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Rupee at all-time low

Chalanachithram.com DB » New TF Industry Related » Archive through February 25, 2016 » Rupee at all-time low « Previous Next »
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Tilak
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Posted on Tuesday, February 23, 2016 - 08:39 pm:       


Guriginja:

Feb 2015 lo 56 vunte Feb 2016 lo 59 vundhi yem cheppal ba vesina line vesthe.


Modi govt vachinappudu Rs 71.51 per liter in May 2014, now Rs 59.95 per liter in Feb 2016. Do your math.

Guriginja:

nenu cheppedhi kuda adhe...I blame the govt for increasing the taxes to fill its coffers, subsidy ani buchi chupisthu....sare don't have to pass on the whole thinng, oka 10 rs anna tagginchocchu kadha....



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Vja2va
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Posted on Tuesday, February 23, 2016 - 11:52 am:       


Idle_yzag:


did anyone used? xe lo 68.56 vunte veedu 70 yela isthunadu?




aa rate first 1000 $ ki anthe..
 

Idle_yzag
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Posted on Tuesday, February 23, 2016 - 11:51 am:       


Telugodu:

How is transfast for money transfer? 70 istunnadu rate for 4 days delivery




did anyone used? xe lo 68.56 vunte veedu 70 yela isthunadu?
JP/Chiru
 

Twitter
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Posted on Tuesday, February 23, 2016 - 11:15 am:       


Rajin:

modi padi kalalu paatu elage vundaali .




yeah at least mana loans theerevaraku ilaage undali :D
 

Telugodu
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Posted on Tuesday, February 23, 2016 - 10:53 am:       

How is transfast for money transfer? 70 istunnadu rate for 4 days delivery
 

Rajin
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Posted on Tuesday, February 23, 2016 - 09:26 am:       

modi padi kalalu paatu elage vundaali .
 

Zulu
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Posted on Tuesday, February 23, 2016 - 09:26 am:       

manmohan age ki rupee ki link petti FB..titter BJP fans comedy chesindi nijam, adhi DB lo post chesi comedy chesindi nijam...you can verify this with DB watchman kam senior character artist sesani

aa sadaru janam nijanga siggu tho thala ekkada rajendra?
 

Bunty717
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Posted on Tuesday, February 23, 2016 - 09:18 am:       

go dollar go..



$ 85 ayite chaalu.. rachal untaadi..
 

Bluelagoon
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Posted on Tuesday, February 23, 2016 - 09:15 am:       

rupee evry yr 10% depreciate vauthondhi
 

Xxx
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Posted on Tuesday, February 23, 2016 - 09:13 am:       


Onlytruth:

MODI rocks




CBN PEEKS aa ?
-
 

Bluelagoon
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Posted on Tuesday, February 23, 2016 - 09:13 am:       

feb 2015 lo 62 undhi ipuudu 69

ante 10% depreciation with in one year

may 2014 lo 59 now 69 nte

two years ki 18% depreciation
 

Teluguhero
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Posted on Tuesday, February 23, 2016 - 09:05 am:       


Onlytruth:

MODI rocks




LOL. CBN rocks
 

Onlytruth
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Posted on Tuesday, February 23, 2016 - 08:50 am:       

MODI rocks
 

Guriginja
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Posted on Tuesday, February 23, 2016 - 08:47 am:       


Tilak:

Tilak:
do facts matter? at all? when it comes to Modi, lies are enough?? Gave the same link even in the past on the same topic -
https://iocl.com/Product_PreviousPrice/PetrolPreviousPrice.a spx




Feb 2015 lo 56 vunte Feb 2016 lo 59 vundhi yem cheppal ba vesina line vesthe.
 

Tilak
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Posted on Tuesday, February 23, 2016 - 08:07 am:       


Guriginja:

oke place lo yentha change ayyindi pettu tikka bedaru..chuddam.



