For 2024-25, the government allocated Rs 14,700 crore for total LPG subsidy to the OMCs, showed budget documents. The OMCs have been allocated Rs 12,100 crore for 2025-26 for LPG subsidy.

Commercial LPG price: The oil marketing companies have revised the prices of commercial LPG gas cylinders today (February 1). The 19 KG commercial LPG gas cylinders rate has been reduced by Rs 7, ...

Key divestment candidates, Ajay Garg of SMC Global Securities said, include CONCOR, BPCL, LIC, SCI and HAL, all of which are ...

In the last three years, the government has virtually shut down the disinvestment and privatisation programme.

According to government sources, the government of Indian Prime Minister Narendra Modi has changed its emphasis from aggressive divestment to reviving faltering state-run businesses. Following ...

India’s oil secretary Pankaj Jain said that the Ministry of Petroleum and Natural Gas has urged the finance ministry to ...

Less than a month into 2025, New Delhi has plans to invest about $1.5 billion in financial rescue packages for two ...

Indian Oil Corporation reported a 64% year-on-year drop in quarterly profit on lower refining margins, higher inventory and ...

Indian Prime Minister Narendra Modi is pouring billions into ailing state-run firms after slowing ambitious divestment plans ...