The BJP on Thursday criticised the government's decision to allow oil marketing companies to hike diesel rates and demanded its rollback, saying it will have a cascading effect on prices. The opposition party also termed the raising of cap on LPG cylinders from six to nine as a "farce". ...
05:39 PM, Jan 17, 2013
The government on Thursday took the first step towards diesel decontrol and allowed the oil companies to raise prices from time to time, but kept the mechanism to be followed unclear. ...
04:42 PM, Jan 17, 2013
The Cabinet on Thursday refused to take a call on increasing the prices of diesel, kerosene and LPG and instead put the onus of oil marketing companies to decide on diesel price from time to time. ...
01:31 PM, Jan 17, 2013
The Union Cabinet will take a decision on increasing diesel and LPG prices on Thursday. Diesel prices may be hiked by Rs 4.50 per litre. The Petroleum Ministry has proposed to increase diesel, kerosene and cooking gas rates. ...
11:56 AM, Jan 17, 2013
The government is "seriously" considering revising rates of LPG and diesel prices but no decision has been taken as yet, Oil Minister M Veerappa Moily said on Wednesday. "All price hike or price reduction...proposals are under serious consideration. We have not taken any decision," he told reporters in the national capital. ...
01:10 PM, Jan 16, 2013
Petroleum And Natural Gas Minister Veerappa Moily Moily on Friday hinted that a hike in diesel and LPG prices could be announced soon. Moily said that the Kelkar Committee recommendations were under consideration and a decision will be taken as quickly as possible on fuel price hike. ...
04:17 PM, Jan 11, 2013
Congress leaders on January 5 demanded the resignation of BJP government in Natala, saying it has "lost the moral right to continue in office." Addressing a rally here, the leaders hit out at the Jagadish Shettar-led government and alleged that due to internal bickerings in BJP, development works have come to a grinding halt. ...
06:23 PM, Jan 05, 2013
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
The Election Commission on Wednesday disapproved Union Petroleum and Natural Gas Minister Veerappa Moily's announcement of raising subsidised LPG quota and asked him to be circumspect in future. Moily had announced that the cap on subsidised LPG cylinders could be raised from six to nine. ...
06:38 PM, Dec 12, 2012
A day after Election Commission rap, Union Petroleum and Natural Gas Minister M Veerappa Moily on Wednesday said the government has not yet taken any decision on raising cap on supply of subsidised LPG cylinders and the EC would have been informed before announcing any decision. ...
11:43 AM, Dec 12, 2012
The Election Commission has served a notice to Petroleum Minister Veerappa Moily for announcing that the cap on subsidised LPG cylinders could be raised from six to nine. EC says this is a violation of the model code of conduct as the announcement comes barely 24 hours ahead of the first phase of polling in Gujarat. ...
07:40 AM, Dec 12, 2012
Taking suo moto cognisance of reports of the Centre's move ahead of Gujarat assembly polls to increase the cap on subsidised LPG cylinders, the Election Commission has directed it to stop the same forthwith. The Commission held an emergency meeting soon after the Minister of Petroleum and Natural Gas M Veerappa Moily said the government will raise the cap on supply of subsidised cooking gas (LPG) to nine cylinders per...
07:51 PM, Dec 11, 2012
Petroleum and Natural Gas Minister Veerappa Moily on Tuesday indicated that the cap on the number of subsidised LPG cylinders a family can buy per year could be raised. Speaking to reporters, Moily said that the cap could be raised from six cylinders to nine. ...
06:18 PM, Dec 11, 2012
Government is considering raising cap on supply of subsidised LPG cylinders and a decision will be taken in the "next few days", Petroleum and Natural Gas Minister M Veerappa Moily said in the Lok Sabha on Friday. "We are considering it (giving more than six subsidised cylinders) and need a few days time," he said during Question Hour. ...
04:41 AM, Dec 01, 2012
The Oil Ministry will raise the cap on supply of subsidised cooking gas (LPG) to 9 cylinders per household in a year provided the Finance Ministry agrees to give an additional Rs 3,000 crore in 2012-13. Oil Minister M Veerappa Moily on Thursday first met Finance Minister P Chidambaram and then held a two-hour long brainstorming with heads of the three PSU fuel retailers on the issue of raising the...
06:51 PM, Nov 29, 2012
The civil aviation ministry will try to convince the country's petroleum ministry next week to declare jet fuel as a "notified good," which would lead to exemption from high state taxes, providing some relief to battered local carriers. ...
06:14 PM, Nov 29, 2012
The government has disallowed $1 billion expense of Reliance Industries on the flagging KG-D6 gas fields for not implementing the approved field development plan, Oil Minister M Veerappa Moily said on Tuesday. "The average gas production from KG-DWN-98/3 (KG-D6 block) during the current year was about 29.81 million standard cubic meters per day as against 86.73 mmscmd approved in the field development plans for D1, D3 and MA fields in...
05:47 PM, Nov 27, 2012
New Delhi: In a relief for households this Diwali, the government is likely to announce an increase the cap on subsidised LPG cylinders on Monday. Six is the current limit. Sources say it could go up to 9 cylinders per household per year. Last week, a meeting of Congress leaders heard a strong demand for raising the cap of subsidised LPG cylinders from the current six to 12, after which...
09:00 AM, Nov 12, 2012
After the government put on hold the Rs 26.50 hike on non-subsidised LPG cylinders, Petroleum Minister Veerappa Moily said it was the oil companies' decision and not the ministry's, as had been reported. The minister further added that the public sector oil firms will take a call on raising the cap on subsidised LPG cylinders. ...
12:39 PM, Nov 03, 2012
Oil Minister M Veerappa Moily has said that it's a matter between the Ministry and RIL, and law would take its course. ...
11:55 PM, Nov 02, 2012
