Sunday 31 January 2016
Saturday 30 January 2016
#mehangai news - Petrol Price Rises By Re 1/Litre, Diesel Rs 1.50 As Govt…
News World IndiaPetrol Price Rises By Re 1/Litre, Diesel Rs 1.50 As Govt…News World IndiaAhead of the Budget, government on Saturday hiked the excise duty on petrol by Re 1 per litre and Rs 1.50 on diesel, the third increase this month, to mop up over Rs 3,200 crore in additional revenue, netting in all Rs 17,000 crore in three months. The ...Third excise duty hike on petrol by Re 1/litre, on diesel by Rs 1.5 in JanuaryDaily News & AnalysisGovt hikes excise duty on diesel by Rs 1.5 per litre, on petrol by Re 1Zee NewsPM Nawaz announces Rs5 cut in price of petrol, dieselDaily PakistanPakistan Observerall 35 news articles »
Friday 29 January 2016
#mehangai news - Why have Indian consumers not benefited from cheap crude oil ?
Moneycontrol.comWhy have Indian consumers not benefited from cheap crude oil ?Moneycontrol.comCrude oil prices have slumped from US$110/barrel in Feb 2014 to a 12 year low of nearly US$28/barrel today – a fall of nearly 75%. Compared to this, the price of retail petrol price in Delhi has changed from INR73.1/litre to INR60.04/litre during the ...and more »
#mehangai news - Fuel prices may be slashed by 17%
The Express TribuneFuel prices may be slashed by 17%The Express Tribune“Petrol price in Pakistan is Rs76 as compared to 96 and 125 in India and Bangladesh respectively,” he pointed out. Since prices began to fall in the international market, he said, the government had passed it on to consumers, slashing fuel prices by as ...OGRA recommends Rs 7.56 cut in petrol prices but Rs 5 reduction likelyPakistan Todayall 9 news articles »
Thursday 28 January 2016
#mehangai news - Govt Plans To Free Up Gasoline, Diesel Prices: Minister
Geo News, PakistanGovt Plans To Free Up Gasoline, Diesel Prices: MinisterGeo News, PakistanThe global price of Brent oil is currently around $30 per barrel, not far from 13-year lows. Most of the countries, including neighbouring India have deregulated gasoline and diesel prices and linked domestic pricing to global levels. Abbasi said ...and more »
#mehangai news - Petrol prices back to 2003?
Petrol prices back to 2003?Gateway House: Indian Council on Global RelationsThe common Indian complaint is that, despite a global trend of falling crude oil prices, the price of petrol has not reduced. However, if the dollar price is examined with the price of oil, it becomes clear that Indians are paying less for fuel now ...
#mehangai news - Govt plans to free up gasoline, diesel prices: minister
The News InternationalGovt plans to free up gasoline, diesel prices: ministerThe News InternationalMost of the countries, including neighbouring India have deregulated gasoline and diesel prices and linked domestic pricing to global levels. Abbasi said Pakistan's energy sector was growing substantially offering players with several opportunities to ...
Saturday 23 January 2016
#mehangai news - When crude prices slumps, taxes on petrol-diesel unjustified, say experts
NDTVWhen crude prices slumps, taxes on petrol-diesel unjustified, say expertsTimes of IndiaAs per the notification, additional value added tax (VAT) of one rupee each has been levied on petrol and diesel with immediate effect. While the ruling BJP justifies the stand saying extra fund can cushion the impact when prices rise, critics see ...Government may further hike excise on petrol, diesel before BudgetEconomic TimesExcise Duty Hike on Petrol, Diesel in the Offing Before BudgetNDTVall 22 news articles »
#mehangai news - Government may further hike excise on petrol, diesel before Budget
Daily News & AnalysisGovernment may further hike excise on petrol, diesel before BudgetEconomic TimesGovernment may further hike excise on petrol, diesel before Budget. By PTI | 22 Jan, 2016, 03.49PM IST. Post a ... "Falling crude oil price provide us a headroom for increasing excise duty on petrol and diesel. It will help in meeting fiscal deficit ...Govt may further hike excise on petrol, diesel before Budget 2016Daily News & AnalysisGovt may further hike excise on petrol, diesel before BudgetBusiness Standard (press release) (registration) (blog)all 15 news articles »
Thursday 21 January 2016
#mehangai news - Exploring trends of petrol and diesel prices in India, Pakistan
Daily News & AnalysisExploring trends of petrol and diesel prices in India, PakistanThe News InternationalTriggered by a surge in sales tax or the Value Added Tax (VAT) from 25 per cent to 27 per cent, the petrol price in the Indian capital of New Delhi has been increased by 96 paisa per litre to rest at Rs 59.99 per litre as against Rs59.03 a litre ...BJP, Congress demand Delhi government rollback of raised VAT on petrol, dieselDaily News & AnalysisBJP, Cong Demand Rollback of Raised VAT on Petrol, DieselOutlook Indiaall 9 news articles »
Tuesday 19 January 2016
#mehangai news - Petrol, diesel prices hiked after VAT increase in Delhi
