PETROL

  • Petrol, diesel prices in India lower than developed nations: Jayant Sinha 1 week ago

    New Delhi: The government on Friday said that petrol and diesel prices in India are much lower than rates in most of the developed countries, except the United states. Data presented by Minister of State for Finance Jayant Sinha in the Lok Sabha showed prices of petrol and diesel in India...
  • Petrol pumps to observe 15-minute blackout on Saturday 1 week ago

    Kolkata: Petrol pumps across the country will observe a "blackout" for 15 minutes on Saturday to push for their five-point charter of demands including compensation to dealers for financial losses due to frequent unplanned price fluctuations by oil marketing companies. In a media statement, All India Petroleum Dealers Association said the...
  • Modi government has added insult to injury:Congress on petrol price hike February 28, 2015

    New Delhi: Congress on Saturday reacted sharply to the hike in petrol and diesel prices saying that government has added insult to injury to the common man by the steep post-Budget increase. "Modi government has added insult to injury by first ignoring the common man and farmer in the Union Budget...
  • Fuel hiked: Piyush Goyal says government has no role in petrol pricing February 28, 2015

    Hours Finance Minister Arun Jaitley presented the Union Budget 2015 in Parliament on Saturday, the fuel prices were hiked. The petrol prices were hiked by Rs 3.18 per litre while diesel by Rs 3.09 per litre. Reacting on the fuel prices, Power Minister Piyush Goyal said the government has no...
  • Petrol price hiked by Rs 3.18 per litre, diesel by Rs 3.09 with effect from Saturday midnight February 28, 2015

    New Delhi: Hours after the Finance Minister Arun Jaitley presented his maiden full year budget on Saturday the fuel prices are hiked. Prices of the transport fuels were last revised upwards on February 16 by less than a rupee per litre each. "Since the above price revision, there has been further...
  • Japan now has more electric car charging points than petrol pumps February 18, 2015

    Tokyo: Green-car sceptics take note: Japan now has more electric vehicle charging spots than gas stations. The country's number-two automaker Nissan says there are now 40,000 charging units - including those inside private homes - across the nation, compared with 34,000 petrol stations. While gas stations have multiple pumps and can service...
  • Petrol price hiked by 82 paisa per litre, diesel by 61 paisa February 15, 2015

    New Delhi: Petrol price on Sunday was hiked by 82 paisa per litre and diesel by 61 paisa, reversing the declining trend of last six months. Petrol and diesel price hike is the first increase since August 2014 and follows firming of oil prices in the international market. A litre of...
  • Falling oil prices shrink trade deficit to 11-month low February 14, 2015

    New Delhi: Trade deficit narrowed to an 11-month low in January, helped by a plunge in global oil prices, bolstering the outlook for India's current account balance as well as the rupee. But in a worrying sign, weak global demand led to a second straight annual fall in merchandise exports. Exports...
  • India @ 9 with Palki S Upadhyay February 3, 2015

    Catch the day's top stories with Palki S Upadhyay on India @ 9. ...
  • Mission Delhi: PM Modi targets AAP over funding scandal February 3, 2015

    Prime Minister Narendra Modi on Tuesday hit out at the Aam Aadmi Party saying the funding scandal had exposed the AAP's double standards. ...
  • Petrol price cut by Rs 2.42 per litre; Diesel by Rs 2.25 per litre February 3, 2015

    With international crude oil prices continuing to rule below $50 per barrel, the three state-run oil marketing companies (OMCs) Tuesday decided to reduce petrol and diesel prices. Taking into account the effect of state levies, the petrol price in Delhi will be cut by Rs.2.42 per litre, while diesel cost will...
  • Centre approves plan to make Delhi free of petrol, diesel generators, says Piyush Goyal February 1, 2015

    New Delhi: Power, Coal and New and Renewable Energy Minister Piyush Goyal said on Sunday that the Centre has approved a plan to make Delhi diesel and petrol generator-free. Talking to the media, he said, "We want to make Delhi free of diesel generators and inverters through short-term and long-term...
  • India turns to grocery stores, petrol pumps for banking revolution January 27, 2015

    Mumbai: India is betting that mobile phone vendors, fuel stations and corner stores can help it put basic banking within the grasp of hundreds of millions of its poor people living beyond the reach of traditional bank branches. The clock is ticking down to a February 2 deadline for applications to...
  • Petrol costs more than ATF in India! January 21, 2015

    New Delhi: Perhaps for the first time, petrol in India costs more than the superior jet fuel (ATF) used in aeroplanes, as the government has levied a record excise duty on the fuel used in two-wheelers and cars. A litre of petrol in Delhi costs...
  • Customs duty may be reimposed in Budget 2015-16: Sources January 19, 2015

    New Delhi: In an upsetting news for consumers, the government is likely to reimpose customs duty at 2.25 per cent in the Union Budget 2015-16. The move will effectively reduce the impact of falling international crude prices. According to sources, more excise hike on fuel has also not been ruled...
  • Government hikes excise duty on petrol, diesel by Rs 2 per litre January 16, 2015

