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Here's why Arvind Subramanians economic survey offers a subsidy 'Nirvana'

Feb 27, 2015

Here's why Arvind Subramanians economic survey offers a subsidy 'Nirvana'

In his press conference, chief economic adviser Arvind Subramanian alerted journalists to not look at the Economic Survey as anything more than wishful policy thinking. #Economy #GDP #Kaushik Basu #Raghuram Rajan #Aadhaar #LPG #Arvind Subramanian #Jan Dhan Yojana #Budget2015 #RailwayBudget2015 #JAM Number Trinity
By raising petrol, diesel prices govt passes test on oil deregulation; LPG next?

Feb 16, 2015

By raising petrol, diesel prices govt passes test on oil deregulation; LPG next?

The Modi government has, by allowing petrol and diesel prices to rise this week, has indicated that it intends to let prices be determined by market conditions. It needs to distance itself further from these decisions. #Petrol #Oil subsidies #Diesel #Diesel Price HIke #LPG Deregulation #Oil Deregulation #Kerosene Prices
Indian Oil loss widens to Rs 2,636.80 cr in Q3, falling oil prices harm

Feb 13, 2015

Indian Oil loss widens to Rs 2,636.80 cr in Q3, falling oil prices harm

Inventory loss arose because IOC has inland refineries, where reaching imported crude oil takes time. #Business #ONGC #EarningsShow #LPG #Kerosene #B Ashok #Crude price #India Oil
Jan Dhan: Drop in zero-balance accounts as LPG cash subsidies flow in

Feb 05, 2015

Jan Dhan: Drop in zero-balance accounts as LPG cash subsidies flow in

The Jan Dhan Yojana scheme's success depends on how active these accounts become. One sign: the number of zero-balance accounts is falling. The LPG cash transfers may be helping #Narendra Modi #LPG Subsidies #Direct Benefits Transfer #Jan Dhan Yojana
Fuel Subsidy: Oil Ministry seeks Rs 22,101crore for H2 2014-15

Feb 05, 2015

Fuel Subsidy: Oil Ministry seeks Rs 22,101crore for H2 2014-15

Oil Ministry has sought Rs 22,101 crore in fuel subsidy for the second half of current fiscal so as to almost exempt oil producers ONGC and Oil India Ltd from any payments. #Oil Ministry #Petrol #LPG #Diesel #Crude #Kerosene #brent #Fuel Subsidy #NYMEX #excise duy
PAHAL Yojana will end black marketing in LPG, says PM Narendra Modi

Feb 05, 2015

PAHAL Yojana will end black marketing in LPG, says PM Narendra Modi

Modi said direct cash transfer schemes like the "PAHAL Yojana" will bring an end to black-marketing and subsidies will reach people more effectively. #Prime Minister #Narendra Modi #TheySaidIt #Government #PM #LPG #Modi #DBTL #PAHAL Yojana
Now cheaper than diesel: Jet fuel prices cut by 11.3%

Feb 01, 2015

Now cheaper than diesel: Jet fuel prices cut by 11.3%

Jet fuel (ATF) price was cut on Sunday by a steep 11.3 percent and now costs less than diesel. #Business #NewsTracker #LPG #Diesel #Jet fuel #ATF #Fuel price #Aviation Turbine Fuel
GAIL not to shut down Assam plant but convert to supply feedstock

Jan 30, 2015

GAIL not to shut down Assam plant but convert to supply feedstock

Regarding apprehension that there would be shortfall in the supply of LPG to Assam and the North East, GAIL had informed Indian Oil Corporation Limited (IOCL) about the conversion of GAIL's LPG plant into C2+ recovery unit by BCPL. #Business #Assam #GAIL #IOC #CompanyWatch #BPCL #Oil India #States #Numaligarh Refinery Limited #LPG plant #Brahmaputra Cracker and Polymer Limited
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