India TodayPetrol, diesel prices hiked after VAT increase in DelhiIndia TodayPetrol price in Delhi was today hiked by 96 paise per litre and diesel by 53 paise after the state government raised VAT or local sales tax on the two fuels. The Delhi government last night raised VAT on petrol to 27 per cent from 25 per cent ...Boost to consumption from low oil prices fast disappearingLivemintPetrol price rises by 96 paise per litre, diesel up by 53 paise per litre in DelhiIBNLivePetrol price rises by 96 paise/litre; diesel up 53 paiseDaily News & AnalysisHimalayan Times -Kuensel, Buhutan's National Newspaperall 32 news articles »
#mehangai news - Petrol price rises by 96 paise/litre; diesel up 53 paise
Zee NewsPetrol price rises by 96 paise/litre; diesel up 53 paiseZee NewsSimilarly, the VAT on diesel was increased from 16.6 percent to 18 percent. A pollution cess of Rs 0.25 per litre is also levied on diesel. Petrol now costs Rs 59.99 per litre as against Rs 59.03 a litre previously. A litre of diesel now costs Rs 44.71 ...Nepal Oil Corporation slashes prices of petrol, diesel, ATFHimalayan TimesPetrol, Diesel Get Costlier in Delhi on Tax HikeNDTVIOC cuts Petrol price by 32 paise, diesel by 85 paiseMint Market InfoReview Nepal News -Team-BHPall 22 news articles »
#mehangai news - Petrol price rises by 96 paise per litre, diesel up by 53 paise per litre in Delhi
IBNLivePetrol price rises by 96 paise per litre, diesel up by 53 paise per litre in DelhiIBNLiveNew Delhi: Petrol price in Delhi was on Tuesday hiked by 96 paise per litre and diesel by 53 paise after the state government raised VAT or local sales tax on the two fuels. The Delhi government on Monday night raised VAT on petrol to 27 per cent from ...Nepal Oil Corporation slashes prices of petrol, diesel, ATFHimalayan TimesIOC cuts Petrol price by 32 paise, diesel by 85 paiseMint Market InfoPetrol, Diesel Get Costlier in Delhi on Tax HikeNDTVReview Nepal News -Team-BHPall 19 news articles »
#mehangai news - Government not letting petrol prices fall, it's pocketing crude gains: Shankar ...
Government not letting petrol prices fall, it's pocketing crude gains: Shankar ...Economic TimesNEW DELHI: Stating that demand rival is essential for growth, Shankar Sharma on Tuesday blamed the government for not letting petrol prices in India fall. "Government is pocketing crude gains currently. We would have seen demand revival if the ...
#mehangai news - Nepal Oil Corporation slashes prices of petrol, diesel, ATF
Himalayan TimesNepal Oil Corporation slashes prices of petrol, diesel, ATFHimalayan TimesAs NOC relied on the airlifted ATF to provide refuelling facility to the domestic airlines, it had set price of ATF at Rs 232.78 per litre. With the supply of fuel starting to rise from all the check points with India, except Birgunj, NOC today decided ...IOC cuts Petrol price by 32 paise, diesel by 85 paiseMint Market InfoPetrol and diesel prices slashed on January 16, 2016Team-BHPPrice of petrol and diesel slash in Nepali marketReview Nepal Newsall 16 news articles »
#mehangai news - Will fuel price drop further?
Will fuel price drop further?Kuensel, Buhutan's National NewspaperIn the last two months, there have been four reductions in fuel prices, resulting in drop of petrol price by Nu 1.7 a liter and diesel by Nu 2.4 a liter. But this was simultaneously followed by two excise duty hikes in India. This withheld around Nu 1 ...and more »
Monday 18 January 2016
#mehangai news - Petrol and diesel prices slashed on January 16, 2016 - Team
Team-BHPPetrol and diesel prices slashed on January 16, 2016Team-BHPThe prices of petrol and diesel have been reduced in India from the midnight of January 16, 2016. In Delhi, petrol is now priced at Rs. 59.03 per litre, 32 paise down from the earlier price of Rs. 59.35 per litre. Diesel has seen a drop of 85 paise per ...Oil E&P stocks decline on slump in crude oil priceBusiness StandardIOC cuts Petrol price by 32 paise, diesel by 85 paiseMint Market Infoall 6 news articles »
#mehangai news - IOC cuts Petrol price by 32 paise, diesel by 85 paise
Team-BHPIOC cuts Petrol price by 32 paise, diesel by 85 paiseMint Market InfoState-owned Indian Oil Corporation (IOC) has reduced Petrol prices by 32 paise per litre and Diesel prices by 85 paise per litre with effect from the midnight of January 15/ January 16, 2016. The price of petrol in Delhi has become Rs 59.03 a litre ...Market may open lowerBusiness StandardPetrol and diesel prices slashed on January 16, 2016Team-BHPall 5 news articles »
#mehangai news - PSU OMCs in focus after reduction in fuel price
PSU OMCs in focus after reduction in fuel priceBusiness StandardShares of state-run oil marketing companies (PSU OMCs) will be in focus after Indian Oil Corporation (IOCL) announced a reduction in petrol price by 32 paise per litre and diesel by 85 paise a litre with effect from Saturday, 16 January 2016. Petrol in ...and more »
#mehangai news - PSU OMCs in focus after reduction in fuel price
PSU OMCs in focus after reduction in fuel priceBusiness Standard (press release) (registration) (blog)Shares of state-run oil marketing companies (PSU OMCs) will be in focus after Indian Oil Corporation (IOCL) announced a reduction in petrol price by 32 paise per litre and diesel by 85 paise a litre with effect from Saturday, 16 January 2016. Petrol in ...and more »
#mehangai news - Just Ask Us: Why is diesel fuel more expensive than gasoline?
