The petrol price was slashed by Rs 3 on Tuesday evening, effective from midnight. The petrol price was slashed as crude oil became cheaper in international market. In Mumbai, petrol price has been cut by Rs 3.15 to Rs 69.73 per litre, while the fuel in Kolkata...
Oil Marketing Companies (OMCs ) may slash the price of petrol by up to Rs 1.50 or Rs 2 per litre in line with the decline in international crude oil prices. The new price will reportedly come into effect from May 01.
The falling international crude oil prices might result in the decrease of petrol prices by Rs 2.50. A barrel of crude oil was priced at $106 last month, while now it has fallen to $98. The Indian rupee appreciation against the dollar will also help in the red...
Oil Marketing Companies (OMCs) may slash the price of petrol by up to Rs 2.50 per litre in line with the decline in international crude oil prices. The new price will reportedly come into effect by the end of April. Currently, petrol costs Rs 66.09 per litre i...
Petrol price was cut by Re 1 per litre, the third reduction in rates in one month.The price cut, which was made possible because of fall in international oil prices, excludes local sales tax or VAT. The new rate came into force from midnight yesterday. The new...
Oil marketing companies are likely to slash the price of petrol by upto 50 paise per litre. The cut in petrol prices will reportedly be announced after the scheduled fortnightly meeting of the oil marketing companies, which is to be held today or tomorrow.
Oil marketing companies are likely to slash the price of petrol by upto 50 paise per litre. The cut in petrol prices will reportedly be announced after the scheduled fortnightly meeting of the oil marketing companies, which is to be held today or tomorrow.
A businessman was shot dead in his shop in Madhya Pradesh and the entire incident was caught on camera. Even though the accused fled the scene, they were caught by the police as the murder was recorded by the CCTV camera in the shop. The three accused are in p...
News Night | In this edition of News Night, watch some of the top news stories of the day. Petrol price has been cut by Rs 2 per litre with effect from midnight tonight, excluding local taxes. This is the steepest reduction in rates in nine months. Minister of...
Petrol price was today cut by Rs 2 per litre with effect from midnight tonight, excluding local taxes. This is the steepest reduction in rates in nine months. Minister of Petroleum and Natural Gas Veerappa Moily says that the petrol prices have been reduced bu...
The petrol prices are likely to fall by one rupee and the diesel prices might increase by 40-50 paise. These new prices will be implemented by March 15th or 16th.
After Monday's proceedings in both houses of Parliament was disrupted by the opposition parties over the recent hike in petrol price, Tuesday's business in Lok Sabha as well as Rajya Sabha, too, looks to go the same way. The question is, will the Opposition re...
After a three-day brainstorming session, BJP is all set to take on the Congress-led UPA government in Parliament over petrol price hike. At the BJP National Council meet, Gujarat Chief Minister Narendra Modi had set the tone for the Opposition's attack, accusi...
After the government deregularised petrol, the frequent increase in the fuel prices have thrown common man's fuel budget out of whack. However, the government is not the only one to dig a hole in public's pocket. The police in Chandigarh caught a group of peop...
Centre stage | Petrol prices are something that has everyone worried about their budgets. If fuel price hike wasn't enough, vehicle owners have a new worry in the form of 'petrol thieves'. The Punjab Police have unearthed a new scam, where two men sold electro...
A gang has been pretty active robbing petrol bunks, jewellery shops and showrooms in Prakasam district, but were careless during an operation to loot Ahmed Jewellery in Manturu. The phone one of them left behind helped the police lock the entire gang up. The g...
Every year the public pays the Government direct and indirect taxes for benefits that the government promise to provide them with. But time and again the public is left searching for those promised benefits. Over the past few years, the government has been col...
Petrol price has been hiked by Rs 1.50 per litre and diesel by 45 paisa with effect from midnight on Friday. Petrol rates have been revised in step with the steep rise in international rates. Diesel prices were hiked with oil firms using the newly accorded fre...
