Monday 31 August 2015
#mehangai news - Petrol price cut by Rs 2/ltr; diesel by Rs 0.50
The Indian ExpressPetrol price cut by Rs 2/ltr; diesel by Rs 0.50The Indian ExpressPetrol price was on Monday cut by Rs 2 per litre and diesel by Rs 0.50 a litre, the third reduction in rates this month on fall in global oil rates. The new rates will be effective midnight tonight, said Indian Oil Corp (IOC), the nation's largest fuel ...Petrol Price Cut by Rs. 2/Litre, Diesel by 50 Paise/LitreNDTVPetrol, diesel prices may be slashed todayZee NewsGovernment cuts petrol price by Rs 2 per litre; diesel by 50 paiseDaily News & AnalysisTimes of India -The Indian Talksall 34 news articles »
#mehangai news - Petrol Price Cut by Rs. 2/Litre, Diesel by 50 Paise/Litre
NDTVPetrol Price Cut by Rs. 2/Litre, Diesel by 50 Paise/LitreNDTV"Since last price change, there has been a decrease in international prices of both petrol and diesel. However, INR-US Dollar exchange rate has depreciated during this period. The impact of both these factors warrants a downward revision in prices, the ...Petrol, diesel prices may be slashed todayZee NewsGovernment cuts petrol price by Rs 2 per litre; diesel by 50 paiseDaily News & AnalysisPetrol Price Slashed by Rs 2 Per Litre, Diesel By 50 PaiseFocus Newsall 21 news articles »
#mehangai news - Petrol, diesel prices may be slashed today
Zee NewsPetrol, diesel prices may be slashed todayZee NewsNew Delhi: The prices of petrol and diesel may be cut down by Monday evening, according to the sources. The price of fuel is expected to be further brought down from September 1, following a sharp drop in prices of crude oil in the international market ...Petrol, diesel prices likely to drop further fromWeb Indiaall 4 news articles »
Sunday 30 August 2015
#mehangai news - Petrol, diesel prices likely to drop further from
Petrol, diesel prices likely to drop further fromWeb IndiaPetrol was made cheaper by Rs 1.27 and diesel by Rs 1.17 per litre in the national capital with commensurate revision in other cities. Average global price of the Indian basket of crude oil has come down further from 50.68 dollar per barrel for ...
#mehangai news - United Petroleum franchisees battle service station giant after businesses seized
United Petroleum franchisees battle service station giant after businesses seizedABC OnlineMr Nijhawan refused to pay the extra cost. As the dispute escalated he said he told United Petroleum he was going to India to try and raise money from relatives. "Until then please do not let the situation worsen," Mr Nijhawan said he told United ...
Friday 28 August 2015
#mehangai news - Delhi govt: More diesel vehicles getting registered
Delhi govt: More diesel vehicles getting registeredTimes of IndiaIn a note submitted to NGT on Tuesday, the Centre had said the share of diesel cars in India peaked in 2013 at 47% and declined thereafter to 37% in 2015. On Thursday, the Delhi government also told that, out of all entry points to Delhi, 13 are ...and more »
Thursday 27 August 2015
#mehangai news - Why British Diesel Drivers Can Rejoice for First Time Since 2001
Why British Diesel Drivers Can Rejoice for First Time Since 2001BloombergThe U.S. is sucking increasing amounts of gasoline from Europe, where consumption of diesel has been lackluster, according to Petromatrix GmbH, an oil-consultant. Meanwhile, diesel prices are being cut as the amount stored by independent companies in ...
Wednesday 26 August 2015
#mehangai news - Oil price falls, but why isn't petrol cheaper?