Madison.comJust Ask Us: Why is diesel fuel more expensive than gasoline?Madison.comQ If diesel fuel is less refined, then why is it always more expensive to buy than regular gasoline? A In recent years, the demand for diesel fuel has risen in the United States, China, Europe, and India which has affected the prices, according to the ...
Saturday 16 January 2016
#mehangai news - Dewan criticizes Government for the high fuel prices
Dewan criticizes Government for the high fuel pricesTimes of IndiaDewan also pointed out the difference between price of petrol, old age pension, cable TV, sand, bus fare, electricity and vehicle registration in Punjab as compared to Haryana. He added that both the governments have equal natural resources and both ...
#mehangai news - Petrol becomes cheaper by 32 paise, diesel by 85 paise/litre
The Indian ExpressPetrol becomes cheaper by 32 paise, diesel by 85 paise/litreThe Indian Expresspetrol price, petrol, petrol price hike, diesel, diesel price, vat, Petrol in Delhi will cost Rs 59.03 per litre with effect from midnight tonight as against Rs 59.35 per litre currently. Petrol price was on Friday cut by 32 paise a litre and diesel's ...
#mehangai news - Govt giving a penny, extracting a pound: Congress on petrol, diesel prices
Daily News & AnalysisGovt giving a penny, extracting a pound: Congress on petrol, diesel pricesDaily News & Analysis"The government, going by the price it is paying for international crude oil, should be selling petrol at Rs 19.40 per litre instead of Rs 59.03 per litre and diesel at Rs 15.71 per litre instead of Rs 44.18 per litre," Congress Chief Spokesperson ...and more »
#mehangai news - Govt Giving a Penny, Extracting a Pound: Cong on Petrol Prices
Daily News & AnalysisGovt Giving a Penny, Extracting a Pound: Cong on Petrol PricesOutlook India"Profiteering at the cost of the common hapless consumer- farmer-commuter, the government has reduced the prices of diesel and petrol by a few paise today and has diabolically increased excise on petrol and diesel for the 8th consecutive time," he said.Govt giving a penny, extracting a pound: Congress on petrol, diesel pricesDaily News & Analysisall 7 news articles »
#mehangai news - Home National Global crude oil prices sink to new low, but India cuts fuel ...
Autocar ProfessionalHome National Global crude oil prices sink to new low, but India cuts fuel ...Autocar ProfessionalThe government-owned oil marketing companies have effected the mandatory mid-month fuel price change but motorists in India have little to cheer about. From the midnight of January 15-16, the retail price of petrol has been cut by a meagre 32 paise a ...Iran tankers set to target India, Europe as clock ticks down on sanctionsLivemintOil refiners thrive amid rout in Brent crude marketThe Australian Financial Reviewall 3,288 news articles »
Friday 15 January 2016
#mehangai news - Government Giving A Penny, Extracting A Pound: Congress On Petrol, Diesel Prices
Government Giving A Penny, Extracting A Pound: Congress On Petrol, Diesel PricesNDTV"Profiteering at the cost of the common hapless consumer-farmer-commuter, the government has reduced the prices of diesel and petrol by a few paise today and has diabolically increased excise on petrol and diesel for the 8th consecutive time," he said.and more »
#mehangai news - Petrol Price Cut by 32 Paise/Litre, Diesel by 85 Paise/Litre
Hindu Business LinePetrol Price Cut by 32 Paise/Litre, Diesel by 85 Paise/LitreNDTV"The current level of international product prices of petrol and diesel and Rupee-US Dollar exchange rate warrant a decrease in prices, the impact of which is being passed on to the consumers with this price revision," Indian Oil, the country's largest ...Petrol price cut by 32p/litre, diesel by 85pMoneycontrol.comPetrol price cut by 32 paise, diesel by 85 paise a litreHindu Business LinePetrol prices cut by 32 paise, diesel by 85 paise/litreDaily News & AnalysisZee News -Times of Indiaall 31 news articles »
#mehangai news - TABLE-India's IOC to cut diesel prices by 2 pct from Saturday
Zee NewsTABLE-India's IOC to cut diesel prices by 2 pct from SaturdayReuters AfricaJan 15 (Reuters) - Indian Oil Corp (IOC) will cut the price of diesel by about 2 percent from Saturday and that of gasoline by about 0.5 percent, reflecting changes in global fuel prices, the company said in a statement. India's three state-controlled ...Petrol price slashed by 32 paise per litre, diesel by 85 paiseZee NewsPetrol Price Cut by 32 Paise/Litre, Diesel by 85 Paise/LitreNDTVPetrol price cut by 32p/litre, diesel by 85pMoneycontrol.comDaily News & Analysis -IBNLive -Indiainfolineall 21 news articles »
#mehangai news - Petrol price cut by 32p/litre, diesel by 85p
Petrol price cut by 32p/litre, diesel by 85pMoneycontrol.comAfter the three price cuts happened last month, petrol in Delhi was costing Rs 64.47 per litre, which now will cost Rs 64.15 per litre, from on Saturday, while a litre of diesel will cost Rs 45.27 per litre as against Rs 46.12 currently.
