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 …

NOC-dealers dispute induces new fuel shortage

- Consumers were hit by another fuel shortage since Sunday after as petroleum dealers halted distribution because of a dispute with the Nepal Oil Corporation (NOC). NOC officials said that an agreement had been reached Monday evening, and the dealers would resume distribution Tuesday. The dealers said they stopped selling …

VAT panel seeks uniform prices for petro products

"States are facing difficult, volatile times' Centre asked for details on aviation fuel price NEW DELHI: Seeking uniform prices for basic petroleum products across all States, the Empowered Committee of State Finance Ministers on VAT (value added tax) on Monday asked the Centre to reveal its exact policy on petro …

The slippery slope

As the head of the United Progressive Alliance (UPA) Government, Prime Minister Manmohan Singh has been caught like a doe between covert economics and overt populism. No surprise then that the Government chose to issue a press release with blank spaces, on the "marginal" hike effected on petrol, diesel and …

Increase petrol prices, subsidise other fuels

For a beleaguered UPA government, increasingly under fire from the Left and the Opposition over galloping inflation, the sharp rise in global crude oil prices couldn't have come at a more inopportune time. The under-recoveries of the oil marketing companies (OMCs) are mounting and there are very real fears that …

Blinkers on oil consumption

India is in danger of losing yet another opportunity to reduce its dependence on petroleum. (Editorial)

Govt may raise fuel prices again, says Moodys

India may go for another round of hike in energy prices as global crude prices continue the upward swing, says credit rating agency Moody's. "As global prices continue to soar, the government will likely announce further increases in energy prices and cuts in subsidies,' said a report by Moody's Economy.com, …

Oilcos flogging costlier branded fuel

Gunjan Pradhan Sinha & Rajeev Jayaswal NEW DELHI AN ATTEMPT by oil marketing companies (OMCs) to force their retail outlets to sell more of branded fuel is coming in handy for transport companies to increase freight rates in excess of what was warranted by the recent fuel price hike. According …

Congress has no right to stay in power if it cannot control prices

The Bahujan Samaj Party held a rally in the Sector 17 plaza today to protest against the rising prices of fuel and the cost of essential commodities. Beating thalis to

View Point: Petro price hike

The hike in the price of petro-products announced by the UPA Government has led to agitations and bandhs all around especially in non-Congress ruled states. If we go by the version of the Govt. this hike had become necessary to save the Oil Companies from bankruptcy. Even the Reserve Bank …

Effective measures needed: To check petrol consumption

After the slowdown in American economy prices of crude oil have shown drastic swing. On Saturday the prices of crude oil reached up to 139 per barrel in New York. In the matter of oil consumption the five premier nations America, Japan, China, India and South Korea have expressed serious …

Personal Thought: Oil price hike to hit poor

The Union government has affected steep hike in petroleum prices. Petrol is dearer by Rs five, diesel by Rs three per litre and LPG cylinder would not cost Rs 50 more. Prime Minister Manmohan says that price hike had become a crying need in view of heavy losses to oil …

The Hike Could've Been Earlier, And Gradual"

The former petroleum secretary feels we gradually need to move towards a full or near-full neutralisation of global prices ...... Lola Nayar interviews Probir Sengupta Probir Sengupta, distinguished fellow at TERI and former petroleum secretary, spoke to Outlook the morning after the petro-products hike. Excerpts. Was the price hike inevitable …

Pump Jack Pressure

Bad timing, shocking scale

Drop by drop

A mismanaged oil price hike call leaves Congress in the lurch ...... "The Congress has a death wish...they now believe their neo-liberal economic arguments." A.B. Bardhan, CPI general secretary "The PM has done this in the national interest. The BJP just twists facts around." Kapil Sibal, Union Minister of Science …

Farmers worried over erratic power supply, hike in fuel prices

Amritsar - With power playing truant and prices of petrol and diesel on an all-time high, farmers in the district are at their wits ends. With paddy season approaching, farmers have urged the government to either ensure 24-hour power supply to run their tubewells or provide fuel at subsidised rates. …

State not in a position to reduce tax on petrol: Kalia

Justifying the stand of Punjab Chief Minister on not reducing the tax on petro-products, cabinet minister and senior BJP leader Manoranjan Kalia today said the state was not in a position to face the brunt of inefficient policies of the Union government. "States have limited sources to generate revenue and …

Fuel hike will burn a big hole in our pocket

The increase in fuel costs is expected to have a cascading effect on the price of essential commodities. With inflation at an all-time high, people are having a hard time managing their household budget. The Rs 5 hike in petrol, Rs 3 in diesel and Rs 50 for LPG has …

Britons put brake on passion for gas-guzzlers

UK registrations of 4x4 vehicles tumbled by more than 18 per cent last month in a powerful sign that Europeans are joining the headlong scramble out of large gas-guzzlers seen in the US. The data from Europe's second largest car market mirrors collapses in largevehicle sales under way in other …

Frugality is not poverty

The duty on buses which carry more people is the same as that on small cars, such is our warped policy. After much vacillation and prevarication, the government has finally done the inevitable

UPA does it

GLOBAL OIL SHOCK HITS HOME: Petrol up Rs 5, diesel Rs 3, LPG 50; unpopular but we had no choice, says PM, calls for official austerity Aware that it would very well be the last price hike that his government could afford before the election frenzy sets in, Prime Minister …

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