Saturday 30 September 2017

#mehangai news - Two weeks after oil minister said petrol price would ease out, has it really fallen?

Financial ExpressTwo weeks after oil minister said petrol price would ease out, has it really fallen?Financial ExpressA worker counts Indian currency at a petrol pump in the northeastern Indian city of Siliguri February 5, 2008. India is set to raise retail petrol and diesel prices this week for the first time in 20 months, a senior oil ministry source said, as the ...and more »

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Friday 29 September 2017

#mehangai news - On soaring fuel prices, question everyone is asking: If global prices have fallen, why are we paying more?

India TodayOn soaring fuel prices, question everyone is asking: If global prices have fallen, why are we paying more?India TodayTo begin with, dynamic pricing was introduced as a natural progression of India's shift toward deregulated fuel prices. Petrol prices were first deregulated in 2010 (and diesel in 2014), though rates were then revised only on a fortnightly basis. This ...

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#mehangai news - Why GST on petrol, diesel may not mean cheap fuel

Hindu Business LineWhy GST on petrol, diesel may not mean cheap fuelHindu Business LineTraders and analysts believe that GST will bring down retail prices by only about ₹4-5 a litre, as there will be a cess on top of the 28 per cent GST in order to compensate the States and the Centre for the revenue loss. “Petrol and diesel are not sin ...and more »

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#mehangai news - Why India should walk away from the GE diesel engine JV

Moneycontrol.comWhy India should walk away from the GE diesel engine JVMoneycontrol.comThis, however, is not being seen to be the case in the General Electric – Indian Railways JV. Indian Railways, under the then railway minister Suresh Prabhu, announced a JV with General Electric (GE), whereby the latter was expected to supply 1,000 ...and more »

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Thursday 28 September 2017

#mehangai news - Why India should walk away from the GE diesel engine JV

Moneycontrol.comWhy India should walk away from the GE diesel engine JVMoneycontrol.comIndian Railways, under the then railway minister Suresh Prabhu, announced a JV with General Electric (GE), whereby the latter was expected to supply 1,000 diesel locomotives. GE, as part of the Rs 14,656 crore deal was to supply 100 locomotives from ...and more »

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#mehangai news - You can soon buy petrol, diesel online

Zee BusinessYou can soon buy petrol, diesel onlineZee BusinessFrom June 16, 2017, petrol and diesel prices are being revised on daily basis. Till now customers can only check the daily price revision in these petroleum product, and looks like will be soon able to purchase them. Indian Oil has provided four modes ...Petrol, Diesel under GST: In politics vs economics, the govt is walking a tight ropeIndia TVPetroleum products to be sold on e-commerce platforms soon: PradhanBusiness StandardPetrol and Diesel prices are coming down – petroleum ministerNews Release India (press release) (blog)all 28 news articles »

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#mehangai news - Reduce petrol prices

Reduce petrol pricesTimes of IndiaPrice of petrol in Delhi was Rs 70.52 and diesel Rs 58.79 on Sep 20. Oil Companies derive at this price by applying Central Govt.'s Excise Duty, Dealer's Commission and State's VAT on the prices oil Companies sell to the dealer. Let us see how petrol ...and more »

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#mehangai news - BJP's Raosaheb Danve defends drought cess on petrol: 'Should be prepared for any situation'

The Indian ExpressBJP's Raosaheb Danve defends drought cess on petrol: 'Should be prepared for any situation'The Indian ExpressDanve said he had held discussions with officials of the Union Petroleum Ministry, who said the prices were not merely decided by the international market, but even on the cost of transportation of products, and the taxes levied by the state government ...and more »

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Wednesday 27 September 2017

#mehangai news - Petrol, Diesel under GST: In politics vs economics, the govt is walking a tight rope

India TVPetrol, Diesel under GST: In politics vs economics, the govt is walking a tight ropeIndia TVWith the daily price revisions taking away much of the impact with minimal surges, matters came to a pass when petrol and diesel prices returned to the levels of 2014, just before the Narendra Modi government had shot to power with a thumping majority ...Petroleum products to be sold on e-commerce platforms soon: PradhanBusiness StandardBring Petrol and Diesel under GSTTimes of Indiaall 11 news articles »

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#mehangai news - Jeep Compass With 1.6-Litre Diesel Engine Spotted Testing In India — Prices To Come Down?

DriveSpark.comJeep Compass With 1.6-Litre Diesel Engine Spotted Testing In India — Prices To Come Down?DriveSpark.comThe Jeep Compass has shaken up the premium SUV segment in India with its aggressive pricing. With prices starting from Rs 15.16 lakh, the Compass SUV rivals the likes of Mahindra XUV500, Tata Hexa, Hyundai Creta and probably even the Toyota ...and more »

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#mehangai news - 'Bring fuel prices under GST'

'Bring fuel prices under GST'The HinduPetroleum products should be brought under the ambit of the GST regime to check the increasing prices, Union Petroleum Minister Dharmendra Pradhan has said. Addressing mediapersons here on Tuesday, Mr. Pradhan said his Ministry had given a ...

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#mehangai news - The lowdown on the petrol pricing policy - NATIONAL - The Hindu

The HinduThe lowdown on the petrol pricing policy - NATIONAL - The HinduThe HinduAmid protests against the recent spike in petrol and diesel prices, Union Petroleum Minister Dharmendra Pradhan has ruled out the possibility of an end to the ...FACT FILE : Decoding Why We Pay So Much For Fuel - BoomLiveBoom Liveall 2 news articles »

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Tuesday 26 September 2017

#mehangai news - FACT FILE : Decoding Why We Pay So Much For Fuel

Boom LiveFACT FILE : Decoding Why We Pay So Much For FuelBoom LiveSoaring fuel prices have been in the headlines over the past few weeks as the Narendra Modi led BJP government came under fire on social media for failing to rein in prices . In 2012, when crude oil prices were at $111.9 per barrel, petrol prices were ...and more »

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#mehangai news - Daily price change: Petrol, diesel rates up 8% since mid-June

Zee NewsDaily price change: Petrol, diesel rates up 8% since mid-JuneZee NewsNew Delhi: Petrol and diesel prices have jumped 8 percent since daily price revision was implemented in mid-June, Icra said on Tuesday, warning that a sustained price hike can hit demand growth and create inflationary pressures. The rise in fuel rates ...Indian refining companies to get a short term lift on GRM: ICRAIndiainfolineall 2 news articles »

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#mehangai news - Petrol price hike: Congress steps up protest in Mumbai, demands GST on petroleum products

Hindustan TimesPetrol price hike: Congress steps up protest in Mumbai, demands GST on petroleum productsHindustan TimesThe Congress has stepped up its protest against the rising prices of petrol, and has demanded that petroleum products be brought under the Goods and Services Tax (GST). After the protest at 70 city petrol pumps, the Mumbai Congress will hold a cycle ...and more »

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#mehangai news - With govt revenues under strain, petroleum products may stay out of GST for a while

Moneycontrol.comWith govt revenues under strain, petroleum products may stay out of GST for a whileMoneycontrol.comOver the same period, international crude prices have more than halved from around USD 110 per barrel to USD 50 per barrel. This effectively means Indian consumers are paying almost the same for petrol and diesel when crude was at USD 110 per barrel.and more »

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#mehangai news - Petrol, diesel prices: 'India's fuel rates have not violated global pattern'

Financial ExpressPetrol, diesel prices: 'India's fuel rates have not violated global pattern'Financial ExpressIf retail sale price of petrol and diesel is as high as it was when the global crude price was twice as high, state-run oil marketing companies haven't much do about it: Their profits haven't jumped. Of course, these firms haven't been suffering from ...

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Monday 25 September 2017

#mehangai news - Should you buy a car when fuel prices are high?

LivemintShould you buy a car when fuel prices are high?LivemintPetrol and diesel prices in India have increased consistently since the daily price revisions started, despite global oil prices heading the other way for most of this period. This makes owning a car more expensive, but it applies equally to other ...

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#mehangai news - Slowdown dashes fuel price cut hope

The TelegraphSlowdown dashes fuel price cut hopeThe TelegraphNew Delhi, Sept. 24: A feared revenue shortfall on account of the economic slowdown has scuttled the chances of a cut in petrol and diesel prices as any cut would have lowered government collections from fuel levies. Petrol and diesel prices have been ...

