LPG subsidy

'India will meet oil needs…', says Hardeep Puri, MEA calls NATO, Trump threat 'double standards' (Image: PTI)

‘100% certainty’: Oil Minister Puri assures LPG compensation for OMCs

State-run oil marketing companies are set to receive long-awaited compensation for LPG subsidy under-recoveries, Union Minister Hardeep Singh Puri confirmed.

July 2, 2025 10:31 IST

OMCs, LPG, LPG consumption, imports, LPG price hike, oil marketing companies, US imports, procurement costs, subsidy, PMUY beneficiaries, sourcing

India’s LPG paradox: Rising use, surging imports – Can consumers & OMCs both win?

CareEdge Ratings stated that a combination of recent price hikes, a softening of international LPG procurement costs, increased US imports,…

May 16, 2025 15:21 IST

IOCL, Indian Oil Corporation, oil prices, oil sector, fourth quarter, revenue, EBITDA, profit, LPG subsidies, inventory gains, excise duty

IOCL Q4 Results: Net profit jumps 50% despite unpaid LPG subsidies

Indian Oil Corporation reported a 50 per cent jump in its March quarter net profit as inventory gains negated losses…

Updated: April 30, 2025 18:06 IST

LPG subsidy, lpg cylinder subsidy, lpg subsidy rate,

Rs 200 relief per cylinder: LPG refill price slashed, OMCs to absorb cost

A 14.2 kg cylinder in Delhi will now cost Rs 903 against Rs 1,103 so far. PMUY beneficiaries, who already…

August 30, 2023 09:52 IST

Govt’s Rs 22,000 cr grant falls short of filling LPG losses, bigger worries on petrol, diesel linger

Unlike the consumer LPG prices, which are regulated by the government, petrol and diesel are deregulated, with the OMCs having…

October 13, 2022 14:55 IST

Govt grants oil PSUs Rs 22K cr for LPG losses

“Average cracks for gas oil declined $8.7/bbl q-o-q to $35.1/bbl and after adjustment for excise duty, net gas oil cracks…

October 13, 2022 06:15 IST

Modi Cabinet approves Rs 22,000 crore one-time grant to PSU oil cos Indian Oil, BPCL, HPCL for LPG losses

The OMCs (oil marketing companies) on October 1 cut the price of 19 kilogram commercial LPG cylinder from Rs 1885…

October 12, 2022 16:58 IST

LPG, LPG subsidy, cooking gas, modi govt, fuel, OMC

Govt to release extra Rs 20K-cr to oil retailers as LPG subsidy

This means that subsidy on fuels, which was brought down to just Rs 241 crore in FY22, will rise significantly…

September 13, 2022 06:25 IST

These steps, the Fund said, should also be accompanied by further liberalisation of the investment regime and a reduction in tariffs, especially on intermediate goods.

India needs to roll back monetary, fiscal stimulus gradually, says IMF

India’s CAD, however, is “broadly consistent” with its per capita income level, favourable growth prospects, demographic trends, and development needs,…

August 5, 2022 04:40 IST

LPG prices, LPG cylinder price, lpg prices delhi mumbai

Domestic LPG becomes costlier, price for 14.2 kg cylinder increased by Rs 50; check rates in Delhi, Mumbai

LPG price hike: Domestic 14.2 kg LPG cylinder prices have been increased by Rs 50 per cylinder with effect from…

July 6, 2022 10:25 IST

"There was no subsidy for LPG users since the early days of Covid. Since then the only subsidy is one which had been introduced now for Ujjwala beneficiaries," he said.

No LPG subsidy to households, Rs 200 LPG dole limited to Ujjwala beneficiaries

A 14.2-kg LPG cylinder costs Rs 1,003 in the national capital. Pradhan Mantri Ujjwala Yojana beneficiaries will get Rs 200…

June 2, 2022 18:06 IST

Inadequate increase: Combine graded increases of retail fuel prices with excise duty cuts

The government may have had state elections in mind in holding off price hikes since November last year, but it…

March 23, 2022 03:45 IST

Union Budget 2022-23: LPG subsidy pegged at Rs 4,000 crore

The government had withdrawn the LPG subsidy since May 2020.

February 2, 2022 01:25 IST

Cooking gas LPG price hiked by Rs 25 per cylinder

The latest increase in subsidised LPG price now has taken the cumulative rate hike since January 1 to Rs 190…

September 1, 2021 15:22 IST

petrol, diesel, crude, refinery, retail price, VAT, excise duty, dealer commission, dealer price, fuel cost, saudi drone attack

Major spike in petroleum, urea subsidies; Modi govt’s subsidy bill jumps by Rs 28,000 crore in first four months

Food, Petroleum, Urea Subsidies: Union government’s petroleum subsidy bill has seen the sharpest hike in the first four months of…

September 8, 2019 23:44 IST

Reliance Jio, Reliance Jio offers, lpg subsidy, sensex, gold price, Tata Motors, Bajaj Auto, Maruti Suzuki, Indian rupee, reliance jio 4g plan

Reliance Jio, LPG Subsidy, Sensex, Gold, Car sales, Indian Rupee, more

Reliance Jio, LPG Subsidy, Sensex, Gold, Car sales, Indian Rupee, more: RIL’s telecom venture, Reliance Jio will offer 10 monthly…

September 2, 2016 14:38 IST

Better LPG, kerosene targeting soon; to reduce subsidised consumers by another 2 -2.5 cr: Dharmendra Pradhan

The plan is not to cap subsidies but to restrict it to the deserving only

Updated: May 25, 2016 09:47 IST

Ujjwala Yojana: Phase 2 of LPG for poor women launched for Gujarat, MP, Rajasthan

Launching the second phase of the Pradhanmantri Ujjwala Yojana here on Sunday, from this tribal-dominated district of Gujarat, Petroleum Minister…

May 16, 2016 10:23 IST

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