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Petrol under GST unfeasible; excise duty can be cut, says Reddy
Fri, Sep 15, 2017
"While putting it (petroleum products) in GST is advisable, desirable, it's not a feasible proposition because state governments...Of the BJP also, will not agree," the senior Congress leader told PTI in an interview.
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Petrol and diesel prices in your city as on July 6, 2017
Thu, Jul 06, 2017
Petrol price in India rose 11 paise and that of diesel was hiked by 17 paise on July 6, 2017. It has been nearly 20 days since oil companies in India starting changing prices of petrol and diesel on a daily basis calling it dynamic pricing.
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Indian Oil Corp, others revise prices of petrol & diesel as daily changes begin ; here's how you can check rates
Fri, Jun 16, 2017
Major oil companies like Indian Oil Corporation, Bharat Petroleum and Hindustan Petroleum have revised their prices of petrol and diesel on Friday on as part of a new system of daily price changes in petroleum products.
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Petrol prices cross 2013 peaks, but political opposition missing
Sat, Jan 21, 2017
In February 2013, opposition parties, notably the Bharatiya Janata Party (BJP), took to the streets in protest as the price of petrol in the national capital spiralled to Rs 69.06. "This is a betrayal (of) the people of the country.
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RBI may go for 25 basis points rate cut on February 8, in April: BofA-ML
Wed, Jan 18, 2017
The Reserve Bank of India (RBI) is expected to go in for a 25 basis points (bps) rate cut at its next monetary policy meet on February 8 -- as also in April -- says a Bank of America Merrill Lynch (BofA-ML) report.
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Reserve Bank of India may consider a rate cut in first half of 2017: DBS
Tue, Jan 17, 2017
The Reserve Bank of India (RBI) is expected to go for a rate cut in the first half of this year, largely owing to 'below estimate' inflation, says a DBS report. Rising prices of petrol and diesel fuelled Wholesale Price Index (WPI) inflation to 3.39% in December 2016.
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Cabinet approves revision of ethanol prices to public sector
Thu, Oct 13, 2016
The Cabinet Committee on Economic Affairs (CCEA), on Thursday approved the mechanism for revision of ethanol price for supply to Public Sector Oil Marketing Companies (OMCs) to carry out the Ethanol Blended Petrol (EBP) Programme. The committee decided on the following:
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IOC hikes petrol price by 28 paise per litre, cuts diesel price by 6 paise a litre
Fri, Sep 30, 2016
Indian Oil Corporation (IOC) on Friday hiked petrol price by 28 paise per litre while it decreased diesel price by 6 paise per litre. This is the third time the company has increased the rates of petrol in the September month.
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