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Sunday 24 September 2017

#mehangai news - The lowdown on the petrol pricing policy - The Hindu

The HinduThe lowdown on the petrol pricing policy - The HinduThe HinduAmid protests against the recent spike in petrol and diesel prices, Union Petroleum Minister Dharmendra Pradhan has ruled out the possibility of an end to the ...Petrol prices have started falling, will continue to fall, Oil Minister ...India TodayPetrol prices have started falling, says Dharmendra PradhanHindustan TimesDharmendra Pradhan for petrol, diesel pricing under GST regimeEconomic TimesNews Nation -Financial Expressall 25 news articles »

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Saturday 23 September 2017

#mehangai news - Petrol prices have started falling, says Dharmendra Pradhan

Hindustan TimesPetrol prices have started falling, says Dharmendra PradhanHindustan TimesFollowing protests over a hike in petrol prices across the country, Union petroleum minister Dharmendra Pradhan said on Saturday the prices of the fuel had already started going down. “The prices have started decreasing. The prices have even gone down ...Petrol prices have started falling, will continue to fall, Oil Minister Dharmendra Pradhan saysIndia TodayBy Diwali, we will increase jobless people, then reduction in demand from office goers will reduce fuel prices ...Firstpost (satire)all 6 news articles »

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#mehangai news - Petrol prices have started falling, will continue to fall, Oil Minister Dharmendra Pradhan says

India TodayPetrol prices have started falling, will continue to fall, Oil Minister Dharmendra Pradhan saysIndia TodayPetrol prices in India have started falling, Oil Minister Dharmendra Pradhan said, claiming that the fall would continue and would soon bring relief to citizens. "Petrol prices have fallen by a few paise in the last two days... the prices will fall ...Fuel Prices Have Already Started Going Down, Says Petroleum Minister Dharmendra PradhanOutlook IndiaBy Diwali, we will increase jobless people, then reduction in demand from office goers will reduce fuel prices ...Firstpost (satire)all 6 news articles »

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#mehangai news - Petrol prices pumps in Pyongyang following UN sanctions

The Indian ExpressPetrol prices pumps in Pyongyang following UN sanctionsThe Indian ExpressPetrol prices are being pumped higher in Pyongyang in the wake of United Nations sanctions restricting exports of oil products to nuclear-armed North Korea. Retail prices have gone up around 20 percent in two months, AFP saw in the capital. Earlier ...

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#mehangai news - Youth Congress to gather at petrol pumps across India to protest fuel price hike

Hindustan TimesYouth Congress to gather at petrol pumps across India to protest fuel price hikeHindustan TimesThe Youth Congress will soon launch a novel protest against the hike in prices of petroleum products across the country. Instead of protesting on streets, Youth Congress workers will gather at petrol pumps with placards showing comparative fuel prices ...

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#mehangai news - Petrol, diesel price hikes: Oil rates have halved since 2014, but retail ones not falling; here is what really happened

Financial ExpressPetrol, diesel price hikes: Oil rates have halved since 2014, but retail ones not falling; here is what really happenedFinancial ExpressEven though global oil prices have halved since June 2014, retail prices of petrol and diesel in India have remained more or less unchanged since then. High central and state taxes have offset any easing of prices that could have been possible because ...Debate on Petrol-Diesel pricingDaily Excelsiorall 3 news articles »

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Friday 22 September 2017

#mehangai news - As Milk Prices Go Up, Bihar Links Hike To New Tax Regime, Diesel Prices

NDTVAs Milk Prices Go Up, Bihar Links Hike To New Tax Regime, Diesel PricesNDTVPATNA: Even before Nitish Kumar returned to the NDA last month, the Bihar Chief Minister had been supportive of the BJP-led national coalition's decisions like the Goods and Services Tax, or GST, and deregulation of diesel prices. But that didn't stop ...Milk blow, peda salve - The TelegraphThe Telegraphall 6 news articles »

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#mehangai news - Why Arun Jaitley is unable to cut petrol,diesel prices

Times of IndiaWhy Arun Jaitley is unable to cut petrol,diesel pricesTimes of IndiaIn August, the Reserve Bank of India (RBI) transferred only Rs 30,659 crore -- less than half the amount of Rs 65,876 crore it transferred to last year -- as dividend implying lesser non-tax revenues for the year. Analysts said that the major reason ...Denial to acceptanceThe TribuneMeasures soon to revive growth: Arun JaitleyDaily News & Analysisall 52 news articles »

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#mehangai news - Govt sensitive, will take right decision: BJP on fuel prices | The ...

The Indian ExpressGovt sensitive, will take right decision: BJP on fuel prices | The ...The Indian ExpressTill mid-June this year, the state oil companies had been used to revise prices fortnightly to align them with international rates and factor in fluctuation of currency ...Let petroleum regulator fix oil prices - The TribuneThe TribuneOil cartel's hand in high petrol prices - The StatesmanThe StatesmanBurning oil: Who gains and by how much? | Business Standard NewsBusiness Standardall 5 news articles »

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#mehangai news - As Milk Prices Go Up, Bihar Links Hike To New Tax Regime, Diesel Prices

As Milk Prices Go Up, Bihar Links Hike To New Tax Regime, Diesel PricesNDTVPATNA: Even before Nitish Kumar returned to the NDA last month, the Bihar Chief Minister had been supportive of the BJP-led national coalition's decisions like the Goods and Services Tax, or GST, and deregulation of diesel prices. But that didn't stop ...and more »

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#mehangai news - Want cheaper petrol and diesel? Go to Andaman and save upto Rs 18.72 per litre

India TodayWant cheaper petrol and diesel? Go to Andaman and save upto Rs 18.72 per litreIndia TodayThe VAT rates vary for different states resulting in sharp difference in petroleum prices. At present, petrol is being sold almost at Rs 80 a litre in Mumbai, but the same fuel can be purchased for less than Rs 61 in Andaman and Nicobar Islands or ...Take reform to fuelThe Indian ExpressStates want Centre to compensate loss if petro products brought under GSTHindustan TimesCongress protests in Delhi against high fuel pricesIndia.comTimes of India -Web India 123all 26 news articles »

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Thursday 21 September 2017

#mehangai news - Why high petrol prices hurt

Hindu Business LineWhy high petrol prices hurtHindu Business LineOr, for after-sales service technicians who need to criss-cross across urban and rural India, fixing problems customers face with consumer goods. While those employed by companies would get reimbursement for petrol expenses, those in the informal ...

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#mehangai news - Arun Jaitley: Package soon to boost economy; no cuts in fuel rates

Economic TimesArun Jaitley: Package soon to boost economy; no cuts in fuel ratesEconomic TimesExperts have called for measures to stimulate the economy after GDP growth slumped to a three year low of 5.7% in the April-June quarter.Need revenue for public spending: Jaitley on high oil taxesZee NewsGovt to take 'additional measures' to tackle economic growth: JaitleyThe Asian AgeStimulus on the cards to boost growth: FMMumbai MirrorBusiness Standardall 133 news articles »

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#mehangai news - Will High Fuel Prices Pay For Bullet Train Loan, Shiv Sena Asks Centre

NDTVWill High Fuel Prices Pay For Bullet Train Loan, Shiv Sena Asks CentreNDTV"During the UPA regime, crude oil prices were 130 dollars a barrel, yet petrol and diesel prices were never increased more than Rs. 70 and Rs. 53 per litre respectively. Yet the opposition hit the streets to protest the high prices and even disrupted ...Is fuel price hike imposed to recover interest on bullet train loan, asks Shiv SenaAPN LiveAre the high fuel prices a means to payback loan to Japan: Shiv SenaThe Indian Wireall 19 news articles »

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#mehangai news - Take reform to fuel

The Indian ExpressTake reform to fuelThe Indian ExpressThere is, however, a case for adjusting the excise duty rates and make them equal for both diesel and petrol. This can be done in a way that does not change the excise duty revenue of the central government. It will increase the price of diesel by two ...and more »

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Wednesday 20 September 2017

#mehangai news - Delhi Congress workers to form human chain to protest high petrol, diesel prices

Daily PioneerDelhi Congress workers to form human chain to protest high petrol, diesel pricesDaily PioneerDelhi Congress on Tuesday announced to create a human chain on September 21 from Mandi House crossing to Parliament Street to make people aware of the all-time high prices of petrol and diesel due to the hike in excise duty and VAT. Delhi Congress ...Delhi Congress workers to form human chain to protest high petrol ...The Indian ExpressDelhi Cong to protest rise in fuel pricesHindustan TimesDelhi Congress Workers Protest High Petrol, Diesel Prices With Human ChainIndia Westall 11 news articles »

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#mehangai news - Petrol, diesel price hikes, farmers crisis: Opposition parties, Sharad Yadav faction in JDU plan joint protest in Oct

Financial ExpressPetrol, diesel price hikes, farmers crisis: Opposition parties, Sharad Yadav faction in JDU plan joint protest in OctFinancial ExpressAccording to Indian Express sources, leading Opposition leaders including Congress President Sonia Gandhi, rebel Janata Dal United (JDU) leader Sharad Yadav and CPM's Sitaram Yechury met on September 18 to plan the event. The dates and other ...

