Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
02 October, 2014 19:59 IST
News
Under recovery on diesel remains high at 9.06/litre
Source: PIB (16-NOV-12)
Comments  |  Post Comment

The Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas have reviewed international prices of crude oil and petroleum products during the Ist Fortnight of November 2012.

Accordingly, the under-recovery on High Speed Diesel (HSD) applicable for 2nd fortnight of November effective Nov.16, 2012 though slightly lower, remains high at Rs 09.06/Litre. In case of PDS Kerosene and Domestic LPG the under-recoveries effective for November 2012 are Rs 31.30/Litre and Rs 478.50/cylinder respectively.

Oil marketing companies (OMC's) are currently (effective Nov. 16, 2012) incurring daily under-recovery of about Rs 4.12 billion on the sale of Diesel, PDS Kerosene and Domestic LPG.


Live News
VC deals in India climbs 16% in Q3; $1 bn investment in Flipkart highest globally - 02-Oct-2014 00:16
AZZ Q2 earnings fall - 01-Oct-2014 18:55
10-year G-sec yield falls 4 bps to 8.71% - 01-Oct-2014 18:46
RBI hikes FII limit for Apollo Tyres to 45% - 01-Oct-2014 18:32
RBI to auction govt bonds worth Rs 150 bn on Oct 10 - 01-Oct-2014 18:14
Reserve money with RBI climbs 9.7% - 01-Oct-2014 17:59
Rupee appreciates 15 paise against dollar to settle at 61.61 - 01-Oct-2014 17:32
Escorts Agri Machinery sales up 9.4% in September'14 - 01-Oct-2014 17:24
Tata Motors sales fall 8% in September - 01-Oct-2014 17:20
German manufacturing stagnates in September as PMI drops to 15-month low - 01-Oct-2014 17:17
TVS Motor posts 27% sales growth in September' 2014 - 01-Oct-2014 17:13
more...
* Q - Quote , N - News , C - Chart , F - Financials
Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type   zwzhrf into this box
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Forums  |   E-mail  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer