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 …
THIRUVANANTHAPURAM: Normal life was hit Tuesday in Kerala as the state woke up to a shutdown called by the workers of the Motor Vehicle Coordination Committee of the Left parties and the Bharatiya Janata Party to protest the hike in petrol and diesel prices. The shutdown was supported by the …
Ajay Modi / New Delhi February 20, 2010, 0:47 IST If the government finally decides to accept the recommendations of the Kirit Parikh report on keeping petrol and diesel prices at market rates and limiting the subsidies on other products, the profits of the upstream oil companies
CHENNAI Petroleum Corporation Limited (CPCL) has successfully installed Diesel Hydotreating (DHDT) reactor, at its Manali refinery to produce clean diesel, meeting the Euro-IV specifications as per the auto fuel policy of the Centre. K Balachandran, managing director, CPCL told reporters here on Tuesday that the DHDT reactor has been set …
Planning Commission deputy chairman Montek Singh Ahluwalia on Thursday said the government should dismantle the administered pricing of fuel, as it would keep prices low even when commodity prices start rising. Speaking at the launch of the report
Sujay Mehdudia NEW DELHI: The Union government has put in motion the process of effecting a possible fuel price hike, with the Cabinet scheduled to discuss the issue on Thursday. Petroleum and Natural Gas Minister Murli Deora held consultations with the constituents of the United Progressive Alliance (UPA) even as …
New Delhi: The oil ministry will make a strong pitch to unshackle petrol prices from government control and introduce a differential pricing mechanism, along with a small price increase of Re 1 a litre for diesel, when the Cabinet meets on Thursday. In case it goes through, the proposal for …
Sujay Mehdudia NEW DELHI: The Kirit Parikh Committee proposal for imposing a flat tax of Rs. 81,000 on diesel cars, including sedans and gas guzzlers SUVs and MUVs, may be worrying the big names in the industry, but environmentalists who have campaigned against
It is not surprising that the expert panel headed by Kirit Parikh on the pricing of petroleum products should recommend total decontrol of the retail prices of petrol and diesel while suggesting a more gradual approach in the case of kerosene and LPG. In July-August 2008, the B.K. Chaturvedi committee …
The planning commission on Friday claimed that decontrolling fossil fuel prices would help tame inflation, deflating the contrary general perception, The Commission panel's deputy chairman Montek Singh Ahluwalia said: "It (decontrolling fuel price) will not flare up the inflation. I just think that it is not sustainable to have pricing, …
Diesel cars may become costlier by Rs 1.8 lakh. Currently, one of the main reasons for the high popularity of diesel cars is that the fuel is cheaper, which translates into low running costs. Roudra Bhattacharya New Delhi, Feb. 5 Honda, which sells only petrol cars in India, is looking …
Centre for Science and Environment blasts Kirit Parikh panel report on petroleum pricing that fails to offer effective solution to halt misuse of under-taxed diesel by rich car owners. Additional excise duty of a mere Rs 81,000 on diesel cars to equalise the excise tax burden on petrol car proposed …
Proposal will bring down the burden of oil companies An experts group headed by former Planning Commission member Kirit Parikh has recommended an incremental rate of taxes on higher crude oil price realisation from the nomination blocks of Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL) to …
Kirit Parikh The Kirit Parikh committee has recommended market-determined pricing for petrol and diesel. It has also recommended linking the price of domestic LPG and kerosene distributed through the Public Distribution System (PDS) to the increase in per capita GDP for urban population and agriculture GDP, respectively. The committee has …
Europe Shows Price Hike May Not Hit Growth Ramkrishna Kashelkar MUMBAI THE report submitted by the expert group headed by Mr Kirit Parikh on a viable and sustainable system of pricing of petroleum products if accepted by the government could boost the prospects of state-owned oil firms. This is because …
Panel Wants Decontrol, Govt May Settle For Rs 3 Petrol Hike, Re 1 For Diesel New Delhi: After food items, it is the turn of motor fuels to burn a bigger hole in your pocket. An increase of at least Rs 3 a litre in petrol and Re 1 in …
