Petroleum
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Govt slashes windfall tax on petrol, diesel and ATF exports from June 1
Business | May 31, 2026, 02:17 PM ISTThe windfall tax was first introduced to manage fuel availability in the domestic market and prevent exporters from taking advantage of global price differences.
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India's Russia imports down 40% in January, crude oil hit hardest
India | Feb 18, 2026, 11:07 AM ISTIndia’s merchandise imports from Russia have reportedly plunged by around 40 percent in January, mainly because Indian refiners drastically reduced their crude oil purchases.
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WPI inflation surges to 16-month high of 3.36 per cent in June on costlier vegetables
Business | Jul 15, 2024, 04:06 PM ISTWholesale inflation in India reached a 16-month high of 3.36% in June, driven by rising prices of food articles, especially vegetables, and manufactured items. This marks the fourth consecutive month of increasing inflation, up from 2.61% in May.
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Indian Youth Congress stages protest in front of Petroleum Ministry against rising fuel prices| PICS
India | Sep 02, 2021, 04:33 PM ISTA day after former Congress president Rahul Gandhi attacked the government on the issue of inflation and rise in fuel prices, the party's frontal organizations -- youth and women wings -- on Thursday held protests against the government on the issue in New Delhi.
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Afghanistan's $3 trillion worth of natural assets in Taliban's control
World | Aug 20, 2021, 05:02 PM ISTThe Afghan ministry of mines and petroleum has estimated the mines and natural resources of Afghanistan worth $3 trillion. Officials in the ministry said that they have found 1,400 spots possessing various types of natural resources such as natural gas, coal, salt, uranium, copper, gold, and silver, Afghan media reports said.
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US Special Presidential Envoy for Climate meets Dharmendra Pradhan
News | Apr 07, 2021, 05:29 PM ISTUnited States Special Presidential Envoy for Climate John Kerry on April 07 met Union Minister for Petroleum and Natural Gas Dharmendra Pradhan in the national capital.
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Petroleum Minister Pradhan allays fears of non-telcos PSUs over AGR dues
Business | Feb 17, 2020, 06:24 PM ISTOil Minister Dharmendra Pradhan on Monday said he believes non-telecom PSUs are not covered by the Supreme Court order that asked telecom licence holders to pay statutory dues after including non-telecom revenues.
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Non-OPEC countries agree to extend supply cuts until next March
World | Jul 03, 2019, 06:43 AM ISTThe countries made the agreement during the 6th OPEC and non-OPEC Ministerial Meeting held here in the Austrian capital on Tuesday.
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Over 1,000 tankers with petroleum products reach Kashmir Valley
India | Mar 10, 2019, 11:41 AM ISTPeople in Kashmir had a sigh of relief after over 1,000 tankers carrying petroleum products has reached the Kashmir Valley on Sunday.
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NASA weighs in on petroleum development in Arctic Ocean
Nov 26, 2018, 08:06 AM ISTThe NASA Goddard Space Flight Center in April sent a letter to the Bureau of Ocean Energy Management estimating that 70 rocket parts have landed in the Beaufort Sea since the 1960s.
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PM Modi calls for responsible pricing for affordable energy to all
India | Apr 11, 2018, 02:53 PM ISTHis statement comes days after it was reported that Saudi Arabia and Russia were looking at extending a short-term pact to curb oil supplies with a view to check prices.
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Petroleum products top list as India’s exports grow for 12th consecutive month in August
Business | Oct 03, 2017, 04:17 PM ISTIndia's imports also increased by 21.02 per cent to $35.46 billion from $29.30 billion in August last year.
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India to soon become zero petroleum import country, says Nitin Gadkari
National | Sep 07, 2016, 04:26 PM ISTSenior BJP leader and Union minister for Road Transport and Highways Nitin Gadkari has said that focus on adoption of alternative fuels could soon eliminate the need for India to import petroleum products. “We
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Nepal gets respite as cargo trucks enter from India
World | Oct 04, 2015, 09:08 PM ISTKathmandu: Over 100 trucks carrying essential goods and petroleum products today entered Nepal from India bringing some respite to the country grappling with shortage of fuel and other commodities due to the blockade of key
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No return to administrative prices for petroleum: Moily
Nov 23, 2013, 08:55 PM ISTThiruvananthapuram: Union Minister of Petroleum and Natural Gas M Veerappa Moily today made it clear that there would be no return to Administrative Price Mechanism for petroleum products as the country has gone far ahead
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Petroleum and alcohol should be kept out of GST
Nov 18, 2013, 08:32 PM ISTShillong: The Empowered Committee of state finance ministers on Monday unanimously decided to keep petroleum and alcohol out of the proposed Goods and Service Tax stating that these were the main sources of income for
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Shifting of Jaipal Reddy from Petroleum creates political storm
National | Oct 29, 2012, 10:26 PM ISTNew Delhi, Oct 29: The shifting of S. Jaipal Reddy from Petroleum Ministry on Monday created a political storm with the decision coming under attack and the minister himself is said to be unhappy over
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Speculations: Khurshid External Affairs, Moily Petroleum, Bansal Railway, many young faces in cabinet reshuffle
National | Oct 27, 2012, 09:54 PM ISTNew Delhi, Oct 27: Speculations were rife in the corridors of power on Saturday evening over the major portfolios to be alerted to the heavyweight ministers, after the exist of seven ministers including S M
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Jaipal Reddy's Niece's Death, Police Question Husband, In-Laws
India | Jun 21, 2011, 07:28 PM ISTHyderabad, Jun 21 : As part of investigations into the suspicious death of Kiran Reddy, niece of the Union Minister for Petroleum S Jaipal Reddy, police today began questioning her husband and in-laws. Kiran Reddy