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Union Budget 2024: How The New Budget Affects Your Daily Grocery Bill
Find out how the Union Budget 2024 has changed the cost of common food items. Detailed insights into the price variations of pulses, oils, cereals, sugar, and vegetables since the budget announcement.
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Russia Says No Issues With Oil Payment From India
The Russian Foreign Ministry has said that deliveries of Russian oil to India are steadily high, with no payment issues encountered, the state-owned news agency TASS reported.
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ONGC To Start Crude Oil Production In KG Basin Next Week
The state-owned Oil and Natural Gas Corporation (ONGC) will start the production of crude oil from its flagship deep-water project in Krishna Godavari Basin next week.
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India's Imports From Russia Doubled To $20.45 Billion During April-July
India's imports from Russia doubled to USD 20.45 billion during the April-July period of this fiscal due to increasing inbound shipments of crude oil and fertiliser from that country, according to the commerce ministry data.
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Russia Says It Blocked Overnight Ukraine Attacks On Black Sea Naval Base
Russia's defence ministry said that it had thwarted overnight Ukrainian attacks on a naval base in the Black Sea and the Crimean peninsula. Novorossiysk Sea Port hosts the terminus of a pipeline that carries most Kazakh oil exports through Russia.
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Centre Yet To Accept Report That Calls For Diesel Vehicle Ban By 2027
The government is yet to accept a report of the energy transition committee that recommended banning the use of diesel-powered four-wheelers in cities with over 10 lakh population and switch to electric and gas-fuelled vehicles by 2027, the oil ministry said.
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Bharat Petroleum To Invest Rs 35,355 Crore In Piped Gas Network In 8 Cities
BPCL is India's second-largest government-owned downstream oil producer, whose operations are overseen by the ministry of petroleum and natural gas.
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Centre Seeks Parliament Approval For Net Additional Spending Of Rs 3.25 Lakh Crore This Fiscal
Approval has also been sought for the expenditure of the Ministry of Petroleum and Natural Gas towards payments of LPG subsidies to oil marketing companies and LPG connections, among others totalling to Rs 29,944 crore.
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Oil Ministry To Seek Compensation For Petrol, Diesel Losses To State-Run Retailers
"The first half losses are publicly available. Add to that the LPG subsidy and you would arrive at approximate loss they have incurred," an official said.
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Code-Based Track And Trace Initiative For Domestic Gas Cylinders
Indian Oil, a public sector undertaking whose operations are overseen by the Ministry of Petroleum and Natural Gas, has launched a unique code-based track and trace initiative for LPG cylinders used for domestic purposes.
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Centre Says Private Players Can Use Drones for Delivery Purposes Under Drone Rules 2021
Government has mentioned in a written reply to Rajya Sabha that private players in the country are free to use drones for delivery purposes subject to compliance with Drone Rules, 2021. MoS for Civil Aviation, General VK Singh (Retd), said that last year in September, the government notified the Production-Linked Incentive (PLI) scheme to promote t...
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Centre Asks Edible Oil Companies To Cut Prices By Rs 15 Per Litre
The Department of Food and Public Distribution has directed leading edible oil associations to ensure a reduction in the maximum retail price (MRP) of edible oils by Rs 15 (per litre) with immediate effect, the Ministry of Consumer Affairs, Food & Public Distribution said on Friday.
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Centre Exempts Excise Duty On Jet Fuel Purchases By Indian Airlines For Overseas Flights
The Finance Ministry has exempted domestic airlines running international flights from 11 per cent basic excise duty on ATF or jet fuel bought from oil marketing companies.
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Iran To Take 'Punitive Action' Against Greece Over Seizure Of Iranian Oil: Report
Iran summoned the envoy of Switzerland, which represents U.S. interests in Tehran, to protest against the U.S. seizure of Iranian oil from a Russian-operated ship near Greece, the foreign ministry said in a statement quoted by Iranian media.
