News for 'LPG'

Heavy rains to continue in Kerala, 2 dams opened

Heavy rains to continue in Kerala, 2 dams opened

Rediff.com21 May 2022

The IMD has issued Yellow alert for Thiruvananthapuram, Kollam, Pathanamthitta, Alappuzha, Kottayam, Ernakulam, Idukki, Thrissur, Malappuram and Kozhikode districts for today whereas Wayanad too has Yellow alert on May 22.

TN car blast: 5 held, UAPA invoked; Kerala visit of accused under probe

TN car blast: 5 held, UAPA invoked; Kerala visit of accused under probe

Rediff.com25 Oct 2022

A police release in Coimbatore said a case has been registered in the Ukkadam police station over the incident.

India's fuel pricing mechanism is opaque and removed from reality

India's fuel pricing mechanism is opaque and removed from reality

Rediff.com5 Apr 2022

What could be more uncertain than Virat Kohli's agonising wait for a century for over two years? Perhaps it's what you will pay tomorrow morning to fill your vehicle's tank. Pump prices have joined cricket scores as the country's favourite discussion topic. Steep increases invite widespread protests, while moderate additions make the government anti-reformist. The ongoing fuel price conundrum is no different.

IOC posts highest revenue by any Indian co, record profit in FY22

IOC posts highest revenue by any Indian co, record profit in FY22

Rediff.com17 May 2022

Indian Oil Corporation (IOC), the nation's biggest oil firm, on Tuesday reported a 31.4 per cent drop in the fourth quarter net profit as record refining margins were wiped away by a margin squeeze in petrochemicals and losses on auto fuel sales. Standalone net profit of Rs 6,021.88 crore, or Rs 6.56 a share, in January-March, compared with Rs 8,781.30 crore, or Rs 9.56 per share, in the same period a year back, the company said in a stock exchange filing. Sequentially, the profit was higher than Rs 5,860.80 crore in the previous quarter.

The Big Mac Inflation Index

The Big Mac Inflation Index

Rediff.com23 Jan 2023

The ever-astute Ravi Matthai, Director of Indian Institute of Management, Ahmedabad in 1971, offered me a basic salary of Rs 1,000 per month on my return from the United States. I doubt if IIMA could hire a faculty member at Rs 55,000 per month today! points out Dr Shreekant Sambrani.

Amazon fined for selling sub-standard pressure cookers

Amazon fined for selling sub-standard pressure cookers

Rediff.com4 Aug 2022

The Central Consumer Protection Authority (CCPA) has imposed a penalty of Rs 1 lakh on e-commerce major Amazon for selling pressure cookers that did not meet quality standards. The CCPA also directed Amazon to notify the consumers of all these 2,265 pressure cookers sold through its platform, recall the products and reimburse the prices to buyers, the Department of Consumer Affairs said in a statement.

Adani plans to be India's most profitable cement manufacturer

Adani plans to be India's most profitable cement manufacturer

Rediff.com19 Sep 2022

Days after completing a $6.5 billion acquisition of Ambuja Cements and ACC, billionaire Gautam Adani said his group has planned to double cement manufacturing capacity and become the most profitable manufacturer in the country. He saw a multifold rise in cement demand in India on the back of record-breaking economic growth and the government's infrastructure creation push, which will give significant margin expansion. In a speech made at an event to mark the completion of the acquisition on September 17, the Adani Group founder and chairman said the ports-to-energy conglomerate has in a single stroke become the second largest cement manufacturer in the country.

Delhi's anti-pollution curbs ineffective, 'little too late': Experts

Delhi's anti-pollution curbs ineffective, 'little too late': Experts

Rediff.com4 Nov 2022

'These measures should be in place throughout the year in order to bring down AQI levels to 100 or below'

Mamata goes for scooter ride to protest fuel prices

Mamata goes for scooter ride to protest fuel prices

Rediff.com25 Feb 2021

In a unique protest against fuel price hike, West Bengal Chief Minister Mamata Banerjee on Thursday rode pillion on an electric scooter to state secretariat Nabanna.

