In the economy, things keep changing. Let us hope things turn out for better, says GC Chaturvedi.

In a major reform of state-run banks, Centre is close to appointing Ravi Venkatesan, and former revenue secy Sumit Bose as chairmen of two ...

Sindhushree Khullar, secretary to the Planning Commission, is tipped to be the next CAG after incumbent Vinod Rai retires this month end.

The race for the post of petroleum secretary has begun with four candidates vying for the top job after the incumbent GC Chaturvedi retires...

"It will be a close race as all the three contenders have huge experience and strong support from various groups," said a government offici...

Some two score applications were received for the job, which involves oversight of an industry that contributes 4.5% to economic output.

The oil ministry has ruled out any increase in price of diesel in the near future, or the price of natural gas from the D6 block of Relianc...

The petroleum ministry has asked the shipping ministry to allow Iranian vessels to bring in crude oil after European insurers withdraw cove...

The empowered group of ministers (EGoM) that would decide raising diesel, kerosene and cooking gas rates is unlikely to meet on Friday.

Imperial's Russian assets produced about 15,400 bpd at end of last year, significantly less than the target of 80,000 bpd set by ONGC Vides...

Oil secretary GC Chaturvedi has app roved Reliance Industries' plan to survey the entire deep-sea region of the D6 block.

The money has been sought from the finance ministry to partially cover losses of PSUs that sell diesel, kerosene, and cooking gas at subsid...

Private firms engaged in exploration and production of oil and gas in India have not objected to audit of their accounts byCAG.

Oil ministry officials including Petroleum Secretary GC Chaturvedi and Petronet LNG's promoters plan to debate this issue at a brainstormin...

The finance ministry has granted Rs 15,000 crore compensation to state refiners in the second quarter of current financial year, Chaturvedi...

Cairn Energy Chairman Bill Gammell has promised to withdraw arbitration over cess payment and share ONGC’s royalty burden in the oil-rich R...

The government may allow foreign reinsurance companies to set up branch offices in the country with certain regulatory restrictions, accord...