Latest News on OMCs
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OMCs - Total results - 38
Feb 05, 2018
Petrol, diesel prices on the rise: Out of 19 BJP ruled states only 4 cut VAT on fuelsJust 4 states and one union territory have cut local sales tax or VAT on petrol and diesel since the October 2017 decision of the Centre to reduce excise duty on the two fuels, Oil Minister Dharmendra Pradhan said on Monday
Dec 18, 2017
HPCL asks Airtel Payments Bank to transfer LPG subsidy money to customers' bank accountsIt has come to light that LPG subsidy monies of millions of customers have been crdited to Airtel Payments Bank accounts without their permission
Oct 09, 2017
Petrol pumps to go on 24-hour nationwide strike from 12 October midnightUnited Petroleum Front has said that if the govt does not relent, petrol pumps would go for an indefinite closure from 27 October till the trade anomalies are resolved
Jun 08, 2017
Petrol, diesel rates to be revised daily from 16 June in sync with international ratesDaily price change will remove the big leaps in rates that need to be effected at the end of the fortnight and consumer will be more aligned to market dynamics
Apr 20, 2017
Petrol pumps to remain shut on Sundays: Fuel conscious? Or merely money-conscious?Could it be that the privileges these pump owners once enjoyed – of cash transactions, of favourable deals and of shortchanging customers – are now coming to a close in a digitized and more transparent age?
Jan 13, 2017
Banks, oil marketing companies to bear card payment charges at petrol pumpsThe government stands by its decision that customers using non-cash digital modes of payments will not have to pay any transaction charge.
Dec 26, 2016
Oil marketing firms eye over 50% of retail sales in cashless mode by MarchRetail sale of oil products -- petrol, diesel, CNG/PNG and LPG -- in volume terms account for around 7.3 trillion transactions per annum, according to BPCL.
Oct 13, 2016
Cabinet nod to revision of ethanol price for petrol blendingMoving towards a free market structure, the Cabinet today approved a new mechanism for revising price of sugarcane-extracted ethanol used for blending in petrol, resulting in drop in rates by Rs 3 to Rs 39 per litre.
Aug 15, 2016
Stop quibbling, PAHAL has scythed subsidy bill, but glitches remainClearly technology has its limits – it works when humans handling it do it efficiently or without crooked intent; but it is not too intimidating a bar for those determined to game the system.
Jul 26, 2016
Odisha govt declares incentive for Olympic bound Dutee Chand and other state playersIn a bid to boost morale of the Rio Olympic bound athletes from the state, Odisha Government announced Rs 60 lakh special incentive for the six participants