#mehangai news - Petrol price slashed by 32 paise per litre, diesel by 85 paise
Zee NewsPetrol price slashed by 32 paise per litre, diesel by 85 paiseZee NewsAfter this revision, petrol will cost Rs 59.03 per litre in Delhi, as against Rs 59.35 currently, whereas a litre of diesel will cost Rs 44.18 as against Rs 45.03 until now, Indian Oil Corporation (IOC) said. Fuel prices were last revised downwards ...Petrol Price Cut by 32 Paise/Litre, Diesel by 85 Paise/LitreNDTVIOC cuts petrol prices by 32p/LIndiainfolineall 20 news articles »
#mehangai news - TABLE-India's IOC to cut diesel prices by 2 pct from Saturday
Zee NewsTABLE-India's IOC to cut diesel prices by 2 pct from SaturdayReuters AfricaJan 15 (Reuters) - Indian Oil Corp (IOC) will cut the price of diesel by about 2 percent from Saturday and that of gasoline by about 0.5 percent, reflecting changes in global fuel prices, the company said in a statement. India's three state-controlled ...Petrol price slashed by 32 paise per litre, diesel by 85 paiseZee NewsPetrol Price Cut by 32 Paise/Litre, Diesel by 85 Paise/LitreNDTVIOC cuts petrol prices by 32p/LIndiainfolineall 20 news articles »
#mehangai news - Petrol price cut fuels mischief
Telegraph.co.ukPetrol price cut fuels mischiefTelegraph.co.ukAnd India and China care not a jot for our quaint little EU emissions regulations considering, rightly, that we had our time in the sun, so why shouldn't they? I had a hot hatch the other day which cost me £40 to fill and I wilfully blasted it halfway ...
#mehangai news - Qatar hikes petrol prices by 30 percent - Al
Al-ArabiyaQatar hikes petrol prices by 30 percentAl-ArabiyaIran hopes to raise its exports to India by 200,000 bpd, up from the 260,000 bpd currently shipped under sanctions' restrictions, the official said. At the right price, Indian refiners said they were keen to import more from Iran, as the country's ...As clock ticks down on sanctions, oil-laden Iran tankers set to target India ...Times of IndiaOil refiners thrive amid rout in Brent crude marketSydney Morning HeraldIndia: Finance ministry to assume oil price at below $50 in budgetHellenic Shipping News Worldwideall 2,486 news articles »
#mehangai news - Fix petrol rate as per crude oil prices: CPI
Fix petrol rate as per crude oil prices: CPIThe HinduThe Communist Party of India (CPI) has urged the State and Central governments to fix the petrol and diesel prices in accordance with international crude oil prices. CPI State secretary K. Ramakrishna on Thursday said that the crude oil price was ...and more »
Thursday 14 January 2016
#mehangai news - Petrol and diesel prices to come down soon! Watch video
Zee NewsPetrol and diesel prices to come down soon! Watch videoZee NewsNew Delhi: With the price of Brent crude oil falling to a 12-year low in the international markets, the prices of petrol and diesel are likely to come down soon in the Indian market too. In the last quarterly cut on December 31, 2015, the prices of ...Oil price in India lower than Mineral waterApNewsCornerall 89 news articles »
#mehangai news - Leap to BS-VI will raise output cost of fuel
Daily News & AnalysisLeap to BS-VI will raise output cost of fuelBusiness StandardHe declined to specify the expected increase in retail prices of petrol and diesel as a result of the increased cost of production. "These are ballpark figures. We will not charge anything extra but the cost of production will go up," he said, adding ...IOC to invest Rs. 21000 crore to upgrade fuel qualityThe HinduIndian Oil Corp to invest Rs 21000 crore to upgrade fuel qualityDaily News & Analysisall 46 news articles »
#mehangai news - Mahindra banks on petrol model as India sours on diesel cars
LivemintMahindra banks on petrol model as India sours on diesel carsLivemintBuyers of small cars in India tend to opt for petrol cars as they generally cost less and are cheaper to maintain, more so after the government scrapped subsidies for diesel fuel at the end of 2014. With the fuel now blamed by India's top court for ...7 things you need to know about the all-new Mahindra KUV100Times of IndiaMahindra KUV100 (S101) completely revealed in new video as launch nears; price ...International Business Times, India Editionall 21 news articles »
#mehangai news - Oil cheaper than water but why is petrol sold at Rs 60 per litre? Find our here
Zee NewsOil cheaper than water but why is petrol sold at Rs 60 per litre? Find our hereZee NewsBefore this, the government had increased the prices from November 2014 to January 2015 by Rs. 7.75 per litre of petrol and Rs. 6.50 per litre of diesel. It is noteworthy that the Indian Oil Corporation purchases oil from the refinery at Rs. 22.46 per ...and more »
#mehangai news - Oil refiners thrive amid rout in Brent crude market
Sydney Morning HeraldOil refiners thrive amid rout in Brent crude marketSydney Morning HeraldWhile crude oil prices have dropped 51 per cent since the end of June, petrol prices have fallen about 15 per cent. Retail petrol prices in Sydney fell close to $1 a litre early this month and have since risen despite the slide in crude oil prices ...Daily Shot: China allows no respite from market turmoilTradingFloor.comall 1,808 news articles »
#mehangai news - Oil refiners thrive amid rout in Brent crude market
The Australian Financial ReviewOil refiners thrive amid rout in Brent crude marketThe Australian Financial ReviewRetail petrol prices in Sydney fell close to $1 a litre early this month and have since risen despite the slide in crude oil prices. Across the country, the price for regular unleaded petrol averaged $1.22 a litre last week, up 2¢ from the first week ...and more »
Wednesday 13 January 2016
#mehangai news - BS VI norms could raise petrol production cost by Rs 1.40 a litre, diesel by ...
