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Indore (Madhya Pradesh) [India], April 3 (ANI): A major financial fraud involving Bharat Petroleum Corporation Limited (BPCL) has come to light, with allegations of cheating amounting to nearly Rs 129.55 crore by 1093 individuals across the country over the past few years. Of these, seven such individuals from Madhya Pradesh's Indore district are accused of cheating the company of approximately Rs 5.72 crore, and a case has been registered against them at Kshipra police station in the district. ...Read More >
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Thursday said the state government is committed to making Himachal a self-reliant economy by 2027 and a prosperous state by 2032, asserting that structural reforms initiated during the recently concluded Budget Session would accelerate growth. Addressing the media on the final day of the assembly session, Sukhu said that despite presenting a relatively smaller budget compared to the previous year, there was no financial crisis. "We have ...Read More >
Rahul Gandhi accused Assam CM Himanta Biswa Sarma of corruption and alleged that the BJP leadership is operating a "land ATM" to benefit corporates. Congress MP Rahul Gandhi on Thursday launched a sharp attack on Assam Chief Minister Himanta Biswa Sarma, alleging that he is the "most corrupt Chief Minister" in the country and accusing the BJP leadership of facilitating corporate interests at the cost of the public. Addressing an election rally in support of party candidate Raton Engti for the ...Read More >
All refineries are operating at high capacity, with adequate crude inventories in place | Image: Canva/Free The Central Government authorised on Sunday to make an ad hoc allocation of Public Distribution System (PDS) Superior Kerosene Oil (SKO) to the States and Union Territories (UTs) for distribution to households for cooking and lighting purposes, citing the ongoing West Asia conflict's disruption of energy supplies. The allocation includes the 21 states and UTs which are PDS SKO free. Ear ...Read More >
Indore (Madhya Pradesh) [India], April 3 (ANI): A major financial fraud involving Bharat Petroleum Corporation Limited (BPCL) has come to light, with allegations of cheating amounting to nearly Rs 129.55 crore by 1093 individuals across the country over the past few years. Of these, seven such individuals from Madhya Pradesh's Indore district are accused of cheating the company of approximately Rs 5.72 crore, and a case has been registered against them at Kshipra police station in the district. ...Read More >
New Delhi [India], April 3 (ANI): Amid the conflict in West Asia and the Gulf region, which has resulted in a fuel crisis in several countries across the world, India on Thursday said that it has received a request from Bangladesh for the supply of diesel, which is currently being examined by the government. Other countries from the neighbourhood, including the Maldives and Sri Lanka, have also approached India. The inputs were shared by the Ministry of External Affairs Spokesperson Randhir Jai ...Read More >
New Delhi: Export duties levied on diesel and jet fuel won't be applicable to Reliance Industries' special economic zone (SEZ) refinery due to court rulings, a government official said on Thursday. "As per judicial pronouncements on this issue, the special additional excise duty and additional excise duty are not applicable on SEZ refineries," Jainendra Singh Kandhari, Joint Secretary in the finance ministry, told a press conference. Reliance operates two refineries in Gujarat-one catering to ...Read More >
Lucknow, April 2 (SocialNews.XYZ) In a strong crackdown on black marketing of petrol, diesel, and LPG, the Uttar Pradesh government has registered 233 FIRs and arrested 20 people since the statewide campaign was launched on March 12 on the directives of Chief Minister Yogi Adityanath. According to the Food and Civil Supplies Department, 19,882 raids were conducted across the state during this period. While 20 individuals have been arrested so far, prosecution proceedings have been initiated ag ...Read More >
New Delhi: The government on Thursday admitted that oil marketing companies (OMCs) in the country are currently incurring significant losses on fuel sales as global crude oil prices surge amid the ongoing West Asia conflict, even as retail fuel prices remain unchanged. "Oil marketing firms are facing under-recoveries of about Rs 24 per litre on petrol and Rs 104 per litre on diesel. The government has reduced excise duty to keep prices stable, and part of the burden is also being borne by our o ...Read More >
Lucknow: The state government has intensified its crackdown on black marketing and illegal sale of petrol, diesel and LPG, conducting more than 17,000 raids across districts while maintaining that fuel supply remains normal. According to official data, a total of 17,581 raids and inspections have been carried out since March 12 as part of a statewide drive to ensure uninterrupted availability of essential fuels. During the campaign ,authorities registered 33 FIRs against LPG distributors and 1 ...Read More >
