Prime Minister Narendra Modi held a virtual meeting with chief ministers to review preparedness and plans in light of the West Asia conflict, emphasising the importance of national unity and enhanced security measures.
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.
Senior Trinamool Congress leader Abhishek Banerjee has accused the BJP-led central government of planning to increase fuel prices after the West Bengal assembly elections. He challenged the BJP to promise no price hikes for LPG, petrol, and diesel over the next five years.
The closure of the Strait of Hormuz has disrupted some 20 per cent of the global flows but even if it opens, damages to production facilities in the region will take time to repair, points out Sunita Narain.
If the conflict continues for a prolonged period, State-run oil companies may have to review retail fuel prices accordingly.
Trinamool Congress leader Abhishek Banerjee accuses the central government of withholding funds from West Bengal to punish voters for supporting the TMC, while highlighting state-led initiatives to support the population.
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.
'Narendra Modi -- a man with deep and vital experience of Indian politics -- has seen the BJP lose many elections between 1975 and 2015, and with every defeat, he learned lessons that made sure he would never allow his party to be defeated so easily again.'
The International Energy Agency (IEA) has proposed immediate demand-side measures, including remote work, lower speed limits, and reduced air travel, to mitigate the impact of a global oil supply shock caused by Middle East disruptions.
India's foreign secretary Vikram Misri on Thursday participated in a high-level meeting hosted by the United Kingdom on the evolving situation in West Asia, underlining concerns over maritime security, energy supply disruptions and the need for diplomatic de-escalation.
Trinamool Congress leader Abhishek Banerjee alleges the BJP-led government may increase fuel prices after the West Bengal assembly elections, accusing them of neglecting the common man and withholding funds from the state.
...reopen for up to six months. Until then, the Strait stays nearly closed. The world pays. And no one, including the man who started this, can say when it ends, notes Prem Panicker in his must read blog on the Iran War.
'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'
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 LPG squeeze on India's restaurant sector is the quotidian face of a deeper crisis.
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.
Rahul Gandhi accuses the government of compromising India's energy security by allowing the US to dictate oil supply relationships, raising concerns about the impact of global conflicts on India's energy access.
The increase in commission - which is normally passed on to consumers - is expected within a couple of weeks.
Trump has made it clear: the US will not lift its blockade of Iranian ports until a deal is signed.
The Congress party has pledged to provide free LPG cylinders, ration kits, and electricity up to 300 units to Delhi residents if elected to power. The announcement was made by Telangana Chief Minister Revanth Reddy, along with AICC Delhi in-charge Qazi Nizamuddin and Delhi Congress chief Devender Yadav. This is the latest in a series of promises made by the Congress for the upcoming Delhi Assembly elections. Earlier, the party had promised a monthly monetary grant of Rs 2,500 to women, free health insurance of up to Rs 25 lakh, and Rs 8,500 every month to educated unemployed youths in Delhi for one year.
Oil companies begin pilot testing work on direct LPG subsidy.
In a significant move before the West Bengal assembly elections, the Election Commission has ordered a major reshuffle of the state's police force, transferring 19 senior officers to ensure fair and secure elections.
'India's ties with Israel have to do with defence and general technology.' 'The war changes nothing in what India and Israel hope to get from the relationship.' 'It's not as though India will get significantly more benefits from Iran if India abandons Israel at this time.'
When missiles fly in this region, they are never just aimed at military targets.
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.
After the increase, cost of a subsidised 14.2-kg cylinder will be Rs 417 a cylinder from Rs 414 in Delhi.
Her remarks come after 84 former bureaucrats, 116 veterans, and four lawyers wrote an open letter asking Rahul Gandhi to apologise over an incident in which he had tea and biscuits at the Makar Dwar entrance of Parliament.
Gas cylinders are at the centre of a controversy in India.
A fire broke out at the Maha Kumbh Mela in Prayagraj, Uttar Pradesh, India, on Sunday, engulfing 18 tents in Sector 19. The blaze, which started around 4 pm, was caused by an LPG cylinder explosion. No casualties were reported, and the fire was brought under control within an hour. Uttar Pradesh Chief Minister Yogi Adityanath, who was in Prayagraj to review preparations ahead of Mauni Amawasya, visited the site and instructed authorities to take measures to prevent similar incidents in the future.
Egypt, Pakistan, Saudi Arabia and Turkey met in Islamabad in what analysts say is the formal opening of a new diplomatic formation that could reshape the post-war regional order. Their immediate goal is a ceasefire; their larger ambition is to ensure that neither Iran nor Israel emerges from this war in a dominant position. Pakistan's foreign minister then flew directly to Beijing and mooted a Chinese role as guarantor of any eventual agreement. Prem Panicker continues his must read daily blog on the Gulf War.
An unusual Congress protest against rising LPG prices.
When household bills for Liquefied Petroleum Gas (LPG) jump over 60 per cent for those using 12 refills a year, the increase in the price of cooking fuel will beat that of petrol.
The domestic LPG business in the country, which caters to 133 million households, has undergone a sea of reforms in the current financial year, helping the government check the burgeoning subsidy bill.
In three reductions, the price of non-subsidised cooking gas has been cut by Rs 277 per 14.2-kg cylinder.
Israel and the United States had a plan. Iran punched back. And now the Gulf is reeling, the world is beginning to feel the pain and, as on date, no one in Washington or Tel Aviv appears willing to admit that the punch has landed, notes Prem Panicker, continuing his must-read blog on the war in the Middle East.
Delhi Police have arrested three individuals, including the live-in partner of a UPSC aspirant, in connection with his murder. The suspects allegedly conspired to kill the victim and set his body on fire to conceal the crime.
A fire at a nightclub in North Goa killed 23 people, many of whom were trapped in the kitchen while trying to escape. Fire safety violations are suspected.
The ministry of petroleum and natural gas is evaluating a threshold at which the subsidy on liquefied petroleum gas (LPG or cooking gas) will be reinstated. According to a senior government official in the know, a survey is currently being conducted to determine the price at which maximum consumers will keep buying domestic cylinders. One of the options also being considered is to limit any subsidy disbursal only to Pradhan Mantri Ujjwala Yojana (PMUY) beneficiaries.
Over two dozen people have been detained for questioning in connection with the suspected bid to derail the Kalindi Express in Kanpur two days ago, officials said on Wednesday.
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