Fuel Subsidy


'Fuel Subsidy' - 118 News Result(s)

  • Government Withdraws Subsidy Promoting Diesel Hybrids

    Government Withdraws Subsidy Promoting Diesel Hybrids

    In a decisive move, the Centre has decided to discontinue subsidies for diesel mild hybrids under a scheme called FAME, centre's flagship program to boost hybrid and electric cars.

  • No Returning To Subsidies On Petrol, Diesel: Government

    No Returning To Subsidies On Petrol, Diesel: Government

    Petrol in Delhi now costs Rs 71.14 a litre as against Rs 65.93 in end November. Similarly, diesel rates have gone up from Rs 54.57 a litre to Rs 59.02.

  • Aviation Fuel Price Cut By 3.7 Per Cent; LPG Hiked By Rs 2 Per Cylinder

    Aviation Fuel Price Cut By 3.7 Per Cent; LPG Hiked By Rs 2 Per Cylinder

    LPG rates were last hiked on November 1 by Rs 2.05 per cylinder.

  • 2017 Hyundai Verna To Get A Maruti Ciaz Rivaling Mild Hybrid System

    2017 Hyundai Verna To Get A Maruti Ciaz Rivaling Mild Hybrid System

    The 2017 Hyundai Verna is an extremely important launch for the automaker and will be making it to India in the second half of next year. The new generation model will reportedly feature mild hybrid system as well for the Indian market in order to take on the segment leading Maruti Suzuki Ciaz, helping return improved fuel efficiency.

  • Subsidised LPG Rate Hiked By Rs 2 A Cylinder; Jet Fuel By 7.3%

    Subsidised LPG Rate Hiked By Rs 2 A Cylinder; Jet Fuel By 7.3%

    The price of subsidised cooking gas (LPG) was hiked by over Rs 2 per cylinder, the sixth increase in rates in five months, while that of jet fuel was raised by a steep 7.3 per cent in step with global trends.

  • Exclusive: Export Only Suzuki Baleno SHVS Mild Hybrid May Be Considered For India

    Exclusive: Export Only Suzuki Baleno SHVS Mild Hybrid May Be Considered For India

    Maruti Suzuki has commenced production of the Baleno SHVS mild-hybrid system. The hatchback was spotted on the production line at the Indian facility, but is currently reserved for export markets. In the European markets, the Baleno gets the SHVS tech with the 1.2-litre DualJet petrol engine, while India is likely to feature the model in the diesel...

  • Aadhaar Must For LPG Subsidy After November

    Aadhaar Must For LPG Subsidy After November

    The government currently gives 12 cylinders of 14.2-kg each at subsidised rates per household in a year. The subsidy on every cylinder is transferred in advance directly into bank accounts of individuals, who then buy the cooking fuel at market rates.

  • Better Targeting Of Kerosene Subsidy Is Government's Next Agenda: Arun Jaitley

    Better Targeting Of Kerosene Subsidy Is Government's Next Agenda: Arun Jaitley

    After the initial experiment in food and fertiliser, better targeting of kerosene subsidy is next on government agenda to plug diversion and black marketing of the fuel, Finance Minister Arun Jaitley said.

  • 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.

'Fuel Subsidy' - 27 Video Result(s)

'Fuel Subsidy' - 118 News Result(s)

  • Government Withdraws Subsidy Promoting Diesel Hybrids

    Government Withdraws Subsidy Promoting Diesel Hybrids

    In a decisive move, the Centre has decided to discontinue subsidies for diesel mild hybrids under a scheme called FAME, centre's flagship program to boost hybrid and electric cars.

  • No Returning To Subsidies On Petrol, Diesel: Government

    No Returning To Subsidies On Petrol, Diesel: Government

    Petrol in Delhi now costs Rs 71.14 a litre as against Rs 65.93 in end November. Similarly, diesel rates have gone up from Rs 54.57 a litre to Rs 59.02.

  • Aviation Fuel Price Cut By 3.7 Per Cent; LPG Hiked By Rs 2 Per Cylinder

    Aviation Fuel Price Cut By 3.7 Per Cent; LPG Hiked By Rs 2 Per Cylinder

    LPG rates were last hiked on November 1 by Rs 2.05 per cylinder.

