"Poor people, unaware of the quality of the product, buy the cheaper product from the market. Beneficiaries of the Ujjwala scheme need protective hoses the most, but they will be able to afford them only if the price is lower. Because of the 18 per cent GST on it, the price increases signifi
The retail price of a 19 kg LPG commercial cylinder in Delhi is set to be Rs 1,580, down from Rs 1,631.50. Meanwhile, in Kolkata, Mumbai and Chennai, commercial LPG prices will be revised down to Rs 1,684, Rs 1,531.5, and Rs 1,738 respectively.
Despite a 63% hike in Saudi CP, the Modi government has kept LPG prices stable, insulating mothers and sisters from the price rise. Oil Marketing Companies (OMCs) have suffered heavy losses to make LPG available to kitchens at nearly half the cost at which it is sold in neighbouring count
The Union Cabinet chaired by Prime Minister Narendra Modi has approved compensation amounting to Rs 30,000 crore to the three Public Sector Oil Marketing Companies (IOCL, BPCL and HPCL) for the under- recoveries incurred on sale of domestic LPG.
LPG losses incurred by oil marketing companies (OMCs) are expected to decrease by around 45 per cent in FY26 if crude oil prices remain stable at USD 65 per barrel, according to a report by CareEdge Ratings.
The Congress-ruled Karnataka state government has launched state-wide agitation "Bekitha Kitha Dubari BJP" in Bengaluru against the central government over the issue of hike in gas and petrol prices. The demonstrations are spearheaded by Karnataka Chief Minister Siddaramaiah and KPCC Preside
Karnataka Chief Minister Siddaramaiah on Thursday launched a scathing attack against the central government's recent hike in petrol and LPG prices and also against the ED's chargesheet filed against party leaders Sonia Gandhi and Rahul Gandhi.
Union Minister H D. Kumaraswamy criticised the Karnataka government for burdening citizens with taxes and defended the Centre over fuel price hikes. He said the increase in petrol and LPG prices does not directly affect the common man.
Bharat Rashtra Samithi (BRS) Working President KT Rama Rao (KTR) has demanded the Central government to immediately reverse the recent hike in petrol, diesel, and LPG prices, accusing the BJP administration of plunging the lives of Indian citizens into chaos with its unrelenting fuel price i
Oil marketing companies (OMCs) are likely to see a big drop in losses on selling domestic LPG cylinders over the next few months due to the recent LPG price hike and falling international fuel prices, according to a report by Antique Stock Broking.
Karnataka Deputy Chief Minister DK Shivakumar launched a scathing attack on the Bharatiya Janata Party on Tuesday. He said that the BJP leaders should protest against the centre's decision to hike the LPG prices.