subsidies

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Aadhaar card not mandatory for availing of subsidies: Govt

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New Delhi: Aadhaar card is not mandatory to avail of subsidies under government schemes including on domestic cooking gas, the government on Friday said in the Rajya Sabha.
"Aadhaar card is not manda

LPG price hiked by Rs 11.42; petrol, diesel rates may go up

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Cooking gas (LPG) price was on Saturday hiked by Rs 11.42 per cylinder following government decision to raise commission paid to the dealers.

Economy teeters at ‘fiscal precipice’, says Kelkar panel

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India is on the edge of a 'fiscal precipice' and should urgently slash fuel, food and fertiliser subsidies to curb a budget deficit that could hit 6.1 per cent of gross domestic product this fiscal year, a government panel warned.

Chidambaram abolishes duty on non-subsidised LPG cylinders

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In marginal relief to consumers, the government on Friday abolished import and excise duties on LPG cylinders they buy beyond the 6 per annum quota of subsidised cooking gas, and asked state governm

Cabinet may discuss fuel price hike on Thursday

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The cabinet headed by Prime Minister Manmohan Singh may discuss raising the prices of heavily subsidised fuels including diesel at a meeting on Thursday and could take a decision, government officials

Govt has no immediate plan to raise fuel price: Reddy

The government has no immediate plan to raise domestic fuel prices, Oil Minister S. Jaipal Reddy said on Friday, adding that it was now up to the cabinet to decide on the thorny issue of reducing heft

Govt may hike fuel prices next week

The government may hike petrol, diesel, cooking gas and kerosene prices simultaneously as early as next week, with Oil Minister S. Jaipal Reddy on Friday saying 'difficult and painful' decisions need to be taken.

RBI stays hawkish, urges govt to trim expenditure

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The Reserve Bank of India (RBI) said on Thursday that fighting inflation remained the cornerstone of its monetary policy, and urged the government to cut expenditure, indicating it was unlikely to act

Diesel price hike likely after presidential polls

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India is likely to raise diesel prices after presidential polls on July 19, an oil ministry source said on Thursday, as the government attempts to cut the amount of money it pays out to keep prices lower.

Hike in diesel prices likely after Prez poll

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Struggling to cope with the burgeoning fiscal deficit, the government on Thursday indicated that tough decisions, including upward revision in diesel prices, are in the offing after the July 19 presid

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