Ahead of the festival season, oil marketing companies announced a Rs 48.50 hike in 19 kg commercial LPG cylinder prices, effective October 1. The cost of 14 kg domestic LPG cylinders remains unchanged
In September 2024, key financial changes include the Aadhaar update deadline, an LPG price hike, new credit card rules and more
The price reduction will help ease the burden on airlines for whom fuel makes up for almost 40 per cent of the operating cost
The 10.33 crore beneficiaries under the PMUY scheme may be expanded further, officials say
Jet fuel, or ATF price, on Thursday was hiked 2 per cent and the rate of commercial LPG used by hotels and restaurants by Rs 6.5 per 19-kg cylinder in the monthly revision done in line with international oil price trends. Aviation turbine fuel (ATF) price was hiked Rs 1,827.34 per kilolitre, or 1.9 per cent, to Rs 97,975.72 per kl in the national capital, according to a price notification of state-owned fuel retailers. This is second straight monthly increase in jet fuel rates. ATF prices were on July 1 hiked by 1.2 per cent (Rs 1,179.37 per kl). That increase followed a steep 6.5 per cent (Rs 6,673.87 per kl) reduction effected on June 1. The ATF rate in Mumbai was increased to Rs 91,650.34 per kl on Thursday from Rs 89,908.31 previously. Prices differ from state to state depending on the incidence of local taxes. Alongside, oil firms increased the price of commercial LPG by Rs 6.5 to Rs 1,652.50 per 19-kg cylinder. The increase follows four monthly price reductions, the last on
All eyes will be on the major announcements made by the finance minister and the government's forward-looking guidance about the overall economy
After Delhi, CNG price in Mumbai has been hiked by Rs 1.50 per kg and the rate of cooking gas piped to houses by Re 1 due to rise in input costs. Mahanagar Gas Ltd, which retails CNG to automobiles and piped natural gas to households for cooking purposes in Mumbai and surrounding cities, said the increased prices will come into effect from the intervening night of July 8 and 9. "To meet the increasing volume of CNG and domestic piped natural gas (PNG) segments and due to further shortfall in domestic gas allocation, MGL is sourcing additional market priced natural gas (imported LNG) which has resulted in higher gas cost," the firm said in a statement. To "partially offset the increase in gas cost", MGL has increased the delivered price of CNG by Rs 1.50 per kg and domestic PNG by Re 1 per standard cubic meter in and around Mumbai. Accordingly, the revised delivered prices inclusive of all taxes of CNG will be Rs 75 per kg and domestic PNG price will be Rs 48 per scm in and around .
Commercial LPG cylinder prices for July have been further cut by Rs 30, after being reduced by Rs 70 in June. Its aimed at providing relief to enterprises in the food and hospitality industries
A 19 kg cylinder will now costs Rs 1,745.50 in Delhi as against Rs 1,764.50 as of last month
Jet fuel prices reduced, however, domestic LPG cylinder prices remain unchanged
Jet fuel or ATF price on Monday was cut by a marginal 0.5 per cent while rates of commercial LPG used by establishments such as hotels and restaurants were slashed by Rs 31 per cylinder in line with international prices. Aviation turbine fuel (ATF) price was cut by Rs 502.91 per kilolitre or 0.49 per cent, to Rs 100,893.63 per kl in the national capital, according to a price notification of state-owned fuel retailers. Rates in Mumbai have been cut to Rs 94,466.41 per kl from Rs 94,809.22. Prices differ from state to state depending on the incidence of local taxes. Alongside, oil firms also cut the price of commercial LPG by Rs 30.5 to Rs 1,764.50 per 19-kg cylinder. Rates of the cooking gas used in domestic households however remained unchanged at Rs 803 per 14.2-kg cylinder. This is the first reduction in commercial LPG prices since January. Rates had gone up Rs 14 per cylinder on February 1 and Rs 25.5 on March 1. Also, the price of the 5 kg FTL (Free Trade LPG or market price
Congress leader P Chidambaram on Thursday took a swipe at the government after petrol and diesel prices were cut by Rs 2 per litre, saying this was the same kind of "sleight of hand" witnessed in increasing the LPG price and then reducing it before elections. Petrol and diesel prices were cut by Rs 2 per litre each as state-owned oil companies ended a nearly two-year-long hiatus in rate revision. The revised price will be applicable from 6 am on Friday, March 15, the oil ministry said on Thursday evening. Reacting to the development, Chidambaram said, "I had said at a media briefing last week that prices of petrol and diesel will be reduced. It was done today. "Will the government say that the prices will not be increased after the elections (if the BJP comes to power again)?" the former finance minister asked. Price of LPG cylinder was increased by Rs 700 by the BJP government and then reduced by Rs 100 on the eve of elections, he said. "The same kind of sleight of hand has been
From govt's decision to cut LPG cylinder prices to Rahul Gandhi's poll promises, catch all the latest news from around the world here
Latest news updates: Catch all the news updates from around the world here
PM Narendra Modi said the step would "empower" women and aid in environmental protection. A day before, the Centre announced an extension on the Ujjwala scheme subsidy as well
The average LPG consumption of PMUY consumers has increased by 29% from 3.01 refills in 2019-20 to 3.87 refills (till January 2024) prorated for 2023-24
Last month, before Budget 2024, the price of commercial LPG cylinders was hiked by Rs 14 in Delhi to Rs 1,770
Domestic LPG cylinder prices remain unchanged and ATF prices for domestic flights in Delhi saw a slight decrease
LPG cylinder transporters of Indian Oil Corporation on Wednesday went on an indefinite strike for the second time in less than two months, alleging pending dues and low rates in recently floated tenders. An IOC official, however, termed the strike as illegal. The decision to go for the shutdown was taken after a meeting called by the Food, Public Distribution & Consumer Affairs Department of Assam between IOC and the North East Packed LPG Transporter Association (NEPLTA) failed to yield any solution to the prolonged stalemate. "The government called us yesterday to talk about our demands. We reiterated our old issues, mostly related to pending dues and low rates in the tenders. However, the IOC was reluctant to talk about those," NEPLTA chief adviser Kumud Nath told PTI. The association had also written to the chief secretary on January 5, flagging the same issues and urged him to take necessary steps, he said. "The government had called yesterday's meeting, accordingly, to find .
To boost PNG adoption, AG&P Pratham has launched exclusive schemes and benefits for its new users under this drive, offering Free Gas for one month, Zero Security Deposit