New Formula Revision Leads To 10% PNG Prices Reduction In India
In a relief to citizens, the Union Government reduced the price formula for natural gas and CNG. the Union Cabinet approved the new formula as Natural gas produced from legacy old fields will now be linked to crude oil price instead of gas prices in surplus nations such as the US, Canada and Russia. This will chapter the png gas by 10%, for users.
Tags: PNG Gas, Natural Gas, New Prices, Citizens, Union cabinet
Courtesy: NDTV
Gold Rates Hikes In Hyderabad Amid Several Factors
In a difficulty to citizens, gold rates in Hyderabad hiked to a all time high. The hike in prices were reported at the time when the wedding season is knocking the door. As per sources, several factors have contributed to the surge, including the weakness of the US dollar rate and economic uncertainties. Now, 24-carat gold per 10 gram retailed at Rs 61,360, an increase of Rs 1,030.
Tags: Hyderabad Gold, Rate Hike, New Prices, US-India Economic, Wedding Season
Courtesy: Telangana Today
Tata Motors Announces Price Hike For Passenger Vehicles
Tata Motors announced to increased prices of its passenger vehicle range with immediate effect to partially offset the impact of rising input costs. The price increased by 0.55%. which came into effect for consumers, from July 9. The increased price will depend upon the variant and model, as a measure to manage the extreme input costs, for certain models. Notably, Tata Motors recently hiked prices for its commercial vehicles.
Tags: Hike Price, TATA Motors, Passenger Vehicles, input costs, New Prices
Courtesy: Press Trust of India