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LNG, which will fuel a third of India's heavy duty trucks soon, has a 30% bigger greenhouse gas footprint than coal: study

According to a draft policy by the Ministry of Petroleum and Natural Gas, India plans to fuel a thi…

PTI   


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India's exports to Kuwait surged by 34.78% Y-o-Y to USD 2.1 bn

India's trade with Kuwait has surged remarkably, with Indian exports to the Gulf nation reaching an…

ANI   


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Indoor air pollution poses greater health risk than outdoor: Experts

Studies done in Delhi have shown that women's average exposure to high levels of black carbon (wome…

PTI   


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New shipbuilding scheme in the works; will incentivise Indian shipyards till 2035

Responding to a question on the government's plan for green shipping, Ramachandran said the ministr…

PTI   


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India's petroleum product sales hit seven-month high in December

India's consumption of petroleum products rose to a seven-month high in December to about 20.05 mil…

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Union Minister Piyush Goyal announces 80% licensing fee concession for women entrepreneurs

According to a press release by the Ministry of commerce and Industry, these incentives are expecte…

ANI   


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Nick Walker is new CEO of Vedanta Cairn Oil and Gas

Vedanta's Cairn Oil & Gas on Thursday announced the appointment of Nick Walker as the new chief exe…

PTI   


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Govt hikes windfall tax on domestic crude, reduces levy on export of diesel

As per the Gazette of India, the Ministry of Finance, Department of Revenue, issued two notificatio…

ANI   


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ONGC set to merge refining subsidiary MRPL with HPCL by June 2021

Sources said that the process of merging ONGC's two oil refining subsidiaries, HPCL and MRPL, wi…

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Reliance Industries, ONGC, Vedanta and others slapped with windfall, export tax on petroleum

The government on Friday slapped an export tax on petrol, diesel and jet fuel (ATF) shipped oversea…

PTI   


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Reliance has to pay ₹6 per litre of petrol & ₹13 for diesel exported as tax — but rising margins may cushion it

India’s new windfall taxes on energy companies will see export-oriented oil refiners like Reliance …

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ONGC surges 5% on reports of domestic gas price hike

CNG and piped natural gas prices could face an increase this festive season if the government …

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Free LPG cylinders for Ujjwala Yojana extended till September 30

In order to allow Ujjwala beneficiaries get their full quota of three cooking gas cylinders free of…

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Air India names Rajiv Bansal as the CEO and MD

Senior IAS officer Rajiv Bansal was on Thursday named the Chairman and Managing Director of nationa…

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Wholesale inflation falls to 2-year low of 3.85% in February

India's Wholesale Price Index (WPI)-based inflation in February 2023 fell to a 24-month low of 3.85…

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BPCL divestment opens up to mixed reactions, but the company’s shares takes a hit

The government will be selling its 53.29% stake in BPCL to a strategic buyer, also giving up man…

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Traffic movement at India’s major ports grows 14.6% in September

Cargo handled at India’s major ports grew 14.6% in September on a year-on-year basis to 61.7 millio…

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Govt to kick off FY24 Budget making exercise on Monday

On the first day on Monday, RE meetings with Ministry of Environment, Forest and Climate Change, Mi…

PTI   


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Revenue constrained government may push oil PSUs short on FY21 capex to pay higher dividend

Oil sector public sector undertakings (PSUs) may have to bear a larger share of additional dividend…

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Government may issue guidelines for 'flexible fuel' vehicles by October

Auto companies may soon be asked to manufacture passenger and commercial vehicles that run on multi…