Don’t miss the latest developments in business and finance.

Petrol Pumps

Delhi petrol pumps to deny fuel to vehicles older than 15 yrs from April 1

The Delhi government has mandated anti-smog guns for high-rises to curb rising pollution levels; 90 per cent of CNG buses to be replaced with electric ones by 2025

Updated On: 01 Mar 2025 | 4:16 PM IST

Manipur govt says it will deploy police at petrol pumps amid fuel shortage

Manipur minister L Susindro said police would be deployed at petrol pumps in the state. Addressing a press conference, he warned fuel retailers of legal action if they refuse to sell fuel despite having stock. Susindro, the state's consumer affairs, food & public distribution minister, said several instances have come to the fore in which people after re-fueling have left the petrol pumps without payment. "Such incidents have led to many petrol pumps downing their shutters because of financial losses," he said. "We will be deploying police personnel and staff of the Food and Public Distribution Department at petrol pumps," he said, appealing to people not to indulge in extortion. With several petrol pumps closing down in the Imphal Valley, a severe fuel crisis has hit the region. "Legal action will be initiated against those petrol pump operators who refuse to sell fuel despite stocking it. There is enough fuel in the state," Susindro said. He also said that frequent landslides

Updated On: 26 Aug 2024 | 11:54 PM IST

Petrol pump owners seek to meet Delhi transport minister over PUCC rates

Petrol pump owners on Thursday wrote to Delhi Transport Minister Kailash Gahlot, seeking a meeting with him to revise PUCC rates for Pollution Under Control (PUC) certificates in the national capital. The letter comes days after the Delhi Petrol Dealers' Association (DPDA) shut down nearly 600 PUC centres functioning at petrol pumps, saying the hike was not commensurate with operational costs. On July 11, the Delhi government increased the PUC certificate charges for petrol, CNG and diesel vehicles after a gap of about 13 years. The hike ranges between Rs 20 and Rs 40. "Sir, most of the PUC centres have operated the last few years in losses to avoid any inconvenience to the general public. However, due to this extreme unviability, many PUC centres have been forced to surrender their licenses in the last few months. The Managing Committee of the DPDA had thus resolved to close PUC centres across Delhi from July 15 in light of the "arbitrary and grossly insufficient hike", it said.

Updated On: 19 Jul 2024 | 6:55 AM IST

Petrol pump owners show dissent, to shut PUC centres in Delhi from July 15

Petrol pump owners said PUC centres will be shut from Monday onwards, expressing their dissatisfaction over the recent proposed hike in rates of pollution certificates by the city government. The operation of the pollution under control (PUC) centres is unviable, they said in a statement issued on Sunday. Delhi government on Thursday increased the PUC certificate charges for petrol, CNG and diesel vehicles after a gap of about 13 years. The hike ranges between Rs 20 and Rs 40. The new rates will be effective as soon as it is notified by the Delhi government, Transport Minister Kailash Gahlot had said. In a statement issued, the Delhi Petrol Dealers' Association (DPDA) said, "Since the operation of PUC centres is unviable, many PUC centres have surrendered their licenses in the last few months. The managing committee of the Delhi Petrol Dealers Association has thus resolved to close PUC centres at their retail outlets across Delhi from July 15 in light of arbitrary and grossly ...

Updated On: 15 Jul 2024 | 9:07 AM IST

Petrol, diesel to get costlier in K'taka as govt hikes sales tax on fuel

Karnataka government on Saturday hiked sales tax on fuel which will make petrol and diesel costlier. According to official sources, petrol will now go up by Rs 3 and diesel by Rs 3.5 per litre. In a notification issued by the Finance Department, the government has hiked sales tax on petrol by 3.92 percentage points, from 25.92 to 29.84 per cent. On diesel, the hike is 4.1 percentage points, from 14.34 to 18.44 per cent. This notification shall come into force with immediate effect, it said. The decision comes days after the Lok Sabha poll results, in which NDA got 19 out of 28 seats in Karnataka, with BJP winning 17 and JD(S) with 2. The ruling Congress in the state has won nine seats. The move, aimed at resource mobilisation, comes after Chief Minister Siddaramaiah, who is also the finance minister, reviewed the state's revenue generation and fiscal position. During the meeting, the CM asked officials to work harder towards meeting revenue collection targets.

Updated On: 15 Jun 2024 | 11:38 PM IST

Manipur petrol pumps shut down over 'donation demands' by various outfits

Fuel outlets operating in the valley districts of Manipur have decided to shut down for three days starting Friday due to alleged "financial crisis" and "donation demands by various organisations". Representatives of the retail outlets made this announcement after an emergency meeting on Thursday, stating that any additional pressure during this time will result in further closures. On February 10, the representatives had informed Chief Minister N Biren Singh that they might be forced to close their retail outlets if the financial demands or donations exceed their capacity to pay. In the letter to the CM, representatives of the retail outlets highlighted the challenges faced by them, including a decline in sales, significant decrease in profit margins (almost 40-50%), and an "excessive number of demands for donations from various organisations." "We are facing a decline in sales due to the present crisis and our profit margins have decreased considerably by almost 40 per cent to 50

