"There is a meeting on January 9 to discuss Indian Oil disinvestment," Oil Secretary Vivek Rae said.

The government has no proposal before it to raise the quota of subisidised LPG cylinders to 12 per household in a year.

Oil secretary Vivek Rae told reporters on Wednesday that he had received formal views of the finance ministry on this matter.

Petroleum Secy Vivek Rae said the nation's high profit making PSU should sell its non-core assets and concentrate on increasing oil and gas...

India will import the committed 11 million tonnes of oil from Iran in the current financial year and discuss the modalities of payment with...

“The decision was taken because RIL did not adhere to the timelines for appraisal, commerciality and field development plan,” Oil Secretary...

"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.

Petroleum Secretary Vivek Rae said Reliance Industries and the Directorate General of Hydrocarbons have a dispute over technical issues.

PMO has summoned Vivek Rae for a discussion on difficult measures the government may have to take to reduce oil import bill.

"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.

The oil ministry re-realigned portfolios of joint secretaries after oil minister Veerappa Moily prevailed on petroleum secretary Vivek Rae.

Tension is brewing between oil minister Veerappa Moily and petroleum secretary Vivek Rae over realignment of portfolios among bureaucrats.

Vivek Rae has asked bureaucrats in the oil ministry to clear numerous pending issues about oil and gas exploration by May end or face actio...

Though a solution to the key contention of the scope of audit remains elusive, Vivek Rae has made some inroads into bridging some differenc...

Banks not fulfilling MSME lending targets should be penalised, Ministry of Micro, Small and Medium Enterprises Secretary Vivek Rae has said.

The scheme would promote innovation which is aimed at improving the competitiveness and efficiency of small and medium enterprises.

Vivek Rae today took over as the Secretary in the Ministry of Micro, Small and Medium Enterprises (MSME).