No more ‘cashless’ at Petrol Pumps in India?

No more ‘cashless’ at Petrol Pumps in India?

Petrol pump owners late on Jan 8 night deferred till January 13 their decision to not accept credit and debit card payments for fuel sales after banks put off the move to levy the transaction (MDR) charge. To promote cash-less transactions, the government had waived the Merchant Discount Rate (MDR) on fuel purchase post demonetisation […]

Real New Year ‘Gift’: Hike in Petrol, Diesel

Real New Year ‘Gift’: Hike in Petrol, Diesel

New Delhi: The real New Year ‘Gift’ that will hit your pockets: Hike in fuel prices!  Petrol price was  hikedon January 1,  by Rs 1.29 a litre — the third increase in a month, and diesel rate was raised by 97 paise a litre — the second hike in a fortnight. The increase in rates […]