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4 hours ago
IOC awaits Centre nod on dynamic fuel pricing across India

New Delhi, May 25 (IANS) The ongoing dynamic fuel pricing pilot project in five cities by state-run oil marketers, whereby transport fuel prices are changed daily, would only be extended elsewhere in India on receiving the government's green signal, a senior oil executive said on Thursday. We started dynamic pricing in five cities in May. The pilot project is on-going, India Oil Corp (IO...

2 days ago
Petrol, diesel become cheaper in Uttarakhand

Dehradun, May 23 (IANS) With the carbon cess being withdrawn, petrol and diesel have become cheaper in the hill state of Uttarakhand from Tuesday, officials said. Petrol prices have been slashed by 25 paise a litre while diesel prices have come down by 50 paise per litre, the officials said. An order to this effect was issued by the state government late on Monday. The T...

8 days ago
JK Lakshmi Cement's Q4 standalone net profit down 19%

Mumbai, May 17 (IANS) JK Lakshmi Cement on Wednesday reported a decline of 19.40 per cent in its standalone net profit for the quarter ended March 31, 2017. According to the company, its net profit during the quarter under review decreased to Rs 20.85 crore from Rs 25.87 crore reported in the corresponding period of 2015-16. However, the cement manufacturer's total income during ...

8 days ago
JK Lakshmi Cement's Q4 standalone net profit down 19%

Mumbai, May 17 (IANS) JK Lakshmi Cement on Wednesday reported a decline of 19.40 per cent in its standalone net profit for the quarter ended March 31, 2017. According to the company, its net profit during the quarter under review decreased to Rs 20.85 crore from Rs 25.87 crore reported in the corresponding period of 2015-16. However, the cement manufacturer's total income during ...

25 days ago
Petrol hiked by 1 paisa a litre, diesel by 44 paise

New Delhi, May 1 (IANS) With the ongoing fluctuation in global crude oil rates, state-run Indian Oil Corp (IOC) has marginally hiked the price of transport fuels, of petrol by 1 paisa and of diesel by 44 paise both at Delhi with corresponding increases in other states, effective Monday. Prices were last hiked on April 16 with a Rs 1.39 per litre increase in petrol and Rs 1.04 a litre rai...

25 days ago
'Dynamic' daily fuel pricing in some cities from Monday

New Delhi, April 30 (IANS) State-run oil marketers will roll out a dynamic fuel pricing pilot project from May 1 in five cities where the price of transport fuels would be changed daily so as to better cope with volatility in global crude oil prices. Petrol and diesel prices are currently revised on a fortnightly basis. All India Petroleum Dealers' Association President Ajay Bans...

27 days ago
Ambuja Cements net profit jumps 357%

Mumbai, April 28 (IANS) Ambuja Cements Ltd, a part of the global conglomerate LafargeHolcim, on Friday reported a 357 per cent increase in its standalone net profit to Rs 247 crore for the quarter ended March 31, 2017 as compared to Rs 54 crore in the corresponding period of previous financial year. The jump in net profit was attributed to sharp reduction in depreciation and amortisation...

1 month ago
Petrol, diesel prices hiked

New Delhi, April 16 (IANS) Petrol price will be up by Rs 1.39 per litre, while diesel price will go up by Rs 1.04 per litre from Sunday, the Indian Oil Corporation announced on Saturday. The current level of international product prices of Petrol and Diesel and INR-USD exchange rate warrant increase in selling price of petrol and diesel, the impact of which is being passed on to the cons...

1 month ago
Petrol, diesel prices hiked

New Delhi, April 15 (IANS) Petrol price will be up by Rs 1.39 per litre, while diesel price will go up by Rs 1.04 per litre from Sunday, the Indian Oil Corporation announced. The current level of international product prices of Petrol and Diesel and INR-USD exchange rate warrant increase in selling price of petrol and diesel, the impact of which is being passed on to the consumers with t...

1 month ago
Dynamic fuel pricing pilot project in some cities from May 1

New Delhi, April 12 (IANS) State-run oil marketers plan to roll out a dynamic fuel pricing pilot project from May 1 in five cities where transport fuel prices would be changed daily so as to better cope with volatility in global crude oil prices, a petroleum dealers' body said on Wednesday. Petrol and diesel prices are currently revised on a fortnightly basis. All India Petroleum...

