Levy on diesel includes Rs 1.50 per litre road infrastructure cess...

The tax, which is adjusted every 15 days in step with changes in global oil prices, was as high as $40 per barrel when introduced...

Gas pricing in India has always posed a problem — and has been revised every six months based on a formulaic mish-mash ...

Assets include 10.25 tonnes of gold deposits in banks, 2.5 tonnes of gold jewellery, about Rs 16,000 crore of deposits in banks, and 960 properties across India...

According to sources this venture is OVL’s cash cow and without tit, the company will be a loss-making entity...

Govt notification shows levy on diesel includes Rs1.50 per litre road infrastructure cess...

A decision on the extension will be taken next week after oil secretary Pankaj Jain returns from his foreign trip...

The field holds 23 trillion cubic feet of in-place gas reserves, of which about 60 per cent is recoverable...

Tehran asked the Indian firms to exercise the right within 90 days failing which it would be deemed as rejection of the offer...

The PSU also favours a floor price for natural gas at $10 per million British thermal unit — the current government-dictated rate...