Thursday 31 March 2016
#mehangai news - Auto ind hopes SC will consider extra cess in lieu of diesel ban
Moneycontrol.comAuto ind hopes SC will consider extra cess in lieu of diesel banMoneycontrol.comAuto ind hopes SC will consider extra cess in lieu of diesel ban. The Supreme Court Thursday maintaining its ban on sale of diesel cars with engine capacity exceeding 2000 cc in New Delhi and NCR. Like this story, share it with millions of ... Vikram S ...and more »
#mehangai news - Fuel Prices to Go up From Tomorrow in Karnataka
Daily News & AnalysisFuel Prices to Go up From Tomorrow in KarnatakaThe New Indian ExpressBENGALURU: The prices of petrol and diesel will go up from April 1 in the state as Chief Minister Siddaramaiah on Wednesday rejected Opposition BJP's demand for dropping the proposal to hike sales tax on petrol and diesel. In his budget for 2016-17, ...No rollback on taxes: CMTimes of Indiaall 6 news articles »
Tuesday 29 March 2016
#mehangai news - Indian ramps up fossil fuel spend amid welfare cuts
Climate HomeIndian ramps up fossil fuel spend amid welfare cutsClimate HomeThis was supposed to spare the OMCs the burden of any subsidy costs if the crude oil price each quarter averaged less than USD 60 a barrel. Only when prices went beyond USD 60 a barrel were they to bear 85% of the incremental cost above USD 60, ...
#mehangai news - US sues Volkswagen for deceptive 'clean diesel' campaign
Daily News & AnalysisUS sues Volkswagen for deceptive 'clean diesel' campaignTimes of IndiaThe cars sold for an average price of approximately $28,000. "For years Volkswagen's ads touted the company's 'Clean Diesel' cars even though it now appears Volkswagen rigged the cars with devices designed to defeat emissions tests," FTC Chairwoman ...US FTC sues Volkswagen over diesel advertising claimsDaily News & Analysisall 53 news articles »
#mehangai news - US sues Volkswagen for promoting 'clean diesel' vehicles to American consumers
Daily News & AnalysisUS sues Volkswagen for promoting 'clean diesel' vehicles to American consumersDaily News & AnalysisThe US government filed suit against Volkswagen on Tuesday, charging the German automaker deceived American consumers by promoting supposedly "clean diesel" vehicles that were actually fitted with illegal pollution-cheating devices. The Federal Trade ...and more »
#mehangai news - US sues Volkswagen for deceptive 'clean diesel' campaign
Daily News & AnalysisUS sues Volkswagen for deceptive 'clean diesel' campaignTimes of IndiaThe US government filed suit against Volkswagen on Tuesday, charging the German automaker deceived American consumers by promoting supposedly "clean diesel" vehicles that were actually fitted with illegal pollution-cheating devices. The Federal Trade ...US FTC sues Volkswagen over diesel advertising claimsDaily News & Analysisall 36 news articles »
#mehangai news - US FTC sues Volkswagen over diesel advertising claims
Daily News & AnalysisUS FTC sues Volkswagen over diesel advertising claimsDaily News & AnalysisThe US Federal Trade Commission filed suit on Tuesday against Volkswagen AG for falsely advertising that hundreds of thousands of its diesel vehicles were environmentally friendly, when the German automaker knew they were actually emitting excess ...US sues Volkswagen for deceptive 'clean diesel' campaignTimes of Indiaall 29 news articles »
Tuesday 22 March 2016
#mehangai news - Explained: If crude prices are at 2004 levels, why are we paying double the price for petrol, diesel?
FirstpostExplained: If crude prices are at 2004 levels, why are we paying double the price for petrol, diesel?FirstpostBut the fact is this is true for not only for India but across the Asian emerging markets. "The reduction in petrol and diesel prices in the capital cities of Asia's 12 biggest consumer countries that we tracked between September 2014 and February 2016 ...More freedomBusiness Standardall 2 news articles »
#mehangai news - Electric Buses Daily Earn 82 Percent More Profit Than Diesel Vehicles
Electric Buses Daily Earn 82 Percent More Profit Than Diesel VehiclesThe New Indian ExpressAs much as 25 tonnes of carbon dioxide (CO2) emission can be cut every year for every diesel bus replaced by an electric bus, said the IISC study, conducted by Sheela Ramasesha and her group at the Divecha Centre for Climate Change in Bengaluru.