Protests over price rise wash out Rajya Sabha proceedings

Protests over price rise wash out Rajya Sabha proceedings

Rediff.com4 Apr 2022

In the Upper House of Parliament, Chairman M Venkaiah Naidu did not allow adjournment notices moved by opposition members on the issue of price rise, prompting members of the Congress, the Trinamool Congress, the Left parties, the Dravida Munnetra Kazhagam, the Aam Aadmi Party, the Nationalist Congress Party, the Rashtriya Janata Dal and the Shiv Sena to create an uproar.

Cong invites CVs from Gujarat poll aspirants, here's who's eligible to apply

Cong invites CVs from Gujarat poll aspirants, here's who's eligible to apply

Rediff.com7 Sep 2022

The priority in ticket distribution will be given to youth, women, and those with a clean image, he said.

BJP's Solanki in fray despite ill-health, Congress hopes anti-incumbency will get him

BJP's Solanki in fray despite ill-health, Congress hopes anti-incumbency will get him

Rediff.com28 Nov 2022

Five-time MLA Parshottam Solanki, who is also known as 'Bhai' among his followers, has been winning Bhavnagar-Rural with a comfortable margin.

Wheat, pulses, cooking gas topped inflation charts in June

Wheat, pulses, cooking gas topped inflation charts in June

Rediff.com3 Aug 2022

The impact of fiscal measures announced by the government to contain inflation will be seen in the next few months because of the base effect, reports Indivjal Dhasmana.

Artist dressed up as Lord Shiv held in Assam after street play on price rise

Artist dressed up as Lord Shiv held in Assam after street play on price rise

Rediff.com10 Jul 2022

The activist Birinchi Bora drove into the venue of the street play dramatically in a motorcycle with another actor dressed as Goddess Parvati for their play on Saturday which had several Hindutva outfits up in arms demanding their arrest.

Fuel sales drop 17% in May on COVID lockdowns

Fuel sales drop 17% in May on COVID lockdowns

Rediff.com1 Jun 2021

India's petrol and diesel sales fell by about 17 per cent in May from a month ago as restrictions clamped to curb the world's worst outbreak of coronavirus infections stifled demand. Sales of petrol -- used in cars and motorcycles -- fell to 1.79 million tonne in May, the lowest in a year, according to the preliminary data of state-owned fuel retailers. While the consumption was almost 13 per cent higher than demand in May 2020, it was 28 per cent lower than pre-COVID levels of 2.49 million tonne.

Why Price Rise Is Not Important For Indians

Why Price Rise Is Not Important For Indians

Rediff.com8 Apr 2022

Today beef, tomorrow namaz, the third day Sunday mass the fourth day hijab, the fifth day halal, the sixth day love jihad will always be the issues on hand, asserts Aakar Patel.

Sonia leads Opposition protest in Lok Sabha against fuel hike

Sonia leads Opposition protest in Lok Sabha against fuel hike

Rediff.com23 Mar 2022

Gandhi was unusually more proactive and practically led the Opposition protest against the rise in the prices of petrol, diesel and LPG cylinders during the Question Hour.

Assam, NE headed for fuel crisis if agitation over Citizenship Act continues

Assam, NE headed for fuel crisis if agitation over Citizenship Act continues

Rediff.com13 Dec 2019

IOC has been forced to shut down its Digboi refinery in Assam and is operating Guwahati unit at minimal throughput, while OIL has been forced to shut LPG production and its crude oil production has dropped by 15-20%. Sources said the agitation has blocked the movement of tankers and trucks, which are mostly used to supply petrol, diesel and LPG from the refineries to different parts of the North East.

U'khand polls: Cong promises to reserve 40% jobs for women in police

U'khand polls: Cong promises to reserve 40% jobs for women in police

Rediff.com2 Feb 2022

Priyanka Gandhi Vadra released the Congress' manifesto for Uttarakhand on Wednesday promising to reserve 40 per cent jobs for women in the police department, jobs to four lakh people, and creation of a 'tourism police' force.

India's growth will 'decelerate' to 5% in FY20: World Bank

India's growth will 'decelerate' to 5% in FY20: World Bank

Rediff.com9 Jan 2020

In India, economic activity slowed substantially in 2019, with the deceleration most pronounced in the manufacturing and agriculture sectors, whereas government-related services sub-sectors received significant support from public spending, the Bank said.