The Week UKOil price falls, but why isn't petrol cheaper?The Week UKIn the UK major oil companies have largely stepped back from refining oil for fuel and the majority is now undertaken by firms such as Essar, owned by India's billionaire Ruia family, and Ineos, controlled by Switzerland-based petrochemicals tycoon Jim ...and more »
#mehangai news - Crude price decline hurts shale prospects
IndiainfolineCrude price decline hurts shale prospectsBusiness StandardThe fluctuating diesel prices are pushing the case for solar based off-grid solutions replacing diesel in agriculture, commercial sites and telecom towers. At current price of diesel, a unit of power is produced at Rs 15-17 a unit, meanwhile solar is ...Global crude oil price crash increases India's import dependenceEconomic Timesall 10 news articles »
Monday 24 August 2015
#mehangai news - Crude prices at six-and-a-half year low; India might gain over Rs 1 lakh crore
Crude prices at six-and-a-half year low; India might gain over Rs 1 lakh croreBusiness Standard... Oil and Natural Gas Corp (ONGC). The OMCs' underrecoveries came down from Rs 139,869 crore in 2013-14 to Rs 72,314 crore last financial year, thanks to a deregulation of the diesel price and rollout of the direct benefits transfer scheme for LPG ...and more »
#mehangai news - Global crude oil price crash increases India's import dependence
Global crude oil price crash increases India's import dependenceEconomic TimesDuring April-July, India's crude oil production marginally dipped to 12.4 million metric tonnes (MMT) from 12.5 MMT in the corresponding period a year ago. In the same period, crude oil import jumped 6% to 66.3 MMT and petroleum products import climbed ...and more »
Sunday 23 August 2015
#mehangai news - Benefits of lower crude oil prices
Benefits of lower crude oil pricesBusiness StandardLow crude oil prices has given leeway to decontrol the retail price of diesel. In turn, that has induced private refiners like Reliance and Essar to consider re-entry to the domestic retail market. India could, therefore, soon see a more competitive ...and more »
Friday 21 August 2015
#mehangai news - Weak domestic demand prompts India to push diesel overseas
Weak domestic demand prompts India to push diesel overseasPlatts"With passenger car sales continuing on a robust path, light ends demand remains the mainstay for Indian demand growth," Yang said. "Retail price reductions, together with falling interest rates, should continue to keep gasoline demand strong going ...
Thursday 20 August 2015
#mehangai news - Government not to hike excise duty on petrol, diesel
NDTVGovernment not to hike excise duty on petrol, dieselEconomic TimesNow power prices set to be demand driven; will vary throughout the day · Nikon cautions consumers from buying products from online marketplace, dragged to court by Flipkart · Renault-Nissan India begins massive downsizing; 3,000 may face axe at Tamil ...Government Not to Hike Excise Duty on Petrol, Diesel: ReportNDTVall 6 news articles »
#mehangai news - Government not to hike excise duty on petrol and diesel
Daily News & AnalysisGovernment not to hike excise duty on petrol and dieselDaily News & AnalysisThe government had in four installments raised excise duty on petrol and diesel between November and January to take away the reduction in retail rates that was warranted from falling international oil prices. "No. We are not planning to raise excise ...Government not to hike excise duty on petrol, dieselIndia.comall 3 news articles »
#mehangai news - Government not to hike excise duty on petrol, diesel
India.comGovernment not to hike excise duty on petrol, dieselIndia.comNew Delhi, Aug 20 : The government is not planning to raise excise duty on petrol and diesel to mop up gains accruing from oil prices that slumped to six-and- half year low, a top official said today. The government had in four installments raised ...and more »
#mehangai news - Crude prices should be reasonable and responsible, says Dharmendra Pradhan
NDTVCrude prices should be reasonable and responsible, says Dharmendra PradhanEconomic TimesNew Delhi: Seeking reasonable pricing of oil, Petroleum Minister Dharmendra Pradhan today said oil producers should stop charging premium from its Asian buyers and offer better trade terms like selling oil without payment guarantee and on extended ...Global Producers Must Price Oil 'Reasonably': Union Minister Dharmendra PradhanNDTVPradhan wants global producers to price oil 'reasonably'The Statesmanall 12 news articles »
#mehangai news - Indian basket of crude at more than six months low of $47.98 per barrel;
Indian basket of crude at more than six months low of $47.98 per barrel;Business StandardFor Indian refiners — Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum Corp — the declining crude oil prices are a major positive as their working capital requirements would reduce along with lower losses on subsidised sale of petroleum ...and more »
Wednesday 19 August 2015
#mehangai news - India's thirst for petrol supports Asian margins
Moneycontrol.comIndia's thirst for petrol supports Asian marginsMoneycontrol.comIndia has surplus refining capacity, but there has been maintenance at some plants and petrol demand has risen after a cut in diesel subsidies increased the attractiveness of petrol cars. ... At current value, the price-to-book value of the company is ...and more »
#mehangai news - Oil at sub-USD 49 brings fuel price cuts
Oil at sub-USD 49 brings fuel price cutsSME TimesThe Indian basket, made up of 73 percent "sour" grade crude from Oman and Dubai and the balance by "sweet" grade Brent, fell to its lowest of USD 46.59 in January, provoking the Reserve Bank of India to make the first of its interest rate cuts this ...
