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Jubilant FoodWorks, Devyani, other QSR stocks jump as investors cheer commercial LPG rate cut

Jubilant FoodWorks, Devyani, other QSR stocks jump as investors cheer commercial LPG rate cut

Thu, Nov 16, 2023

A host of quick service restaurant (QSR) stocks, including Jubilant FoodWorks (JUBLFOOD), Devyani International (DEVYANI) and Sapphire Foods (SAPPHIRE), rose after state-run oil marketing companies announced a reduction in the retail prices of commercial LPG, or cooking gas, following a sharp increase a fortnight ago.

Commercial LPG prices reduced by up to Rs 57.5/cylinder, effective today

Commercial LPG prices reduced by up to Rs 57.5/cylinder, effective today

Thu, Nov 16, 2023

State-run oil marketing companies reduced the prices of commercial LPG by up to Rs 57.5 per cylinder of 19 kilograms in the four metros, effective November 16.

PM Modi launches projects worth Rs 13,500 crore in Telangana

PM Modi launches projects worth Rs 13,500 crore in Telangana

Sun, Oct 01, 2023

The Prime Minister also dedicated to the nation a road project -- four lanes of 59 km long Suryapet to Khammam section of NH-365BB.

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Are you shifting your residence? Here’s how you can transfer your LPG connection at new address

Are you shifting your residence? Here’s how you can transfer your LPG connection at new address

Fri, Mar 29, 2019

Indian Oil on its website has mentioned, a step-by-step guide which you can follow when you shift your residence.

Want LPG cylinder delivery as per choice? You need follow these guidelines, pay this amount

Want LPG cylinder delivery as per choice? You need follow these guidelines, pay this amount

Fri, Mar 22, 2019

At IOCL, it is known that, normally LPG cylinders are delivered based on your booking in serial order on a first come first serve basis. There are no separate provisions for refill delivery.

LPG gas price hike: Cylinder rates increased by Rs 42.50; even these users must pay extra Rs 2.08

LPG gas price hike: Cylinder rates increased by Rs 42.50; even these users must pay extra Rs 2.08

Fri, Mar 01, 2019

LPG gas price hike: In some unwelcome news for householders, the amount of money they spend in their kitchens is set to rise considerably. LPG gas price latest news has it that the rates of gas cylinders have been hiked.

No Aadhaar? Forget gas cylinder subsidy! Here is how to link LPG with Aadhaar online, via SMS and IVRS

No Aadhaar? Forget gas cylinder subsidy! Here is how to link LPG with Aadhaar online, via SMS and IVRS

Mon, Feb 25, 2019

The procedure to link Aadhaar Card to your LPG connection can be done online, call centres, IVRS (Interactive voice response) SMS and Postal.

PM Narendra Modi to lay foundation stone of India's longest LPG pipeline on Sunday: All you need to know

PM Narendra Modi to lay foundation stone of India's longest LPG pipeline on Sunday: All you need to know

Fri, Feb 22, 2019

This will be the biggest LPG pipeline in the country. GAIL currently operates a 1,415-km line from Jamnagar in Gujarat to Loni near here. The line carries 2.5 million tonne of LPG annually. GAIL also has a 623-km Vizag-Secunderabad pipeline.

How your kitchen fire turned India into world No. 2 after Modi govt boost

How your kitchen fire turned India into world No. 2 after Modi govt boost

Wed, Feb 06, 2019

Yes, your kitchen has a lot to do with making India world number 2 in this critical metric! Modi government's push to provide clean cooking fuel to every household has turned India into the world's second largest LPG consumer!

WPI: Inflation based on wholesale prices fell to a 8-month low of 3.80% in Dec 2018 - Why it happened

WPI: Inflation based on wholesale prices fell to a 8-month low of 3.80% in Dec 2018 - Why it happened

Mon, Jan 14, 2019

Inflation in the 'fuel and power' basket in December slumped to 8.38 per cent, nearly half of 16.28 per cent in November. This was on account of lowering of prices of petrol and diesel through December.

Modi government's New Year gift! 10 mn households to get free LPG connections under Ujjwala scheme

Modi government's New Year gift! 10 mn households to get free LPG connections under Ujjwala scheme

Thu, Dec 20, 2018

With the 2019 Lok Sabha elections approaching fast, the Bharatiya Janata Party-led NDA government is set to hand over 10 million free LPG connections under its ambitious Ujjwala scheme in next four months.

Cost of non-subsided LPG in Delhi to come down by Rs 133 per cylinder

Cost of non-subsided LPG in Delhi to come down by Rs 133 per cylinder

Sat, Dec 01, 2018

The price of non-subsidised LPG cooking gas will be decreased by Rs 133 per cylinder in New Delhi, and that of the subsidised one will reduce by Rs 6.52 per cylinder, effective December 1.