#mehangai news - Explained: If crude prices are at 2004 levels, why are we paying double the price for petrol, diesel?
FirstpostExplained: If crude prices are at 2004 levels, why are we paying double the price for petrol, diesel?FirstpostThe price of the Indian basket of crude oil averged at $30.53 per barrel in February 2016. The last time the price hit $30 was in January 2004. In February 2016, the prices of petrol stood at Rs 59-66.05 per litre across four metros in the country ...More freedomBusiness Standardall 2 news articles »
Monday 21 March 2016
#mehangai news - Electric Buses Daily Earn 82 Per cent More Profit Than Diesel Vehicles
Electric Buses Daily Earn 82 Per cent More Profit Than Diesel VehiclesThe New Indian ExpressThe only downside of the electric bus is its relatively high price - Rs.30,00,000 ($45,000) vs Rs. 8,50,000 for a diesel bus - which could reduce if electric buses are manufactured in India. The bus used for the tests was imported from China. The ...Electric Buses earn 82% more profit than diesel dailyIndiainfolineElectric buses earn 82% more profit than diesel vehiclesGreentech Leadall 6 news articles »
#mehangai news - Petrol Prices See Sharpest Hike in 10 Months. Should You Be Worried?
Petrol Prices See Sharpest Hike in 10 Months. Should You Be Worried?NDTVFor Indian consumers, the sharp spike in global oil prices has resulted in higher prices at petrol pumps. Diesel rates went up by Rs.1.90 per litre in India last week. Petrol prices were hiked by Rs.3.07 a litre, the sharpest increase since May 2015 ...
#mehangai news - Oil fall has uneven impact on petrol price
Oil fall has uneven impact on petrol priceNEWS.com.auI'd prefer to fly, but gas (petrol) prices are so cheap it just makes sense," she said. The fall in pump price has been more muted in countries like Indonesia, China and India, which have tried to reduce subsidies and absorb some of the gains from ...and more »
#mehangai news - Oil fall has uneven impact on petrol price
Oil fall has uneven impact on petrol priceThe Australian (subscription) (blog)I'd prefer to fly, but gas (petrol) prices are so cheap it just makes sense," she said. The fall in pump price has been more muted in countries like Indonesia, China and India, which have tried to reduce subsidies and absorb some of the gains from ...and more »
Sunday 20 March 2016
#mehangai news - Maiden consignment of Indian diesel arrives
The Daily StarMaiden consignment of Indian diesel arrivesFinancial Express BangladeshThe train carrying Indian diesel was flagged off Friday from Siliguri of India by Minister of State for Petroleum and Natural Gas Dharmendra Pradhan. The benchmark price of Indian diesel would be similar to the price at which BPC currently imports the ...India flags off 2200 tonnes of diesel to BangladeshThe Daily Starall 50 news articles »
Saturday 19 March 2016
#mehangai news - In defence of excise duty hikes on fuels: It's fine if they are part of a larger plan
FirstpostIn defence of excise duty hikes on fuels: It's fine if they are part of a larger planFirstpostWithout these increases, it estimates, the retail price could work out to Rs 47.63 a litre for petrol and that of diesel to Rs 38.96 a litre (against the actual price in February of Rs 59.63 for petrol and Rs 44.96 for diesel). ... But since India is ...and more »
Friday 18 March 2016
#mehangai news - Karnataka budget proposes costlier fuel, liquor, soft drinks
International Business Times, India EditionKarnataka budget proposes costlier fuel, liquor, soft drinksTimes of IndiaJustifying the increase in fuel taxes, the chief minister said though the central government had increased excise duty three times on petrol and diesel during the current fiscal (2015-16) despite steady fall in crude oil prices in the international ...Liquor, petrol, diesel, aerated drinks to cost more in KarnatakaInternational Business Times, India Editionall 48 news articles »
#mehangai news - Why Fuel Prices May Not Be Cut In Near Future
NDTVWhy Fuel Prices May Not Be Cut In Near FutureNDTVIndian Oil Corporation revises the petrol & diesel prices every fortnight. This time on 16th, diesel price was hiked by Rs. 1.9 per litre and petrol price was raised by Rs. 3.07 per litre as the crude oil prices in the international market have gone up ...