Business StandardBS VI norms could raise petrol production cost by Rs 1.40 a litre, diesel by ...Business StandardThe government's latest decision to switch over from BS IV auto fuel quality standards to BS VI norms by 2020 will raise the cost of production of petrol by Rs 1.40 per litre and cost of diesel by an estimated 63 paise for Indian Oil Corporation (IOCL ...IOC to invest Rs. 21000 crore to upgrade fuel qualityThe HinduIndian Oil Corp to invest Rs 21000 crore to upgrade fuel qualityDaily News & Analysisall 28 news articles »
#mehangai news - BS-VI Norms Could Push Diesel Car Prices By 20%: Report
NDTVBS-VI Norms Could Push Diesel Car Prices By 20%: ReportNDTVThe implementation of stricter Bharat Stage VI emission norms from April 1, 2020 will entail additional costs both for the auto industry and car buyers. Automakers will have to shell out an estimated Rs. 36,500 crore to embrace new technology ...
Tuesday 12 January 2016
#mehangai news - Petrol price hike: Oman to fall from ninth cheapest fuel in world to 13th
Times of OmanPetrol price hike: Oman to fall from ninth cheapest fuel in world to 13thTimes of OmanDespite the price increase, fuel will remain cheaper in Oman than over the border in the UAE, currently at the equivalent of 177 baisas per litre and is still less than half the price paid at the pumps in India and less than a third of the price paid ...and more »
#mehangai news - Indian Tycoons Tap Fuel Rush at Home as China Stokes Global Glut
Indian Tycoons Tap Fuel Rush at Home as China Stokes Global GlutBloombergIndian purchases are emerging as a bright spot and providing the nation's refiners with a buffer against a darkening export outlook. Diesel globally may swing into oversupply this year and prices are set to decline, according to BMI Research. Low crude ...and more »
Monday 11 January 2016
#mehangai news - Govt pocketing 80% profits of crude oil price fall: Congress
Daily News & AnalysisGovt pocketing 80% profits of crude oil price fall: CongressDaily News & AnalysisGovernment is "pocketing" 80% of profit of fall in crude oil prices, Congress on Monday alleged and asked the government to pass on the benefits to consumers. Party spokesperson Abhishek Singhvi said that despite raising the issue many times, Congress ...and more »
#mehangai news - Road predictions for 2050: The end of petrol, traffic deaths and gear heads
Stuff.co.nzRoad predictions for 2050: The end of petrol, traffic deaths and gear headsStuff.co.nzOnce, companies such as GM and Toyota would dump their "mature" designs on markets such as India, China, Africa and Russia. But consumers in those places came to expect the same advanced technologies they could get at a low cost from companies ...and more »
#mehangai news - Crude oil cheaper than drinking water
Business StandardCrude oil cheaper than drinking waterBusiness StandardWith the Indian basket of crude oil falling to below $30 a barrel last week, a litre of crude oil now costs about Rs 12 (approximately), lower than packaged water's price of Rs 15 a litre. Last Thursday's closing of $29.24 a barrel was the lowest in a ...
Saturday 9 January 2016
#mehangai news - Unbelievable! Petrol, diesel prices cheaper than a litre of water?
Zee NewsUnbelievable! Petrol, diesel prices cheaper than a litre of water?Zee NewsNew Delhi: It is true that your petrol and diesel prices are cheaper than a litre of packaged water! Only that the government has been making it costlier by raising excise duty on petrol and diesel. It is a fact that the Indian Crude Basket, which is a ...