Fuel prices go up internationally, resulting in the increase of petrol and diesel prices. The price of petrol has gone up by Rs 1.50 paisa per litre, and diesel prices might go up by 45 paisa soon.
Petrol price was hiked by Rs 1.50 per litre and diesel by 45 paise as state-owned oil companies exercised their newly bestowed pricing freedom today. This is the first hike in petrol prices in a span of three months and a half. The prices exclude local sales t...
After deregulation of petroleum products, sugar is the next commodity on the government's list. KV Thomas said that the government will meet soon and in the next 15 days they would take a decision on the deregulation of sugar prices. The oil companies are meet...
The common man's wallet may suffer a bigger burden in the coming few days with the government deciding to deregulate the prices of sugar. KV Thomas said that the decision on the regulation will be taken in the next 15 days. Apart from this, the oil companies a...
The oil companies are likely to meet today to decide on the next round of hike in fuel prices. The new prices are likely to be implemented from tonight. The petrol prices are likely to rise by Rs 1 per litre and diesel prices are likely to be increased by 50 p...
Vishwaroopam has stoked several communal sentiments and the police are leaving no stones unturned to avoid any sort of violent outbursts. The Coimbatore police have seized a bunch of petrol bombs, stashed away in an iron shop belonging to Anwar.
Kamal Haasan speaks on the Vishwaroopam controversy after the High Court lifts the ban on the movie. He said that all his wealth was put in making Vishwaroopam and it was already taking the toll on him. He said that if the movie does not release, he would be f...
Jairam Ramesh said that the increase in prices of diesel and LPG was inevitable as the prices in the global market were increasing. He said that the media was not highlighting the fact that the number of subsidized LPG cylinders has been increased from six to ...
In a press conference, Mayawati said that Congress is not with the common man. The recent price hike in diesel, LPG, kerosene and railway fares are all against the common man. She also asked for the number of subsidized cylinder to be further increased from ni...
Congress has always claimed that it is the party of the 'Aam Adami' but in the last few days they have done everything to disprove their claim. After the increase in the railway fares, Congress has deregulated the diesel pricing. The party has also increased t...
Among all negative news of price rise, the common man has a few reasons to smile as well. The petrol prices have been reduced by 25 paise and the government has increased the number of subsidized cylinders from six to nine. But diesel prices will continue to w...
The strike called by the workers in petrol pumps in Kannur demanding hike in wages continues. The District Collector has called workers for talks today. Even though district authorities held talks with workers on Thursday, it failed to reach a consensus.
The UPA government has taken a bold step by deregulating the diesel prices hoping to reduce subsidy burden on the economy. But this simple economics will not make the common man happy, as he has to battle the fall out in food price and transportation costs. Th...
Following the 35 paise petrol price hike, diesel and LPG prices might also be hiked soon. According to Petroleum Minister Veerappa Moily, the exact price has not been decided yet, but they will be hiked soon.
Following the 35 paise petrol price hike, diesel and LPG prices might also be hiked soon. According to Petroleum Minister Veerappa Moily, the exact price has not been decided yet, but they will be hiked soon.
The government has once again added to the woes of the common man by increasing the price of petrol by 35 paise per litre. A hike in diesel and LPG prices is also likely to happen. This increase in the prices of fuel will automatically mean increase in the pri...
Petrol price is hiked by about 35 paise per litre with effect from Tuesday midnight in line with the rising production cost. This is the first revision in the rates of petrol since November. Petrol price was hiked twice in October and November.
Petrol prices go up yet again and this time by 35 paise. According to the new prices, a litre of petrol now costs Rs 70.93 in Chennai. The prices were changed two times during the months of November and December last year.
A dramatic rescue in time saves an Indian vessel from sinking. The small Indian ship, which began to sink in the middle of the Indian Ocean after a engine failure, was rescued by a EU naval patrol ship. The EU patrol ship heard the distress call sent by Indian...
The Center is all set to hike the diesel and cooking fuel prices and the cap on subsidised LPG cylinders soon. Recommendations of the Kelkar Committee are under serious consideration, says sources. The Kelkar panel has recommended an immediate hike in the pric...