#mehangai news - Why govt should not have effected petrol price hike, diesel price hike; Congress explains
Why govt should not have effected petrol price hike, diesel price hike; Congress explainsFinancial Express“The Congress party is forced to wonder as to how much will this government take to prove that it is anti-farmer, anti-poor and anti-common Indian citizen. It beats any logic, whatsoever to hit the farmer with a diesel price hike, even as he is facing ...
#mehangai news - Congress slams government for hike in petrol and diesel price
Congress slams government for hike in petrol and diesel priceCanIndia NewsNew Delhi, March 16 (IANS) Congress on Wednesday slammed Narendra Modi government for the hike in petrol and diesel price, saying that it was “anti-farmer, anti-poor and anti-common Indian citizen”. “The Congress party is forced to wonder as to how ...
#mehangai news - Fuel price cuts would have spurred GDP: SBI report
Times of IndiaFuel price cuts would have spurred GDP: SBI reportTimes of IndiaMUMBAI: A research report by the State Bank of India (SBI) has said that had the government not hiked excise duty on petrol and diesel, it would have added at least an additional percentage point to gross domestic product (GDP) growth. The report said ...
#mehangai news - India flags off 2200 tonnes of diesel to Bangladesh
The Daily StarIndia flags off 2200 tonnes of diesel to BangladeshThe Daily StarThat overall transport cost will go down if a significant amount of diesel could be supplied from Parbatipur, said Mosleh Uddin. In April last year, Bangladesh and India agreed to install a 135-kilometre cross-border pipeline to help Dhaka import 10 ...and more »
#mehangai news - Jayalalithaa flays fuel price hike
The StatesmanJayalalithaa flays fuel price hikeThe StatesmanThe US Dollar-Indian rupee value, US Central bank increasing interest rate, dip in Chinese foreign exchange among others will lead to fluctuations in the value of the Indian currency but it was "not acceptable" that fuel prices could be hiked as a ...
Thursday 17 March 2016
#mehangai news - OMCs soar nearly 6% on hike in petrol, diesel prices
Business TodayOMCs soar nearly 6% on hike in petrol, diesel pricesEconomic TimesState-owned fuel retailers IOC, Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) revise rates of the fuel on 1st and 16th of every month based on average oil price and foreign exchange rate in the preceding fortnight.Stocks of 3 PSU oil companies rise nearly 6% after Indian Oil raises petrol, diesel pricesDaily News & AnalysisShares of 3 PSUs rise 6% after hike in petrol, diesel pricesBusiness StandardBPCL, GAIL, Cairn India gain up to 6% as Brent crude risesBusiness Todayall 11 news articles »
#mehangai news - Congress stalls Odisha assembly on petrol price hike
OneindiaCongress stalls Odisha assembly on petrol price hikeOneindiaBhubaneswar, Mar 17: Odisha Assembly today witnessed repeated adjournments with opposition Congress stalling the proceedings demanding a discussion on the recent price hike of petrol and diesel. Though the matter was first raised during the Zero Hour ...and more »
#mehangai news - Top ten Business News: US Fed keeps interest rate unchanged, Petrol prices hike, Xiaomi Redmi Note 3 sale to start ...