Tilak:

do facts matter? at all? when it comes to Modi, lies are enough?? Gave the same link even in the past on the same topic -
https://iocl.com/Product_PreviousPrice/PetrolPreviousPrice.a spx



99% National - 1% Glocal
 

Guriginja
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Posted on Tuesday, February 23, 2016 - 07:56 am:       

chennai lo cheaper than nellore oka 3-4 rs teda vuntundhi...I think usually it is cheper in metros.....2014 nunchi...oke place lo yentha change ayyindi pettu tikka bedaru..chuddam.
 

Guriginja
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Posted on Tuesday, February 23, 2016 - 07:54 am:       


Thikka_sankara:

malli vesesaav.... Lol....idigo neekosam fresh ga eee roju morning teesa foto.... Enjoy.... Naaa meeda luv tho ooolllo andariki 45 ki istunnadaa pump odu roflmao.....
http://m.imgur.com/51RqEZt




yesedendi saami Feb 2nd na 5050 ki pattincha ani seppa.....nellore daggara...idigo current price akkada.

http://www.petroldieselprice.com/petrol-diesel-lpg-cng-fuel- oil-price/Nellore-Z-P/Nellore/Nellore/Andhra-Pradesh/524001
 

Guriginja
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Posted on Tuesday, February 23, 2016 - 07:46 am:       


Jeffa:

Guriginja babai poorthi gaa onside thinking




one side thinking yendhi saami...every country even developped countries give subsidies in form or another...deficit vundhi ani price taggina kuda daniki saripada taxes yesthe adhi docheyadam kaaka inkemiti....aa matram telivi vere vaallaki lekana....US deficit 17 trillion pai maata but you don;t see them doing it here yendukante it is absolutley wrong a dn vurikinchi vurikionchi kodathar....americsa lo kukoni taapiga $1.50 ki gallon kottisthu akkada maatram deficit defict ani anadam yemiti comedy kaakunte....govts always run on deficit..you don't run them as corporate companies.decreasing the price at pump can ease transportation costs, can bring down commodotie, fertilizer costs tagginchocchu and so on,,sare inka vere yemanna penchakunda vunnara ante prathi budget lo yedho okati penchukuntune potharu....adige vadu ledhu...mana party kanunka idhi correct ante seppedem ledhu.
 

Prasanth
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Posted on Tuesday, February 23, 2016 - 06:50 am:       


Jatayu:

Hard core Mahesh Bob fan



From Vijayawada, staying in Bangalore
 

Jatayu
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Posted on Tuesday, February 23, 2016 - 06:29 am:       


Guriginja:

nee meedha luv tho 45 ki isthunnademo mee pump vadu.



diesel kottinchukokapoyi petrol kottinchukunnavemo.. glass marchandi ra guri annaiki..
Hard core Mahesh Bob fan
 

J__the_heartist
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Posted on Tuesday, February 23, 2016 - 05:52 am:       


Kukatpally:

Saudi giving 2/3rd oil for free to India... all due to Modi visit and his charm ani




1. Not Saudi its UAE

2. MODI Rocksaa
 

Thikka_sankara
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Posted on Monday, February 22, 2016 - 11:40 pm:       


Guriginja:

nee meedha luv tho 45 ki isthunnademo mee pump vadu.


malli vesesaav.... Lol....idigo neekosam fresh ga eee roju morning teesa foto.... Enjoy.... Naaa meeda luv tho ooolllo andariki 45 ki istunnadaa pump odu roflmao.....
http://m.imgur.com/51RqEZt
Perhaps nobody has changed the course of history as much as the historians. ~Franklin P. Jones"
 

Jeffa
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Posted on Monday, February 22, 2016 - 11:33 pm:       

Guriginja babai poorthi gaa onside thinking.. nenu pattukunna kundel ki rende kallu ane rakam.

