Thursday, 3 March 2016

#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 ...

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#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 »

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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 »

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#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 ...

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#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 »

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#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 »

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#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 ...

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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 »

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#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 ...

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#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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