LPG subsidy for Ujjwala beneficiaries hiked to Rs 300; move to benefit 9.6 crore families

The government on Wednesday raised the subsidy provided to poor women, who got free cooking gas connections under the Ujjwala Yojana, to Rs 300 per cylinder as it looked to blunt opposition criticism of high fuel prices. The Cabinet Committee on Economic Affairs raised the subsidy from Rs 200 per 14.2-kg cylinders for up to […]

Vedanta to demerge business into six separate listed firms

Mining magnate Anil Agarwal’s conglomerate on Friday announced a major business shake-up, with flagship Vedanta Ltd approving a spin-off of its metals, power, aluminium and oil and gas businesses into separate listed entities and an overhaul of lucrative zinc unit planned as part of value creation and reducing debt load. The company’s Board approved six […]

India’s first green hydrogen-run bus that emits just water unveiled

India’s top oil firm IOC on Monday unveiled the nation’s first green hydrogen-powered bus that emits just water as it takes the lead in bringing out unrivalled tools to replace fossil fuels. Indian Oil Corporation (IOC) will produce close to 75 kg of hydrogen by splitting water using electricity from renewable sources. This hydrogen will […]

Reduce VAT on petrol, diesel, says PCC chief Amrinder Singh Raja Warring

Punjab Congress president Amarinder Singh Raja Warring today demanded a reduction in power tariff for industries and factories in Punjab to support the traders and industrialists, who were exploring ways to invest elsewhere in the country in the dearth of facilities in the state. The PCC president asked CM Bhagwant Mann to reduce VAT on […]