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Showing posts with label inflation. Show all posts
Showing posts with label inflation. Show all posts

Hyderabad: Fuel Price @ 01 July 2009

After the increase in the fuel prices, current price of fuels as on 1 st July 2009 are




Current price of petrol now in city of Hyderabad is 50.00 rupees


Current price of Diesel now in city of Hyderabad is 36.07 rupees


But the question is was this fuel price increase necessary by the government of India when the sales taxes could have been reduced to save the common man from extra burden. Every indivual will say NO to fuel price increase except the goverment officials . Indian government should work out plan and get the cheap fuel from Iran as early as possible to reduce the fuel prices. Moreover the commercialization of natural resources from our seas should be banned and government should take over the resources and provide it at actual price .


Disadvantages of fuel price increase :
  1. Cost of local transportation will go up.
  2. Price of all the basics commodities will touch the roof.
  3. Rise in inflation.
  4. Discouraging people to setup new bussiness as the transportation costs will go up.
  5. Costlier electricty from generators in case of power failures.


Advantages of fuel price increase :
  1. Lesser fuel consumption.
  2. Lesser carbon foot print.
  3. Healthier atmosphere.
  4. Reduction in global warming.
  5. Proper utilisation of fuels and lesser wastage.

Current Fuel Price @ Hyderabad : 6 th December 2008

The government of India has decided to reduce the prices of pertrol and diesel effective from midnight of 6 th december 2008 . However the price of international of one barrel of petrol has dropped from 150 dollars to almost 50 dollars . This reduction seems to be very neglible when the citizens of India were expecting a price of almost 10 rupess per litre .

After this reductions the price of petrol from 6 th December 2008 will be 



Current price of petrol now in city of Hyderabad is 51.10 rupees 

Current price of Diesel now in city of Hyderabad is 36.08 rupees



Its being anticipated that the prices of all basic commodities will reduce slightly and there by helping the government in taming the inflation. Another point of concern is that government of india or state government of Andhra Pradesh has reduced the prices of kerosene nor LPG .

INDIA : UPA wins TRUST VOTE 2008

United Progressive Alliance (UPA) lead by the congress party have won the trust vote by 19 votes in the Lok Sabha today i.e 22 July 2008 after heated discussion on the nuclear deal .

But now the most important thing is INFLATION which has to be dealt by the government of INDIA as early as possible .

India Petrol / Diesel prices Hiked (5 june 2008)

The government of India has increased the prices of petrol by 5 rupees and that of diesel by 3 rupees a litre.The hike in the fuel prices will come into effect from 5 th June 2008.

Current fuel price in the city of Hyderabad, India on 26 th September 2008 :


Current price of petrol now in city of Hyderabad is 56.65 rupees

Current price of Diesel now in city of Hyderabad is
38.25 rupees

Moreover price of LPG has also increased by rupees 50 per cylinder, which will now 354.42 per cylinder . Customs duty on petrol and diesel cut by Re 1, from 7.5 per cent to 2.5 per cent and Customs duty on crude cut from 5 per cent to zero.

But the shocker is that Andhra Pradesh government levies 33 % VAT on petrol the highest in INDIA and 22.25 % Vat on diesel being second highest in the INDIA after Gujarat , which turns out to be around whopping 15 rupees (approx.) and 8 rupees (approx.) per each litre of PETROL and DIESEL respectively. Most of left governed states have already reduced taxes so that it can be viable for COMMON MAN .


Lets hope that this does not a spiral effect on inflation which is already sky rocketing .

Was increasing FUEL prices , THE RIGHT STEP ????????? Do post comments ............

Hyderabad: Petrol / Diesel and other Fuel price hike

The government increased the prices of petrol by 5 paisa and that of diesel by 4 paisa a litre.The hike in the fuel prices will come into effect from past few days but most of the people are unaware of this .

Current fuel price in the city of Hyderabad, India on 1st June 2008 :


Current price of petrol now in city of Hyderabad is 51.10 rupees

Current price of Diesel now in city of Hyderabad is 34.98 rupees

More over due soaring oil prices in international market petrol and diesel prices are expected to rise soon again. Well but most ordinary citizens are unaware is that current price includes whopping tax amount which goes directly to the Indian government. I wish Indian government can reduce their profits and help the people rather than increasing the prices.

Well increase in fuel price has one advantage , well people will think twice before wasting fuel there by reducing vehicular congestions on roads of india as well reduce the noise and air pollution.

But the most dangerous consequences ( disadvantage ) of increasing the fuel price will lead higher inflation rate , thereby increasing the rates of all basic commodities too .

Well based on the current scenario rise in fuel prices is well on cards of Indian government as early by 5th June 2008