Behind the petrol pump: Why fuel retailers losing Rs 7-8 per litre need $85 crude oil to stop bleeding cashOil companies face continued losses of Rs 7-8 per litre on petrol and diesel, with a breakeven point only at crude prices of $85-87 a barre...
27 May, 2026, 10.36 AM IST
Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
20 May, 2026, 05.16 PM IST
Rs 3 a litre fuel price hike cuts losses by 25 per cent; daily loss drops to Rs 750 croreIn a noteworthy shift, Indian oil corporations have curtailed daily losses by almost 25% thanks to a Rs 3 per litre increase in petrol and ...
18 May, 2026, 09.04 PM IST
From India to China, a look at what governments worldwide are doing to shield households from rising energy costsGovernments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...
13 May, 2026, 09.02 AM IST
After winning poll battles, Modi has picked up a new fightAmidst rising crude oil prices and a weakening rupee, Prime Minister Modi has urged Indians to embrace austerity. His call to reduce fuel c...
11 May, 2026, 01.16 PM IST
Rising energy bills: How EVs, rooftop solar, induction cooking can protect your household budget and how much they actually costFuel prices are volatile, electricity tariffs are rising, and your LPG cylinder is at the mercy of global events. Here’s how switching to a...
11 May, 2026, 11.49 AM IST
India braces for a Rs 50,000 crore rise in its subsidy bill for FY24Subsidy outgo for FY24 had been budgeted at ₹4.03 lakh crore, but may shoot up to ₹4.53 lakh crore. However, even this stretched welfare sp...
28 Nov, 2023, 07.08 AM IST
Govt plans blending of Methanol with LPG to cut subsidy bill by 30%Mixing 20% methanol with LPG is estimated to bring down the cost of cooking gas for household consumption by Rs 100 a cylinder
30 Sep, 2018, 11.25 PM IST
Government says DBT scheme saves Rs 21K crore in LPG subsidy in 2 yearsThe savings from the elimination of fake cooking gas LPG connections as a result of implementation of DBT in last two years are estimated a...
20 Jul, 2016, 07.40 PM IST
LPG subsidy not to be taxed: Finance MinistryFinance Ministry clarified that LPG subsidy received by individuals in their bank accounts will continue to be exempt from income tax.
05 May, 2015, 09.38 PM IST
Vedanta Group asks employees to give up subsidised LPGThe move comes close on heels of Tata Group requesting its employees to voluntarily consider giving up use of subsidised LPG.
08 Apr, 2015, 03.04 PM IST
Government targets 1 crore consumers to give up LPG subsidyModi in his address said that as many as 2.8 lakh people have surrendered LPG subsidy which has led to savings of Rs 100 crore.
29 Mar, 2015, 02.48 PM IST
LPG subsidy given up by 1.5 lakh consumers to boost government's subsidy regime reformsSubsidised LPG has been a potent issue for lower and middle-class voters, forcing governments in the past to renege on their promises of re...
03 Mar, 2015, 02.31 AM IST
We are not for elimination of all subsidies: Vijay KelkarGovt needs to subsidise kerosene and food for poor, Kelkar said observing that the committee on fiscal consolidation headed by him was not ...
29 Sep, 2012, 07.37 PM IST
- Govt make hike diesel, LPG prices on Friday, says CLSA
The government may go ahead and hike diesel and LPG prices on Friday according to CLSA.
24 May, 2012, 01.51 PM IST
- TN govt issues order to grant subsidy of Rs 30 per cylinder
The Tamil Nadu government on Monday issued orders granting a subsidy of Rs 30 per LPG cylinder for families having only one gas connection.
01 Jul, 2008, 12.14 AM IST
Proposal to limit subsidised LPG shot downNEW DELHI: A proposal to limit subsidised domestic cooking gas to one connection per family and kerosene to families below poverty line has...
21 Feb, 2002, 02.52 PM IST