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Aadhar authentication for LPG is being done to check bogus customers: Hardeep Singh Puri
Union Minister Hardeep Singh Puri announced that oil marketing companies are implementing eKYC Aadhaar authentication for LPG customers to tackle bogus accounts used by gas distributors for commercial cylinders. This move follows concerns raised by Kerala's Leader of the Opposition, VD Satheesan, about the challenges faced by consumers during the mustering process, which involves verifying Aadhaar details during cylinder delivery. Minister Puri assured that steps are being taken to address any inconvenience and emphasized the importance of preventing the misuse of subsidized cylinders.
PESO to formulate safety norms to allow petrol pumps within 30-50 mtrs of habitation: Piyush Goyal
Commerce and Industry Minister Piyush Goyal has instructed PESO to develop safety guidelines for petrol pumps to operate near residential areas, offered concessions for women entrepreneurs and MSMEs, and chaired a meeting to boost PESO's efficiency. He emphasised formulating guidelines in collaboration with CPCB and MoPNG, QR codes for cylinders, and potentially extending licence durations. Stakeholder feedback will inform further committee decisions to streamline regulatory processes.
ATF price hiked 1.2% after a 6.5% cut seen in June
Jet fuel prices saw a 1.2% hike on Monday, with Aviation Turbine Fuel (ATF) rising to Rs 96,148.38 per kl in Delhi, following a previous 6.5% reduction on June 1. In Mumbai, ATF reached Rs 89,908.30 per kl. Meanwhile, commercial LPG prices for hotels and restaurants were cut by Rs 30 per 19-kg cylinder to Rs 1,646.
LPG Price Cut: Commercial LPG cylinder prices slashed yet again, this time by Rs 30
LPG Price Cut: Oil marketing companies have reduced the price of 19 kg commercial LPG cylinders yet again/ This follows recent cuts, including a Rs 69.50 reduction on June 1. These reductions provide essential relief to businesses, especially in the food and hospitality sectors, amid economic challenges.
Maharashtra budget 2024 key highlights: Free cylinders & farmer friendly measures
Maharashtra budget 2024: Maharashtra Deputy Chief Minister Ajit Pawar presented the state budget during the ongoing monsoon session from June 27 to July 12. Key highlights include the provision of three free cylinders annually to all households under the CM Anna Chhatra Yojana, a Rs 5,000 per hectare bonus for cotton and soybean farmers, and a Rs 5 per litre bonus to milk-producing farmers after July 1, 2024.
Bugatti is manufacturing the world’s fastest car; here are the details regarding the “Tourbillion”
Bugatti has announced its decision to manufacture the world’s fastest car. It will have a top speed close to 250 mph and will be priced at $4.1 million.
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Is it possible to house a trillion people in space? Jeff Bezos’s vision may run into rough weather
Experts point out that there are numerous challenges while envisaging people staying outside Earth in the solar system. Deep and extensive research will be needed before people can start living in space ships outside our planet.
Commercial LPG prices slashed by Rs 69.50 after a Rs 19 cut in May; ATF prices revised down 6.5%
Oil marketing companies have reduced the price of 19 kg commercial LPG cylinders by Rs 69.50 in Delhi, bringing the new price to Rs 1676. This follows a Rs 19 reduction on May 1, 2024, reflecting a positive trend for businesses. Price adjustments are influenced by international oil prices and other factors.
"Public worried about inflation, PM Modi busy creating Hindu-Muslim divide": Priyanka Gandhi Vadra
Addressing an election rally in Chandigarh, Priyanka Gandhi Vadra said, "Public is worried. The youth of the country is unemployed. Women are worried about inflation. Cost of gas cylinders is going high but Narendra Modi is busy creating Hindu-Muslim divide."
Wheels India records 64.3 per cent rise in Q4 net at Rs 36.8 crore
Wheels India Ltd reported a 64.3% increase in net profit for the January-March 2024 quarter to Rs 36.8 crore, attributing the growth to strong export performance. The company's full-year net profits rose by 8.6% to Rs 67.9 crore. Managing Director Srivats Ram highlighted the success of exports, particularly in earthmover wheels, aluminum wheels, and hydraulic cylinders. Revenues remained steady at Rs 1,167 crore for the quarter and grew by 6.3% to Rs 4,619 crore for the full year. The Board recommended a dividend of Rs 7.39 per share.
Women hit hardest due to inflation: Congress' Ragini Nayak
Congress spokesperson Ragini Nayak stated that the women in this country have been severely affected by the significant impact of inflation. Addressing a press conference at the Delhi Pradesh Congress Committee (DPCC) headquarters here, Nayak said the people have "thali' (plate), but not food; they have vehicles, but not fuel; and they have degrees, but not jobs.
Wipro Infra Engineering’s hydraulics business acquires Canadian firm
Wipro Hydraulics acquires Mailhot Industries, expanding into new markets and strengthening its global presence. The acquisition enhances capabilities in various segments and positions the company for better customer service and leadership in the industry.
Prices of commercial LPG cylinders slashed by Rs 19; ATF rate hiked marginally
Oil marketing companies on Wednesday revised the prices of commercial LPG gas cylinders. The rate of 19 KG commercial LPG gas cylinders was slashed by Rs 19 with immediate effect.
