority of India Ltd has discovered oil and gas near Ahmedabad, in onshore block awarded under the exploration policy.
Petroleum Minister Ram Naik said on Thursday that he expected a new government in Iraq to honour any oil exploration contracts held by Indian companies.
Petroleum Minister Ram Naik said on Wednesday that he would forward to the Cabinet Committee on Divestment the proposals from public sector units under his ministry to bid for Hindustan Petroleum Corporation Ltd after examining individual proposals.
'What are the circumstances at that time? Had you thought Modi will come after Vajpayee?'
