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NATIONAL NEWS
Kerosene subsidy bill down to zero in March
India’s kerosene subsidy bill in March was zero because of low oil prices, compared to about Rs 100 crore in the previous month and Rs 339 crore in the same month a year ago, two officials familiar with the matter said on condition of anonymity. Oil prices continue to remain weak in the face of…
Bharat Petroleum divestment process begins amid corona virus lockdown
Despite the Covid-19 lockdown, the central government is keeping the ball rolling for divestment of its stake in Bharat Petroleum Corporation (BPCL). The Assam government has given a no-objection certificate (NOC) for the sale of 61.65 per cent BPCL stake in Numaligarh Refinery (NRL). The sale of NRL to a state-run entity is seen as…
Small chance of Iraq strife disrupting oil supplies: Petroleum Ministry
OMCs initiate transfer of Rs 5,606 crore in 7.15 crore PMUY beneficiaries for free LPG cylinder New Delhi: Oil Marketing Companies (OMCs) have initiated the transfer of Rs 5,606 crore in 7.15 crore Pradhan Mantri Ujjwala Yojana (PMUY) beneficiaries for availing a free LPG cylinder in April under the Pradhan Mantri Garib Kalyan Yojana (PMGKY)…