oil import bill

Make India energy sufficient, cut imports: PM

Make India energy sufficient, cut imports: PM

Modi said plans are afoot to provide piped gas connection to 1 crore households in the next four years from 27 lakh presently.

Mar 27, 2015, 15:02 PM IST

Modi says India should try to cut oil imports by 10% by 2022

Prime Minister Narendra Modi said on Friday India should try to cut oil imports by 10 percent in 2022 from 77 percent now.

Mar 27, 2015, 12:21 PM IST

India eyes diesel price rise, fuel consumption curbs

The world's fourth-biggest energy user is widely expected to announce a steep hike in diesel prices soon, as it looks to cut oil costs by nearly USD 20 billion.

Sep 06, 2013, 11:50 AM IST

Petrol pump curfew: 5 reasons why you shouldn’t care

Although, government has not made any final decision yet, you should be prepared for the worst.

Sep 02, 2013, 11:35 AM IST

No decision on shutting petrol pumps at night: Moily

Moily said he wants to make the people aware that the country imports 80 percent of its oil needs and fuel should be conserved because the country cannot afford to keep shelling out USD 170 billion year after year.

Sep 02, 2013, 11:01 AM IST

Govt mulling proposal to shut petrol pumps at night

His ministry plans to launch a massive fuel conservation drive from September 16 to cut fuel demand by 3 percent and save an estimated Rs 16,000 crore or USD 2.5 billion in forex outgo.

Sep 01, 2013, 20:17 PM IST

Moily meets Chidambaram to discuss ways to cut oil import bill

With fall in rupee value and the Syrian crisis ballooning oil import bill, Petroleum Minister M Veerappa Moily on Thursday met Finance Minister P Chidambaram to discuss possible solutions including Rs 3-4 per litre hike in diesel prices and cut in duties.

Aug 29, 2013, 18:05 PM IST

Oil Minister says 'immediate' need to hike fuel prices

With rupee depreciation leading to jump in oil import bill, Petroleum Minister S Jaipal Reddy on Tuesday said there is an immediate need to raise fuel prices, but refused to say when the hike will actually take place.

May 22, 2012, 18:27 PM IST