New Delhi: Petrol in the city could cost Rs 70.24 after implementation of Delhi Government's decision to cut VAT on the increased component of the fuel. Following the reduction of petrol prices by Rs 2.02 from Rs 73.18, the fuel would cost Rs 71.16 per litre from midnight on Sunday night which could further go down by 92 paisa when cut in VAT comes into effect. Presenting the budget on...
02:01 AM, Jun 03, 2012
New Delhi: The Congress on Saturday expressed hope that the cut of Rs 2.02 per litre in petrol price will provide relief to common man even as UPA ally Trinamool Congress and Opposition BJP rejected the partial rollback of the steep hike in fuel price. However, speaking on the condition of anonymity, the Congress leaders indicated continued sense of unease in sections of the party over the petrol price hike....
12:52 AM, Jun 03, 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: The price of petrol which has come down to 71.16 per litre Delhi could further decrease by 92 paisa when a proposal by the Delhi government to cut VAT on increased component of the fuel comes into effect. Following the announcement of the reduction by the Oil companies, petrol price has come down by Rs 2.02 per litre from Rs 73.18. Petrol would cost Rs 70.24 when the...
08:49 PM, Jun 02, 2012
Chennai: Tamil Nadu Chief Minister Jayalalithaa on Saturday termed the partial rollback of petrol prices by Rs two per litre as an "eyewash" that would not soothe people's anger and demanded a complete rollback. "Reducing Rs two from the earlier hike of Rs 7.50 will not benefit the poor. This small reduction will not soothe people's anger. It will continue to be a burden on poor and middle class," the...
08:24 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
People feel that a Rs 2 cut in the petrol price will not be of any help and it should have been at least Rs 5 per litre. ...
07:39 PM, Jun 02, 2012
The opposition parties as well as UPA ally Trinamool Congress have said that the Rs 2 cut in the petrol price is not enough. ...
07:36 PM, Jun 02, 2012
On this episode of Overdrive, we bring to you ten tips to save fuel while driving a bike and much more. ...
07:08 PM, Jun 02, 2012
New Delhi: In what comes as a relief to the common man, petrol prices will be cut by Rs 2 per litre with effect from Saturday midnight. Speaking to CNN-IBN, Minister of State for petroleum, RPN Singh, said that the oil companies were giving back their gain to the people by slashing the price. "Oil companies are giving back their gain to the people by slashing prices by Rs 2....
05:46 PM, Jun 02, 2012
New Delhi: The Prime Minister's Chief Economic Advisor Dr C Rangarajan has admitted that a hike in diesel and LPG prices is imminent despite a steep hike in petrol prices last week. While speaking to Karan Thapar on Devil's Advocate, Dr Rangarajan said the government can soften the blow but fuel price hike is the need of the hour to contain the fiscal deficit. Here's an excerpt of the interview:...
07:17 AM, Jun 02, 2012
Chandigarh: The Haryana government on Friday said it will not reduce tax on petrol as the price of fuel is already less in the state in comparison to rates prevailing in neighbouring states. Chief Minister Bhupinder Singh Hooda on Friday said price of petrol in Haryana was already less as compared to neighbouring states. Hooda was replying to questions after presiding over a meeting of the state cabinet here today....
02:26 AM, Jun 02, 2012
New Delhi: The Bharatiya Janata Party (BJP) on Friday announced it would hold a fortnight-long agitation across the country from June 7 which would culminate in a court arrest programme on June 22 to protest steep hike in petrol prices, alleged attack on the country's federal structure by the Centre and price rise. In a statement, BJP general secretary Ananth Kumar said the decision to launch a 'Jan Sangharsh Abhiyan'...
10:00 PM, Jun 01, 2012
Mumbai: The nation-wide bandh called by the NDA on Thursday crippled the commercial capital of the country, causing it to incur losses worth Rs 270-300 crore. MiD-DAY spoke to economists, who revealed that the city has a population of approximately 20 million, of which about eight million account for the workforce. On an average, each member of this workforce has an income of Rs 1 lakh per annum, while the...
03:47 PM, Jun 01, 2012
New Delhi: Petrol prices may be revised on Friday with companies talking about a scope of cutting rates by Rs 1.50-1.60 a litre. BPCL CMD RK Singh said on Thursday that prices could be cut by 1.5 to 2 rupees a litre if there is a drop in international crude prices. Indian Oil, Hindustan Petroleum and Bharat Petroleum had over the past one week indicated of a scope of reducing...
08:36 AM, Jun 01, 2012
Catch the day's top stories on India at 9 with Veeraraghav. ...
11:49 PM, May 31, 2012
The Prime Minister who was in charge of the coal ministry during 2006 to 2009 has been the target of a recent Team Anna's campaign against corruption. ...
10:34 PM, May 31, 2012
New Delhi: Petrol prices may be revised on Friday with companies talking about a scope of cutting rates by Rs 1.50-1.60 a litre. On a day when BJP-led NDA and the Left parties called a Bharat Bandh against petrol price hike, the government appeared in no mood to announce a cut. "To my mind, there will be no revision in rates tonight," a senior official at one of the three...
09:45 PM, May 31, 2012
New Delhi: A united opposition on Thursday enforced Bharat Bandh to protest against petrol price hike. Several states especially those ruled by the NDA witnessed total shutdown with offices closed, markets wearing a deserted look along with major disruptions in train and road traffic. The Delhi-Howrah train route was the worst hit. Violence was also reported from some area although there have been no reports of any major clash or...
05:39 PM, May 31, 2012
