-The Economic Times The government's decision to cap supply of subsidised cooking gas cylinders to six a year would be difficult to implement and encourage black marketing, oil industry officials said.   There could be an opportunity to divert cheaper cylinders from customers whose yearly consumption is less than six refills, industry officials said. According to the oil ministry 44% of consumers take six cylinders or less in a year. All India LPG Distributors...

-The Times of India The finance ministry has ordered a scrutiny of the books of oil marketing companies to see if the under-recoveries stated by them are in order or not. The move was initiated at the behest of finance minister P Chidamabram, who asked his officers to look into the issue even before diesel prices were raised and a cap on subsidized cooking gas cylinders was announced last week. The exercise...

-The Hindu Business Line Threaten to stop deliveries if system not in place by month-end The Government may have to take some quick decisions if it wants smooth delivery of domestic LPG cylinders. The All India LPG Distributors’ Federation today said that if the Government and the oil marketing companies fail to come up with a proper enforcement mechanism by the month-end, then effective October 1, the distributors would be left with no...

-The Business Standard Gas cylinder cap has lessons for the future  Of all the decisions that the United Progressive Alliance government took last week to end a long period of policy paralysis, the one that has caused the least provocation to opposition political parties is the annual capping of the supply of subsidised cooking gas cylinders. This is surprising, as its net effect on a householder’s annual budget will likely be substantial....

-The Times of India For the first time in the history of Indian automobiles, cumulative sales of utility vehicles (UVs) have overtaken those of sedans - all three-box cars, from the entry-level to the super-luxury segment - in the first five months of the fiscal year 2012-13. New launches such as the Mahindra XUV500, Maruti's Ertiga and Renault's Duster pulled in buyers still looking to benefit from the huge price differential...