Petroleum Minister Jaipal Reddy, speaking after a ministerial-level meeting on inflation on Monday, said that the government had no immediate plans to raise the administered prices of diesel,

Riding on better realisation and a favourable exchange rate, the country’s biggest exploration firm, Oil and Natural Gas Corp (ONGC), on Tuesday reported a 102 per cent rise in net profit for

Government-owned IndianOil, the country’s largest oil marketing company, has reported a more than three-fold increase in fourth-quarter net profit even as its annual profit dipped 47 per cent

After last week’s 12 per cent increase in the price of petrol caused much unrest, the government is having second thoughts on raising prices of diesel and cooking fuels. Speaking after an