PETROL

  • De-regulation of diesel prices in interest of common man, says Oil Minister 5 days ago

    New Delhi: As the Central government takes a big decision by de-regulating diesel prices, Oil Minister Dharmendra Pradhan says the call was taken after due deliberation, keeping in mind the interest of the common man. In an exclusive interview to CNBC-TV18, Pradhan said that the government has a back up plan...
  • Diesel cheaper by Rs 3.37 per litre as Centre de-regulates prices, Cabinet approves new gas pricing formula 1 week ago

    New Delhi: The Union Cabinet on Saturday decided on making some major reforms in the oil and gas sector. The Cabinet has given its nod to de-regulate the diesel prices, linking it to the global markets like that in the case of petrol, said Finance Minister Arun Jaitley. In this regard,...
  • Diesel prices likely to be cut by Rs 3.56 per litre October 16, 2014

    New Delhi: A Rs 3.56 per litre cut in diesel prices is in the offing as slump in international oil prices have helped nearly doubling of profit on India's most consumed fuel. With crude prices dipping to four-year low, the over-recovery or profit on diesel sales, which was Rs 1.90 a...
  • Petrol prices cut by Re 1 per litre with effect from tonight October 14, 2014

    New Delhi: Petrol price was on Tuesday cut by Re 1 a litre, but the first reduction in diesel rates in over five years will have to wait till completion of Assembly polls. State-owned oil firms, which cut petrol price by 54 paisa on October 1, reduced rates by another Re...
  • BJP lauds government's efforts to bring down inflation October 14, 2014

    New Delhi: BJP on Tuesday lauded the government's efforts to rein in inflation and exuded confidence that prices will further come down in the near future. The party said the Narendra Modi-led government was committed to bringing down prices and was taking the issue seriously which has been troubling the common...
  • Cyclone Hudhud: Chaos in Vizag, locals loot essential supplies, water costs Rs 250 per litre, milk Rs 100 October 14, 2014

    Visakhapatnam: As Visakhapatnam tries to limp back to normalcy after the destruction caused by Cyclone Hudhud, there is a mad scramble for food, water and fuel in the affected areas. The situation is tense with people stopping trucks, mobbing relief officers and looting supplies. The police have been resorting to...
  • Rs 2.50 per litre cut in diesel rate likely after state elections October 8, 2014

    New Delhi: A Rs 2.50 per litre cut in diesel prices and a little less than Re 1 a litre on petrol is in offing as international oil rates fell to a 27-month low. Prices may be cut after Maharashtra and Haryana assembly elections are...
  • Prices of essential goods will fall further in Modi rule: Amit Shah October 6, 2014

    Pune: BJP President Amit Shah on Monday said that prices have come down since Narendra Modi came to power at the Centre and that the downward trend could continue further in the current month. "Prices of essential commodities as well as that of petrol and diesel are falling since Modi...
  • Petrol price cut by 65 paisa; diesel rate to wait for PM Modi's return September 30, 2014

    New Delhi: Petrol price was on Tuesday cut by 54 paisa a litre, but the first reduction in diesel rates in over five years was put off until the return of Prime Minister Narendra Modi from the US. State-owned oil firms, which skipped raising rates...
  • Cut in petrol, diesel price put off till PM Modi's return from US September 30, 2014

    New Delhi: Diesel price is likely to be cut by about Re 1 per litre, the first reduction in rates in over five years, while petrol price may be slashed by around 55 paise after Prime Minister Narendra Modi returns from the US. Though on...
  • Diesel rate likely to be cut by Re 1/litre, petrol by Rs 1.75 September 30, 2014

    New Delhi: Diesel price is likely to be cut by about Re 1 per litre, the first reduction in rates in over five years, while petrol price may be slashed by Rs 1.75. State-owned oil firms are likely to announce reduction in rates, made possible because of softening in international oil...
  • J&K floods: Government restores fuel supply in Jammu region September 9, 2014

    New Delhi: As relief supplies pour in floodhit J&K, the government has restored fuel supply in the Jammu region and efforts are on to move stocks into Srinagar. "The Ministry of Petroleum & Natural Gas has taken several measures to ensure availability of essential petroleum products in the aftermath of...
  • Diesel price may be cut for 1st time in 7 years; Petrol by Re 1 per litre September 9, 2014

    New Delhi: With Brent crude oil prices dipping below $100 per barrel, petrol prices may be cut by Re one a litre and there is also a likelihood of first reduction in diesel rates in seven years. Petrol and diesel rates are due for revision on September 15 and there...
  • Petrol price cut by Rs 1.82 per litre, diesel rate hiked by 50 paise August 30, 2014

    New Delhi: In a major relief for the common man, petrol prices will be cut by Rs 1.82 per litre from midnight tonight. The diesel price, however, has been hiked by 50 paise. This is the third reduction in fuel prices in the month of August. Prior to Independence Day, the...
  • Maharashtra: Proposed strike of petrol dealers called off August 25, 2014

    Pune: The proposed indefinite strike called by petrol dealers in Maharashtra from midnight has been called off after mediation by Vinod Tawade, BJP leader and leader of opposition in the state legislative council, according to a BJP release. The decision was taken after Tawade assured leaders of Federation of All Maharashtra...
  • Delhi: Soon motorists will require PUC to buy petrol, diesel August 20, 2014

