LPG losses set to shrink on price
The Daily Guardian
|April 10, 2025
The report estimated that losses on LPG will fall to Rs 160 per cylinder in May 2025, and further reduce to just Rs 60 per cylinder by the second quarter of the financial year 2025-26.
Oil marketing companies (OMCs) are likely to reduce losses on selling domestic LPG cylinders over the next few months due to the recent LPG price hike and falling international fuel prices, according to a report by Antique Stock Broking.
The government has increased the prices of LPG cylinders by Rs 50 from April. It has also raised excise duty on petrol and diesel by Rs 2 per litre.
According to the report, the LPG price hike is clearly aimed at covering the under-recoveries, or losses which OMCs are facing while selling LPG cylinders below the cost. These under-recoveries were becoming a financial burden.
Cette histoire est tirée de l'édition April 10, 2025 de The Daily Guardian.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE The Daily Guardian
The Daily Guardian
Elderly couple found murdered in East Delhi; Robbery suspected
An elderly couple was found murdered at their residence in east Delhi's Shahdara area early Sunday, with police suspecting robbery as a possible motive, officials said.
1 mins
January 05, 2026
The Daily Guardian
NGOs ramp up rescue, medical outreach for vulnerable amid severe cold
From late-night rescue drives and distribution of sleeping bags to the homeless, to medical care for elderly people enduring joint ache, NGOs in Delhi have stepped up coordinated efforts to protect vulnerable residents as severe cold conditions persist in the capital.
1 min
January 05, 2026
The Daily Guardian
Fast Food, Fast Packaging: The Plastic Chemicals Riding Along With Your Meal
When people say a burger or fries are “loaded with plastic chemicals,” they usually don't mean someone mixed plastic into the recipe.
1 mins
January 05, 2026
The Daily Guardian
UNDERSTANDING MENTAL CHAOS-PEACE FOR A CLOUDED MIND
In today’s fast-paced world, it’s easy to feel mentally overwhelmed.
2 mins
January 05, 2026
The Daily Guardian
Pakistan's economic growth figures under sharp scrutiny
Pakistan's reported 3.7% economic growth for the first quarter of the current fiscal year has come under sharp scrutiny, with an independent think tank dismissing the figure as a paper-based outcome driven by flawed methodology rather than real economic expansion, as reported by The Express Tribune.
1 mins
January 05, 2026
The Daily Guardian
Amit Shah predicts NDA victory in Tamil Nadu in 2026
Union Home Minister Amit Shah on Sunday asserted that a political shift is underway in Tamil Nadu ahead of the April 2026 Assembly elections, declaring that the National Democratic Alliance would defeat the ruling Dravida Munnetra Kazhagam and the Indian National Congress.
1 min
January 05, 2026
The Daily Guardian
Alia Bhatt's New Year 2026 post with Ranbir, Raha
Bollywood couple Alia Bhatt and Ranbir Kapoor rang in the New Year with family, giving fans a glimpse into their holiday time.
1 min
January 05, 2026
The Daily Guardian
AQI remains ‘Poor’ at 248, breathing discomfort persists
Delhi's air quality continued to remain in the ‘poor’ category on Sunday, with the national capital recording an overall Air Quality Index (AQI) of 248, according to data from the Central Pollution Control Board (CPCB).
1 mins
January 05, 2026
The Daily Guardian
Bengal: 68-year-old man dies post SIR hearing; TMC blames EC, BJP
A 68-year-old man, who had appeared for SIR hearing with a cannula inserted in his nose after being discharged from a hospital, died in Kolkata, triggering a political storm, with the TMC blaming anxiety over voter-roll revision as the cause of his death and the BJP dismissing the charge as “drama”.
1 mins
January 05, 2026
The Daily Guardian
Ankita murder case: Oppn parties protest, demand CBI probe
Opposition parties in Uttarakhand staged a protest and demanded a CBI probe into the Ankita Bhandari murder case on Sunday, a day after police said that no “VIP” was found involved in the case.
2 mins
January 05, 2026
Listen
Translate
Change font size