News for 'Union Petroleum and Natural Gas'

BJP launches 'Atal Sandesh Yatra'

BJP launches 'Atal Sandesh Yatra'

Rediff.com23 Jan 2004

It was on the occasion of Netaji Subhash Chandra Bose's birth anniversary.

Press clubs deny space for Kashmir Files director's press conference

Press clubs deny space for Kashmir Files director's press conference

Rediff.com4 May 2022

Turned away by the Foreign Correspondents Club and the Press Club of India, The Kashmir Files director Vivek Agnihotri says he has been banned "undemocratically" and will go ahead with a press conference at a five-star hotel on Thursday.

Why ICICI Bank chose Girish Chaturvedi as its chairman

Why ICICI Bank chose Girish Chaturvedi as its chairman

Rediff.com4 Jul 2018

The ICICI board is looking to the retired petroleum secretary to provide 'maturity and sagacity'.

PHOTOS: Shah, Mamata share lunch at Patnaik's home

PHOTOS: Shah, Mamata share lunch at Patnaik's home

Rediff.com29 Feb 2020

The picture of Shah and Mamata sharing a lunch led to talks in the political circles about a possible scale down in their attacks on each other.

Hostile bidding has cost China dear: Aiyar

Hostile bidding has cost China dear: Aiyar

Rediff.com13 Jan 2006

Aggressive bidding between the two Asian giants in acquiring foreign assets have cost Beijing billions of extra dollars.\n

Crude realisation: Oil's slick grip threatens corporate margins, profits

Crude realisation: Oil's slick grip threatens corporate margins, profits

Rediff.com19 Apr 2024

Corporate margins and profits in India remain vulnerable to changes in crude oil prices in the international market. Historical quarterly data from listed companies (excluding banks, finance and insurance, oil and gas, and power sectors) indicate an adverse correlation between corporate margins and crude oil prices.

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.

10-year tax holiday for LNG sector

10-year tax holiday for LNG sector

Rediff.com14 Jan 2003

OIL to pick 49% in Assam co for Rs 230 crore

OIL to pick 49% in Assam co for Rs 230 crore

Rediff.com13 Jun 2013

A deal with the Assam government, which holds majority stake in the company through Assam Industrial Development Corporation Ltd, is likely by October.

Why prices of petrol, diesel are likely to rise

Why prices of petrol, diesel are likely to rise

Rediff.com21 Feb 2022

A proposal in the Union Budget 2022-23 to raise excise duty on dirtier, unblended retail petrol and diesel has met with some resistance from the petroleum ministry. However, finance ministry officials say no such communication arguing against the levy of extra duty on diesel has been received from the oil ministry. Until there are discussions between the two departments, the proposal will not be tweaked in the Finance Bill. The Rs 2 per litre additional excise duty proposed on unblended fuels in the Finance Bill will result in a uniform hike of diesel prices across the country from October 1.

Thousands join in as Modi leads nation in cleanliness drive ahead of Gandhi Jayanti

Thousands join in as Modi leads nation in cleanliness drive ahead of Gandhi Jayanti

Rediff.com1 Oct 2023

Wielding a broom, the prime minister took part in the drive along with fitness influencer Ankit Baiyanpuriya.

India's Sea Vigil mega exercise to cover 7516 km of coastline

India's Sea Vigil mega exercise to cover 7516 km of coastline

Rediff.com14 Nov 2022

India will kickstart on Tuesday a two-day multi-agency military exercise covering the country's 7,516 km-long coastline and exclusive economic zone with the twin aim of checking the preparedness of various agencies to deal with any eventualities and bolster overall maritime security, officials said.

Bureaucratic rejig: Health secy gets 3-month extension

Bureaucratic rejig: Health secy gets 3-month extension

Rediff.com26 Apr 2020

The Appointments Committee of the Cabinet, headed by Prime Minister Narendra Modi, has approved a three-month extension in Sudan's service, beyond the date of her superannuation, i.e. April 30, a personnel ministry order said. She will continue to function as the secretary of the Department of Health and Family Welfare during the period, it said.

KG basin controversy: SC seeks response from Reliance

KG basin controversy: SC seeks response from Reliance

Rediff.com16 Jan 2015

The Supreme Court on Friday granted six weeks time to Mukesh Ambani's Reliance Industries Ltd (RIL) to respond to the final CAG report which found alleged irregularities including in payments made to the contractors on drilling of D6 wells at the Krishna-Godavari basin.