Subsidy ante.. prajalu pay chesina pannultho bharthi chesi.. GAS rate ni saamanyudiki andubaatulo vunchatam. Ela bharthi chesina pannula sommu nizaaniki abhivruddi karyakramalaki(infrastructure etc), santhi bhbadrathalaki etc use cheyyali. Ippudu ala nastapoyina subsidy nastam, thaggindi.. ante ikkada Govt ki nastam thaggindi.. petroleum price thaggatam valana.. (Neeku vehicle wheels kinda Shock-absorbers ani vuntaay telusaa? Subsidies ante alantive.. vehicle lo vunna prayaneekudiki road meedi gathukula vishayam teliyakundaa prayaanam saafeegaa jarigettu choodatam. ). Kaasepu aalochinchu babai...
 

Gandhiguevara
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Posted on Monday, February 22, 2016 - 09:38 pm:       


Santhi_swaroop:

https://www.facebook.com/vivekshettym/videos/138190705183501 0/


ivannee bokadia videos....1000 mandi ni aduguthaaru....daanlo ilaanti 3 or 4 pakodis tagulthaaru....vaatini compile chesi FB lo chillara kosam pedathaaru....between who the efff is A Guru?
 

Santhi_swaroop
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Posted on Monday, February 22, 2016 - 09:00 pm:       


Kingjames:

Modi kurrod so far failed/not up to the mark anukuntunna....Sadinchindi emanna vunte pettandi...




see till end

https://www.facebook.com/vivekshettym/videos/138190705183501 0/
ee Santhi_Swaroop flash back loo Paga_Babai_Paga
 

Kingjames
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Posted on Monday, February 22, 2016 - 08:57 pm:       

Modi kurrod so far failed/not up to the mark anukuntunna....Sadinchindi emanna vunte pettandi...
 

Junior_no1
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Posted on Monday, February 22, 2016 - 08:38 pm:       


Rajin:

time ki cash levu


cards geeki cash ampu
BABU BULL DOGS - ACHI BUCHI GALI DHOOOLI
 

Tilak
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Posted on Monday, February 22, 2016 - 08:24 pm:       


Saint:

Voorike pitchi kukkala maadiriga social media lo manmohan age meeda comments chesina batch, danini db lo support chesina batch, siggu tho thala ekkada pettukuntaru rajendra?


pichi kukkala comments chesthe .. nijam ga ne siggu tho thala ekkada pettukovala teliyadu rajendra .. anavasaram ga oogakunda facts matladu saintendra ..
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Thikka_sankara
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Posted on Monday, February 22, 2016 - 08:22 pm:       


Saint:


UPA govt lo jarigithe desa drohulu,


upa aka congress govt ni desa drohulu annadi petrol prices gurinchaa.... Lol congress fans siggulekunda tiruguthunna db Idi rajendra choosi post cheyy..... B/w haryana lo congress riots cheyisthunnaranta gaa.... JNU lo anti India sloganeering jarigindi ani action yeesukontonte ochhi intolerance ani vaage ragul gandi and co dacoit batch ni enduku desa drohulu anetollam/antaamo neekardham kaadule odileyy....
Perhaps nobody has changed the course of history as much as the historians. ~Franklin P. Jones"
 

Tilak
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Posted on Monday, February 22, 2016 - 08:22 pm:       


Guriginja:

memu kuda pattincham 2014 lo diesel 52.50 or so vunte monna feb 1st wk lo 50.50..adhi modi goru visala hrudayam tho icchina kanuka


do facts matter? at all? when it comes to Modi, lies are enough?? Gave the same link even in the past on the same topic -
https://iocl.com/Product_PreviousPrice/PetrolPreviousPrice.a spx

2014 lo peak price of petrol was Rs ~73. As on date, it is ~59. Calculate the difference and the percentage in decrease (shouldnt be that hard), keeping in mind that rupee depreciated quite a bit in the mean while, ofcourse still doing better than a lot of other Asian/Developing countries ..

Mushin:

rupee is not doing bad....its doing ok....just that dollar is doing very good...


Among the emerging economies (BRICS) - India is doing relatively well. And I am surprised there are a few people who complain about govt trying to cut down on deficits! Pointless disco I guess ..
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Saint
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Posted on Monday, February 22, 2016 - 08:11 pm:       

Bhakths logics tho vachesaraa? Ki ki ki... UPa govt lo ee metta logics emayyayi? Appudu problems leva? Voorike pitchi kukkala maadiriga social media lo manmohan age meeda comments chesina batch, danini db lo support chesina batch, siggu tho thala ekkada pettukuntaru rajendra?

