Tag: LPG
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No provision for LPG compensation in 2nd supplementary demand for grants
On March 10, 2025, Finance Minister Nirmala Sitharaman submitted the second supplementary demand for grants, but it did not include a provision for liquefied...
HPCL, BPCL shares fall as FY25 supplementary demand has no LPG compensation provision
Shares of India's state-run oil marketing companies (OMCs) — Hindustan Petroleum Corporation Ltd. (HPCL), Bharat Petroleum Corporation Ltd. (BPCL), and Indian Oil Corporation Ltd....
Budget creates new Oil Industry Development Fund to cover LPG, fertiliser subsidy shortfall
The government has introduced a new Oil Industry Development Fund (OIDF) in the latest Budget to bridge the funding gap for LPG and fertiliser...
Budget 2025 | Puri says there’s more than enough for oil companies, LPG beneficaries
Hardeep Singh Puri, the Union Minister for Petroleum and Natural Gas, on Saturday reitered the government's commitment to compensating for losses incurred by Oil...
OMCs slash commercial LPG cylinder prices by ₹7
Oil marketing companies—Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL)—have announced a reduction in the price...
