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PETROLEUM SUBSIDY
Retailers’ cooking gas losses dip in August, but government dues top Rs 59,000 croreFuel retailers' revenue loss on subsidized LPG narrowed to Rs 188 per cylinder in August. This marks a sharp decrease from the Rs 500 loss ...- Centre to launch Sampoorn Gobardhan Scheme on August 10 to boost CBG productionThe Centre will launch the Sampoorn Gobardhan Scheme on August 10 to accelerate compressed biogas production. This new scheme offers higher...
- Govt approves Rs 4,687 crore interest subsidy for ethanol projectsThe government has approved ₹4,687 crore in interest subsidies for eligible ethanol projects. This support covers interest subvention for n...
- Petrol could cost Rs 125/litre without ethanol blending: GovernmentThe Ministry of Petroleum defended the Ethanol Blended Petrol Programme against criticisms. It stated petrol prices would have risen signif...
- Alternate fuel penetration in Indian CV industry to touch 40-45% by FY30: ICRAThe rise in EV penetration in the commercial vehicles (CV) industry is led primarily by the bus segment within the M&HCV (medium and heavy ...
- Inspired by the CJP, 'E20 Janta Party' launches campaign against ethanol-blended fuel, seeks Gadkari's resignationA new group, E20 Janta Party, launched an online campaign for 100% petrol choice. They also demand Road Transport Minister Nitin Gadkari's ...
- Ethanol could soon make its way to Indian kitchensIndia's petroleum ministry is developing a policy for ethanol as a mainstream cooking fuel. This initiative aims to reduce dependence on im...
- LPG subsidy bill may top Rs 1 lakh crore in FY27, create Rs 70,000 cr gap over Budget allocationIndia's LPG subsidy bill may surpass Rs 1 lakh crore in fiscal year 2027. This projection indicates a significant shortfall against the bud...
- Pakistan PM Shehbaz Sharif warns of risk to economy amid renewed West Asia tensionsPrime Minister Shehbaz Sharif warned of economic risks due to regional conflict. He directed authorities to maintain full preparedness for ...
- Oil is crude once again! Is $95 the new normal and what it means for Indian investors?Crude oil prices are rising again due to escalating Middle East tensions. This surge impacts India's import costs and government finances s...
- Don’t become an alcoholic: India’s ethanol push risks solving one problem while creating anotherIndia's push for E20 fuel presents both benefits and drawbacks for vehicular efficiency. Ethanol offers cleaner burning properties but redu...
- 'Khaunga, khane doonga aur khilaunga': Congress slams PM Modi's anti-graft pitchCongress has called Prime Minister Narendra Modi's promise a hoax. The party alleges a pattern of corruption and cover-ups under his leader...
- India's economic plot twist comes with one villain stepping aside, another waitingIndia's economic outlook has improved as falling crude oil prices ease inflation, strengthen the balance of payments and prompt economists ...
- India weighs 30-day LPG stockpile as BPCL leads storage expansion amid energy security pushIndia is boosting its LPG reserves to a 30-day supply, a strategic move prompted by the Iran war highlighting supply route vulnerabilities....
- PM Modi appeal impact: Gold import growth down substantially in MayGold imports saw a significant slowdown in May, a welcome development following Prime Minister Modi's calls to curb consumption. This decel...
- India's April-May fiscal deficit at ₹1.62 lakh crore, widens on-year to 9.6% of FY27 aimIndia's fiscal deficit stood at ₹1.62 lakh crore during April-May, accounting for 9.6% of the full-year budget estimate, according to gover...
- Sri Lanka reduces fuel prices after Middle East ceasefireSri Lanka on Tuesday cut fuel prices by up to six percent, the first such move since the Middle East war triggered a surge in energy prices...
- Why India stayed resilient through the Hormuz crisisIndia successfully navigated the Strait of Hormuz closure, ensuring energy security for its citizens. Despite a significant drop in West As...
- Oil falls to pre-war levels, no change in petrol and diesel prices in IndiaGlobal crude oil prices have fallen to their lowest levels since before the Iran conflict, with Brent slipping to around USD 72–73 per barr...
- Railways showed the way. What should India electrify next?If railway electrification was one of the defining infrastructure decisions of the twentieth century, the electrification and redesign of I...
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