Page 4 - Lpg Cylinder

Gujarat govt to give two cylinders free to Ujjwala beneficiaries

The state govt has also announced 10% value added tax reduction on compressed natural gas and piped natural gas

Govt okays Rs 22,000 crore one-time grant for OMCs to battle losses

This will help them tide over continuing losses in providing domestic liquified petroleum gas

Top headlines: India's CPI inflation rises to 7.4%; Wipro Q2 net falls 9%

Business Standard brings you top news of the evening

Govt to give Rs 22,000-cr one-time grant to oil PSUs to cover LPG losses

The government will extend a one-time grant of Rs 22,000 crore to three state-owned fuel retailers to cover for the losses they incurred on selling domestic cooking gas LPG below cost in the last two years, I&B Minister Anurag Thakur said on Wednesday. The Union Cabinet headed by Prime Minister Narendra Modi at a meeting on Wednesday, approved the one-time grant to three oil marketing companies - Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL), Thakur told a news briefing. The grant will be for covering the losses they incurred on selling LPG below cost to consumers from June 2020 to June 2022. The three firms sell domestic LPG at government-regulated prices to consumers. Between June 2020 to June 2022, the international prices of LPG soared by around 300 per cent. However, to insulate consumers from fluctuations in international LPG prices, the cost increase was not fully passed on to consumers of domestic LPG,

Govt eyes ending schemes, including PAHAL, with wasteful expenditures

The PAHAL scheme, launched in 2013, is aimed at reduce diversion and eliminate duplicate or bogus LPG connections

Changes in rules from August 1: LPG cylinder price, BoB payment scheme

August will be full of shocks and surprises as there will be some changes in rules, banks closed for 18 days, a change in the Bank of Baroda cheque payment system and the introduction of PPS

Eating out? Be prepared to shell out more as restaurants hike rates

High food inflation forces restaurants to hike prices; ban on service charge will likely lead to further increases in the prices of dishes on the menu

'Smokeless' LPG bringing tears to eyes as prices rise 30% in one year

LPG rates this week were hiked by Rs 50 per 14.2-kg cylinder, taking the total increase in last one year to Rs 244 or 30 per cent.

Domestic LPG cylinder rate increased by Rs 50 from today; check prices

A domestic LPG cylinder will now cost Rs 1,053 in the national capital Delhi. In Mumbai, it will cost Rs 1,052.50

Commercial LPG cylinders to become cheaper from today; check details here

The commercial LPG cylinder price, as of July 1, in the national capital Delhi is Rs 2,021, brought down from Rs 2,219 per cylinder

Price of commercial LPG cylinders reduced by Rs 102.50 starting Jan 1

Domestic LPG cylinder price has been left unchanged

Commercial LPG cylinder price cut by Rs 135; domestic LPG price unchanged

This is the first reduction in the price of commercial LPG cylinders after three months of consecutive hikes

Bharat Petroleum launches voice-based LPG booking, payment facility

BPCL is the first company in India to offer its service to consumers after the RBI Governor announced the launch of UPI 123PAY last week

Huge decline in domestic gas subsidy borne by Centre in 3 years: RTI

The RTI reply revealed that in 2018-19, three state-run OMCs paid Rs 37,585 crore as subsidy, which came down to only Rs 2,706 crore in FY22 till December, Kolarkar told PTI

Oil companies slash price of commercial LPG cylinder by Rs 102.50

In some relief for consumers on New Year, National Oil Marketing companies have slashed the prices of 19 kg commercial LPG cylinder cost by Rs 102.50 effective from January 1, 2022.

Commercial LPG cylinders hiked by Rs 100; will cost Rs 2,101

The Centre continues to subsidise freight for domestic LPG deliveries in far-flung areas

Ration shops may soon start selling small LPG cylinders, financial products

Move meant to increase financial viability of fair-price shops

Domestic LPG cylinder price hiked by Rs 15, now costs Rs 899.50 in Delhi

Oil-marketing companies are moderating price of cooking gas in a bid to maintain affordability, harking back to the days when they were bearing subsidy burden of petro products

Major OMCs step off LPG price-hike pedal; absorb Rs 100 per cylinder

"At present prices, OMCs are absorbing Rs 100 per domestic cylinder," said an executive

Ujjwala 2.0 target saturated as connection requests top 10 million

Oil Ministry will get approvals to go beyond Budgeted target