MOILY

  • India @ 9 with Rajdeep Sardesai September 2, 2013

    Catch the day's top stories with Rajdeep Sardesai on India @ 9. ...
  • Is the government running out of options to control the oil pool deficit? September 2, 2013

    In an attempt to cut oil consumption, the Oil Ministry had on Sunday proposed petrol pumps to be open from 8 am to 8 pm. However, Oil Minister Veerappa Moily took a U-turn on Monday and denied any such proposal after facing criticism from the Opposition and the public. ...
  • Moily takes a U-turn on petrol pump timings proposal amidst criticism September 2, 2013

    New Delhi: A day after the oil ministry proposal's to restrict petrol pumps timings generated huge criticism from Opposition and public, Oil Minister Veerappa Moily had taken a U-turn within the 24 hours. The government is in panic mode to cut costs amidst mounting oil imports bills and complaints of oil...
  • The Last Word: What are sensible and silly ways of conserving fuel? September 2, 2013

    In an attempt to cut fuel consumption, the Petroleum Ministry has proposed petrol pumps to be open from 8 am to 8 pm only. Oil Minister Veerappa Moily had earlier written a letter to Prime Minister Manmohan Singh and Finance Minister P Chidambaram suggesting further hike on fuel prices. ...
  • News 360: No plan to restrict petrol pump timings, says Veerappa Moily September 2, 2013

    Petroleum Minister Veerappa Moily does a U-turn on the suggestion of keeping petrol pumps shut from 8 pm to 8 am. Speaking to IBN18 Editor-in-Chief Rajdeep Sardesai, Moily said there has been no such proposal. ...
  • Oil Ministry seeks diesel price hike of Rs 5 per litre September 2, 2013

    New Delhi: After taking a U-turn over keeping petrol pumps shut from 8 pm to 8 am to conserve fuel, Petroleum Minister Veerappa Moily on Monday indicated that his ministry has proposed a diesel price hike of Rs 5 per litre. While speaking to IBN18 Editor-in-Chief Rajdeep Sardesai, Moily said...
  • SP condemns Oil Ministry proposal to restrict petrol pump timings September 2, 2013

    Samajwadi Party leader Naresh Agarwal has condemned the Oil Ministry proposals to restrict petrol pump timings. He said, "If the people need petrol, they will end up buying it during the day time. But this is not a solution and the government should talk to everyone and come up with...
  • No plan of 12-hour curfew on sale of petrol, says Moily as PM, FM nix the idea September 2, 2013

    New Delhi: Petroleum Minister Veerappa Moily has done a U-turn on the suggestion of keeping petrol pumps shut from 8 pm to 8 am. Speaking to IBN18 Editor-in-Chief Rajdeep Sardesai, Moily said there has been no such proposal. "That's not my proposal, I don't know from where these proposals have...
  • No decision on shutting petrol pumps at night: Moily September 2, 2013

    Amidst a storm over proposal to shut petrol pumps during night to taper fuel demand, Oil Minister M Veerappa Moily on Monday said the government had not made any such proposal and the idea had come from public. "It is not our idea. It is an idea which is coming from...
  • PM, FM reject proposal of keeping petrol pumps open from 8 am to 8 pm September 2, 2013

    New Delhi: Prime Minister Manmohan Singh and Finance Minister P Chidambaram have rejected the Oil Ministry's proposal of keeping petrol pumps open only from 8 am to 8 pm. Reacting to the proposal, Chidambaram said, "It's not a government suggestion but one which had come from the public as the...
  • 8 am to 8 pm petrol pumps: Moily says the idea came from public September 2, 2013

    New Delhi: Petroleum Minister Veerappa Moily is now on the backfoot after his suggestion of having petrol pumps open for 12 hours in a day. He has now said that the idea to keep petrol pumps open from 8 am to 8 pm was not the government's idea but had...
  • India could save $8.5 billion by buying extra Iranian oil: Veerappa Moily September 2, 2013

    India could save $8.5 billion in foreign exchange spending on crude oil imports in 2013/14 if it relied more on supplies from Iran, which is able to accept payment in rupees, Oil Minister M Veerappa Moily said. In a letter to Prime Minister Manmohan Singh spelling out a strategy to curb...
  • Opening petrol pumps only for 12 hours a day will create panic: expert September 2, 2013

    New Delhi: The Oil Ministry has proposed austerity measures to cut fuel consumption. Under the new proposals, 24-hour petrol pumps in cities could be done away with and replaced with petrol bunks that are open only from 8 am to 8 pm. While experts call it an 'ill-advised' idea and may...
  • Oil Ministry wants petrol pumps to be open from 8 am to 8 pm only September 1, 2013

    New Delhi: In an attempt to cut fuel consumption, the Petroleum Ministry has proposed petrol pumps to be open from 8 am to 8 pm. Oil Minister Veerappa Moily had earlier written a letter to Prime Minister Manmohan Singh and Finance Minister P Chidambaram suggesting further hike on fuel prices. "There...
  • Rupee fall, oil price hike will result in Rs 1,80,000 crore loss: Moily August 31, 2013

    New Delhi: Battling double whammy of dipping rupee and surging global oil rates, Oil Minister M Veerappa Moily has written to Prime Minister Manmohan Singh saying without corrective steps losses on sale of subsidised fuel sales will rise to unprecedented Rs 1,80,000 crore. In a detailed note, Moily told the...
  • Moily meets Chidambaram to discuss ways to cut oil import bill August 29, 2013

