Three major PSU oil cos announced they would be distributing 70,000 LPG connections in the state on Apr 20 to households living Below Poverty Line.
The price of subsidised LPG was last raised by Rs 4.50 per cylinder on Nov 1 to Rs 495.69, according to a price notification issued by state-owned firms.
South Africa wants the national oil companies of BRICS to help build a new 400,000 barrel per day refinery that will be structured by senior debt and equity.
The CEOs of top global and Indian companies suggested that private and foreign firms be given stake in ONGC's producing fields like Mumbai High.
Narendra Modi brainstormed with CEOs of top global and Indian companies, including BP of the UK, Russia's Rosneft, Saudi Aramco on ways to revive investment in oil.
The government has ordered state-run oil companies to raise subsidised cooking gas (LPG) prices by Rs 4 per cylinder every month to eliminate all the subsidies by March.
Royal Dutch Shell plc, Chevron Corp and Exxon Mobil Corp signaled the oil industry's return to the Gulf of Mexico's deep waters with high bids in a government auction.
On July 1, kerosene price was hiked by 25 paise a litre, the first increase in rate of the highly subsidised cooking and lighting fuel in five years.
The proposed policy change assumes importance as it may boost the overall output of oil companies.
HDFC BANK Q4 REVIEW
PAT at Rs 4799 Cr vs Rs 3990 Cr, up 20.2%
NII at Rs 10,658 Cr vs Rs 9,055 Cr, up 17.7%
Net Interest Margin at 4.3%
Other Income at Rs 4229 Cr vs Rs 3446 Cr, Up 22.7%
Operating Profit at Rs 8835 Cr vs Rs 7279 Cr, up 21.3%
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