#mehangai news - Excise duty on petrol, diesel prices to be hiked again before March: Report
International Business Times, India EditionExcise duty on petrol, diesel prices to be hiked again before March: ReportInternational Business Times, India Edition"Fiscal deficit target of 3.9% for the current fiscal is sacrosanct and various options are available before the government, including further raising excise duty on petrol and diesel," official sources told Press Trust of India. The government has ...and more »
#mehangai news - Indian basket of crude goes below $30 a barrel
Real Time News, IndiaIndian basket of crude goes below $30 a barrelEconomic TimesIn rupee terms, the Indian basket price fell to Rs 1,956.65 a barrel on Thursday. The slide in the price follows a global commodity slump. Crude oil price has slipped two-thirds since June 2014 when it traded at $115. Brent has fallen to about $34 a ...Crude oil price goes below $30 per barrel for IndiaReal Time News, Indiaall 684 news articles »
Friday 8 January 2016
#mehangai news - Petrol, diesel prices to go up as govt likely to further hike excise duty
Zee NewsPetrol, diesel prices to go up as govt likely to further hike excise dutyZee News"If global crude oil price provide room for further duty hike, it can be done. The government is open to idea as it will help boost revenue," sources said. Last week, the government hiked excise duty on petrol by Rs 0.37 per litre and by Rs 2 a litre ...and more »
#mehangai news - Crude oil price goes below $30 per barrel for India
Real Time News, IndiaCrude oil price goes below $30 per barrel for IndiaReal Time News, IndiaSince oil barrel contains 159 liters, the price of a liter of crude oil has fallen to Rs 12.30, implying a price of around Rs 17-18 for a liter of petrol and diesel before taxes and transportation costs, but after refining costs. India is very exposed ...and more »
#mehangai news - Users to pay only marginally more for cleaner fuels
Times of IndiaUsers to pay only marginally more for cleaner fuelsTimes of IndiaThe recommendation came after refiners indicated an incremental increase of Rs 2.64 and Rs 1.43 per litre for producing cleaner petrol and diesel, respectively. This was in addition to the Rs 35,000 crore invested till then for graduating from BS-III ...BS VI norms won't improve air quality, may push car prices: MarutiHindustan TimesIndia to go directly to BS-VI emission norms by 2020LivemintBS-VI will not improve air quality, may push up car prices: MarutiEconomic TimesDeccan Heraldall 149 news articles »
Thursday 7 January 2016
#mehangai news - Users to pay only mrginally more for cleaner fuels
Times of IndiaUsers to pay only mrginally more for cleaner fuelsTimes of IndiaThe recommendation came after refiners indicated an incremental increase of Rs 2.64 and Rs 1.43 per litre for producing cleaner petrol and diesel, respectively. This was in addition to the Rs 35,000 crore invested till then for graduating from BS-III ...BS VI norms won't improve air quality, may push car prices: MarutiHindustan TimesIndia to go directly to BS-VI emission norms by 2020LivemintBS-VI will not improve air quality, may push up car prices: MarutiEconomic TimesDeccan Heraldall 128 news articles »
#mehangai news - Global crude oil price crash: Who gains the most in India
IBNLiveGlobal crude oil price crash: Who gains the most in IndiaIBNLiveHowever India, one of the largest importers of crude oil, is saving billions of dollars due to falling prices of crude oil. India benefits by a fall in diesel and petrol prices, lower tyre prices, lower paint prices. Also there might be a significant ...and more »
Wednesday 6 January 2016
#mehangai news - Toyota Helps Dealers Hit by Diesel-Car Ban Pay Wages, Cut Stocks
Toyota Helps Dealers Hit by Diesel-Car Ban Pay Wages, Cut StocksBloombergIndia's top court banned the sale of large diesel cars and sport-utility vehicles in a bid to grapple with hazardous air pollution in Delhi. The Innova and Fortuner account for more than half of Toyota's deliveries in the nation, and the Delhi region ...and more »
#mehangai news - India Supreme Court Keeps Ban on Larger Diesel-Engine Vehicles
BloombergIndia Supreme Court Keeps Ban on Larger Diesel-Engine VehiclesBloombergDaimler AG's Mercedes-Benz luxury unit was denied relief by India's Supreme Court on Wednesday in a case that put the luxury carmaker on the wrong side of a dividing line on diesel engines. Chief Justice T.S. Thakur maintained a ban on new ... Rupee ...Supreme Court refuses to lift ban on diesel cars' registration in Delhi and NCREconomic TimesDo big luxury cars emit oxygen, asks SCTimes of IndiaCourt wants more documentary evidence to prove diesel vehicles are non-pollutingHindu Business Lineall 275 news articles »
Tuesday 5 January 2016
#mehangai news - Raising excise on petrol, diesel is a good move
SwarajyaRaising excise on petrol, diesel is a good moveBusiness StandardThe government's strategy of increasing duty, even while oil marketing companies effect moderate price cuts, reflects a mature and prudent response to the decline in international crude oil prices. India imports crude oil in large quantities to meet ...Petrol prices haven't fallen much, but there's a good reason whyMoneycontrol.comRaising Excise On Petrol And Diesel Again Shows Govt Is A One-Trick PonySwarajyaall 4 news articles »
#mehangai news - Petrol, diesel to cost more in Gujarat as government hikes VAT and cess
Times of IndiaPetrol, diesel to cost more in Gujarat as government hikes VAT and cessTimes of IndiaSo far, government used to collect 23 per cent VAT and 2 per cent cess on petrol. Now, the government has increased the VAT by one per cent, taking it to 24 per cent, and raised the cess by two per cent, taking it to four per cent, an official release ...Odisha govt hikes VAT on petrol, diesel by 3%Daily News & AnalysisOdisha raises VAT on petrol and diesel by 3%Business StandardOdisha hikes VAT on petrol, dieselOneindiaIndia.com -Web Indiaall 26 news articles »
#mehangai news - Petrol prices haven't fallen much, but there's a good reason why
Moneycontrol.comPetrol prices haven't fallen much, but there's a good reason whyMoneycontrol.com... excise duty on both petrol and diesel. From a peak of about USD 110 per barrel in June 2014, crude prices have fallen about 67 percent while over the same period, diesel and petrol prices have fallen 15 and 18 percent, respectively, data from the ...
