Governments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...

Speculation mounts over potential petrol and diesel price hikes as assembly elections conclude, despite government assurances. The IMF urge...

Indian oil companies face substantial losses on petrol and diesel sales. Elevated crude oil prices are squeezing marketing margins. Cooking...

The IMF is urging governments to let fuel prices rise, warning that broad subsidies and price caps worsen global energy shocks. Allowing pr...

During recent global crude price volatility linked to West Asia tensions, retail fuel prices in India remained largely unchanged, unlike in...

Addressing an inter-ministerial briefing here on the recent developments in West Asia, Additional Secretary in the Ministry of Heavy Indust...

At 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...

As a customer is entitled for 12 units of 14.2 kg LPG cylinders per year, annual subsidy amount per consumer will be Rs 3,408 per household.

Despite reduction of subsidy on diesel, the gross under recoveries in 2014-15 are expected to remain high because of domestic cooking gas (...

The rating major ICRA said, the measures by the GoI are populist and a Credit Negative for PSU OMCs and upstream companies.

The 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...

The government has indicated it may revise the decision to cap the number of subsidised LPG cylinders to six a year, per household, followi...

Veerappa Moily said he will discuss with the Finance Minister and the Prime Minister as to what the government could do.

PDP leaders staged a brief sit-in at Regal chowk in Srinagar after a heavy police contingent stopped them from heading towards Lal Chowk.

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...

Govt is to take a decision on capping the number of subsidized LPG cylinders to economically not weaker sections to bring down the subsidie...

The govt is close to taking a decision on capping the number of subsidised LPG cylinders to 'econonomically not weaker' sections to bring d...