    With fall in rupee value and the Syrian crisis ballooning oil import bill, Petroleum Minister M Veerappa Moily on Thursday met Finance Minister P Chidambaram to discuss possible solutions including Rs 3-4 per litre hike in diesel prices and cut in duties. The over 20 per cent rupee depreciation this year...
  • PM seeks USD 25 billion cut in oil import bill to narrow current account deficit August 27, 2013

    Prime Minister Manmohan Singh has sought USD 25 billion cut in oil import bill to narrow current account deficit, Oil Minister M Veerappa Moily on Tuesday said. India, which paid about USD 170 billion last fiscal for importing oil, is renewing imports of the fuel from Iran as unlike imports from...
  • Veerappa Moily hails Congress victory in Karnataka by-polls August 24, 2013

    Oil Minister M Veerappa Moily on Saturday hailed Congress' thumping victory in by-polls for two Lok Sabha seats in Karnataka as a big game changer ahead of general elections. Congress dealt a big blow to the JDS in its heartland when it wrested the Mandya and Bangalore Rural seats from it...
  • YSR Congress President to go on indefinite fast on Telangana issue August 19, 2013

    Vijayawada: YSR Congress honorary President YS Vijayalakshmi is set go on an indefinite fast on Monday in Guntur seeking justice for Seemandhra over the Telangana issue. Vijayamma had earlier planned to undertake the fast in Vijayawada. However, since the police authorities did not give permission to the party saying that the...
  • Cong leaders from Telangana to meet AK Antony Committee August 18, 2013

    Hyderabad: Andhra Pradesh ministers, ruling Congress MLAs, MLCs and other Congress party leaders from the Telangana region will meet the AK Antonyled committee on Monday. "We will meet the AK Antony Committee. We will give our views on issues like river water sharing and Hyderabad. We want the Congress Working Committee...
  • First unit of Paradip Refinery to be ready by Dec, claims IOC August 15, 2013

    Country's largest oil marketer Indian Oil Corporation has said the first unit of its Rs 30,000crore Paradip refinery will be ready by the end of the year. "We are confident of completing the work on the first unit of the Paradip refinery by the end of December and the remaining four...
  • Will resign if charges of shifting official proved right: Moily August 13, 2013

    Strongly refuting charges of transferring an officer for being tough on Reliance Industries, Oil Minister M Veerappa Moily on Tuesday said he will resign if even an iota of evidence was produced against him. Moily said Giridhar Aramane, Joint Secretary in his ministry, has not been transferred as is being alleged...
  • Moily transferred officer for raising queries over gas pricing: CPI August 13, 2013

    New Delhi: CPI leader Gurudas Dasgupta has claimed that a senior Petroleum Ministry officer was transferred by Minister M Veerappa Moily over the recent gas price hike issue. Dasgupta made these claims in a letter to the PM Manmohan Singh saying that Moily decided to get rid of bureaucrats who...
  • 9 Seemandhra MPs who resigned over Telangana to meet Moily today August 8, 2013

    New Delhi: Nine Seemandhra MPs who gave their resignations following the decision on Telangana will meet Petroleum Minister Veerappa Moily on Thursday. Moily is part of a fourmember committee set up by the Congress to address the Seemandhra MPs concerns. The party High Command has, however, stated that there is...
  • Cong sets up 4member committee to address concerns of Seemandhra MPs August 7, 2013

    New Delhi: As protests over Telangana intensify, the Congress on Wednesday set up a fourmember committee to address concerns of party MPs from Seemandhra region of Andhra Pradesh. The fourmember committee includes Congress General Secretary Digvijaya Singh, Congress President Sonia Gandhi's political secretary Ahmed Patel, Petroleum Minister Veerappa Moily and...
  • Moily urged to arrange finance to restore Kedarnath temple July 28, 2013

    Konark: Union Culture Minister Chandresh Kumari Katoch on Sunday urged Petroleum Minister M Veerapa Moily to arrange finance for restoring the badly damaged Kedarnath temple in Uttarakhand. "The Kedarnath temple is in danger and in a very bad shape. Take this up as a major project and arrange finance for...
  • Joshi, Maken in Rahul's highpower coordination committee July 23, 2013

    New Delhi: Congress on Tuesday brought in senior leaders C P Joshi and Ajay Maken into the party's highpower coordination committee headed by Rahul Gandhi for the 2014 Lok Sabha polls. With their addition, the number of members of the committee, set up in November 2012, has gone up to eight....
  • Moily says no rethink on gas price hike decision July 11, 2013

    New Delhi: Amidst Finance Ministry raising prospects of forcing Reliance Industries to sell gas at old price of $4.2, Oil Minister M Veerappa Moily on Thursday said there was no rethinking in the government on the decision to double gas rates from April 1, 2014. "There is no thinking on...
  • Decision on Telangana issue is in final stage: Digvijaya Singh July 1, 2013

    Hyderabad: The process of taking a decision on the protracted Telangana issue is in the final stage, Congress General Secretary Digvijay Singh said on Monday. Singh, who was last month appointed incharge of Congress affairs in Andhra Pradesh, told reporters that Chief Minister N Kiran Kumar Reddy, APCC President B Satyanaryana...
  • Diesel prices hiked by 50 paise per litre July 1, 2013

    New Delhi: Diesel prices have been hiked by 50 paisa per litre, excluding VAT, with effect from Monday midnight. This is the fifth increase in diesel rates in 2013. Diesel in Delhi will cost Rs 50.84 per litre from Tuesday as against Rs 50.26 currently. Oil firms on Saturday hiked petrol...