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Tag: Petroleum Products

Nirmala Sitharaman
No Proposal To Reduce Excise Duty On Petroleum Products: FM

Union Finance Minister Nirmala Sitharaman said that there is no such proposal to cut in excise duty levied on petroleum products for now

Petroleum Products' Prices Depend On Int'l Markets: Dharmendra Pradhan

New Delhi: Union Petroleum Minister Dharmendra Pradhan informed the Rajya Sabha on Wednesday that the prices of petroleum products in the country are governed by international market forces. The reply from Pradhan came during the Question Hour. Congress member KC Venugopal had objected to the Minister’s response, saying that he was not putting forth the […]

Saudi Stops Supply Of Oil On Deferred Payments To Pak After Deal Expires

Islamabad: Pakistan has not received the oil on deferred payments from Saudi Arabia since May as a deal signed between the two close allies for provision of USD 3.2 billion worth of the fuel under the arrangement expired two months ago. The USD 3.2 billion Saudi oil facility was part of the USD 6.2-billion Saudi […]

COVID-19  petrol price
Price Crash Brings No Relief: Oilcos Keep Fuel Prices Unchanged For 40 Days

New Delhi: This is one reform initiative of the government that has not yielded the desired results on the ground. A collapse in global crude oil prices was widely believed to provide relief to consumers by way of sharply lower retail price of petrol and diesel. But the reality has turned out to be something […]

BJD launches three day state-wide protest over fuel price hike

Bhubaneswar: The ruling BJD on Friday kicked off its three-day state-wide agitation protesting the spiraling fuel prices. For the next three days, party members across the state will stage peaceful demonstrations before petrol pumps in their respective areas for two hours from 10 am to 12 noon. In Bhubaneswar, party activists including members of the […]

Congress protest over fuel price hike in Cuttack

Cuttack: Vehicular traffic was affected for a few hours here today following a road blockade staged by Congress activists at Balikuda Chhak protesting the ‘abnormal’ price hike in petroleum products. Holding the BJP-led Central Government and Union Minister for Petroleum and Natural Gas Dharmendra Pradhan responsible for the hike, hundreds of members of Cuttack Nagar […]

54,000 petrol pumps to go on 24-hour strike next Friday

Mumbai: Around 54,000 petrol pumps all over India will go on a 24-hour strike from midnight on October 13 demanding inclusion of petroleum products under GST and other long pending issues, an official of a petrol dealers’ association said here on Saturday. “All the petroleum products must be brought under the Goods & Services Tax […]