#mehangai news - Odisha govt hikes VAT on petrol, diesel by 3%
Daily News & AnalysisOdisha govt hikes VAT on petrol, diesel by 3%Daily News & AnalysisAmat said the state government had earlier reduced VAT on petrol and diesel from 20% to 18% in June 2014 when fuel prices spiked in the international market. Again the state government increased the VAT to 23% in December 2014 as the oil price fell in ...Odisha raises VAT on petrol and diesel by 3%Business StandardOdisha hikes VAT on petrol, dieselOneindiaVAT on petrol, diesel increased in OdishaIndia.comWeb Indiaall 19 news articles »
#mehangai news - Odisha hikes VAT on petrol, diesel
OneindiaOdisha hikes VAT on petrol, dieselOneindiaBhubaneswar, Jan 5: The Odisha government on Tuesday increased by 3 percent the Value Added Tax (VAT) on petrol and diesel inviting strong criticism from the opposition parties and the common people. With this hike, the price of petrol has gone up by ...Odisha raises VAT on petrol and diesel by 3%Business Standardall 9 news articles »
#mehangai news - Odisha raises VAT on petrol and diesel by 3%
OneindiaOdisha raises VAT on petrol and diesel by 3%Business StandardPress Trust of India | Bhubaneswar January 5, 2016 Last Updated at 15:57 IST ... Amat said the state government had earlier reduced VAT on petrol and diesel from 20 per cent to 18 per cent in June 2014 when fuel prices spiked in the international market.Odisha hikes VAT on petrol, dieselOneindiaall 9 news articles »
#mehangai news - Ban diesel cars in India - the way forward for cleaner air
MerinewsBan diesel cars in India - the way forward for cleaner airMerinewsAnd diesel prices have been consistently higher than petrol prices in the US. I have been watching for over 30 years and I know. 2) If diesel cars had been more efficient than petrol cars, the (relatively) free market of the US would have naturally ...and more »
#mehangai news - The Government Has Increased Excise Duty On Petrol And Diesel Again
SwarajyaThe Government Has Increased Excise Duty On Petrol And Diesel AgainSwarajyaOn 11 November, 2014, when the excise duty on petrol and diesel was increased by the Narendra Modi government for the first time, the price of the Indian basket of crude oil was at $79.11 per barrel. As on 31 December, 2015, the price of the Indian ...
#mehangai news - The car that costs 2p a litre to run – using water as fuel
BT.comThe car that costs 2p a litre to run – using water as fuelBT.comDiesel prices may have just dropped to under £1 a litre, but a car mechanic has created a vehicle that costs just 2p a litre to run. Mohammed Raees ... Markani, from Madhya Pradesh in India, spent five years developing the idea. Since he started there ...and more »
#mehangai news - Diesel prices cut to less than £1 a litre
Diesel prices cut to less than £1 a litreHexa NewsThere's been a slight revision in the fuel prices in India - petrol rates are down by 63 paise a litre and diesel by Rs 1.06 a litre, as a result of the drop in the prices for crude oil. Are you pleased to see fuel prices come down in 2016? Rivals Asda ...and more »
Monday 4 January 2016
#mehangai news - Supermarket giants drop diesel prices under £1
Supermarket giants drop diesel prices under £1The Hollywood SourceThere's been a slight revision in the fuel prices in India - petrol rates are down by 63 paise a litre and diesel by Rs 1.06 a litre, as a result of the drop in the prices for crude oil. Indore: While Central government in the last few months has ...and more »
#mehangai news - Drop in crude oil prices brings down petrol and diesel rates in India
OverdriveDrop in crude oil prices brings down petrol and diesel rates in IndiaOverdriveOn December 1, 2015, prices had dropped to Rs 60.48 per litre for petrol and Rs 46.55 per litre for diesel. This was followed by the second revision on December 16, 2015 where the prices were further reduced and petrol and diesel were valued at Rs 59 ...and more »
#mehangai news - Petrol, diesel to cost more in MP
Petrol, diesel to cost more in MPTimes of IndiaINDORE: While Central government in the last few months has reduced petrol and diesel prices, a recent notification from department of commercial tax, Madhya Pradesh, coming into effect from Sunday midnight will burn a hole in common man's pocket.
