Government focused on judicial reforms in 2012 Judicial reforms were the flavour of the year as the government focused its efforts on bringing a bill on judicial accountability and kept up its plans to change the present system of appointment of judges where the executive has little say. In March, the Lok Sabha passed an ambitious bill to lay judicial standards but despite two sessions of Parliament the bill could not be brought in the Rajya Sabha....  
12:52 PM, Dec 27, 2012

Direct cash transfer tough to execute: Oil Secy New Delhi: Weeks ahead of roll out of the direct cash subsidy transfer scheme, the Petroleum Ministry on Tuesday said the plan will not be easy to implement because of the low base of people with the unique identity Aadhaar cards. The government has identified 51 districts for the roll out of the scheme in the first phase beginning January 1. Speaking at the 11th Petro India Conference organised by...  
05:24 PM, Dec 11, 2012

News 360: Jaipal Reddy says PM took him into confidence

Jaipal Reddy denies reports that he was upset over being moved out of the Petroleum Ministry under corporate pressure. ...
10:48 PM, Oct 29, 2012

Emphasis on quick decisions, investments: Moily New Delhi: Stepping into a ministry that had in recent times was seen as indecisive, the new Petroleum Minister M Veerappa Moily on Monday promised quick decisions and creating an environment conducive for investment to flow in. Moily, 72, who replaced S Jaipal Reddy, said his priority would be to intensify domestic oil and gas exploration to reduce import dependence that had played havoc with inflation. "Emphasis will be on...  
02:09 PM, Oct 29, 2012

Falling rupee is a cause for concern: Jaipal Reddy

Oil Minister Jaipal Reddy said that the government was watching the rupee's movement closely. The Indian currency fell to an all-time low of 57.12 against the US dollar on Friday. ...
07:59 PM, Jun 22, 2012

India rejects $1 bn Reliance cost recovery plan Mumbai: India has struck down Reliance Industries Ltd's plan to recover about $1 billion invested to develop an offshore gas field as the current output is less than half of that approved under the development plan, an oil ministry source said. Reliance said in a statement late on Friday that the oil ministry has proposed to "disallow certain costs", without quantifying how much the company was planning to recover. These...  
11:30 PM, May 04, 2012

AI allowed to take fuel on credit for 2-3 months New Delhi: In a major relief for Air India, Petroleum Ministry on Thursday decided to grant two to three months credit to the troubled airline for jet fuel instead of making daily payments. The national carrier had been put on cash-and-carry mode by public sector oil companies since last December as it owes more than Rs 2,000 crore to them. Air India has been paying Rs 16.5 crore a day...  
08:42 PM, Aug 18, 2011

Gas is not Ambanis' private property: Govt to SC The Ambani bros are locked in a battle over supply and price of gas from KG basin. ...  
11:34 PM, Nov 17, 2009

Govt stand in gas row dishonest: ADAG
by IANS
Petroleum Ministry 'collusive', corporate tells Supreme Court. ...  
06:05 PM, Nov 10, 2009

UK firm gets contract; India gets bad deal CNN-IBN investigation finds Petroleum Ministry flouted rules to favour company. ...  
09:29 PM, Sep 21, 2009

RIL-RNRL row: Anil Ambani slams Mukesh, Oil Ministry Anil alleges Petroleum Ministry is favouring his elder brother Mukesh. ...  
09:04 PM, Jul 28, 2009

Remove Govt affidavit from record: Anil Ambani firm to SC
by IANS
Anil Ambani firm has asked the SC to dismiss Govt stand on gas dispute. ...  
05:25 PM, Jul 18, 2009

All you wanted to know about free fuel pricing The Oil Ministry wants to seek a nod for deregulating fuel prices. ...  
04:19 PM, May 29, 2009

Deora breaks jinx, reappointed as Petroleum Minister The industrialist-politician finally exorcised the oil Ministry ghost. ...  
09:46 PM, May 28, 2009

CNG, LPG outlets allotted to 26/11 martyrs' families The allotment was made by Petroleum Ministry at an official function. ...  
01:13 AM, Feb 02, 2009

Government likely to cut fuel prices on Thursday Petrol and diesel prices were last reduced in December. ...  
06:55 PM, Jan 13, 2009

No proposal to levy taxes on petroleum sector: FM
by UNI
Bridgetown: The pace-spin combine of Shami Ahmed and Rahul Sharma shared six wickets as India 'A' bowled out West Indies 'A' for 252 on the opening day of their four-day unofficial Test at the Kensington Oval here. It took the Indians 87.3 overs to send the the host team back to the pavillion and make a dominating start in the three-match series. Wickets tumbled at regular interval and had it...  
02:20 AM, May 29, 2008

Govt comes to the aid of bleeding oil PSUs New Delhi: Pakistan limited-overs opener Nasir Jamshed has been ruled out of his countrys tour of Sri Lanka next month with a fractured left index finger. Jamshed who has played 16 ODIs since making his international debut in 2008 had been named in Pakistans ODI squad for the upcoming tour but is now expected to be ruled out for four to six weeks. The 22-year-old had been key to Pakistan...  
01:57 AM, May 24, 2008

Relax! No fuel price hike today Petroleum Minister Murli Deora says there will be hike in fuel prices if Indian crude basket crosses $71/bbl. ...  
09:38 AM, Sep 01, 2006