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LPG SUBSIDY NEWS
Govt cuts subsidised LPG cylinders to Ujjwala beneficiaries to 4The government has cut the annual subsidised cooking gas cylinders for Ujjwala scheme beneficiaries to four. This move aligns support with ...- 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 ...
- 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...
- Indane LPG Gas Cylinder Update: Are you getting warning messages on mobile? Here's what you should knowIndane Gas Booking News: Consumers receiving subsidised LPG cylinders face new warnings. Oil companies are now cross-referencing customer d...
- Oil shock will hit Asia harder than the 1970sAsia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers and industries. This ...
- Cabinet likely approves DA hike, LPG subsidy scheme extension: ReportThe Cabinet is expected to approve a 4% hike in dearness allowance (DA) for central government employees, according to sources cited by ET ...
- No LPG subsidy to households, Rs 200 LPG dole limited to Ujjwala beneficiariesNirmala Sitharaman had while announcing a cut in excise duty on petrol by a record Rs 8 per litre and that on diesel by Rs 6, stated that U...
- How will petrol & diesel excise cuts, LPG subsidy impact OMC stocks?Analysts noted that OMCs have been losing money on the sale of petrol, diesel, and LPG. They believe the excise cuts should give OMCs a hea...
- Indian Oil reduces subsidised LPG cylinder price by Rs 6.5, non-subsidised by Rs 133The company said the price has been reduced due to fall in global crude oil prices.
- Airtel to NPCI: Will return Rs 190 cr subsidy to original a/csAirtel and its payments bank have been under the scanner after Airtel allegedly opened accounts of its mobile phone subscribers without the...
- The good news is Parliament is running: PM Narendra Modi"The good news is Parliament is running," remarked Prime Minister Narendra Modi today as he sent his audience at an event into peals of lau...
- Further clarity on subsidy sharing mechanism to rerate OMC stocks: Deven ChokseyDiesel has been excluded from subsidy sharing mechanism; LPG direct cash transfer has already kicked off, Choksey points out.
- ONGC to get re-rated enough: Prakash Diwan, Altamount Capital Management"We have seen the impacts of subsidy on diesel and petrol and one wonders what they have done to stocks like BPCL or IOC. ONGC could probab...
- Government considers staggered LPG and kerosene price hikeAccording to ET Now sources, the government is looking to up LPG prices by Rs 5 per month per cylinder and kerosene by Re 1 per litre per m...
- Finance Ministry tells bankers to seek Aadhaar numbers for DBT for Direct Benefit TransferFinance Ministry asked the banks to approach the customers for submission of Aadhaar number to ensure seamless transfer of cash benefit.
- Budget 2013: Cess burden on oil importers to be restored to old level, says Sudhir Vasudevan, ONGC"My wish list is that the cess burden which was increased in the last finance bill should be restored back to the original levels of Rs 250...
- Diesel seeing maximum losses, prices need to be hiked: Prayesh Jain, IIFLSome steps need to be taken on the diesel price hike before we take any long-term view on these oil marketing companies.
- Budget 2012 hikes cash subsidy for state-owned oil firmsGovernment has hiked the cash subsidy it will pay to state-owned oil firms for selling fuel below cost in current fiscal to Rs 65,000 crore...
- Economic Survey 2011-12: Fix a per litre diesel subsidy to reduce billAdvocating raising fuel price with rise in input cost, the pre-Budget Economic Survey today asked the government to pay a fixed amount per ...
- Plan to set up 1000 gas filling stations across India in 3 yrsThe Indian Auto Gas company,engaged in distributing LPG for automobiles, plans to set up 1,000 gas filling stations across the country over...
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