  • 2017 Hyundai Verna To Get A Maruti Ciaz Rivaling Mild Hybrid System

    2017 Hyundai Verna To Get A Maruti Ciaz Rivaling Mild Hybrid System

    The 2017 Hyundai Verna is an extremely important launch for the automaker and will be making it to India in the second half of next year. The new generation model will reportedly feature mild hybrid system as well for the Indian market in order to take on the segment leading Maruti Suzuki Ciaz, helping return improved fuel efficiency.

  • Subsidised LPG Rate Hiked By Rs 2 A Cylinder; Jet Fuel By 7.3%

    Subsidised LPG Rate Hiked By Rs 2 A Cylinder; Jet Fuel By 7.3%

    The price of subsidised cooking gas (LPG) was hiked by over Rs 2 per cylinder, the sixth increase in rates in five months, while that of jet fuel was raised by a steep 7.3 per cent in step with global trends.

  • Exclusive: Export Only Suzuki Baleno SHVS Mild Hybrid May Be Considered For India

    Exclusive: Export Only Suzuki Baleno SHVS Mild Hybrid May Be Considered For India

    Maruti Suzuki has commenced production of the Baleno SHVS mild-hybrid system. The hatchback was spotted on the production line at the Indian facility, but is currently reserved for export markets. In the European markets, the Baleno gets the SHVS tech with the 1.2-litre DualJet petrol engine, while India is likely to feature the model in the diesel...

  • Aadhaar Must For LPG Subsidy After November

    Aadhaar Must For LPG Subsidy After November

    The government currently gives 12 cylinders of 14.2-kg each at subsidised rates per household in a year. The subsidy on every cylinder is transferred in advance directly into bank accounts of individuals, who then buy the cooking fuel at market rates.

  • Better Targeting Of Kerosene Subsidy Is Government's Next Agenda: Arun Jaitley

    Better Targeting Of Kerosene Subsidy Is Government's Next Agenda: Arun Jaitley

    After the initial experiment in food and fertiliser, better targeting of kerosene subsidy is next on government agenda to plug diversion and black marketing of the fuel, Finance Minister Arun Jaitley said.

  • 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.

  • ONGC to be Exempted From Subsidy Payment in FY15: Report

    ONGC to be Exempted From Subsidy Payment in FY15: Report

    The government is likely to exempt Oil and Natural Gas Corp (ONGC) and Oil India Ltd from payment of fuel subsidy during the rest of the fiscal year due to a steep decline in global oil rates to around $50 per barrel.

  • LPG Consumers to Get Cash Subsidy in Bank Accounts From January 1

    LPG Consumers to Get Cash Subsidy in Bank Accounts From January 1

    LPG consumers across the country will from January 1 get cash subsidy directly into their bank accounts so that they buy the cooking fuel at market price.

  • Direct LPG Subsidy Transfer to Users Across India From January

    Direct LPG Subsidy Transfer to Users Across India From January

    Beginning new year, LPG consumers across the country will start getting cash subsidy so that they can buy the cooking fuel at market price.

  • Oil Ministry to Cut Subsidy Burden of ONGC, Adjust Cess Payment: Report

    Oil Ministry to Cut Subsidy Burden of ONGC, Adjust Cess Payment: Report

    In a big boost to Oil and Natural Gas Corp (ONGC), the Oil Ministry is reworking the fuel subsidy sharing formula to cut its payout by a quarter through adjustment of statutory oil cess against its share. Shares in ONGC rose nearly 1.7 per cent on Monday.

  • Tamil Nadu Chief Minister Writes to PM Against Scrapping Kerosene Subsidy

    Tamil Nadu Chief Minister Writes to PM Against Scrapping Kerosene Subsidy

    The Tamil Nadu government today urged the Centre to instruct the Finance Ministry to reconsider its decision to scrap supply of subsidised kerosene through the public distribution system and to restore monthly allocation of the fuel to the state.

  • Sugar Stocks Jump on Export Subsidy Hopes

    Sugar Stocks Jump on Export Subsidy Hopes

    Last month, the Cabinet Committee on Economic Affairs had decided to implement the mixing of five per cent ethanol in petrol, a step which will help the country save around 100 crore litres of fuel every year.

  • Oil Ministry Seeks Rs 8,183 Crore in Fuel Subsidy: Report

    Oil Ministry Seeks Rs 8,183 Crore in Fuel Subsidy: Report

    The Oil Ministry has sought over Rs 8,183 crore cash subsidy to make good one-third of the losses that retailers like Indian Oil Corp (IOC) incurred on selling diesel and cooking fuel below cost in the September quarter.

'Fuel Subsidy' - 27 Video Result(s)

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