Indian gas prices far below average production cost: ICRA

3 April 2017 3:00 PM GMT
The government last week marginally cut the natural gas price paid to producers to $2.48 per million British thermal unit (mbtu) effective for six months from April 1.

‘Not considering hike in diesel, LPG’

29 May 2012 8:46 AM GMT
Still battling the fallout of last week’s steep Rs 7.54 a litre hike in petrol price, the government on Monday said it is not considering raising...

EGoM meet to revise diesel, LPG rates soon

25 May 2012 6:27 AM GMT
After a steep Rs 7.54 a litre hike in petrol prices, a high powered ministerial panel headed by finance minister Pranab Mukherjee may meet soon to...

Govt subsidy of Rs 38,500 cr to oil firms for FY12

22 May 2012 5:11 AM GMT
The government will dole out Rs 38,500 crore additional cash subsidy to public sector oil companies as part of compensation for selling diesel,...

Oil firms seek compensation from finance ministry

18 May 2012 4:19 AM GMT
The petroleum ministry has sought cash subsidy of Rs 49,872 crore from the finance ministry to compensate state-owned oil firms for selling fuel at...

LPG drive on to curb illegal practices

3 May 2012 11:40 PM GMT
Asking various gas agencies in the city to stop illegal practices, Minister of Food and Supplies and Weights and Measures Department, Haroon Yusuf,...
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