The Finance Ministry has sought comments from stakeholders.
The government will take home Rs 4,022 crore (Rs 40.22 billion) by way of interim dividend bonanza declared by the state-owned oil companies in the last one week.
State-owned refiner Indian Oil Corp and its exploration partner Oil India Ltd plan to bid for two onshore oil and gas exploration blocks in Myanmar.
The sharp rise in oil prices is threatening to derail not only the long-term expansion plans of government oil marketing companies, which control over 95 per cent of the market, but also their day-to-day operations.
Dr G Padma Vijay's latest book has recipes for all.
The petroleum ministry has projected a strong year for the oil marketing companies though the largest exploration company, Oil and Natural Gas Corporation, is projected to post a moderate gain in its bottomline.
The Indian economy is expected to have grown at 9.08 per cent in 2007-08, as against 9 per cent reported earlier, Finance Minister P Chidambaram told Parliament on Tuesday even as the UPA government won the trust vote in the Lok Sabha to remain in power.
The 150cc bike segment in the country is witnessing commendable growth every passing day.
Though it's not the first time an Indian actor is working offshore, Dimple's gig in Tenet, has us thrilled.
The bank has agreed to provide up to $1 billion to Tata Steel's special purpose vehicle, Tata Steel UK, to refinance $7.2 billion of bridge loans taken for the biggest buyout by an Indian company.
Indian Oil Corporation plans to invest about Rs 25,000 crore (Rs 250 billion) for setting up a new 15 million tonnes refinery and petrochemicals complex at Ennore in Tamil Nadu to maintain its position as India's largest refiner.
ICICI Bank on Sunday said there is also enough space for Chinese banks to play a complementing role in the India.
While the government is working on final contours for a strategic divestment of its stake in loss-making Air India, the airline is ready with plans to fly to more overseas destinations.
A combination of externalities such as global trade wars and slowing growth, continuing glitches in accessing offsets under the GST regime, which has created a liquidity crunch for smaller exporters, and the growing competitiveness of smaller countries are causing the slowdown.
Opponents of the CAA and NRC have gone to town accusing the BJP of an ulterior motive (read, disenfranchisement of Muslims) in implementing the NRC. By the same token it can be alleged that anti-CAA opponents have a nefarious agenda in mind that would be scuttled by the implementation of the NRC: Namely the accrual of dedicated vote banks and the restoration of Muslim hegemony over at least parts of India, especially Bengal and Assam, argues Vivek Gumaste.
The government has signed Bippas with 72 nations.
British Petroleum chairman Sir John Browne is likely to visit India next month to explore oil and gas opportunities in Asia's third largest economy.
Indian oil and petrochemical company Reliance Industries is considering oil sector acquisitions in Europe and the United States and a possible listing in New York or London, a senior executive said on Tuesday.
Low fuel prices to help oil marketing and refining sectors but upstream players will stay under pressure.
Benzema to stand trial in sex tape case, says lawyer.
The Suzuki Burgman Street steps up the style quotient with its maxi-scooter looks, but is the same as the Access 125 in many ways. So, is it worth paying Rs 9,000 extra?
The rupee appreciated by 29 paise to close at 63.38 against the greenback following fresh dollar selling by exporters.
'Why can I not access all these things -- Bhut Jolokia, Dalle, Kaachu, Bhakri, Ghari and everything else -- more easily?' asks Aakar Patel.
The Cabinet has approved a framework of understanding on cooperation in hydrocarbons with Bangladesh recently.
India's third biggest state-owned refiner Bharat Petroleum may invest in oil and gas blocks in South East Asia as it expands it production assets, especially in the view of soaring demand for fuel.
Reliance Industries Ltd, India's largest private sector refiner, will restart operations at its Jamnagar refinery LPG-making unit next week, company Nikhil Meswani, executive director said on Monday.
HDFC, ONGC, Maruti Suzuki, HeroMoto Corp and Bajaj Auto gained the most on BSE Sensex
State-run Indian Oil Corporation on Wednesday it was incurring a loss of Rs 50 crore (Rs 500 million) per day on sale of all fuel products but petrol.
This is a part of the company's plan to raise $13 billion debt to fund expansion of its petrochemical production capacity and gasification project for its refining facilities to improve margins.
The cancellation of the project has far-reaching implications for the IAF, for which this was once its high-tech future fighter.
L N Mittal's foray into oil and gas trading business through a joint venture with ONGC is facing fresh opposition from refiner Indian Oil Corp, which feels the JV is ineligible to bid for its tenders.
At $12-bn valuation, this will be India's largest FDI; deal to be announced on Saturday, says Dev Chatterjee.
Barbour Griffith & Rogers, which has been hired by India, is headed by Robert D Blackwill, former US ambassador to New Delhi.
Work on a dozen decisions to start by next week.
The phrase 'salt to taste' is a misnomer in the Indian context.
The 2016 upstart, called Jio, dislodged rivals and has emerged as the nation's No. 4 carrier by offering call services free for life and data transmission at dirt cheap rates.
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