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#mehangai news - Delhi Congress workers to form human chain to protest high petrol, diesel prices

The Indian ExpressDelhi Congress workers to form human chain to protest high petrol, diesel pricesDaily PioneerDelhi Congress on Tuesday announced to create a human chain on September 21 from Mandi House crossing to Parliament Street to make people aware of the all-time high prices of petrol and diesel due to the hike in excise duty and VAT. Delhi Congress ...Delhi Congress workers to form human chain to protest high petrol ...The Indian ExpressDelhi Cong to protest rise in fuel pricesHindustan TimesDelhi Congress Workers Protest High Petrol, Diesel Prices With Human ChainIndia Westall 11 news articles »

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#mehangai news - The Centre could cut taxes on fuel to provide relief from rising prices, but here's why it might not

Scroll.inThe Centre could cut taxes on fuel to provide relief from rising prices, but here's why it might notScroll.inFor a long time, as global prices of crude oil shot up, the Indian oil producing and marketing companies were asked to sell their products – such as diesel, petrol – at prices lower than those prevailing internationally. These companies still made ...and more »

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#mehangai news - AAP To Launch Nationwide Campaign Against High Petrol Prices

NDTVAAP To Launch Nationwide Campaign Against High Petrol PricesNDTVThe Aam Aadmi Party (AAP) on Tuesday said it will launch a nationwide campaign against the high petrol prices. All India ... "What has government to do with this (high petrol price)? Why is the government not controlling these companies?" the leader asked.and more »

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Tuesday 19 September 2017

#mehangai news - Petrol and diesel prices to drop soon in India, says Dharmendra Pradhan

OverdrivePetrol and diesel prices to drop soon in India, says Dharmendra PradhanOverdriveThe steep rise in the petrol and diesel prices have attracted quite a criticism despite the lower crude oil prices in the international market. However, the higher fuel prices are a result of the heavy taxation that includes the VAT and central excise ...Petrol, diesel can be brought under GST to reduce prices; here's why govt doesn'tBusiness TodayHow GST may impact petrol, diesel price – Check out tax chartZee NewsWhat caused the hike in fuel prices and how Modi govt can put a lid on itBusiness StandardFirstpost -Times of India -Economic Timesall 79 news articles »

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#mehangai news - Delhi Congress workers to form human chain to protest high petrol, diesel prices

The Indian ExpressDelhi Congress workers to form human chain to protest high petrol, diesel pricesThe Indian ExpressMaken said that it was “saddening” that countries like Sri Lanka that import the fuels from India sell it at “lower prices” as they do not impose “unnecessary taxes” on these products. Delhi Congress workers in the last three days staged protests at ...Oil's not well as petrol nudges Rs 80 a litreAutocar Professionalall 3 news articles »

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#mehangai news - Alphons Kannanthanam's thoughtless remark on petrol price reveals the mindset: Our rulers needn't care what we think

Economic TimesAlphons Kannanthanam's thoughtless remark on petrol price reveals the mindset: Our rulers needn't care what we thinkEconomic TimesA 2013 Nielsen report for the petroleum ministry found 58.45% of India's retail demand for diesel was for public transport and commercial (chiefly goods) vehicles, 14.11% for agriculture and 8.22% for industry and mobile towers. The proportions cannot ...and more »

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#mehangai news - Alphons Kannanthanam's thoughtless remark on petrol price reveals the mindset: Our rulers needn't care what we think

Economic TimesAlphons Kannanthanam's thoughtless remark on petrol price reveals the mindset: Our rulers needn't care what we thinkEconomic TimesA 2013 Nielsen report for the petroleum ministry found 58.45% of India's retail demand for diesel was for public transport and commercial (chiefly goods) vehicles, 14.11% for agriculture and 8.22% for industry and mobile towers. The proportions cannot ...and more »

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#mehangai news - News Live: Govt sees lower petrol, diesel prices by Diwali

News Live: Govt sees lower petrol, diesel prices by DiwaliMoneycontrol.comShe is believed to be currently hiding out in Pokhra region of Eastern Nepal. The local police is cooperating with their Indian counterparts to find her, setting up special teams for combing operation. Meanwhile, Haryana Police has sent officers in ...

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#mehangai news - Petrol, diesel can be brought under GST to reduce prices; here's why govt doesn't

Business TodayPetrol, diesel can be brought under GST to reduce prices; here's why govt doesn'tBusiness TodayPetroleum products have been left outside the ambit of GST as these form a major source of revenue for the cash-strapped states who have refused to let go of the lucrative source despite the Centre arguing in favour of a uniform all-India tax for the ...High petrol, diesel prices: States may protest, but govt needs to quickly bring fuel products under GSTFirstpostPetrol and diesel prices to drop soon in India, says Dharmendra PradhanOverdriveDharmendra Pradhan: Fuel prices may come down by DiwaliTimes of IndiaIndia.com -NDTV -The Hans Indiaall 63 news articles »

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Monday 18 September 2017

#mehangai news - BJD 'hartal' against petrol price hike turns violent at several places across Odisha

PragativadiBJD 'hartal' against petrol price hike turns violent at several places across OdishaTimes of IndiaBHUBANESWAR: A state-wide hartal called by the ruling Biju Janata Dal (BJD) from 7 am to 12 noon on Monday protesting rising petrol price turned violent at several places. The protestors waylaid commuters, thrashed and assaulted them and damaged ...BJD calls for strike on Monday, to protest against petrol, diesel price hikeFirstpostStrike & march, all in a dayThe Telegraphall 65 news articles »

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#mehangai news - Petrol politics: Nitish Kumar goes soft, three years after mocking Narendra Modi's 'achhe din' promise

Financial ExpressPetrol politics: Nitish Kumar goes soft, three years after mocking Narendra Modi's 'achhe din' promiseFinancial ExpressSpeaking during his 'Jansamwad' programme in Patna on Monday, Kumar said if petrol-diesel prices have increased, they will come down too, NDTV India reported. Kumar's remark comes at a time when fuel prices are at a three-year high when international ...and more »

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#mehangai news - Mathematics of rising petrol, diesel prices: Blame govt taxes, not crude oil for steep hike in cost of petroleum ...

India TVMathematics of rising petrol, diesel prices: Blame govt taxes, not crude oil for steep hike in cost of petroleum ...India TVHowever, considering that the price of petrol is at almost the same level that it was in March 2014, two months before the Modi government stormed to power, and the price of Indian basket of crude oil stood at $108.6 per barrel – double the price that ...Petrol and diesel price hike in India, where international crude price is at all time lowNews NationHike in petrol/diesel prices tax-driven, not market-driven: ASSOCHAMETAuto.comall 12 news articles »

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#mehangai news - High petrol, diesel prices: Government must find another way to get rich

DailyOHigh petrol, diesel prices: Government must find another way to get richDailyOIn India, no other product links the common man with the global market directly like petroleum prices. However, even this close relationship doesn't justify the basic principles of a liberal market. In fact, it is a government-controlled liberal market ...

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#mehangai news - Petrol/diesel prices not market driven, but tax driven, Centre, states should cut levies: ASSOCHAM

Petrol/diesel prices not market driven, but tax driven, Centre, states should cut levies: ASSOCHAMBusiness StandardWith USD 107 per barrel, the retail price of auto fuel was 71.51 per litre, then how come it is about the same when the Indian basket of crude is trading at half that level at 53.83 per barrel, the consumers would ask. If the prices are market ...and more »

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#mehangai news - Mudda Aj ka: Petrol, diesel costliest in India while international crude price is at all time low

News NationMudda Aj ka: Petrol, diesel costliest in India while international crude price is at all time lowNews NationThe price of petrol and diesel in the international markets have steadily declined due to fall in cude oil prices per barrel but the same has not reflected in the Indian markets. To the contrary the petrol and diesel prices in India have shown steep ...As petrol, diesel prices skyrocket, Youth Congress marches to gift spectacles to petroleum ministerFirstpostPetrol price: GST has good news in storeThe Hans IndiaWho gained from falling oil prices?Pune MirrorWeb India 123 -Livemint -Indialivetodayall 28 news articles »

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#mehangai news - High petrol, diesel prices: States may protest, but govt needs to quickly bring fuel products under GST

FirstpostHigh petrol, diesel prices: States may protest, but govt needs to quickly bring fuel products under GSTFirstpostBut Pradhan has also gone on record citing at least a dozen countries that sell petroleum products at prices higher than India. This may seem to be a contradictory stand but it isn't. These countries have an agenda---to discourage the consumption of ...and more »

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#mehangai news - Petrol and diesel price hike in India, where international crude price is at all time low

News NationPetrol and diesel price hike in India, where international crude price is at all time lowNews NationSince 2014 the price of petrol and diesel in India have been increased nine times as a result of increase in excise duties. In 2014 the excise duty on petrol was Rs 9.20 which in 2017 stands at Rs 21.48.Congress begins signature campaign against fuel price riseHindustan TimesHike in petrol/diesel prices tax-driven, not market-driven: ASSOCHAMThe Hans IndiaNationwide protest by Congress against 'draconian' fuel price hikeOneindiaThe Tribune -The Indian Wire -The Indian Wireall 67 news articles »

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#mehangai news - When fuel comes pricey

Daily PioneerWhen fuel comes priceyDaily PioneerHowever, India has excess refining capacity for petroleum. Indeed, companies like Reliance and Essar make a bulk of their profits from refined petroleum exports. So, there appears to be no logical reason for petrol and diesel prices to have increased.

