hmm... manufacturing wise price will reduce. . but if they name it like "performane petrol" ... thn price will be higher.
India to get ethanol-blended petrol from November 1
The Indian government has now given its go ahead to allow sale of ethanol-blended petrol throughout the country from November this year.
Some regions like the Northeast, Jammu & Kashmir, Lakshadweep, and the Andaman & Nicobar Islands are being kept out of this program, as they are poorly accessible [...]
http://business.techwhack.com/1130/e...lended-petrol/
hmm... manufacturing wise price will reduce. . but if they name it like "performane petrol" ... thn price will be higher.
Indian Government to review petrol prices at the end of the month
The Indian government is likely to review petrol and diesel prices on January 31. Sources say that a price cut could take place if the international crude prices fall further.
India’s petroleum secretary M S Srinivasan said in a statement: “There will be a review [...]
http://business.techwhack.com/1707/r...petrol-prices/
Petrol, Diesel prices hikedThe Indian government has finally decided that the price of both Petrol and Diesel needs to be hiked to cut the losses at the oil companies.The cabinet decided that the petrol would cost Rs. 2 more while diesel would be sold for Rs. 1 more.Incidentally, this announcement comes just weeks before the [...]
Petrol, Diesel prices hiked
source:
Ministry seeks Rs 10/litre hike in petrol - Sify.com
fill up your tank today!! i just filled up 40 litres![]()
Its election year.....they wont do it
40 liters last for like 10 days for me.
anyways. if onion prices can lead to BJP government falling in Delhi, a 10 rupee hike in petrol would remove congress from the face of the earth. maximum price hike can be around 5 rupees that too would create a big nuisance for the central government.
the sad thing is that petrol remains expensive compared to diesel. hikes in petrol are usually more than on diesel.
yet, its the richer people who buy diesel cars. middle class continues to drive their scooters, bikes, marutis (petrol ones!)...
a dude driving a ford fiesta diesel pays less per kilometer compared to a dude driving a maruti 800.
of course this is because commercial vehicles are mostly based on diesel as the fuel. the government needs to find out a way to allow commercial vehicles to get diesel at lower prices compared to regular owners of diesel cars.![]()
Last edited by admin; May 24th, 2008 at 01:25 AM. Reason: Automerged Doublepost
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it wont be effected atleast for an year ! that is what the Congress people have told to the media !
Election will effect if they hike again ! So there wont be any hike atleast for few months!
i too thought of filling and keeping some stock ! But later AICC persons told to media that it is not going to happen soon !!
Regards
appus