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'Subsidy' - 477 News Result(s)

  • Government May Do Away With LPG Subsidy for Rich: Jaitley

    Government May Do Away With LPG Subsidy for Rich: Jaitley

    Jaitley said: "Once political leadership, particularly the man on the top, has decisiveness, the most complicated of the decisions will also become simple.

  • Here Is Your Look at Status of Pending Reforms

    Here Is Your Look at Status of Pending Reforms

    Prime Minister Narendra Modi is increasing his focus on economic reforms including raising the cap on foreign investment in the insurance sector and changes to tax and labour rules that could accelerate recovery, but he faces stiff opposition.

  • 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.

  • India Ratings Lowers FY15 Growth Forecast to 5.6 Per Cent

    India Ratings Lowers FY15 Growth Forecast to 5.6 Per Cent

    Domestic ratings agency India Ratings on Friday revised down its economic growth estimate for fiscal year 2014-15 marginally to 5.6 per cent citing poor industrial performance, and warned that the government will slip on the fiscal deficit front.

  • 'Need to Rationalise Fertiliser Subsidy Policies'

    'Need to Rationalise Fertiliser Subsidy Policies'

    The secretary added that policies should be focused on providing greater benefit to farmers and lead to balanced use of fertilisers.

  • Modified LPG Subsidy Scheme to be in 54 Districts From November 15

    Modified LPG Subsidy Scheme to be in 54 Districts From November 15

    A modified direct cash subsidy transfer scheme for LPG consumers will be launched in 54 districts from November 15 and all over the country from January 1.

  • Fiscal Deficit Target of 4.1% Challenging But Achievable: Citigroup

    Fiscal Deficit Target of 4.1% Challenging But Achievable: Citigroup

    Fiscal reforms such as subsidy rationalisation and GST could help the government meet its fiscal consolidation goal of 3 per cent fiscal deficit by financial year 2017, says a Citigroup research report.

  • Subsidy Shake-up to Undercut Asian Diesel Demand

    Subsidy Shake-up to Undercut Asian Diesel Demand

    A prolonged period of weak demand is expected to reduce margins for refineries that produce the transport and industrial fuel, traders and analysts said. The Asian gasoil margin is already set for its worst quarter in October-December since late 2010...

  • No Plan to Curtail Supply of Subsidised LPG Cylinders: Oil Minister

    No Plan to Curtail Supply of Subsidised LPG Cylinders: Oil Minister

    The government has no plans to curtail supply of subsidised cooking gas (LPG) from the current 12 cylinders per household in a year even as it looks to give cash subsidy to consumers across the country by June.

  • Fuel Subsidy to Reduce to Rs 75,000 Crore This Year: Oil Minister

    Fuel Subsidy to Reduce to Rs 75,000 Crore This Year: Oil Minister

    Oil Minister Dharmendra Pradhan said in an interview to NDTV that the move to deregulate diesel prices is a "well thought decision" and the markets are appreciating it. He also said that as the world is seeing some stability in oil prices, it is the ...

  • Opinion: How Modi Government Finally Removed the Elephant in the Room

    Opinion: How Modi Government Finally Removed the Elephant in the Room

    The Modi government has done the right thing by decontrolling diesel prices. This single reform will have a huge ripple effect in the rest of the economy. For years, diesel has remained the elephant in the room in any discussion on the massive petrol...

  • Government Ends Diesel Controls, Raises Gas Prices

    Government Ends Diesel Controls, Raises Gas Prices

    The government on Saturday lifted diesel price controls and raised the cost of natural gas, giving market forces greater sway as it seeks to attract energy investment, boost competition and cut subsidy costs.

  • Narendra Modi Government Deregulates Diesel Prices

    Narendra Modi Government Deregulates Diesel Prices

    The Union Cabinet met this evening to discuss the deregulation of diesel prices, sources told NDTV. Deregulation would mean the prices of diesel will move as per market flow - just like petrol. It would also ease the government's subsidy burden.

  • Government Oil Subsidy Bill Likely to be Cut by Over 60 Per Cent in FY15

    Government Oil Subsidy Bill Likely to be Cut by Over 60 Per Cent in FY15

    With international oil prices dropping to multi-year lows, government's oil subsidy bill is likely to be slashed by over 60 per cent in the current fiscal year.

  • Diesel Prices Might Drop By Rs 2.50/litre After State Polls

    Diesel Prices Might Drop By Rs 2.50/litre After State Polls

    A Rs 2.50 per litre cut in diesel prices and a little less than Re 1 a litre on petrol is in offing as international oil rates fell to a 27-month low. Prices may be cut after Maharashtra and Haryana assembly elections are completed on October 15.

  • Oil Companies Surge After Brent falls to 27-month Low

    Oil Companies Surge After Brent falls to 27-month Low

    Refiners benefit from lower oil because of higher margins, while explorers benefit from reduced subsidy burdens.

  • Power Tariff Hike on Cards, Jayalalithaa Assures Subsidy

    Power Tariff Hike on Cards, Jayalalithaa Assures Subsidy

    Tamil Nadu Electricity Regulatory Commission suo moto notified a proposal today to hike tariff across the board to bridge a revenue deficit of Rs 6,854 Crore of State run power corporation TANGEDCO.

  • Sebi Eases Related Party Transaction Norms for Listed PSUs

    Sebi Eases Related Party Transaction Norms for Listed PSUs

    With the Securities and Exchange Board of India (Sebi) relaxing corporate governance norms, listed government companies may now be able to carry out related party transactions, including subsidy payments, without prior nod from minority shareholders.

  • Splitting Subsidy With Oil Producers Credit Positive: Moody's

    Splitting Subsidy With Oil Producers Credit Positive: Moody's

    Global rating agency Moody's Investors Service has said the Oil Ministry's plan to divide fuel subsidies equally between the government and the two state-owned upstream oil and gas producers namely ONGC and Oil India, is credit positive for both comp...

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