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Of the total, the bulk of the funds totalling Rs 271 crore for 6.5 million LPG consumers were provided through the Aadhaar-enabled platform by the oil marketing companies between June and August.
Secretary level reshuffle is expected soon at centre, reports CNBC-TV18 quoting sources.
Speaking exclusively to CNBC-TV18, Sashi K Mukundan, Country Head of BP said that it will seek government approval for the RIL deal this week.
The RIL stock has been underperforming for quite some time now largely on account of lower production and consequently lesser profitability coming in. But the BP deal may act as a game changer for the Indian oil and gas producer.
A share sale in state-run refiner Indian Oil Corp (IOC) is likely in the next fiscal year, the country's oil secretary S Sundareshan said, a delay of at least a few months from an earlier slated January launch on unfavourable market conditions.
With time running out, a scramble has began to find a solution on how London-listed mining group Vedanta Resources can get government approval for its USD 9.6 billion deal to acquire majority stake in Cairn India.
Govt says hopeful of clearing Cairn-Vedanta deal
Oil Secretary S Sundareshan has said that high crude prices will adversely impact oil companies, reports CNBC-TV18 quoting NewsWire18.
Oil Secretary S Sundareshan said on Wednesday the country's oil payment row with Iran is yet to be resolved, but supplies from the Islamic nation continues.
The oil ministry will seek changes in crude and products duties after industry asked for cuts, Oil Secretary S Sundareshan said on Wednesday, as international crude prices hover near two-year highs.
State-run Indian Oil Corp's share sale will be delayed to the next financial year beginning on April 1, Oil Secretary S Sundareshan said on Monday.
The government expects a dispute with Iran over payment for crude oil to be settled as early as next week, ending a deadlock that has threatened to stall supplies from the Middle Eastern nation.
The government hopes to resolve an oil payment row with Iran when officials travel to Tehran this week, Oil Secretary S Sundareshan said on Monday, as New Delhi looks to balance its energy needs with its diplomatic interests.
