dr_nishu 198 Report post Posted November 15, 2011 Finally petrol prices slashed, effective from midnight As per IBN-live, State run Oil companies slashed prices of deregulated Petrol by Rs.1.85/litre. CNN-IBN live But as per Times of India website, TNN | Nov 15, 2011, 06.16PM IST NEW DELHI: After several hikes in the petrol prices, there is finally some relief for the consumers. According to TV reports, the price of petrol will be slashed by Rs 2.25 per litre. Source: Times of India The reduced price will come into effect from midnight. @mods: This news deserves a new separate thread. Quote Share this post Link to post Share on other sites
Sstar 77 Report post Posted November 15, 2011 Finally, some relief. But just some. Govt needs to slash their Tax rates as well. Quote Share this post Link to post Share on other sites
anandblitz 0 Report post Posted November 21, 2011 What's the use anyway, hiking the prices by almost Rs.10 and bringing it down by 2. Doesn't come close to relief in anyway. Quote Share this post Link to post Share on other sites
akit 0 Report post Posted November 21, 2011 What the hell is this ????? Petrol price is touching sky and this government is just watching and we mango peoples are suffering from it ??In Jaipur petrol price is Rs 71. Quote Share this post Link to post Share on other sites
dr_nishu 198 Report post Posted November 21, 2011 In my opinion, Its the best time for the Private Oil companies to jump into the Market with Storming strategies. It can really make competitive environment & can make these Govt. owned Subsidiaries to come to their knees for better Price execution. Quote Share this post Link to post Share on other sites
anandblitz 0 Report post Posted November 22, 2011 Anyway petrol companies have been freed from govt. control in 2010, and they can increase/decrease the prices whenever they feel like. So introduction of more private companies won't be making much of a difference in the price. Quote Share this post Link to post Share on other sites
Durango Dude 2 Report post Posted November 22, 2011 When my fuel gauge was reading 115 kms to empty they raised the price by 1.85/lit and I didn't bother to fill up as these rises have become too frequent, by the time my petrol gauge read 70 kms to empty they reduced it by 2.34/lit so went to the fuel pump filled tank and redeemed 1700 turbo points and felt happy about it. Quote Share this post Link to post Share on other sites
sb-alto 21 Report post Posted December 1, 2011 Petrol prices slashed by Rs 0.82 in Kolkata. Prices effective from Wed 12am. Any update about other cities ? sb-alto2011-12-01 11:29:29 Quote Share this post Link to post Share on other sites
Durango Dude 2 Report post Posted December 1, 2011 I won't be visiting the fuel pump any time soon. So let's see how the fuel prices 'yoyo' and if I'm lucky, it may come down when I'm due for a refill. Quote Share this post Link to post Share on other sites
