-The Indian Express A balanced approach can reduce Petrol price without affecting revenues. RBI mustn’t artificially shore up rupee The Brent crude oil price has changed from around $68/barrel in January to $70/barrel on November 9, touching a high of $86 on October 3. The rupee has also fallen from Rs 63.30 per US$ in January to Rs 70 on November 9. These fluctuations have created major policy problems for the...
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SC extends age ban to private cars in NCR
-The Telegraph/ PTIAir critical, it says and wants 15yr-old Petrol & 10yr-old diesel vehicles impounded if seen on roadsThe Supreme Court on Monday prohibited the plying of 15-year-old Petrol vehicles and 10-year-old diesel vehicles in the National Capital Region, describing the air pollution in Delhi as ?horrible? and ?very critical?.The court directed the transport department to announce that such vehicles would be impounded if driven in Delhi-NCR.The top court?s directive,...
More »Costlier food, fuel push Sep wholesale inflation to 2-month high of 5.13%
-PTI Inflation in 'fuel and power' basket in September was 16.65 per cent Inflation based on wholesale prices rose to a two-month high of 5.13 per cent in September, mainly due to hardening of food prices and rise in cost of Petrol and diesel. The Wholesale Price Index (WPI) based inflation stood at 4.53 per cent in August and 3.14 per cent in September last year. According to the government data released Monday, food...
More »People queue up to give up 15-year-old vehicles in Delhi -Sidharatha Roy
-The Times of India NEW DELHI: With the transport department starting to seize and scrap 15-year-old diesel vehicles, the Regional Transport Offices in Delhi are getting inundated with inquiries from owners of old vehicles about the procedure to get their vehicles scrapped. Diesel vehicles that are more than 10 years old and Petrol vehicles that are more than 15 years old are not allowed to ply on roads. The transport department, however,...
More »Oil marketing companies again hike Petrol, diesel prices
-The Hindu The prices of Petrol and diesel touched a new high on Sunday with Mumbai paying the maximum among the four metros. Mumbai: State owned oil marketing companies (OMCs) have again increased the price of sensitive Petroleum products like Petrol and diesel in the country on Sunday. The prices of Petrol and diesel touched a new high on Sunday with Mumbai paying the maximum among the four metros. While Petrol costs ? 89.29...
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