Indian state-run Oil and Natural Gas Corp plans to bid for Israeli offshore oil-and-gas exploration blocks, India’s oil minister told Reuters, the first major deal between the two countries since a groundbreaking trip by Prime Minister Narendra Modi in July. India and Israel have deep defence ties but Modi and ... Read More »

Stressing that the government was committed towards reforming the subsidy structure, Petroleum Minister Dharmendra Pradhan on Wednesday said that 83 lakh people had voluntarily given up their LPG subsidy so far. Answering a question about whether the government would accept the Kirit Parikh Committee’s recommendations on reducing subsidy burden, Pradhan ... Read More »