If you are hiring a driver for your car, you need to take a look at this story. The petrol and diesel that you fill in your car could be pilfered and sold in the outside market. Every day there is a queue of cars at Erramanzil in the heart of Hyderabad. But th...
An explosion set off a major fire at a diesel storage tank of Indian Oil Corporation's (IOC) Hazira terminal in Surat on Saturday. According to IOC sources, 500 fire fighters from Surat, Navsari and Billimora are battling to control the spread of fire to the s...
Petrol pumps in the state are on a one-day strike today. The strike, called jointly by the Kerala State Petroleum Traders Association and All Kerala Federation of Petroleum Traders, is in protest of the hike in price of petroleum products. The strikers no just...
Petrol pumps throughout the state will remain closed tomorrow to press for a reduction in the prices of petroleum products and to ensure that new petrol bunks are permitted to open only conditionally.
Majid Memon, Ashoke Pandit, Girish Kuber share some of the memories they shared with the late leader. After Lokmania Tilak's funeral, this is the first time Mumbai has come in full-force to show its support to someone. Not only have come to the streets, many h...
Achil Vandhavai | Oil companies decide to reduce the prices of the petrol by 95 paise. This is the 47th time the government is changing the prices of fuel. Also discussed Bal Thackeray's health and his political journey.
The government slashes the price of petrol by Rs 1.20/ltr on Thursday night, a second cut since October, on account of fall in international oil prices.
Oil companies reduce the prices of petrol by 95 paise and the revised price will come into effect from midnight of November 15. The oil prices have been slashed due to the fall in the price of crude oil in the international market.
Oil companies reduce the prices of petrol by 95 paise and the revised price will come into effect from midnight of November 15. The oil prices have been slashed due to the fall in the price of crude oil in the international market.
Indefinite strike by auto and taxi drivers, demanding revision of fares in view of the hike in petrol and diesel prices, has begun. The strike has affected the lives of common people in the state.
As the international crude oil prices are decreasing by the day, it is expected that the petrol prices in India will down soon. The fluctuating fuel prices have been a cause of concern for the people.
Thousands of Greeks took to streets in protest after the Greece parliament passed the latest austerity package. The budget cuts, which demonstrators term as unfair, were passed to secure a vital bailout funding from the European Union. Greek capital of Athens ...
These are the top 5 events/news items of the day in India and across the world. DMRC airport metro corridor safety project, Cabinet's decision on HAL disinvestment, government forces' attack on Damascus in Syria, demonstration in Greece, and so on.
Following the violence during Muthuramalinga Thevar's birth anniversary celebrations in Madurai, several political parties in Trichy demand that the accused be brought to books. Close to five men were killed when a petrol bomb was hurled at their car, when the...
Following the violence during Muthuramalinga Thevar's birth anniversary celebrations in several parts of Tamil Nadu, the Thevar groups have announced a bandh. Many cities like Madurai and Paramakudi have remained completely shut. Shops remain closed, while ver...
Following the violence during Muthuramalinga Thevar's birth anniversary celebrations in Madurai, the city remains shut. Condemning the violence, the city has shut down all shops and very few vehicles can be seen plying on the roads. More than five lost their l...
Muthuramalinga Thevar's birth anniversary celebrations in Madurai have been the bloodiest so far, with three of the victims of a petrol bomb attack succumbing to their injuries. A group of 20 persons, after paying homage to Muthuramalinga Thevar on his birth a...
Senior leader of the Telugu Desam Party, Yerran Naidu, died in a tragic accident in the Srikakulam district of Andhra Pradesh. He was returning from Vishakapatnam after attending a function, when his car hit a petrol tanker. Naidu was sitting in the front seat...
A group of 20 persons, after paying homage to Muthuramalinga Thevar on his birth anniversary, were injured when the vehicle they were travelling in caught fire, after an alleged petrol bomb attack. The car was the last vehicle in a convoy of eight vehicles tha...