#mehangai news - India: Petroleum products consumption rises 5.5% in July
India: Petroleum products consumption rises 5.5% in JulyHellenic Shipping News WorldwideIndia ended subsidies on diesel sales in October and since then regular changes in retail prices have narrowed the pricing gap with gasoline, boosting demand for petrol-driven cheaper vehicles. Local diesel sales last month declined to the lowest since ...and more »
#mehangai news - Global crude shock augers well for Indian refiners, oil firms soar
Global crude shock augers well for Indian refiners, oil firms soarFinancial ExpressExperts said the situation for oil companies in India is gradually improving due to deregulation of diesel prices and lower global crude prices. JPMorgan said earnings of Indian oil companies were benefiting from the low interest rates and lower oil ...and more »
Tuesday 18 August 2015
#mehangai news - Petrol prices, Gold imports, Change in tariff value, Production of foodgrains ...
Financial ExpressPetrol prices, Gold imports, Change in tariff value, Production of foodgrains ...Financial ExpressPETROL PRICE. Petrol prices (Graphs: PTI). Gold import (Graphs: PTI). chnage in tariff value. Change in tariff value (Graphs: PTI). foodgrains. India's foodgrain production is estimated to have declined 4.66 per cent to 252.68 million tonnes (MT) in ...and more »
#mehangai news - India's fuel demand rises 5.52% in July
India's fuel demand rises 5.52% in JulyLivemintIndia ended subsidies on diesel sales in October and since then regular changes in retail prices have narrowed the pricing gap with gasoline, boosting demand for petrol-driven cheaper vehicles. Local diesel sales last month declined to the lowest since ...and more »
Monday 17 August 2015
#mehangai news - Here's why petrol, diesel prices may fall further
Business TodayHere's why petrol, diesel prices may fall furtherBusiness TodayState-owned fuel retailers IOC, Bharat Petroleum Corp (BPCL) and Hindustan Petroleum Corp (HPCL) revise petrol and diesel prices on 1st and 16th of every month based on average imported cost and rupee-dollar exchange rate in the previous fortnight. If ...and more »
#mehangai news - India's fuel demand rises 5.52 percent in July
India's fuel demand rises 5.52 percent in JulyBusiness StandardIndia ended subsidies on diesel sales in October and since then regular changes in retail prices have narrowed the pricing gap with gasoline, boosting demand for petrol-driven cheaper vehicles. Local diesel sales last month declined to the lowest since ...and more »
#mehangai news - India's fuel demand rises 5.52 percent in July
ReutersIndia's fuel demand rises 5.52 percent in JulyReutersIndia ended subsidies on diesel sales in October and since then regular changes in retail prices have narrowed the pricing gap with gasoline, boosting demand for petrol-driven cheaper vehicles. Local diesel sales last month declined to the lowest since ...and more »
#mehangai news - Oil at sub-$49 brings fuel price cuts
indiatvnews.com (press release) (blog)Oil at sub-$49 brings fuel price cutsindiatvnews.com (press release) (blog)New Delhi: After having dropped below the psychological $50-a-barrel-mark earlier in the week, the Indian basket of crude oils closed below $49 on its last trading on the eve of Independence Day. State-run Indian Oil Corp followed with an independence ...and more »
#mehangai news - Oil at sub-$49 brings fuel price cuts
Oil at sub-$49 brings fuel price cutsNew KeralaState-run Indian Oil Corp followed with an independence day gift, cutting prices of petrol by Rs.1.27 a litre and of diesel by Rs.1.17, both at Delhi with corresponding reduction in other states. "Since last price change (August 1), there has been a ...and more »
