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Six-cylinder annual LPG cap under review: Veerappa Moily

-The Times of India The government is looking into demands for raising the six-cylinder annual cap on supply of subsidized cooking gas refills to each family, oil minister M Veerappa Moily told the Lok Sabha in a written reply on Friday. Separately, minister of state for petroleum Panabaaka Lakshmi told the House that state-run fuel retailers have issued more than 10 lakh new cooking gas connections since the government capped the supply...

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30,000 surrender 2nd gas connection in a week -Sanjay Dutta

-The Times of India After much confusion and protests, new cooking gas norms for weeding out duplicate and bogus connections appear to be finally working. Over 30,000 Indane customers alone surrendered their second connections last week, a senior oil ministry official told TOI on Monday. The official estimated the total number of customers who have surrendered connections in the region of over 50,000, considering that Indane - marketed by IndianOil - covers...

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Oil Cos Resume Issuing Subsidised LPG Connections

-Outlook After a few weeks of hiatus, state-owned oil companies have resumed issuing new subsidised cooking gas (LPG) connections, beginning with North Eastern states. In September, issue of new LPG connections had been put on hold pending a massive nationwide exercise to eliminate users having multiple connections at the same address. The three oil PSUs have now started releasing new LPG connections in Meghalaya, Sikkim, Nagaland and Andaman & Nicobar Islands, said Indian...

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Pro-reform push in Congress show of strength today

-The Times of India Congress will hold a massive rally on Sunday to defend its decision to allow FDI in multi-brand retail, in what will showcase government's new assertiveness on reforms and the backing extended by the Congress brass in the face of populist criticism that giant retailers will harm farmers' interests and pop and mom stores. The party has, especially its units in Delhi and neighbouring Haryana, have pulled out all...

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LPG price hike, rollback within hours

-The Times of India Within hours of raising cooking gas prices, the government late on Thursday asked oil marketing companies to put on hold the Rs 26.50 hike, calling into question the seriousness of the deregulation plan and casting a doubt over the UPA's commitment to fiscal reforms. The U-turn came after a volley of protests by the opposition and days before Himachal Pradesh goes to polls, with Gujarat elections to follow....

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