Fuel prices are set to increase marginally. Following the oil companies' decision to hike dealer commissions, petrol will be dearer by 30 paise per litre, while diesel will be costlier by 18 paise per litre.
There are an estimated 4000 petrol pumps across the state, and nearly 800 of them in and around Hyderabad. For a city on the move, the decision of the petrol pump owners to restrict the timings, from Monday, to hours between 9 am to 6 pm has led to a lot of in...
Vehicle owners are in for more trouble as the 30,000 petrol pump owners, in an attempt to exert pressure on oil companies, have decided to operate on just one shift. This would mean that petrol pumps will remain closed post 5 pm. On highways the petrol pumps w...
Market Hour speaks to IOC's PK Goel on whether there will be further price cuts in petrol. US Treasury Secretary Timothy Gethner who is in India for a two-day visit will meet Finance Minister P Chidambaram and hopes to improve trade relations between the two c...
Belgian soccer player Jonathan Legear, drove his speeding Porsche through the glass doors of a gas station convenience store, injuring a customer at the cash register. Security video footage showed how the luxury sports car plowed through several stalls of foo...
Finally there is some sort of a relief for the 'aam admi'. As the Indian currency appreciates against the dollar, petrol price is slashed down by 56 paise per litre from effect by October 9 midnight. Another reason for this reduction is the fall of prices of ...
As the Indian currency appreciates against the dollar, petrol price is slashed down by 56 paise per litre from effect by October 9 midnight. Another reason for this reduction is the falling of prices of the international crude oil.
India Against Corruption member Arvind Kejriwal meets anti-graft crusader Anna Hazare. Kejriwal is said to make an official announcement of his political party on Tuesday. He says that there is no drift between Anna and him, but it is only that both of them ha...
AITMC Chief Mamata Banerjee has asked all her party members and supporters to participate in a rally organised by her in Delhi's Jantar Mantar on Monday against the recent reforms made by the UPA, in the past one month. Issues such as FDI in retail, LPG and fe...
AITMC Chief Mamata Banerjee has organised a rally in Delhi's Jantar Mantar,on Monday, against the reforms made by the UPA. Issues such as FDI in retail, LPG and fertiliser subsidies, and price hike of petrol and diesel are being rallied against. Around 1,000 T...
On Market Hour: Goldman Sachs AMC's Jim O'Neill confirms that the reform action is positive but implementation is key; Quantum Securities' Sanjay Dutt and Jyotivardhan Jaipuria dicuss the policy impact on markets and whether policy paralysis is turning into re...
The oil marketing companies may decide to cut petrol prices by up to Rs 2 per litre in the next few days, due to the falling international crude oil prices and a strengthening rupee. However, in another breakthrough, the Indian Oil has declared that new LPG co...
In a major relief for the aam admi, the steep petrol prices are likely to drop in the coming days. The price of petrol is likely to be slashed by a rupee or two per litre. The oil companies will be able to slash the price of petrol as the cost of crude oil has...
In a few days time, there could be restriction on how much petrol and diesel you can buy from a petrol/diesel bunk. The owners of petrol and diesel bunks have demanded a hike in sales margin from Oil PSUs. They have announced that they would stop off-take of p...
The Telangana Lorry Owners Association is carrying forward a protest against the rising price of diesel in the state. Lorry owners and drivers participated in the protest march and threatened to continue the strike until the UPA government considers their dema...
TMC leader and Railway Minister Mukul Roy remarks that his party strongly opposes the FDI in multi-brand retail and Aviation. He alleges that the TMC was not consulted in all the three decisions taken by the government; FDI in multi-brand retail and Aviation, ...
Virtually the entire Opposition has blasted the UPA government for the hike in diesel prices that was implemented on Thursday night. Across the country, people have come onto the streets to protest the hike. Housewives in Amritsar protested with LPG cylinders ...
For the past few years, the common man wakes up with the simple question at the back of his mind. How will he manage to shore his monthly finances in an scenario where prices of every commodity is racing ahead of his income. Into this cauldron the Manmohan Sin...
