SENSEX NIFTY

Kerosene

May 02, 2016 at 08:54 | Source: PTI
Kerosene sold to non-ration card segment outside the subsidised public distribution system (PDS) will cost Rs 49,109.05 per kilolitre (kl) or Rs 49.1 a litre in Delhi as against Rs 46,172.13 per kl previously.
Apr 26, 2016 at 16:36 | Source: PTI
Diesel demand, which soared 7.5 percent to 74.6 million tonnes last fiscal, is projected to further go up by 7.7 percent to 78.11 million tonnes.
Apr 11, 2016 at 18:50 | Source: PTI
"Fitch equalises IOC's rating with that of its largest shareholder, the state of India (BBB-/Stable) due to their strong operational and strategic linkages," the credit rating agency said in a statement.
Mar 11, 2016 at 18:49 | Source: CNBC-TV18
The report has been prepared after examining nine areas of expenditure management including issues related to fertiliser subsidy, Direct Benefit Transfer (DBT), removal of cesses, among others
Feb 26, 2016 at 13:46 | Source: Moneycontrol.com
The central and state governments subsidise a wide range of products including rice, wheat, pulses, sugar, kerosene, LPG, naphtha, water, electricity, fertiliser, iron ore, railways, among others in order to make these affordable.
Feb 19, 2016 at 15:20 | Source: PTI
To cut down wasteful expenditure, Mohandas Pai suggested kerosene subsidy should be brought under direct benefit scheme similar to the one introduced for LPG and pushed for introducing reforms in the fertiliser sector, enhanced infrastructure spending and more allocation to health, education, irrigation and farmers' welfare.
Feb 10, 2016 at 13:52 | Source: PTI
Commission paid to wholesale dealers, who are given licence under Form XV, has been raised from Rs 536.09 per kilolitre (KL) to Rs 714.18 per kl, an increase of Rs 178.09 per kl or Rs 0.17 per litre.
Feb 09, 2016 at 15:08 | Source: PTI
As per a new fuel subsidy sharing formula approved last year, upstream firms Oil and Natural Gas Corp (ONGC) and OIL have to make good any revenue loss incurred by fuel retailers on selling kerosene through PDS and domestic LPG after taking into account the fixed subsidy provided by the government.
Feb 07, 2016 at 17:34 | Source: PTI
The 15 million tons per annum Paradip refinery was built over nearly 16 years. The then Prime Minister Atal Bihari Vajpayee had on May 24, 2000 laid foundation stone of the ninth plant of IOC.
Jan 11, 2016 at 17:52 | Source: PTI
The government transfers subsidy to LPG users as well as to beneficiaries of scholarships and pension schemes directly to their bank accounts under the DBT. From April 1, kerosene subsidy too will be transferred directly to beneficiary accounts.
Messages on Kerosene »

R Jagannathan

Platinum Member

1522 Followers

Budget  

interactions, but the gist is this: diesel is being deregulated once the subsidies become zero after the monthly increases of 50 paise neutralise the losses faced by oil marketing companies. Subsidies on LPG, kerosene and fertiliser are being capped at specific levels - and their market prices deregulated

11.22 AM Jul 8th 2014

dipu_1990

Platinum Member

491 Followers

Jet Airways  

the ATF is priced higher as it subsidises the other fuels, like kerosene and LPG. it is currently priced around same level as petrol. how much price reduction r u expecting in ATF price, and will that also result in the price of petrol coming down as well? even if there is a minor reduction in ATF

10.17 AM Jul 8th 2014

Web Messenger

Platinum Member

352533 Followers

News Now  

Source:Calcutta Telegraph News - New Delhi, July 4: The government is looking at options to cut the oil subsidy bill, such as a one-time hike in kerosene and cooking gas prices or a phased monthly increase like diesel. “The ministry will put forward different options for the consideration

7.01 PM Jul 7th 2014

Web Messenger

Platinum Member

352533 Followers

Budget  

Source:Economic Times - NEW DELHI: Ruling out any immediate hike in prices of LPG and kerosene, Oil Minister Dharmendra Pradhan today said the new government will continue with the policy of subsidising commonly used cooking fuels.

6.58 PM Jul 7th 2014

uuuthh

Platinum Member

6626 Followers

Indian indices  

Big tickets that would continue the bullish rally in Nifty Good news for some sectors: # Oil and Gas sector - Phased reduction in LPG/Kerosene subsidy # Tax slabs - Income tax slabs to be raised from 2,00,000rs. to 3,00,000rs. # Mortgage tax break - Raise current limit of 1,50,000rs to 3,00,000rs.

5.27 PM Jul 7th 2014

zakmathew

Gold Member

3 Followers

Oil & Gas - Sector  

Govt. should look at alternatives and rationalize expenditure to keep the price at the current level. It is suggested to bring gas, kerosene, petrol, diesel under a comprehensive scheme and provide it at extremely competitive rates through rationalizing expenditure.

10.03 AM Jul 6th 2014

MMB Messenger

Platinum Member

358799 Followers

Oil & Gas - Sector  

Oil Ministry finalises plan for LPG, Kerosene price hike. Will PM give the go ahead?

4.51 PM Jul 4th 2014

R Jagannathan

Platinum Member

1522 Followers

Politics  

450 per cylinder. Kerosene, of course, remains the holy cow - the so-called poor man`s cooking fuel that is actually used to adulterate diesel. With diesel rising consistently, the government has effectively increased the incentive for adulteration and corruption. Why do governments do such daft

12.38 PM Jul 3rd 2014

kolaskar

Platinum Member

185 Followers

HPCL  

hold on to HPCL or buy around 405 levels. This stock is bound to go up as indirect oil reforms are the only reality and possibility in the next 6-8 months. I am sure with a looming large fiscal deficit, there will be some bold announcements on LPG and Kerosene prices in the budget.

11.20 AM Jul 1st 2014

john_H

Silver Member

130 Followers

BPCL  

Target 750 in 3 months, provided govt continues on reform front ( lpg and kerosene hikes) after assembly elections in 3 states.

1.34 PM Jun 30th 2014

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