Fuel crisis hits Manipur, Centre mum

In Manipur's Imphal Valley, a litre of petrol costs Rs 70 and a liquefied petroleum gas cylinder costs Rs 600. A week from now, Manipur might not have even that. One month after the All Naga......

Subsidy on kerosene likely to go by FY21

A major reason for the decline in the consumption of kerosene was an increase in the number of LPG consumers in rural India after the government launched the Pradhan Mantri Ujjwala Yojana. in 2016.......

Budget points to sharp hike in petroleum subsidy

Petroleum subsidy that goes into providing cheap liquefied petroleum gas (LPG) and kerosene for households is estimated to rise to Rs 37,478 crore in FY20 compared to Rs 24,833.18 crore in the......

Oil import bill likely to cross $100 billion mark in FY19

The price of petrol breached a three-year high on Monday at Rs 74.50 a litre, while the price of diesel was at its highest at Rs 65.75 a litre Rising crude oil prices could become a concern for......

Subsidy on kerosene will cease to exist from 2020

The kerosene subsidy is expected to decline by 40 per cent from Rs 7,595 crore in 2016-17 to Rs 4,500 crore this financial year. With the Centre’s flagship energy schemes Pradhan Mantri......