All posts tagged Petrol

Petrol Prices in India dip by Rs. 2, but still costly than a beer

Often when elections near, you get some cheer! Here, have some beer! Beginning Wednesday, the price of petrol will fall in Delhi by Rs 2.22 a litre and by Rs 2.34 a litre in Mumbai. It is not very clear from all explanations we have got why this price dip now? The Minister of State [...]

Troubled Kingfisher seeks help

This is one of the many times Oil marketing companies have refused fuel to troubled Kingfisher airlines. In the past, they have done and they are doing it now too. The airline is pretty much grounded with 50 to 100 cancellations. I wonder how other airlines are able to cope up. Vijay Mallya, the face [...]

Fuel Prices and its illeffects

Everyone is up in arms with the back to back hike in fuel prices. To be precise, the Petrol prices. India is among large importers of crude oil and price of which is so volatile. All Oil PSUs in India are running into losses because of the various subsidies given by the government for all [...]

Petrol pricing shouldnt be free

If this had happened, the petrol price would have set us back by INR 90 for a liter when the crude oil touched $150 per barrel. In India, Petrol and Diesel prices are subsidized so that common man can affort it. But a free market will mean boom for petrol companies than for the Common [...]