Natural gas to cost more as govt raises price cap after 2 years, jury out on CNG hike

The government has raised the price cap on natural gas from legacy fields, resulting in a 4% increase in effective prices from April 1. This change affects state-run ONGC and Oil India Ltd., with notable implications for city gas operators and consuming industries, although government subsidies will protect fertilizer units.Original Article

Related posts

‘Because matter became public?’: Priyank Kharge gets Centre’s nod for US visit; he responds with ‘U-turn’ jibe

‘Disturbing departure from moral and diplomatic traditions’: Sonia Gandhi slams governments’ silence on Gaza and Iran conflict; calls it ‘surrender of values’

Bihar elections: CM Nitish Kumar hikes pension scheme to Rs 1100; move to benefit over 1 crore in state