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States against inclusion of petroleum, liquor in GST. Here's why

Oct 21, 2013

States against inclusion of petroleum, liquor in GST. Here's why

While the centre wants liquor and petroleum products should come under the GST, states are keen to retain their power to tax these items as they are major sources of revenue. #petroleum products #GST #taxes #Liqour
Jaya takes pot shots at Cong, says 'hand' betrayed TN

Mar 28, 2013

Jaya takes pot shots at Cong, says 'hand' betrayed TN

"That Hand (Cong) not only reduces kerosene allocation to the state but also jacks up the prices of petroleum products frequently," J Jayalalithaa said, apparently referring to the Congress. #Tamil Nadu #Congress #J. Jayalalithaa #PMK #TheySaidIt #petroleum products #Kerosene
Govt's good economic policies will give strength to good politics: PM

Nov 09, 2012

Govt's good economic policies will give strength to good politics: PM

Prime Minister Manmohan Singh today justified recent "difficult" decision to hike prices of petroleum products and asked Congress cadres to have confidence in these measures arguing that these were necessary. #Manmohan Singh #GDP #Congress #FDI #fiscal deficit #WhoSaidWhat #petroleum products
Infra sector growth at 7-month high of  5.1% in Sept

Nov 01, 2012

Infra sector growth at 7-month high of 5.1% in Sept

Annual growth in the eight core sector industries more than doubled to seven-month high of 5.1 percent in September on good production in coal, cement and petroleum refinery sectors. #Numbers #steel #petroleum products #core sectors #infrastrucutre
FM for correcting price distortion of petro products

Oct 17, 2012

FM for correcting price distortion of petro products

Chidambaram said that since India imports about 75 percent of its crude oil requirement, the current account deficit (CAD) has widened and the rising subsidy bill increased the government's fiscal deficit. #Petrol #TheySaidIt #Chidambaram #petroleum products
Slowdown bites: car cos on course to cut output

Jun 20, 2012

Slowdown bites: car cos on course to cut output

Close on the heels of the Reserve Bank of India indicating that it is unlikely to cut interest rates anytime soon, auto makers are taking measures to cut output. #ToWhatEffect #Kirloskar Group #petroleum products #Society of Indian Automobile Manufacturers #Tata Indica
Guess who's smiling at govt's flawed fuel pricing policy?

Jun 19, 2012

Guess who's smiling at govt's flawed fuel pricing policy?

No it is not the state-run oil marketing companies who were supposed to be the actual beneficiaries of the rise in petrol prices! #Essar Group #ToWhatEffect #Indian Oil Corporation #petroleum products #Fuels
Pranab confident of meeting indirect tax collection target

Jun 04, 2012

Pranab confident of meeting indirect tax collection target

Finance Minister Pranab Mukherjee today exuded confidence that they will be able tomeet indirect tax collection target of Rs 5.05 lakh crore for 2012-13. #Pranab Mukherjee #NewsTracker #Union budget of India #petroleum products #Excise #Tax
Jaya promises petrol, diesel shortage in TN to end today

May 29, 2012

Jaya promises petrol, diesel shortage in TN to end today

Tamil Nadu Chief Minister J Jayalalithaa said three ships carrying 67,000 kilo litres of diesel and petrol from Kochi arrived at Chennai port this afternoon and the shortage at petrol pumps would be resolved by tomorrow. #NewsTracker #J. Jayalalithaa #petroleum products
Chennai - a metropolis that has no power or gas

May 29, 2012

Chennai - a metropolis that has no power or gas

The city witnessed war-time situations on Monday and Tuesday with petrol pumps, closing down business one after another. #HowThisWorks #Chennai #Gasoline #petroleum products