oil marketing companies

April 1, New Delhi: In response to the turbulent times caused by the Iran war and disruptions in oil supply due to the closure of the Strait of Hormuz, India's Ministry of Petroleum and Natural Gas has taken steps to protect domestic airlines from a full surge in fuel prices.The ministry has...

New Delhi, April 1 IndiGo said on Wednesday that the partial increase in ATF prices will help protect domestic air travel costs amid rising fuel costs due to the Middle East conflict.In a statement, the airline said, "we are reviewing the impact of this revised ATF price on April 1 on our...

New Delhi, April 1 SpiceJet Chairman and Managing Director Ajay Singh said on Wednesday that the government's decision to allow only a partial increase in jet fuel prices would be a significant relief for the country's aviation industry at a time of unprecedented global uncertainty.Public...

April 1, New Delhi: The Ministry of Petroleum and Natural Gas clarified that the prices of regular petrol and diesel—the fuels that India relies on—remain unchanged at ₹94.77/litre and ₹87.67/litre in Delhi.With global petroleum prices up by as much as 100% in the last month, Public Sector...

New Delhi, April 1 Civil Aviation Minister K Rammohan Naidu said on Wednesday that the decision by public sector oil marketing companies to implement a partial and staggered increase in jet fuel prices for domestic airlines will help protect passengers from sharp fare hikes.Aviation Turbine...

April 1, New Delhi: Amidst the turbulent times caused by the Iran war and difficulties in oil supply due to the blockage of the Strait of Hormuz, India's Ministry of Petroleum and Natural Gas is attempting to protect domestic airlines from a full surge in fuel prices.The ministry has limited...

Jammu, March 31 Jammu and Kashmir Minister Satish Sharma said on Tuesday that the Union Territory has sufficient stocks of petroleum products and urged the public to ignore rumors."According to the daily stock position reports provided by oil marketing companies (OMCs), the availability of...

The Minister for Food, Civil Supplies and Consumer Affairs, Satish Sharma, today informed the House that the Department is regularly monitoring the availability and distribution of LPG and petroleum products across Jammu and Kashmir. An Akashvani Jammu correspondent reports that the Minister...

New Delhi, March 30 The Reserve Bank should use foreign exchange reserves to stabilize the rupee, which has been affected by the ongoing crisis in the Middle East, according to a research report by SBI on Monday.The rupee breached the 95/USD mark on Monday and closed 7 paise higher at 94.78...

Mizoram Chief Secretary Khilli Ram Meena assured the public that there is an adequate supply of LPG, petrol, and diesel in the state, urging citizens not to panic.On March 29, Aizawl: Following directives from the Ministry of Petroleum & Natural Gas (MoPNG) and a recent high-level meeting...

New Delhi, March 29 – Domestic LPG cylinder supplies are normal across the country, with over 5.5 million refills delivered on Saturday, while another 64,000 free 5 kg cylinders have also been sold, and no shortages have been reported at LPG distribution centers, the Ministry of Petroleum said...

Hyderabad, March 28 Union Coal Minister G Kishan Reddy on Saturday reassured people about the uninterrupted availability of petroleum products, including petrol and diesel, in the wake of military conflict in West Asia and emphasised that there is no cause for panic.Reddy, who chaired a review...

Shillong, March 28 The Food and Civil Supplies and Consumer Affairs Department of the Meghalaya government on Saturday said that the supply of domestic LPG has stabilized in the state after a brief disruption earlier this month.There is no issue with the supply of domestic LPG in the state at...

Chandigarh, March 28 – Prime Minister Narendra Modi has consistently supported his citizens, whether it’s the COVID-19 pandemic or the ongoing West Asia conflict, Chief Minister Nayab Singh Saini said on Saturday.Saini also accused the Congress and other opposition parties of politicizing...

Chandigarh, March 28 Punjab Chief Minister Bhagwant Mann reassured the public on Saturday that there is no need for panic buying of fuel, emphasizing that adequate stock is available."We have sufficient oil stocks, just as we did until recently. Our domestic LPG supply is also ample. I urge...

Chandigarh, March 28 Prime Minister Narendra Modi has consistently supported his fellow citizens, whether it's the COVID pandemic or the ongoing conflict in West Asia, Chief Minister Nayab Singh Saini said on Saturday.Saini also accused the Congress and other opposition parties of politicizing...

New Delhi, March 27 Union Finance Minister Nirmala Sitharaman said on Friday that the Centre's decision to reduce excise duty on petrol and diesel by Rs 10 was aimed at protecting citizens from the impact of rising global crude oil prices, asserting that the government has chosen to absorb the...

Mumbai, March 27 – Maharashtra Chief Minister Devendra Fadnavis on Friday praised the Centre's move to reduce excise duty on petrol and diesel, asserting that it would protect Indian consumers from the fallout of the ongoing Middle East conflict.The Chief Minister described the government's...

New Delhi, March 27 Finance Minister Nirmala Sitharaman said on Friday that there is no proposal to impose a lockdown in the country in the wake of the West Asia war, and asked politicians to refrain from spreading rumors and creating a sense of fear among the people.The minister also said...

New Delhi, March 27 A reduction in excise duty on petrol and diesel by ₹10 per litre, and an increase in export duty on ATF and diesel, will result in a net revenue loss of ₹5,500 crore in two weeks, a top official said on Friday.Chairman of the Central Board of Indirect Taxes and Customs...