Government ensures 100% gas supply for PNG, CNG users; flags panic buying
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Government ensures 100% gas supply for PNG, CNG users; flags panic buying
New Delhi [India], April 24 (ANI): The Centre has ramped up fuel supply measures amid the ongoing West Asia crisis, with natural gas now being supplied at 100 per cent for domestic PNG and CNG users and around 80 per cent for industrial consumers, the Petroleum Ministry said on Friday.Addressing an»»»
Fuel retailers losing Rs20/litre on petrol, Rs100 on diesel as Iran war drags on
New Delhi : Fuel retailers are losing ₹20 per litre on petrol and ₹100 a litre on diesel as state-run firms continue to shield consumers from oil price volatility by holding pump rates, an oil ministry official said on Thursday. Sector experts and industry executives, speaking on condition of anony»»»
Government says no plan to hike fuel prices despite OMCs incurring losses | India News - The Times of India
. NEW DELHI: The government on Thursday said there was no plan to increase retail prices of petrol and diesel despite oil refiners incurring losses amid volatile crude prices in the international market due to the West Asia conflict.Sujata Sharma, joint secretary in the petroleum and natural gas mi»»»
Key petrochemical products get 3 month import duty relief
India has waived customs duty on key petrochemical imports until June 30. This move provides relief to sectors like pharmaceuticals, chemicals, and textiles. The government aims to ensure stable domestic supplies and control prices. This exemption is a temporary measure to support industries and co»»»
India fully secure on fuel for next many months, reserve capacity for 74 days exists: Petroleum Ministry
New Delhi (TIP): The Government on Friday, March 27, reiterated that India was fully secure on fuel supplies for the next many months because of which the talk of dependence on strategic reserves, meant for emergencies, is redundant and secondary. The Petroleum Ministry said needless misinformat ..»»»
India lowers fuel taxes, says rumours of lockdown ‘completely false’
India, the world’s third biggest crude importer, announces measures amid shortages created by the Iran war. India has lowered fuel taxes in a bid to protect consumers from rising global energy prices – a result of the United States and Israel’s war on Iran. Petroleum Minister Hardeep Singh Puri sai»»»
Bangladesh hikes jet fuel prices 80% amid energy market turmoil
Bangladesh has enacted an 80% hike in jet fuel prices, the second upward revision in March, the national regulator announced on Tuesday. The Bangladesh Energy Regulatory Commission (BERC) cited volatility in global prices amid the Middle East conflict as the reason for the move. “We had to adjust t»»»
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