Saudi Arabia's steep cut in LPG benchmark prices has pushed India's household LPG underrecoveries to their lowest level in over two years, slashing oil companies' losses from Rs 200-250 per cylinder last year to about Rs 20-40 now.
In a much relief to the common man, Oil Minister Veerppa Moily said that the cap on subsidised liquefied petroleum cylinders is to go up to 9 in a year.
Gehlot made the announcement in the presence of Congress president Mallikarjun Kharge and former party chief Rahul Gandhi at a rally here on the sidelines of the "Bharat Jodo Yatra".
Ahmedabad's Chief Fire Officer, Amit Dongre, reflected on the Air India flight AI-171 crash a year ago, describing the 10-hour rescue operation as the most challenging in his 22-year career, despite the tragic loss of 260 lives.
Quick commerce platforms are experiencing a significant increase in demand for ready-to-eat food items as urban households face disruptions in cooking gas supply and a temporary outflow of migrant domestic help.
Opposition MPs in the Rajya Sabha criticised the Modi government's economic policies, citing the LPG crisis, lack of energy security, and concerns over the Economic Stabilisation Fund.
The 5-kg cylinder will be price at market rate.
The Indian government has increased measures to secure fuel and gas supplies following the Strait of Hormuz closure, urging citizens to avoid panic buying. Refineries are operating at high capacity, and sufficient stocks of petrol and diesel are available nationwide.
The Indian government has implemented several measures to mitigate external risks, support the balance of payments, and maintain macroeconomic stability amidst the ongoing West Asia crisis, according to Minister of State for Finance Pankaj Chaudhary.
A subsidised 14.2-kg cylinder will now cost Rs 425.06 in Delhi as against Rs 423.09 previously, according to State-owned oil firms
India significantly increased piped natural gas (PNG) connections in March as the government accelerates the expansion of cleaner fuel networks amid global supply disruptions.
Despite international crude oil rates crossing USD 100 per barrel due to Middle East tensions, the Indian government plans to maintain current petrol and diesel prices, ensuring uninterrupted fuel supply across the country.
'There is no shortage of fuel whatsoever.' 'India is stock surplus as far as petrol and diesel are concerned.'
India's wholesale price inflation surged to 8.30 per cent in April, up from 3.88 per cent in March, primarily driven by a significant increase in the prices of fuel, power, and crude petroleum, according to data from the commerce and industry ministry.
Residents of Meghaninagar vividly remember the explosion that shook the neighbourhood on the afternoon of June 12, 2025. An Air India Boeing 787 Dreamliner bound for London had crashed into the hostel blocks of B J Medical College. A massive fire broke out, sending clouds of smoke into the sky.
India's net oil import bill could rise by $56 billion to $64 billion annually assuming global crude averages $110 to $115 per barrel in FY27.
State-run Bharat Petroleum Corporation Ltd (BPCL) plans a significant capital expenditure of 25,000 crore for the financial year 2026-27, primarily for ongoing expansion projects. The company also stated that the recent 4-per-litre price hike in petrol and diesel has provided some financial relief amidst volatile crude oil prices and mounting losses.
TMC leader Abhishek Banerjee criticised the Union government over the hike in commercial LPG prices, accusing the Centre of taking from the people while the Mamata Banerjee administration provides relief. He challenged the Prime Minister to release a white paper detailing central funds allocation in Cooch Behar.
Bowing to party pressure, the government on Thursday raised the quota of subsidised LPG to 12 cylinders per household in a year from nine at present and also put on hold paying users the subsidy into bank accounts using Aadhaar platform.
The Bharatiya Janata Party (BJP) has released the first part of its manifesto for the upcoming Delhi assembly elections, promising Rs 2,500 monthly aid for women, LPG cylinders at Rs 500, and Rs 2,500 pension for senior citizens. BJP president JP Nadda also assured that all existing public welfare schemes in Delhi will continue if the party is voted to power. The manifesto also includes a promise to implement the 'Ayushman Bharat' scheme in Delhi, providing additional health cover of Rs 5 lakh.
The cost of the war is being counted not in the corridors of power in Washington or Tehran, but in Firozabad's darkened furnace rooms, Howrah's idle casting sheds, and a barbershop in Kochi where the wait is suddenly, inexplicably, an hour long, notes Prem Panicker in his must read blog on the Iran War.
Senior TMC leader Abhishek Banerjee criticised the Modi government's economic policies, citing rising prices and hardships caused by demonetisation and lockdown measures during an election rally in West Bengal.
TMC leader Abhishek Banerjee criticises the Union government over the hike in commercial LPG prices, accusing the Centre of 'taking' from people while the Mamata Banerjee administration provides relief. He also challenged the BJP to present a report card of its work in Rajganj constituency.
Trinamool Congress leader Abhishek Banerjee has warned of a significant increase in cooking gas and fuel prices by the BJP-led central government following the West Bengal assembly elections. He accused the BJP of neglecting the fuel crisis and challenged them to pledge no price hikes for the next five years.
To contain misuse of LPG cylinders in markets, Indian Oil Corporation will soon bring out a system by which cylinder refills for domestic use will be coloured differently from those for commercial use. \n
The cabinet on Thursday approved a Rs 8,000-crore scheme to provide cooking gas (LPG) connections free of cost to women members of poor households.
Responding to concerns raised by Leader of the Opposition Rahul Gandhi in the Lok Sabha, Petroleum Minister Hardeep Puri said it is the foremost priority of the government that the kitchens of over 33 crore families, especially the poor and the underprivileged, do not face any shortage of gas.
The reopening of the Strait of Hormuz, following a ceasefire agreement between the US and Iran, is expected to significantly ease India's crude oil supply risks, lower freight costs, and reduce inflationary pressures, as global oil prices have already dropped.
Domestic cooking gas (LPG) price was on hiked by Rs 3.46 per cylinder after the government raised the commission paid to dealers by over 9 per cent.
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.
AIADMK general secretary Edappadi K Palaniswami has announced a series of welfare measures, including free refrigerators for rice ration cardholders, if the party wins the 2026 Assembly election in Tamil Nadu.
The increase in commission - which is normally passed on to consumers - is expected within a couple of weeks.
Aviation Turbine Fuel (ATF) prices have more than doubled to a record high, impacting airlines and consumers, while commercial LPG rates also see a significant increase.
Induction hobs or cooktops have become runaway popular ever since the LPG cylinder shortage began. Know which one to buy.
Oil companies begin pilot testing work on direct LPG subsidy.
Vijay's TVK is poised to win its debut Assembly polls in Tamil Nadu, drawing parallels to Arvind Kejriwal's AAP's rise in Delhi. Both parties capitalised on public disenchantment with established political structures, promising change and fighting corruption.
The Strait of Hormuz crisis is impacting lifestyles worldwide, from reduced gold purchases in India to energy conservation in Europe and Japan, as governments urge citizens to adapt to the global energy shock.
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.
'The loco pilot alerted the railway officials who passed the information to the Railway Protection Force (RPF) and Kanpur police, which launched the investigation into the matter'
Trinamool Congress leader Abhishek Banerjee criticised the BJP over the proposed Uniform Civil Code and the delay in recognising the Kurmali language, accusing the party of dividing people and making false promises.
