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 …
With the Rs 28,000-crore refinery project of Indian Oil Corporation Ltd (IOCL) at Paradip under a cloud of delay, the Odisha government has decided to ink an MoU (Memorandum of Understanding) with the oil marketing firm to stipulate timeline and milestones for commissioning of the project. IOCL being the anchor …
A firm decision will improve the health of OMCs, government finances and rural citizens who use kerosene Global oil prices have been high in recent years even as our oil imports keep rising. Plunging value of the rupee adds to this import burden. Government’s decision to raise petrol prices is …
Petrol Hike Should Have Been Done Earlier: Pawar Agriculture minister Sharad Pawar has said that the UPA government could have managed the petroleum price hike in a better manner, to spread out the burden over a longer period of time. On NCP’s 13th anniversary, Pawar spoke on a range of …
Andhra Pradesh government late on Wednesday decided to reduce Value Added Tax (VAT) by 2 per cent on petrol, bringing its price down by Rs1.19 per litre, a move which has been approved by the Election Commission (EC) ahead of the June 12 byelections in the state. The state government …
Freeing up petro product pricing and marketing will end the practice of oil companies making false claims of losses State oil companies are making a brave but laughable attempt to convince people that they acted very logically when they inflicted consumers with the highest-ever increase in petrol prices last month …
The petrol price in Delhi is all set to go down by 92 paise per litre from Rs. 71.16 as the Delhi Budget, which carried the proposal of waiving off the Value Added Tax on the recently-hiked price of the fuel, was passed by the Assembly on Monday. Besides, the …
In the wake of a marked preference of personal vehicle owners, more so after the hike in petrol prices, the Finance Ministry is having a re-look at the Petroleum Ministry's proposal to hike the excise levy duty on diesel cars so as to disincentivise consumption of the subsidised transportation fuel. …
The approval of Delhi budget 2012-13 on Monday brought about the rollback several levies proposed by Chief Minister Sheila Dikshit, who also holds the Finance portfolio. The much protested proposal of implementing 5 per cent VAT on CNG and textiles was withdrawn and Dikshit announced a reduction of VAT on …
Terming as “justifiable” the government’s move to impose five per cent Value Added Tax (VAT) on CNG, the fuel on which the public transport runs in the city, chief minister Sheila Dikshit has ruled out any rollback of the increased price of the fuel. “We will not withdraw the VAT …
New Delhi: The Delhi chief minister on Sunday ruled out any rollback of the 5% VAT on CNG proposed in this year’s budget. CM Sheila Dikshit, while speaking to media persons, reiterated that the government would not succumb to pressure from the opposition benches to defer the tax on CNG. …
Jammu: Even as the Centre and oil companies are exploring options to revise the petrol prices following steepest ever hike of Rs 7.54 per litre, the state government seems to be in no mood to reduce the sales tax or value added tax (VAT) on fuel to provide some relief …
Petrol price will be cut by Rs 2 per litre with effect from midnight tonight. State-owned oil firms will reduce petrol price by Rs 1.68 per litre, excluding taxes. After including 20 per cent VAT, the cut in Delhi comes to Rs 2 per litre, industry sources said. Petrol after …
CHENNAI: The Madras High Court has dismissed a writ petition challenging the recent steep hike in the price of petrol. Accepting the arguments of Central Government senior standing counsel S Haja Mohideen Gisthi, a vacation bench comprising Justices K Venkataraman and C S Karnan dismissed the public interest writ petition …
ISLAMABAD, 30 MAY: After two days of talks concluded here yesterday here on the potential for trade in petroleum products between India and Pakistan, reports on the results differed, perhaps reflecting continuing tensions between the two countries. India has offered to build a pipeline from Jalandhar to the Wagah land …
The Bombay high court on Wednesday directed the Ministry of Oil and Natural Gas and three oil companies to file an affidavit explaining the reasons for the recent price hike of petrol by Rs7.50 per litre. The affidavits have to be filed by the Ministry, Indian Oil, Hindustan Petroleum and …
New Delhi: State-run fuel retailers are expected to announce a reduction of between Rs 1.50 and Rs 2 a litre in petrol price on Friday. The cut, once announced, will come into effect from June 1. The cut will bring some succour to consumers from the steepest-ever increase — Rs …
Bharatiya Janata Party members walk out of the House; nationwide bandh tomorrow Protesting against the proposed imposition of 5 per cent Value Added Tax on Compressed Natural Gas announced by Chief Minister Sheila Dikshit in the Delhi Budget 2012-13, the Bharatiya Janata Party members walked out of the Delhi Assembly …
With customers looking for cheaper mobility options, demand for two-wheelers is likely to go up. The runaway petrol price, which has singed many, has found an unexpected beneficiary in the Indian auto market: motorcycles and scooters. With customers looking for cheaper mobility options over pricier cars following the steepest-ever jump …
The BJP has called a Delhi bandh on Thursday to protest rising prices, including that of petrol, and imposition of VAT on CNG by the state government. The BJP-led NDA has called a nationwide bandh on the same day against the increase in the price of petrol. All prominent business …
CHENNAI: A writ petition was filed in the Madras High Court on Tuesday praying for a direction to the Centre to consider a representation seeking withdrawal of the steep hike in the price of petrol and ensure that fuel is available without difficulty. In his public interest writ petition, AIADMK …
