Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
LS Passes Bill to Boost Investments in Oil, Gas
Hindustan Times Gurugram
|March 13, 2025
The Lok Sabha on Wednesday passed the Oilfields (Regulation and Development) Amendment Bill, 2024 that differentiates petroleum operations from mining, defines mineral oil to cover all hydrocarbons including natural gas, and proposes policy stability along with ease of doing business to make domestic petroleum exploration and production attractive for investors.
NEW DELHI:
Speaking on the bill in the House, petroleum minister Hardeep Singh Puri said augmenting domestic oil and gas output is necessary to fuel India's high economic growth as for any major economy, energy consumption is a "reasonably good indicator" of economic performance. Rajya Sabha has already passed the bill on December 3, 2024.
Puri also emphasized on "what the bill does not do, and will not do." "The bill does not alter the rights of states," he said. For on-land areas, states will continue to give leases and receive royalties as before. "That is the situation now and that is the situation which will continue," he added.
Denne historien er fra March 13, 2025-utgaven av Hindustan Times Gurugram.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Hindustan Times Gurugram
Hindustan Times Gurugram
How international law sees the Taliban regime
The recent visit of Afghanistan's foreign minister, Amir Khan Muttaqi, to India has triggered a debate on whether India should formally recognise Kabul’s Taliban government, once considered synonymous with international terrorism, that came to power in 2021 through a horrific takeover.
3 mins
October 28, 2025
Hindustan Times Gurugram
India aiming to be among top 5 shipbuilding nations, says Shah
Union home minister ‘Amit Shah on Monday declared that India is aiming to achieve 10,000 million metric tonnes per year of port handling capacity, and place itself among the top five countries in the global shipbuilding industry.
1 min
October 28, 2025
Hindustan Times Gurugram
Cultural motifs shape parties’ electoral plans
Culture becomes poll pitch
4 mins
October 28, 2025
Hindustan Times Gurugram
Regulator halts Sterlite Electric public listing
India’s markets regulator has put Sterlite Electric’s, the initial public offering (IPO) on hold, according to an update on the regulator's website on Monday.
1 min
October 28, 2025
Hindustan Times Gurugram
Delhi bans non-BS-VI truck entry from Nov |
The Delhi government's transport department on Monday issued a public notice stating that all commercial goods vehicles registered outside the Capital that are not BS-VI compliant will be barred from entering Delhi from November 1, in line with directions from the Commission for Air Quality Management (CAQM).
1 min
October 28, 2025
Hindustan Times Gurugram
ARUNACHAL IAS OFFICER HELD FOR TEEN'S SUICIDE
An Indian Administrative Service (IAS) officer was arrested on Monday after he surrendered before the police in connection with the alleged suicide of a 19-year-old man in Arunachal Pradesh last week, officials said.
1 min
October 28, 2025
Hindustan Times Gurugram
India must be ready for war-like situation: Rajnath
India must remain ready for a “warlike situation” in the wake of the military conflict with Pakistan in May and redefine its security and strategy because of the weakening of the established world order, defence minister Rajnath Singh said on Monday.
2 mins
October 28, 2025
Hindustan Times Gurugram
Justice Kant recommended as next CJI, to be 1st from Haryana
Justice Surya Kant, who was recommended on Monday as the next Chief Justice of India by CJI Bhushan R Gavai, is poised to make history as the first jurist from Haryana to assume the nation’s highest judicial office.
3 mins
October 28, 2025
Hindustan Times Gurugram
UK man held for 'racially aggravated' rape of Indian-origin woman: Police
A 20-year-old woman, locally identified as being of Indian heritage, was attacked in a “racially aggravated” rape in the West Midlands region of England over the weekend.
1 mins
October 28, 2025
Hindustan Times Gurugram
SC reluctant to pursue contempt against shoe-hurling bid accused
THE COURT SAID THAT GIVING ATTENTION TO THE LAWYER WOULD ONLY GLORIFY A PERSON WHO ‘DESERVES THE CONTEMPT OF BEING IGNORED’
2 mins
October 28, 2025
Listen
Translate
Change font size