Fuel Subsidy


'Fuel Subsidy' - 27 Video Result(s)

'Fuel Subsidy' - 110 News Result(s)

  • Subsidised LPG Price Hiked

    Subsidised LPG Price Hiked

    Subsidised cooking gas (LPG) price was on Monday hiked by Rs 1.93 per cylinder, the second increase in rates in one month as the government looked at monthly increases to cut down subsidies.

  • LPG Cylinders Get Cheaper, But Aviation Fuel Prices Go Up

    LPG Cylinders Get Cheaper, But Aviation Fuel Prices Go Up

    Aviation turbine fuel (ATF) price was today hiked by 5.5 per cent for the fifth month in a row, but that of non-subsidised cooking gas (LPG) was cut by Rs 11 per cylinder, in line with global trends.

  • Government to Bear Fuel Subsidy of Rs 300 Crore in Q3

    Government to Bear Fuel Subsidy of Rs 300 Crore  in Q3

    Government has decided to pay all of the Rs 3,279 crore subsidy on LPG.

  • From April 1, Kerosene Subsidy to be Paid Directly to Beneficiaries

    From April 1, Kerosene Subsidy to be Paid Directly to Beneficiaries

    After paying subsidy to LPG users in their bank accounts, the government will from April 1 roll out a similar programme for kerosene where the users will buy the cooking fuel at market rate but will get financial support directly in their bank accounts.

  • Government to Give Rs 1,300 Cr Kerosene Subsidy for Q1

    Government to Give Rs 1,300 Cr Kerosene Subsidy for Q1

    The Finance Ministry will pay state-owned fuel retailers Rs 1,300 crore cash subsidy for kerosene for the first quarter ended June 30, but the same on LPG will be decided later.

  • Finance Ministry Sanctions Rs 5,223 Crore Fuel Subsidy for IOC, BPCL: Report

    Finance Ministry Sanctions Rs 5,223 Crore Fuel Subsidy for IOC, BPCL: Report

    The Finance Ministry has sanctioned Rs 5,223 crore fuel subsidy for the January-March quarter to cover almost all of the revenue loss that the two retailers suffered on selling domestic cooking gas (LPG) and kerosene at government rates.

  • Government to Pay For ONGC, OIL Q4 Fuel Subsidy: Report

    Government to Pay For ONGC, OIL Q4 Fuel Subsidy: Report

    Under-recoveries, or revenue retailers' loss on selling fuel below cost, of Rs 67,091 crore in first nine months of the fiscal were fully accounted for by the subsidy support and dole out from upstream firms like ONGC.

  • ONGC, Oil India, RIL To Be Hit By Gas Price Cut: PwC

    ONGC, Oil India, RIL To Be Hit By Gas Price Cut: PwC

    The government is likely to exempt oil producers ONGC and Oil India from payment of fuel subsidy in the fourth quarter ending March 31, a senior Petroleum Ministry official said recently.

  • ONGC, Oil India May Be Exempted from Subsidy in March Quarter: Report

    ONGC, Oil India May Be Exempted from Subsidy in March Quarter: Report

    State-backed oil producers Oil and Natural Gas Corp and Oil India may be exempt from paying subsidies to fuel retailers in the March quarter, a source familiar with the plan said on Friday.

  • Subsidy Rs 3.77 Lakh Crore, Targeted Beneficiaries Few: Economic Survey

    Subsidy Rs 3.77 Lakh Crore, Targeted Beneficiaries Few: Economic Survey

    Subsidies on food, fuel, fertiliser and others amount to a staggering Rs 3.77 lakh crore but reach only a few of the targeted poor, according to the Economic Survey.

  • Jaitley May Slash Subsidy Bill by 20%: Report

    Jaitley May Slash Subsidy Bill by 20%: Report

    Nearly $6.5 billion of the total savings could come from lower fuel subsidy costs.

  • Oil India December Quarter Net Halves to Rs 498 Crore

    Oil India December Quarter Net Halves to Rs 498 Crore

    State-owned Oil India Ltd on Sunday reported halving of its December quarter net profit as it was hit by low oil prices and fuel subsidy payout.

  • Government Sanctions Rs 5,085 Crore in Oil Subsidy: Report

    Government Sanctions Rs 5,085 Crore in Oil Subsidy: Report

    A total of Rs 15,981 crore in revenue was lost by fuel retailers on selling PDS kerosene and domestic LPG at government-controlled rates in October-December. Of this, the Finance Ministry issued letter providing for less than one-third of this as cash subsidy, official sources said.

  • 'Don't Relax. $45-50 Oil a Temporary Phenomenon'

    'Don't Relax. $45-50 Oil a Temporary Phenomenon'

    The tumble in global crude prices has been a big benefit for countries like India, which imports nearly four-fifth of its oil requirement. Apart from lower fuel prices and hence lower inflation, the Indian government's subsidy burden also eases significantly.

  • IMF Lauds India for Cutting Fuel Subsidy

    IMF Lauds India for Cutting Fuel Subsidy

    The International Monetary Fund (IMF) has lauded India's efforts to cut fuel subsidies, saying the fall in global crude oil prices provides a golden opportunity to reduce energy subsidies.

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