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 …
In the grim scenario of continued rise in oil prices, presently hitting at $127 a barrel in international market (on May 30, 2008) and adding yet more fuel to the prevailing fire of global inflation, the nations all the world over are facing it hard to adjust their economies to …
Prime Minister Manmohan Singh, in an address to the nation on Wednesday, explained the circumstances under which the government effected the revision in the fuel prices. "I know that the price increases we have had to announce today will not be popular, though they are only modest,' he said while …
The increase effected by the Union Government in the prices of petrol, diesel and cooking gas on Wednesday came as a shock for the residents of Chandigarh and Panchkula and many of them rushed to the nearby petrol pumps to fill the tanks of their vehicles at the old rates …
After considerable hesitation, the government has announced a package of measures to cope with the heavy burden imposed by the high global oil prices. Its most visible component is the hike in the retail prices of petrol and diesel
The United Progressive Alliance (UPA) government on Wednesday announced a steep hike in fuel prices. It increased the price of petrol by Rs. 5, diesel by Rs. 3 and LPG by Rs. 50 a cylinder, but did not touch kerosene. Almost all Opposition parties, the Left and the UPA's allies …
Following a prod by CPI(M) state secretary and Left Front chairman Biman Bose, West Bengal Finance Minister Asim Dasgupta on Wednesday announced sales tax cut on petrol and diesel to "provide some relief' to the common people even as the state Government urged the Centre to reconsider the fuel price …
Hiranmay Karlekar It is more likely for water to be turned into wine than for soaring petrol and diesel prices, which threaten to hobble the world's economy, to plummet. The global food shortage may end, but not in a hurry. It may also continue, given the vagaries of climate change …
Steady rise in fuel prices seems here to stay and each price rise is bound to have an impact on monthly budgets. With petrol becoming dearer by a steep Rs 5 and diesel by Rs 3, auto experts say that simple changes in driving habits and minor alterations in lifestyle …
Your motor fuel bill is poised to rise as the government looks set to decide on oil prices on Wednesday. Also on the agenda is an increase of Rs 10-20 in the price of cooking gas refills
The government is likely to announce a hike in fuel prices on Wednesday to bail out state-owned oil marketing companies (OMCs) that are suffering massive financial losses due to skyrocketing international crude prices. The decision will be first taken at a meeting of the Cabinet Committee on Political Affairs (CCPA) …
Under-recoveries by state-owned oil marketing companies are set to hit a new record in June with the under-realisation on the sale of diesel, the largest selling fuel and also the most politically sensitive, almost matching the subsidised selling price. At Rs 31.58 per litre, the under-realisation on diesel is a …
As more than 20 per cent of the retail outlets of various state-run oil marketing companies in Punjab ran dry today, panic-struck people began hoarding petrol and diesel, wherever available. The situation was worse in rural belts of Amritsar and Jalandhar and in the districts of Bathinda, Barnala and Sangrur, …
THE KEENLY-AWAITED decion on petrol and diesel prices, expected to be finalised on Saturday, has been deferred by the government yet again. A comprehensive proposal to address the ongoing spurt in crude oil prices with a combination of price hike and duty cuts, is expected to be taken up next …
Decision Likely Next Week After CWC Meet The Congress's core ministerial panel on Friday gave its green signal to raising motor fuel prices but the quantum of increase emerged as a hitch. A decision is now expected only next week, after two high-profile political meetings
In the face of skyrocketing petrol prices, the New Zealand government has said that it would delay the introduction of a new petrol rates under the emissions trading scheme (ets) for two years. The proposed hike in petrol prices was part of a government plan to cap greenhouse gases emitted …
AMITAV RANJAN Hike, Cuts & Bonds But Govt will push for Rs 3 & Rs 2 per litre for petrol and diesel, Rs 50 for LPG as it anticipates ally pressure. The government has, in principle, decided to increase prices of petrol by Rs 2 per litre, diesel by Re …
State-run Hindustan Petroleum Corporation Limited on Thursday warned that it would be forced to resort to curtailment of supplies to retail outlets if fuel prices were not raised immediately. It said it was running out of cash due to high under-recoveries. Addressing a press conference here, HPCL chairman Arun Balakrishnan …
