Falling oil prices: Modi and Jaitley should be thanking Saudi Arabia
The fall in oil prices is expected to save $50 billion in oil imports which is expected to increase disposable income of Indians The post Falling oil prices: Modi and Jaitley should be thanking Saudi...
View ArticleFuel Subsidy: Oil Ministry seeks Rs 22,101crore for H2 2014-15
Oil Ministry has sought Rs 22,101 crore in fuel subsidy for the second half of current fiscal so as to almost exempt oil producers ONGC and Oil India Ltd from any payments. The post Fuel Subsidy: Oil...
View ArticleGovt frees non-PDS kerosene from regulatory control
With a view to ease the availability of market-priced kerosene, the government has freed sale of non-PDS kerosene from regulatory control. The post Govt frees non-PDS kerosene from regulatory control...
View ArticleIndian Oil loss widens to Rs 2,636.80 cr in Q3, falling oil prices harm
Inventory loss arose because IOC has inland refineries, where reaching imported crude oil takes time. The post Indian Oil loss widens to Rs 2,636.80 cr in Q3, falling oil prices harm appeared first on...
View ArticleModi’s brother does a Kejriwal; protests kerosene and food shortage
Prime Minister Narendra Modi’s younger brother Prahlad Modi who is the national vice-president of All-India Fair Price Shop Dealers’ Federation, in an agitation against the Central Government on Monday...
View ArticleCentre mulls auction of ONGC, Oil India oil fields to private firms
The ministry is reasoning the auctioning of the marginal fields to they being uneconomic for a large firm with huge overheads to develop or bring to production. Smaller firms with a fraction of...
View ArticleIndian Oil returns to seek jet fuel, kerosene
It will also buy another 5,000 tonnes of jet fuel, to be co-loaded with similar volumes of superior kerosene, for delivery to Chennai. The post Indian Oil returns to seek jet fuel, kerosene appeared...
View ArticleFinance ministry sanctions Rs 5,223 cr fuel subsidy for IOC, BPCL
The fuel retailers had lost a total of Rs 72,314 crore on selling diesel (up to 17 October), LPG and kerosene at government rates, which were way below cost in 2014-15. The post Finance ministry...
View ArticleONGC, OIL free from subsidy if average oil price is $60/barrel
The difference between the cost and the retail selling price is borne by the government by way of cash subsidy and upstream producers like ONGC and Oil India. The post ONGC, OIL free from subsidy if...
View ArticleWhy SC’s move to limit Aadhaar usage is a super-retrograde step
It is unfair if the SC comes in the way of Aadhaar since this tool is the corner stone for many critical reforms India desperately needs to prevent subsidy theft and push financial inclusion, among...
View ArticleEnding LPG subsidy for the well-off a welcome move. Will kerosene, urea...
Govt made an LPG subsidy payout of Rs 40,551 crore in 2014-15 against outgo at Rs 8,814 crore during April-September this fiscal The post Ending LPG subsidy for the well-off a welcome move. Will...
View ArticleGovt to roll out kerosene subsidy via DBT starting April
Cash subsidy to be paid to users will be equivalent to the difference between current PDS price of about Rs 12 and market rate of Rs 43 per litre The post Govt to roll out kerosene subsidy via DBT...
View ArticleDBT may have saved just Rs 15,000 cr for Modi govt but potential is Rs 70,000...
Rationalising subsidies is critical to improve the health of the economy The post DBT may have saved just Rs 15,000 cr for Modi govt but potential is Rs 70,000 cr a yr appeared first on Firstpost.
View ArticleLong-term exposure to household pollution can up risk of heart attack: Study
Researchers measured exposure from indoor pollution generated from burning kerosene, wood, diesel, cow dung and natural gas in an observational study. The post Long-term exposure to household pollution...
View ArticleWoman rejects marriage proposal, man pours kerosene on her and sets her...
On Monday, a man in New Delhi allegedly set a woman on fire because she turned down his wedding proposal. The post Woman rejects marriage proposal, man pours kerosene on her and sets her ablaze in...
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