New Delhi, April 7 (IANS) The Centre has decided to double the daily allocation of 5-kg free trade LPG (FTL) cylinders available for distribution to migrant labourers across states, according to an official communication.The Petroleum Ministry said in a notification the enhanced allocation will be based on the average daily supply of cylinders provided to migrant workers.The revised allocation goes beyond the earlier cap of 20 per cent specified in March announcement.The government also said tha…
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Mumbai, April 6 (IANS) Amid rising geopolitical tensions in the Middle East that have strained global petroleum supply chains, the Maharashtra government, in coordination with major Oil Marketing Companies (OMCs), on Monday issued a firm assurance of adequate fuel availability across the state. State authorities and representatives from Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation Limited (IOCL), and Hindustan Petroleum Corporation Limited (HPCL) confirmed that stocks o…
New Delhi, April 5 (IANS) In a bid to make the LPG distribution system more transparent and efficient, the Delhi government has imposed a complete ban on the sale of cylinders directly from godowns, Chief Minister Rekha Gupta said on Sunday.She said the Oil Marketing Companies (OMCs) have issued clear instructions to all distributors, stating that any such sale is illegal and will attract strict action.At the same time, the government has significantly expanded the availability of 5-kg LPG cylin…
New Delhi, April 4 (IANS) Delhi Chief Minister Rekha Gupta on Saturday reassured citizens that the supply of both domestic and commercial LPG in the capital is stable and urged them to avoid crowding gas agencies. She emphasised that there is no shortage of LPG — or any other fuel — in the national capital, and urged people not to be misled by rumours.Sharing the latest data, the Chief Minister said that on April 3, a total of 1,11,504 LPG bookings were recorded across Delhi. In contra…
New Delhi, April 4 (IANS) Pakistani consumers are bearing almost half of petrol’s retail cost in the form of government levies and industry profit margins, an internal government document has revealed, coming just a day after a massive increase in the prices of both petrol and diesel was announced, a report said.According to the Geo News report, Petroleum Minister Ali Pervaiz Malik, speaking alongside Finance Minister Muhammad Aurangzeb at a press briefing, announced a Rs 137.23-per-litre rise i…
New Delhi, April 3 (IANS) The Union Ministry of Petroleum and Natural Gas has asked all states and Union Territories to immediately step up proactive public communication on the availability of LPG and other petroleum products, citing the continued circulation of rumours and misinformation that are causing unnecessary public concern and panic buying.In a letter dated April 2, 2026, Secretary Dr Neeraj Mittal urged Chief Secretaries of all States and Union Territories to ensure daily press briefi…
New Delhi, April 3 (IANS) Indian Oil Corporation (IOC) on Friday said that it is delivering around 28 lakh LPG cylinders daily as domestic gas supply across the country remains stable and adequate.The state-run oil firm said operations remain steady and consistent with normal levels, even amid evolving geopolitical challenges.IndianOil also reassured consumers that there is no shortage and advised against panic booking or stockpiling.“IndianOil continues to ensure uninterrupted LPG supply to h…
New Delhi, April 3 (IANS) The Indian rupee depreciation post February 27 is, in fact, in line with other currencies, and better than currencies which appreciated significantly in the earlier period (April 2, 2025 to February 27, 2026), indicating that in an uncertain world pushing the limits on rupee depreciation as a shock absorber does not hold beyond an inflection point, according to SBI Research.Interestingly, the Indian rupee depreciated by 6.4 per cent between April 2, 2025 to February 27,…
New Delhi, April 2 (IANS) Delhi Chief Minister Rekha Gupta said on Thursday that the government has adopted a zero-tolerance policy towards black marketing and hoarding of cooking gas and will continue to act decisively against offenders, while assuring that there is no shortage of LPG supply in the national capital. Her statement came on a day when, in a decisive crackdown on black marketing and illegal diversion of LPG cylinders, the Delhi government carried out an enforcement operation in Ali…
New Delhi, April 1 (IANS) India’s crude inventory is adequate, and all necessary arrangements have been made to ensure sufficient crude supply for the next two months, the government said on Wednesday.Petroleum and Natural Gas Ministry’s Joint Secretary, Marketing and Refinery, Sujata Sharma, said all refineries are operating at optimal capacity, and no instances of fuel shortages have been reported at retail outlets.”I would also like to highlight that about two months ago, Brent crude was trad…