Liquefied petroleum gas (LPG) consumers might soon get to exercise an option to not get any subsidised cylinders.
Underrecovery from sensitive petroleum products seen at Rs 1,55,000 cr in current fiscal.
LPG demand this fiscal is expected to be around 11 million tonne, against around 10.2 million tonne last year. It is the subsidised price of LPG, which is available at around Rs 21 per kg for domestic use. LPG for industries, which is outside price control, is sold at around Rs 58 per kg, up from around Rs 36 per kg last year.
At least 15 people were killed and 20 others injured when gelatin sticks stocked in a house blew up due to a fire triggered by a cylinder blast in a village in Andhra Pradesh's Guntur district on Monday.
Now, the Rs 1,200 crore induction cooker industry has got a much needed boost to go for an all out marketing battle against the gas stove segment pegged at Rs 1,300 crore.
Following the government advisory asking Amarnath yatris, tourists and others to go home, an exodus of sorts started from the Valley on Saturday and continued on Sunday as well. Students have packed their bags, as have tourists and all are leaving the Valley at the height of the tourist season. There is chaos and confusion and amid this the Kashmiri locals are stocking up on essential commodities as they wait for what's in store for them in the future.
Embattled Sri Lankan President Gotabaya Rajapaksa had declared a state of emergency with effect from May 6 midnight, the second time in just over a month amidst growing countrywide anti-government protests over the economic crisis.
The government is looking into demands for raising the cap on supply of subsidised cooking gas (LPG) cylinders per households, Oil Minister M Veerappa Moily said.
A 14.2-kg LPG cylinder that consumers will have to buy after they exhaust their enhanced quota of 9 subsidised bottles in a year, will cost Rs 942 from today, according to Indian Oil Corporation.
At present, a 14.2-kg LPG cylinder in the national capital costs Rs 1,103. It will cost Rs 903 when the Centre's decision is implemented from Wednesday.
This is the second straight increase in jet fuel rates in as many months.
Prime Minister Narendra Modi and Rajasthan Chief Minister Ashok Gehlot on Thursday exchanged jibes over the red diary that a sacked state minister claims records financial misdeeds of the CM and his colleagues.
Trouble started on Thursday night in Central Jail as the inmates resisted the prison authorities' move to shift them from two barracks so that these could be renovated.
>Rohini Acharya, Lalu Yadav's daughter who donated her kidney to her father in December 2022, is on her introductory campaign trail in the constituency that has been represented by her father four times.
It also demanded increasing the number of liquefied petroleum gas cylinders per family to 12, instead of nine as decided by the government on Thursday.
The Bharatiya Janata Party on Saturday released its manifesto for the November 17 Madhya Pradesh elections promising MSP for wheat at Rs 2,700 per quintal and paddy at Rs 3,100 and houses for beneficiaries of the state's flagship scheme 'Ladli Bahna'.
Given that the target was to reach 80.34 million families under PMUY - within three months starting April 1 - the government should have distributed at least 241.02 million cylinders by the end of June. It actually ended up distributing only 119.7 million cylinders.
So how is it going to affect the common citizen?
It could become a giant leap towards lasting reform if the experiment in direct benefit transfers for cooking gas subsidies pans out.
Diesel prices are still under control with subsidies.
At least 15 children were killed in a school van gas cylinder blast that took place early Saturday morning in Gujrat, a district in Pakistan's eastern province of Punjab, reported local media Dunya.
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.
After making it available at petrol pumps, the convenient 5-kg cooking gas (LPG) cylinder will now be available at kirana stores and supermarkets in select cities.
Syed Firdaus Ashraf lists 10 ways in his life has improved under the first Modi Sarkar.
Could the MPCE survey results be used as a basis of reconstructing the Consumer Price Index with new weights, asks Madan Sabnavis.
Amit Shah wants to increase the party's nationwide vote share by at least 10 per cent from the 37.7 per cent it secured five years ago and ensure above 50 per cent vote share in the states where it came close to that benchmark, but couldn't cross it.
According to police, LPG cylinders exploded at 0325 IST on the ground floor of a building having a diamond unit.
McDonald's has said that its air-conditioning and gas piping systems are 'still intact'.
Ahead of Prime Minister Manmohan Singh's visit to Hyderabad on Tueday, the Telangana Rashtra Samithi and Telangana Joint Action Committee leaders launched a stir over the Telangana statehood demand.
Senior Bharatiya Janata Party leader M Venkaiah Naidu on Thursday said the bandh against UPA government's policies was a success and its message was to roll back FDI in retail, diesel price hike and rationing of gas cylinders.
The demonstration was staged at the Alka Talkies Square in the city where the women lit the earthen stove fire using wood and kerosene and offered the tea without milk to the bystanders, even as party workers raised anti-government slogans denouncing the fuel price hike.
The price of subsidised cooking gas was on Tuesday hiked by over Rs 2 per cylinder, the sixth increase in rates in five months, while that of jet fuel was raised by a steep 7.3 per cent in step with global trends.
'The wife will not only abuse her husband for giving her less money, but also abuse the government.' 'Look at the price of a cooking gas cylinder, it is Rs 1,200.'
India's 'corrupt' gas market with unscrupulous dealers and delivery men is going to be a thing of the past as public oil companies are all set to tap the illegal sales of domestic gas. This system would put axe on your multiple connections intended to use cooking gas to run your multiple purposes.
The government appointed panel will look at the difficulties consumers faced in receiving the subsidy after buying gas cylinders at market rates.
Rajasthan is reeling under a huge financial burden with the state's debt having gone beyond Rs 5.59 lakh crores. Rajasthan has increased expenditure on education by 203.4 percent, by 105.4 percent on health, by 227.14 percent on housing. Its expenditure on social welfare schemes has increased by almost 2,475 per cent.
Yet another fire broke out at the Kumbh Mela area in Allahabad on Saturday afternoon, injuring two sadhus, an official said.
The Bharatiya Janata Party, Communist Party of India-Marxist, Communist Party of India, Samajwadi Party, Shiromani Akali Dal have decided to join forces to oppose the government's move to hike the diesel prices every month for the next one year and also increase the price of gas cylinders by Rs 50 to cut down the cost of subsidy.
At least a dozen people, including the jailer and deputy jailer, were on Wednesday injured at a jail in Meerut in a clash between prisoners and officials. Police had to resort to firing to bring the situation under control. Along with police officials, personnel of the Provincial Armed Constabulary and Rapid Action Force were also present on the spot.
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