Apr 18, 2017 at 19:07 | Source: PTI
Nearly 20,000 outlets in Tamil Nadu, Kerala, Karnataka, Puducherry, Andhra Pradesh, Telangana, Maharashtra and Haryana would be shut for 24 hours on Sundays.
Apr 13, 2017 at 12:22 | Source: Reuters
Gobbling up over a third of global supplies, Asia is the world's biggest and fastest growing region for oil consumption, and its seemingly insatiable fuel thirst has long been a core support for prices.
Apr 12, 2017 at 22:08 | Source: Moneycontrol.com
Petrol and diesel prices are soon going to be revised every day, in sync with international market rates.
Apr 12, 2017 at 13:58 | Source: PTI
State-owned fuel retailers Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL), which own over 95 per cent of nearly 58,000 petrol pumps in the country, will launch a pilot for daily price revision in five select cities from May 1 and gradually extend it to all over the country.
Apr 12, 2017 at 13:27 | Source: Reuters
To begin with, daily revision of fuel prices will be implemented in Puducherry and Vizag in southern India, Udaipur in the West, Jamshedpur in the East and Chandigarh in the North, they said.
Apr 07, 2017 at 17:41 | Source: Moneycontrol.com
If a dynamic model of pricing comes into effect, then it is not just the customer who will benefit, but public oil companies, which control over 95 percent of the market, will emerge winners, too.
Apr 07, 2017 at 10:46 | Source: Reuters
State-owned and India's biggest oil marketing company Indian Oil Corp Ltd and its two smaller peers Bharat Petroleum and Hindustan Petroleum are considering ways to roll out the plan to review petrol and diesel prices daily, executives from the firms told the daily.
Apr 07, 2017 at 10:16 | Source: Moneycontrol.com
The current trend in India is to change fuel rates every fortnight. A shift to daily change would mean that prices don't drop or rise sharply, as prices may only change by a few paise everyday and will not lead to shock to customers.
Apr 05, 2017 at 14:59 | Source: PTI
These mines will not have any restriction on the end use of the dry fuel. Besides, the private miners will have freedom to manage production, pricing and marketing strategy.
Apr 03, 2017 at 10:45 | Source: Moneycontrol.com
Going by what analysts say, the Udan scheme poses a plethora of challenges for airlines that have won bids in the country's ambitious regional connectivity scheme.