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FERTILISER AND LPG SUBSIDY
World MSME Day: Chemical industry seeks policy support to boost competitiveness amid global trade disruptionsIndian chemical industry leaders are urging a policy overhaul to boost competitiveness ahead of World MSME Day 2026. They highlight the nee...- 100 days of Iran war: India must brace for broad-based economic shockIn a volatile turn of events, escalating strikes between Iran and Israel are sending shockwaves that may reach India’s economy. As the spec...
- Shivraj Chouhan to launch 'Khet Bachao Abhiyan' on June 1 as Govt reviews fertiliser, fuel stocks amid West Asia crisisUnion Agriculture Minister Shivraj Singh Chouhan launches Khet Bachao Abhiyan nationwide from June 1. The campaign aims to reduce excessive...
- Govt says India has ample petrol, diesel supply, calls for crackdown on diversionThe govt has confirmed that petrol and diesel supplies are ample for every home and community in the country. Instances of regional shortag...
- 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...
- 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...
- 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 ...
- 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...
- India has 60 days of crude oil, 60 days of Natural Gas & 45 days of LPG rolling stock: CentreIndia is launching a national mission to conserve fuel amid global energy market turmoil. The government assures citizens of robust energy ...
- 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...
- 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...
- OMCs push for increase in LPG, petrol, diesel, ATF prices as losses mountOil prices are soaring, pushing the govt to consider raising fuel costs. State-run companies are facing significant losses due to the sharp...
- West Asia crisis drives up fuel losses for OMCs: ICRAAt crude prices of $120-125 per barrel, marketing margins are estimated at around negative Rs 14 per litre for petrol and Rs 18 per litre f...
- 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...
- LPG under-recoveries may hit Rs 80,000 crore in FY2027 amid West Asia disruptions: ICRAIndian oil companies face significant financial strain. LPG under-recoveries may reach Rs 80,000 crore by FY2027. Supply disruptions and hi...
- No LPG, no worry: This village in Kolhapur cooks food without cylinders, wood or coalIn Maharashtra's Kolhapur district, families are cooking with biogas, a clean fuel derived from local waste like cattle dung and kitchen sc...
- Budget & the Stock Market: The ‘policy risk’ number in the budget that the market tends to ignore – but should notThis is the number in the Union Budget that the market does not often focus on, but one which influences fiscal outcomes, inflation outcome...
- 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...
- Subsidy bill nears Rs 6 lakh crore in FY'21 mainly on extra free foodgrain distributionIn February 2020 Budget, presented in the pre-COVID scare, the government had estimated the subsidy bill at Rs 2,27,794 crore. However, all...
- 2 lakh point-of-sale machines installed for roll out of fertiliser DBTThe PoS machines have reached almost all of the two lakh outlets where the DBT for fertiliser will be rolled out, Minister of State for Fer...
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