Financial ExpressTop ten Business News: US Fed keeps interest rate unchanged, Petrol prices hike, Xiaomi Redmi Note 3 sale to start ...Financial ExpressPetrol/Deisel Price: Petrol price were hiked by Rs 3.07 a litre, reversing its 3-month declining trend, while diesel rates went up by Rs 1.90 per litre. Petrol in Delhi will now cost Rs 59.68 per litre against Rs 56.61, said Indian Oil Corporation, the ...Xioami Mi Note 2 could be the next Chinese phone with curved screen - Gizchina.comGizChinaSamsung to see increased Chinese uptake of Edge display panelsZDNetall 81 news articles »
#mehangai news - Oil & gas stocks rally as Brent crude climbs back above $40-mark
Oil & gas stocks rally as Brent crude climbs back above $40-markEconomic TimesStocks of Bharat Petroleum surged 5.22 per cent, IOC gaind 3.23 per cent, Hindustan Petroleum 3 per cent, Cairn India 3 per cent, Oil India 2 per cent. The BSE Oil & gas index, a gauge of oil marketing and producing companies, surged 2.5 per cent in ...and more »
#mehangai news - IOC to raise diesel prices by 4.1 pct from Thursday
ReutersIOC to raise diesel prices by 4.1 pct from ThursdayReutersNEW DELHI Indian Oil Corp (IOC) will raise the price of diesel by 4.1 percent from Thursday and up the price of gasoline by about 5.4 percent, reflecting changes in global fuel prices, the company said in a statement. India's three state-controlled oil ...
#mehangai news - QBiz: India Clinches Stake in Siberian Oilfields, Fuel Prices Hike
The QuintQBiz: India Clinches Stake in Siberian Oilfields, Fuel Prices HikeThe QuintIndian firms on Wednesday clinched a slew of deals worth around $4 billion with long-time strategic partner Russia for purchasing stakes in two key East Siberian oilfields operated by Rosneft, the world's largest publicly-traded oil company. The move ...and more »
#mehangai news - Rollback Hike in Fuel Prices, Demands Jayalalithaa
The New Indian ExpressRollback Hike in Fuel Prices, Demands JayalalithaaThe New Indian ExpressCHENNAI: Terming the hike in prices of petrol and diesel as unfair, Chief Minister J Jayalalithaa on Wednesday urged a roll back without which a cascading impact on the prices of essential commodities will result with hardships to the poor. She said ...Jayalalithaa flays fuel price hike, says it will impact lower, middle ...Daily News & Analysisall 8 news articles »
#mehangai news - IOC to raise diesel prices by 4.1 pct from Thursday | Reuters - Firstpost
IOC to raise diesel prices by 4.1 pct from Thursday | Reuters - FirstpostFirstpostNEW DELHI Indian Oil Corp (IOC) will raise the price of diesel by 4.1 percent from Thursday and up the price of gasoline by about 5.4 percent, reflecting ...
Wednesday 16 March 2016
#mehangai news - Petrol price hiked by Rs.3.07/litre, diesel by Rs.1.90
The Indian ExpressPetrol price hiked by Rs.3.07/litre, diesel by Rs.1.90The Indian ExpressPetrol in Delhi will cost Rs 59.68 per litre from mid-night tonight as against Rs 56.61 currently, said Indian Oil Corporation, the nation's biggest fuel retailer. Petrol price was hiked on Wednesday by Rs 3.07 a litre, reversing its 3-month declining ...Petrol Price Hiked By Rs. 3.07/Litre, Diesel By Rs. 1.90/LitreNDTVPetrol prices hiked by Rs 3.07/litre, diesel gets dearer by Rs 1.90 a litreDaily News & AnalysisPetrol prices hiked by Rs 3.07 per litre, diesel by Rs 1.90Zee NewsLivemint -India.com -Firstpostall 54 news articles »
#mehangai news - Goa Government Hikes Value Added Tax On Petrol By 7 Per Cent
NDTVGoa Government Hikes Value Added Tax On Petrol By 7 Per CentNDTVPanaji: Four years after virtually abolishing Value Added Tax (VAT) on petrol as part of a poll promise, the Goa government today announced a seven per cent hike in VAT on the popular fuel. ... It had made petrol price in Goa the cheapest in the country.Goa Budget: Govt increases VAT on petrol to 22% from 15%Daily News & AnalysisGoa CM announces populist schemes in budget proposal ahead of pollsThe Indian Expressall 55 news articles »
#mehangai news - India's IOC to raise diesel prices by 4.1 pct from Thursday
India's IOC to raise diesel prices by 4.1 pct from ThursdayReuters AfricaNEW DELHI, March 16 (Reuters) - Indian Oil Corp (IOC) will raise the price of diesel by 4.1 percent from Thursday and up the price of gasoline by about 5.4 percent, reflecting changes in global fuel prices, the company said in a statement. India's ...
