The compensation to oil marketing companies will be paid in 12 tranches
PM Narendra Modi's cabinet approved Rs 12,000 crore subsidy for Pradhan Mantri Ujjwala Yojana consumers for 2025-26.
The distribution of the compensation in 12 tranches will be done by the Ministry of Petroleum and Natural Gas
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The distribution of the compensation within the OMCs will be done by the Ministry of Petroleum and Natural Gas. The compensation will be paid in 12 tranches, a Cabinet communique said.
A sudden stop would hit India’s energy security, disrupt global refining, inflate shipping costs, and squeeze already tight fuel markets
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This article is authored by Rajeev Agarwal (retd), senior research consultant, CRF, Chintan Research Foundation, New Delhi.
The government approved a Rs 30,000 crore package for oil companies. This offsets losses from selling LPG below cost. Indian Oil Corporation, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation will receive the funds. The ...more
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2025 Hyundai Venue: Hyundai is gearing up to launch a new model in India on October 24, 2025. However, the company hasn’t officially confirmed the name of the vehicle yet, but it is speculated to be the next-generation Hyundai Venue.
Around 30% of passengers travel between India and Malaysia, while 70% connect onward to countries in South East Asia, China, Australia and New Zealand.
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NTPC, Titan, Trent, ITC and Bajaj Finserv were the gainers
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