Your subsidised LPG cylinder price has just been cut by Rs 6.5, but it is market rate cylinder that gets this big relief

Your subsidised LPG cylinder price has just been cut by Rs 6.5, but it is market rate cylinder that gets this big relief

Fri, Nov 30, 2018

Domestic cooking gas (LPG) price was cut by Rs 6.52 per cylinder on Friday. Now, a 14.2-kg subsidised LPG cylinder will cost Rs 500.90 in Delhi from Friday midnight. The subsidised LPP cylinder was being sold at a price of Rs 507.42 till now.

Use LPG cylinder at home? Price hiked to Rs 505.34, but there is a silver lining

Use LPG cylinder at home? Price hiked to Rs 505.34, but there is a silver lining

Wed, Oct 31, 2018

LPG cylinder price hike: The rates charged for subsidised cooking gas (LPG) were increased by Rs 2.94 per cylinder on Wednesday, fuel retailer Indian Oil Corporation (IOCL) said in a statement.

Niti Aayog to replace LPG subsidy; see what may be in the offing

Niti Aayog to replace LPG subsidy; see what may be in the offing

Sun, Jul 15, 2018

Government think tank Niti Aayog is working on a proposal to replace LPG subsidy with cooking subsidy in order to extend the benefits to people using piped natural gas and biofuels for cooking purposes, a top official said today

Flyers beware! Airfares set to soar, ATF price hiked by over 7 pct to 4-year high

Flyers beware! Airfares set to soar, ATF price hiked by over 7 pct to 4-year high

Fri, Jun 01, 2018

From petrol, diesel, LPG and now aviation turbine fuel (ATF ) , fuel prices are being raised with no let up time and again by oil companies. Yes, there were minuscule cuts in fuel rates, by a few paise, but the overall trend is upwards

In big shock, LPG cylinder price hiked by Rs 48 even as petrol diesel rates remain at record highs

In big shock, LPG cylinder price hiked by Rs 48 even as petrol diesel rates remain at record highs

Fri, Jun 01, 2018

LPG cylinder price hike: At a time when people are already feeling the pinch of petrol, diesel price hikes, Liquefied Petroleum Gas (LPG) prices for the subsidised and non-subsidised cylinders become dearer by Rs 2.34 and Rs 48, respectively, in Delhi today

Three Oil PSUs to give 70,000 LPG connections in this state on April 20

Three Oil PSUs to give 70,000 LPG connections in this state on April 20

Mon, Apr 16, 2018

"To popularise the use of clean fuel for cooking among the rural population of the country, the Ministry of Petroleum and Natural Gas has decided to celebrate April 20 as Ujjwala Diwas," said Executive Director, Gujarat, Indian Oil Corporation, S S Lamba, at a press meet here today. On that day, around 15,000 'LPG panchayats' will be held across the country under the Pradhan Mantri Ujjwala Yojana (PMUY), Lamba said

IOC to give LPG connections to 6.55 lakh poor families in NE

IOC to give LPG connections to 6.55 lakh poor families in NE

Sat, Apr 14, 2018

Under the programme Gram Swaraj Abhiyan, the company will handover LPG connections to 6.55 lakh families across 6,741 villages in the northeast, including 2.4 lakh new connections in 3,042 villages in Assam, Indian Oil Corporation Chief General Manager Uttiya Bhattacharyya said

Non-subsided LPG cylinder price slashed by Rs 35, jet fuel rate cut too

Non-subsided LPG cylinder price slashed by Rs 35, jet fuel rate cut too

Mon, Apr 02, 2018

Prices of non-subsidised LPG, or cooking gas, have been reduced by Rs 35.50 per cylinder, and that of the subsidised one by a marginal Rs 1.74, according to state-run oil marketing companies, even as public sector Indraprastha Gas Ltd hiked the rates for piped and compressed natural gas (CNG) sup

Free LPG scheme: Big relief to borrowers, loan repayment deferred

Free LPG scheme: Big relief to borrowers, loan repayment deferred

Sat, Mar 24, 2018

Free LPG scheme: Over 3.6 crore poor women have been given free LPG connections since June 2015. While the Rs 1,600 cost of LPG connection is borne by the government, the cost of buying LPG stove and refill (gas cylinder) was to be borne by the beneficiaries. To help poor, oil firms provided interest-free loan to fund the cost of LPG stove and refill to beneficiaries

Expectations for India's 2018-19 budget

Expectations for India's 2018-19 budget

Tue, Jan 30, 2018

India`s government will unveil its budget for the 2018/19 fiscal year on Thursday, with investors expecting increased investment in key areas such as agriculture and a slew of incentives for businesses.

Govt aims to ramp up LPG coverge 95% by FY19

Govt aims to ramp up LPG coverge 95% by FY19

Mon, May 08, 2017

As on March 2017, the total number of LPG connections stood at 19.87 crore, an addition of 3.25 crore new connections over the previous year.

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