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Old 26th July 2012, 11:46   #2671
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Default Re: The Official Fuel Prices Thread

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Originally Posted by hrman View Post
So now, Kolkata petrol rate is higher than Bangalore and Mumbai's diesel price is more than Bangalore.

I never thought I'll see the day when fuel prices in Bangalore will be overtaken by another state. Not sure of Hyderabad, but for now, one less thing to crib about Bangalore now..
After some ranting our raving our venerable Didi might reluctantly agree to collect lesser taxes from us restoring status quo. Lets see how this drama unfolds. I was expecting the center to start doing this coz the states have been enjoying a free lunch in the form of taxes on fuels by doing absolutely nothing.
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Old 26th July 2012, 13:25   #2672
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Default Re: The Official Fuel Prices Thread

This website seems to be displaying PSU petrol and Diesel prices for all the major cities.
Todays Petroleum Price India,Oil Price,Hsd Price,Retail Price,Petrol Price,Petroleum Price in India,Indian Petroleum Price

Top 5 according to the link

Calcutta 76.13
Bangalore 75.91
Jalandhar 75.88
Guwahati 75.46
Hyderabad 75.42

And the most soothing to the eyes..
Panjim 56.99

Last edited by ottocycle : 26th July 2012 at 13:27.
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Old 26th July 2012, 14:11   #2673
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Default Re: The Official Fuel Prices Thread

From the Press Information Bureau , GOI website.

International Crude oil Price of Indian Basket Falls on 25.07.2012 to US$ 101.09/BBL

Quote:
In rupee terms, however, the crude oil price increased to 5699.45 per bbl on 25.07.2012 from 5690.51 per bbl on 24.07.2012. This was due rupee depreciation with rupee-dollar exchange rate on 25.07.2012 at 56.38 /US$ against 56.02 /US$ on 24.07.2012.
Here is the link : Press Information Bureau English Releases

Looks like by the start of next month, we may be in for a further hike in petrol price. It's high time Govt/RBI does something to perk up the rupee

Last edited by Fordmanchau : 26th July 2012 at 14:12.
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Old 26th July 2012, 14:27   #2674
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Default Re: The Official Fuel Prices Thread

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Originally Posted by Fordmanchau View Post
Looks like by the start of next month, we may be in for a further hike in petrol price. It's high time Govt/RBI does something to perk up the rupee
Forget it. They have time till the end of the week to announce something. Unless there is some action (not just talk) it will not be possible for the RBI to cut rates on the 31st and then the downwards spiral begins / accelerates. Also, once the monsoon session starts forget any action.
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Old 26th July 2012, 14:42   #2675
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Default Re: The Official Fuel Prices Thread

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Originally Posted by ottocycle View Post
Top 5 according to the link

Calcutta 76.13
Due to so called "Re-Calibration of Taxes", Kolkata petrol prices have zoomed ahead of other metros (I think, highest in the country ).

Although official hike was something around 70 paises, the actual prices to the consumer has increased much more.

Tried to understand the details of Re-calibration factor, but could not completely understand as whether central govt. tax part has increased or the sate govt. part ?
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Old 31st July 2012, 13:37   #2676
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Default Re: The Official Fuel Prices Thread

Urgent Question,

Is there a Government Website that shows retail prices of Diesel and Petrol around the country.
Must be retail prices at the pumps.

Must be Official government, I have found a few private sites, but I cannot use them.
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Old 31st July 2012, 15:12   #2677
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Default Re: The Official Fuel Prices Thread

Are you looking for this? - https://iocl.com/Products/Gasoline.aspx
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Old 3rd August 2012, 08:37   #2678
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Smile Good News for Thane, Octroi reduction on Fuel prices

Good News for Thaneites.

There's news in Loksatta (Marathi newspaper) about Thane Municipal corporation reducing the Octroi charges on the fuel prices from the present 4.5% to 0.5 % which means the prices of Petrol, Diesel & CNG would drop substanially. Petrol sells presently 78.10 in Thane and a reduction of 3+ would bring the price to 75/- approx which is lesser than that in Mumbai. . Present diesel prices are 45.47 & CNG is 34.25 in Thane.

