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Business News | Revised Gas Pricing Guidelines Could Cut CNG, Domestic PNG Prices by 9-11 Pc: Crisil Report

Get latest articles and stories on Business at LatestLY. The price of such natural gas shall be 10 per cent of the monthly average of Indian Crude Basket and shall be notified on a monthly basis. Business News | Revised Gas Pricing Guidelines Could Cut CNG, Domestic PNG Prices by 9-11 Pc: Crisil Report. ....

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Revised gas pricing norms could cut domestic CNG, PNG prices by 9-11%: Report

The Union Cabinet on Thursday approved new gas pricing guidelines, paving the way for linking natural gas prices in India to global crude prices.The Cabinet also approved a floor price of $4 per mmBtu and a ceiling of $6.50 per mmBtu under the Administered Price Mechanism. ....

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India's fertilizer subsidy bill may overshoot by Rs 40,000 crore: Crisil

The government s fertilizer subsidy bill could increase by Rs 40,000 crore this financial from the already-announced allocation of Rs 2.15 lakh crore because of the continued surge in the prices of the key raw material - natural gas for manufacturing urea, rating agency CRISIL Ratings said on Thursday. ....

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Fertiliser Subsidy Bill Likely To Increase by Rs40,000 crore on Higher Gas Prices: Report

The Union government s fertiliser subsidy bill could increase by about Rs40,000 crore this fiscal from the already-announced allocation of Rs2.15 lakh crore because of continued surge in the prices of pooled natural gas, ....

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Pricier City Gas To Temper Volume Growth to 8%-10% This Fiscal: Report

The recent hike in natural gas prices by 40% will moderate India s city gas consumption volume growth to 8%-10% this fiscal year versus an earlier projection of 20%-25%, says a research report by CRISIL Ratings. ....

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