Tag: IOC

IOC suspends Indian Olympic Association, India out of Olympics

Indian Olympic Association1 150x150 IOC suspends Indian Olympic Association, India out of OlympicsAccording to latest sports news, the two officials with knowledge of the decision say that IOC has suspended India’s national Olympic body due to the regular interference of government.

Meanwhile, the decision came just a day before IOA’s elections to be held on Wednesday.

It is said in news, that the IOC executive board forced the sanctions today after the Indian Olympic Association was not able to obey with the world body’s Read more

Petrol price cut by Rs2.46 per liter

Petrol Price1 150x150 Petrol price cut by Rs2.46 per literThe petrol price has been cut by the central government for the second in the same month by Rs 2.46 per liter into effect from Thursday midnight.

The fall in petrol prices was announced by three oil companies, which are Indian Oil Corporation (IOC), Hindustan Petroleum Corporation Limited (HPCL) and Bharat Petroleum Corporation Limited (BPCL) respectively. Read more

Petrol price may be cut by up to Rs 2 from next week

Petrol Price 1 150x150 Petrol price may be cut by up to Rs 2 from next weekA freshly report, the Oil corporations are in plans to cut petrol price to give little relaxation to the citizens; the reduction would be by Rs 2 per litre.

On Friday after tabled a meeting of oil marketing companies, they are expected to cut rates because of declining rates of crude prices in the international market, a source report said. Read more

Petrol Prices may be increased by Rs8 per liter this month

In wake to recover past revenue losses that is up to 5,000 crore, oil firms in national capital New Delhi are likely to plan to hike petrol prices just on the day when on this month the Parliamentary budgetary session end.

State oil firms does not revise the fuel price without permission of Oil Ministry, and as per a Cabinet decision, the ministry not allowed them to freely raise petrol prices because of political customs. Read more

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