    New Delhi: Soon motorists will have to show 'pollution under control' certificates at petrol pumps to refuel their vehicles with the Delhi government on Wednesday taking an inprinciple decision to this effect primarily to check vehicular pollution in the city. The decision was taken at a highlevel meeting chaired by Chief...
  • India @ 9 with Bhupendra Chaubey August 13, 2014

    Catch the day's top stories with Bhupendra Chaubey on India @ 9. ...
  • News 360: Congress corners government over spate in communal violence August 13, 2014

    Discussion over the Communal Violence Bill took place in the Lok Sabha on Wednesday amidst huge uproar. While the Congress alleged that maximum cases of communal violence had come to light since the Bharatiya Janata Party led government had taken charge at the Centre, the latter blamed the Congress of...
  • Petrol to be cheaper by Rs 1.892.38 this Independence Day August 13, 2014

    New Delhi: Petrol prices will be slashed down by Rs 1.892.38 from the midnight of August 14/15, said Oil Minister Dharmendra Pradhan on Wednesday. This will be the second reduction in rates this month. The previous government had in June 2010 freed petrol prices and since then rates have moved...
  • Petrol price likely to be cut on Independence Day August 12, 2014

    New Delhi: Petrol price is likely to be cut on Friday on the back of softening in international rates, Indian Oil Corp, the nation's largest fuel retailer, indicated on Tuesday. "Petrol is a decontrolled product and prices increase or decrease depending on input cost every fortnight. We had cut rates...
  • Unidentified men loot Rs 9.5 lakh from petrol pump employees August 8, 2014

    Armed miscreants today looted Rs 9.5 lakh from two employees of as many petrol pumps in Bihar's Navgachhia police district, a police official said. The incident took place near road number 14 as four miscreants riding on two bikes intercepted a bike and looted a bag containing Rs 9.5 lakh at...
  • Bihar minister Baidyanath Sahni booked over clashes with villagers August 1, 2014

    Bihar Animal Husbandry and Fisheries Minister Baidyanath Sahni has been named in a first information report (FIR) over violent clashes with villagers in Samastipur district, police said Friday. There were violent protests followed by clashes between the ministers' supporters and villagers Wednesday against his bid to lay the foundation stone of...
  • News 360: India has been a responsible steward of nuclear power, says John Kerry July 31, 2014

    On his 3day India visit for strategic talks, US Secretary of State John Kerry said that has been a responsible steward of nuclear power. In a joint press conference with External Affairs Minister Sushma Swaraj, Kerry also said, "India and US are indispensable partners in 21st century. There are incredible...
  • Petrol price cut by Rs 1.09 per litre, diesel hiked by 50 paise per litre July 31, 2014

    New Delhi: Oil companies have cut petrol prices by Rs 1.09 per litre with effect from midnight tonight. However, diesel prices have been hiked by 50 paise per litre. Petrol price was reduced following drop in international oil rates and rupee depreciation against US dollar, making imports cheaper. For the...
  • After years of struggle govt provides promised petrol pump to martyr's family July 28, 2014

    Col. Bhardawaj who is a soldier of very long standing and his son captain Umang Bhardawaj was killed in the J&K operations, has finally got the petrol pump promised by the Govt after running pillar to post for many years. ...
  • Cabinet to soon decide on 10 pc ethanol blending: Dharmendra Pradhan July 14, 2014

    New Delhi: Cabinet will soon take a decision on mandatory blending of 10 per cent ethanol with petroleum, Minister of Petroleum and Natural Gas Dharmendra Pradhan said on Monday. "The government has kept the interests of farmers in mind. It has started the process and the Cabinet will soon take a...
  • Delhi: Fire at petrol pump, two injured July 12, 2014

    New Delhi: Two employees received minor injuries in a fire at a petrol pump on Saturday, police said. The incident happened at a pump in Vasant Kunj area of south Delhi when fire broke out at a nozzle but was doused within 15 minutes by two fire tenders. Neeraj and Shehzad, who...
  • Branded petrol price cut by over Rs 5 per litre July 10, 2014

    New Delhi: Price of branded or premium petrol on Thursday was cut by over Rs 5 per litre after Finance Minister Arun Jaitley slashed excise duty on the fuel. Central Excise duty on Branded Petrol was cut from Rs 7.50 per litre to Rs 2.35 per litre. Branded petrol, which contains...
  • Tackling subsidy burden with innovative ways tops Oil Ministry's agenda July 6, 2014

    New Delhi: Accusing the previous UPA regime of leaving the coffers dry, Oil Minister Dharmendra Pradhan said that he wanted to tackle subsidy burden on the department in innovative ways. In an exclusive interview to Network18, Pradhan on Sunday said that the roll out of Direct Benefit Transfer (DBT) is one...
  • Government to take steps to minimise impact of price hike: Delhi BJP July 1, 2014

    New Delhi: Defending the Centre's decision to hike railway fares and increase in prices of other commodities including gas, petrol, diesel and vegetables, Delhi BJP on Tuesday said the Narendra Modi government will take steps to minimise the impact of these decisions on the common man. At a meeting, chaired by...