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Sunday 17 September 2017

#mehangai news - BJD calls for strike on Monday, to protest against petrol, diesel price hike

FirstpostBJD calls for strike on Monday, to protest against petrol, diesel price hikeFirstpostWhile the international crude price had fallen, the NDA government has failed to take steps to reduce the price of petrol and diesel, they said. Stating that frequent increase in fuel price had adverse impact on the common people, the BJD leaders said ...Ruckus in Odisha Assly over hike in petrol and diesel price, House adjourned till 1500 hrsWeb India 123all 23 news articles »

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#mehangai news - BJD announces hartal in Odisha against petrol price hike

FirstpostBJD announces hartal in Odisha against petrol price hikeIndia.comBhubaneswar, Sep 17 (PTI) The ruling Biju Janata Dal (BJD) today announced that it would stage a “hartal” across Odisha tomorrow to protest the steep hike in the price of petrol and diesel despite a slide in crude oil price in the international market ...Cong, BJD raise fuel price, BJP cries dealThe Telegraphall 23 news articles »

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#mehangai news - Congress begins signature campaign against fuel price rise

The Indian ExpressCongress begins signature campaign against fuel price riseHindustan TimesDelhi Congress chief Ajay Maken on Sunday began a campaign in the national capital to collect 10 lakh signatures against the rise in the price of petrol and diesel. He said the party will stage a protest on September 20 at Jantar Mantar to demand ...Congress to launch nationwide protest against fuel pricesThe Indian ExpressHike in petrol/diesel prices tax-driven, not market-driven: ASSOCHAMThe Hans IndiaPetrol price hike– Daylight RobberyAfternoon VoiceOneindia -The Indian Wire -The Indian Wireall 50 news articles »

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#mehangai news - Diesel price: Petrol, diesel price rise saga explained, Energy News ...

ETEnergyworld.comDiesel price: Petrol, diesel price rise saga explained, Energy News ...ETEnergyworld.comPetrol, diesel price rise saga explained The rise in petrol and diesel prices has been making news for the last week or so. Change in fuel price indeed has far ...Hike in petrol/diesel prices tax-driven, not market-driven: ASSOCHAMThe Hans IndiaCPI protests hike in fuel prices - Tribune IndiaThe Tribuneall 9 news articles »

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#mehangai news - Hike in petrol/diesel prices tax-driven, not market-driven: ASSOCHAM

The Hans IndiaHike in petrol/diesel prices tax-driven, not market-driven: ASSOCHAMThe Hans IndiaAmid the recent hike in the prices of petrol and diesel being attributed to wavering market price of crude oil, the ASSOCHAM, while dismissing the same, stated that even though the pricing regime is linked to market-determined rates, a sharp hike in ...CPI protests hike in fuel pricesThe Tribuneall 9 news articles »

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#mehangai news - Why govt is wrong that car, bike buyers are rich enough to afford high petrol, diesel prices

India TodayWhy govt is wrong that car, bike buyers are rich enough to afford high petrol, diesel pricesZee BusinessBoth petrol and diesel prices in India have reached at 3-year high on the back of higher taxes being levied by the government. Even wholesale inflation in August rose to a 4-month high due to food and fuel prices. But the government seems to be in no ...Tourism minister KJ Alphons justifies fuel price hike, says 'someone who has a car is not starving'FirstpostWho buys petrol? Somebody who has a car; certainly he is not starving: Minister Alphons KannanthanamTimes NowDemolition man KJ Alphons Kannanthanam justifies petrol price hike: Car owners are not starving, can afford itIndia TodayOutlook India -India TV -The Hans India -Twitterall 73 news articles »

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#mehangai news - Petrol, diesel prices not market driven, but tax driven: ASSOCHAM

The TribunePetrol, diesel prices not market driven, but tax driven: ASSOCHAMTimes of IndiaMANGALURU: Consumer is getting restive about a three year high in the petrol and diesel prices because he/she feels the concept of market-determined rates was tampered with by frequent tax hikes when crude oil prices fell steeply and are ruling at ...Hike in petrol/diesel prices tax-driven, not market-driven: ASSOCHAMBusiness StandardCPI protests hike in fuel pricesThe Tribuneall 9 news articles »

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#mehangai news - Hike in petrol/diesel prices tax-driven, not market-driven: ASSOCHAM

Hike in petrol/diesel prices tax-driven, not market-driven: ASSOCHAMBusiness StandardAmid the recent hike in the prices of petrol and diesel being attributed to wavering market price of crude oil, the ASSOCHAM, while dismissing the same, stated that even though the pricing regime is linked to market-determined rates, a sharp hike in ...

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#mehangai news - CPI protests hike in fuel prices

CPI protests hike in fuel pricesThe Tribune... that despite the fall in the crude oil prices in the international market, the government continued to fleece the citizens. “The prices of petrol and diesel have come down in Pakistan, the US and other countries, but they continue to increase in ...

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Saturday 16 September 2017

#mehangai news - On Rs 26.7/litre, you pay tax of Rs 44, here's how: Daily revision of petrol price explained

The Hans IndiaOn Rs 26.7/litre, you pay tax of Rs 44, here's how: Daily revision of petrol price explainedDaily News & AnalysisMeanwhile, here's how the dynamic fuel price works: The state-run fuel retailers, Indian Oil Corporation, Hindustan Petroleum and Bharat Petroleum revise prices based on international price and currency exchange rate. Also now, the petrol pumps follow ...Petrol price: GST has good news in storeThe Hans IndiaRise in Oil prices hits economy hardThe Shillong TimesPetroleum products must come under GST: Dharmendra PradhanThe Indian ExpressIndia Samvad -Firstpost -Web India 123all 17 news articles »

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#mehangai news - Petrol,diesel prices not market driven, but tax driven, Centre, states should cut levies: ASSOCHAM

Petrol,diesel prices not market driven, but tax driven, Centre, states should cut levies: ASSOCHAMindiabloomsNew Delhi, Sept 16 (IBNS): Consumer is getting restive about a three year high in the petrol and diesel prices because he/she feels the concept of market-determined rates was tampered with by frequent tax hikes when the crude oil prices fell steeply ...and more »

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#mehangai news - Tourism minister KJ Alphons justifies petrol hike: Car owners are not starving, can afford it

Economic TimesTourism minister KJ Alphons justifies petrol hike: Car owners are not starving, can afford itEconomic TimesCongress leader and former petroleum minister Veerappa Moily attacked Alphons saying it was an atrocious statement. "This is how bureaucrats, who come to politics, have no understanding of people's problems. Many of the ministers in Modi's government ...Who buys petrol? Somebody who has a car, bike; certainly he is not starving, says Minister Alphons KannanthanamFinancial Express'Car Owners Not Starving, Can Afford It': Union Tourism Minister KJ Alphons Justifies Petrol Price HikeNews18Tourism minister KJ Alphons justifies fuel price hike, says 'someone who has a car is not starving'FirstpostTimes Now -India Today -India.comall 32 news articles »

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#mehangai news - 'Car Owners Not Starving, Can Afford It': Union Tourism Minister KJ Alphons Justifies Petrol Price Hike

Financial Express'Car Owners Not Starving, Can Afford It': Union Tourism Minister KJ Alphons Justifies Petrol Price HikeNews18... Can Afford It': Alphons Justifies Petrol Price Hike; AIIMS Fellowship Programme January 2018 Online Registration Begins at aiimsexams.org; Last Date October 5th; Inspired by 'Fake Babas' List, AIMPLB Might Act Against 'Fake Maulanas'; India Slams ...Tourism minister KJ Alphons justifies fuel price hike, says 'someone who has a car is not starving'FirstpostWho buys petrol? Somebody who has a car, bike; certainly he is not starving, says Minister Alphons KannanthanamFinancial ExpressTourism minister KJ Alphons justifies petrol hike: Car owners are not starving, can afford itEconomic TimesTimes Now -India Today -India.comall 31 news articles »

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#mehangai news - Petrol/diesel prices not market driven, but tax driven, Centre, states should cut levies: ASSOCHAM

Petrol/diesel prices not market driven, but tax driven, Centre, states should cut levies: ASSOCHAMWeb India 123Consumer is getting restive about a three year high in the petrol and diesel prices because he/she feels the concept of market-determined rates was tampered with by frequent tax hikes when the crude oil prices fell steeply and are ruling at exactly ...

