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Ministry of Petroleum and Natural Gas

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13 Stories Indexed
Last Updated: Just Now
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National Governance & Policy Just now (05:51 PM IST)

Oil Ministry Seeks to Decriminalise Minor Offences Under Petroleum Act Amendment

Indiaโ€™s Oil Ministry has proposed amending the Petroleum Act, 1934, by revising Chapter III on penalties and procedure to decriminalise minor offences. The move is aimed at reducing compliance burden, easing enforcement, and aligning the law with the governmentโ€™s broader push to replace punitive provisions with civil penalties where appropriate.

By RDU Global Wire5 min read
National Governance & Policy1h ago

India's Infra Pipeline Sees Rs 2.88 Lakh Crore Cost Overrun in August, MoSPI Data Shows

Infrastructure projects worth more than Rs 150 crore each reported a cumulative cost overrun of Rs 2,88,122 crore in August 2026, according to the Ministry of Statistics and Programme Implementation. The latest monthly review shows that while delays and inflationary pressures continue to weigh on large projects, implementation is still advancing, with nearly half of the revised project cost already spent.

5 min readRead โ†’
National Governance & Policy4h ago

Press Club Condemns Detention of Journalists Covering Jantar Mantar Protest, Calls It Grave Threat to Press Freedom

The Press Club of India has condemned the detention of two journalists, Frontline's Vedaant Lakhera and The Wire's Mohammad Irfan, while they were covering a protest at Jantar Mantar against Chief Election Commissioner Gyanesh Kumar. The club said both reporters were wearing press IDs and described the police action as deeply troubling, while also criticising a separate West Bengal Police FIR against Maktoob Media as an attack on independent journalism.

5 min readRead โ†’
India & World Affairs11h ago

India Moves to Shield Tax Powers as New Investment Treaty Talks Advance

India is preparing to keep taxation outside the scope of its bilateral investment treaty framework, underscoring New Delhi's determination to preserve sovereign control over tax policy even as it seeks to attract foreign capital. A finance ministry note has been circulated for Cabinet consideration while treaty negotiations with four to five countries are under way, an official said.

5 min readRead โ†’
National Governance & Policy11h ago

India, EDF Explore French EPR Nuclear Technology and Pumped Hydro Cooperation

India's power secretary Pankaj Agarwal met EDF chairman and CEO Bernard Fontana to discuss the possible deployment of the French utility's EPR nuclear reactor technology in India, the power ministry said on Friday. The talks also covered the evolving regulatory framework for the nuclear sector and potential cooperation on pumped hydro storage projects, underscoring a broader push to deepen Indo-French energy ties.

5 min readRead โ†’
Macro Economy & Fiscal Policy27m ago

India trims FY27 market borrowing to Rs 15.99 lakh crore, signals longer debt profile to ease rollover risk

The Centre has lowered its gross market borrowing for FY27 to Rs 15.99 lakh crore, while keeping net borrowing at budgeted levels and leaning more heavily on longer-dated securities to manage debt costs and rollover risk. The finance ministry's second-half borrowing calendar also includes Rs 15,000 crore of sovereign green bonds, underscoring the government's effort to preserve fiscal credibility even as bond yields climb.

4 min readRead โ†’
Banking, Fintech & Insurance1h ago

RBI Sets H2 FY27 WMA Limit at Rs 50,000 Crore to Back Government Cash Flow

The Reserve Bank of India has fixed the Ways and Means Advances limit for the second half of 2026-27 at Rs 50,000 crore, giving the central government a short-term financing backstop to manage temporary mismatches between receipts and payments. The RBI said it may trigger fresh market borrowing if the government uses 75 per cent of the limit, while retaining the flexibility to revise the ceiling if circumstances change.

4 min readRead โ†’
Defence, Intelligence & AerospaceJust now (06:45 AM IST)

Dogs Decipher Human Language Using Unique Cognitive Mechanisms, Study Reveals

A groundbreaking study has unveiled that dogs employ cognitive strategies similar to human infants to interpret human speech, challenging previous assumptions about canine communication abilities. This research sheds light on the intricate bond between humans and dogs, suggesting a deeper understanding of language processing in non-human species.

3 min readRead โ†’
National Governance & Policy1h ago

Vice President C.P. Radhakrishnan to Visit Kerala on September 27

Vice President C.P. Radhakrishnan is set to embark on an official visit to Kerala on September 27, marking a significant political and institutional engagement in the state. This visit is anticipated to enhance formal dialogue between the state government, administrative apparatus, and various sectors of public life.

3 min readRead โ†’
India & World Affairs2h ago

At UNGA, Jaishankar rebukes Pakistan on terrorism and water, says India will defend itself

External Affairs Minister S. Jaishankar used India's National Statement at the United Nations General Assembly to launch a sharp rebuttal to Pakistan Prime Minister Shehbaz Sharif, rejecting what he called attempts to normalise terrorism and deny its consequences. He also linked global instability to rising costs for the Global South, pressed for UN reform, and reiterated India's support for a two-state solution in Gaza.

5 min readRead โ†’
Energy, Power & CleanTech2h ago

Annpurna Devi Accuses Jharkhand Government of Opposing Mines Law to Shield Coal Theft

Union Minister Annpurna Devi launched a sharp attack on the Hemant Soren government, alleging that its opposition to the Mines and Minerals (Development and Regulation) Amendment Act is aimed at enabling coal theft and protecting arbitrary state-level levies. She said the amendment would bring uniform taxation, attract investment and create jobs, while the Jharkhand government called the law a "black Bill" that undermines the state's rights over its minerals.

5 min readRead โ†’
India & World Affairs5h ago

Jaishankar Says BRICS and UN Are Not Rivals, Calls for Reform-Driven Global Order

External Affairs Minister S. Jaishankar said it is a "false choice" to frame BRICS and the United Nations as competing alternatives, arguing that smaller groupings are meant to support, not supplant, the global body. Speaking in New York on the margins of the UN General Assembly, he said BRICS reflects bottom-up pressure for reform and alternative thinking within the international system.

5 min readRead โ†’

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