New Delhi, March 27 (IANS) The government on Friday said retail pump prices of petrol and diesel will not change, and the excise reduction is not being passed on as a price cut at the pump.Instead, it directly reduces the under-recoveries being absorbed by public sector oil marketing companies (OMCs) — Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation — who have continued to supply fuel to Indian consumers at prices well below their cost of supply, the …
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New Delhi, March 26 (IANS) Nayara Energy on Thursday increased petrol and diesel prices, becoming one of the first fuel retailers in India to pass on the recent rise in global crude oil prices to consumers.The company has raised petrol prices by Rs 5 per litre and diesel by Rs 3 per litre, according to sources.The actual increase may vary slightly across states due to differences in local taxes such as VAT. In some regions, petrol prices have gone up by as much as Rs 5.30 per litre.The move come…
Srinagar, March 25 (IANS) Panic gripped people across the Kashmir Valley on Wednesday as motorists, trucks and owners of other conveyances mobbed petrol/diesel pumps trying to buy fuel. This is happening despite announcements made by the Indian Oil Corporation that there is no shortage of petroleum products in Jammu and Kashmir.People started mobbing refilling stations in Kashmir as news spread from one area to another, saying that acute energy crisis was gripping the Valley.At many places, poli…
Ahmedabad/Gandhinagar, March 23 (IANS) Fuel supply in parts of Gujarat is expected to stabilise within the next one to two days, officials said on Monday, even as the state government and oil companies reiterated that there is no overall shortage of petrol and diesel. The assurance comes after concerns over availability led to queues at some petrol pumps in parts of the state, with dealers attributing temporary disruptions to operational factors rather than any systemic shortage.Tansukh Pa…
Bengaluru, March 18 (IANS) Karnataka Food and Civil Supplies Minister K.H. Muniyappa on Wednesday informed the Legislative Council that the state is facing a shortage of commercial LPG cylinders and urged hotel owners and other commercial users to cooperate for a week until fresh supplies arrive.The minister said that only a limited number of commercial cooking gas cylinders can currently be supplied to hotels, restaurants, industries, and dhabas due to restrictions and supply issues.Muniyappa s…
Patna, March 13 (IANS) A disruption in LPG cylinder supply has triggered panic among consumers across Patna and several other districts of Bihar, affecting households and the hospitality sector.The situation, which residents link to the war in Iran, has led to shortages and long queues outside gas stations in many parts of the state.The hospitality industry has been among the worst hit, with reports suggesting that the supply of commercial LPG cylinders has almost come to a halt in several areas…
Patna, March 12 (IANS) The Bihar government has directed all districts to maintain strict vigilance and monitoring to prevent the black marketing and illegal storage of domestic LPG cylinders. On Thursday, Development Commissioner Mihir Kumar Singh chaired a high-level review meeting with district officials and Superintendents of Police from across the state to review the situation amid concerns related to the current global energy environment.Divisional Commissioners and Deputy Inspect…
Tiruchirappalli, March 11 (IANS) Prime Minister Narendra Modi arrived in Tiruchirappalli on Wednesday to participate in the third campaign rally of the National Democratic Alliance (NDA) at Panchapoor in Tamil Nadu’s Tiruchi district. Before addressing the rally, the Prime Minister inaugurated and laid the foundation stone for a series of major development projects in Tamil Nadu worth Rs 5,650 crore.Among the key initiatives was the foundation stone for a Rs 3,680-crore natural gas distribution …
Chennai, March 11 (IANS) Prime Minister Narendra Modi arrived in Tiruchirappalli on Wednesday evening wearing traditional Tamil attire, including a white dhoti (veshti) and shirt, drawing attention from supporters and officials during his visit to the city. Earlier in the day, the Prime Minister attended a government programme in Kerala before flying to Tamil Nadu.PM Modi landed at Tiruchirappalli International Airport at around 4:45 p.m. in a private aircraft. From the airport, he left for Panc…
Chennai, March 11 (IANS) With the announcement of the Tamil Nadu Assembly election expected soon, political activity in the State has intensified. In this backdrop, Prime Minister Narendra Modi will visit Tiruchirappalli on Wednesday evening to participate in a National Democratic Alliance (NDA) public meeting at Panchapur and launch a series of major development projects.Earlier in the day, the Prime Minister will attend official engagements in Kochi, Kerala, before flying to Tiruchirappalli. H…