Diesel accounts for about two-fifths of refined fuel demand in India, which has grown by its slowest pace since fiscal year 2014 this year amid tight credit markets, contracting auto sales and slowing rail and air traffic

New petrol pump norms: licensees to set up a minimum 100 outlets with at least 5% in remote areasIndia's new liberalised petrol pump norms require licensees to set up a minimum of 100 outlets with at least 5 per cent of them in remote areas. The government had last month relaxed norms for setting up petrol pumps, allowing non-oil companies to market fuel in the world's fastest growing market.ISRO launches PSLV-C47 with Cartosat-3, 13 USA nanosatellitesThe Indian Space Reasearch Or...

Indian Oil Corp, Bharat Petroleum and Hindustan Petroleum --currently own most of the 66,408 petrol pumps in the country

A FASTag comes with Radio Frequency Identification (RFID) technology that is linked to the customer's saving account

Petrol Price Today: The prices of petrol went up by 14 paise per litre in Delhi, Kolkata and Mumbai, whereas, it rose by 50 paise in Chennai, in three days

Rajasthan CM Ashok Gehlot has directed the officials to work in coordination with the Centre and make efforts to get the assistance released at the earliest to the farmers whose crops were damaged due to heavy rains/floods

The Fitch group firm said that the linkages would be re-assessed in case of a decline in GoI's stake in an OMC and would also assess the continuance of government control in an OMC's decision making

Amid an economic slowdown, rising prices and reducing CNG rates, consumption of petrol and diesel has hit its lowest in two years

At present, to obtain a fuel retailing licence in India, a company needs to invest Rs 2,000 crore in either hydrocarbon exploration and production, refining, pipelines or liquefied natural gas terminals

'Prices of petrol and diesel are compared with neighbouring states, it was Rs 5-9 higher in Rajasthan,' Sunit Bagai, president of the Rajasthan Petrol Diesel Association (RPDA) said

Keen to get multi-nationals in domestic fuel retailing to boost competition, the government is mulling selling most of its 53.3 percent stake in BPCL to a strategic partner

Supplies of BS-VI grade petrol and diesel was extended to neighbouring districts in Rajasthan and Uttar Pradesh in April this year and now it has been extended to Haryana.

Privatisation of BPCL will not just shake up fuel retailing sector long dominated by state-owned firms but also help meet at least a third of the government's Rs 1.05 trillion disinvestment target

The 0.75 % discount on the value of fuel purchases using credit/debit cards and e-wallets was introduced in December 2016 and had continued for more than two-and-a-half years, straining oil marketing companies

According to Transport Department official, around 1.25 lakh vehicles turned up for pollution checks at around 950 centres from September 1-3 and more than 84,000 'pollution under check' (PUC) certificates were issued during the period