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EPP would impact GRMs by $2.80/bbl: IOC
May 23, 2013 at 10:54 | Source: CNBC-TV18
In order to bring down the deficit by nearly Rs 15,000 crore, the finance ministry yesterday decided to change the pricing policy for petrol and diesel from "trade parity" to "export parity". The move is likely to reduce the selling price of fuels and impact the profitability of the already ailing PSU oil marketing companies.
CCI begins probe into alleged cartelisation in oil prices
May 21, 2013 at 16:31 | Source: PTI
Fair trade regulator has begun investigating into cartelisation allegations by oil marketing companies. Earlier, Petroleum Ministry clarified that it was not responsible for petrol prices since it is deregulated.
Does it make sense to buy diesel car to save on fuel cost?
May 20, 2013 at 16:31 | Source: Moneycontrol.com
If one had visited a car dealership a year ago and inquired about purchasing a diesel car, he would have been told a 4-5 month waiting period for getting delivery. The widening gap between petrol and diesel prices had brought about a marked shift in favour of diesel vehicles.
Structural reforms will push India's growth: Morgan Stanley
May 16, 2013 at 15:44 | Source: CNBC-TV18
Structural reforms like increasing FDI limit for certain sectors, deregulation of petrol and diesel are seen pushing India's growth in medium term, says Morgan Stanley's Manoj Pradhan.
The equation between petrol and pollution
May 09, 2013 at 13:48 | Source: Forbes India
As petrol prices go up, more buyers are opting for diesel cars which run on low costs but also result in more pollution.
Petrol, liquor, to become costlier in Bihar
May 08, 2013 at 09:01 | Source: PTI
Liquor and tobacco products except biddi and petrol would become costlier in Bihar with the state government deciding to impose additional tax on these items.

Videos »
EPP would impact GRMs by $2.80/bbl: IOC
BMW India bets big on Indian with enhanced 7,1-Series
OMCs should hike diesel prices more often: Kirit Parikh
OMCs can easily afford to cut prices by 2-2.5/litre: Expert
Diesel price hiked by 45 paisa/litre
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Pakistan school bus fire kills 16 children
At least 16 children and their teacher have been killed when their school bus caught fire in eastern Pakistan, police say. At least seven more children were taken to hospital after the incident on the...
May 25, 2013 at 20:12 | Source: BBC
MRPL in the red
New Delhi, May 24: Mangalore Refinery and Petrochemicals Ltd (MRPL) has suffered a net loss of Rs 61.90 crore in the March quarter on account of a sharp drop in refining margins. The company had repo...
May 25, 2013 at 20:12 | Source: Calcutta Telegraph News
MRPL reports Rs 61.90 cr net loss in Q4
New Delhi, May 24: Mangalore Refinery and Petrochemicals Ltd (MRPL) today reported a net loss of Rs 61.90 crore in the March quarter on the back of sharp drop in refining margins. MRPL, a subsidiary ...
May 24, 2013 at 17:47 | Source: The Hindu BusinessLine
BPCL is rolling up its sleeves to meet deregulated diesel market
Mumbai, May 23: India’s fuel retail landscape is poised to change in the next 12-18 months when diesel prices will no longer be subsidised. Petrol is already out of the ambit of controlled pric...
May 24, 2013 at 03:22 | Source: The Hindu BusinessLine
Chidambaram pegs fuel subsidy for current fiscal at Rs20,000 crore
A day after agreeing to dole out a record Rs100,000 crore in fuel subsidy for 2012-13, Finance Minister P Chidambaram today said cash payouts to oil firms this fiscal will be just Rs 20,000 crore. At...
May 23, 2013 at 17:35 | Source: DNA India
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