Prices of food items continue to rise in May, says RBI report

Prices of food items continue to rise in May, says RBI report

Rediff.com18 May 2022

Prices of food items like cereals, pulses, and edible oils rose or remained steady in May, a Reserve Bank of India (RBI) report said, indicating there could be another higher inflation print. However, it observed that the Monetary Policy Committee's (MPC's) surprise move to increase interest rates bodes well for its credibility. The RBI's monthly State of the Economy report, released on Tuesday, citing high frequency food price data from the Ministry of Consumer Affairs for the period May 1-12, said the increase in the prices of cereals was primarily because of the surge in wheat prices.

Cooking gas, jet fuel prices hiked

Cooking gas, jet fuel prices hiked

Rediff.com1 Nov 2017

While jet fuel price was increased by Rs 2, subsidised LPG price has been hiked by Rs 4.50 per 14.2-kg cylinder. Non-subsidised LPG to cost Rs 93 more.

2-day nationwide trade union strike from March 28

2-day nationwide trade union strike from March 28

Rediff.com23 Mar 2022

A joint forum of central trade unions has given a call for a nationwide strike on March 28 and 29, to protest against government policies affecting workers, farmers, and people. The Joint Platform of central trade unions held a meeting in Delhi on March 22, 2022, to take stock of the preparations in various states and sectors for the proposed two-day all India strike on 28-29 March 2022 against "the anti-worker, anti-farmer, anti-people and anti-national policies" of the central government, a statement said. The statement said that roadways, transport workers and electricity workers have decided to join the strike in spite of the impending threat of ESMA (Haryana and Chandigarh, respectively). Financial sectors, including banking and insurance, are joining the strike, it stated.

Tata Motors rolls out India's first CNG-powered truck in M&HCV segment

Tata Motors rolls out India's first CNG-powered truck in M&HCV segment

Rediff.com6 Sep 2022

Tata Motors on Monday launched the country's first CNG truck in the medium and heavy commercial (M&HCV) vehicle segment in the 28- and 19-tonne nodes. Most truck makers, including Tata Motors, currently offer CNG only in the small and light commercial vehicle segments. The company also launched a fleet of seven trucks in the intermediary and light commercial vehicle (I&LCV) segment, meant for varied applications.

PM to launch several projects in poll-bound Assam, Bengal on Monday

PM to launch several projects in poll-bound Assam, Bengal on Monday

Rediff.com20 Feb 2021

Prime Minister Narendra Modi will visit the poll-bound states of Assam and West Bengal on Monday to launch and lay the foundation stones of several projects.

Congress to form non-BJP govt under Rahul's leadership, says Kharge

Congress to form non-BJP govt under Rahul's leadership, says Kharge

Rediff.com1 Nov 2022

Kharge launched a sharp attack on Prime Minister Narendra Modi, saying the Himachal Pradesh poll schedule was announced but not of Gujarat so that the PM can inaugurate many more bridges like the one that collapsed in Gujarat's Morbi.

No revision in petrol, diesel prices

No revision in petrol, diesel prices

Rediff.com30 Oct 2020

State-owned Indian Oil Corp (IOC) on Friday said international oil prices have been range-bound in the last few weeks, warranting no revision in retail petrol and diesel rates. While petrol price hasn't changed since September 22, diesel rates have been static from October 2.

Oppn corners govt on price rise, unemployment; says breaching states' rights

Oppn corners govt on price rise, unemployment; says breaching states' rights

Rediff.com2 Feb 2022

Leader of Opposition Mallikarjun Kharge, speaking on the Motion of Thanks on the President's address, charged the government with not delivering on its various promises, including generating two crore jobs per year.

Now, energy ratings for LPG stove

Now, energy ratings for LPG stove

Rediff.com19 Nov 2013

Star ratings would be applicable for diesel pumps in the agriculture sector.

Fuel price rise issue washes out Parliament proceedings

Fuel price rise issue washes out Parliament proceedings

Rediff.com8 Mar 2021

Both Houses met for the first time in the second part of Budget Session and saw repeated adjournments as the Opposition continued protests.

