The government of India has eliminated subsidy on poor man’s fuel, kerosene through small fortnightly price increases. Kerosene sold through the public distribution system (PDS) is now priced at market rates. The Union Budget for 2021-22 makes no provision for payment of subsidy on kerosene in the fiscal year beginning April, according to budget documents […]
Petrol prices in Delhi touched an all-time high of Rs 84.2 per litre after rising by 23 paise today. Earlier, the petrol price had touched an all-time high of Rs 84 on October 4, 2018, in Delhi. Diesel prices, today, were also raised by 26 paise a litre, taking the price to Rs 74.38 a litre. While […]
The all-India average retail price of onions has dropped by 60 per cent this year to Rs 40 per kg on timely government interventions to boost the supply, according to Consumer Affairs Secretary reported by PTI. “In one month alone, the all-India average retail price of onion has dropped by 33.33 per cent to Rs […]
To give a fillip to India’s push to usher in a hydrogen-based mobility solutions ecosystem, Indian Oil Corporation (IOC) plans to buy 15 buses that can run on hydrogen fuel. The country’s largest oil refiner and fuel retailer is also setting up a facility at its Faridabad research and development (R&D) centre to produce hydrogen to run […]
Cooking gas LPG price has been increased by Rs 50 per cylinder, the second hike this month following firming of international prices. Aviation turbine fuel (ATF) price has also been raised by a steep 6.3 per cent. Non-subsidised LPG price has been increased to Rs 694 per 14.2-kg cylinder from Rs 644 earlier, according to […]
Government schools in Delhi are eyeing substantial income, apart from significant reduction in electricity bills, as they start earning money by selling electricity generated by the rooftop solar systems installed on their buildings, reports Financial Express. Under the Centre’s scheme for government building solarisation, the Delhi government has developed over 21 mega-watt (MW) of solar […]
Organisch, a Delhi-based organic products start-up focused on delivering fruits and vegetables to modern retail firms, is now all set to make a foray in the consumer delivery business. Launching its dedicated app for Delhi/NCR region, Chirag Arora, CEO and Founder of the firm, told indoasiancommodities.com, that the firm’s plan includes deploying special carts and […]
Come October-November, onion prices may skyrocket, like they did last year and around the same time in many of the previous years, exposing the absence of a policy paradigm to ensure price stability of India’s staple vegetable, despite it being a political hot potato, Financial Express reports. Already, wholesale onion prices have nearly doubled within […]
Oil marketing companies increased the price of petrol for third consecutive day last week on Saturday, taking petrol prices in Mumbai to Rs 88.02 a litre. This was sixth time that the fuel price was raised in seven days. In Delhi, petrol was Rs 81.35 a litre. Diesel prices, however, continued to remain steady for 23 days […]
State-owned gas utility GAIL India Ltd sees its gas demand returning to pre-COVID-19 levels by the end of the current quarter as the expansion of the city gas network will offset shrinking consumption. its Director (Marketing) E S Ranganathan said in an online forum. GAIL, the country’s largest natural gas marketing and transporting company, sold about 113 […]
