Order of the National Green Tribunal in the matter of Vardhaman Kaushik Vs Union of India & Others dated 22/03/2024. The Special Protection Group (SPG) filed the application to direct the Transport Department, NCT of Delhi to allow extension of registration period of specialized armoured vehicles - 3 in number …
The United Progressive Alliance (UPA) government on Wednesday announced a steep hike in fuel prices. It increased the price of petrol by Rs. 5, diesel by Rs. 3 and LPG by Rs. 50 a cylinder, but did not touch kerosene. Almost all Opposition parties, the Left and the UPA's allies …
Hiranmay Karlekar It is more likely for water to be turned into wine than for soaring petrol and diesel prices, which threaten to hobble the world's economy, to plummet. The global food shortage may end, but not in a hurry. It may also continue, given the vagaries of climate change …
The government is likely to announce a hike in fuel prices on Wednesday to bail out state-owned oil marketing companies (OMCs) that are suffering massive financial losses due to skyrocketing international crude prices. The decision will be first taken at a meeting of the Cabinet Committee on Political Affairs (CCPA) …
Under-recoveries by state-owned oil marketing companies are set to hit a new record in June with the under-realisation on the sale of diesel, the largest selling fuel and also the most politically sensitive, almost matching the subsidised selling price. At Rs 31.58 per litre, the under-realisation on diesel is a …
Should private diesel cars be taxed more than petrol cars to neutralize the subsidy they get on retail fuel prices, originally kept low for benefiting commercial vehicle operations like public transport vehicles and goods carriers that have a direct bearing on inflation. Noted industrialist Vivek Bharatram has suggested the government …
As more than 20 per cent of the retail outlets of various state-run oil marketing companies in Punjab ran dry today, panic-struck people began hoarding petrol and diesel, wherever available. The situation was worse in rural belts of Amritsar and Jalandhar and in the districts of Bathinda, Barnala and Sangrur, …
THE KEENLY-AWAITED decion on petrol and diesel prices, expected to be finalised on Saturday, has been deferred by the government yet again. A comprehensive proposal to address the ongoing spurt in crude oil prices with a combination of price hike and duty cuts, is expected to be taken up next …
The sulphur content of diesel in India is 350 particles per million, twenty times that of the United States. Diesel exhaust is far more hazardous than petrol exhaust. Yet, diesel cars in Indian cities are rising with the association of automobile manufacturers pushing hard for it.
Decision Likely Next Week After CWC Meet The Congress's core ministerial panel on Friday gave its green signal to raising motor fuel prices but the quantum of increase emerged as a hitch. A decision is now expected only next week, after two high-profile political meetings
AMITAV RANJAN Hike, Cuts & Bonds But Govt will push for Rs 3 & Rs 2 per litre for petrol and diesel, Rs 50 for LPG as it anticipates ally pressure. The government has, in principle, decided to increase prices of petrol by Rs 2 per litre, diesel by Re …
State-run Hindustan Petroleum Corporation Limited on Thursday warned that it would be forced to resort to curtailment of supplies to retail outlets if fuel prices were not raised immediately. It said it was running out of cash due to high under-recoveries. Addressing a press conference here, HPCL chairman Arun Balakrishnan …
A "mixed bailout package,' comprising a "moderate hike' in the prices of diesel and petrol and a re-adjustment in the customs duty on crude oil and the excise duty on the two fuels, was understood to have been "finalised' at a meeting between Prime Minister Manmohan Singh and United Progressive …
Bonds & Raising Prices Too On Agenda GLOBAL oil prices have been northward-bound for a while now. Even as countries debate over price hikes, increased subsidies and demand management, India is still trying to find the right strategy to deal with the oil crisis. While sharp increases in retail prices …
AFTER a splendid run for most of last fiscal and in April, passenger car sales are decelerating as consumers apprehend a hike in petrol and diesel prices. With crude oil price hitting a record $133 per barrel and a fuel price hike looking imminent, Indian customers are postponing their car …
RBI eases lending norms to oil companies. The government looked set to raise petrol and diesel prices by Rs 3-4 a litre and Rs 2 a litre respectively this weekend to curtail losses of state-owned oil firms even as the Reserve Bank of India extended them a helping hand by …
THE fuel price imbroglio continued on Thursday even as crude oil prices held firm at around $130 a barrel. Prime Minister Manmohan Singh has now stepped in to take a final call on the price hike after the finance and petroleum ministries failed to reach a consensus on both the …
A day after the city faced acute Petrol shortage, the crunch somewhat eased on Tuesday with the re-opening of the Bharat Petroleum Corporation Limited (BPCL) depot. The BPCL depot was opened on the directives of the collector, according to official sources. The city was facing fuel shortage since May 23 …
A cess or surcharge on income tax and corporate tax may be levied to bail out oil firms reeling under high global prices as the Petroleum Ministry's proposal to raise petrol price by Rs. 10 a litre, diesel by Rs. 5 a litre and that of LPG by Rs. 50 …
