retail fuel

China cuts fuel prices


June 9th, 2012 - 2:31 pm ICT by IANS
Beijing, June 9 (IANS) Petrol and diesel prices have been cut for the second time in a month in China amid growing government efforts to reverse a sharp slowdown in ... Read more...

Posted in Business |

Sri Lanka rejects Indian offer to upgrade refinery


April 29th, 2012 - 4:28 pm ICT by IANS
Colombo, April 29 (IANS) Sri Lanka has rejected an Indian offer to upgrade a refinery that is built to refine only Iranian oil, a minister said Sunday.Petroleum Minister Susil Premjayantha ... Read more...

Posted in Business |

Reliance fuel dealers on warpath in Gujarat


April 12th, 2010 - 1:01 pm ICT by IANS
Gandhinagar, April 12 (IANS) Reliance petrol pump dealers in Gujarat are on the warpath, seeking a refund of their investments because of losses and have threatened to take to the streets if ... Read more...

Posted in Business |

Murli Deora to seek Cabinet approval for market-set fuel prices


May 29th, 2009 - 3:28 pm ICT by ANI
New Delhi, May 29 (ANI): Petroleum and Natural Gas Minister Murli Deora on Friday said he would seek Cabinet approval for oil price deregulation in six weeks."Decision regarding decontrol of prices is ... Read more...

Posted in Business |

Reduction in fuel prices unfair: Asian Development Bank official


January 14th, 2009 - 3:21 pm ICT by IANS
New Delhi, Jan 14 (IANS) A senior Asian Development Bank (ADB) official has questioned the Indian government's policy decision to reduce retail fuel prices, but preventing oil companies from charging market rates ... Read more...

Posted in Uncategorized |

Reliance wants end of state intervention in fuel prices


January 13th, 2009 - 3:22 pm ICT by IANS
New Delhi, Jan 13 (IANS) Reliance Industries Ltd (RIL) is keen to re-open its retail fuel stations but is waiting for the government to end its intervention in determining the sale price ... Read more...

Posted in Uncategorized |

Lanka Indian Oil to market bitumen in Sri Lanka


November 25th, 2008 - 2:52 pm ICT by IANS
Colombo, Nov 25 (IANS) Having made its presence felt in retail fuel marketing across Sri Lanka, the Lanka Indian Oil Corp (LIOC) has decided to market bitumen in the island nation from ... Read more...

Posted in Uncategorized |

Deora rules out cut in retail fuel price


September 16th, 2008 - 11:05 pm ICT by IANS
New Delhi, Sep 16 (IANS) The government will cut oil prices only if international crude prices dip below $67 a barrel, Petroleum Minister Murli Deora said Tuesday.His announcement came as the global ... Read more...

Posted in Business |

Inflation touches 12.1 per cent


August 7th, 2008 - 9:22 pm ICT by ANI
New Delhi, August 7 (ANI): For the first time in 13 years inflation crossed 12 per cent, at 12.1 per cent, for the week ended July 26, on the back of ... Read more...

Posted in National |

Industry fears Rs.20-bn loss on first day of truckers’ strike (Roundup)


July 2nd, 2008 - 9:10 pm ICT by IANS
New Delhi, July 2 (IANS) The truckers' strike to protest rising taxes and fuel costs will further increase inflation and has caused industry to lose Rs.20 billion Wednesday, the first day of ... Read more...

Posted in Business |

India’s growth higher but no respite from price rise (Roundup)


May 30th, 2008 - 8:59 pm ICT by admin
New Delhi, May 30 (IANS) For a country getting ready for an imminent hike in fuel prices, Friday brought a mixed bag of news for its policy makers with economic growth tweaked ... Read more...

Posted in Business |

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