#mehangai news - Jayalalithaa flays fuel price hike, says it will impact lower, middle class; seeks rollback
Daily News & AnalysisJayalalithaa flays fuel price hike, says it will impact lower, middle class; seeks rollbackDaily News & AnalysisThe US Dollar-Indian rupee value, US Central bank increasing interest rate, dip in Chinese foreign exchange among others will lead to fluctuations in the value of the Indian currency but it was "not acceptable" that fuel prices could be hiked as a ...
#mehangai news - Petrol Turns Dearer by Rs 3.07 a Litre, Diesel Up Rs 1.90
Outlook IndiaPetrol Turns Dearer by Rs 3.07 a Litre, Diesel Up Rs 1.90Outlook IndiaPetrol price was hiked today by Rs 3.07 a litre, reversing its 3-month declining trend, while diesel rates went up by Rs 1.90 per litre. Petrol in Delhi will cost Rs 59.68 per litre from mid-night tonight as against Rs 56.61 currently, said Indian Oil ...
#mehangai news - Petrol prices hiked by Rs 3.07/litre, diesel gets dearer by Rs 1.90 a litre
Daily News & AnalysisPetrol prices hiked by Rs 3.07/litre, diesel gets dearer by Rs 1.90 a litreDaily News & AnalysisPetrol price has been hiked by Rs 3.07 per litre and diesel by Rs 1.90 per litre. Revised prices will take effect from the midnight of March 16 and 17. According to NDTV, India Oil Corp said, "Increase in Retail Selling Price of Petrol by Rs. 3.07 ...Petrol prices hiked by Rs 3.07 per litre, diesel by Rs 1.90Zee NewsPetrol Price Hiked By Rs. 3.07/Litre, Diesel By Rs. 1.90/LitreNDTVPetrol price hiked by Rs.3.07/litre, diesel by Rs.1.90The Indian Expressindiabloomsall 9 news articles »
#mehangai news - Petrol Price Hiked By Rs. 3.07/Litre, Diesel By Rs. 1.90/Litre
Petrol Price Hiked By Rs. 3.07/Litre, Diesel By Rs. 1.90/LitreNDTVFuel prices were last revised on February 29 - the day when Finance Minister Arun Jaitley presented the Budget for 2016-17 in Parliament. Petrol on that day was made cheaper by Rs. 3.02 per litre while diesel was made more expensive by Rs. 1.47 per litre.
#mehangai news - Petrol prices hiked by Rs 3.07 per litre, diesel by Rs 1.90
Zee NewsPetrol prices hiked by Rs 3.07 per litre, diesel by Rs 1.90Zee NewsNew Delhi: Petrol prices were on Wednesday hiked by Rs 3.07 per litre while that of diesel were also hiked by Rs 1.90. The new prices will come into effective midnight tonight. The hike in petrol prices comes a fortnight after it was cut by Rs 3.02 per ...
#mehangai news - Petrol Price Hiked By Rs 3.07/Litre, Diesel By Rs 1.90/Litre - NDTV
Daily News & AnalysisPetrol Price Hiked By Rs 3.07/Litre, Diesel By Rs 1.90/Litre - NDTVNDTVPrice of petrol was on Tuesday raised by Rs 3.07 per litre while that of diesel was increased by Rs 1.90 per litre. Revised prices will take effect from the midnight ...Petrol prices hiked by Rs 3.07/litre, diesel gets dearer by Rs 1.90 a ...Daily News & Analysisall 2 news articles »
#mehangai news - BPC imports 2200 tonnes of diesel from India next week
BPC imports 2200 tonnes of diesel from India next weekFinancial Express BangladeshBPC will receive this consignment of diesel having 0.03 per cent sulphur content at Parbatipur in Bangladesh. The benchmark price of Indian diesel will be similar to the price that BPC currently imports having 0.05 per cent sulphur content from ...
