Jaipur: Soaring petrol prices have forced the Army to look for other options in the SUV variant and it started summer trials of Mahindra Scorpio and Tata Safari in Thar desert in Rajasthan on Monday.
The vehicles are being driven by Army drivers to test their endurance, fuel consumption, temperature, cross country drive performance with and without load, power-to-wheel ratio among other factors, Army sources said.
Two variants of Mahindra Scorpio and one variant of Tata Safari are under the trial on desert tracks in Jaisalmer in the western sector, they said....
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10:50 PM, May 13, 2013
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10:54 PM, Apr 30, 2013
New Delhi: Oil companies may slash petrol prices by up to Rs 2 per litre from May 1, sources said on Monday. The sources said that the clarity on the monthly revision of petrol prices was expected on Tuesday. Petrol price were last cut by Rs 1 per litre on April 15, the third reduction in a month. Earlier in April, the price was reduced by 85 paise per litre....
05:53 PM, Apr 29, 2013
New Delhi: Petrol price were on Monday cut by Rs 1 per litre with effect from midnight, the third reduction in rates in the last four weeks. Earlier in April, the price was reduced by 85 paise per litre. The price cut, which was made possible because of fall in international oil prices, excludes local sales tax or VAT. However, there will be no change in diesel prices even though...
07:00 PM, Apr 15, 2013
Petrol price may be reduced by about Re 1 per litre while diesel price may be hiked by 40-50 paisa a litre from March 15 or 16. While petrol prices are being cut in step with falling international oil rates, diesel rate increase would be in line with the January decision to raise prices in small dozes every month till all of the Rs 11 per litre losses are eliminated....
12:59 PM, Mar 14, 2013
Red lines have been drawn for next month's Union Budget, Finance Minister P Chidambaram has said ruling out abandoning of all subsidises while non-merit ones could be eliminated over a period of time. ...
04:23 PM, Jan 30, 2013
Surajkund: Prime Minister Manmohan Singh on Friday justified recent "difficult" decision to hike prices of petroleum products and asked Congress cadres to have confidence in these measures arguing these were necessary. "We have to make all out efforts to change the conditions that affect the rapid growth of the country's economy," he said addressing a dialogue meeting of top Congress leaders in this picnic town on the outskirts of the...
11:46 PM, Nov 09, 2012
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 retailing. This has eased the cost of imports for oil firms, helping them make profit on sale of petrol. "Yes,...
10:29 AM, Oct 04, 2012
New Delhi: Days after the steepest diesel price hike, oil companies on Saturday raised premium or branded petrol and diesel rates by Rs 6.36 and Rs 19.55 per litre, respectively. The government, on Thursday, had raised diesel price by Rs 5.63 per litre and allowed the oil companies to price premium or branded petrol and diesel at market prices. Subsequently, the premium or branded petrol in Delhi is being sold...
09:27 PM, Sep 15, 2012
New Delhi: The Central Government is in a bind over the increasing fuel prices as several UPA constituents are opposed to the move. Even as state-run oil companies like Hindustan Petroleum, Bharat Petroleum and Indian Oil Corporation say they are losing around Rs 15/litre on sale of diesel and approximately, incurring losses of Rs 200 crore each day on sale of this fuel, political pressure may force the government to...
01:05 PM, Sep 11, 2012
New Delhi: The prices of diesel, kerosene and LPG are likely to be hiked, according to sources. Sources say diesel prices are likely to be hiked by Rs 4 to 5 per litre, while the price of LPG is expected to be hiked by Rs 50 per cylinder. Oil companies will take the final decision on the price of petrol. According to sources, Finance Minister P Chidambaram and Petroleum Minister...
10:05 AM, Sep 11, 2012
New Delhi: The Centre may finally bite the bullet and hike fuel prices soon. Oil minister Jaipal Reddy speaking on Friday, though, ruled out an immediate hike, but he warned of painful decisions that need to be taken. The Oil Ministry has circulated a Cabinet note on fuel price hike. Finance minister P Chidambaram is reportedly pushing for a hike in fuel prices. A final decision will be taken after...
02:25 PM, Sep 07, 2012
New Delhi: Petroleum and Natural Gas Minister Jaipal S Reddy on Friday said that there was "no immediate plan" to increase fuel prices. The minister's statement came amidst reports that the government was planning to hike petrol prices by Rs 5 per litre. Addressing the media, Reddy said, "There is no immediate proposal to hike fuel prices, including petrol. The Cabinet will take the final call." The minister added, "We...
11:56 AM, Sep 07, 2012
New Delhi: India's annual consumer price inflation slowed slightly in July to 9.86 per cent, helped by a drop in petrol prices at the pump, government data showed on Tuesday, but a drought in parts of the country pushed food prices higher. India has the highest retail inflation among the BRICS group of emerging economies - Brazil, Russia, China, and South Africa - and is way above what the Reserve...
11:55 AM, Aug 21, 2012
New Delhi: In a major relief for the common man, the petrol prices have been slashed for the second time after the steep hike of Rs 7.54 per litre on May 24. Following the cut, while petrol gets cheaper by Rs 2.46 in the national capital, the price reduces by Rs 3.13 in Mumbai. The cut is based on global crude prices and the exchange rate of the rupee vs...
12:04 AM, Jun 29, 2012
Kolkata: After the pension sector reform bill was put on the backburner following opposition from key UPA partner the Trinamool Congress, Finance Minister Pranab Mukherjee on Friday night said the Centre would discuss the matter with that party. "We shall discuss this (Pension Fund Regulatory and Development Authority Bill, 2011) with Trinamool Congress and its chief Mamata Banerjee. They have written wanting further discussion. So, let us discuss," Mukherjee told...
11:50 PM, Jun 08, 2012
Union Finance Minister Pranab Mukherjee on Friday said that the petrol prices may come down further. ...
11:38 PM, Jun 08, 2012
New Delhi: Petrol prices were slashed by Rs 2 on Saturday, a day before the Anna-Ramdev fast and on a day Prime Minister Manmohan Singh met Trinamool Congress chief Mamata Banerjee, who asked for a rollback. The timing of the much awaited cut in petrol prices cannot be missed. Sources say that the government was not keen on a rollback soon after the Bharat Bandh, which is when oil companies...
09:58 PM, Jun 02, 2012
Minister of State V Narayanasamy said that petrol prices could come down further if international crude prices drop. ...
09:41 PM, Jun 02, 2012
New Delhi: Union Minister for Overseas Affairs Vayalar Ravi on Saturday pushed for reduction in petrol prices and said that the oil marketing companies are making false claims that they are incurring losses. He suggested that bold steps should be taken to reduce the recent increase in petrol prices. In a letter to Union Minister for Petroleum S Jaipal Reddy, Ravi questioned the claims of oil companies that they are...
08:11 PM, Jun 02, 2012
