Free Press Journal
  • Rahul Gandhi destined for political wilderness?

    Petrol and Diesel, by themselves, have become the most inflammable issues in Indian politics now. The ever-rising prices of petroleum products have the potential to set any political system on fire, if the current developments in India are any pointer. After a long chase to catch an issue that can bring the entire opposition together and also grab people’s pulse, the Opposition found the issue of ever increasing prices of Petrol and

  • Pradhan hopeful of bringing oil prices under GST regime

    Bhubaneswar : Union oil minister Dharmendra Pradhan on Thursday voiced optimism that petroleum products will be brought under the GST purview that will help in checking volatility in fuel prices. “In the long run, petroleum products are bound to be included within the ambit of the GST regime … It is only a matter of time. It will immensely help in containing prices of petrol and diesel,” Pradhan said.

  • petrol price hike, petrol price, K R Sudhaman, GDP, economy

    Fuel price hike: Stay the course

    We know Narendra Modi is like no other Prime Minister but even he relies on voters to get elected to power. And with another general election looming large, it will be hard to resist for anyone in his position to roll back the incessant rise in prices of petroleum products. Price of petrol and diesel on Monday, in Mumbai were a record Rs 86.06 a litre and Rs 78.27, an increase of

  • Ujjain: Congress workers take to streets to protest hike in price of petroleum products

    Ujjain: City Congress committee and its block units organised a dharna at different places here on Wednesday in protest against steep hike in the rates of petrol and diesel. Despite strict police ‘bandobast’, the party workers somehow managed to burn the effigy of Prime Minister Narendra Modi as a mark of their protest.

  • IOC Q4 net rises 40% on refining margin

    New Delhi : Indian Oil Corp (IOC), the nation’s biggest oil refiner, on Tuesday reported a 40 per cent jump in its net profit for the March quarter on the back of higher refining margin and inventory gains.

  • Petrol & diesel price hike: The coming oil challenge

    At one level, consumers of petrol, diesel and other petroleum products might find it hard to swallow that when the global prices of crude oil were down sharply, there was no commensurate reduction in the retail prices. And now that the global prices of crude are yet again creeping up slowly but surely, the oil marketing companies are quick to pass the burden to the consumers. Pump prices of petrol moved up

  • Ujjain: Congressmen protest against rising prices of fuel

    Ujjain: Congress party workers took to the streets on Friday evening in protest against the continuous rise in prices of petrol and diesel. A funeral procession of vehicles was held in which slogans were raised against the hike in petroleum products, effected by the BJP government. They warned that if the Modi Government did not stop inflation, bigger demonstrations would be held in the coming days.

  • How to strech your gallon

    In a country like India that depends majorly on the import of petroleum products, and the resultant high price to the individual and cost to the exchequer, one of the prime concerns of the government as well as individuals is how to increase the mileage of their motor vehicles. According to a recent survey by Ford, it was found that for 6 out of 10 car buyers in India, fuel efficiency is

  • India to carry petroleum products via Bangladesh

    Agartala : The Indian Oil Corporation Limited (IOCL) will transport petroleum products from the northeastern state of Assam to Tripura through Bangladesh from September 7, an official said here on Sunday.

  • Venkaiah Naidu

    Ready to debate on petro product prices: Venkaiah Naidu

    New Delhi: The government is ready for a discussion on the issue of petroleum prices, Parliamentary Affairs Minister M Venkaiah Naidu said in the Lok Sabha as a notice of adjournment motion moved by some opposition members was disallowed. Soon after the House met for the day, Speaker Sumitra Mahajan said she had received notices of adjournment motion from Mallikarjun Kharge and Veerappa Moily (Cong), Bhagwant Mann (AAP), A Sampath (CPI-M), Saugata Roy

  • dharmendra pradhan

    Petroleum products should be under ambit of GST: Govt

    New Delhi: The petroleum products should come under the ambit of the proposed Goods and Services Tax (GST) but a final decision would be taken when the state governments come on board on it, government told the Lok Sabha today. Replying to questions, Petroleum Minister Dharmendra Pradhan said altogether 52 per cent tax is levied on petroleum products by both central and state governments and such revenues are used for various welfare and

  • Black marketing of petroleum products unchecked in Nepal

    Kathmandu: Nepal Police have arrested the proprietor of a gas station and three others accused of black marketing diesel near this Nepalese capital, an outcome of the blockade at the India-Nepal border. Trishuli Oil Stores was caught selling diesel at double the given rate of NRs.160 (about $1.4) per litre.