speed diesel

Diesel under-recoveries of oil companies rise 14 percent


August 16th, 2012 - 9:04 pm ICT by IANS
New Delhi, Aug 16 (IANS) Under-recoveries of public sector oil companies on high speed diesel (HSD) for the second fortnight of August 2012 grew 14 percent, official data released Thursday ... Read more...

Posted in Uncategorized |

Inflation down by 6.87 percent


August 14th, 2012 - 4:33 pm ICT by IANS
New Delhi, Aug 14 (IANS) India's headline inflation fell to 6.87 percent in July from 7.25 percent in the previous month, putting pressure on the Reserve Bank of India to ... Read more...

Posted in Business |

Petrol prices to be hiked by 70 paise from midnight (Second Lead)


July 23rd, 2012 - 9:59 pm ICT by IANS
New Delhi, July 23 (IANS) India's oil marketing companies Monday announced a hike in petrol prices by 70 paise a litre, with effect from midnight, citing increasing international oil prices ... Read more...

Posted in Business |

Inflation eases, but food prices surge


July 16th, 2012 - 3:12 pm ICT by IANS
New Delhi, July 16 (IANS) India's headline inflation fell to 7.25 percent in June from 7.55 percent in the previous month, putting pressure on the Reserve Bank of India to ... Read more...

Posted in Business |

Petrol prices to be cut by Rs.2.46 a litre (Lead)


June 28th, 2012 - 10:28 pm ICT by IANS
New Delhi, June 28 (IANS) India's oil marketing companies have decided to cut back petrol prices by Rs.2.46 a litre with effect from midnight, it was announced here ... Read more...

Posted in Business |

Inflation rises to 7.55 percent, food prices surge


June 14th, 2012 - 2:37 pm ICT by IANS
New Delhi, June 14 (IANS) India's inflation moved up to 7.55 percent in May as compared to 7.23 percent in the previous month, mainly driven by a sharp increase in ... Read more...

Posted in Business |

Petrol bunks go dry in three Tamil Nadu districts(Lead)


May 29th, 2012 - 12:33 am ICT by IANS
Chennai, May 28 (IANS) An acute shortage of petrol and diesel has hit three districts of Tamil Nadu with nearly 1,000 bunks going dry, a petroleum dealer said Monday.The shortage ... Read more...

Posted in Business |

Rich taxed, common man spared in Karnataka budget


March 21st, 2012 - 2:43 pm ICT by IANS
Bangalore, March 21 (IANS) Smoking, chewing tobacco and drinking will be more expensive while ready-to-eat chapatis and paranthas will be cheaper in Karnataka from April.Presenting a revenue surplus budget ... Read more...

Posted in Business |

Mumbaikars flay petrol price hike


September 15th, 2011 - 10:00 pm ICT by IANS
Mumbai, Sep 15 (IANS) City residents Thursday reacted angrily to the over Rs.3 per litre hike in petrol prices, saying the rising prices of goods is making it difficult for ... Read more...

Posted in Uncategorized |

Pakistan hikes petrol prices


August 1st, 2011 - 12:30 pm ICT by IANS
Islamabad, Aug 1 (IANS) Pakistan has increased petrol prices, an official said.The prices of petroleum products, barring high speed diesel, have been increased for August, reported the daily Dawn.Oil and ... Read more...

Posted in South Asia |

Pakistan reduces petroleum prices


July 1st, 2011 - 12:27 pm ICT by IANS
Islamabad, July 1 (IANS) Pakistan has brought down petroleum prices. The price of petrol has been reduced by Rs.3 per litre, diesel by Rs.2.01 and light speed diesel by ... Read more...

Posted in South Asia |

Oil spill feared off Kutch coast


June 21st, 2011 - 4:52 pm ICT by IANS
Gandhinagar, June 21 (IANS) An oil spill has been reported Tuesday at the Adani port in Mundra in Gujarat's Kutch following a rupture in the pipeline of a ship. The ... Read more...