Tuesday 15 March 2016
#mehangai news - OMCs to approach govt, EC over petrol, diesel price hike: Srcs
OMCs to approach govt, EC over petrol, diesel price hike: SrcsMoneycontrol.comLive Sensex · Public Sector Banks · Market Statistics · Plan Insurance · Global Market · Business News · Mutual Fund · Best Portfolio Manager · Bse Sensex · Nse Nifty · Commodities Price · Silver Price/Rate in India · Gold Price/Rate in India · Crude ...
#mehangai news - Gain From Low Crude Prices Being Used for Infra Development: Jaitley
Daily News & AnalysisGain From Low Crude Prices Being Used for Infra Development: JaitleyNDTVArun Jaitley spoke on the issue in Lok Sabha while replying to a debate on the Budget 2016-17 during which members targeted he government for not reducing prices of petrol and diesel in proportion to the fall in crude prices in the international market.Gain from low crude prices being used for infra development: FM Arun JaitleyDaily News & Analysisall 175 news articles »
#mehangai news - Gain from low crude prices being used for infra development: FM Arun Jaitley
Daily News & AnalysisGain from low crude prices being used for infra development: FM Arun JaitleyDaily News & AnalysisAccording to Jaitley, many states have also hiked VAT (Value Added Tax) levied on fuel and such proceeds are used for public purpose only. Whatever has come to the central government is a small portion of excise or cess, he said, adding "we have spent ...and more »
Monday 14 March 2016
#mehangai news - Gain from low crude prices being used for infra development: FM Arun Jaitley
Gain from low crude prices being used for infra development: FM Arun JaitleyEconomic TimesNEW DELHI: Under attack for not passing on benefits of fall in crude prices to consumers, Finance Minister Arun Jaitley today said the savings are being used for developing infrastructure to push growth and create jobs besides enabling oil marketing ...and more »
#mehangai news - Chinese Crude Oil Imports - Prospects For Increased Growth
ForbesChinese Crude Oil Imports - Prospects For Increased GrowthForbesChinese refiners may be selling refined product domestically at a higher profit margin in light of the decision by the Chinese government not to force a reduction in retail fuel prices commensurate with crude oil price reduction. ... In addition to ...
#mehangai news - India Oil Demand Seen `Taking Off' as China Crude Growth Fades ...
BloombergIndia Oil Demand Seen `Taking Off' as China Crude Growth Fades ...BloombergIndia is replacing China as the center of the world's oil demand growth as it's economy expands faster than any other major country and a growing middle class ...and more »
#mehangai news - Low crude oil prices help BPCL's marketing business, make ...
Economic TimesLow crude oil prices help BPCL's marketing business, make ...Economic TimesBPCL has been a major beneficiary of the fall in crude oil prices and the resultant fall in underrecoveries in petroleum products.and more »
Friday 11 March 2016
#mehangai news - Petrol, diesel to cost Rs 1.50 less in UP
Petrol, diesel to cost Rs 1.50 less in UPTimes of IndiaLucknow: In a big relief to the residents of four states -- Uttar Pradesh, Uttarakhand, Haryana and Rajasthan -- three oil companies announced to bring down the retail selling price of petrol and diesel by Rs 1.56 and 1.41 respectively. The new rate of ...
