The central government has taken several steps to insulate common citizens from high international prices, Minister of State in the Ministry of Petroleum and Natural Gas Suresh Gopi informed Parliament on Monday, as he highlighted several interventions.
According to the Ministry of Petroleum and Natural Gas, the combined profit of OMCs for FY 2023-24 stood at Rs 86,000 crore, over 25 times higher than the extraordinarily difficult previous fiscal year.
As one of the world's fastest-growing economies, India is committed to supporting efforts to achieve balance in global energy markets, said Hardeep Puri during the conversation, the Ministry of Petroleum and natural Gas said in a press release.
In a post on social media platform X, the ministry said, "As informed by @IndianOilcl, price of both petrol & diesel has been reduced by Rs 15.3/litre for Andrott and Kalpeni islands and Rs 5.2/litre for Kavaratti and Minicoy in the Lakshadweep islands, effective today."
In a relief to people ahead of the Lok Sabha polls expected to be held in April-May, the government has decided to cut the price of petrol and diesel by Rs 2 per litre
As of March 1, 2024, there are more than 10.27 crore PMUY beneficiaries. The total expenditure will be Rs 12,000 crore for the financial year 2024-25. The subsidy is credited directly to the bank accounts of the eligible beneficiaries, the Ministry of Petroleum and Natural Gas said in a sta
Mumbai (Maharashtra)/ Bengaluru (Karnataka) [India], February 28: Bharat Petroleum Corporation Limited (BPCL), a leading Fortune 500 Maharatna Energy Conglomerate, in collaboration with the Ministry of Petroleum & Natural Gas, hosted a comprehensive workshop aimed at advancing the adopti
Union Minister of Petroleum and Natural Gas and Housing and Urban Affairs Hardeep Singh Puri also announced that the fourth edition of the global conclave in 2026 will be back in Goa at the IPSHEM-ONGC-Training Institute.
The US Chamber of Commerce's US-India Business Council (USIBC) is set to lead a business delegation to participate in the second edition of India Energy Week in Goa from February 6-9.