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'Indian households pay lowest cooking gas prices in world': Ministry after LPG hike

Indian households continue to pay among the lowest cooking gas prices in the world, the ministry of petroleum and natural gas said on Sunday. Domestic LPG prices were increased by Rs 29 per cylinder from Sunday amid rising costs due to the West Asia crisis. The government continues to modulate the effective price to the consumer for domestic LPG, the ministry said.

Times of India 3d ago

LPG supply stable, but oil firms still losing nearly Rs 700 on every cylinder sold

Oil Marketing Companies (OMCs) continue to face under-recoveries of nearly Rs 700 on every domestic LPG cylinder despite a range of measures taken by the government to strengthen supplies, ministry of petroleum and natural gas said on Thursday. Addressing an inter-ministerial briefing, Sujata Sharma, joint secretary in the ministry of petroleum and natural gas, said that the government has stepped up domestic LPG production and secured imports to ensure adequate availability across the...

Times of India 6d ago

India expands ethanol map: 5,000 fuel stations planned by 2027 end

India is set to hit the accelerator on its ethanol drive, laying the groundwork for a wider ethanol fuel network as it looks to cut down dependence on imported fossil fuels. Under the plan, ethanol dispensing stations will begin appearing in several cities, with the network set for a sharp expansion over the next two years. Petroleum and natural gas minister Hardeep Singh Puri said that the rollout will start with 50-100 ethanol fuel stations across Delhi-NCR, Pune, Mumbai and Nagpur.

Times of India 6d ago

Commercial LPG gets costlier: How much will a 19-kg cylinder cost? Check city-wise rates

Commercial LPG cylinder prices were hiked across India on Monday, with the cost of a 19-kg commercial cylinder rising by Rs 42 to Rs 53.50 in major cities. The revised rates came into effect from June 1 and apply to commercial LPG cylinders used by hotels, restaurants and businesses. There has been no change in the price of domestic cooking gas cylinders.

Times of India 9d ago

Commercial LPG gets costlier: Cylinder sees average hike of Rs 47.75 across cities

Commercial LPG prices across India have been increased by Rs 42 to Rs 53.50 per cylinder from Monday. The price hike comes amid concerns over fuel supply security and efforts to strengthen LPG reserves following recent disruptions linked to the West Asia conflict. The price of a 19-kg commercial LPG cylinder in Delhi has been raised by Rs 42, taking the retail price to Rs 3,113.50.

Times of India 9d ago

Centre cuts subsidised LPG cylinders for Ujjwala beneficiaries from 9 to 4

The Centre on Monday reduced the number of subsidised cooking gas cylinders available annually to beneficiaries of the Pradhan Mantri Ujjwala Yojana (PMUY) from nine to four aligning the support with average household consumption levels, a senior government official said. Under the flagship scheme launched in May 2016, beneficiaries were initially entitled to 12 subsidised 14.2-kg LPG cylinders every year. The quota was reduced to nine cylinders last year and has now been cut further to four.

Times of India 2d ago

Who is the Indian guru Venezuelan acting President Delcy Rodriguez follows?

Who is the Indian guru Venezuelan acting President Delcy Rodriguez follows? The Venezuelan interim leader, who is a devotee of Sathya Sai Baba, is in India as the two countries aim to boost energy ties. Delcy Rodriguez is in India for the first time since she became Venezuela’s interim president after democratically elected President Nicolas Maduro was abducted by the US military in January.

Al Jazeera 6d ago

Fuel price cut call: Transporters body urge Centre to cut petrol, diesel prices

The All India Motor & Goods Transport Association (AIMGTA) has urged the Centre to reduce petrol and diesel prices, arguing that a sharp decline in international crude oil prices should be passed on to consumers and the transport sector, reported PTI. In a representation to the government, the association said global crude oil prices have fallen from around $104 per barrel to about $90 per barrel, creating room for a reduction in domestic fuel prices. The transporters' body said elevated...

Times of India 11d ago

100 days into Iran war: How rising costs are hitting consumers and businesses in Southeast Asia

100 days into Iran war: How rising costs are hitting consumers and businesses in Southeast Asia As the war on Iran marks its 100th day on Monday (Jun 8), CNA looks at how the geopolitical crisis is filtering into everyday life across the region. SINGAPORE: More than three months into the war on Iran, the aftershocks from disrupted Middle Eastern energy and shipping routes are being felt far beyond the oil market, from road construction sites in Malaysia to food and beverage operators in...

Channel News Asia 3d ago