Time opportune before state polls as inflation is moderating.
Modi said there has been a 'silent revolution'.
Referring to long-pending insurance bill, he said "we are on the verge" of opening the sector a little more.
In a bizarre incident, a national-level shooter recently lost his left thumb when the 10m air pistol cylinder he was filling exploded, at the Karni Singh Range.
The government will phase out subsidies on LPG and kerosene by 2007, petroleum secretary S C Tripathi said on Friday.
In a relief to senior Indian Police Service (IPS) officer Sanjay Kundu, the Supreme Court on Friday set aside the Himachal Pradesh high court direction to remove him from the post of state Director General of Police over allegations that he tried to pressure a businessman who claimed to have received a threat to his life from his partners.
The decision was taken at a full commission meeting held on Thursday under the chairmanship of Chief Election Commissioner V S Sampath, and communicated to the Union Cabinet, which met to take a call on the matter.
The Sikkim Government has confirmed that 14 people have died so far in the flash floods that occurred in Sikkim in the early hours of Wednesday.
IndianOil Corp Ltd, for instance, saw a growth of around 22 per cent in volumes and nearly two per cent in its market share. It traded nearly 10,517 million tonnes (mt) of auto gas in December against 8,593 mt of auto gas in September.
Maruti Udyog Ltd on Thursday launched an LPG variant of its commercial vehicle Omni Cargo, India's first clean fuel vehicle used for transport applications.
Here are the main factors that impact the November 23 elections in the state.
The Oil Ministry will raise the cap on supply of subsidised cooking gas (LPG) to 9 cylinders per household in a year provided the Finance Ministry agrees to give an additional Rs 3,000 crore in 2012-13.
The party also promised reservation to minorities on basis of their population after the caste census.
Government has begun drawing contingency plans to avert any shortage of domestic cooking gas as a result of go-slow agitation by employees of the country's largest oil company Indian Oil Corp.
Gandhi also raised the issue of rising prices of LPG cylinders and said crores of beneficiaries of the Ujjawala scheme are not able to afford a refill.
In most parts of the landlocked northeastern state, items such as rice, potato, onion and egg besides LPG cylinders and petrol are selling at rates much above the ones fixed by the government.
A decision on raising diesel prices by Rs 3-5 per litre, kerosene by Rs 2 and LPG by up to Rs 50 per cylinder will be taken after UPA Chairperson Sonia Gandhi returns from US, top government officials said.
This is prime minister's second visit to Bhutan and the first since his re-election.
Petroleum Minister Ram Naik Friday indicated that prices of domestic cooking gas may be hiked before the Budget to check growing subsidies but said consumer interest will be kept in mind while taking any such decision.
The smaller cylinders will be sold at market rates.
According to DMK, the voters are already consolidated on ideological lines, hence the impact of anti-incumbency, whether against the BJP Centre or the DMK state may not be too much, notes N Sathiya Moorthy.
Finance Minister Pranab Mukherjee asked all chief ministers to reduce state levies on diesel, kerosene and cooking gas to mitigate the impact of the price hike on the common man.
Expectations are that the government will use the Union Budget to create an environment, which is conducive for growth.
The company, which is also looking to strengthen its position in the sports utility segment, today launched the automatic transmission four-wheel drive version of its popular sports utility vehicle Captiva, priced at Rs 20.3 lakhs (Rs 2.03 million). He said the company will be launching an LPG-driven car in the first half of this year, without specifying details, adding it would be followed by other LPG vehicles.
The government's three key allies Samajwadi Party, RJD and DMK along with Left parties and BJP on Friday demanded reduction of diesel and LPG prices in view of the decrease in the cost of international crude by nearly $100 over last few months.
The Indian Oil Corporation has taken a hit of about Rs 1,000 crore (Rs 10 billion) in the first quarter of the current fiscal on selling subsidised LPG and Kerosene below the cost.
In order to end use of kerosene -- which often does not reach the intended beneficiaries -- the Delhi government on Tuesday launched an ambitious scheme, where about 3.5 lakh BPL and poor families will get free LPG cylinders and gas stoves.
Oil Minister Murli Deora on Wednesday said his ministry is not in favour of raising diesel and domestic LPG prices as response to spurt in global crude oil prices, as the move will add to already high inflation rate.
Domestic LPG prices may go up by Rs 22-25 per cylinder this week as oil companies push for a hike in retail selling price in view of Budget 2003-04 lowering subsidy provision for cooking gas and PDS kerosene.
The deficit stood over Rs 8 trillion in the first seven months of the current financial year. Non-tax revenues, comprising transfers from the RBI and dividends of the public sector units, shored up the Centre's revenues.
Petrol and diesel sales in India jumped in September as economic activity picked up with the nearing festival season and the ending of the monsoon raised the demand, preliminary industry data showed. Petrol sales soared 13.2 per cent to 2.65 million tonnes in September when compared to 2.34 million tonnes of consumption in the same month last year. Sales were 20.7 per cent higher than Covid-marred September 2020 and 23.3 per cent more than pre-pandemic September 2019.
The government has set up a committee to work out sharing by producers and retailers the losses likely to accrue from the decision to freeze LPG and kerosene price for a year despite rising cost.\n\n\n\n
The Union government is likely to cut import duties on diesel, kerosene and cooking gas to cushion the impact of high international crude oil prices on the domestic market.
Ahead of the crucial third round of discussions, the opposition INDIA bloc on Wednesday exuded confidence that it would provide a formidable alternative to bring political change in the country and asserted that it has several prime ministerial faces against BJP's only one.
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