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Kerosene

Jul 18, 2016 at 20:48 | Source: PTI
As per government mandate, Oil and Natural Gas Corp (ONGC) and OIL offers discounts on crude oil to make up for a part of the losses refiners suffer on selling cooking gas (LPG) and kerosene at government controlled rates.
Jul 14, 2016 at 14:12 | Source: PTI
According to Japanese financial services major Nomura, every Rs 1/litre rise in kerosene price lowers the under recovery by Rs 8-9 billion.
Jul 13, 2016 at 16:04 | Source: CNBC-TV18
Sudeep Anand, IDBI Capital Markets Services believe with reduction in under recoveries rerating of upstream companies is on the cards.
Jul 13, 2016 at 11:10 | Source: CNBC-TV18
RS Sharma, CMD, ONGC is very happy with the government's announcement of hike in kerosene price, which will help reduce the subsidy burden of these companies.
Jul 13, 2016 at 08:41 | Source: CNBC-TV18
The government is likely to give a nod to hike kerosene prices by 0.25 paise a litre per month till April 2017. If this comes through then the upstream oil companies like ONGC, Oil India will benefit.
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.
Messages on Kerosene »

R Jagannathan

Platinum Member

1536 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

549 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

356940 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

356940 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

6666 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

363295 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

1536 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

188 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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