Relief seen from easing global crude oil prices, phased diesel decontrol and capping of LPG cylinders.
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.
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.
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.
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.
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.
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.
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.
Liquefied petroleum gas (LPG) consumers might soon get to exercise an option to not get any subsidised cylinders.
Govt diverts Rs 253-crore subsidy savings to the poor.
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.
Billionaire investor Rakesh Jhunjhunwala explains why he thinks Modi should be at the helm of India.
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.
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.
A bench headed by Chief Justice P Sathasivam said that the plea of the Centre would be taken up for hearing on October 8.
The government has chosen to profiteer off people's misery and suffering, Gandhi said.
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.
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.
Talking to reporters, AICC General Secretary Janardhan Dwivedi said that Congress-ruled states have been told to increase supply of subsidised cylinders from 6 to 9 per household annually.
The mega solar power project is comprised of three solar generating units of 250 MW each located on a 500-hectare plot of land situated inside a solar park.
Total, which had a few weeks back exited Royal Dutch Shell-led Hazira LNG import terminal in Gujarat, will join Adani in developing a 5 million tonnes a year import facility at Dhamra in Odisha. The two will also set up a joint venture to roll out a fuel retail network of 1,500 outlets, mostly on highways, in the next 10 years, Adani and Total said in a joint statement.
As Prime Minister Narendra Modi is set to deliver his third Independence Day speech on August 15, he is inviting ideas from citizens on issues he should speak on
A case was registered on Thursday night under sections 336, for an act endangering life or personal safety of others, and under 285, for negligent conduct with respect to fire or combustible matter under the Indian Penal Code.
The 2021 census will be conducted through a mobile phone application, moving away from the traditional pen and paper.
If not for Palaniswami, it is hard to guess if the AIADMK would have been able to garner 33.3 per cent vote share as against the DMK's 37.7 per cent. AIADMK won 66 seats, its allies Pattali Makkal Katchi and Bharatiya Janata Party five and four seats respectively and proved yet again that the western region was its fortress.
The government has received three preliminary bids for buying of controlling stake in India's second-largest fuel retailer Bharat Petroleum Corporation Ltd (BPCL), Oil Minister Dharmendra Pradhan said on Wednesday. Mining-to-oil conglomerate Vedanta had on November 18 confirmed putting in an expression of interest (EoI) for buying the government's 52.98 per cent stake in BPCL. The other two bidders are said to be global funds, one of them being Apollo Global Management.
"There is no immediate plan to decontrol diesel or LPG as they have cascading effect (on general prices)," Minister of State for Petroleum and Natural Gas R P N Singh told reporters in New Delhi.
The growth, however, may not indicate a major revival of economic activity.
'I will give the evidence when the Indian Army constitutes an inquiry. I have given you my statement. Has the army initiated any inquiry?'
The guidelines listed several services including government and private offices that will be out of bounds during the period, while exempting establishments such as hospitals, ration shops, dairies, banks, insurance offices, and print and electronic media. Delivery of all essential goods including food, pharmaceuticals, medical equipment through e-commerce has also been exempted from the purview of the lockdown.
Launching the Ayushman Bharat scheme via a video-conference to extend health insurance benefits to all residents of Jammu and Kashmir, he said the three-tier panchayat system has fully taken shape in the UT, describing it as a realisation of Mahatma Gandhi's dream of 'gram swaraj' (village self-rule).
The bench also said that a seven-judge bench needed to be constituted for authoritatively deciding a batch of petitions challenging the Aadhaar scheme on grounds including that it infringes on the Right to Privacy of citizens.
Anyone can make tall promises and it is very easy to accept these promises if they guarantee even an iota of betterment for you, for your existence. Even if these new promises and assurances are accepted with a pinch of salt and discount the actual execution to 50%, even then the Bihari voter will be content, observes Asmita Bihari.
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