Industry wants natural gas brought under GST

Industry wants natural gas brought under GST

Rediff.com26 Jan 2022

The government should bring natural gas under the Goods and Services Tax (GST) regime to realise Prime Minister Narendra Modi's vision for a gas-based economy and raising the share of the environment-friendly fuel in India's energy basket, an industry body that represents the likes of Reliance Industries as well as state-owned firms, has said. Natural gas is currently outside the ambit of GST, and existing legacy taxes -- central excise duty, state VAT, central sales tax -- continue to be applicable on the fuel. In its pre-Budget memorandum to the finance ministry, Federation of Indian Petroleum Industry (FIPI), which boasts of members from across the oil and gas spectrum, also demanded rationalisation of GST on transportation of natural gas through pipeline as well as on re-gasification of imported LNG to help bring down cost of the environment friendly fuel.

BJP woos Manipur with free scooters for girls, Rs 100-cr start-up fund

BJP woos Manipur with free scooters for girls, Rs 100-cr start-up fund

Rediff.com17 Feb 2022

The BJP also promised Rs 25,000 to girls from economically weaker sections under the 'Rani Gaidinliu Nupi Maheiroi Singi Scheme' if voted back to power.

India stares at fuel shortage with spike in under-recovery at OMCs

India stares at fuel shortage with spike in under-recovery at OMCs

Rediff.com23 Jun 2022

As oil marketing companies (OMCs) stare at huge under-recoveries, India is facing fuel shortage across the country with states like Rajasthan, Madhya Pradesh, Karnataka Uttarakhand, Gujarat and Haryana being the worst hit. The under-recoveries suffered by OMCs are around Rs 20-25 a litre for diesel and Rs 14-18 a litre for petrol, said sources. Government and state-run companies denied reports of any crisis or supply-side issues on the availability of fuel.

Buying a New Car? An 8-point Check-List

Buying a New Car? An 8-point Check-List

Rediff.com10 Jun 2021

Is it only about choosing the right model and manufacturer? No, there's more to it. Know how to select the ideal car.

After poll loss, what makes Dhami confident of winning bypoll?

After poll loss, what makes Dhami confident of winning bypoll?

Rediff.com30 May 2022

In the brief history of the hill state of Uttarakhand, there has not been a single instance where a chief minister has lost a by-election, reports Shishir Prashant.

'Wah Modiji, Wah': Oppn slams ban on words critical of govt in Parliament

'Wah Modiji, Wah': Oppn slams ban on words critical of govt in Parliament

Rediff.com14 Jul 2022

Congress general secretary Randeep Surjewala also said, "Saheb knows his qualities very well". He also shared a copy of the news report.

Jet fuel price hiked by over 18%, touch all-time high

Jet fuel price hiked by over 18%, touch all-time high

Rediff.com16 Mar 2022

Jet fuel prices on Wednesday were hiked by over 18 per cent -- the steepest ever increase -- to all-time high levels after international oil price surged to a multi-year high.

India's fuel sales slump 50% in April

India's fuel sales slump 50% in April

Rediff.com17 Apr 2020

The only fuel that showed growth was LPG as the government dole of free cooking gas cylinders to poor households fired up consumption by 21 per cent during April 1 to 15.

Budget 2019: With subsidy bill rising, Sitharaman banks on oil price dip

Budget 2019: With subsidy bill rising, Sitharaman banks on oil price dip

Rediff.com6 Jul 2019

More than half of the total subsidy provisioning, amounting to 54 per cent, is going towards food subsidy, which is estimated at Rs 184,220 crore for 2019-20 - a 7.5 per cent increase over the revised estimates for 2018-19.

Petrol, diesel consumption down 66%, aviation fuel by 90%

Petrol, diesel consumption down 66%, aviation fuel by 90%

Rediff.com9 Apr 2020

India's fuel consumption slumped by over 66 per cent in the first week of April as a nationwide lockdown halted economic activity and travel, which eviscerated demand. Petrol and diesel demand is down 66 per cent in April, while aviation turbine fuel (ATF) consumption has collapsed by 90 per cent as most airlines have stopped flying, industry officials said.