Petrol prices were last revised on October 27 when they were raised by 29 paise to Rs 68.19 per litre in Delhi.
Acting on a barrage of consumer complaints against LPG dealers, the government plans to introduce portability in gas connections.
State-run Indian Oil Corp, Bharat Petroleum and Hindustan Petroleum have reported net profits in the second quarter after the finance ministry paid Rs 30,000 crore compensation.
State-run Oil & Natural Gas Corp (ONGC) has registered 32% drop in its net profit at Rs 5,897 crore in the second quarter because of 116% jump in its subsidy burden.
Government is considering quantifying values silently created by women in India and devise strategies to empower them.
The September ’12 quarter results of Gujarat Gas exceeded the street expectations even as its share price continued to remain under the influence of BG’s agreement to sell entire stake to GSPC.
RIL will abide by its contractual obligations, accounts of its D6 block will be audited as per contract, says Moily
Reliance has been opposing performance audit by CAG India because its contract with the government provides for only a financial audit.
Oil and Natural Gas Corp (ONGC) and NPEX Corp (INPEX), Japan's largest oil company have entered into a strategic partnership for exploration of hydrocarbons in one of the acreages in KG basin.
The panel of parliamentarians has summoned oil ministry bureaucrats to explain the lapse, sending jitters among officials.
Reliance says it does not challenge CAG's rights; appreciates auditor does not conduct performance audit of private operators.
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