#mehangai news - Benefits and Risks of Fuel Price Modulation
Benefits and Risks of Fuel Price ModulationTHISDAY LiveThe received wisdom had always been that subsidy removal would automatically bump up not only the price of petrol but also that of everything else, which would in turn negatively and disproportionately impact the working class and the poor. .... should ...and more »
#mehangai news - Petrol prices up as govt hikes excise duty
The Hans IndiaPetrol prices up as govt hikes excise dutyThe Hans IndiaHowever, there will be no increase in retail selling price of petrol and diesel as state-owned oil firms had not passed on the full benefit of a reduction in international oil prices to consumers on January 1. Basic excise duty on unbranded or normal ...
Saturday 2 January 2016
#mehangai news - Congress attacks Modi govt over petrol, diesel excise duty hike
Congress attacks Modi govt over petrol, diesel excise duty hikeDaily News & AnalysisHowever, there will be no increase in retail selling price of petrol and diesel as state-owned oil firms had not passed on the full benefit of a reduction in international oil prices to consumers on January 1. Reacting sharply to it, Surjewala said,"On ...and more »
#mehangai news - Excise duty on petrol and diesel hiked
Times of IndiaExcise duty on petrol and diesel hikedTimes of IndiaHowever, there will be no increase in retail selling price of petrol and diesel as state-owned oil firms had not passed on the full benefit of a reduction in international oil prices to consumers on January 1. Basic excise duty on unbranded or normal ...
#mehangai news - Excise duty on petrol hiked by Rs 0.37 per litre, diesel by Rs 2
The Indian ExpressExcise duty on petrol hiked by Rs 0.37 per litre, diesel by Rs 2The Indian ExpressHowever, there will be no increase in retail selling price of petrol and diesel as state-owned oil firms had not passed on the full benefit of a reduction in international oil prices to consumers on January 1. Basic excise duty on unbranded or normal ...Petrol, diesel prices to be reduced from January 1Times of IndiaNew year gift: Petrol price down by 63 paise/litre, diesel by Rs 1.06 a litreIndia TodayPetrol Price Cut by 63 Paise/Litre, Diesel by Rs. 1.06/LitreNDTVReuters Africaall 164 news articles »
#mehangai news - Govt hikes excise duty on petrol, diesel; second time in two weeks
Daily News & AnalysisGovt hikes excise duty on petrol, diesel; second time in two weeksDaily News & AnalysisGovernment on Saturday hiked excise duty on petrol by Rs 0.37 per litre and by Rs 2 a litre on diesel, the second increase in duties in just over two weeks, to mop up a little less than Rs 4,400 crore. However, there will be no increase in retail ...
Friday 1 January 2016
#mehangai news - Non-subsidised LPG rates hiked, jet fuel cut
The StatesmanNon-subsidised LPG rates hiked, jet fuel cutThe StatesmanMeanwhile, with the Indian basket of crude oils again in free fall towards the $30 a barrel mark, prices of aviation turbine fuel (ATF), or jet fuel, were reduced by a steep 10 percent effective from Friday to Rs.39,892.32 per kl in Delhi from Rs.44 ...and more »
#mehangai news - BS-IV or V, diesel to remain a polluting fuel: UK report
ETAuto.comBS-IV or V, diesel to remain a polluting fuel: UK reportETAuto.comIndia's diesel consumption in the transport sector is much higher than that of China and the US. In the US, there is no price difference between diesel and petrol. The reason we are pushing for BS VI is because we don't want a huge stock of vehicles ...and more »
#mehangai news - Aviation stocks rally 8-14% post steep cut in jet fuel prices
Moneycontrol.comAviation stocks rally 8-14% post steep cut in jet fuel pricesMoneycontrol.comOil marketing companies slashed aviation turbine fuel (ATF) prices by 10 percent, hence current prices are lowest since June 2010. Fourth consecutive monthly decline was after the sharp fall in crude oil prices.and more »
#mehangai news - New year gift: Petrol price down by 63 paise/litre, diesel by Rs 1.06 a litre
India TodayNew year gift: Petrol price down by 63 paise/litre, diesel by Rs 1.06 a litreIndia TodayOil marketer Indian Oil Corp (IOC) on Thursday announced a reduction in petrol and diesel prices effective midnight, following a fall in international crude oil prices. According to IOC, petrol prices per litre will be reduced by Rs.0.63 at New Delhi ...Petrol, diesel prices to be reduced from January 1Times of IndiaPetrol Price Cut by 63 Paise/Litre, Diesel by Rs. 1.06/LitreNDTVPetrol price down by 63 paise/litre, diesel by Rs 1.06 a litreIBNLiveall 137 news articles »
#mehangai news - IOC to cut diesel, petrol prices from Friday
ReutersIOC to cut diesel, petrol prices from FridayReutersIndian Oil Corp (IOC) will cut the price of diesel by 2.3 percent from Friday and that of petrol by 1 percent, reflecting changes in global fuel prices. The retail price of diesel will be cut by 1.06 rupees a litre, the company said in a statement on ...and more »
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