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#mehangai news - Nationwide protest by Congress against 'draconian' fuel price hike

OneindiaNationwide protest by Congress against 'draconian' fuel price hikeOneindiaNew Delhi, Sep 16: Come September 20, the opposition Congress is all set to start a massive nationwide protest against the "draconian" fuel tax which has led to the astronomical rise in petrol and diesel prices in the recent times. The Congress made ...Congress to launch nationwide protest against fuel pricesThe Indian ExpressCongress lines up oil 'loot' protestsThe TelegraphCongress to protest fuel price hikeThe Hans IndiaIndia TVall 18 news articles »

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#mehangai news - Demolition man KJ Alphons justifies petrol price hike: Car owners are not starving, can afford it

India TodayDemolition man KJ Alphons justifies petrol price hike: Car owners are not starving, can afford itIndia TodayKj "We are imposing the taxes because the poor of this country will have a dignified life, they will have toilets, houses. All this money that is being collected is not being stolen by our Prime Minister or by the minsiters. That is an intentional ...'Car Owners Not Starving, Can Afford It': Union Tourism Minister KJ Alphons Justifies Petrol Price HikeNews18Petrol, diesel price hikes: Who buys petrol? Somebody who has a car, bike; certainly he is not starving, says ...Financial ExpressVehicle Owners Not Starving, Can Afford Petrol Price Hike: Union Minister Alphons KannanthanamIndia.comFirstpost -Oneindiaall 10 news articles »

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#mehangai news - Tourism minister KJ Alphons justifies fuel price hike, says 'someone who has a car is not starving'

Financial ExpressTourism minister KJ Alphons justifies fuel price hike, says 'someone who has a car is not starving'Firstpost"Mr Pradhan please use these spectacles and see the reality, see the common man's suffering, see the fall in international crude oil price... See the plight of common man and immediate measure to control the exorbitant rise of petrol-diesel price," a ...Petrol, diesel price hikes: Who buys petrol? Somebody who has a car, bike; certainly he is not starving, says ...Financial ExpressDemolition man KJ Alphons justifies petrol price hike: Car owners are not starving, can afford itIndia Todayall 10 news articles »

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#mehangai news - Vehicle Owners Not Starving, Can Afford Petrol Price Hike: Alphons Kannanthanam

India.comVehicle Owners Not Starving, Can Afford Petrol Price Hike: Alphons KannanthanamIndia.comNew Delhi, September 16: Union Minister of State for Tourism and IT Alphons Kannanthanam on Saturday justified the skyrocketing fuel prices across the country saying the one who can afford a vehicle has to shell out money. “Who buys petrol? Somebody ...Petrol, diesel price hikes: Who buys petrol? Somebody who has a car, bike; certainly he is not starving, says ...Financial Express'We Will Tax Those Who Can Afford it': KJ Alphons Justifies Petrol Price HikeNews18Tourism minister KJ Alphons justifies fuel price hike, says 'someone who has a car is not starving'FirstpostOneindiaall 8 news articles »

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#mehangai news - Petrol, diesel price hikes: Who buys petrol? Somebody who has a car, bike; certainly he is not starving, says ...

Financial ExpressPetrol, diesel price hikes: Who buys petrol? Somebody who has a car, bike; certainly he is not starving, says ...Financial ExpressUnion Minister of Petroleum and Natural Gas Dharmendra Pradhan on Thursday took to Twitter and backed government's daily revision of petrol and diesel prices move. In two of his tweets, the Oil minister explained some facts about the Indian and ...and more »

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#mehangai news - As petrol, diesel prices skyrocket, Youth Congress marches to gift spectacles to petroleum minister

FirstpostAs petrol, diesel prices skyrocket, Youth Congress marches to gift spectacles to petroleum ministerFirstpost"Mr Pradhan please use these spectacles and see the reality, see the common man's suffering, see the fall in international crude oil price..... See the plight of common man and immediate measure to control the exorbitant rise of petrol-diesel price ...Who gained from falling oil prices?Pune MirrorIYC stages protest over rise in petrol & diesel pricesWeb India 123all 11 news articles »

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#mehangai news - Congress to launch nationwide protest against fuel prices

The Indian ExpressCongress to launch nationwide protest against fuel pricesThe Indian Express“While international crude oil prices have come down by more than 52 per cent since the Narendra Modi government came to power, petrol prices have touched a three-year high. With massive hikes in central excise duty, the BJP government is filling up ...Congress to launch nationwide agitation against high tax on petrolHindustan TimesCongress to protest fuel price hike, to start signature campaignIndia.comCongress demands white paper on fuel taxesDaily News & Analysisall 15 news articles »

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#mehangai news - CEA Arvind Subramanian briefs PM Modi on current state of economy, petrol, diesel price hikes

Financial ExpressCEA Arvind Subramanian briefs PM Modi on current state of economy, petrol, diesel price hikesFinancial ExpressPetroleum minister Dharmendra Pradhan on Friday tweeted that while international crude oil prices have gone up 13% in the past three months, diesel prices in India have risen only 4%. He has remained non-committal on any sort of market intervention to ...and more »

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#mehangai news - Petrol price: GST has good news in store

The Hans IndiaPetrol price: GST has good news in storeThe Hans IndiaHyderabad: Petrol and diesel are out of the GST ambit now. But, what if they were part of the GST regime? Factly.in made a projection of the price of 1 liter of petrol and diesel at various GST rates. It also included the highest GST slab of 28 per ...Petroleum products must come under GST: Dharmendra PradhanThe Indian ExpressIYC stages protest over rise in petrol & diesel pricesWeb India 123Youth Congress march to gift Petroleum minister 'eyeglasses', stoppedThe New Indian Expressall 9 news articles »

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#mehangai news - IYC stages protest over rise in petrol & diesel prices

IYC stages protest over rise in petrol & diesel pricesWeb India 123The Indian Youth Congress (IYC) today staged a protest here over daily rise in petrol and diesel prices. "Our workers marched to present a pair of huge glasses to Union Minister of Petroleum & Natural Gas Dharmendra Pradhan on losing his eyesight due ...and more »

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Friday 15 September 2017

#mehangai news - Congress to launch nationwide agitation against high tax on petrol

FirstpostCongress to launch nationwide agitation against high tax on petrolHindustan TimesThe Congress said on Friday it would launch a nationwide agitation against the “draconian” increase in central excise duty on petrol and diesel, alleging it has led to a steep hike in their prices. Accusing the BJP government of “looting” the common ...Congress to protest fuel price hike, to start signature campaignIndia.comall 9 news articles »

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#mehangai news - Why government's decision to keep diesel, petrol prices high is good economics but bad politics

Business TodayWhy government's decision to keep diesel, petrol prices high is good economics but bad politicsBusiness TodayFrom August 1, India has already moved towards daily correction of prices for both petrol and diesel. This practice is globally accepted practice. The US market is much more liberal, and allows the retailers to decide the price, unlike India where oil ...and more »

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#mehangai news - Congress to protest fuel price hike

Congress to protest fuel price hikeThe Hans India"While the Narendra Modi government has spelled out absurd reasons like Hurricanes Harvey and Irma for the increase in petrol and diesel prices, it has dealt a devastating blow to the savings of the common people by brazenly increasing central excise ...and more »

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#mehangai news - Cong to launch nationwide agitation against high tax on petrol

Cong to launch nationwide agitation against high tax on petrolTimes of IndiaNew Delhi, Sep 15 () The Congress said today it would launch a nationwide agitation against the "brazen increase" in central excise duty on petrol and diesel, leading to a steep hike in their prices. Accusing the BJP government of "looting" the common ...and more »

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#mehangai news - Petrol, diesel price rise saga explained

Times of IndiaPetrol, diesel price rise saga explainedTimes of IndiaIt is common knowledge that the price of fuel in India depends upon the global crude oil prices and fluctuations in the same is expected to reflect in the amount of money you pay at the petrol pump. The uproar regarding the prices gained a few decibels ...Petrol, diesel prices in India higher than most countries: Why govt taxes are extortionist in natureFirstpostPetrol prices to cost below Rs 40/litre if government takes this decision – KnowZee NewsWrong To Attack Modi On High Petrol PricesNDTVHindu Business Line -India Today -Times of Indiaall 175 news articles »

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#mehangai news - Petrol, diesel prices in India higher than most countries: Why govt taxes are extortionist in nature

FirstpostPetrol, diesel prices in India higher than most countries: Why govt taxes are extortionist in natureFirstpostHigh petrol and diesel prices are once again in the news. And the reason for this is the high taxes on these fuels, rather than the international crude oil prices. Even as the public anger is palpable on the social media and other forums, there is no ...Petrol prices may come down from Rs 70 to Rs 38 under GST. Will government do it?India TodayWhy the price rise in petrol, diesel is justifiedHindu Business LineWhy high petrol prices are not a reason for lower taxes or re-regulationMoneycontrol.comThe Indian Express -Zee Business -Times of India -ET Autoall 141 news articles »