Posted in Business |

Petroleum products get dearer in Pakistan


May 1st, 2011 - 1:57 pm ICT by IANS
Islamabad, May 1 (IANS) Prices of petroleum products have been raised in Pakistan.The Oil and Gas Regulatory Authority (OGRA) hiked petrol prices from Rs.83.56 to Rs.88.41 per litre and kerosene ... Read more...

Posted in Business |

Pakistan Railways gets money to keep it running


December 30th, 2010 - 2:12 pm ICT by IANS
Islamabad, Dec 30 (IANS) A package of Rs.11.1 billion ($128 million) has been approved for the Pakistan Railways for repair of 145 locomotives, improvement of tracks, maintenance of coaches and strategic reserves ... Read more...

Posted in South Asia |

Pakistan customs seize goods worth Rs 300 mn


November 9th, 2010 - 9:48 am ICT by IANS
Islamabad, Nov 9 (IANS) The customs department in Pakistan recovered smuggled goods worth Rs 311 million in the month of October, an official statement said here.The department - officially known as the ... Read more...

Posted in South Asia |

Chennai Petro at advance stage of completing Euro IV project


September 6th, 2010 - 7:59 pm ICT by IANS
New Delhi, Sep 6 (IANS) Indian Oil Corporation (IOC) Monday said its subsidiary Chennai Petroleum Corporation is at an advance stage of completing a project to meet diesel fuel quality and other ... Read more...

Posted in Business |

Oil spill from grounded ship in Lakshadweep prevented


August 19th, 2010 - 7:28 pm ICT by IANS
Mumbai, Aug 19 (IANS) Timely action by the Indian Navy and Indian Coast Guard prevented several tonnes of oil from spilling from a grounded ship off the Lakshadweep Islands and posing a ... Read more...

Posted in Environment |

India’s June inflation rises to 10.55 percent


July 14th, 2010 - 4:24 pm ICT by IANS
New Delhi, July 14 (IANS) The recent fuel price hike drove India's annual food inflation further up to 10.55 percent, from 10.16 percent in May, edging the Reserve bank of India closer ... Read more...

Posted in Business |

Will new traffic management bill reduce road accidents?


March 18th, 2010 - 3:34 pm ICT by IANS
By Prathiba Raju New Delhi, March 18 (IANS) Anupama Mehta, 48, cannot forget the day her 17-year-old son left home to go to a friend's place two kilometres away. Rammed by a speeding ... Read more...

Posted in Health Science |

ULFA blow up petroleum-laden train in Assam (Lead)


November 17th, 2009 - 3:48 pm ICT by IANS
Guwahati, Nov 17 (IANS) Militants of the outlawed United Liberation Front of Asom (ULFA) blew up a petroleum-laden train in Assam. At least 20 wagons went up in flames and a loss ... Read more...

Posted in Uncategorized |

Train carrying petroleum products catches fire in Assam


November 17th, 2009 - 11:44 am ICT by IANS
Guwahati, Nov 17 (IANS) At least 20 wagons were damaged in Assam when a goods train carrying petroleum products went up in flames. Authorities are not ruling out the possibility of a ... Read more...

Posted in Uncategorized |

Inflation rate rises marginally, still in negative


July 16th, 2009 - 4:36 pm ICT by ANI
July 16, 2009, New Delhi (ANI): Inflation on Thursday rose marginally to (-) 1.21 per cent for the week ending July 4 against (-) 1.55 per cent in the week before according ... Read more...

Posted in National |

Inflation rate rises marginally, still in negative zone


July 16th, 2009 - 2:01 pm ICT by IANS
New Delhi, July 16 (IANS) India's annual rate of inflation rose marginally to minus 1.21 percent for the week ended July 4, from minus 1.55 percent the week before, according to ... Read more...

