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  Will petrol, diesel prices be slashed amid cheaper crude? Check what Oil Ministry official says

  Business | September 19, 2024 17:39 IST

  A decline in price of crude oil -- which is converted into fuels like petrol and diesel at refineries -- had rekindled hopes for a reduction in petrol and diesel rates that have been on a freeze for over two years now barring a pre-election reduction earlier this year.

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  Oil ministry proposes higher age limit, shorter tenure for ONGC chairman

  Business | June 19, 2022 21:29 IST

  Presently, the minimum age prescribed for being eligible for the top job is 45 years.

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  Jet fuel price hiked by 6 pc; LPG costlier by Rs 1.50 a cylinder

  Business | October 01, 2017 16:35 IST

  LPG price was hiked by Rs 1.50 per cylinder in line with the government decision to raise rates every month to eliminate subsidies by March.

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  Oil Ministry red-flags Sunday holiday for petrol pumps

  April 20, 2017 17:48 IST

  Already, the All India Petroleum Dealers Association, which claims to represent 80 per cent of the 53,224 petrol pumps of public sector oil firms, has said it is not participating in the closure exercise.

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  Petrol pumps to not accept card payments from tomorrow

  January 08, 2017 18:51 IST

  Taken aback by the sudden move of banks to levy 1 per cent transaction fee on card payments at petrol pumps, the owners will stop accepting plastic money from Monday. “In view of the debit

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  Taxpayers earning over Rs 10L may have their LPG subsidy blocked

  December 20, 2016 21:01 IST

  Taking forward the government's initiative to effectively block subsidised cooking gas to higher income groups, the Income Tax department will soon begin sharing personal data--like PAN, residential address and mobile number--of a taxpayer earning ov

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  Gas price cut by 8% to $4.66 /Unit

  March 31, 2015 17:39 IST

  New Delhi: Natural gas prices was today cut by about 8 per cent to USD 4.66 a unit to reflect the softening in international prices, a move that will lower electricity and fertiliser costs.Oil Ministry's

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  Oil ministry staffer made Rs 5 lakh a month selling papers, claims report

  India | March 17, 2015 12:14 IST

  New Delhi: Lalta Prasad, former Petroleum Ministry staff covertly made 12 sets of confidential government documents and provided them to top energy firms.According to the three-page interrogation report of Prasad (36), has been stealing and

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  Corporate espionage: Delhi police questions RIL president

  India | February 27, 2015 12:16 IST

  New Delhi: Delhi Police informally questioned Reliance Industries Limited president (corporate affairs) Shankar Adawal in corporate espionage case on Thursday.The police seized Adawal's computer during a quiet raid at his office, according to a report

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  Corporate espionage effect: Govt to overhaul security in sensitive ministries

  India | February 23, 2015 10:06 IST

  New Delhi: The government is planning to tighten security measures in the sensitive ministries. The  government will install CCTVs in ministries like Home, Defence, Telecom, Finance, Power, Coal, Environment and Petroleum.This comes after the Delhi

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  Those who subverted system will be punished: Oil Minister Dharmendra Pradhan

  Politics | February 22, 2015 17:49 IST

  New Delhi: After the leak of documents from his ministry, Petroleum Minister Dharmendra Pradhan on Sunday asserted that all those who subverted the system would be punished. He, however, made it clear that the government

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  Corporate espionage: Oil Ministry typist hired by a leading firm for a hefty pay packet

  India | February 22, 2015 14:42 IST

  The sensational corporate espionage case, in which confidential documents were allegedly leaked, is getting serious and wider in scope day by day.On Friday, the Delhi police arrested five executives including manager (corporate affairs) Reliance Industries

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  Corporate Espionage: NSA Ajit Doval had cautioned ministers against leakage of documents

  India | February 21, 2015 14:10 IST

  New Delhi: National Security Advisor Ajit Doval in his meeting held with Cabinet Ministers with sensitive charges in December last year, had cautioned them against leakage of sensitive documents and classified information.That was a follow-up

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  Corporate Espionage: Low rank staffs are field agents in trading network

  India | February 21, 2015 11:37 IST

  New Delhi: The low rank staffs like peons of oil and other ministries were working as the field agents who have access to classified files and overhear any important conversation, investigators said on Friday.According to

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  Corporate Espionage: The nexus that operated to trade information

  India | February 21, 2015 9:45 IST

  New Delhi: The corporate espionage that was happening inside the oil ministry involved a numerous close connections which traded information under the nose of top authorities.While the oil ministry has emphatically cracked down on moles

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  Will fully cooperate in corporate espionage probe: Reliance ADAG

  India | February 21, 2015 7:28 IST

  New Delhi: A Reliance ADAG group firm has said it will "fully cooperate" with the investigative agencies after one of its executives was arrested in connection with the sensational corporate espionage scandal."We are not aware

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  Corporate Espionage: IB officials say accused had also leaked papers from coal and power ministries

  India | February 20, 2015 18:00 IST

  New Delh: Intelligence Bureau (IB) has said that it had informed the Home Ministry about the spying and leaking of sensitive government documents across various ministries. The arrested men in the corporate espionage case had

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  End of logjam: Oil Ministry clears development of discoveries worth Rs 150,000 crore

  February 17, 2015 16:13 IST

  New Delhi: Ending months of logjam over discoveries mired in contractual disputes, the Oil Ministry has used the recently granted freedom to clear development of oil and gas discoveries worth about Rs 150,000 crore.The ministry

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  Oil Ministry seeks Rs 22,101 crore in fuel subsidy

  February 05, 2015 16:57 IST

  New Delhi: Oil Ministry has sought Rs 22,101 crore in fuel subsidy for the second half of current fiscal so as to almost exempt oil producers ONGC and Oil India Ltd from any payments.Since global

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  Oil Ministry to cut subsidy burden of ONGC, adjust its cess payment

  December 08, 2014 16:58 IST

  New Delhi: In a big boost to ONGC, the Oil Ministry is reworking the fuel subsidy sharing formula to cut its payout by a quarter through adjustment of statutory oil  cess against its share. According