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BusinessToday.In
May 12, 2019
State-run oil marketing companies (OMC) - Indian Oil Corporation, Hindustan Petroleum Corporation and Bharat Petroleum revise petrol and diesel prices on a daily basis.


BusinessToday.In
May 11, 2019
While price of petrol was cut by 48 to 50 paise, diesel became cheaper by 19 to 20 paise. Petrol price was cut by 48 paise to Rs 72.15 per litre in Delhi. Diesel in the city too has become cheaper by 19 paise to Rs 66.28. Similarly, petrol was selling at Rs 77.75 per litre, 48 paise down from Friday's Rs 78.23 price in the country's financial capital Mumbai.


BusinessToday.In
May 11, 2019
While price of petrol was cut by 48 to 50 paise, diesel became cheaper by 19 to 20 paise. Petrol price was cut by 48 paise to Rs 72.15 per litre in Delhi. Diesel in the city too has become cheaper by 19 paise to Rs 66.28. Similarly, petrol was selling at Rs 77.75 per litre, 48 paise down from Friday's Rs 78.23 price in the country's financial capital Mumbai.


BusinessToday.In
May 11, 2019
While price of petrol was cut by 48 to 50 paise, diesel became cheaper by 19 to 20 paise. Petrol price was cut by 48 paise to Rs 72.15 per litre in Delhi. Diesel in the city too has become cheaper by 19 paise to Rs 66.28. Similarly, petrol was selling at Rs 77.75 per litre, 48 paise down from Friday's Rs 78.23 price in the country's financial capital Mumbai.


BusinessToday.In
May 11, 2019
In Noida, petrol price was cut from Rs 71.90 to Rs 71.52 per litre while diesel became 17 paise cheaper and was retailing at Rs 65.25 per litre.


PTI
May 6, 2019



BusinessToday.In
New Delhi, April 23, 2019
As per IOCL data, petrol prices in Delhi, Kolkata, Mumbai and Chennai have gone up by just 40-55 paise since March 10, when the Election Commission announced the schedule for the seven-phase general elections. Diesel prices have actually come down while Brent has gone up by over $7 in the same period.


BusinessToday.In
April 23, 2019
Share Market Updates: Overall 22 stocks out of 30 stocks closed in the red on Sensex and 30 out of 50 stocks closed in the red on NIFTY 50.


BusinessToday.In
April 22, 2019
Share Market Updates: On the sectoralfront, Oil & Gas, Energy and Realty indices were among the major losers.  However, IT sector continued to outperformafter rupee slips against US dollar.


Niti Kiran
New Delhi, April 12, 2019
In FY19, sales are expected to grow by 24 per cent, while earnings before interest, tax, depreciation and amortisation (EBITDA) by 15 per cent and the bottom line numbers are expected to grow by 11 per cent.


BusinessToday.In
November 2, 2018
Brent crude oil prices used to price international oils, lost 26 cents to $72.63 per barrel., a fresh six-month low. It shed 2.9 percent on Thursday to $72.89 a barrel in London. The brent crude oil price has fallen 15.13% during the last one month from its 52 week high of $86.29 per barrel.


Anilesh S Mahajan
New Delhi, October 9, 2018
The stock price of largest OMC, Indian Oil tanked from Rs 155.80 to Rs 122.7, since Jaitley's announcement.


BusinessToday.In
October 6, 2018
Fuel rates saw a marginal increase after excise duty cut by Centre, VAT reduction by BJP-ruled states and Re 1 price cut by oil marketing companies coming into effect.


BusinessToday.In
New Delhi, October 5, 2018
According to analysts the development was a huge negative surprise also because it is likely to be construed as reversal of the autofuel price deregulation policy by investors, and return to the erstwhile subsidy sharing mechanism.


BusinessToday.In
New Delhi, October 5, 2018
The share prices of the state-owned OMCs, which had tanked 10.5-12.23% yesterday following the announcement, are yet to recover. BPCL (down 22.55%) and HPCL (down 21.35%) were reportedly among the top losers in opening trade this morning.


Anilesh S Mahajan
New Delhi, October 4, 2018
Though in consumer interest, the move brings out the question: Is this the end of reforms in the pricing of petroleum products, which took nearly eight years to take shape?


BusinessToday.In
October 4, 2018
Justifying the minimal relief in fuel prices, Jaitley said \"We have to react to the situation and give relief without impacting the fiscal deficit.\"


Dipak Mondal
New Delhi, October 4, 2018
Finance Minister Jaitley said that since the VAT is applied ad valorem with every increase in crude prices states earn more in revenue compared to the centre for which the tax remains fixed.


BusinessToday.In
October 4, 2018
Finance Minister announced a decline of Rs 1.50 in excise duty levied on petrol and diesel, and will notify the OMCs to deduct their prices by Re 1 to ease the burden on customers.


PTI
May 28, 2018



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