Surat, April 4 (IANS) Customers applying for new domestic piped natural gas (PNG) connections by June 30 will receive a discount of Rs 500, Gujarat State Petroleum Corporation (GSPC) Managing Director Avantika Singh Aulakh said during a review meeting in Surat on Saturday. The discount will be available in areas with existing gas pipeline infrastructure, and the amount will be credited to the consumer’s bill after the connection is installed.Aulakh said the measure is aimed at encouragin…
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New Delhi, April 2 (IANS) The government’s calibrated 8.5 per cent hike in aviation turbine fuel (ATF) prices for domestic airlines may offer short-term relief to oil marketing companies (OMCs), according to analysts.Analysts at global brokerage firm Nomura have estimated that state-owned fuel retailers continue to lose heavily on ATF sales amid a war-driven surge in global oil prices.At current prices, the brokerage has estimated that OMCs are losing around Rs 64 per litre on domestic ATF sales…
Hyderabad, March 31 (IANS) The Telangana government on Tuesday requested the Centre for urgent additional supply of auto LPG to the state to overcome the daily deficit.Minister for Civil Supplies N. Uttam Kumar Reddy on Tuesday sent a letter to Union Minister for Petroleum and Natural Gas Hardeep Singh Puri stating that the state is currently facing a daily shortage of 55 MTs.The state government called for ramping up the auto LPG availability at public sector undertakings’ (IOCL, BPCL & HPC…
New Delhi, March 31 (IANS) More than 3.1 lakh PNG connections covering domestic, commercial, hostel, and canteen segments have been gasified in March, while another 2.7 lakh new connections have been given and are being gasified to make more natural gas available for cooking amid disruptions in LPG imports due to the Iran war, the Petroleum and Natural Gas Ministry announced on Tuesday.More than 50 lakh domestic LPG cylinders are being delivered daily on average since March 1, 2026, and no ‘dryo…
New Delhi, March 30 (IANS) All refineries are operating at high capacity with adequate crude inventories, and sufficient stocks of petrol and diesel are being maintained while domestic LPG production from refineries has been increased to support local consumption, the Ministry of Petroleum and Natural Gas said on Monday.Although LPG supply continues to be affected due to the prevailing geopolitical situation, no dry-outs have been reported at LPG distributorships. Most LPG distributorships also …
New Delhi, March 26 (IANS): All the oil refineries in the country are operating at high capacity with adequate crude inventories in place, while domestic LPG production has been increased to support local consumption, and the country is also maintaining sufficient stocks of petrol and diesel, according to the update issued by the government on Thursday.Delivery of domestic LPG cylinders is normal, and the government has made additional LPG allocation to priority sectors, including migrant labour…
Chennai, March 26 (IANS) Indian all-rounder Shivam Dube said on Thursday that his train journey back home after winning the T20 World Cup 2026 with his family was exciting but also quite tough, as he had to take extra precautions to avoid being recognised. Dube had to take an unusual route to get back home from Ahmedabad after the historic win. Unlike most Indian cricketers who travel by chartered or private flights, he couldn’t find any available flights from Ahmedabad to Mumbai, as they were…
New Delhi, March 25 (IANS) India’s markets are likely to recoup some lost ground after the US announced a five‑day reprieve for Iran’s energy infrastructure, a report said on Wednesday.Radhika Rao, Senior Economist and Executive Director at DBS Bank, predicted that the RBI will keep rates on hold in 2026, while addressing specific pockets of strain.The bar for rate hikes is high, due to the “stagflationary” shock and exogenous nature of the event risk, the report said.”Foreign reserve cove…
New Delhi, March 25 (IANS) The government on Wednesday dismissed reports claiming changes in LPG refill booking timelines, terming them misleading and unfounded.The Ministry of Petroleum and Natural Gas (MoPNG) clarified that no revisions have been made to the existing refill booking norms for LPG connections.The ministry stated that some media reports and social media posts had claimed that refill booking timelines had been altered to 45 days for Pradhan Mantri Ujjwala Yojana (PMUY) beneficiari…
Hyderabad, March 25 (IANS) Chaos prevailed at petrol bunks across Hyderabad on Wednesday as rumours of fuel shortage due to the ongoing war in West Asia triggered panic buying by customers.Long queues of motorists were seen at almost all retail outlets in the twin cities of Hyderabad, Secunderabad and the outskirts, even as authorities assured people that adequate stocks are available.Hundreds of vehicles, including trucks, buses, vans and cars, were seen at major filling stations, leading to tr…