Search Results for: oil prices

hike-in-aviation-fuel-price-by-8-2-percent-will-increase-fare-by-rs-500-per-passenger-aviation-expe

Hike in aviation fuel price by 8.2 percent will increase fare by Rs 500 per passenger: Aviation Expe

New Delhi, March 01 (ANI): Aviation Expert Harshvardhan on Sunday said that the hike in aviation fuel price by 8.2 percent will increase fare by Rs 500 per passenger. He said that the increase in service tax of 2% also increases the fare and thereby the development will adversely affect the passengers. The government has hiked the price of aviation fuel by 8.2 percent. After the price revision, which came into effect from February 28 midnight, the aviation turbine fuel will cost Rs. 50,363 per litre per kilolitre in New Delhi. The price hike will also have a direct impact on the airfares as fuel costs account for about 40 percent of the airline's operating expenses. On Saturday, the Indian Oil Corporation Limited had also announced the hike in petrol and diesel prices, citing rise in international crude oil price and depreciation of rupee as the reasons. Mar 1, 2015
govt-hikes-petrol-price-by-rs-3-18-per-litre-diesel-by-rs-3-09-per-litre

Govt hikes petrol price by Rs 3.18 per litre, diesel by Rs 3.09 per litre

New Delhi/Kanpur/Lucknow/Kolkata, Feb 28 (ANI): The government on Saturday hiked the petrol price by Rs. 3.18 per litre and of diesel by Rs. 3.09 per litre. A statement by the Indian Oil Corporation Limited (IOCL) has attributed the increase in fuel price to the rise in crude price in the international market and to the depreciation of rupee. The new prices will be effective from February 28 midnight. Feb 28, 2015
philip-hammond-jihadi-john-mohammed-emwazi-british-government-isis

Philip Hammond, Jihadi John, Mohammed Emwazi, British Government, ISIS

Maharashtra/ Madhya Pradesh/ Kerala, Feb 28 (ANI): Citizens across India hope that Narendra Modi government comes up with a pro-people budget as it prepares to present its first full-fledged annual budget in Parliament for the fiscal year 2015-16. Prime Minister Narendra Modi's target for free-market economics faces a major test on Saturday (February 28), in a budget India's top economic advisor has warned could wreck the leader's promises of "good days"if there's no roadmap to reform. Reaping the benefits of low global prices for oil, India's main import, Modi's government sees itself in a sweet spot with spare cash to modernize ageing roads and railways without busting fiscal deficit and inflation targets. However, analysts warn that Indian stocks are overvalued and that equity markets could see a sell off of 6-8 percent if the pro-growth measures in the budget, to be unveiled by Finance Minister Arun Jaitley at 11.00 a.m. (0530 GMT), fall short of expectations Feb 28, 2015
low-gas-prices-yes-spending-no

Low gas prices, yes, spending, no

Tumbling gas prices equate to virtual pay raises. But many Americans don't seem to be spending that that new found cash. Retail sales have been relatively flat and the savings rate is up. So what Feb 28, 2015
despair-in-donetsk-over-rising-prices

Despair in Donetsk over rising prices

Plenty of food - but for some, no way to buy it. In war torrn Ukraine, food prices are rising rapidly. For many residents in the rebel stronghold of Donetsk, food items once considered staple - are Feb 27, 2015
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