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PETROLEUM SUBSIDY
Only 23% of rural households use LPG exclusively, CEEW studies findMany rural households lack doorstep LPG delivery, facing refill cost and logistics issues. Only a fraction of rural homes use LPG exclusive...
PM Modi urges auto industry innovation for Viksit Bharat; pushes for EV accelerationPrime Minister Modi urged the Indian auto industry to innovate for Viksit Bharat by 2047. Adviser Tarun Kapoor stressed accelerating the el...
War, weather push crop prices to biggest monthly gain Since 2012Crop prices saw their largest monthly jump in over a decade. Wheat prices reached a three-year high as Black Sea shipments were impacted. S...
Venezuelans view US oil deal with doubt, hopeVenezuela and the United States have finalized a significant oil deal. This agreement aims to revitalize the nation's struggling petroleum ...
India's fiscal deficit for April-July at Rs 4.55 lakh crore, narrows to 26.8% of FY27 aimIndia's fiscal deficit reached 4.55 lakh crore rupees through July. This figure represents 26.8% of the annual budget estimates for this ye...
Oil & gas stocks after 6 months of West Asia crisis: Who beat markets, who lagged & what’s next?The Nifty Oil & Gas Index lagged behind the broader market following the onset of the West Asia conflict. Despite this, Aegis Logistics and...
India's economic growth to slow to 6.8% in FY27 amid West Asia crisis, El Nino impact: Ind-RaIndia Ratings and Research has raised its FY27 GDP growth forecast to 6.8% from 6.7%, but expects growth to slow from 7.6% in FY26 amid inf...
Government weighs PNG drive 3.0 to speed up adoption; launch likely in SeptemberThe government is set to launch the PNG Drive 3.0 initiative, designed to expedite gas connections for households and industries alike. Pre...
Green energy federation asks govt to extend CBG blending rule to industrial consumersThe Indian Federation of Green Energy wants to expand compressed biogas blending obligations. This move aims to include large industrial ga...
Retailers’ cooking gas losses dip in August, but government dues top Rs 59,000 croreFuel retailers' revenue loss on subsidized LPG narrowed to Rs 188 per cylinder in August. This marks a sharp decrease from the Rs 500 loss ...
Centre to launch Sampoorn Gobardhan Scheme on August 10 to boost CBG productionThe Centre will launch the Sampoorn Gobardhan Scheme on August 10 to accelerate compressed biogas production. This new scheme offers higher...
Govt approves Rs 4,687 crore interest subsidy for ethanol projectsThe government has approved ₹4,687 crore in interest subsidies for eligible ethanol projects. This support covers interest subvention for n...
Petrol could cost Rs 125/litre without ethanol blending: GovernmentThe Ministry of Petroleum defended the Ethanol Blended Petrol Programme against criticisms. It stated petrol prices would have risen signif...
Alternate fuel penetration in Indian CV industry to touch 40-45% by FY30: ICRAThe rise in EV penetration in the commercial vehicles (CV) industry is led primarily by the bus segment within the M&HCV (medium and heavy ...
Inspired by the CJP, 'E20 Janta Party' launches campaign against ethanol-blended fuel, seeks Gadkari's resignationA new group, E20 Janta Party, launched an online campaign for 100% petrol choice. They also demand Road Transport Minister Nitin Gadkari's ...
Ethanol could soon make its way to Indian kitchensIndia's petroleum ministry is developing a policy for ethanol as a mainstream cooking fuel. This initiative aims to reduce dependence on im...
LPG subsidy bill may top Rs 1 lakh crore in FY27, create Rs 70,000 cr gap over Budget allocationIndia's LPG subsidy bill may surpass Rs 1 lakh crore in fiscal year 2027. This projection indicates a significant shortfall against the bud...