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LPG SUBSIDY CAP
PL Capital cuts Nifty target to 26,449, lists 16 high conviction stock picksAmidst global market turmoil from the Iran-US war and El Nino, PL Capital lowered its Nifty 50 target to 26,449. The brokerage anticipates ...
ATF prices rise about 10% as oil companies roll out fixed pricingAviation fuel prices have increased by about 10 percent. State-owned fuel retailers have introduced a price stabilization scheme. Domestic ...
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...
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...
Petrol-diesel price hike coming soon? Why IMF says it mustSpeculation mounts over potential petrol and diesel price hikes as assembly elections conclude, despite government assurances. The IMF urge...
Oil firms selling petrol at Rs 14 a litre loss, diesel at Rs 18Indian oil companies face substantial losses on petrol and diesel sales. Elevated crude oil prices are squeezing marketing margins. Cooking...
Let oil prices hurt: IMF cautions against govt shielding consumersThe IMF is urging governments to let fuel prices rise, warning that broad subsidies and price caps worsen global energy shocks. Allowing pr...
Decontrol oil prices and replace cross-subsidies with targeted DBTs for needy householdsDuring recent global crude price volatility linked to West Asia tensions, retail fuel prices in India remained largely unchanged, unlike in...
No serious LPG supply shortage reported by auto component makers so far, says govtAddressing an inter-ministerial briefing here on the recent developments in West Asia, Additional Secretary in the Ministry of Heavy Indust...
Economic Survey 2016: Government needs to reduce subsidised cylinders to 10At present, all households are entitled to get 12 cylinders of LPG at a subsidised rate of Rs 419.26, against the current market price of R...
High subsidies on LPG, kerosene to remain a challenge: ICRADespite reduction of subsidy on diesel, the gross under recoveries in 2014-15 are expected to remain high because of domestic cooking gas (...
Hike in cap on subsidised LPG cylinders would increase burden on PSU OMCs: ICRAThe rating major ICRA said, the measures by the GoI are populist and a Credit Negative for PSU OMCs and upstream companies.
Raising subsidised LPG cylinders to 12 a populist move: IcraThe government decision to raise the number of subsidised LPG cylinders to 12 per household a year from a quota of 9 is a populist move tha...
LPG susbsidy: Banks seek Aadhaar number for paymentFollowing direction from FM, banks have initiated the process of linking account with Aadhaar number for cash transfer of LPG and other sub...
- Cap on number of subsidised LPG cylinders likely to be revised soon
The government has indicated it may revise the decision to cap the number of subsidised LPG cylinders to six a year, per household, followi...
Government considering raising cap on subsidised LPG cylinders in 'next few days'Veerappa Moily said he will discuss with the Finance Minister and the Prime Minister as to what the government could do.
- LPG price hike: PDP workers stage protest, press for raising cap on subsidised cylinders
PDP leaders staged a brief sit-in at Regal chowk in Srinagar after a heavy police contingent stopped them from heading towards Lal Chowk.
- Prime Minister's Economic Advisory Council suggests hiking diesel price, cut in subsidised LPG cylinders
Raise the price of diesel and restrict supply of subsidised LPG cylinder in a year to four per family, Prime Minister's Economic Advisory P...
- Government looking at LPG subsidy cut, partial decontrol of diesel
Govt is to take a decision on capping the number of subsidized LPG cylinders to economically not weaker sections to bring down the subsidie...
Government looking at LPG subsidy cut, partial decontrol of dieselThe govt is close to taking a decision on capping the number of subsidised LPG cylinders to 'econonomically not weaker' sections to bring d...