IOC urges duty hike on SKO imports

IOC urges duty hike on SKO imports

Rediff.com4 Aug 2003

In a first, forest departments will be given LPG dealerships

In a first, forest departments will be given LPG dealerships

Rediff.com20 Jul 2017

Govt looks to take cooking gas to tiger reserves, Naxal-hit areas

Festive cheer: Prices of petrol, diesel cut

Festive cheer: Prices of petrol, diesel cut

Rediff.com4 Nov 2021

Petrol price on Thursday was cut by Rs 6.07 per litre and diesel price by Rs 11.75 in Delhi as oil companies passed on a record reduction in excise duty rates to consumers. Buckling under pressure, the government had on Wednesday cut excise duty on petrol by Rs 5 per litre and that on diesel by Rs 10 a litre to give reprieve to consumers battered by record high retail fuel prices. Since states charge local sales tax or VAT not just on the base price but also on the excise duty levied by the centre, the total incidence of price reduction is higher.

Team Modi reshuffle: 4 ministers promoted to Cabinet rank

Team Modi reshuffle: 4 ministers promoted to Cabinet rank

Rediff.com3 Sep 2017

Dharmendra Pradhan, Mukhtar Abbas Naqvi, Nirmala Sitharaman and Piyush Goyal have been elevated to Cabinet ministers.

Modi's new ministers take charge a day after expansion

Modi's new ministers take charge a day after expansion

Rediff.com8 Jul 2021

Health Minister Mansukh Mandaviya, Civil Aviation Minister Jyotiraditya Scindia, Railway Minister Ashwini Vaishnaw and other ministers took charge of their respective offices on Thursday, a day after taking oath at a ceremony held in the Darbar Hall of the Rashtrapati Bhavan.

Who stops us from correcting 'distortions' in history, asks Shah

Who stops us from correcting 'distortions' in history, asks Shah

Rediff.com25 Nov 2022

'If we do this, we will see that the true history of India will be established and the lies will end spontaneously'

Ram Naik sworn-in as UP Governor

Ram Naik sworn-in as UP Governor

Rediff.com22 Jul 2014

Senior Bharatiya Janata Party leader and former Union Minister Ram Naik was on Tuesday sworn-in as the 27th Governor of Uttar Pradesh at a ceremony held in Raj Bhawan in Lucknow.

Govt lends HELP to revive oil sector

Govt lends HELP to revive oil sector

Rediff.com11 Mar 2016

The pricing and marketing freedom for exploitation would be capped by a ceiling price.

Government of the people or for Reliance?

Government of the people or for Reliance?

Rediff.com24 Feb 2014

'If the government starts playing favourites, if the government acts in a manner which is not transparent, then natural resources which belong to not just you and me, but future generations, they fritter away. The anger against corruption, the anger against India's natural resources being looted is a consequence of the fact that within society there is a huge amount of turmoil and discontentment. Why should an Empowered Group Of Ministers or the Cabinet Committee on Economic Affairs decide the administered price of gas?' asks Paranjoy Guha Thakurta in this exclusive interview with Rediff.com's Sheela Bhatt.

Why prices of petrol, diesel will continue to remain high

Why prices of petrol, diesel will continue to remain high

Rediff.com16 Aug 2021

Finance Minister Nirmala Sitharaman on Monday ruled out a cut in excise duty on petrol and diesel to ease prices, which have touched an all-time high, saying payments in lieu of past subsidised fuel pose limitations. Petrol and diesel as well as cooking gas and kerosene were sold at subsidised rates during the previous Congress-led UPA government. Instead of paying for the subsidy to bring parity between the artificially suppressed retail selling price and the cost that had soared because of international rates crossing $100 per barrel, the then government issued oil bonds totalling Rs 1.34 lakh crore to the state-fuel retailers. These oil bonds and the interest thereon are being paid now.

PSU Disinvestment: Modi Missing The Bus

PSU Disinvestment: Modi Missing The Bus

Rediff.com3 Oct 2023

'Inter-ministerial coordination, information on the proposed PSUs, and due diligence are taking longer than expected to conclude the process.'

3 big-ticket divestments: Govt to sell stake in BPCL, SCI, Concor

3 big-ticket divestments: Govt to sell stake in BPCL, SCI, Concor

Rediff.com20 Nov 2019

At the same time, the Cabinet approved reducing government's stake in select PSUs such as IOC to below 51 per cent while continuing to retain management control.