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India's Russian Oil Buy Now 10% Of Total Crude Imports, Says Government
India's crude oil imports from Russia have jumped over 50 times since April and now make up for 10 per cent of all crude bought from overseas
-
Union Budget 2024: How The New Budget Affects Your Daily Grocery Bill
Find out how the Union Budget 2024 has changed the cost of common food items. Detailed insights into the price variations of pulses, oils, cereals, sugar, and vegetables since the budget announcement.
-
Russia Says No Issues With Oil Payment From India
The Russian Foreign Ministry has said that deliveries of Russian oil to India are steadily high, with no payment issues encountered, the state-owned news agency TASS reported.
-
ONGC To Start Crude Oil Production In KG Basin Next Week
The state-owned Oil and Natural Gas Corporation (ONGC) will start the production of crude oil from its flagship deep-water project in Krishna Godavari Basin next week.
-
India's Imports From Russia Doubled To $20.45 Billion During April-July
India's imports from Russia doubled to USD 20.45 billion during the April-July period of this fiscal due to increasing inbound shipments of crude oil and fertiliser from that country, according to the commerce ministry data.
-
Russia Says It Blocked Overnight Ukraine Attacks On Black Sea Naval Base
Russia's defence ministry said that it had thwarted overnight Ukrainian attacks on a naval base in the Black Sea and the Crimean peninsula. Novorossiysk Sea Port hosts the terminus of a pipeline that carries most Kazakh oil exports through Russia.
-
Centre Yet To Accept Report That Calls For Diesel Vehicle Ban By 2027
The government is yet to accept a report of the energy transition committee that recommended banning the use of diesel-powered four-wheelers in cities with over 10 lakh population and switch to electric and gas-fuelled vehicles by 2027, the oil ministry said.
-
Bharat Petroleum To Invest Rs 35,355 Crore In Piped Gas Network In 8 Cities
BPCL is India's second-largest government-owned downstream oil producer, whose operations are overseen by the ministry of petroleum and natural gas.
-
Centre Seeks Parliament Approval For Net Additional Spending Of Rs 3.25 Lakh Crore This Fiscal
Approval has also been sought for the expenditure of the Ministry of Petroleum and Natural Gas towards payments of LPG subsidies to oil marketing companies and LPG connections, among others totalling to Rs 29,944 crore.
-
Oil Ministry To Seek Compensation For Petrol, Diesel Losses To State-Run Retailers
"The first half losses are publicly available. Add to that the LPG subsidy and you would arrive at approximate loss they have incurred," an official said.
-
Code-Based Track And Trace Initiative For Domestic Gas Cylinders
Indian Oil, a public sector undertaking whose operations are overseen by the Ministry of Petroleum and Natural Gas, has launched a unique code-based track and trace initiative for LPG cylinders used for domestic purposes.
-
Centre Says Private Players Can Use Drones for Delivery Purposes Under Drone Rules 2021
Government has mentioned in a written reply to Rajya Sabha that private players in the country are free to use drones for delivery purposes subject to compliance with Drone Rules, 2021. MoS for Civil Aviation, General VK Singh (Retd), said that last year in September, the government notified the Production-Linked Incentive (PLI) scheme to promote t...
-
Centre Asks Edible Oil Companies To Cut Prices By Rs 15 Per Litre
The Department of Food and Public Distribution has directed leading edible oil associations to ensure a reduction in the maximum retail price (MRP) of edible oils by Rs 15 (per litre) with immediate effect, the Ministry of Consumer Affairs, Food & Public Distribution said on Friday.
-
Centre Exempts Excise Duty On Jet Fuel Purchases By Indian Airlines For Overseas Flights
The Finance Ministry has exempted domestic airlines running international flights from 11 per cent basic excise duty on ATF or jet fuel bought from oil marketing companies.
-
Iran To Take 'Punitive Action' Against Greece Over Seizure Of Iranian Oil: Report
Iran summoned the envoy of Switzerland, which represents U.S. interests in Tehran, to protest against the U.S. seizure of Iranian oil from a Russian-operated ship near Greece, the foreign ministry said in a statement quoted by Iranian media.
-
India's Russian Oil Buy Now 10% Of Total Crude Imports, Says Government
India's crude oil imports from Russia have jumped over 50 times since April and now make up for 10 per cent of all crude bought from overseas
