Free Press Journal
  • Fuel Price Hike: Petrol price hiked again by 23 paise a litre, diesel by 22 paise

    Fuel prices set new records on Monday as Petrol price was raised 23 paise a litre and diesel by 22 paise per litre. Petrol and diesel prices have continued their upward march on fall in rupee and surge in global crude oil rates. On Monday, the increase pushed the petrol price in Mumbai to Rs 88.12 per litre and diesel rate touched its highest level of Rs 77.32 a litre. In Delhi, petrol

  • Infrastructure growth jumps to 7-month high of 6.7 percent in June

    New Delhi: Growth of eight core sectors expanded to 7-month high of 6.7 per cent in June due to better performance by cement, refinery and coal segments,  as per official data released today. The eight sectors, which also include fertilisers, steel, natural gas, electricity and crude oil, had expanded by 1 per cent in June last year. The previous high rate of growth was recorded in November 2017 at 6.9 per cent.

  • Growth estimates a limited recovery

    There’s indeed light at the end of the tunnel. After a succession of increase in price of crude oil in the international market, and consequently of petrol and diesel in India, there is a minor decrease internationally even as the Modi government braces itself for measures to contain the surge. At the same time, this country’s GDP has risen to a seven-quarter high of 7.7 per cent in January-March, 2018 following a

  • Bhopal: Fuel prices continue to skyrocket, no relief in sigh

    Bhopal: Fuel prices continued its upward swing on Thursday as for the second consecutive day, petrol was sold over Rs 86 per litter in Dindori. Petrol rate had spiralled to Rs 86.04 per litre on Wednesday in the district, while the very next day it rose to Rs 86.35.

  • mumbai, hike, petrol price in mumbai, hike in petrol price, anger in public

    Petrol, diesel prices hiked after 19-day pre-Karnataka poll hiatus      

    New Delhi: After a 19-day pre-Karnataka poll hiatus, petrol price was today hiked by 17 paise a litre and diesel by 21 paise as PSU oil firms began passing on the spike witnessed in international rates to consumers. Petrol price in Delhi was hiked to Rs 74.80 per litre from Rs 74.63 while diesel rates were increased to Rs 66.14 a litre from Rs 65.93, according to a price notification issued by

  • Core sector growth hits 3-month low

    New Delhi : The growth of eight core sectors slowed to 3-month low of 4.1 per cent in March due to weak performance in coal, crude oil and natural gas.

  • Indore: Petrol, diesel to get costlier, cost touches Rs 80 per litre

    Indore: Be ready to purchase petrol for Rs 80 per litre in next few days as the prices of the fuel are steadily marching upwards. With rise of another 13 paise, the price of petrol reached Rs 79.85 per litre. From January this year to April 21 (rates released on April 20 night), the petrol prices have risen by Rs 4.93 per litre and diesel by Rs 6.59 per litre.

  • Core sector grows at 6.7% in January; Cement, refinery output zoom

    New Delhi: Eight infrastructure sectors grew a faster pace of 6.7 per cent in January against 3.4 per cent in the year-ago month as petroleum refinery and cement output zoomed while steel power and coal production improved.

  • Core sector growth slows to five-month low in Dec

    New Delhi : Growth of the eight core sectors slowed to a five-month low, of four per cent, in December 2017, owing to the negative performance of segments like coal and crude oil, official data showed on Wednesday. The output growth recorded in December is the lowest since July 2017, when these core sectors had witnessed a 2.9 per cent expansion. These eight industries — coal, crude oil, natural gas, refinery products,

  • Crude oil futures fall 0.43% on weak global cues

    New Delhi: Crude oil futures fell 0.43 percent to Rs 3,704 per barrel today, in line with a weak trend in Asian trade, as speculators cut down their bets. Crude oil for delivery in current month was trading lower by Rs 16, or 0.43 percent, at Rs 3,704 per barrel, with a business volume of 2,159 lots at Multi Commodity Exchange(MCX).

  • Where are Crude Oil Prices headed?

    The price of crude oil has touched the $60/bbl mark, the highest since mid- 2015. Strong assurances from OPEC and Russia regarding the extension of the production cut deal has pushed oil prices above $60 per barrel, possibly bringing oil prices into a new higher range. OPEC, Russia and other oil exporting countries have pledged to hold back 1.8 million bpd in oil production in order to tighten markets until the end

  • Qatar says Kuwait trying to mediate, solve diplomatic rift

    Dubai: Kuwait is trying to mediate a diplomatic crisis in which Arab countries have cut diplomatic ties to Qatar and moved to isolate the energy-rich, travel-hub nation from the outside world, Qatar’s foreign minister said early today.

  • Oil prices hit high notes, post Syria attack

    Mumbai : Crude oil contracts on the Multi Commodity Exchange of India gave up most gains to close marginally up on Friday after they earlier hit a one-month high.

  • Core sector growth slows down to 3.4 pc in January

    New Delhi :  The growth of eight core sectors slowed down to a five-month low of 3.4 per cent in January mainly due to contraction in output of refinery products, fertiliser and cement.

  • Prospects of rate cut bleak as dollar, crude rise: Assocham

    New Delhi : The prospects of interest rate cut in near future may be bleak due to factors like continuous pressure on rupee against dollar, firming of the US rates and hardening of crude oil prices, according to a report.

  • Infra sector growth jumps to 6-month high of 6.6% in Oct

    New Delhi  : Infrastructure sector recorded a growth rate of 6.6 per cent in October — the highest in last six months — on the back of impressive performance by steel and refinery products, reports PTI. However, growth rate of power generation, fertiliser production and cement output fell considerably on year-on-year basis. Coal production continued to fall for the third straight month. The growth rate of eight infrastructure sectors — coal, crude oil,

  • 8 infra ind grow at 3.2% in July

    New Delhi : Infrastructure sector grew at 3.2 per cent in July mainly because of improvement in performance of energy sector, especially refinery output. However, the growth rate of the eight infrastructure sectors — coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity — was slower than the 5.2 per cent recorded in June.