Kerosene

Aug 10, 2015 at 14:23 | Source: PTI
Kerosene through public distribution system (PDS) is sold at Rs 14.96 per litre against the actual cost of Rs 29.91.
Aug 03, 2015 at 14:11 | Source: PTI
The Finance Ministry will pay state-owned fuel retailers Rs 1,300 crore cash subsidy for kerosene for the first quarter ended June 30, but the same on LPG will be decided later.
Jul 13, 2015 at 20:29 | Source: PTI
Government has decided to cap the subsidy payout on kerosene at Rs 12 per litre but rates will not increase as upstream firms like ONGC will be asked to pay Rs 5,000-6,000 crore to maintain retail prices at the current level.
Jul 13, 2015 at 13:22 | Source: PTI
The Finance Ministry will pay Rs 12 per litre in cash to state-owned fuel retailers and any unbridged gap between the retail selling price and the cost of production will be borne by upstream companies like ONGC, he said. Currently, oil companies sell kerosene at a loss of about Rs 18 per litre.
Jul 09, 2015 at 19:03 | Source: CNBC-TV18
Finance Ministry has initiated process to cap allocation and distribution of kerosene to states at 70 lakh kilo litres in order to bring down the Centre's subsidy bill.
Jul 03, 2015 at 08:01 | Source: PTI
Dharmendra Pradhan said JAM - Jan Dhan programme, Aadhar (key to identity beneficiaries) and mobile for delivery has reformed fuel subsidiary delivery in India. He explained that 'Pahal' programme is successfully delivering LPG subsidies to the people in India.
Jul 02, 2015 at 16:04 | Source: CNBC-TV18
The total kerosene subsidy is above Rs 15,000 crore for this fiscal while there has been no such subsidy sharing formula for LPG.
Jul 02, 2015 at 13:53 | Source: CNBC-TV18
The CEA said that the government should now look to overhaul the tax structure for LPG as a big differential between commercial LPG and subsidized LPG was creating a big gap.
Jun 12, 2015 at 16:59 | Source: Reuters
India has saved 100 billion rupees (USD 1.56 billion) subsidy outgo on cooking gas through a similar scheme, which the government says has knocked off about 40 million illegal consumers from the system.
May 22, 2015 at 22:27 | Source: CNBC-TV18
After LPG, government is looking at a formula to sell kerosene through subsidy sharing.
Messages on Kerosene »

R Jagannathan

Platinum Member

1360 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

226 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

306841 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

306841 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

3522 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

1 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

312387 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

1360 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

134 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

124 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

News across the web »
Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.