Petrol Pump

Many establishments, especially quite a few petrol pumps, have put up announcements that they will not be accepting Rs 2,000 notes anymore.

Tesla Power USA inks pact with Indian Oil Corp to sell batteries at petrol pumps

The partnership will enable Tesla Power to sell and service batteries at over 36,000 IOCL petrol pumps across India, the US-based firm said in a statement.

Indian OMCs will run all retail fuel stations on solar power by 2024: Oil and Gas Secretary

So far, the OMCs have deployed solar panels to run 29,266 retail outlets, of which 3,000 outlets were added in FY22.

Govt mulls installing EV charging kiosks at around 69,000 petrol pumps in country

The power ministry has also chalked out a plan to focus on Delhi National Capital Region, Kolkata, Chennai, Hyderabad, Bengaluru, Vadodara and Bhopal for creating EV charging infrastructure in cities as well as on highways to encourage people to switch over to electric mobility.

Government gives nod to add 25,000 petrol pumps

Currently, state-run companies operate around 57,000 filling stations while the private players run around 6,000.

AAP traders' wing asks Jaitley to waive off MDR

Aam Aadmi Party's traders' wing today asked Union Finance Minister Arun Jaitley to waive off the MDR, a concession given to petrol pump dealers, as it was eating into the profits of merchants.

COMMENT: 3 ways in which banks are wiping out benefits of cash ban

Banks are the conduit through which the benefits of a high deposit base are likely to accrue. But if banks use it as a toll gate and start charging for every transaction, the economy would go back to its old ways.

Petrol pumps defer decision to not accept card payments

To promote cash-less transactions, the government had waived the Merchant Discount Rate (MDR) on fuel purchase post demonetisation for consumers. But after the expiry of the 50-day window, the banks have decided to levy MDR on petrol pump owners.

Old Rs 500 notes not acceptable from Dec 15 mid-night: FinMin

At the same time, mobile recharge facility with old Rs 500 notes will not be available. However, people can deposit invalid Rs 500 currency in their bank accounts.

Petrol pumps get into digital overdrive, play up wallets

Over 4,800 petrol pumps across the country are dispensing Rs 2,000 per card a day through POS machine swipes and have dispensed Rs 65 crore in the past two weeks.

Rs 500/1,000 notes valid for key utility payments till Nov 24

With banks struggling to cope with rush to get alternative currency, the government has extended use of old defunct Rs 500 and Rs 1,000 notes for paying household utility bills, fuel, taxes and fees and purchases from co-operative stores till November 24.

HPCL opens fuel pump at world's highest motorable road, Leh

The KSP was inaugurated by the Commanding Officer, Indian Army and Border Roads despite temperature being a minus 15 Degree Celsius.

Union Budget 2013: Dual diesel pricing at same pumps difficult to implement:FM

Finance Minister P Chidambaram today said it is being found difficult to charge a market price for luxury cars and a subsidised price for farmers and transport trucks at the same petrol pump.

Fuel pumps operating normally, no cause of agitation: FAIPT

The Federation of All India Petroleum Traders (FAIPT), an umbrella body which claims representation of most of the 42,000 petrol pumps in the country, today said its members have not gone on strike and fuel stations were operating normally.

IRDA wants kirana shops, chemists to sell micro insurance

To promote penetration of insurance in the country, IRDA today proposed to rope in kirana shopowners, chemists shops and petrol pump operators to sell micro insurance products.

Supply of petrol, diesel likely to be affected

Supply of petrol and diesel are likely to take a hit next week, as the petrol station owners have decided to join the all India strike call given by the Federation of All India Petroleum Traders on April 23.