Shimla, April 2 (PTI) No price hike in petrol and diesel has been implemented in the state and the Legislative Assembly has merely made a provision to allow for a rate increase of up to Rs 5 in the future, should the need arise, Chief Minister Sukhvinder Singh Sukhu said on Thursday. The Himachal assembly, on March 23, passed the HP Value Added Tax (Amendment) Bill 2006, seeking the levy of "Orphan and Widow" cess on Petrol and high-speed diesel up to five rupees per litre. Interacting with th ...Read More >
New Delhi: More than 55,000 PNG connections have been gasified across 110 geographical areas in the last five days, the government said on Thursday, adding that over 4.3 lakh 5 kg FTL cylinders have been sold since March 23. An additional 10 per cent allocation of commercial LPG has been offered to states/UTs, linked to the transition from LPG to PNG, with further allocations being recommended for reform-oriented states. "At present, eight states/UTs are being provided with this additional all ...Read More >
Shimla (Himachal Pradesh) [India], April 2 (ANI): The Chief Minister of Himachal Pradesh, Sukhvinder Singh Sukhu, on Thursday said the state government is committed to making Himachal a self-reliant economy by 2027 and a prosperous state by 2032, asserting that structural reforms initiated during the recently concluded Budget Session would accelerate growth. Addressing the media on the final day of the Assembly session, Sukhu said the government had ensured constructive debate and incorporated ...Read More >
Davanagere (Karnataka): Karnataka Chief Minister Siddaramaiah on Thursday said the Congress is receiving more-than-expected public support in the by-elections and that people have realised the "truth" about the BJP's lack of development, even as he attacked the Centre over fund allocation. Speaking to media persons at the helipad at the MBA College premises in Davanagere, he said the response in the Davanagere South Assembly constituency has exceeded expectations. "People have understood that ...Read More >
New Delhi [India], April 2 (ANI): Oil marketing companies (OMCs) in India are currently incurring significant losses on fuel sales as global crude oil prices surge amid the ongoing West Asia conflict, even as retail fuel prices remain unchanged, according to the Ministry of Petroleum and Natural Gas. Addressing reporters at an inter-ministerial briefing on Thursday, Sujata Sharma, Joint Secretary in the Ministry, said that OMCs are facing under-recoveries of about Rs 24 per litre on petrol and ...Read More >
Lucknow, Apr 2 (PTI) Samajwadi Party (SP) chief Akhilesh Yadav accused the BJP on Thursday of attempting to influence elections in various states in collusion with the Election Commission (EC) and asserted that his party is preparing to counter such "conspiracies" to establish a "PDA government" in Uttar Pradesh. Addressing a press conference here after meeting the party cadre, Yadav said the members of the SP have reiterated their commitment to strengthening the "PDA" (Backwards, Dalits, Minor ...Read More >
Uttar Pradesh chief minister Yogi Adityanath on Sunday highlighted UP's achievement in providing nine lakh govt jobs in nine years and emphasised transparency in the selection process. CM Yogi also challenged the opposition to question the transparency of the job selection process Addressing the distribution ceremony of appointment letters related to 665 nursing officers in Lucknow, CM Yogi said, "Uttar Pradesh is the most populous state in the country. A population of 25 crore resides in this ...Read More >
Amid ongoing global energy supply disruptions, state-run oil marketing companies on Wednesday raised prices of commercial LPG and aviation turbine fuel (ATF), marking a significant increase across key fuel segments. The price of a 19kg commercial LPG cylinder was hiked by ₹195.5, taking the rate in Delhi from ₹1,883 on March 7 to ₹2,078.50 on Wednesday, a 10.4% increase. Commercial LPG is widely used by hotels, hostels and restaurants, and this is the second price hike in less than a month ...Read More >
Bengaluru: Private fuel retailers Nayara Energy and Shell have increased petrol and diesel prices across major Indian cities, including Bengaluru in Karnataka, triggering fresh concern among consumers already grappling with rising living costs. The hike comes at a time when global crude oil prices are surging due to escalating geopolitical tensions in West Asia, even as public sector oil companies, owned by the Karnataka government, continue to hold retail prices steady. In Bengaluru, petrol p ...Read More >
New Delhi [India], April 2 (ANI): Congress Member of Parliament Manish Tewari on Thursday questioned the long-term effectiveness of the Government's decision to slash excise and customs duties, calling it a 'band-aid approach' for a much larger global energy crisis. Tewari, while speaking to the reporters, said, "... One can only manage a contingency by reducing excise and customs duty. The main point is up to what extent this band-aid approach would work, if we do not get sufficient crude oil ...Read More >
