Petrol

Order of the High Court of Rajasthan regarding installation of a petrol pump near a crematorium and high-tension line, 05/03/2025

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 …

Sri Lankan government to initiate fuel saving programme

The Petroleum Industries Ministry of Sri Lanka is looking at introducing a new fuel saving programme in the country. Petroleum Industries Minister Susil Premajayantha has said that there is close to 10 percent wastage of fuel during the transportation, storage and pumping of fuel. These losses, he has said, had …

Diesel dual pricing not practical, says Jaipal

Petroleum minister S. Jaipal Reddy on Monday said that the government was not looking at dual pricing for diesel as it was not practical to be implemented. Under dual mechanism, trucks and buses will gets subsidised diesel, where as cars and SUVs will have to pay higher prices for diesel. …

Petrol price to come down a bit in Delhi, CNG to go up

People hit hard by the recent sharp increase in the price of petrol have been given some relief by the Delhi Government as it announced an exemption of Value Added Tax on the increased amount in the Delhi Budget which was presented on Monday. This will effectively lower the price …

CNG Gets Dearer, Petrol Cheaper in Delhi

Petrol car owners in Delhi will get some relief from the recent steep rise in petrol price after the state government decided not to levy value added tax on the price hike announced by the oil marketing companies on last Wednesday. Tobacco products will get costlier, court fee will increase …

Sheila writes her final test ahead of Assembly polls

Chief Minister Sheila Dikshit, who also holds the Finance portfolio, announced the “people-friendly” budget for financial year 2012-13 on Monday. To make Delhi a “caring city” Dikshit earmarked a substantial sum for sectors like social welfare, education and health. With the Delhi Assembly elections scheduled for December 2013, the budget …

Sheila’s give & take: Petrol down 1.26, CNG up 1.77

2/3rd Plan Outlay Earmarked For Social Sector New Delhi: Petrol will cost Rs 1.26 less per litre, but CNG, which fuels public transport on Delhi’s roads, is set to get costlier by Rs 1.77 per kilogram. The Delhi budget presented by chief minister Sheila Dikshit on Monday also saw two-thirds …

Proposal to hike duty on diesel cars on card

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 …

Smaller Engines to Counter Fuel Prices

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 …

Petrol: Pranab to lead firefight, urge CMs to cut taxes

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 …

Greens see red as petrol price hike fuels diesel car sales

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 …

Carmakers Fuel up on Diesel After Petrol Hike

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 …

Oil cos rule out immediate rollback

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 …

Fuel hike may make petrol cars cheaper: Demand For Diesel Vehicles To Shoot Up

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 …

No rollback in petrol price hike for now: Oil companies

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 …

State asks Centre to lift all taxes on petrol

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 …

Auto demand to be further skewed towards diesel

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 …

Petrol price raised by Rs. 7.54 a litre in steepest-ever hike

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 …

Petrol price hike shocking

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 …

UPA bites one bullet, lets firms hike petrol by 10%

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 …

Petrol price up 7.54 to 73.18, sharpest hike ever: UPA Allies Call It Unilateral, Ask For Rollback

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 …

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