Search Results for: non-subsidized cylinders

Indian Rupee Breaches 52-Level to Dollar

The rupee on Thursday breached 52 to the dollar, the highest in over five months, on hopes that an array of economic reforms taken up by the central government would boost the economic growth of the country.

Oct 4, 2012

Stock Market Crosses 19,000 Points on Reform Hopes

The sentiments among investors seem to have improved drastically following several steps taken by the government to revive the sinking economy, as the stock market touched a 15-month high on Thursday. The Sensex gained one percent to above 19,000 points for the first time since July 8, 2011, on hopes for additional fiscal and economic reforms.

Oct 4, 2012

Cap on LPG Fuels Nationwide Rage; Distributors Call for Strike on Oct 1

National Federation of LPG Distributors of India has declared to go on a pan-India strike on Oct 1 against the government's decision on limiting the number of subsidised cylinders to six per family.

Sep 24, 2012

PM Breaks His Silence, Clarifies Fuel Price Hike and FDI in Retail

Prime Minister Dr. Manmohan Singh addressed the nation on Friday night, explaining why his government has taken some important economic policy decisions that include diesel price hike and Foreign Direct Investment (FDI) in retail sectors. The PM's speech came just a day after the National Democratic Alliance (NDA) and other opposition parties called for "Bharat Bandh".

Sep 22, 2012

PM to Justify Economic Reforms on Friday; Brings FDI to Reality

A day after the NDA and other opposition parties observed a nationwide protest against fuel price hike and FDI in multi-brand retail, Prime Minister Manmohan Singh will explain on Friday the government's rationale behind the economic reforms announced last week.

Sep 21, 2012

UPA-II Government Sinking? Congress-Led Govt at the Mercy of SP, BSP

The fallout of the Trinamool Congress (TMC) from the UPA-II government has put the country at the peril of going for an early poll, as the Congress-led government has differences with the political parties that can bail it out from the present crisis.

Sep 19, 2012

Govt Unlikely to Budge on FDI, Diesel Price: Mamata Set to Pull Out TMC Ministers?

West Bengal Chief Minister Mamata Banerjee has taken centre stage on Tuesday with everyone guessing whether she would pull the plug on the Congress-led UPA government over big ticket reforms.

Sep 18, 2012

manmohan-singh-led-government-proposes-second-wave-of-fdi-reforms

FDI in Retail, Diesel Hike: PM’s Take on India’s Big Ticket Reforms

The government shows no signs of relenting to the allies and Opposition demands for the withdrawal of policy initiatives on FDI in retail and diesel price hike, with Prime Minister Manmohan Singh saying that the long-delayed reforms were essential for reviving growth and improving the investment climate in India.

Sep 16, 2012

Govt Hikes Diesel Price by ₹5 to Fight Deficit; Allies Demand Rollback

In an unprecedented move to address the widening fiscal deficit in India, the government on Thursday hiked the diesel price by ₹5 per litre, keeping the price of petrol and kerosene unchanged.

Sep 14, 2012

Fuel Price Hike: Why Diesel, LPG Rates are Likely to Go Up

High diesel subsidies have always been a concern to state-owned oil companies and concerns have now shot up owing to the crippling economic growth, which is incurring record-setting losses to oil suppliers.

Sep 7, 2012

Petrol May get Costlier by ₹3 as Oil Rates Climb

India may soon brace another petrol price hike, with state-owned oil companies putting pressure on the government for an increase in prices given their mounting losses in the wake of steep rise in international crude oil rates.

Aug 24, 2012

Can LG Optimus 4X HD Take on Samsung Galaxy S3?

Smartphones with 4.5-inch above screen display are flooding the market. Most users find any screen size more than 4.3-inch is too big and uncomfortable to hold in their hands but nobody complaints bulky size of Samsung Galaxy S3 due to its light weight and thinness. Even the new LG Optimus seems to be playing along similar lines.

Jul 7, 2012

Apollo Hospitals Group Wins G20 Challenge Award

India's Apollo Hospitals Group won the G20 Challenge on Inclusive Business Innovation, a competition launched by the Group of 20 and International Finance Corporation (IFC), at a ceremony hosted in Mexico.

Jun 21, 2012

Diesel Cars May Turn Costlier, Special Tax of ₹255,000 On Cards

Oil Minister S Jaipal Reddy recommended a hike in excise duty to be imposed on diesel-based vehicles. The proposed levies, it is said, will be as steep as INR 255,000 for sedans and sports or multi utility vehicles, while smaller vehicles will be slapped with an excise tax of INR 170,000.

Jun 13, 2012

a-gas-nozzle-is-used-to-pump-petrol-at-a-station

Petrol Price Hike: 5 things to Watch Out For

The announcement of the government to hike petrol price by Rs 7.50 per litre, which will come into effect on Thursday, has not gone down too well with the public and government allies. The Bharatiya Janata Party (BJP) is even planning a nation-wide bandh to demand immediate rollback of the petrol price hike.

May 24, 2012

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