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PTI
October 5, 2018



PTI
October 5, 2018



PTI
October 5, 2018



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.


BusinessToday.In
New Delhi, October 5, 2018
The Centre has reduced the central excise duty levied on fuel by Rs 1.50 and asked the oil marketing companies to cut another Re 1 per litre. Around 14 states have also cut VAT on fuel so far.


PTI
October 4, 2018



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?


PTI
October 4, 2018



PTI
October 4, 2018



PTI
October 4, 2018



BusinessToday.In
New Delhi, October 4, 2018
Anil Ambani claims TDSAT nod for sale of spectrum; to pay Ericsson Rs 550 crBillionaire Anil Ambani-led Reliance Communications said on Wednesday that the telecom tribunal has allowed it to complete its planned spectrum sale, the proceeds from which will be used to pay Ericsson India and Reliance Infratel (RITL) minority investors. The debt-ridden firm said in a regulatory filing to the BSE that it will receive Rs 975 crore from sale of spectrum, and that it will pay Ericsson Rs 5...


BusinessToday.In
New Delhi, October 4, 2018
The global trends in oil are also disturbing. Brent on Wednesday had hit a four-year high of $86.74 a barrel. However, prices fell a bit after the US raised inventories and sources said Russia and Saudi Arabia struck a private deal in September to raise crude output.


BusinessToday.In
New Delhi, October 2, 2018
This year alone, petrol and diesel prices have been spiked by Rs 13.76 and 15.39, respectively, in the national capital. Prices have seen the similar hike in other metro cities as well.


PTI
October 1, 2018



BusinessToday.In
September 25, 2018
Brent crude oil prices were trading at over four-year highs and inched closer to $82 per barrel ahead of impending US sanctions on Iran.


BusinessToday.In
New Delhi, September 25, 2018
As per Indian Oil's daily pricing list for Tuesday, petrol has reached over Rs 91 in several districts of Maharashtra, with state capital Mumbai witnessing few paise jump to Rs 90.22 per litre.


BusinessToday.In
September 24, 2018
While the Sensex closed 536 points or 1.46% lower to 36,305, the Nifty lost 175 points or 1.58% to trade at 10,967 level. This is the weakest closing since July 11 when it settled at 36,265.93. The Sensex has lost 1,249.04 points in the previous four sessions.


BusinessToday.In
New Delhi, September 24, 2018
Other metro cities have also seen fuel prices going up. Petrol is priced at Rs 85.99 in Chennai, while diesel has reached Rs 84.54 per litre. In Kolkata too, petrol and diesel have gone up to Rs 84.54 and Rs 75.99 per litre, respectively.


BusinessToday.In
New Delhi, September 17, 2018
The groom's friends said that fuel symbolised a commodity worthy of being given as a gift.


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