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    Oil Minister Jaipal Reddy

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    • Fuel price hike put on hold, OMCs decline

      The fuel price hike, which was expected in the next few hours, have been put on hold. Oil minister Jaipal Reddy confirmed to mediapersons on Friday that there is no immediate proposal to hike prices of petrol, diesel and LPG.

    • Cairn's wait continues, NOC for Vedanta on hold again

      However, sources have said that Cairn India expects home ministry nod for Vedanta deal next week. According to Cairn sources, they don't have any major issues pending with ONGC too.

    • GoM for Cairn-Vedanta deal notified: Oil Min sources

      The group of ministers (GoM) to look into the Cairn-Vedanta deal has finally been notified. CNBC-TV18's Nayantara Rai reports on what is the composition of GoM and what are the options available in front of them.

    • Govt, Cairn, Vedanta to meet on Feb 6: Sources

      India's oil secretary may meet Cairn Group and Vedanta Resources on Sunday, ministry and company sources said, to try to hammer out royalty payment issues that threaten the multi-billion dollar takeover of Cairn India.

    • Finance ministry to pay Rs 8000 cr oil subsidy: Reddy

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