The Union Cabinet on Wednesday decided to sell its entire stake in three enterprises and bring down stake below 51 per cent in select PSUs
As the country invests Rs 100 trillion in creating and upgrading infrastructure, steel consumption is poised to grow exponentially
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Minister of Steel Dharmendra Pradhan said that in the next two-three years, India will be in a position to continue to remain the net exporter of steel for years
High grade and value-added steel are used in power, defence and automobile which is currently imported
Oil minister Dharmendra Pradhan said late on Monday that India is open to importing oil from Russia.
India is expanding oil refining capacity to produce more fuel and petrochemicals as also investing in pipelines and terminals to increase the share of natural gas in the energy mix.
It is being speculated that the Union Cabinet may take up a proposal to privatise BPCL as early as next week
All this, Pradhan said, augurs well for the steel demand in the country
His meeting assumes significance as steel companies in Japan have shown interest in investing in India.
He was campaigning for BJP candidate Sanat Gartia in Bijepur assembly by-election
The government is giving special impetus to develop gas infrastructure across the length and breadth of the country connecting north to south and east to west parts of India, he said.
India's diversified crude and product basket was one reason that helped India in avoiding the Saudi Aramco crisis.
The lease would then be extended for a further period of up to 20 years at a time
At present, the country is importing around 2-3 million tonne (mt) of steel from the overseas market
The minister for petroleum and natural gas was speaking at a meeting attended by a Mongolian business delegation led by the country's President Khaltmaagiin Battulga
Minister says volatility in international pricing a cause of concern for India
Oil Minister Dharmendra Pradhan on a three-nation visit courted the new Saudi Arabian minister in Jeddah
Minister sees domestic natural gas output rising by 20% to 39.3 billion cubic metres by 2020-21.
Household kitchens getting piped cooking gas has doubled to nearly 52 lakh and licences awarded would take the number to 5 crore by 2030, he said