So Thaneites can now breathe easy and not use the excuse of filling petrol in Mumbai.

Link for the Marathi newspaper as below, googled for English version, could not get.
*ाण्यात प‡Ÿ्र‹ल, डिझ‡ल स्वस्त ह‹णार

Edit: Dont know the reason why the above link appears the way it looks. Mods can you help.

Last edited by ghodlur : 3rd August 2012 at 08:38.
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Old 9th August 2012, 20:59   #2679
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Default Re: The Official Fuel Prices Thread

IOC reports biggest ever quarterly loss by an Indian company:

IOC reports Rs22,451 crore loss, biggest ever by any listed company - Money - DNA

Looks like they really are in trouble due to the inability to raise diesel and kerosene prices.

All elections have now ended, maybe now we'll start seeing some price corrections.
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Old 10th August 2012, 14:04   #2680
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Default Re: Good News for Thane, Octroi reduction on Fuel prices

Quote:
Originally Posted by ghodlur View Post
Good News for Thaneites.

There's news in Loksatta (Marathi newspaper) about Thane Municipal corporation reducing the Octroi charges on the fuel prices from the present 4.5% to 0.5 % which means the prices of Petrol, Diesel & CNG would drop substanially. Petrol sells presently 78.10 in Thane and a reduction of 3+ would bring the price to 75/- approx which is lesser than that in Mumbai. . Present diesel prices are 45.47 & CNG is 34.25 in Thane.

So Thaneites can now breathe easy and not use the excuse of filling petrol in Mumbai.

Link for the Marathi newspaper as below, googled for English version, could not get.
*ाण्यात पेट्रोल, डिझेल स्वस्त होणार

Edit: Dont know the reason why the above link appears the way it looks. Mods can you help.
Here is the link from ToI for the same news article:
Soon, petrol, diesel and LPG will cost less in Thane - Times Of India
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Old 11th August 2012, 17:55   #2681
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Default Re: The Official Fuel Prices Thread

Forget it. Last week the 'basket' cost hit $108.17!
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Old 4th September 2012, 12:12   #2682
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Default Re: The Official Fuel Prices Thread

Hi All,

A quick update !

The goverment plans to increase diesel prices post the monsoon session on 7 sept.

Another great move to burden people further.

http://economictimes.indiatimes.com/...w/16243315.cms
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Old 4th September 2012, 12:39   #2683
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Default Re: The Official Fuel Prices Thread

Yeah, I also came to know that Diesel prices are expected to go up by Rs 4-5 and there'll be a petrol price hike too.
One thing is for sure. UPA is not coming to power again.
Enough of them.
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Old 4th September 2012, 12:44   #2684
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Default Re: The Official Fuel Prices Thread

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Originally Posted by Alive2Drive View Post
Hi All,

A quick update !

The goverment plans to increase diesel prices post the monsoon session on 7 sept.

Another great move to burden people further.

http://economictimes.indiatimes.com/...w/16243315.cms
I dont really blame the govt here. The subsidy on diesel is just way too high now. The main problem they need to address is improving the value of the rupee due to which the subsidy provided by govt is around 20Rs per litre. This is just a big bubble waiting to burst if they continue to subsidize in the name of vote bank politics.

One way would be to reduce the state govt taxes on fuel but then again, they want that to fill their pockets
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Old 4th September 2012, 13:58   #2685
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Default Re: The Official Fuel Prices Thread

@shadows123; Where is ths subsidy on Diesel. You have also got taken in by the propaganda. The total taxation customs, excise, etc. still exceeds the 'so called subsidy'. o they are taking more than what they are giving back.

I hope but have grave doubts about the pricing being made more realistic. You are paying in any case be it through the price, inflation, taxation or rupee depreciation.
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