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India's petrol pump network surpasses 100,000; third-largest after US and ChinaIndia's petrol pump network has surpassed 100,000 outlets, nearly doubling in the last decade. This expansion has improved fuel access in r...- How people are finding canny ways to spend their Rs 2,000 notesThe RBI's decision to withdraw the Rs 2,000 currency note has launched a gold rush. In Mumbai's gold bazaar, some jewellers were charging a...
- Cash payments spike at petrol pumps; Rs 2,000 notes make 90% of cash transactions, says dealers' body“The RBI decision to withdraw Rs 2000 note has again created the same difficult situation at petrol pumps across the country as was faced d...
- Oil companies should raise dealers' commission: Petrol pump associationDealers' commission is decided by a five-year-old formula that has fixed as well as variable components.On average, dealers are currently g...
- Exercising your voting right will get you discount at petrol pumpPetrol pumps will also have some staff promoting voting among customers, using pamphlets and other campaign material.
- Petrol dealers call off strike, allege arm-twisting by OMCsWhile the oil companies did appeal for calling off the strike, they also warned petrol pump operators of strict action.
- Petrol pumps unable to exploit oil companies with daily ratesStudy shows pumps benefited Rs 57 cr in year with fortnightly change in rates as they cut inventory before prices fell and filled up cheap ...
- Petrol pump dealers defer protest against daily price revisionDealers say they suffer losses as they buy petrol and diesel from oil companies at one rate but the very next day rates would be cut.
- Petrol pump dealers seek more time for daily price revisionThe decision came on Thursday following a review by the state companies and the oil ministry of operations in five cities where a daily pri...
- Oil firms set up system for smooth daily fuel price changeDaily revision of Retail Selling Prices (RSP) has already been implemented on a pilot basis in Udaipur, Jamshedpur, Visakhapatnam, Chandiga...
- Motor-fuels outlets divided over starting agitation to secure higher sales margin from oil companiesThe All India Petroleum Dealers Association (AIPDA) said Tuesday that it would not support the agitation proposed by the Consortium of Indi...
- Cashless fuel sales: State firms may take Rs 5,000 crore hitThe govt had directed state oil companies to offer 0.75% discount on petrol and diesel to those paying digitally, a plan that took off on T...
- Using mobile wallets at petrol pumps is risky as it can lead to explosionOn average, petrol pumps get nearly 85 per cent of their sales in cash from customers, according to Ajay Bansal, president of All India Pet...
- Demonetisation: 700 petrol pumps start dispensing cashCap of Rs 1 lakh per petrol pump means only 50 people can be served.
- Demonetisation: Now, get Rs 2,000 cash from petrol pumpsThe move is part of the Centre's efforts to ease the rush for new currency notes at bank branches & functional ATMs following withdrawal of...
- After initial panic over demonetisation, fuel sales inch back to normalTo tide over the shortage of change, customers are now coming in groups and willing to wait for 30 minutes or an hour at filling stations f...
- Petrol, diesel sales down 25% in Delhi since odd-even scheme kicked inThe Delhi government is testing the odd-even formula only till January 15 and so it is unlikely that the monthly volume will drop dramatica...
- Why Indians are no longer queuing up to open petrol pumpsA proliferation of pumps has led to lowering of average volume at filling stations and left companies such as IOC and HPCL struggling to fi...
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