Thursday 10 March 2016
#mehangai news - Bharat Petroleum seeks Euro 4 diesel in rare move
Reuters IndiaBharat Petroleum seeks Euro 4 diesel in rare moveTimes of India... grade diesel, traders said, as it depends on price. But this mirrored an unusual move by Indian Oil Corp (IOC) early last year when it sought to import petrol to cater to growing demand as the fuel was more expensive to buy from local refiners. IOC ...BPCL seeks Euro 4 diesel in rare move | ReutersReuters IndiaBPCL seeks Euro 4 diesel in rare moveReutersall 9 news articles »
Wednesday 9 March 2016
#mehangai news - South Africa's petrol price vs the world - BusinessTech
BusinessTechSouth Africa's petrol price vs the world - BusinessTechBusinessTechCurrent data shows that South Africa has some of the more affordable petrol in the world – but we're still spending more of our salaries on petrol than any…and more »
#mehangai news - BPCL seeks Euro 4 diesel in rare move - Times of India
Times of IndiaBPCL seeks Euro 4 diesel in rare move - Times of IndiaTimes of IndiaSINGAPORE: Bharat Petroleum Corporation Ltd (BPCL) is seeking 35,000 tonnes of Euro 4 diesel in a rare move to fill a supply void, traders said on ...and more »
#mehangai news - BPCL seeks Euro 4 diesel in rare move | Reuters
Reuters IndiaBPCL seeks Euro 4 diesel in rare move | ReutersReuters IndiaBharat Petroleum Corp Ltd (BPCL) is seeking 35000 tonnes of Euro 4 diesel in a rare move to fill a supply void, traders said on Wednesday.and more »
Tuesday 8 March 2016
#mehangai news - Petrol prices may rise in Goa post budget
Daily News & AnalysisPetrol prices may rise in Goa post budgetDaily News & AnalysisAccording to the Goa Chief Minister, people will not feel the pinch if Value Added Tax (VAT) is hiked as petrol prices are already down. Goa Chief Minister Laxmikant Parsekar on Tuesday hinted at increasing Value Added Tax (VAT) on petrol in the ...Petrol may become dearer in Goa post budgetBusiness Standardall 6 news articles »
Monday 7 March 2016
#mehangai news - TSRTC guzzles diesel but bags mileage award too
TSRTC guzzles diesel but bags mileage award tooThe HinduThe Telangana State Road Transport Corporation that operates about 10,500 buses post its bifurcation from the erstwhile Andhra Pradesh State RTC, consumes an estimated 6 lakh litres of high speed diesel (HSD) to transport slightly-over 90 lakh ...
#mehangai news - Petrol car sales rev up as diesel faces headwinds
Petrol car sales rev up as diesel faces headwindsBusiness Standard"The petrol vehicles sales (for the sector) grew at almost double the pace of the diesel sales. Penetration of the petrol vehicle increased from 54 per cent to 56 per cent, while that of diesel cars decreased from 46 per cent to 44 per cent. This led ...
Friday 4 March 2016
#mehangai news - Sushil Kedia Bets on Sharp Rebound in Crude Oil Prices
NDTVSushil Kedia Bets on Sharp Rebound in Crude Oil PricesNDTVDomestic petrol and diesel prices have fallen by nearly 20 per cent per cent over the last 20 months as global crude oil prices crashed from around $115 per barrel in June 2014 to $30-35 per barrel currently. Petrol is retailing at around Rs. 57 per ...
Thursday 3 March 2016
#mehangai news - Petrol, diesel prices to drop in state
Petrol, diesel prices to drop in stateTimes of IndiaMUMBAI: The price of petrol, diesel and kerosene will be reduced in Maharashtra soon, assured consumer protection minister Girish Bapat. The price of petrol will come down by 95 paise and diesel price will come down by 66 paise in the next 8 days, said ...
#mehangai news - Average price of diesel remains static after January's 5p fall
Average price of diesel remains static after January's 5p fallFleetNews“But the additional supply of diesel on the wholesale market brought about by greater refinery capacity in Saudi Arabia and India should mean prices remain comparatively stable for diesel motorists at the pump. “If it proves to be the case that oil ...and more »
#mehangai news - Reliance Industries' return to fuel retailing business not as spectacular as its debut
Reliance Industries' return to fuel retailing business not as spectacular as its debutEconomic TimesIn more than a year since diesel sales were deregulated in October 2014 and private players started reopening outlets, Reliance has gathered only 1.7% market share in diesel sales and 1.4% in petrol, according to industry data for December. In ...and more »
#mehangai news - Budget 2016: Diesel tax will not dent overall margins, says Pawan Goenka
Budget 2016: Diesel tax will not dent overall margins, says Pawan GoenkaEconomic TimesBudget 2016: Diesel tax will not dent overall margins, says Pawan Goenka ... executive director Pawan Goenka said that while the government's focus on agriculture, farmers, rural economy, infrastructure and social sectors are steps in the right ...