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#mehangai news - Wholesale inflation in August rises to 4-month high, courtesy food, fuel prices

Zee BusinessWholesale inflation in August rises to 4-month high, courtesy food, fuel pricesLivemintNew Delhi: India's wholesale inflation accelerated to a four-month high of 3.24% in August, in line with the trend in retail inflation on the back of rising food and fuel prices, strengthening the case for a pause on interest rates by the Reserve Bank ...Petrol, diesel take India's wholesale inflation up 3.24% in August ...Zee BusinessAugust wholesale inflation spikes to 4-month high of 3.24%Times of IndiaWholesale inflation rises to 4-month high of 3.24% in AugThe TribuneOffice of the Economic Adviserall 43 news articles »

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#mehangai news - Behind high auto fuel prices, heavy excise duties

The Indian ExpressBehind high auto fuel prices, heavy excise dutiesThe Indian ExpressGlobal oil prices are half 2014 levels, the rupee has been largely neutral against the dollar, but the prices of petrol and diesel — which change 'dynamically' on a daily basis — continue to be the highest in nearly 3 years. The Indian Express ...Petrol prices may come down from Rs 70 to Rs 38 under GST. Will government do it?India TodayWhy the price rise in petrol, diesel is justifiedHindu Business LineWhy high petrol prices are not a reason for lower taxes or re-regulationMoneycontrol.comTimes of India -Zee Business -Times of India -ET Autoall 138 news articles »

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#mehangai news - QBiz: Uniform Petrol Tax Possible; India-Japan Ink $17.4 Bn Deals

The QuintQBiz: Uniform Petrol Tax Possible; India-Japan Ink $17.4 Bn DealsThe QuintThat could mark a significant breakthrough toward uniform nationwide prices of petroleum goods. The Goods and Services Tax (GST) Council will take up the scheme once it is formulated by the states. “The council will take a final call on the proposal ...and more »

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Thursday 14 September 2017

#mehangai news - Petrol prices may come down from Rs 70 to Rs 38 under GST. Will government do it?

India TodayPetrol prices may come down from Rs 70 to Rs 38 under GST. Will government do it?India TodayAccording to data released by the Indian Oil Corporation for the petrol price build up in Delhi, the fuel costs only Rs 26.65 at the refineries. Dealers get a litre of petrol at Rs 30.70. But, petrol is sold at Rs 70.39 a litre in Delhi. This means Rs ...Why the price rise in petrol, diesel is justifiedHindu Business LineWhy high petrol prices are not a reason for lower taxes or re-regulationMoneycontrol.comWhy is your petrol, diesel bill rising despite cheaper international crude?Zee BusinessTimes of India -Financial Express -Times of India -ET Autoall 109 news articles »

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#mehangai news - Petrol, diesel price spike to be cascading

Petrol, diesel price spike to be cascadingTimes of IndiaMANGALURU: While spike in vegetable prices is seasonal in nature, a huge jump in petrol by over 24% and diesel by over 20% is worrisome and would prove to be cascading. This is certainly not a good macro indicator, especially when the global crude oil ...

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#mehangai news - GST on petrol and diesel

Times of IndiaGST on petrol and dieselTimes of IndiaThe Goods and Services tax (GST) was introduced in India from July 1, 2017 which subsumed all indirect taxes levied by the central and state governments. However, petroleum products such as ... Oil Minister Dharmendra Pradhan on September 13, 2017 ...

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#mehangai news - Food and fuel drive up wholesale price inflation to 4-month high of 3.24%

Hindustan TimesFood and fuel drive up wholesale price inflation to 4-month high of 3.24%Hindustan TimesIndia's wholesale price inflation rose to 3.24% from a year ago, its fastest pace in four months, driven by higher prices of food and fuel products, data showed. The rise compares with a 3% increase forecast by economists in a Reuters poll and a ...WPI inflation rises sharply to 3.24 per cent in AugustThe Indian ExpressPetrol, diesel take India's wholesale inflation up 3.24% in August 2017Zee BusinessIndia's wholesale inflation rises to four-month high of 3.24% in AugustZee NewsDaily News & Analysis -The Asian Ageall 24 news articles »

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#mehangai news - Petrol, diesel take India's wholesale inflation up 3.24% in August 2017

Zee BusinessPetrol, diesel take India's wholesale inflation up 3.24% in August 2017Zee BusinessIndex for 'Food Articles' group rose by 2.2% to 150.8 from 147.6 for the previous month due to higher price of betel leaves (9%), fruits & vegetables (8%), ragi (6%), condiments & spices (3%), peas/chawali and fish-marine (2% each) and arhar, beef ...and more »

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#mehangai news - Why the price rise in petrol, diesel is justified

Hindu Business LineWhy the price rise in petrol, diesel is justifiedHindu Business LineThe sharp increase in the price of petrol and diesel since June 16, when 'dynamic' daily pricing for these fuels was introduced, has caused much angst, forcing an explanation out of the Oil Minister on Wednesday. The price of petrol sold by Indian Oil ...Why are petrol and diesel prices rising while crude is falling? Oil Minister Dharmendra Pradhan explains the trendIndia TodayDharmendra Pradhan backs daily fuel price revision, wants petrol, diesel to come under GSTTimes of IndiaPetrol, diesel prices at three-year highs and climbing; have you felt the pinch yet?Financial ExpressHindustan Times -Zee News -Times of Indiaall 78 news articles »

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#mehangai news - Chennai: Daily revision of fuel prices irks motorists, lorry owners

Deccan ChronicleChennai: Daily revision of fuel prices irks motorists, lorry ownersDeccan ChronicleChennai: Motorists and lorry owners cry foul over the silent daily revision of petrol and diesel prices. In the past two months, diesel price has increased by Rs 6 and petrol price by Rs 7, say truck owners. According to sources with Indian Oil ...

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#mehangai news - A crude policy

IndialivetodayA crude policyThe Hans IndiaNot long ago, petrol and diesel used to be a huge drag on the central government's coffers owing to huge subsidies that it had to extend to keep their prices lower. But the trend was reversed with the Modi government, which assumed power in 2014 ...Petrol, diesel price hike: Congress asks Centre to stop filling its coffers, bring 'achhe din'Indialivetodayall 1 news articles »

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#mehangai news - Congress hits out at Centre over petrol prices

IndialivetodayCongress hits out at Centre over petrol pricesHindustan TimesThe Congress on Wednesday accused the NDA government of meting out “step-motherly treatment” to common man by raising petrol prices even as global crude oil prices were on the decline. Congress spokesperson Manish Tewari wondered whether the ...Petrol, diesel price hike: Congress asks Centre to stop filling its coffers, bring 'achhe din'Indialivetodayall 1 news articles »

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Wednesday 13 September 2017

#mehangai news - Petrol price hike: OMCs to bear the brunt?

Economic TimesPetrol price hike: OMCs to bear the brunt?Economic TimesThe government is unlikely to let public sector fuel marketing companies to pass on further increments in retail costs of gasoline and diesel to consumers, and may ask the fuel retailers to absorb any such increases if global crude price edges higher ...and more »

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#mehangai news - Cong hits out at centre over petrol prices

Cong hits out at centre over petrol pricesIndia TodayNew Delhi, Sep 13 (PTI) The Congress today accused the Modi government of meting out "step-motherly treatment" to common man by raising petrol prices even as global crude oil prices were on the decline. Congress spokesperson Manish Tewari ...Congress calls Modi governmment 'economic terrorist'India.comall 3 news articles »

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#mehangai news - Cong hits out at centre over petrol prices

Cong hits out at centre over petrol pricesIndia.comNew Delhi, Sep 13 (PTI) The Congress today accused the Modi government of meting out “step-motherly treatment” to common man by raising petrol prices even as global crude oil prices were on the decline. Congress spokesperson Manish Tewari ...and more »

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#mehangai news - Dharmendra Pradhan backs daily fuel price revision, wants petrol, diesel to come under GST

Times of IndiaDharmendra Pradhan backs daily fuel price revision, wants petrol, diesel to come under GSTTimes of IndiaThe government had between November 2014 and January 2016 raised excise duty on petrol and diesel on nine occasions to take away gains arising from plummeting international oil prices. In all, duty on petrol was hiked by Rs 11.77 per litre and that on ...Why are petrol and diesel prices rising while crude is falling? Oil Minister Dharmendra Pradhan explains the trendIndia TodayPetrol, diesel prices at 3-year highZee NewsPetrol, Diesel Prices Low Today, But on 3-Year HighIndia.comBloombergQuintall 48 news articles »

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#mehangai news - Petrol prices at three years high: Oil Minister rules out intervention on daily rates revision

Daily News & AnalysisPetrol prices at three years high: Oil Minister rules out intervention on daily rates revisionDaily News & AnalysisOil Minister Dharmendra Pradhan on Wednesday ruled out government intervention to disrupt the daily revision in petrol and diesel prices despite Rs 7.3 per litre spike in rates since July, saying the reform will continue. He however remained non ...

