Oil & gas
No LPG subsidy for those with income over Rs10 lakh
28 Dec 2015
The government’s subsidy payout on LPG in 2014-15 was Rs40,551 crore, which this fiscal is less than half as oil prices have slumped to six year low and the latest decision will further reduce the government’s subsidy bill
ONGC Videsh picks up stake in Russian oil fields
26 Dec 2015
Modi looks to deepen energy, defence ties with Russia
23 Dec 2015
India and Russia are likely to ink a number of pacts in sectors, including defence and nuclear energy, during the visit, the high point of which will be Thursday's 16th annual summit between the countries
Brent crude futures hit an 11-year low near $36 a barrel
21 Dec 2015
Crude oil prices hit an eleven-year low on Monday amidst a steady rise in global production and record supply