#mehangai news - Airlines protest fuel price hike, warn of CCI action
Airlines protest fuel price hike, warn of CCI actionThe HinduLeading domestic airlines demanded a rollback of a sudden 12 per cent hike in aviation turbine fuel (ATF) prices announced by oil companies on Tuesday and warned that they would be compelled to approach the Competition Commission of India (CCI) on ...and more »
Wednesday 2 March 2016
#mehangai news - This 75-Second Video Will Explain Why You Have To Pay So Much For Petrol In India
This 75-Second Video Will Explain Why You Have To Pay So Much For Petrol In IndiaYouth Ki AwaazThis 75-second video breaks down the price of petrol in India, one tax at a time. It gives a short but comprehensive understanding of how the State structures petrol costs. The objective is to demystify some of the common assumptions that consumers ...and more »
#mehangai news - Diesel tax will not dent overall sales: Pawan Goenka, ED, Mahindra & Mahindra
Diesel tax will not dent overall sales: Pawan Goenka, ED, Mahindra & MahindraEconomic TimesI do not think that is sufficient to really put thrust on Make in India and I was expecting a little bit more on that part of it. So, that was a bit of ... Diesel tax was not unexpected. There were some sort of rumours that diesel tax is being ...
#mehangai news - Petrol price cut Rs 3/litre; diesel costlier by Rs 1.47
Mathrubhumi English (press release)Petrol price cut Rs 3/litre; diesel costlier by Rs 1.47Mathrubhumi English (press release)Prior to that revision, fuel rates were revised on February 1 when petrol price was cut by a marginal 4 paise a litre and diesel by 3 paise a litre after the government raised excise duty to take away most of the benefit arising from fall in ...and more »
#mehangai news - Easing China Diesel Exports Offer Respite to Asian Refiners
BloombergEasing China Diesel Exports Offer Respite to Asian RefinersBloombergA slowdown in shipments will be a boon for refiners including Taiwan's Formosa Petrochemical Corp. and India's Hindustan Petroleum Corp. that have cited exports as a threat this year. China inundated regional markets with diesel since the second half ...and more »
#mehangai news - IOC cuts Petrol price by Rs 3.02 per litre
IOC cuts Petrol price by Rs 3.02 per litreMint Market InfoState-owned Indian Oil Corporation (IOC) has reduced Petrol prices by Rs 3.02 per litre, while it has increased diesel prices by Rs 1.47 per litre with effect from the midnight of February 29and March 1, 2016. The price of petrol in Delhi has become Rs ...
Tuesday 1 March 2016
#mehangai news - Oil and Gas stocks gain on cut in petrol price
Oil and Gas stocks gain on cut in petrol priceIndiainfolineGAIL (India) Ltd opened at Rs. 307.5 and has touched a high and low of Rs. 321.3 and Rs. 304.8 respectively. So far 1170929(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 38631.56 crore. The BSE group 'A' ...and more »
#mehangai news - Petrol Price Cut Rs 3/Litre; Diesel Gets Costlier By Rs 1.47 Hours After Budget 2016 Declaration
Petrol Price Cut Rs 3/Litre; Diesel Gets Costlier By Rs 1.47 Hours After Budget 2016 DeclarationNews World IndiaA litre of diesel, however, will cost Rs 46.43 a litre as compared to Rs 44.96 per litre, according to Indian Oil Corp (IOC), the nation's largest fuel retailer. This is the 7th straight reduction in price of petrol. Petrol price was last cut on ...
#mehangai news - Petrol, LPG cylinder cheaper; diesel, ATF to cost more from Feb. 29 midnight
Petrol, LPG cylinder cheaper; diesel, ATF to cost more from Feb. 29 midnightInternational Business Times, India EditionNon-branded diesel will cost Rs 46.43 in Delhi (earlier Rs 44.96) and Rs 53.06 in Mumbai. The retail price of Rs 44.96 included VAT of Rs 7.11, dealer commission Rs 1.43 and excise duty Rs 17.33, according to Indian Oil Corporation. The revised prices ...
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