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New Delhi: Oil companies on Tuesday slashed the price of commercial LPG cylinders by ₹58.5 with effect from July 1. A 19-kg commercial cylinder now costs ₹1,672 in Kochi and ₹1,693 in Thiruvananthapuram. This marks the fourth consecutive reduction in commercial LPG prices. Rates were earlier cut by ₹24 on June 1, ₹14.50 on May 1, and ₹41 on April 1--amounting to a total reduction of ₹138 since April. However, in a contrasting move, the price of aviation turbine fuel (ATF) was hiked sharply by ...Read More >
Bhopal (Madhya Pradesh): After the embarrassing incident wherein 19 vehicles of CM's cavalcade stopped abruptly in Ratlam district as their fuel, which was purchased from a local petrol pump, contained water, Food, Civil Supplies Minister Govind Singh Rajput ordered for a comprehensive inspection of all petrol pumps across the state on Saturday. He said that quality petrol and diesel must be ensured for consumers under all circumstances. He asked senior officials to hold meetings with oil compa ...Read More >
Bhopal/Ratlam, Jun 28 (PTI) An FIR was lodged in Ratlam on Saturday in connection with the stalling of vehicles in Madhya Pradesh Chief Minister Mohan Yadav's convoy due to water-mixed fuel, an official said. The move by the state government comes amid oil marketing firm Bharat Petroleum Corporation Limited's claim that "unusual heavy rainfall" caused water to enter fuel storage tanks at Shakti Fuel Point in Dosigaon. As per an official release, state Food, Civil Supplies and Consumer Protecti ...Read More >
New Delhi: On the occasion of World Environment Day, the Federation of All India Farmer Associations (FAIFA), a non-profit uplifting the cause of millions of farmers and farm workers involved in commercial crop cultivation in states such as Uttar Pradesh, Gujarat, Maharashtra, Andhra Pradesh, Telangana, and Karnataka, organised a national seminar on the theme "Supplementing Farmer Income through Sustainable Farming Practices" at the Constitution Club of India in New Delhi. The seminar outlined a ...Read More >
Visakhapatnam: As part of World Environment Day celebrations at HPCL - Visakh Re-finery, a valedictory function was organised in the refinery. In his address, executive director (I/C) - Visakh Refinery R Ramakrish-nan stressed the importance of environmental protection and respon-sibility of individuals. While explaining this year's theme focusing on 'beat plastic pollution', he cited how each individual can contribute to reducing plastic pollution by using biodegradable materials in place of si ...Read More >
NEW DELHI: India's two major private-sector refiners, which have long prioritised exports, are turning to local sales, grabbing share in the country's fast-growing $150 billion fuel retail market as weaker global demand squeezes profit margins offshore. Reliance Industries and Nayara Energy are stepping up sales at home as fuel demand growth slows in developed markets and China, the world's second biggest oil consumer, with the transition to electric vehicles. The lower demand offshore combine ...Read More >
Andhra Pradesh CM N. Chandrababu Naidu announced a Rs1.4 lakh crore investment by ArcelorMittal/Nippon Steel for a 17.8-million-ton integrated steel project in Anakapalli at the WEF in Davos. Ministers Nara Lokesh and T.G. Bharat highlighted the state's investment-friendly ecosystem and proposed additional projects in petrochemicals and solar cell manufacturing, receiving positive responses from Lakshmi Mittal.Andhra Pradesh Chief Minister N. Chandrababu Naidu announced a landmark Rs1.4 lakh cro ...Read More >
NEW DELHI: Global oil prices continued their rally to jump past $81 per barrel on Monday -- the highest since August 2024 -- on fear of latest US shipping sanctions impeding flow of Russian barrels, leading to a scramble for Middle-East/US crude and tankers. The rally is bound to put fuel retailers back in the wait-and-watch mode, dashing hopes of a fuel price cut as costlier crude and the weakening Rupee erode margins. Expectations of a reduction in petrol and diesel prices had grown on report ...Read More >
Microcap stock engaged in offering end-to-end gas distribution solutions, including management consultancy, project management, and many more hit a 2 percent upper circuit in the day's trade upon executing a master service agreement with HPCL. With a market capitalization of Rs. 240 Crores, the shares of Positron Energy Limited hit a 2 percent upper circuit in the day's trade at Rs. 316.20 per equity share, from its previous day's close price of Rs. 310. Positron Energy Limited has executed a ...Read More >
A fake approval letter claiming to offer an LPG dealership from HPCL is misleading the public and should be disregarded as a scam. Recently, a fake approval letter has been circulating online, purportedly from Hindustan Petroleum Corporation Limited (HPCL), claiming to offer individuals an LPG agency dealership. This letter has raised concerns as it misleads recipients into believing they have received official approval for a dealership, potentially leading to financial scams. The claim made i ...Read More >
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