The price of diesel has been hiked by Rs 5. The announcement was expected earlier too, specially since the amount of subsidy on this fuel was higher. The oil PSUs has been crying hoarse about the losses due to subsidies they have to bear on account of petrol, ...
From September 14, the prices of diesel have been hiked by Rs 5. The cabinet gave its approval for the hike that has come after several days of dithering. The decision has also been made to limit the number of LPG cylinders allotted to just six per year to eac...
The Cabinet Committee on Political Affairs (CCPA), also the highest political decision making body, meets for a crucial discussion. The meet is attended by Petroleum Minister Jaipal Reddy and the important decision on increasing fuel prices is expected to be d...
The Cabinet Committee on Political Affairs is meeting today evening to discuss, and perhaps give its approval to hike in prices of petrol, diesel, kerosene and LPG. The core committee of the Congress had already met on the issue earlier.
Petroleum Minister S Jaipal Reddy has come out with a clarification on the issue of price hike in petrol and diesel. Reddy says the note circulated before the Cabinet Committee on Political Affairs was meant to apprise his colleagues about the demands raised b...
Union Petroleum Minister S Jaipal Reddy says that the under recoveries of public sector oil firms on account of subsidies had touched Rs 1.88 lakh crores, and hence a firm decision is needed at this stage on hiking of oil prices. He also said he had met the Fi...
The Cabinet Committee on Political Affairs is meeting today to discuss the issue of losses faced by the oil companies. They are likely to decide on a hike in the prices of petrol, diesel and LPG. Before this Cabinet meeting, however, the core committee of the ...
The Union Cabinet is meeting today evening at 5.45 pm to take a decision on the demands for a hike in the retail prices of petrol, diesel and LPG made by the Oil PSUs. The OIL PSU's say they are suffering a loss of over Rs 560 crore per day on account of subsi...
The Cabinet Committee on Political Affairs is set to discuss the diesel, petrol and LPG price hikes. Earlier there was a report on the Petroleum Ministry note to cut the LPG subsidy to six cylinders and the rest will have to be purchased at market rates. This ...
Will you see a hike in the prices of petrol and diesel by the end of the day? The agenda on the table of the Cabinet Committee on Political Affairs of the Central government is the demand from oil PSUs to allow them to hike the prices of petrol, diesel, kerose...
A war of words breaks out between two Congress leaders in Andhra Pradesh. Former Minister P Shankar Rao, who swears loyalty to the Gandhi-Nehru family, targets MLC Pulla Padmavathi. This infighting within the Congress is becoming commonplace in the state.
The government has no immediate plan to raise petrol, diesel, kerosene and cooking gas prices and the pricing issue will be decided by the Cabinet, says Oil Minister Jaipal Reddy.
Union Minister for Petroleum S Jaipal Reddy has denied any hike in prices of petroluem products. He was reacting to reports of a purported hike of Rs 5 in the prices of petrol.
This is the last day of the monsoon session of the Parliament, and probably by late evening you may see an announcement of a hike in prices of petrol, LPG and diesel. The government which has been under pressure from the oil PSUs will finally succumb to their ...
With reports that there may be an increase in fuel prices, the BJP has alleged that the ruling UPA government is trying everything to distract people's attention from the various scams that it is currently involved in. Speaking to reporters, BJP spokesperson P...
In just a week's time or two, the Union government is all set to drop a petrol bomb on citizens. And it is just waiting for the monsoon session of the Parliament to get over.
In this edition of the Market Hour: Sanjeev Prasad from Kotak Instl Equities on where to put your money; Vineet Nayyar from Tech Mahindra on buying Hutch's BPO; Anil Ambani on the Sasan project; the coal scam and its impact on power tariff; the impending petro...
One more attack on the already overburdened Indian public. The government is just waiting for the monsoon session of the Parliament to get over to raise the prices of petrol, diesel, kerosene and LPG. The story has also the rate card for the new prices that co...