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 …
CSE has welcomed the SC proposal to tax diesel cars in Delhi. The proposal mooted in the court by amicus curae Harish Salve is based on report from Environment Pollution (Prevention & Control) Authority. Centre for Science and Environment (CSE) has welcomed a proposal to tax diesel cars. The proposal …
This article critically evaluates the government's pricing policy for petroleum products in India. It looks carefully at the notion of "under-recoveries" oil companies and attempts to compare it with their profi ts under an alternative pricing regime. It concludes that under the suggested pricing structure the surplus generated in the …
Mumbai In what could be a festival gift for consumers from oil marketing companies, the price of petrol has been reduced by 95 paise per litre effective Friday. But the relief may be shortlived as state-owned retail entities have expressed concern over the “significant” volatility in dollar-rupee exchange rate that …
Losing after winning is the worst feeling possible. This is how I feel looking out of my window at a thick pall of black smog engulfing my city. It was this time of the year, exactly 15 years ago, when CSE began its right-to-clean-air campaign It was this time of …
Note on dieselization of cars and action plan: a brief summary of Supreme Court directives on toxicity of diesel and growing scientific evidence on health impacts of this fuel.
New Delhi Petrol price will be hiked by 30 paise per litre and diesel by 18 paise a litre after the government decided to increase the commission paid to petrol pump dealers. The petroleum ministry on Thursday decided to increase the dealer commission on petrol from R1.499 per litre to …
Timelines Soon as Ministries Fail to Act on Reforms Only three ministries set targets for implementing recommendations of the Ashok Chawla Committee on Allocation of Natural Resources VIKAS DHOOT & RAJEEV JAYASWAL NEW DELHI The government is set to expedite action on creating a transparent system of allocating natural resources, …
IndianOil, Bharat Petroleum and Hindustan Petroleum have incurred a loss of Rs 2,600 cr on sale of petrol during Apr-Sep period IndianOil, the biggest oil marketing company, has cut petrol prices by Rs 0.56 a litre, with effect from midnight on Monday The other oil marketing majors — Bharat Petroleum …
State oil firms have slashed petrol rates marginally by 56 paise per litre, lower than expectations of a . 1 cut, as the currency has appreciated, making imported oil cheaper in rupee terms. “It has been decided to revise petrol prices downward by . 0.56 per litre excluding state taxes …
Despite the Fed’s QE3, Saudi Arabia’s excess supply and geopolitical stability in the Middle East will push down oil prices. Weak global growth is slamming oil prices, sending them nearly 12% lower in less than three weeks, with more declines likely. With the absence of a Mideast crisis, oil prices …
New Delhi Petrol price may be cut by about Rs 1.60 per litre later this month as appreciation of rupee against the US dollar has helped state firms make profit on the fuel. Indian rupee appreciated to five-month high since the government announced allowing foreign direct investment (FDI) in multi-brand …
Mumbai: Petrol consumers may soon heave a sigh of relief as oil marketing companies (OMC) are studying the trend of the strengthening rupee and falling international crude prices, paving the way for reduction in petrol prices by around Rs 1.60 a litre. “We are positive on petrol and looking at …
Global kerosene and LPG prices divergent to those of diesel, petrol and ATF In the first price revision after the government capped the number of subsidised cylinders for consumers, domestic liquefied petroleum gas (LPG) has become nearly 17 per cent dearer, thanks to firm international prices. From October 1, the …
Drop In Crude Price, Rising Boost Margins. In Pakistan, oil companies slashed petrol prices by Rs 6 a litre effective Monday. Will their Indian counterparts follow suit? Consumers can only hope so, even though the fall in global crude prices and the rupee's rise against the dollar means that state-owned …
These Regulations shall be called the Nagaland Petroleum and Natural Gas Regulations, 2012. These shall extend to the whole of Nagaland. These shall come into force with immediate effect and shall be published in the Official Gazette of the State.
The finance ministry is considering whether it can lower the excise duty The government would take a hit of about Rs 6,000 crore this year if it rolls back the excise duty of Rs 1.5 per litre on diesel it levied last week. Under pressure from the Trinamool Congress, the …
IOC has been pleading with the government to move petrol back to a controlled regime After two months of losses, oil marketing companies (OMCs) have started making profits on sale of petrol, thanks to the softening global price and an excise cut announced by the government last week. The OMCs …
The record hike in the prices of diesel has made the petrol models more cost effective for the consumers. Considering the fact that manufacturers charge a hefty premium for diesel models over the petrol ones, the latest hike has made the petrol variants more cost effective by a few thousand …
The Minister of Petroleum & Natural Gas, S. Jaipal Reddy, has ruled out an immediate hike in fuel prices now. An official statement issued here said that the Minister said this at the sidelines of a function. Thus, putting to rest speculations of a revision tonight. The Minister, however, added …
