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Oil retailers to open 35,600 new outlets in next three years

Jan 20, 2015

Oil retailers to open 35,600 new outlets in next three years

The country has 51,870 petrol pumps with Indian Oil Corp (IOC) being the market leader with 23,993 outlets, followed by Hindustan Petroleum Corp Ltd (HPCL) with 12,869 pumps and Bharat Petroleum Corp Ltd (BPCL) with 12,123 outlets. #ThisisNext #Reliance Industries #Indian Oil #LPG #Hindustan Petroleum #Oil marketing companies #Bharat Petroleum #CNG #Shell #Essar Oil #Petrol Pumps
After diesel, Modi govt wants to decontrol urea, but it won't work if done in small doses

Jan 20, 2015

After diesel, Modi govt wants to decontrol urea, but it won't work if done in small doses

The NDA government is working on a plan for the gradual phaseout of urea price controls. But an extended phaseout will be politically tougher than a quick one-shot affair. The government should do it quickly. #Subsidies #LPG Subsidies #Direct cash transfers #Union Budget 2015 #Urea Deregulation
From public spending to growth: What Arun Jaitley said at CII meet

Jan 19, 2015

From public spending to growth: What Arun Jaitley said at CII meet

Ahead of the 2015-16 Budget, Finance Minister Arun Jaitley today said there was a need to rationalise all subsidies and ensure stability in policies to attract investment and drive growth. #Arun Jaitley #Infrastructure #LPG #Subsidies #Growth #GST #CII #budget 2015 #2015-16 Budget
Falling oil prices: Modi and Jaitley should be thanking Saudi Arabia

Jan 15, 2015

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 #India #oil prices #RBI #oil #IIP #fiscal deficit #OPEC #LPG #Crude #Modi #Kerosene #brent #Saudi Arabia #Urjit Patel #US EIA #Niels Jensen
Govt launches sale of subsidised 5-kg LPG cylinders for BPL

Jan 05, 2015

Govt launches sale of subsidised 5-kg LPG cylinders for BPL

Under the pilot scheme, a BPLfamilywould be provided with LPG connection while there would be no requirement of paying security deposit and cost of pressure regulator, Union Petroleum Minister Dharmendra Pradhan said. #Narendra Modi #NewsTracker #BPL #LPG #Dharmendra Pradhan #CSR #Cooking fuel #FreeTradeLPG

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Multiple LPG connections? Oil cos want to cut yours off

May 18, 2012

Multiple LPG connections? Oil cos want to cut yours off

Oil companies are blocking consumers who have more than one gas connection? It sounds equitable, but it doesn't help anyone. #To What Effect #OMCs #Cooking Gas #LPG Subsidies