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WINTER FUEL SUBSIDY
Iran war triggers global race to build oil reservesVulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push f...- Scientists say a stretch of water near your neighborhood could become a winter heater and summer cooler that might one day serve about 18% of Europe’s homesA new energy technology called aquathermal energy can use lake water to heat homes. This system captures thermal energy from water sources....
- Gulf shipping standoff hits world’s most vulnerable farmersGlobal supply chain disruptions, exacerbated by international conflicts, are making essential farming inputs scarce and unaffordable for sm...
- 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...
- Energy shock strains India’s growth, fiscal outlook: S&P reportIndia faces economic challenges from Middle East conflict. Energy prices and supply constraints strain finances. Rising bond yields, inflat...
- Russian LNG under US sanctions heads for the first time to IndiaA Russian liquefied natural gas cargo, currently under United States sanctions, is en route to India. This shipment, if it reaches its dest...
- $1,000 crisis checks delayed again — thousands now forced to wait until December 3 for relief$1,000 crisis checks under LIHEAP are delayed again, pushing payments to December 3 after states failed to receive federal allocations duri...
- In a big u-turn, UK restores winter fuel payments to millions of pensionersFacing intense political pressure, Prime Minister Keir Starmer's Labour government in the United Kingdom has reversed unpopular cuts to win...
- Govt may give Rs 35,000 crore LPG subsidy to IOC, BPCL, HPCLThe government plans to grant a Rs 35,000 crore subsidy to IOC, BPCL, and HPCL to cover losses from selling domestic LPG at unchanged price...
- UP govt extends generator subsidy for industries in NCR districts to switch to clean fuelsThe state government is extending its generator subsidy for another five years for polluting industries in NCR districts. This aims to help...
- UK could face public health 'crisis' from energy bill hikeBritain's public health leaders appealed to the government on Friday to urgently tackle soaring energy prices, warning that the steep rise ...
- LPG prices may come down next month: Dharmendra Pradhan"This is not true that the price (of LPG) is constantly increasing. This month it was hiked due to the international market. However, there...
- Hefty fuel price cut in near future but government may wait to free up dieselThe continued low global oil prices would allow the government to breathe easy as the macroeconomic environment improves substantially.
- Fuel prices may see steep declineHefty cut in fuel prices are round the corner as global benchmark oil prices continue to fall, dropping below $90 a barrel on Friday as Ira...
- Revenue loss of oil companies down by Rs 1500 crore on rupee riseRupee appreciation post government decision to allow FDI in retail has helped cut revenue loss of state-owned fuel retailers by over Rs 1,5...
- Oil PSUs to lose Rs 178,491 crore despite diesel price hikeA steep Rs 5.63 per litre hike in diesel prices notwithstanding, state-owned fuel retailers are likely to end the fiscal with a staggering ...
- CAG to audit under-recoveries of oil companiesIOC had in April-June reported the biggest quarterly net loss by any company as the govt failed to compensate OMCs for under-recoveries on ...
- Oil minister Jaipal Reddy rules out petrol price hike for nowThe govt says the cos are free to revise petrol price but they do not move without an informal nod from oil ministry since it is the majori...
- Team Nilekani to shape model for direct susbidy transferGovernment has set up a task force headed by UIDAI chairman, Nandan Nilekani to suggest a suitable mechanism of direct transfer of subsidy ...
- Govt to pay state oilcos Rs 10K cr to compensate rev lossThe government will give Rs 10,000 crore to state fuel retailers for selling fuel below cost in the first half of the current fiscal.
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