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 …
The problems in petroleum pricing stem from a flawed method, and will cause immense harm to the oil companies and endanger energy security. A DEBATE without data would be a meaningless exercise. But a debate with faulty or fudged data would be positively dangerous. The prolonged national "debate' over the …
THE Indian economy has been at tipping point for some time now, poised to enter a period characterised by slow growth and high inflation. The government's decision to hike the prices of petrol, diesel and liquefied petroleum gas (LPG) could well be the final push. In the government's view the …
Chaturvedi Panel Feels States Should Follow Centre's Example To Contain Petro Price Spiral STATES, which have earned a whopping Rs 65,000 crore as tax revenues from the oil sector in 2007-08 thanks to the high oil prices, may now have to relook at their tax structure. The high-level committee constituted …
A majority of retail outlets of Hindustan Petroleum Corporation (HPCL) in Punjab and Haryana are facing an acute shortage of fuel for the past 10 days. The stock-transfer agreement with Indian Oil Corporation (IOC) has reportedly not been honoured by HPCL in other parts of the country (Bihar and Andhra …
Marketing Cos Unofficially Tell Pump Owners To Push Branded Fuel Our Bureau MUMBAI CONSUMERS are still being forced to tank up with premium or branded petrol and diesel at most pumps, more so if they are driving a premium car or utility vehicle (UV). The government hiked fuel prices last …
The petroleum dealers have strongly opposed the move of the oil companies to withdraw the normal petrol from the market to replace it by the premium brand as according to them, such a hasty decision at a time when the sharp increase of the petroleum products put a burden on …
Pakistan's government plans to phase out politically-sensitive fuel subsidies during the new financial year that starts on Tuesday as it tries to bring a ballooning budget deficit under control, according to senior Pakistani officials. The government spent $2.4bn during the fiscal year that ended on Monday to subsidise domestic fuel …
MADRID: In a clear indication that India - and other developing economies - had better get used to high oil prices, the cartel of oil exporting countries, which fuels four out of every 10 consumer, on Monday threw out finance minister P Chidambaram's suggestion that OPEC should restore the price …
fuel price India fails to shield consumers A pressed Indian government raised petrol and diesel prices by 10 per cent on June 4, curbing losses to its state-owned refiners but stoking inflation and risking a political backlash. Petrol and diesel prices are now dearer by Rs 5 and Rs 3 …
A GROUPof British MPs is urging the government to use Tata-owned luxury Jaguar cars instead of Japanese hybrid cars that run on a mix of electricity and petrol. The campaign that could be summed up as "be British, drive British' follows Tata Motors' acquisition of Jaguar and Land Rover in …
Lorry owners staged a protest against the short supply of diesel in Kadiri town of Anantapur district on Monday. They were facing a shortage of diesel for the last few weeks due to short supply to the town. Earlier, nearly one lakh litres of diesel used to be supplied to …
Chandigarh: Though the inflation now stands at 11.05 per cent, rates of grocery items, fruits and vegetables have recorded a hike of 25 to 30 per cent.Varun Chadhadoes a recce of the city markets The skyrocketing inflation, now at a 13-year high, has virtually eroded the hard-earned wealth of the …
Thomas W Evans The US president has the power to attack, and perhaps destroy, the Organisation of Petroleum Exporting Countries (OPEC), the illegal cartel that has driven the price of oil over $130 per barrel. This can be accomplished without invasion or bombing. No special legislation is needed. The president …
Nagpur: Rising petroleum prices are likely to make PET products costly. With crude on the boil, polymers the raw material for making plastic products have become dearer by over Rs 10,000 per tonne within a month. As a result there is a likelihood of plastic packaging material manufacturers passing on …
The price of oil should be seen as part of a tax-subsidy framework, serving as part tax when global prices are low and part subsidy when they are high. S. SUBRAMANIUM IF THE GOVERNMENT is willing to compensate oil companies with resources mobilised through taxes on those who can afford …
The government is set to amend a clause of the SEZ laws to allow it to build strategic petroleum reserves totalling five million metric tonnes in the SEZ notified areas without being bound by any export obligations. The amendment would waive the requirement to export oil from its reserves to …
If the impending taxi strike was not enough, here comes another strike, which is set to hit both commuters and car owners hard. The West Bengal Petroleum Dealers Association has called a three-day strike in all the 2,000 odd petrol pumps in the state and the city from 30 June …
T Muruganandham AIADMK general secretary J Jayalalithaa on Wednesday accused oil companies of imposing a bigger fuel price hike on consumers by compelling dealers to sell only premium variety of petrol and diesel. She said regular supply of ordinary petrol and diesel in all bunks was the need of the …
Infrastructure sector growth declined to 3.6% in April against 5.9% in the year-ago month. Core sector growth for April 2008 declined to 3.6 per cent from 5.9 per cent in the same month last year on account of a huge fall in production of petroleum refinery products and electricity. The …
India got its first hybrid car on Wednesday with Honda rolling out a petrol-electric version of its Civic sedan. The car will be more eco-friendly and fuel efficient (for its class) than any other in the market but will remain a niche product. The reason? The Civic hybrid has come …
