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Petrol Price

Sep 16, 2014 at 14:24 | Source: PTI
Under-recovery or the difference between retail price and its imported cost on diesel was 8 paisa per litre in the first half of September. The under-recovery in the second half has turned into over-recovery or profit of 35 paisa per litre.
Sep 16, 2014 at 11:47 | Source: Moneycontrol.com
According to a Crisil report, the breakeven period after buying a costlier diesel car, compared to a petrol vehicle, has moved up from 2.4 years in FY2012 (when the differential between the fuel prices was at the maximum) to an estimated 5.6 in FY2015.
Sep 16, 2014 at 11:33 | Source: CNBC-TV18
The government is also considering decontrolling or deregulating diesel prices and is finalizing a cabinet note on the same. It is also planning to restart the Direct Benefit Transfer (DBT) scheme for LPG on a priority basis
Sep 15, 2014 at 18:22 | Source: Moneycontrol.com
With the price gap between petrol and diesel narrowing sharply since fiscal 2012, the extra money paid to buy a diesel variant no longer makes economic sense, says CRISIL.
Sep 09, 2014 at 20:33 | Source: PTI
Petrol and diesel rates are due for revision on September 15 and there is a possibility of reduction in retail prices if benchmark Brent crude continues to stay below USD 100 a barrel mark, official sources said.
Sep 02, 2014 at 15:36 | Source: PTI
Congress-led UPA controlled rates as interntional oil prices went through the roof. In June 2010 however it freed petrol price from its control and rates have since them moved more or less in tandem with cost.
Aug 22, 2014 at 22:30 | Source: CNBC-TV18
The oil ministry will be working both Saturday and Sunday to finalise the cabinet note in connection with fuel pricing as well as subsidy sharing. The urgency is being seen because of under recoveries on diesel.
Aug 22, 2014 at 12:55 | Source: CNBC-TV18
RC Bhargava, the former CEO and current chairman of Maruti Suzuki expects growth to go beyond 7 percent mark in 18 months. "Things are looking more optimistic this festive season," he adds.
Aug 20, 2014 at 12:11 | Source: Moneycontrol.com
After consolidating for a few days, crude prices today fell below the key USD 100 per barrel mark, giving rise to expectations that given the recent stability the rupee has witnessed, diesel prices may finally get linked to the market.
Aug 13, 2014 at 18:02 | Source: Moneycontrol.com
This is the second cut in petrol prices since Narendra Modi government came to power. Oil firms had cut rates on August 1 by Rs 1.09 per litre, which was the first reduction in price since mid-April.
Messages on Petrol Price »

SugarTrappe
d

Gold Member

20 Followers

Gitanjali Gems  

you guys have no clue of things to come. Monsoon is bad and draught is staring. This will increase subsidies and petrol prices, and inflation. To contain the CAD, govt will continue to control gold prices. Only demand in US can offset the India problem.

10.05 PM Jul 3rd

R Jagannathan

Platinum Member

1023 Followers

Politics  

in diesel by 50 paise a month is in accordance with policy. It was the best decision ever taken by the UPA in years. It needs to be continued till prices reach market levels and then diesel can be deregulated. The hike in petrol prices may be warranted by recent increases in crude prices and so is the LPG

12.38 PM Jul 3rd

km852004

Platinum Member

191 Followers

ICICI Bank  

/milk/ onion/pototo/and groceries. Unless the production increase of the basic things like cultivation and vegetation they cannot do any wonders. For that they blame the rain and coming drought or iraq reason for petrol price escalation. Before also iraq or iran and other problems all there and evey one

12.15 PM Jul 3rd

km852004

Platinum Member

191 Followers

Other Market Topics  

every year buget coming and common man have to pay more from his pocket. specialy retired man became more troubled - with less income and travel become a necessary thing. increase 14% is making a big hole every ones pocket- gas price increase/petrol price/ milk price all are become a burden

12.06 PM Jul 2nd

Web Messenger

Platinum Member

240394 Followers

News Now  

Source:Calcutta Telegraph News - New Delhi, June 30: Petrol prices were today hiked by Rs 1.69 a litre and diesel 50 paise a litre as the crisis in Iraq caused a spike in global crude rates. The hike, effective midnight tonight, excludes local sales tax or VAT and the actual increase

5.41 PM Jul 1st

1310sid

New Member

0 Follower

ONGC  

petrol price hike & gas price hike no effect at all.... something is wrong any one any idea

1.44 PM Jul 1st

stocks4u

Silver Member

5 Followers

MBL Infra  

Government hiked petrol prices . The savings will be put on infra projects. There is more scope for MBL to go up in coming days. - My target for MBL Infra is Rs 450 for the long term with a stoploss of Rs 260

10.10 AM Jul 1st

bajaj_group

Platinum Member

121 Followers

Chennai Petro  

petrol price to go up by 1.69 from mid night.any comments?

8.58 PM Jun 30th

investing4m
asti

Silver Member

17 Followers

SBI  

IOC to raise diesel prices by Rs 0.50/litre from midnight. ET Now | IOC to raise petrol prices by Rs 1.69/litre from midnight ...Tomorrow Market will go up by another 1% and SBI another 2% jump...Happy investing...

7.55 PM Jun 30th

investing4m
asti

Silver Member

17 Followers

Suzlon Energy  

IOC to raise diesel prices by Rs 0.50/litre from midnight. ET Now | IOC to raise petrol prices by Rs 1.69/litre from midnight

7.43 PM Jun 30th

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Sep 17, 2014 at 19:27 | Source: BBC
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