Posted in Business |

Budget reduces duties on life saving drugs


July 6th, 2009 - 6:37 pm ICT by ANI
New Delhi, July 6 (ANI): The basic customs duty on influenza vaccine and nine specified life saving drugs used for the treatment of breast cancer, hepatitis-B and rheumatic arthiritis, on the ... Read more...

Posted in National |

India’s annual inflation rate dips further to 4.39 percent (Lead)


February 12th, 2009 - 4:55 pm ICT by IANS
New Delhi, Feb 12 (IANS) India's annual rate of inflation continued its descent, falling to 4.39 percent for the week ended Jan 31 from 5.07 percent the week before, official data showed ... Read more...

Posted in Uncategorized |

India’s annual inflation rate dips further to 4.39 percent


February 12th, 2009 - 2:15 pm ICT by IANS
New Delhi, Feb 12 (IANS) India's annual rate of inflation continued its descent during the week ended Jan 31 and fell to 4.39 percent from 5.07 percent for the week before, official ... Read more...

Posted in Business |

Experts for formula-based approach on petro pricing


February 9th, 2009 - 8:14 pm ICT by ANI
New Delhi, Feb.9 (ANI): Professor Arjun Sengupta, well-known economist and Chairman of the National Commission for Enterprises in the Unorganised Sector, Government of India, today suggested a formula based approach to ... Read more...

Posted in National |

Pak has only six days of petrol reserve at present


January 26th, 2009 - 7:23 pm ICT by ANI
Islamabad, Jan. 26 (ANI): A latest data report says that Pakistan is left with petrol reserves for only six days and furnace oil stock for nine days. Pakistans additional Secretary and ... Read more...

Posted in South Asia |

Pak govt allows urgent import of petrol, diesel


November 20th, 2008 - 3:30 pm ICT by ANI
Islamabad, Nov 20 (ANI): The Pakistan government is learnt to have decided to immediately allow imports of 25,000 metric tons of petrol and 50,000 metric tons of high-speed diesel to avert ... Read more...

Posted in World |

No diesel shortage in Madhya Pradesh: Oil ministry


October 15th, 2008 - 10:27 pm ICT by IANS
New Delhi, Oct 15 (IANS) The petroleum ministry Wednesday said there was no shortage of diesel in Madhya Pradesh even though demand has increased by over 50 percent this month. “The position ... Read more...

Posted in Business |

Petroleum Ministry to unveil public grievance redressal system today


October 2nd, 2008 - 8:43 am ICT by ANI
New Delhi, Oct 2 (ANI): The Oil Marketing Public Sector Undertakings (OMCs) under the Ministry of Petroleum and Natural Gas is set to unveil a massive public grievance redressal mechanism across ... Read more...

Posted in National |

State oil firms to start grievance redressal service


October 1st, 2008 - 8:55 pm ICT by IANS
New Delhi, Oct 1 (IANS) The three state-run oil marketing companies will launch a new grievance redressal scheme Thursday with toll-free numbers for registering complaints about their fuel products.A statement released by ... Read more...

Posted in Business |

Pakistan to pass oil spike burden to consumers


June 24th, 2008 - 2:11 pm ICT by IANS
Islamabad, June 24 (IANS) Pakistan is to pass the burden of rising prices onto consumers from July 1, the start of fiscal 2008-09, and will end power sector subsidies by the end ... Read more...

Posted in Business |

Inflation crosses 11 percent to hit 13-year high


June 20th, 2008 - 2:00 pm ICT by IANS
New Delhi, June 20 (IANS) India's annual inflation rate touched a 13-year high of 11.05 percent for the week ended June 7, the same week during which the central government had announced ... Read more...

Posted in Business |

Oil pool account can redress petrol price burden(Commentary)


June 15th, 2008 - 2:17 pm ICT by IANS
By Nandakumar J and A. Vinod Kumar Just before inflicting a burdening oil price hike on his countrymen, Prime Minister Manmohan Singh had hinted that no solution exists for this tangle, supposedly created ... Read more...

Posted in Uncategorized |

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