Pradhan pitches for cut in oil cess
Petroleum Minister Dharmendra Pradhan has asked Finance Ministry to cut cess on domestically produced crude oil to 10-12 per cent from current 20 percent to provide relief to producers hit by slump in prices.
Aug 03, 2016, 17:02 PM ISTONGC's subsidy burden being cut
The government plans to sell 5 percent stake in ONGC worth about $2.5 billion as part of its divestment programme.
Dec 08, 2014, 19:12 PM ISTOil Ministry to cut subsidy burden of ONGC, adjust its cess payment
The move to lessen the subsidy burden will give a flip to government's plan to sell 5 percent stake in Oil and Natural Gas Corp (ONGC) to garner about Rs 17,000 crore.
Dec 08, 2014, 13:58 PM IST