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#mehangai news - Centre will not regulate fuel prices, says Union Minister Dharmendra Pradhan

Scroll.inCentre will not regulate fuel prices, says Union Minister Dharmendra PradhanScroll.inUnion Petroleum Minister Dharmendra Pradhan on Wednesday said that the Centre would not intervene to regulate petrol and diesel prices, The Hindu Business Line reported. “Petrol and diesel prices in the country are benchmarked to the international ...

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#mehangai news - Why are petrol and diesel prices rising while crude is falling? Oil Minister Dharmendra Pradhan explains the trend

India TodayWhy are petrol and diesel prices rising while crude is falling? Oil Minister Dharmendra Pradhan explains the trendIndia TodayAfter the meeting, Pradhan addressed the media and assured citizens that the ministry, through the daily price revision mechanism, had worked out the best formula to ensure retail prices of petrol and diesel were reflective of the crude oil prices in ...Petrol, diesel prices at 3-year highZee NewsPetrol, Diesel Prices Low Today, But on 3-Year HighIndia.comGovernment Won't Step In To Check Rising Fuel Prices, Oil Minister SaysBloombergQuintall 47 news articles »

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#mehangai news - Petrol, diesel prices at 3-year high

Zee NewsPetrol, diesel prices at 3-year highZee NewsEarlier this month, Petroleum Minister Dharmendra Pradhan said the dynamic pricing regime would continue despite petrol prices going up by over Rs 7 per litre since the scheme was introduced pan-India from mid-June. He said dynamic pricing ensures that ...Petrol, Diesel Prices Low Today, But on 3-Year HighIndia.comPetrol, diesel prices at three-year highTimes of IndiaThe big fuel pinch: Petrol, diesel prices skyrocketIndia TodayBloombergQuint -Hindustan Timesall 39 news articles »

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#mehangai news - Government steps in to save people from rising fuel bill; may check petrol, diesel prices

Financial ExpressGovernment steps in to save people from rising fuel bill; may check petrol, diesel pricesFinancial ExpressSince July 1, petrol price in Delhi has risen by Rs 7.29 per litre to Rs 70.38 per litre today (Wednesday, 13 September, 2017), though this seems to be in line with the over 12% rise in the prices of the Indian basket of crude oil in rupee terms during ...and more »

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#mehangai news - News Live: Govt may ask PSU oil cos to bear cost if crude rises further

News Live: Govt may ask PSU oil cos to bear cost if crude rises furtherMoneycontrol.comShares of the Indian Oil Corporation, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation tumbled on news that government may ask the oil marketing companies to absorb further increase in global crude oil prices. The stock of the nation's ...and more »

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#mehangai news - The big fuel pinch: Petrol, diesel prices skyrocket

India TodayThe big fuel pinch: Petrol, diesel prices skyrocketIndia TodayThe price of petrol in Delhi on Tuesday was Rs 70.38 per litre, and in Mumbai a litre of petrol cost Rs 79.48. The government has steadily increased the excise duty on petrol and diesel while the global crude prices have plummeted below $30 a barrel.

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#mehangai news - Petrol, Diesel Prices Low Today, But on 3-Year High

India.comPetrol, Diesel Prices Low Today, But on 3-Year HighIndia.comFollowing shutdown in the US due to Hurricane Irma, international fuel prices have witnessed a rise leading to a hike in petrol and diesel prices in India too. While prices went down marginally on Wednesday, it remains to be seen whether the trend ...Petrol, diesel prices on a 3-year highZee NewsPetrol prices hiked: Daily travellers request for reconsiderationOutlook IndiaWhy should Indians pay Rs 79 for petrol when price of petrol plus taxes cost only Rs 30.84?IndialivetodayEconomic Timesall 16 news articles »

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#mehangai news - Petrol, diesel prices on a 3-year high

Zee NewsPetrol, diesel prices on a 3-year highZee NewsEarlier this month, Petroleum Minister Dharmendra Pradhan said the dynamic pricing regime would continue despite petrol prices going up by over Rs 7 per litre since the scheme was introduced pan-India from mid-June. He said dynamic pricing ensures that ...need2know: Nine macro cues for your day on D-StreetEconomic TimesPetrol, Diesel prices at 3-year highNewsXall 9 news articles »

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#mehangai news - Fuel prices going up slowly, but steadily

Fuel prices going up slowly, but steadilyTimes of IndiaCoimbatore: On Tuesday morning, people were shocked they had to pay for Rs 73.30 for a litre of petrol at an Indian Oil Corporation bunk on Trichy Road. A few recalled they had paid around Rs 72.50 a week ago and claimed that prices have gone up by 80 ...

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#mehangai news - Petrol, diesel prices at three-year high

Economic TimesPetrol, diesel prices at three-year highEconomic TimesIndian fuel retailers such as Indian Oil, Bharat Petroleum and Hindustan Petroleum started daily revision of prices of petrol and diesel from the middle of June, replacing the previous practice of fortnightly revision. Companies align local fuel prices ...Petrol Price up by Rs 7 Per Litre in 2 months, Nears Rs 80 in MumbaiIndia.comall 5 news articles »

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Tuesday 12 September 2017

#mehangai news - Petrol price hiked by Rs 7.29 since July 1; inches closer to Rs 80 in Mumbai

Business TodayPetrol price hiked by Rs 7.29 since July 1; inches closer to Rs 80 in MumbaiBusiness TodayPetrol price in Delhi on Tuesday was at Rs 70.38 per litre, whereas in Mumbai a litre of petrol costs Rs 79.48. The hike comes at a time when the price of international crude oil of Indian Basket is at $52.73 per barrel (bbl) as on September 11. The ...Petrol Price Nears Rs 80/Litre In Mumbai. Rates In Other CitiesNDTVMassive jump in petrol prices after dynamic pricing: Decoding over Rs 7 hike in just over two monthsIndia TVPrices of petrol, diesel at 3-year highs: 7 charts that explain why we pay higher priceFirstpostScroll.in -Times Now -Hindu Business Lineall 11 news articles »

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#mehangai news - Petrol, diesel price hike: Here's how you can check daily revision

Times NowPetrol, diesel price hike: Here's how you can check daily revisionTimes NowAccording to Indian Oil Corporation, a litre of petrol costs Rs. 70.38 in Delhi, Rs. 73.12 in Kolkata, Rs. 79.48 in Mumbai and Rs. 72.95 in Chennai respectively. Whereas, a litre of diesel in Delhi costs Rs 58.72, Rs. 61.37 in Kolkata, Rs. 62.37 in ...

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#mehangai news - Petrol prices hit 3-yr high at 74.41/l in Hyderabad

The Hans IndiaPetrol prices hit 3-yr high at 74.41/l in HyderabadThe Hans IndiaThe huge increase in petrol and diesel prices in India despite low crude prices is on account of hike in taxes by both the central and state governments over the last three years. The central excise duty on petrol increased from Rs 9.48 to Rs 21.48 per ...and more »

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#mehangai news - Petrol prices hiked: Rs 79 per litre in Mumbai, at highest since August, 2014

Hindustan TimesPetrol prices hiked: Rs 79 per litre in Mumbai, at highest since August, 2014Hindustan TimesThe Indian basket of imported crude oils gained nearly $3.50 a barrel during last week even as petrol prices in the country touched their highest levels since Prime Minister Narendra Modi assumed office three years ago, official data showed on Monday.Petrol Price Rises by Rs 7 in Two Months in Delhi, Kolkata, Chennai ...India.comall 5 news articles »

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Monday 11 September 2017

#mehangai news - Finance Ministry rules out cut in excise duty on petrol, diesel

Hindu Business LineFinance Ministry rules out cut in excise duty on petrol, dieselHindu Business LineThe international crude oil price of the Indian Basket touched $53.63 per barrel on September 8, according to data by Petroleum Planning and Analysis Cell. With global crude oil prices at a record low, the government through a series of duty hikes in ...

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#mehangai news - Petrol Price up by Rs 7 Per Litre in 2 months, Nears Rs 80 in Mumbai

India.comPetrol Price up by Rs 7 Per Litre in 2 months, Nears Rs 80 in MumbaiIndia.comMumbai, Sept 11: Petrol prices in Delhi have risen by Rs 7 in over two months, while Mumbai is paying Rs 5 more than what was on July 1. In the wake of dynamic pricing of fuel that began on June 16, while petrol prices went down in the first fortnight ...

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#mehangai news - Fuel cost sees 7% rise since start of dynamic pricing

Times of IndiaFuel cost sees 7% rise since start of dynamic pricingTimes of India"Petrol and diesel prices hovered around Rs 68.31 to Rs 73.16 and Rs 48.63 to Rs 55.48 a litre respectively in 2013-'14, when the price of Indian crude averaged at a staggeringly high of $105.52 a barrel. However, retail fuel prices still remain the ...

