Previously, the government had asked Indian Oil Corporation Limited (IOCL), Bharat Petroleum (BPCL) and Hindustan Petroleum (HPCL) and other public sector oil marketing companies (OMC) s to raise rates of subsidised domestic LPG by Rs 2 per 14.2 kg each month (excluding VAT) with effect from July 1, 2016. On July 1, LPG prices were increased by Rs 32 per cylinder. But now the quantum has been doubled to completely do away with the subsidy. "The decision (to increase the price) implies that the government proposes to eliminate subsidy on LPG cylinders from March onwards".
According to earlier orders, every household was allowed 12 cylinders of 14.2-kg each at a subsidised rate.
Raising the issue during Zero Hour, Congress member K.C. Venugopal said the government is working on speedy elimination of subsidy on cooking gas which will affect the common people of the country.
He said, "The oil prices have fallen in worldwide market, why not in India?" This means a hike of ₹24 per cylinder in the past year.
Aviation turbine fuel (ATF) price was hiked by Rs 1097 per kilolitre on Tuesday while the rate of non-subsidised cooking gas (LPG) has been cut by Rs 40 per cylinder in line with global trends. An LPG cyclinder priced at Rs 420 last June, was now Rs 480, he said. In a written reply, Pradhan informed that the government in its order dated 30 May 2017 has authorised the oil companies to increase the price by four rupees excluding tax per month. Two-third of the Rs25,000 crore oil subsidy allocated for the current financial year is meant for LPG and the remaining for kerosene.
The central government is funding about 40% of the Rs12,940 crore cost of laying a 2,500 km gas pipeline extending through Uttar Pradesh, Jharkhand, Bihar, Odisha and West Bengal.
The AITC Member pointed that out of 18.11 crore people using subsidised LPG, there were 2.5 crore poor women who were being given the cylinder under the Ujjwala schemes.
BidaskClub cut shares of Prestige Brand Holdings from a sell rating to a strong sell rating in a report on Wednesday, July 12th. Acadian Asset Management LLC raised its stake in Prestige Brand Holdings by 463.2% in the first quarter.
Institutional investors own 76.32% of the company's stock. $45,705 worth of stock was sold by Broz Steven on Monday, May 22. In related news, insider Uday Yadav sold 3,034 shares of the business's stock in a transaction dated Thursday, May 4th.
Brandi warned that she would struggle to contain her rage in the house, saying beforehand: "I want to see if I can test myself". According to papers filed in Miami-Dade County on January 22, Glanville "knowingly made false and malicious statement that Mrs.
The question on everybody's lips, of course, is how Man United will line up with the 29-year-old in the side. Also, the Champions League, you never know what can happen. "With Victor we have been together at Benfica ".
As of late Monday night, no officers had been injured and none had fired any shots, Colorado Springs Police Lt. North Academy Blvd., Carefree Circle and Maizeland Road were temporarily shut down due to the shooting.
Supreme Court has ruled that race may be used as a factor in college admissions, but just how much of a factor is up for debate. As the Office of Equal Opportunity and Diversity explained, affirmative action first became law after President John F.
The tiny Balkan nation won praise from Washington for joining despite pressure against the move from Russian Federation . Vice President Mike Pence on Sunday assured USA commitment to the Baltic states in the face of Russian aggression.
He has been an instrumental presence in the club's recent trophy hauls, including winning a second historic treble in 2015. There's not a lot we can add to that is there? We don't really see this scenario, like everyone else does.
Fox hasn't announced the move, but Helfrich was pictured with a group of Fox Sports personalities on a golf outing last week. While no formal announcement has been made yet, the news has not exactly been under cloak and dagger.
He later tweeted that he sometimes uses "colourful language" and pledged to refrain. The error will be corrected in subsequent editions ".
Sentiment Report: Comcast Corp (NASDAQ:CMCSA)
It increased, as 48 investors sold MA shares while 447 reduced holdings. 155 funds opened positions while 739 raised stakes. Penobscot Invest Mgmt has 49,247 shares for 1.18% of their portfolio. (NYSE:WM) shares were sold by TREVATHAN JAMES E JR.
Scripps Networks Interactive Inc
Soros Fund Management LLC acquired a new stake in Scripps Networks Interactive during the first quarter worth about $4,945,000. The company reported $1.53 earnings per share (EPS ) for the quarter, topping analysts' consensus estimates of $1.18 by $0.35.
Boss turns crisis into win with LA 2028 deal — IOC
It looks like the Olympics coming to Los Angeles for 2028 is a done deal, with Paris beating out Southern California for 2024. Los Angeles leaders are celebrating an agreement with Olympic organizers to host the 2028 Summer Games.
SRK's Ted Talks To Clash With Salman's Bigg Boss
Colors CEO Raj Nayak, recently took to Twitter to share the news . "Auditions open for #BiggBoss Season 11 with @beingsalmankhan". Hindustan Times reports that the show will start airing in October though the exact premiere date has been kept under wraps.
Man accused of wounding OH deputy arrested after search
The sheriff's office reported that the suspect's vehicle started having mechanical problems north of OH 109 and slowed to a stop. Gilmore with one count of attempted aggravated murder, one count fleeing and eluding, and one count of weapons under disability.
Wal-Mart Stores Inc
Fukoku Mutual Life Communications accumulated 0.07% or 6,360 shares. 70,500 were accumulated by Products Prtnrs Limited Company. The retailer reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.04.
Disney looking to fill work-from-home positions
The Disney Store is hiring part-time work-from-home guest services representatives or "cast members". Residents in Florida, Texas, Nevada, North Carolina and SC are also invited to apply.