EGoM to consider Indian Oil disinvestment on January 9"There is a meeting on January 9 to discuss Indian Oil disinvestment," Oil Secretary Vivek Rae said.
No proposal to raise subsidised LPG cylinder quota: Oil SecretaryThe government has no proposal before it to raise the quota of subisidised LPG cylinders to 12 per household in a year.
Divest non-core assets: Oil Secretary Vivek Rae to ONGCPetroleum Secy Vivek Rae said the nation's high profit making PSU should sell its non-core assets and concentrate on increasing oil and gas...
Delegation to visit Iran to discuss oil payment mechanism: Vivek RaeIndia will import the committed 11 million tonnes of oil from Iran in the current financial year and discuss the modalities of payment with...
Govt notice to RIL: Five KG-D6 discoveries are deemed relinquished says Oil Secretary“The decision was taken because RIL did not adhere to the timelines for appraisal, commerciality and field development plan,” Oil Secretary...
Government wants to resolve disputes between DGH and RIL within legal framework: Vivek Rae"We would like to resolve them instead of importing gas at $14/unit. We want to bring out gas within legal framework," Petroleum Secy said.
RIL, DGH must settle dispute: Vivek RaePetroleum Secretary Vivek Rae said Reliance Industries and the Directorate General of Hydrocarbons have a dispute over technical issues.
PMO, Vivek Rae to discuss cuts in oil import billPMO has summoned Vivek Rae for a discussion on difficult measures the government may have to take to reduce oil import bill.
Govt may appoint an independent consultant to resolve dispute between RIL and DGH"We had issued a notice for the penalty of about $1 billion last year. There is a proposal to raise it," Oil Secretary Vivek Rae said.
Oil ministry reassigns roles of joint secretariesThe oil ministry re-realigned portfolios of joint secretaries after oil minister Veerappa Moily prevailed on petroleum secretary Vivek Rae.
Petroleum secretary Vivek Rae resists Veerappa Moily move to reassign key roles of babusTension is brewing between oil minister Veerappa Moily and petroleum secretary Vivek Rae over realignment of portfolios among bureaucrats.
Vivek Rae wants early nod for pending oil and gas exploration issuesVivek Rae has asked bureaucrats in the oil ministry to clear numerous pending issues about oil and gas exploration by May end or face actio...
- GAIL targets 84.05 mmscmd sale of natural gas in FY14
State-owned gas utility GAIL India Ltd is targeting sale of 84.05 million standard cubic meters per day of natural gas in 2013-14.
Petroleum secretary Vivek Rae trying to resolve RIL-CAG dispute over D6 auditThough a solution to the key contention of the scope of audit remains elusive, Vivek Rae has made some inroads into bridging some differenc...
- Impose penalty on banks not meeting MSME lending targets: Rae
Banks not fulfilling MSME lending targets should be penalised, Ministry of Micro, Small and Medium Enterprises Secretary Vivek Rae has said.
- Ministry of Micro, Small and Medium Enterprises' innovation fund worth Rs 5,500 crore likely by April: Vivek Rae
The scheme would promote innovation which is aimed at improving the competitiveness and efficiency of small and medium enterprises.
- Vivek Rae takes over as MSME Secretary
Vivek Rae today took over as the Secretary in the Ministry of Micro, Small and Medium Enterprises (MSME).