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Diesel prices will be hiked by 40-50 paise per litre every month.... 01 February 2013
Oil Minister M Veerappa Moily said on Friday that diesel prices will be hiked by 40-50 paise per litre every month till losses on the nation’s most used fuel are completely wiped out. Diesel is currently sold at a loss...
Keywords: oil marketing companies, retail selling rate, retail selling rate, veerappa moily.
Read MoreRELIANCE caused Jaipal Reddy loose Petroleum ministry? 29 October 2012
S Jaipal Reddy an affable and a highly able minister who earlier handled the portfolio of the Petroleum Minister had been moved on to be the Science and Technology ministry, which politically could be considered a demotion of sorts. This...
Keywords: pmo, RELIANCE, ril, Oil minister
Read MorePetrol price further cut by 78 paise per litre 01 December 2011
From Wednesday Petrol prices were cut by Rs 78 paise per litre.As this is the second reduction in this month,This will be effective from Wednesday midnight. On November 16, state-owned oil companies, had cut petrol price by Rs 2.22 per...
Keywords: wednesday midnight, oil minister Murli Deora, 78 paise per litre, second reduction month
Read MoreSteep hike of petrol prices burden common man 24 May 2012
Petrol hike-yet another burden on middle class section in the country! With the Centre hiking petrol prices barely within a day after the petroleum minister Jaipal Reddy stressed on the need to increase oil prices came in as a shock...
Keywords: previous, petrol prices, petrol prices hiked, previous
Read MoreUSD 579 mn penalty on Reliance 14 July 2014
The Central government has slapped Reliance Industries [RIL] with an additional penalty of USD579 millions for producing less than targeted natural gas from its Krishna-Godavari [KG] D6 block. With this the total penalty on RIL stands at USD 2.376 billions...
Keywords: Business News, Reliance Industries, Business News, Reliance
Read MorePetrol prices to be cut 13 August 2014
Oil Minister Dharamendra Pradhan said on Wednesday that petrol prices will be cut by Rs 1.89 to Rs 2.39 per litre as the international rates are coming down. Oil companies have last time reduced prices on August 1st by Rs...
Keywords: Oil companies, Crude oil rate, Oil companies, International Crude oil price
Read MoreFIR against me unconstitutional: Moily 14 February 2014
Union Oil Minister Veerappa Moily has said that the Delhi Chief Minister's case against him and others is unconstitutional. He also clarified that there is no question of stalling gas price hike from April 1. In December, the government of...
Keywords: Arvind Kejriwal, political news, Delhi CM Arvind Kejriwal, Delhi CM Arvind Kejriwal
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