TMC unveils 'Didir Shopoth' manifesto, promises doorstep ration delivery, 10 free cooking cylinders for BPL families
The Trinamool Congress (TMC) unveils its manifesto 'Didir Shopoth' for the upcoming Lok Sabha elections, focusing on comprehensive welfare measures and policy reforms. The manifesto reflects Mamata Banerjee's vision for inclusive growth and social justice. Central to the manifesto are promises to repeal the contentious Citizenship Amendment Act (CAA) and halt the National Register of Citizens (NRC) implementation, aligning with Banerjee's vocal stance on these issues.
LPG Price Cut: Prices of 19-kg commercial, 5 kg FTL cylinders cut ahead of Lok Sabha elections; check new rates
LPG price cut: The price of a 19 kg commercial cylinder has been decreased by Rs 30.50, with the new price set at Rs 1764.50 in Delhi starting from April 1. Similarly, the price of the 5 kg FTL cylinder has been lowered by Rs 7.50, reported ANI, citing sources.
LPG cylinder blast kills woman, her 3 kids in UP's Deoria: Police
In a tragic incident, a 42-year-old woman and her three children were killed after an LPG cylinder exploded in a village of this Uttar Pradesh district on Saturday, police said. The incident occurred around 4 am in Dumri village located within the Bhaluani police station limits, they said.
Oil Min counters Rs 399-414 LPG cylinder price during UPA govt vs Rs 803 under BJP rule with 'where was gas' jibe
Oil Minister Hardeep Singh Puri has criticized the opposition Congress' statement of providing cooking gas at Rs 399-414 per cylinder, compared to the Rs 803 rate for general customers and Rs 503 for Ujjwala beneficiaries under the BJP. Puri argued that the pricing under the UPA government was neither here nor there due to scarce availability and the subsidy going to the undeserving.
"Decision taken to extend LPG subsidy for one year," says Union Minister Hardeep Singh Puri
Union Minister Hardeep Singh Puri highlighted PM Modi's decision to reduce LPG cylinder prices, making them more accessible and affordable. He criticized the scarcity of cylinders and the challenges in pricing and subsidy distribution. The reliance on imported crude oil impacts the pricing of LPG cylinders and other petroleum products.
Will PM assure that LPG cylinder price will not go up if BJP comes to power again, asks Chidambaram
Senior Congress leader P Chidambaram welcomed the Centre's decision to reduce LPG cylinder prices but demanded assurance from Prime Minister Narendra Modi that the price won't be increased if his party comes to power again. Chidambaram also questioned the budgetary provisions for the projects announced by the prime minister.
LPG cylinder prices cut by Rs 100 to ease Indian households' cost burden: PM Modi
Cooking gas cylinder prices: India has reduced LPG cylinder prices by 100 rupees, providing relief to households and benefiting women on Women's Day, according to Prime Minister Narendra Modi. The move comes ahead of the Lok Sabha elections, where high inflation rate is seen to be a key issue for debate.
LPG Cylinder prices hiked by Rs 14 ahead of Budget 2024
LPG Cylinder Price Hike: The hike in prices specifically affects the 19-kilogram commercial LPG gas cylinders, witnessing a surge of Rs 14. This alteration in rates came into effect starting today, Thursday, February 01.
North East LPG cylinder carriers of IOC go on indefinite strike
LPG cylinder transporters of Indian Oil Corporation (IOC) in Assam went on an indefinite strike alleging pending dues and low rates in recently floated tenders. The strike is likely to impact supplies to Assam, Arunachal Pradesh, and Meghalaya. IndianOil-AOD, IOC's Northeast division, produces 1.4 lakh LPG cylinders every day from its nine operational bottling plants.
ATF price cut by 4 pc; commercial LPG rate reduced marginally by Rs 1.5 per cylinder
This is the third straight monthly reduction in jet fuel prices. ATF price was cut by almost 6 per cent (Rs 6,854.25 per kl) in November and by Rs 5,189.25, or 4.6 per cent, in December.
Rajasthan govt cuts prices of Ujjwala gas cylinder by Rs 50
Rajasthan Chief Minister Bhajan Lal Sharma made the announcement. Now gas cylinders under the Ujjwala scheme will be available at Rs 450 from January 1. Earlier, the price of LPG cylinders under the scheme was Rs 500. In its poll manifesto, called the 'vision document', the Bharatiya Janata Party (BJP) had promised a subsidy of Rs 450 per LPG cylinder for Ujjwala scheme beneficiaries and 2.5 lakh government jobs.
Relief for commercial gas users as LPG prices slashed by around Rs 40 in an off-cycle move
Oil Marketing Companies (OMCs) have reduced prices of 19 kg LPG cylinders by Rs 39.50 in the four metros. The price cut is a relief for commercial cooking gas users like hotels and restaurants. The revision is usually based on the average international price in the previous month. The new prices are effective from December 22, 2023.
IOC, LPG carriers reach truce, supplies resume in North East
Indian Oil Corporation's LPG cylinder transporters have withheld their agitation for a month after the company agreed to several of their demands, officials said on Monday. Members of the North East Packed LPG Transporter Association (NEPLTA) had on December 4 stopped plying their trucks, alleging pending dues and low rates in recently floated tenders, thereby affecting supply of LPG in several states of the region.
India raises commercial LPG gas cylinder prices to near Rs 2,000
LPG gas cylinder prices: Oil companies have increased the prices of commercial LPG by Rs 101.5. This price hike, effective immediately, sets the cost of a 19 Kg commercial LPG gas cylinder at Rs 1,833 in New Delhi, with Chennai having the highest price at Rs 1,999.50, and Mumbai the cheapest at Rs 1,785.50 among the four metros. Kolkata will sell the commercial LPG cylinder for Rs 1,943.
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