govt can't loot public, govt money is public money.
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Petrol prices update thread
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Re: Petrol prices update thread
what is/was the subsidy on petrol/diesel ..??Originally posted by Boom S View Postthat money was used to erase the massive losses of oil PSU's.
govt can't loot public, govt money is public money.
how much were the losses?, and due to what? are the losses completely erased now?
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Re: Petrol prices update thread
Just two days ago I completed a 2400km ride from Hyd > B'lore > Ooty > Valparai > Munnar > B'lore > Hyd in 7 days.
Entering Telangana had to refuel, and I went
on seeing the price at 69.xx , having been used to sub 64 rs pricing the past 7 days on tour. No roll back of the recently increased VAT... easy way for the govt to make money.. felt insulting!
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Re: Petrol prices update thread
Worry no more ,with the implementation of GST, the price difference arising due to vat variation will vanish.Originally posted by s1d View PostJust two days ago I completed a 2400km ride from Hyd > B'lore > Ooty > Valparai > Munnar > B'lore > Hyd in 7 days.
Entering Telangana had to refuel, and I went
on seeing the price at 69.xx , having been used to sub 64 rs pricing the past 7 days on tour. No roll back of the recently increased VAT... easy way for the govt to make money.. felt insulting!
Sent from my LG-P765 using xBhp Connect mobile app
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Re: Petrol prices update thread
Petrol prices cut by 80 paise from midnight.
Source: Petrol price cut by 80 paise/litre, diesel by Rs 1.30/litre - The Economic Times200 | 300 | 1200 BOXER
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Re: Petrol prices update thread
Some relief at least! At least till the time I get my annual increment!
A bike on the road is worth two in the shed.
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My Ride To Sunderbans - Hemnagar & Samsernagar
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Re: Petrol prices update thread
Petrol and diesel price increased to Rs 3.96 and Rs 2.37 respectively from midnight of 30 April 2015.
Source: Petrol prices hiked by Rs 3.96 a litre, diesel by Rs 2.37 - The Times of India
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Petrol and diesel price increased to Rs 3.96 and Rs 2.37 respectively from midnight of 30 April 2015.
Source: http://timesofindia.indiatimes.com/business/india-business/Petrol-prices-hiked-by-Rs-3-96-a-litre-diesel-by-Rs-2-37/articleshow/47113283.cms
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Re: Petrol prices update thread
Hike of Rs.4 is too much I must say
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An IT Engineer by profession and a rider by soul.
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Re: Petrol prices update thread
Govt didn't roll back on that massive excise hike they made when oil barrel fell to $45 from $110.. Excise Duty is now 17Rs/litre alone. There was a 3 stage hike in the last 8 months on that duty front in the name of "stabilizing GDP" and yet they don't want to roll back when the barrel prices are climbing.Got a $5 head? Get a $5 helmet.
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