Silver lining for RIL shareholders in $1.5 billion penalty

Silver lining for RIL shareholders in $1.5 billion penalty

Rediff.com5 Nov 2016

Over the past decade, RIL has never announced lesser dividend to its shareholders even when faced with lower profits

Follow-up reforms needed after diesel decontrol

Follow-up reforms needed after diesel decontrol

Rediff.com20 Oct 2014

A new formula for pricing natural gas in the domestic market was determined; the decontrol of diesel prices was announced; and the scheme that directly transferred subsidies to bank accounts of users of liquefied petroleum gas (LPG) cylinders was modified and relaunched.

Murli Deora: The politician who was loved by all

Murli Deora: The politician who was loved by all

Rediff.com24 Nov 2014

Congress stalwart Murli Deora passed away on Monday morning after battling a prolonged illness. He was a politician who shared rapport across the political and corporate spectrum.

Pak in talks with India over gas supply

Pak in talks with India over gas supply

Rediff.com15 Jun 2013

Pakistan's demand for gas stands at 8 billion cubic feet while the current production is 4 billion cubic feet.

Prez, VP, other leaders clap, ring bells to thank Covid heroes

Prez, VP, other leaders clap, ring bells to thank Covid heroes

Rediff.com23 Mar 2020

President Ram Nath Kovind along with First Lady Savita Kovind, Vice President Venkaiah Naidu and other leaders joined the fellow citizens on Sunday to express their gratitude towards all those who are safeguarding the health of the nation in wake of the coronavirus outbreak.

It's the Centre not states who don't want GST on fuel

It's the Centre not states who don't want GST on fuel

Rediff.com12 Mar 2021

Many states are open to the idea of petrol and diesel being brought under the goods and services tax (GST) regime - contrary to the perception that they are averse to it - but they want a concrete proposal, including a compensation mechanism, from the Centre. West Bengal Finance Minister Amit Mitra says while the issue can be discussed, the Centre may not be keen to bring the change because it earns "much more" from taxes on petrol and diesel. "(The peak rate of) GST is 28 per cent. Under the regime, the Centre would only get 14 per cent. "So, definitely, the Union government does not want GST on fuel. It is all lies. Currently, they are in a very cozy place," Mitra said.

Delhi becomes first kerosene-free city in India

Delhi becomes first kerosene-free city in India

Rediff.com17 Jun 2014

The scheme was launched in 2012 in collaboration with three Oil Marketing Companies and Union Ministry of Petroleum and Natural Gas for which Delhi Government had incurred an expenditure of Rs 62 crore (Rs 620 million).

Few bold steps that ONGC took to beat private players

Few bold steps that ONGC took to beat private players

Rediff.com9 Dec 2015

ONGC must tackle several issues first only then it can turnaround its fortunes.

Only Punjab, Arunachal gave data on Covid deaths due to O2 shortage: Govt

Only Punjab, Arunachal gave data on Covid deaths due to O2 shortage: Govt

Rediff.com3 Dec 2021

Punjab has sent an email saying that four deaths suspected to be due to lack of oxygen have been reported in a private hospital in Amritsar district, Union health minister Mansukh Mandaviya said in a written reply.

Shah, Sitharaman stand tall among ministers

Shah, Sitharaman stand tall among ministers

Rediff.com22 Jul 2021

Strengthening the portfolios of the home minister and the finance minister is a message that should not be missed, points out A K Bhattacharya.

Jaipal Reddy: An articulate leader who never compromised on values

Jaipal Reddy: An articulate leader who never compromised on values

Rediff.com28 Jul 2019

He served as Union minister of information and broadcasting in the IK Gujral government and was allotted different portfolios in the Manmohan Singh government.

States unwilling to impose GST on petro products

States unwilling to impose GST on petro products

Rediff.com22 Sep 2017

While the Centre is criticised for not cutting excise duty on petroleum products, it is the states which gain more from the rise in their prices

Modi reviews preparedness to tackle cyclone Yaas

Modi reviews preparedness to tackle cyclone Yaas

Rediff.com23 May 2021

Modi called for timely evacuation of those involved in off-shore activities.

Ujjwala beneficiaries have time till Sep to avail free LPG

Ujjwala beneficiaries have time till Sep to avail free LPG

Rediff.com8 Jul 2020

The relaxation would be available only to those beneficiaries who have been credited with the advance for buying the cylinder but have not been able to purchase the refill.