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India | Aug 31, 2018, 08:16 PM
Earlier today, the Indian rupee slumped to a record low of 71 against the US dollar by falling 26 paise on persistent demand for the US currency amid rising crude prices.
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India | Aug 03, 2018, 05:35 PM
Oil Minister Dharmendra Pradhan on Friday said the government will file an appeal in High Court against a ruling by an international tribunal which rejected its USD 1.55 billion claims against Reliance Industries for allegedly siphoning gas from fields operated by state-owned ONGC
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Business | Jun 08, 2018, 01:44 PM
However, despite the cut, petrol prices were hovering above the Rs 80-mark in Mumbai, Kolkata and Chennai.
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India | May 24, 2018, 08:15 PM
The minister recalled the central government had in October last year reduced the excise on fuel by Rs 2 per litre keeping in view the interest of the poor people, adding the Centre is looking at both short and long term solutions this time.
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Business | May 23, 2018, 12:53 PM
In Mumbai, petrol touched an all time time of Rs 84.99 per litre, while diesel was being sold at Rs 77. 76 per litre. Both the major petroleum products witnessed a hike of 29 paise per litre and 28 paise per paise per litre respectively.
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Business | May 22, 2018, 10:54 PM
Amid the “crisis situation” created by rising fuel prices, BJP President Amit Shah on Tuesday said that the Centre taking the issue of oil prices seriously, and that it is working out on a formula to reduce the rates.
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Business | May 08, 2018, 10:14 PM
Awards from the 9th CGD licensing round would help bring gas coverage to 174 districts in 22 states and Union Territories, covering 29 per cent of the country's area and 24 per cent of the population, Pradhan said.
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India | Apr 20, 2018, 10:13 PM
Both the central and state governments have started making up their mind in this regard, he said. Petroleum products are out of GST ambit which was rolled out in July last year.
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India | Jan 13, 2018, 04:24 PM
“India’s refining capacity must increase to about 600 million tonnes by 2040, from about 247 million tonnes currently. We have to add 20 million tonnes in every two-three years to achieve the target,” Pradhan said.
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Business | Oct 11, 2017, 10:20 PM
India will send three lakh youth to Japan for on-job training for 3-5 years as part of the government's skill development programme.
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Business | Oct 11, 2017, 11:00 AM
The Oil minister said the government will soon come up with a gas trading platform.
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Business | Oct 10, 2017, 09:23 PM
India will offer foreign investors USD 300 billion worth of investment opportunities in energy projects over the next decade, Oil Minister Dharmendra Pradhan said today.
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Business | Oct 08, 2017, 09:22 PM
India today pressed oil cartel OPEC to adopt "responsible pricing" for oil and consider the world's third-biggest oil consumer as its preferred sales destination
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Business | Oct 04, 2017, 07:52 PM
Petroleum Minister Dharmendra Pradhan on Wednesday urged the state governments to cut Value Added Tax (VAT) on fuel by 5 per cent
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Business | Oct 03, 2017, 01:40 PM
The cost of diesel touched a lifetime high of Rs 59.14 per litre in capital Delhi on Tuesday.
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Politics | Oct 03, 2017, 07:42 PM
Pradhan Mantri Sahaj Bijli Har Ghar Yojana 'Saubhagya' launched on the birth anniversary of Hindutv icon Deendayal Upadhyaya will entail free electricity connections to poor households, PM Modi said.
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Business | Sep 23, 2017, 06:22 PM
Dharmendra Pradhan attributed the recent hikes in fuel prices to the market fluctuations caused by the hurricanes Irma and Harvey in the US that caused market fluctuations.
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Politics | Sep 18, 2017, 12:31 PM
The Ministry of Petroleum has requested the Ministry of Finance to bring petroleum products under the ambit of GST, Oil Minister Dharmendra Pradhan said today.
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Sep 13, 2017, 08:53 PM
Oil Minister Dharmendra Pradhan on Wednesday ruled out government intervention to disrupt the daily revision in petrol and diesel prices despite Rs 7.3 per litre spike in rates since July, saying the reform will continue
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Politics | Sep 04, 2017, 12:19 PM