The Cabinet approved revised domestic gas pricing guidelines. According to reports, price of natural gas will be 10 per cent of the monthly average of Indian Crude Basket, to be notified monthly.
Ahead of Budget 2023, Indane has revised the rates of domestic and commercial LPG cylinders.
Ahead of the upcoming elections, the Gujarat government on Monday announced a 10 per cent reduction in VAT in LPG and PNG prices.
Oil Companies compensation: The one-time grant will be provided to three oil marketing companies Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL). The three firms sell domestic LPG at government-regulated prices to consumers.
LPG price update: Prices of domestic cylinders will, however, continue to remain steady.On July 6, prices of domestic liquid petroleum gas cylinders weighing 14.2 kgs were raised by Rs 50 per unit.
LPG price revision: With this latest reduction, a 19 kg commercial LPG cylinder will cost Rs 1,976, instead of Rs 2012.50 in Delhi. In Kolkata, instead of Rs 2132, commercial LPG will be available for Rs 2,095.50.
P. Chidambaram said that the LPG cylinder prices have become "exorbitant" and asserted that that a good scheme of subsidised cooking gas started by the UPA has practically perished due to the “callous attitude” of the present government.
Commercial LPG Price Cut: The decision to reduce the price of 19-kg cooking gas is seen as a big relief to commoners who are facing the brunt of skyrocketing inflation.
LPG cylinder price cut: After cutting down on petrol and diesel prices, the government also reduced the price of LPG cylinders by Rs 200.
Diesel consumption was higher due to strong demand from agriculture sector as well as stocking up by consumers and petrol pumps in anticipation of a price hike.
This is the 2nd highest price of 19 kg commercial cylinder after 2012-13 when it used to cost around Rs 2,200 per cylinder.
The development vehicle of PM Narendra Modi is in the "reverse gear", he said.
The Congress party has been attacking the govt over the rise in petrol, diesel and LPG prices and has been demanding reduction in them by removing some of the taxes imposed by the central govt.
Indian Oil Corporation (IOC) has extended its missed call facility to avail new LPG connection to all domestic customers. Prospective customers across the country can give a missed call to 8454955555 to avail a new connection
He further stated how the prices have risen, "Mr Modi's government and LPG prices in 2020 to 2021, from Rs 594 in November 2020 to price as of July 1, 2021 Rs 834."
The price of Liquefied Petroleum Gas (LPG) gas cylinders has been hiked again, and the new rates would be applicable from tomorrow (Monday).
Prime Minister Narendra Modi inaugurated LPG import terminal built by Bharat Petroleum Corporation Limited on February 08.
Getting discount on items of daily news is always good and even great when you are getting a whopping Rs 500 cashback. Well, people can avail a cashback of Rs 500 if they book LPG cylinder via a e-payments app.
IndianOil launched its 5 kg free trade LPG (FTL) cylinder, named "Chhotu", in New Delhi on Friday.
A fire broke out due to an LPG blast at JJ Camp locality of Delhi's Tigri area on Saturday.
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