Order of the High Court of Rajasthan in the matter of Deepak Acharya Vs Hindustan Petroleum Corporation Limited dated 05/03/2025. The Rajasthan High Court has admitted a petition challenging installation of a Hindustan Petroleum Corporation Limited (HPCL) petrol pump near a crematorium and high-tension line. The NOCs to establish the …
Amid widening price difference between petrol and diesel, the Finance Ministry is looking at the possibility of raising excise duty on diesel cars, a suggestion which was mooted long back by the Oil Ministry. "Hiking excise duty on diesel cars is still on the agenda. It was not taken up …
Rising fuel costs coupled with a focus on emission control have resulted in more and more large sedans being powered by small engines that are being tweaked to deliver as much as their larger counterparts can. A one-litre engine, with the equivalent power of a 1.6-litre petrol engine, will motor …
Finance Minister Pranab Mukherjee has been deputed by the Centre to ask all states to lower sales tax or value added tax on auto fuels and to shift to specific rates in order to work out a combined package that can lower petrol prices by up to Rs 5 a …
New Delhi: Even as chief minister Sheila Dikshit hinted at marginal relief for Delhiites from the petrol price hike, environmentalists are not amused. They continue to be a worried bunch and their fears are not unfounded, for petrol getting out of reach for many people means there will be more …
Companies expedite plans to roll out more models to meet demand Carmakers are fast-tracking their diesel vehicle plans and planning offers to push petrol cars as the latest petrol price increase is set to accelerate India’s race to become a diesel market. The widening petrol-diesel price differential over the last …
New Delhi State-owned fuel marketers IOC, HPCL and BPCL on Thursday ruled out an immediate rollback of the steepest petrol price increase of R7.5-R8 a litre from Thursday night but conceded that if the government instructs them to cut prices, they have no other go but to follow their majority …
New Delhi: Expect the discounts on petrol cars to get sweeter, and the waiting list on diesel cars to be longer. The steep Rs 7.50-hike in petrol price is set to further fuel the demand for diesel models as the fuel’s lower running cost and steady pricing will add to …
But indicate prices may come down next month. While maintaining that there will be no immediate rollback of the hike in petrol prices, oil companies have indicated that prices may come down next month as part of the revision exercise. While the move to hike petrol prices is being opposed …
Bhubaneswar: Finance minister Prafulla Chandra Ghadai on Thursday urged the Centre to waive all taxes levied on petrol and roll back the hike to avoid a major economic disaster. Reacting to the Rs 7.50-paise hike per litre of petrol, he said the common people would be hit hard and it …
With petrol prices hiked again today and fears remaining about price volatility of the deregulated fuel, auto manufacturers in the country are expecting a jump in demand for diesel-driven passenger vehicles. Oil marketing companies, reeling under huge losses due to high crude price in the international market and the rupee …
Rates of diesel, LPG and kerosene left untouched The UPA-II, celebrating three years in office, gave the “common man” a gift on Wednesday: the steepest- ever increase of Rs. 7.54 in petrol prices. The increase is the first in the past six months. Petrol price in Delhi was increased by …
Calling the Rs.7.50 increase per litre in petrol price shocking, Delhiites on Wednesday expressed their outrage at the Central Government's “inconsiderate” move. “The Government has clearly not taken into consideration the already sky-rocketing cost of living. Rising fuel costs and the lack of adequate, safe public transport system adds to …
The UPA government took a bold step on the first day after its third anniversary by allowing state-run oil marketing companies to raise ex-refinery prices of petrol by a whopping Rs 6.28 per litre, the highest so far. With excise, duty and state levies, this translates to a Rs 7.5-Rs …
New Delhi: By the time you read this, the price of petrol would have gone up by more than Rs 7.50 a litre across the country. The increase, the steepest-ever, came a day after Parliament’s Budget session ended and PM Manmohan Singh talked about the need for “difficult decisions”. After …
New Delhi: Finance minister Pranab Mukherjee on Wednesday laid the onus of the petrol price hike on oil marketers. “The decision has been taken. Petrol is a deregulated commodity,” he said. The government had freed petrol prices in June 2010 when crude came down to around $40 a barrel from …
Chandigarh: Consumers in Punjab will have to shell out more than the Rs 7.50 per litre hike in petrol prices. Because of the high taxes imposed by Punjab on petrol, it will now cost Rs 8.19 per litre more. With the hike, petrol in Punjab will be the second most …
The Congress led UDF government in Kerala on Thursday waived the sales tax on the latest petrol price hike, saying it was committed to bringing some relief to the people affected by the latest increase. "UDF government does not justify the Centre's decision to increase prices. But we are committed …
There is an insufficient understanding of the seriousness of India’s energy security problem and the impact this is having on the country’s development. This has led to various crises in the energy sector, which, in turn, have prompted ad hoc emergency responses that do not address the underlying fundamentals.
Plan to revise prices every fortnight to recover . 5k cr of revenue losses. State oil firms plan to raise petrol prices after the end of the budget session of Parliament this month and revise them every fortnight to recover . 5,000 crore past revenue losses as they haven’t increased …
Oil marketing companies have not revised petrol prices since December 1, 2011, despite sharp increase in international prices of petroleum products With losses on sale of petrol climbing to over Rs 7 a litre, state-owned oil firms have asked the government to either provide subsidy on the fuel or reduce …