    New Delhi: India raised factory gate duties on petrol and diesel by 2 rupees a litre each on Friday, two private news channels reported, the fourth since the government lifted diesel price controls in October. The government has raised the duties to cash in on lower world oil prices to bolster...
  • Oil prices dip to 6-year low: Is this the right time for a cut in interest rates? January 14, 2015

    Oil tumbled 5 per cent to near six-year lows before recovering ground on Tuesday, and Brent briefly traded at par to US crude for the first time in three months as some traders moved to take advantage of ample storage space in the United States. ...
  • Oil near six-year low; Brent trades at par to US crude oil January 14, 2015

    New York: Oil tumbled 5 per cent to near six-year lows before recovering ground on Tuesday, and Brent briefly traded at par to US crude for the first time in three months as some traders moved to take advantage of ample storage space in the United States. Traders were searching to...
  • Tata Bolt to Hyundai Elite i20 Cross: Hatchbacks coming to India in 2015 January 7, 2015

    Besides being slotted as popular choices for first time car buyers, hatchbacks are a huge hit because of their compact dimensions and ease of driving. Not to mention the abundance of features that manufacturers are now offering with their cars. Key players as well as new ones in the market...
  • In Modi era, petrol costs more than aviation fuel: Congress January 5, 2015

    New Delhi: Petrol for common man costs more than the Aviation Turbine Fuel used in planes, Congress said on Monday while seeking to paint the Narendra Modi government as anti-poor and questioning it for the "grave injustice". What is "more painful" today is the fact that the price of petrol...
  • Petrol, diesel rates cut by Rs 2 per litre each December 15, 2014

    New Delhi: Petrol and diesel prices were today cut by Rs 2 per litre each as international oil prices slumped to five-year low. This is the eighth straight reduction in petrol prices since August, and fourth in diesel since October. New rates will be effective midnight tonight, Indian Oil Corp, the...
  • Excise duty on petrol, diesel raised; no impact on prices December 2, 2014

    New Delhi: The government on Tuesday raised excise duty on petrol and diesel by Rs 2.25 and Rs 1 a litre respectively, but consumers will be spared of price hike. The move, which comes amid declining prices of crude oil in the international market, will boost government revenue and help it...
  • Petrol price cut by 91 paise a litre, diesel by 84 paise with effect from Sunday midnight November 30, 2014

    New Delhi: Petrol and diesel prices are likely to be cut by 91 paise and 84 paise a litre, respectively. Petrol and diesel price reduction will be effective from Sunday midnight, Indian Oil Corp, the nation's largest fuel retailer, announced. In Delhi, petrol price will cost Rs 63.33 a litre as...
  • Haryana Police vows to produce Rampal before court, his supporters resist arrest violently November 18, 2014

    Hisar: As violence escalated in Hisar district of Haryana over the arrest of controversial self-styled 'godman' Rampal on Tuesday, police said the operation will end only after his arrest. "This operation will only end with Rampal's arrest. I cannot give any time frame. We will arrest him and present him...
  • Ahmedabad: Police give 1 litre free petrol to traffic rule followers November 13, 2014

    Ahmedabad: In a unique initiative to encourage citizens, the police gave an incentive of one-litre free petrol on Thursday to those following all traffic rules in Ramol area in the city. "More than 58 people, who were found obeying traffic rules today got incentives of one-litre of...
  • India @ 9 with Anubha Bhonsle November 13, 2014

    Catch the day's top stories with Anubha Bhonsle on India @ 9. ...
  • Bullet News: Catch the day's top stories November 13, 2014

    Bullet News is CNN-IBN's non-stop prime time bulletin where we bring to you the day's top stories from around the world. Be it politics, sports, entertainment or business, catch it here, only in 30 minutes. ...
  • News 360: Burdwan blast probe trail reaches Jharkhand, NIA to visit Dhaka November 13, 2014

    The probe trail in Burdwan blast case has now reached Jharkhand. National Investigation Agency on Thursday interrogated Harun and Mohammad Hussain, the two aides of Jamaat operatives Sajid and Amjad who were arrested recently. The interrogation of these Jamaat operatives zeroed in on the names of these two individuals. ...
  • Excise duty on petrol, diesel hiked; prices go up by Rs 1.50 November 13, 2014

    New Delhi: Petrol and diesel prices were on Thursday hiked by Rs 1.50 a litre after government raised excise duty on the two fuel to mop up an additional revenue of about Rs 13,000 crore. The fall in international oil prices had resulted in six consecutive reduction in petrol prices...
  • Petrol, diesel rates likely to be cut by Re 1 November 12, 2014

    New Delhi: Petrol and diesel prices are likely to be cut by close to Re 1 per litre this weekend on sliding global oil rates. This would be the seventh reduction in petrol prices since August and the third in rates of diesel since its decontrol...