Petrol prices increase chesinappudu gola chesinappudu, ee logics gurthuki raleda?

UPA govt lo jarigithe desa drohulu, corruption.. Mana hayam lo jarigithe DLMs...

Black money bayata pedatham, cut sethe emi seyyaleru.. .. Rupee all time record evari hayam lo vachindi? Navvina napa chenee pandindi...
 

Mushin
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Posted on Monday, February 22, 2016 - 07:54 pm:       


Man_of_masses:

anthe anthe








https://www.quora.com/Why-is-government-not-able-to-control- the-depreciation-of-INR-against-US-How-to-break-this-trend-o r-will-this-help-the-economy-to-be-compitetive/answer/Balaji -Viswanathan-2?srid=tAK0&share=15e83dcd
 

Man_of_masses
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Posted on Monday, February 22, 2016 - 07:46 pm:       


Mushin:

rupee is not doing bad....its doing ok....just that dollar is doing very good...

correct me if i'm wrong


anthe anthe
Success Doesn't Guarantee Happiness..
http://i42.tinypic.com/54g1g2.png
 

Mushin
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Posted on Monday, February 22, 2016 - 07:45 pm:       

http://www.bloomberg.com/news/articles/2015-09-30/rupee-gain s-most-in-emerging-markets-as-india-eases-bond-curbs

http://seekingalpha.com/article/3892096-rupee-outshining-eme rging-market-currencies

rupee is not doing bad....its doing ok....just that dollar is doing very good...

correct me if i'm wrong
 

Guriginja
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Posted on Monday, February 22, 2016 - 11:55 am:       


Thikka_sankara:


2014 lo it touched 62; today it's 45 lol




lol nenu pattinchinadniki kuda nuvve pedathava....Feb 2nd full tank kottincha 52.50/litre in manubolu near nellore....nee meedha luv tho 45 ki isthunnademo mee pump vadu.
 

Thikka_sankara
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Posted on Monday, February 22, 2016 - 11:47 am:       


Guriginja:

point is no sane govt would do this to make up deficit....govt is for the people and by the people...people deserve to get the benefit.


Idi already awara post chesaadu.... Not latest but it gives you pretty much idea....

http://www.kshitij.com/research/petrol.shtml

Now say, only us govt is sane lol
Perhaps nobody has changed the course of history as much as the historians. ~Franklin P. Jones"
 

Thikka_sankara
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Posted on Monday, February 22, 2016 - 11:39 am:       


Guriginja:

memu kuda pattincham 2014 lo diesel 52.50




2014 lo it touched 62; today it's 45 lol
Perhaps nobody has changed the course of history as much as the historians. ~Franklin P. Jones"
 

Guriginja
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Posted on Monday, February 22, 2016 - 11:27 am:       


Thikka_sankara:

B/w pump prices for full tank rough ga 700 padedi ippudu 500 odd paduthondi




memu kuda pattincham 2014 lo diesel 52.50 or so vunte monna feb 1st wk lo 50.50..adhi modi goru visala hrudayam tho icchina kanuka


Thikka_sankara:

US which is supposed to be super power chesedi teesukochi India ila enduku cheyyatledu ante stupid argument...




who is even comparing economies ya....that would be stupid..point is no sane govt would do this to make up deficit....govt is for the people and by the people...people deserve to get the benefit.
 

Thikka_sankara
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Posted on Monday, February 22, 2016 - 11:17 am:       


Guriginja:

..na first post was comparing the two..which continued to the defict and its reduction...oka part teesukunta oka part teesukonu


us unna part eppudu teesukoledu... US is a different economy.... It has its priorities on its expenditure and income.... US which is supposed to be super power chesedi teesukochi India ila enduku cheyyatledu ante stupid argument....