Saturday 15 August 2015
#mehangai news - Petrol, diesel prices cut
Times of IndiaPetrol, diesel prices cutTimes of IndiaNEW DELHI: State-run Indian Oil Corp (IOC) has cut prices of petrol by Rs 1.27 a litre and of diesel by Rs 1.17, effective on Saturday, the oil marketer announced. Calling it an Independence Day gift to consumers, IOC said: "Since last price change ...Petrol price cut by Rs 1.27 per litre; diesel by Rs 1.17The Indian ExpressPetrol price cut by Rs 1.27/litre, diesel by Rs 1.17Zee NewsPetrol prices cut by Rs 1.27/litre; diesel by Rs 1.17, effective midnightEconomic TimesNDTVall 62 news articles »
#mehangai news - Petrol price cut by Rs 1.27 per litre; diesel by Rs 1.17
The Indian ExpressPetrol price cut by Rs 1.27 per litre; diesel by Rs 1.17The Indian ExpressPetrol price was today cut by Rs 1.27 per litre and diesel by Rs 1.17 a litre, the second reduction in rates this month following global cues. The new rates will be effective midnight tonight, said nation's largest oil firm Indian Oil Corp (IOC) in a ...Petrol, diesel prices cutThe HinduPetrol prices cut by Rs 1.27/litre; diesel by Rs 1.17, effective midnightEconomic TimesPetrol Price Cut by Rs. 1.27/Litre, Diesel by Rs. 1.17/LitreNDTVZee Newsall 53 news articles »
#mehangai news - Petrol prices slashed by Rs 1.27/litre; diesel by Rs 1.17
Zee NewsPetrol prices slashed by Rs 1.27/litre; diesel by Rs 1.17Zee NewsLast month, the price of petrol was cut on July 1 by 31 paise per litre and diesel by 71 paise a litre. This was followed by a Rs 2 per litre cut in rates of both petrol and diesel, excluding local sales tax, from July 16 but consumers in Delhi were ...
#mehangai news - Petrol price cut by Rs 1.27 per litre, diesel by Rs 1.17
Times of IndiaPetrol price cut by Rs 1.27 per litre, diesel by Rs 1.17Times of IndiaNEW DELHI: Petrol and diesel prices were revised on Friday. Petrol rates were cut by Rs 1.27 per litre, while diesel was reduced by Rs 1.17 per litre. The revised prices will take effect from the midnight of August 15, 2015 and August 16, 2015, Indian ...Petrol price cut by Rs 1.27/litre, diesel by Rs 1.17Zee NewsPetrol Price Cut by Rs. 1.27/Litre, Diesel by Rs. 1.17/LitreNDTVPetrol Price Slashed By Rs 1.27 Per Litre, Diesel By Rs 1.17Focus Newsall 27 news articles »
Friday 14 August 2015
#mehangai news - Petrol price cut by Rs 1.27/litre, diesel by Rs 1.17
Zee NewsPetrol price cut by Rs 1.27/litre, diesel by Rs 1.17Zee NewsState-owned fuel retailers -- IOC, Bharat Petroleum Corp (BPCL) and Hindustan Petroleum Corp (HPCL) -- revise petrol and diesel prices on 1st and 16th of every month based on average imported cost and rupee-dollar exchange rate in the previous ...Petrol Price Slashed By Rs 1.27 Per Litre, Diesel By Rs 1.17Focus Newsall 14 news articles »
Monday 10 August 2015
#mehangai news - India launches bio diesel programme
LivemintIndia launches bio diesel programmeLivemintPromoting and encouraging Biofuels will not only reduce the import of fossil fuel but also save foreign exchange and emphasise on “Make in India” mission,” the petroleum ministry said in a statement on Monday. However, certain risks relating to the ...and more »
Saturday 8 August 2015
#mehangai news - Six-month low Indian crude basket to shower Rs 88800-cr gains
Six-month low Indian crude basket to shower Rs 88800-cr gainsBusiness StandardThe decline in crude prices is positive for Indian refiners - Indian Oil Corp (IOC), Bharat Petroleum Corp (BPCL) and Hindustan Petroleum Corp (HPCL) - as their working capital requirements would reduce due to lower crude oil and product prices and ...and more »
