Mysore/Mysuru: The oil marketing companies have increased the fuel prices and the petrol and diesel prices have been hiked by 85 paise and 79 paise per litre respectively on Wednesday. The price of petrol in city now costs Rs. 101.77 (Rs. 100.92 old price), an increase of Rs. 0.85 per litre while diesel now costs…
By Bhamy V. Shenoy More likely I may be the only one who questions the policy of NDA Government to drop petrol and diesel prices as a Deepavali gift. I am sure to get brickbats from most. I should hasten to add when in 2018 P. Chidambaram of UPA asked Prime Minister Modi to reduce…
After Centre, people await State also to reduce rates Consumers happy, but traders not as profit margin reduces Ever-rising commercial LPG prices put hoteliers in soup Mysore/Mysuru: Hours after the Central Government cut the Excise Duty on petrol and diesel, nine BJP-ruled States announced additional reductions in fuel prices. These States include Karnataka, Assam, Tripura,…
By Bhamy V. Shenoy Under UPA when crude oil price reached a high of 147 dollars per barrel in May 2008, petrol price in Delhi was around Rs. 50 per litre. On Feb. 1 this year, crude oil price was 56 dollars per barrel and petrol price was Rs. 86.30 per litre. Already in Rajasthan…
Bengaluru: The State Government on Friday raised the rate of sales tax on petrol and diesel to 32% and 21% respectively. Petrol will cost Rs.70.8 per litre while diesel will cost Rs.64.6 as the increase in the rates will come into immediate effect. The prices of petrol and diesel was Rs.69 and Rs.62.8 on Friday….
By Bhamy Shenoy, IIT-Madras, Oil Industry Expert Congress Party, with the support of other Opposition parties, organised a nationwide Bharat Bandh yesterday, September 10, 2018, to protest against the price rise in petrol and diesel. Congress claimed that NDA has “looted” Rs. 11 lakh crore from “common man” by imposing high taxes on petroleum products. Most…
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