Pakistan has assured Turkmenistan that rising tensions with India will have no effect on TAPI gas pipeline project, a media report said on Sunday after doubts were raised over the future of the USD 10 billion trans-national project in the wake of fresh tension between New Delhi and Islamabad over Kashmir.
Fuel prices in India remain stubborn despite a massive slump in global crude oil rates in recent months. Ideally, this drop in international oil prices should reflect in cheaper petrol and diesel back home – but that’s not happening.
Uttar Pradesh Energy Minister Shrikant Sharma on Tuesday defended his government’s decision to hike the power tariff for various consumer categories in the state. “Electricity rates have been increased by only 11.50 per cent.
Uttar Pradesh Police on Wednesday cracked down on a rural LPG agency in connection with a scam in Prime Minister’s ‘Ujjwala Yojana’ scheme and recovered 4,912 LPG cylinders and over 6,000 regulators hidden in bushes and godowns in Pachperwa of Balrampur district.
Petrol and diesel will cost more in Uttar Pradesh from Tuesday after the state government hiked Value Added Tax (VAT)on both. A litre of petrol will now cost 98 paisa more across the state while a litre of diesel has become dearer by Rs 2.35.
A person was killed and another went missing after a massive fire broke out in an offshore support vessel (OSV) named Coastal Jaguar, hired by Hindustan Petroleum Corporation Limited, on Monday, following a loud explosion on board the vessel.
Economic Survey 2019: In what seems to be some really good news for Indian citizens, oil prices have been predicted to decline in FY20, as per the document. Finance Minister Nirmala Sitharaman said that if oil prices decline then it will help keep inflation in check.
Iran on Tuesday (25 June) strongly criticised the United States for imposing sanctions targeting its Supreme Leader Ayatollah Khamenei and other top officials, reports The Hindu.
The Centre has virtually ruled out including petroleum products within the ambit of GST immediately, turning down repeated demands from the aviation sector and oil companies.
Prime Minister Narendra Modi won a thumping majority in the Lok Sabha election dismissing all hullaballoo about rural distress and neglect of the poor. Analysts have credited Narendra Modi government’s LPG scheme among other things for the BJP’s return to power.