Friday 7 August 2015
#mehangai news - Int'l fuel prices fall, but no respite for Nepalis
Int'l fuel prices fall, but no respite for NepalisE KantipurKATHMANDU, AUG 07 - International crude oil prices have hit nearly six-year low of $45 a barrel, but Nepal Oil Corporation (NOC) seems reluctant to adjust the fuel prices in line with international prices. NOC's monthly profits from the oil business ...and more »
#mehangai news - Int'l fuel prices fall, but no respite for Nepalis
Kathmandu PostInt'l fuel prices fall, but no respite for NepalisKathmandu PostKATHMANDU, AUG 06 - International crude oil prices have hit nearly six-year low of $45 a barrel, but Nepal Oil Corporation (NOC) seems reluctant to adjust the fuel prices in line with international prices. NOC's monthly profits from the oil business ...and more »
Tuesday 4 August 2015
#mehangai news - Indian Oil, Hindustan Petroleum, Bharat Petroleum may soon let anyone open ...
Indian Oil, Hindustan Petroleum, Bharat Petroleum may soon let anyone open ...Economic TimesThe government is considering a proposal to offer state-run fuel retailers the freedom to allocate dealership to anybody willing, a move that has the potential to revolutionise the sector, curb malpractices, and most importantly arm state companies ...and more »
#mehangai news - With crude on the decline, can consumers expect lower fuel prices?
LivemintWith crude on the decline, can consumers expect lower fuel prices?LivemintHowever, over this period, the price of petrol in India has fallen by a mere 6.83% from Rs.76.51 per litre on 24 June 2014 to Rs.66.67 per litre on 1 July. The price of diesel, which was de-controlled by the government on 18 October, fell 12.29 ...Oil drops for 5th week; US crude in biggest monthly fall since 2008Economic TimesOil drops again to $50 a barrelCanIndia Newsall 823 news articles »
#mehangai news - Fuel growth with domestic demand
Chandigarh TribuneFuel growth with domestic demandChandigarh TribuneFalling inflation, gold prices and petrol prices have boosted the consumer confidence in urban India. In March 2015, RBI's consumer confidence survey, based on a sample of 54,000 households, revealed that 78.3 per cent of respondents said in March 2015 ...and more »
Sunday 2 August 2015
#mehangai news - India reduces petrol, diesel prices; Himachal levies tax to raise them
Hill PostIndia reduces petrol, diesel prices; Himachal levies tax to raise themHill PostShimla: Fall in global crude oil prices has forced the union government to reduce Petrol price by Rs 2.43 and diesel by Rs 3.60 on every liter consumed in the country, but the Himachal Pradesh government here imposed an increase in value added tax (VAT ...and more »
Saturday 1 August 2015
#mehangai news - Petrol Price Cut by Rs. 2.43/Litre, Diesel Cut by Rs. 3.60/Litre
NDTVPetrol Price Cut by Rs. 2.43/Litre, Diesel Cut by Rs. 3.60/LitreNDTVState-owned fuel retailers Indian Oil Corporation (IOC), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corp (HPCL) revise petrol and diesel prices on the 1st and 16th of every month based on average imported cost and rupee-dollar ...Petrol price cut by Rs 2.43 per litre, diesel by Rs 3.60; Petrol in Delhi to ...Financial ExpressPetrol price cut by Rs 2.43 per litre; diesel by Rs 3.60Times of IndiaPetrol prices cut by Rs 2.43 per litre; diesel by Rs 3.60Zee NewsOneindiaall 157 news articles »
#mehangai news - Petrol price cut by Rs 2.43 per litre, diesel by Rs 3.60; Petrol in Delhi to ...
