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Expert panel for slashing of excise duty on branded fuel

Last Updated: Tuesday, June 17, 2014, 17:47

With sale of branded or premium petrol and diesel falling to almost nil due to high duties, a government appointed expert panel has recommended slashing excise duty to make them at par with regular fuel.

Petrol, diesel prices may be hiked to fund fuel upgrade

Last Updated: Friday, June 13, 2014, 19:05

Petrol and diesel prices will be hiked by 75 paise a litre each if the government accepts an expert panel report that recommends nationwide fuel standards be upgraded.

No price hike for domestic LPG cylinders: Pradhan

Last Updated: Friday, June 13, 2014, 14:50

The price of domestic LPG cylinders will not be increased and the number of subsidised refills given to consumers would continue, Union Petroleum Minister Dharmendra Pradhan said Friday.

Euro-IV petrol, diesel in 50 more cities by March 2015

Last Updated: Friday, May 09, 2014, 17:40

The Ministry has constituted a committee under Additional Director, Petroleum Planning and Analysis Cell (PPAC) for identifying these cities.

Petrol bomb hurled at govt school in poll-bound Baramulla

Last Updated: Tuesday, May 06, 2014, 10:56

A petrol bomb was on Tuesday hurled by unidentified persons at a government school, where a polling station has been set up in Rafiabad area of Baramulla Lok Sabh constituency of Kashmir for tomorrow`s polls.

Govt puts petrol, diesel prices hike on hold

Last Updated: Wednesday, April 30, 2014, 21:18

Wary of taking unpopular decisions in the midst of elections, the government Wednesday did not allow oil companies to increase petrol and diesel prices as per the stated policy.

People who cast vote will get Re 1 discount on petrol in Ahmedabad

Last Updated: Tuesday, April 29, 2014, 16:13

In a bid to motivate people to vote, a group of city-based petrol pumps has announced an incentive to provide petrol cheaper by Re one per litre after verifying the indelible ink finger mark of every consumer.

Fuel demand grows by 0.7% in FY14; slowest in 12 years

Last Updated: Tuesday, April 22, 2014, 18:43

India's fuel demand rose by its slowest pace in almost 12 years after monthly price increases chipped away growth in diesel consumption.

Oil stocks fall after petrol price cut

Last Updated: Wednesday, April 16, 2014, 18:49

Shares of oil marketing companies -- HPCL, BPCL and Indian Oil Corp-- fell Wednesday by up to 3.5 percent after the price of petrol was cut by 70 paise a litre.

Petrol price cheaper by 70p/litre; to cost Rs 71.41 in Delhi

Last Updated: Tuesday, April 15, 2014, 19:23

The price of petrol in Delhi will be lowered by 85 paise to Rs 71.41 a litre. This follows a 75 paise a litre reduction on April 1, which translated into a cut of 90 paise in Delhi to Rs 72.26.

Petrol price cut by 70 paise a litre

Last Updated: Tuesday, April 15, 2014, 18:44

The price of petrol, which was last cut by 75 paise on March 31, will cost Rs 71.56 a litre in Delhi.

Militants attack residences of two NC workers

Last Updated: Tuesday, April 15, 2014, 12:37

Militants attacked residences of two ruling National Conference workers in downtown Srinagar city by hurling petrol bombs.