Oil Marketing

Another petrol price cut in the offing?

The government's attempt is to offset a price increase by a price cut, at a time when analysts and investors are prodding the government for bolder steps to contain ever widening fiscal and current account deficits.

Will sharpest petrol hike ever, last just eight days?

After announcing the sharpest increase in petrol prices - Rs 6.20 without the state tax effect - on 23 May, it seems that state-run oil marketing companies are ready to cut the price of the fuel by about Rs 1.67 per litre

How UPA can hike fuel prices without enraging everyone

Regular small hikes or cuts in fuel prices will reduce them to non-events instead of turning them into front-page events every time they happen.

Want OMCs to cut losses? Make blended petrol policy efficient

The much hyped Ethanol-Blended Petrol (EBP) programme, launched in 2001, has failed to meet even half of its first phase target.

Investor advisory firm seeks change in Infosys' auditors

Institutional Investor Advisory Services India, has advised shareholders of Infosys to vote against a resolution seeking the reappointment of its statutory auditors BSR & Co to ensure more transparency

Will there be a petrol price hike tonight?

Given that the political situation is so fluid, the UPA, weakened by election routs in Uttar Pradesh and Punjab, might be tempted to push through petrol price hikes tonight or in the next few days.

Subsidised oil is bleeding us: Rs 21 cr losses every hour!

If the UPA government did nothing more than deregulate oil prices, even in stages, it can rescue the economy

Freeing diesel prices will cool down inflation: Basu

Chief Economic Advisor Kaushik Basu today pitched for freeing of diesel prices and said it would eventually cool down inflation, which should ideally be below 5 percent.

So, petrol prices have been hiked. Next up, diesel

The government is mulling a proposal to impose a "hefty" tax on diesel cars, which will raise the price of these models, as well as increase the price of diesel at the pump.

Will high expenses, huge losses drive others the Kingfisher way?

Kingfisher is not alone in its woes. There are a number of companies struggling to fight off bankruptcy. Several state-owned entities and some private sector-ones too are potential basket cases.