All India Petroleum Dealers Association

All India Petroleum Dealers Association News

Coronavirus Outbreak: Petrol pump operators seek financial support as losses mount on falling fuel sales
Business

Coronavirus Outbreak: Petrol pump operators seek financial support as losses mount on falling fuel sales

With coronavirus eviscerating demand, petrol pump operators on Friday said per pump sales have fallen to less than one-tenth, leading to heavy losses in establishment and employee cost

Consumers face post-election fuel price shock as domestic prices allowed to lag, economy could be hit
Business

Consumers face post-election fuel price shock as domestic prices allowed to lag, economy could be hit

State-run fuel suppliers and retailers have held off passing on to consumers the higher prices during a staggered general election

Dynamic daily fuel pricing to roll out in Chandigarh, Vizag and 3 other cities from 1 May
India

Dynamic daily fuel pricing to roll out in Chandigarh, Vizag and 3 other cities from 1 May

State-run oil marketers will roll out a dynamic fuel pricing pilot project from 1 May in five cities where the price of transport fuels would be changed daily so as to better cope with volatility in global crude oil prices.

Calls to shut petrol pumps on Sundays: Oil ministry denounces decision, says move will inconvenience public
Business

Calls to shut petrol pumps on Sundays: Oil ministry denounces decision, says move will inconvenience public

All India Petroleum Dealers Association, which claims to represent 80 percent of the 53,224 petrol pumps of public sector oil firms, has said it is not participating in the closure exercise

Finance Ministry ratifies 8.65% interest rate on EPF deposits for 2016-17
Business

Finance Ministry ratifies 8.65% interest rate on EPF deposits for 2016-17

The Employees' Provident Fund Organisation trustees had approved 8.65 percent rate on EPF in December last year.

Dharmendra Pradhan clarifies: No additional charges for card payments at fuel stations
Business

Dharmendra Pradhan clarifies: No additional charges for card payments at fuel stations

"Neither the customers nor petrol pumps will bear additional charges on digital transactions. The issue will be resolved," Pradhan said here outside Parliament.

Cashless payments: Petrol pumps defer decision on card transactions until 13 January
India

Cashless payments: Petrol pumps defer decision on card transactions until 13 January

Petrol pumps across the country will stop accepting debit or credit card payments from Monday onwards in protest against the 1 percent transaction fee imposed by banks.