Updated On: 16 Feb 2024 | 2:53 PM IST

Veggies dearer, petrol pumps run dry across India amid truckers' strike

Centre holding high-level meeting to break the impasse on Bharat Nyay Sanhita

Updated On: 03 Jan 2024 | 4:22 PM IST

Situation normalising day after petrol pumps in Punjab see panic buying

The situation was normalising at petrol pumps on Wednesday in Punjab where fuel supplies were being replenished with fresh stocks, a day after people resorted to panic buying amid truckers' strike. On Tuesday, long queues of motorists were witnessed at many places in Punjab and a few parts of Haryana over fears that stocks would run dry soon in the wake of truckers' strike against stricter punishments in the new law on hit-and-run cases. Later in the evening, authorities in some Punjab districts had said the truckers had called off their strike and urged people not to resort to panic buying. "The situation is normalising now and by evening supplies from depots to all fuel pumps should reach as before. Already, fuel supplies from the depots have started reaching several filling stations," said secretary general of the Punjab Petroleum Dealers Association Rajesh Kumar. He said no long queues like Tuesday were being witnessed at petrol pumps on Wednesday in the state. The administrat

Updated On: 03 Jan 2024 | 2:16 PM IST

Truck drivers' protest against new hit and run law: What we know so far

Truck driver strike: The home ministry met with the stakeholders on Tuesday evening and assured them that changes to the hit-and-run law would only be made after due consultations

Updated On: 03 Jan 2024 | 10:18 AM IST

10,000 fuel stations now offering EV charging facilities across the country

The government has mandated that all petrol pumps set up after 2019 must have one alternate energy supply besides petrol and diesel. The alternate fuel could be CNG, biogas, or EV charging facility

Updated On: 08 Dec 2023 | 11:48 AM IST

BPCL targets expanding retail network by 14,273 pumps to tap growing demand

As the demand for petrol and diesel continues to rise due to new vehicle sales, BPCL is moving ahead with its fuel network expansion plans

Updated On: 14 Nov 2023 | 12:55 PM IST

India's fuel consumption rises 9.3% in October to 19.2 million tonne

Consumption of fuel hit 19.2 million tonnes (mt) in October, up from 18.2 mt in the same month last year

Updated On: 10 Nov 2023 | 12:08 AM IST

Delhi petrol pump owners protest; demand removal of VAT, margins revision

Petrol pump owners in the national capital held a protest at Jantar Mantar on Wednesday, demanding the removal of value added tax (VAT) on petrol and diesel and revising their margins on sales. Representatives of various dealer welfare associations of petrol pump owners from other states also participated in the protest. The protesters demanded the removal of VAT, terming it "disruptive", and include petroleum products in the goods and services tax (GST) regime. The last revisions took place in 2017. The prices of petrol and diesel have gone up while the margins have remained constant, said Ranjit Kumar, president of Uttar Pradesh Petroleum Traders Association. It is becoming difficult for us to sustain ourselves with the current static margins and the oil marketing companies have remained unresponsive to our legitimate demands, said Paramjit Singh Doaba, the president of the Punjab Petrol Pump Dealers Association. The associations also flagged the issue of adulterated diesel. Due

Updated On: 23 Aug 2023 | 7:09 PM IST

Fuel retailers setting up convenience stores, cafes to attract footfall

Convenience retail is being driven by infrastructure development and a rise in the number of highways and expressways, executives said

Updated On: 14 Jun 2023 | 3:37 PM IST

Punjab petrol pumps get 90% cash in Rs 2,000 notes after RBI's withdrawal

"We are afraid that we would again face problems as after demonetization in 2016 most dealers received harassment by tax authorities"

Updated On: 25 May 2023 | 12:08 PM IST

Petrol sales: 90% via Rs 2,000 notes, 10% digital, say pump dealers

Pump dealers say customers using Rs 2K notes to make small purchases of Rs 100 & Rs 200 and asking for return in change

Updated On: 22 May 2023 | 8:08 PM IST

As CNG and EVs expand in cities, fuel retailers look at the rural market

In the last three financial years, 88 per cent of the 16,190 new fuel pumps set up by Indian Oil, Hindustan Petroleum, and Bharat Petroleum were located in rural areas and highways

Updated On: 08 May 2023 | 1:02 PM IST

Long queues at filling stations in Pakistan amid acute petrol shortage

Long queues of automobiles and motorcycles were witnessed at filling stations in capital city of Islamabad and the Khyber Pakhtunkhwa province due to reduced supplies by oil marketing companies

Updated On: 25 Jan 2023 | 11:42 AM IST

One in every 10 petrol pumps in India now offering CNG, EV charging

India has about 84,600 fuel retail outlets, of which 8,900 offer alternative fuels such as CNG, auto LPG or EV charging facilities

Updated On: 26 Oct 2022 | 12:55 PM IST

DDA nod to proposal on EV charging at petrol pumps at lesser licence fee

The LG, who is also the chairperson of DDA, tweeted about the decision taken during the meeting, which was attended by the urban body's vice-chairman and other members.

Updated On: 03 Aug 2022 | 11:46 PM IST