Financial ExpressPetrol price cut by Rs 2.43 per litre, diesel by Rs 3.60; Petrol in Delhi to ...Financial ExpressPetrol in Delhi will cost Rs 64.47 per litre from today instead of Rs 66.90 at present, while a litre of diesel will cost Rs 46.12 as against Rs 49.72 currently, Indian Oil Corp (IOC) said in a statement. (AP) ...Petrol price cut by Rs 2.43 per litre; diesel by Rs 3.60Times of IndiaPetrol prices cut by Rs 2.43 per litre; diesel by Rs 3.60Zee NewsPetrol Price Cut by Rs. 2.43/Litre, Diesel Cut by Rs. 3.60/LitreNDTVOneindiaall 153 news articles »
#mehangai news - Petrol prices cut by Rs 2.43 per litre; diesel by Rs 3.60 effective midnight
NDTVPetrol prices cut by Rs 2.43 per litre; diesel by Rs 3.60 effective midnightEconomic TimesState-owned fuel retailers -- IOC, Bharat Petroleum Corp (BPCL) and Hindustan Petroleum Corp (HPCL) -- revise petrol and diesel prices on 1st and 16th of every month based on average imported cost and rupee-dollar exchange rate in the previous ...Petrol Price Cut by Rs. 2.43/Litre, Diesel Cut by Rs. 3.60/LitreNDTVPetrol price cut by Rs 2.43 per litre; diesel by Rs 3.60Times of IndiaPetrol, diesel prices cut in DelhiThe Hinduall 130 news articles »
#mehangai news - IOC to cut diesel, gasoline prices from Saturday
IOC to cut diesel, gasoline prices from SaturdayYahoo! Maktoob NewsNEW DELHI (Reuters) - Indian Oil Corp will cut the price of diesel by 7.2 percent and that of gasoline by 3.6 percent from Saturday reflecting changes in global price of the two fuels since the last revision. The retail price of diesel will decline by ...and more »
#mehangai news - Petrol price cut by Rs 2.43 per litre, diesel by Rs 3.60
India TodayPetrol price cut by Rs 2.43 per litre, diesel by Rs 3.60India TodayPetrol in Delhi will cost Rs 64.47 per litre from tomorrow instead of Rs 66.90 at present, while a litre of diesel will cost Rs 46.12 as against Rs 49.72 currently, Indian Oil Corp (IOC) said in a statement. Petrol and diesel prices were last cut by Rs ...Petrol prices cut by Rs 2.43 per litre; diesel by Rs 3.60Zee NewsGood News! Petrol prices cut by Rs 2.43 per litre; diesel by Rs 3.60OneindiaPetrol, diesel prices may be cut by up to Rs 4 a litre todayHindustan Timesall 104 news articles »
#mehangai news - Petrol price cut by Rs 2.43 per litre; diesel by Rs 3.60
Times of IndiaPetrol price cut by Rs 2.43 per litre; diesel by Rs 3.60Times of IndiaPetrol in Delhi will now cost Rs 64.47 per litre from Saturday instead of Rs 66.90 at present, while a litre of diesel will cost Rs 46.12 as against Rs 49.72 currently, Indian Oil Corp (IOC) said in a statement. On July 16, the base diesel and petrol ...Petrol prices cut by Rs 2.43 per litre; diesel by Rs 3.60Zee NewsGood News! Petrol prices cut by Rs 2.43 per litre; diesel by Rs 3.60OneindiaPetrol, diesel prices may be cut by up to Rs 4 a litre todayHindustan Timesindiatvnews.com (press release) (blog)all 64 news articles »
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