In Lok Sabha, Petroleum Minister Hardeep Puri says fuel prices set by oil marketing companies. But price of India's crude import basket has dipped by 32% in last one year.
The retail fuel joint venture of Reliance and BP is selling diesel at about 1 rupee a litre lower than that of state-run Indian Oil, Hindustan Petroleum and Bharat Petroleum.
In recent years, fuel prices have been kept static for weeks before assembly polls, only to be changed soon after. However, there's no clarity over who's deciding the prices.
RIL’s Jamnagar facility is lifting crude processing & deferring planned maintenance to take advantage of surging diesel demand. It’s already sending shipments to Europe.
When diesel was Rs 20-25/litre cheaper than petrol in 2012-13, cars running on it accounted for 58% of the market. Now, people buy less polluting options, and experts welcome it.
The survey comes ahead of the GST Council meeting Friday, which is likely to discuss bringing petrol, diesel and other petroleum products under the GST ambit.
I was in Islamabad when Mark Tully broke the news of Zulfikar Ali Bhutto being hanged. I held it against him—he could have tipped me off. But he was a journalist before he was a friend.
Premier David Eby, the leader of the minerals- and gas-rich province of British Columbia, spoke with executives at Tata Steel and Reliance Industries on a trade mission to India.
President Murmu has also conferred Kirti Chakra on Major Arshdeep Singh of 1 Assam Rifles for eliminating armed cadres when patrol led by him came under fire along Indo-Myanmar Border last May.
No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.
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