New wave of price spiral on its way
As the falling rupee has already made imports costlier, consumers are set to pay Rs0.50 to Rs2 per kg more as the direct outcome of over nine per cent increase in petroleum prices for this month.
The rupee stood at Rs80 to a dollar in January 2009 which slipped to Rs84.50 in January 2010 and on [...]
Malpractices by Petrol Pumps
With the common man fuming over CNG shortages and higher prices of allied products, more than 50 per cent petrol pumps in the country have been overcharging consumers and more than 25 per cent are involved in the black-marketing of petroleum products.
According to a countrywide survey conducted by the Oil and Gas Regulatory Authority earlier [...]
CNG Price Up
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CNG consumers will have to pay Rs5.09 per kg more in Sindh and Punjab and Rs5.60 in the NWFP, Balochistan and Potohar after the Oil and Gas Regulatory Authority (Ogra) raised natural gas tariff by 18 per cent.
Ogra fixed the CNG price at Rs53.63 per kg for Sindh and Punjab from Rs48.54, while [...]
