The demand, which had fallen by as much as 70 per cent, has since recovered after lockdown restrictions were eased beginning early May.
Three oil PSUs have moved the Supreme Court seeking modification of its earlier order that Aadhaar card is not mandatory and no person should suffer for want of it in getting benefits of government schemes.
Cheque payments will be safer; the limit for contactless card transactions hiked.
The additional delivery charge for 'urgent' supply of LPG cylinder is nothing but a fraudulent exercise. It is just another backdoor price hike, former Petroleum Minister Ram Naik said.
Petroleum Minister Mani Shankar Aiyar on Thursday denied having presented to the Cabinet a proposal for raising LPG and kerosene prices.
The outcome in UP is far more significant than in the other states going to the polls next year. An unlikely setback in UP can cramp the Modi government, virtually making it a lame-duck two years ahead of the 2024 parliamentary poll, observes Virendra Kapoor.
Rediff.com takes a look at the progress of schemes initiated by the government.
Indian Oil Corp, the nation's largest fuel retailer, positioned adequate stocks of all petroleum products -- petrol, diesel, kerosene and LPG in the state.
The Cabinet has approved a framework of understanding on cooperation in hydrocarbons with Bangladesh recently.
Estimated to cost $44 billion, the project was expected to be commissioned by 2025.
The government is selling its entire 100 per cent stake in Air India but wants effective control to stay with Indian nationals.
The PM said that a lie is being spread that this govt had brought the law to snatch people's rights. He dared rivals to find anything discriminatory in his work.
State fuel retailers IOC, Bharat Petroleum and Hindustan Petroleum sell diesel, domestic LPG and kerosene at government dictated rates which are lower than cost of production.
Relief seen from easing global crude oil prices, phased diesel decontrol and capping of LPG cylinders.
This is the first time that petrol sales in the world's third-largest oil importer have risen since the March 25 nationwide lockdown crippled economic activity and sent demand plummeting.
The expert group was tasked to suggest a methodology for pricing of diesel and cooking fuel.
After grappling with the issue for two years, the Ministry of Petroleum and Natural Gas had on November 21 ordered that the margin to be charged, over and above the gas sale price, should be fixed between the seller and buyers in all sectors other than urea and LPG.
Inclusive of the July hike of 25 paise, a monthly increase of similar amount would result in a saving of Rs 2.25 a litre for the current financial year alone.
The connections will be released on completion of Know Your Customer formalities and de-duplication of the applicants across all the three Oil Companies to ensure that multiple connections are not released.
The Supreme Court on Thursday assured the Centre and bodies like SEBI and RBI that it will take a decision by Friday evening on their plea seeking setting up a larger bench for modifying an earlier order restricting the voluntary use of Aadhaar card to PDS and LPG schemes only.
Banks, ATMs and quite a few markets were kept open on Sunday while 2.5 lakh sacrificial goats have been made available in the Kashmir valley to help citizens celebrate Eid-ul-Azha with traditional fervour.
Farmer leader Abhimanyu Kohar, who is a member of Sankyukt Kisan Morcha, said on Sunday that farmers have waterproof tents but they cannot protect them from biting cold and waterlogging.
Liquefied petroleum gas (LPG) consumers might soon get to exercise an option to not get any subsidised cylinders.
Having failed to align cooking gas prices with the market and limit the number of subsidised cylinders to consumers, the government is now trying to curb the misuse of multiple connections in households.
Govt diverts Rs 253-crore subsidy savings to the poor.
Around 700 migrant workers, women and children have lost their lives in this reverse migration. But what is happening today with the migrant labour is only a continuation of the policies pursued by the Modi regime during the last six years. It is not for nothing that India was ranked the most dangerous country in the world for women in 2018 by the Thompson Reuters Foundation poll, points out Rashme Sehgal.
An increase in petrol, diesel, domestic cooking gas (LPG) and kerosene prices looks "imminent" after the Finance Ministry said it has no money to provide for fuel subsidy.
The Finance Minister proposed a cess of 1 per cent on small petrol, LPG and CNG cars, 2.5 per cent on diesel cars of certain capacity.
Prime Minister Narendra Modi on Saturday said the target date for achieving 20 per cent ethanol-blending with petrol has been advanced by five years to 2025 to cut pollution and reduce import dependence.
Petrol and diesel prices were on Wednesday hiked in seven states like West Bengal and Maharastra and that of domestic LPG in six states as state-owned oil firms recalibrated rates to reflect changes in local levies.
Billionaire investor Rakesh Jhunjhunwala explains why he thinks Modi should be at the helm of India.
A bench headed by Chief Justice P Sathasivam said that the plea of the Centre would be taken up for hearing on October 8.
With assembly polls in four crucial states in mind, the government has decided not to increase prices of cooking gas and kerosene for a year.
West Bengal Chief Minister Mamata Banerjee on Friday said that her government was willing to provide 'full relief' to common people and farmers hit by the increase in diesel price and restriction on subsidised LPG, if the Centre allowed the state to collect taxes taken away by it.
The government has chosen to profiteer off people's misery and suffering, Gandhi said.
Looking into the current situation on the China boarder, IOC has stocked up enough winter-grade fuel for the region. With army movements increasing, the demand for this fuel is expected to increase multifold from the 350 metric tonnes last winter.
This is the tenth hike in the price of petrol in just over a year. With this hike, inflation is likely to rise sharply once again.
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