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Government cuts fuel excise duty and signals fiscal caution as global oil prices rise amid West Asia tensions.

&nbsp;

Govt ‘on its toes’ to manage fiscal deficit, shield consumers from oil shock: Sitharaman

Despite concerns around LPG supply, there have been no reports of dry-outs of gas supply at LPG distributorships across India, Sujata Sharma, Joint Secretary, Ministry of Petroleum and Natural Gas, said in the inter-ministerial press briefing.

No dry out at fuel pumps, LPG distributorships in India, says government

Rising geopolitical tensions and the ongoing conflict in West Asia are beginning to impact everyday expenses in India, including cooking fuel, airline travel and products linked to crude oil. The surge in global energy prices following the conflict has increased the cost of cooking gas and aviation fuel, while also raising input costs for industries that depend on crude oil derivatives. The impact is gradually being felt by both households and businesses.

Iran-Israel War: Why a conflict 3,000 km away may inflate your kitchen bill, airfares and even paint costs

The government has announced rationing of natural gas after liquefied natural gas (LNG) supplies were disrupted amid the ongoing conflict in the Middle East. Under the new order issued by the Ministry of Petroleum and Natural Gas, priority sectors such as domestic PNG, CNG, fertiliser plants and LPG production will receive higher allocation, while supplies to non-priority industries will be curtailed to ensure households and essential sectors do not face shortages.

Natural Gas rationing begins from March 9: Will PNG, CNG and LPG supply to households be affected?

The market regulator Sebi has asked mutual fund investors to ensure that their PAN card and Mutual fund folio have the same name with correct spelling.

From commercial LPG price cut to mutual funds KYC guidelines: Check out key financial changes in May

Oil and gas stocks were a mixed bag after the government revised the windfall tax on domestically produced crude oil.

Govt ups windfall tax on domestic crude, revises commercial LPG, jet fuel rates; here is how related stocks are performing

As the new financial year starts from today, April 1, the Petroleum and oil marketing companies have revised the prices of 19 kg Commercial LPG cylinder by Rs 91.50. However, the reduction of rates is only for commercial gas cylinder users. There has been no revision of price for domestic LPG gas customers.

LPG Cylinder Rates Revised: Cooking Gas Gets Cheaper By Rs 92

LPG cylinder price update:&nbsp;The commercial LPG prices were last changed in the month of November. OMCs had cut the commercial cooking gas price by Rs 115.50.&nbsp;

LPG cylinder price update: No change in prices! Check latest rates in Delhi, Kolkata, Mumbai, Chennai 

Price of 19-kg commercial cooking gas (LPG) has been raised by Rs 102.50 per cylinder as global energy prices continue to gain, news agency ANI reported on Sunday. This is the third hike in commercial LPG prices in three months.

Commercial LPG price raised by Rs 102.5 per cylinder; price in Delhi to be Rs 2355.5

commercial-lpg

Government cuts fuel excise duty and signals fiscal caution as global oil prices rise amid West Asia tensions.
 

Despite concerns around LPG supply, there have been no reports of dry-outs of gas supply at LPG distributorships across India, Sujata Sharma, Joint Secretary, Ministry of Petroleum and Natural Gas, said in the inter-ministerial press briefing.

Rising geopolitical tensions and the ongoing conflict in West Asia are beginning to impact everyday expenses in India, including cooking fuel, airline travel and products linked to crude oil. The surge in global energy prices following the conflict has increased the cost of cooking gas and aviation fuel, while also raising input costs for industries that depend on crude oil derivatives. The impact is gradually being felt by both households and businesses.

The government has announced rationing of natural gas after liquefied natural gas (LNG) supplies were disrupted amid the ongoing conflict in the Middle East. Under the new order issued by the Ministry of Petroleum and Natural Gas, priority sectors such as domestic PNG, CNG, fertiliser plants and LPG production will receive higher allocation, while supplies to non-priority industries will be curtailed to ensure households and essential sectors do not face shortages.

The market regulator Sebi has asked mutual fund investors to ensure that their PAN card and Mutual fund folio have the same name with correct spelling.

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Commercial LPG

Govt ‘on its toes’ to manage fiscal deficit, shield consumers from oil shock: Sitharaman

No dry out at fuel pumps, LPG distributorships in India, says government

Iran-Israel War: Why a conflict 3,000 km away may inflate your kitchen bill, airfares and even paint costs

Natural Gas rationing begins from March 9: Will PNG, CNG and LPG supply to households be affected?

From commercial LPG price cut to mutual funds KYC guidelines: Check out key financial changes in May

Govt ups windfall tax on domestic crude, revises commercial LPG, jet fuel rates; here is how related stocks are performing

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