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Sunday 10 September 2017

#mehangai news - Petrol price rises by Rs 7 per litre: Delhi drivers suffer the most from hike, but rate highest in Mumbai

Financial ExpressPetrol price rises by Rs 7 per litre: Delhi drivers suffer the most from hike, but rate highest in MumbaiFinancial ExpressAs per News18 report, this rise has taken petrol rates to the highest in last eight months. Since July, the price of petrol and diesel has seen a rise of Rs 6.94 and Rs 4.73 per litre, respectively. The financial capital of India, Mumbai is also facing ...

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#mehangai news - Oil Minister Pradhan to visit Bangladesh to sign pact for diesel exports through pipelines

Millennium PostOil Minister Pradhan to visit Bangladesh to sign pact for diesel exports through pipelinesMillennium PostHowever, it reaches the Chittagong port from where it costs another $4.5 per barrel to transport this diesel to north Bengal. So, ultimately, it costs Bangladesh $6.7 per barrel, which is higher than the price India offers. By importing oil from India ...

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Friday 8 September 2017

#mehangai news - Petrol, diesel cars to face music: Gadkari

Times of IndiaPetrol, diesel cars to face music: GadkariTimes of India"You may not like it, but I wish it from my heart that your growth should be less. If this growth continues, I will need to add one more lane to national highways, which will cost a whopping Rs 80,000 crore," Gadkari told stunned representatives of the ...Memo to Nitin Gadkari: Shift to e-vehicles won't happen at gun point, govt needs to handhold auto firmsFirstpostall 15 news articles »

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Thursday 7 September 2017

#mehangai news - Jeep Compass diesel 4x2 receives a lion's share of Compass bookings in India

OverdriveJeep Compass diesel 4x2 receives a lion's share of Compass bookings in IndiaOverdriveJeep offers the Compass diesel 4x2 with dual airbags while the top-end 4x4 receives eight airbags. The SUV rolls out of Fiat's Ranjangaon plant and has a high level of localisation that has enabled the manufacturer to price it very competitively. The ...and more »

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Wednesday 6 September 2017

#mehangai news - Rosneft Essar Deal: The changing competitive landscape in Indian fuel retailing

Moneycontrol.comRosneft Essar Deal: The changing competitive landscape in Indian fuel retailingMoneycontrol.comRetail fuel demand in India is extremely price sensitive. Small changes in prices have toppled governments in the past. Recently, Reliance Industries introduced a Re1 discount on diesel refueling across its stations. This move enabled it to gain market ...

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#mehangai news - India's petrol and diesel prices among Southeast Asia's costliest ...

Business StandardIndia's petrol and diesel prices among Southeast Asia's costliest ...Business StandardPetrol and diesel were selling at Rs 69.26 and Rs 57.13 a litre last Friday, prices much higher than what prevailed on the same day in southeast asian nations ...Petrol, Diesel Prices Today (September 5) In Mumbai, Delhi, Kolkata, ChennaiNDTVall 47 news articles »

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Tuesday 5 September 2017

#mehangai news - Petrol, Diesel Prices Today (September 5) In Mumbai, Delhi, Kolkata, Chennai

NDTVPetrol, Diesel Prices Today (September 5) In Mumbai, Delhi, Kolkata, ChennaiNDTVFrom June 16, oil retailers Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum - which account for more than 90 per cent of refuelling stations in India - started daily petrol price and diesel price revisions throughout the ...Dharmendra Pradhan says daily petrol, diesel price revision to continueEconomic TimesAre oil companies drilling a hole in consumers' pocket via daily price revision?VCCircleDaily fuel price revision to stayThe TelegraphBusiness Standard -ETEnergyworld.comall 112 news articles »

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#mehangai news - Daily fuel price revision to stay

The TelegraphDaily fuel price revision to stayThe TelegraphNew Delhi, Sept. 4: Oil minister Dharmendra Pradhan has said daily revision of fuel prices will continue, adding the government has no plans to review the duties on petrol and diesel. Petrol prices have risen Rs 6.6 per litre in two months. Under daily ...Daily fuel price changes to continue despite rise in petrol prices: PradhanBusiness Standardall 52 news articles »

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Monday 4 September 2017

#mehangai news - Dharmendra Pradhan says daily petrol, diesel price revision to continue

Economic TimesDharmendra Pradhan says daily petrol, diesel price revision to continueEconomic TimesOil Minister Dharmendra Pradhan today said the daily revision in petrol and diesel prices will continue despite petrol price spiking by Rs 6.6 per litre in two months. Pradhan, who was yesterday elevated as Cabinet minister and given additional charge ...Daily fuel price changes to continue despite rise in petrol prices: PradhanBusiness Standardall 59 news articles »

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#mehangai news - Petrol, Diesel Prices Today (September 4) In Mumbai, Delhi, Kolkata, Chennai

NDTVPetrol, Diesel Prices Today (September 4) In Mumbai, Delhi, Kolkata, ChennaiNDTV69.66 for a litre of petrol in Delhi, Rs. 72.41 in Kolkata, Rs. 78.78 in Mumbai and Rs. 72.2 in Chennai, according to Indian Oil Corporation. Diesel retailed at Rs. 57.38 per litre, Rs. 60.03 per litre, Rs. 60.95 per litre and Rs. 60.41 per litre ...

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#mehangai news - Daily revision of petrol, diesel prices to continue: Oil minister Pradhan

Daily revision of petrol, diesel prices to continue: Oil minister PradhanHindustan TimesPetroleum and natural gas minister Dharmendra Pradhan said on Monday the daily revision in petrol and diesel prices will continue despite petrol price spiking by Rs 6.6 per litre in two months. Pradhan, who was elevated as a cabinet minister and given ...and more »

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#mehangai news - Pradhan says daily petrol, diesel price revision to continue

Pradhan says daily petrol, diesel price revision to continueIndia.comNew Delhi, Sep 4 (PTI) Oil Minister Dharmendra Pradhan today said the daily revision in petrol and diesel prices will continue despite petrol price spiking by Rs 6.6 per litre in two months. Pradhan, who was yesterday elevated as Cabinet minister and ...and more »

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#mehangai news - India's Petrol and Diesel Prices Are Among Southeast Asia's Costliest

The WireIndia's Petrol and Diesel Prices Are Among Southeast Asia's CostliestThe WireThe difference between the petrol and diesel prices of India and Malaysia is mind boggling. Petrol price of Rs 32.19 a litre in Malaysia was less than half what prevailed in India last Friday. The diesel price in the Southeast Asian country at Rs 31.59 ...and more »

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Saturday 2 September 2017

#mehangai news - Govt rules out cutting taxes on petrol, diesel

Govt rules out cutting taxes on petrol, dieselTimes of IndiaNew Delhi, Aug 30 () Oil Minister Dharmendra Pradhan today ruled out cutting taxes on petrol and diesel to cushion the impact of rising international oil prices that has led to petrol rates increasing by over Rs 6 per litre since the beginning of July ...

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#mehangai news - Petrobras hikes fuel prices after Harvey

Petrobras hikes fuel prices after HarveyTimes of India(Repeats story to additional subscribers, no changes). By Luciano Costa and Jose Roberto Gomes. RIO DE JANEIRO, Sept 1 (Reuters) - Brazil's state-controlled oil company Petroleo Brasileiro SA has hiked gasoline and diesel prices twice for September to ...and more »

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#mehangai news - Petrobras hikes fuel prices after Harvey

Petrobras hikes fuel prices after HarveyTimes of IndiaBy Luciano Costa and Jose Roberto Gomes. RIO DE JANEIRO, Sept 1 (Reuters) - Brazil's state-controlled oil company Petroleo Brasileiro SA has hiked gasoline and diesel prices twice for September to match price spikes in U.S. prices caused by Hurricane ...and more »

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Friday 1 September 2017

#mehangai news - No tax cut on petrol, diesel despite rise in prices globally: Dharmendra Patel

FirstpostNo tax cut on petrol, diesel despite rise in prices globally: Dharmendra PatelFirstpostWhile petrol prices have increased by Rs 6.08 to reach Rs 69.12 a litre in Delhi, the highest since August 2014, diesel rates have risen by Rs 3.65 to Rs 57.01. "That situation has not come where we should re-look at tax structure," Pradhan told ...No relief: Government rules out excise duty cut on petrol and dieselEconomic Timesall 6 news articles »

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#mehangai news - Royal Dutch Shell eyes 1500 petrol pumps in 10 yrs in India

ETAuto.comRoyal Dutch Shell eyes 1500 petrol pumps in 10 yrs in IndiaETAuto.comAlso Read: Petrol price up by Rs 6 per litre since July; diesel Rs 3.67. "Gas being a very cleaner burning fuel we are taking a look at how we can take a look at gas into downstream market. How does gas begin to replace diesel gen sets in industrial ...and more »

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