3 months ago
Inflation in Britain highest since 2014: ONS

London, Feb 15 (IANS) Inflation in Britain has reached a record high of 1.8 per cent since 2014 in January, on the rising fuel price, the Office for National Statistics (ONS) has said. The latest ONS data showed on Tuesday that annual level of inflation as measured by the Consumer Prices Index (CPI) hit 1.8 per cent last month, compared to 1.6 per cent in December, making the first month...

3 months ago
Indian basket of crude oils goes over $55 a barrel

New Delhi, Feb 3 (IANS) State-run oil marketers failed to make the fortnightly revision in transport fuel prices due earlier this week while the Indian basket of crude oils closed trade on the last trading day on Thursday at over $55 a barrel, official data showed on Friday. With global oil prices firming up following the output cut by producers from last month, the Indian basket, compri...

4 months ago
Petrol prices cross 2013 peaks, but political opposition missing

New Delhi, Jan 21 (IANS) In February 2013, opposition parties, notably the Bharatiya Janata Party (BJP), took to the streets in protest as the price of petrol in the national capital spiralled to Rs 69.06. This is a betrayal (of) the people of the country. The BJP will not take this lying down, the then party spokesperson Rajiv Pratap Rudy had fulminated. Cut to today. Petrol pr...

4 months ago
Petrol price hiked by 42 paise a litre, diesel by Rs 1.03

New Delhi, Jan 16 (IANS) Following the recent spurt in oil prices to well over $50 a barrel, state-run Indian Oil Corp (IOC) hiked prices of petrol by 42 paise a litre, and of diesel by Rs 1.03, both in Delhi and effective from Monday, with corresponding increases in other states. The current level of international product prices of petrol and diesel and the INR-USD exchange rate warrant...

4 months ago
Petrol price hiked by 42 paise a litre, diesel by Rs 1.03

New Delhi, Jan 16 (IANS) Following the recent spurt in oil prices to well over $50 a barrel, state-run Indian Oil Corp (IOC) hiked prices of petrol by 42 paise a litre, and of diesel by Rs 1.03, both in Delhi and effective from Monday, with corresponding increases in other states. The current level of international product prices of petrol and diesel and the INR-USD exchange rate warrant...

4 months ago
Petrol price hiked by 42 paise a litre, diesel by Rs 1.03

New Delhi, Jan 16 (IANS) Following the recent spurt in oil prices to well over $50 a barrel, state-run Indian Oil Corp (IOC) hiked prices of petrol by 42 paise a litre, and of diesel by Rs 1.03, both in Delhi and effective from Monday, with corresponding increases in other states. The current level of international product prices of petrol and diesel and the INR-USD exchange rate warrant...

4 months ago
Petrol price hiked by 42 paise a litre, diesel by Rs 1.03

New Delhi, Jan 16 (IANS) Following the recent spurt in oil prices to well over $50 a barrel, state-run Indian Oil Corp (IOC) hiked prices of petrol by 42 paise a litre, and of diesel by Rs 1.03, both in Delhi and effective from Monday, with corresponding increases in other states. The current level of international product prices of petrol and diesel and the INR-USD exchange rate warrant...

4 months ago
Petrol price hiked by 42 paise a litre, diesel by Rs 1.03

New Delhi, Jan 16 (IANS) Following the recent spurt in oil prices to well over $50 a barrel, state-run Indian Oil Corp (IOC) hiked prices of petrol by 42 paise a litre, and of diesel by Rs 1.03, both in Delhi and effective from Monday, with corresponding increases in other states. The current level of international product prices of petrol and diesel and the INR-USD exchange rate warrant...

4 months ago
Petrol price hiked by 42 paise a litre, diesel by Rs 1.03

New Delhi, Jan 16 (IANS) Following the recent spurt in oil prices to well over $50 a barrel, state-run Indian Oil Corp (IOC) hiked prices of petrol by 42 paise a litre, and of diesel by Rs 1.03, both in Delhi and effective from Monday, with corresponding increases in other states. The current level of international product prices of petrol and diesel and the INR-USD exchange rate warrant...

4 months ago
Petrol price hiked by 42 paise a litre, diesel by Rs 1.03

New Delhi, Jan 16 (IANS) Following the recent spurt in oil prices to well over $50 a barrel, state-run Indian Oil Corp (IOC) hiked prices of petrol by 42 paise a litre, and of diesel by Rs 1.03, both in Delhi and effective from Monday, with corresponding increases in other states. The current level of international product prices of petrol and diesel and the INR-USD exchange rate warrant...

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