Udaipur News: A financial assistance of Rs. 81.12 crores has been sanctioned for Rajasthan by the Government of India. The assistance was offered to the Rajasthan Renewable Energy Corporation so the state could significantly speed up its existing nascent stage electric vehicle (EV) infrastructure. The fund would be utilized by the corporation for establishing public charging stations for EVs across Rajasthan. In Rajasthan, a total of 591 charging stations would be set up across 262 locations an ...Read More >
New Delhi : Godrej Enterprises Group and Tata Capital have entered into a strategic partnership to accelerate India's intralogistics transformation by introducing structured finance lease solutions -- an emerging and differentiated model in the Indian forklift and material handling equipment market. The collaboration enables businesses to scale operations without large upfront capital expenditure and aims to finance lease assets worth ₹100 crore over the next three years. With sectors such as e ...Read More >
New Delhi: Aviation turbine fuel (ATF) prices for domestic airlines were raised by a calibrated 8.5 per cent on Wednesday, instead of more than doubling as warranted by a war-driven surge in global oil prices, even as rates for commercial LPG and premium petrol were also increased amid firm energy trends. ATF or jet fuel for domestic carriers was hiked by Rs 8,289.04 per kilolitre, or 8.56 per cent, to Rs 1,04,927.18 per kl from Rs 96,638.14 per kl last month, according to state-owned oil firms. ...Read More >
NEW DELHI: The price of commercial LPG cylinders rose by over 10% on Wednesday, from Rs 1,883 to Rs 2,078 in the national capital, reflecting the surge in global gas prices amid the military conflict in energy-rich West Asia.The 19-kg LPG cylinder is largely used by industries and eateries, and domestic consumers, who use 14.2-kg cylinders, will not see an increase, with govt and oil retailers bearing the burden.For commercial cooking gas, this is the third increase in the past month - the price ...Read More >
Pune: In the narrow bylanes of Camp, where legacy bakeries have stood for decades, the scent of hot cross buns signals Good Friday as reliably as church bells. Traditionally eaten on this day to mark the occasion, the buns draw long queues each year. This time, however, the ritual comes with the sharp undertone of rising costs and fuel shortages, forcing bakers to make less profitable calculations behind their counters.Made with refined flour, butter, milk, sugar, yeast and spices, and often stu ...Read More >
NEW DELHI, April 1: India witnessed a historic surge in Aviation Turbine Fuel (ATF) prices on Wednesday, driven by soaring global crude rates amid the ongoing West Asia conflict. Domestic airlines will face an 8.5% increase, while foreign carriers, non-scheduled, charter, and adhoc operators will see a massive 114.5% hike, pushing ATF to a record Rs 2,07,341 per kilolitre -- the first time it has crossed the Rs 2 lakh mark. The sharp rise comes as global energy supply chains face disruptions, ...Read More >
Ahmedabad: Fuel shortage concerns and a race to beat expiring tax incentives drove Gujarat's electric vehicle sales up 75.5% year on year in March, with pure EV registrations more than doubling. The state govt has now extended RTO-linked tax incentives for EVs until March 31, 2027, providing an additional boost to demand. In a notification issued on March 30, the govt amended the incentive deadline from March 31, 2026, to March 31, 2027. The decision is expected to further elevate demand for ele ...Read More >
New Delhi: Prices of commercial liquefied petroleum gas (LPG) were hiked by Rs 195.50 on Wednesday, on back of surge in global oil prices linked to the widening West Asia conflict. A 19-kg commercial LPG now costs Rs 2,078.50 in Delhi, according to state-owned oil companies. Rates were last increased by Rs 114.5 per 19-kg cylinder on March 1. Domestic cooking gas LPG rates, which were last hiked by Rs 60 per 14.2-kg cylinder on March 7, remain unchanged. It costs Rs 913 per 14.2-kg cylinder in ...Read More >
A 19-kg commercial LPG now costs Rs 2,078.50 in Delhi, according to state-owned oil companies. Prices of commercial LPG were hiked by Rs 195.50 on Wednesday, on back of surge in global oil prices linked to the widening West Asia conflict. A 19-kg commercial LPG now costs Rs 2,078.50 in Delhi, according to state-owned oil companies. Rates were last increased by Rs 114.5 per 19-kg cylinder on March 1. Domestic cooking gas LPG rates, which were last hiked by Rs 60 per 14.2-kg cylinder on March ...Read More >
New Delhi, April 1 (SocialNews.XYZ) More than 3.9 lakh 5 kg FTL (free trade LPG) cylinders have been sold since March 23, and over 65,000 5 kg FTL cylinders were sold yesterday, the government said on Wednesday. Supply of LPG continues to be affected due to the prevailing geopolitical situation, but there has been no increase in price for domestic LPG consumers, said the government during the inter-ministerial briefing. "No dry-out has been reported at LPG distributorships. Online LPG bookings ...Read More >
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