B/w pump prices for full tank rough ga 700 padedi ippudu 500 odd paduthondi
Perhaps nobody has changed the course of history as much as the historians. ~Franklin P. Jones"
 

Guriginja
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Posted on Monday, February 22, 2016 - 10:57 am:       


Thikka_sankara:

again, who gives a fuq with what you do in us lol....




between if you don't give a fuq about US don't respond..nobody gives a fuq...na first post was comparing the two..which continued to the defict and its reduction...oka part teesukunta oka part teesukonu...ani chandramukhi tyfe disco ante adhi comedy ..lol


inko between...please give a fuq and post ur pump prices 2014, 15 and 16..TIA.
 

Thikka_sankara
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Posted on Monday, February 22, 2016 - 10:47 am:       


Guriginja:



lol....oka 10rs janalaki ivvocchu kadha anedi vaduka basha


Ohh back off avthunnav aaaa good lol....
Perhaps nobody has changed the course of history as much as the historians. ~Franklin P. Jones"
 

Guriginja
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Posted on Monday, February 22, 2016 - 10:46 am:       


Thikka_sankara:

I need not, I fill up my bike day in and day out.... Kaneesam 10rs Anna tagginchochu kada annav kadaa,




lol....oka 10rs janalaki ivvocchu kadha anedi vaduka basha...roju pattisthav ga nuvve seppu janalaki arthamayyela 2014 lo yentha kattav 15 lo yentha ippudu yenta....andaru telsukuntaru
 

Thikka_sankara
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Posted on Monday, February 22, 2016 - 10:38 am:       


Guriginja:



u can google na


I need not, I fill up my bike day in and day out.... Kaneesam 10rs Anna tagginchochu kada annav kadaa, looks like you need some googling on what the current pump prices are.....

Guriginja:

america lo janalaki presidential candidates cheppali...we are going to stabilize your gas prices and decrease the deficit ani


again, who gives a fuq with what you do in us lol....
Perhaps nobody has changed the course of history as much as the historians. ~Franklin P. Jones"
 

Guriginja
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Posted on Monday, February 22, 2016 - 10:30 am:       


Thikka_sankara:

b/w do you know what's pump price today??




u can google na.....america lo janalaki presidential candidates cheppali...we are going to stabilize your gas prices and decrease the deficit ani...looks like that is the vinteligent nationalist thing to do....lol
 

Thikka_sankara
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Posted on Monday, February 22, 2016 - 10:26 am:       


Guriginja:



LOL....janalaki benifts pass cheyakunda govt coffers fill cheyali ane nee vaadana


lol.... Malli same line.....kikiki

Guriginja:

oka 10 rs anna tagginchocchu kadha..


b/w do you know what's pump price today??
Perhaps nobody has changed the course of history as much as the historians. ~Franklin P. Jones"
 

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Posted on Monday, February 22, 2016 - 10:23 am:       


Thikka_sankara:

.. US em chesthe who gives a fuq.... India isn't US..




LOL....janalaki benifts pass cheyakunda govt coffers fill cheyali ane nee vaadana...LOL...lagan cinema lo nee lage septhadu...rajugoru....lol
 

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Posted on Monday, February 22, 2016 - 10:20 am:       


Guriginja:

america has 17 trillion deficit..paapa veellaki antha telivi ledhu....gas price atte vunchi deficit fill chesukovalani..medhavi modi gorini susi nerchukovalemo...how to be a real nationalist by not passing the buck to people...kiki


enduku melikalu.... US em chesthe who gives a fuq.... India isn't US.... India is trying to cover it's deficits and that, according to you is filling coffers lol....
Perhaps nobody has changed the course of history as much as the historians. ~Franklin P. Jones"
 

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Posted on Monday, February 22, 2016 - 10:18 am:       


Asdf:


inkaa seppali ante it took the focus of make in India week. so is the govt trying to divert attention of Make in India event


yeppp.... Lol
Perhaps nobody has changed the course of history as much as the historians. ~Franklin P. Jones"
 

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Posted on Monday, February 22, 2016 - 10:18 am:       


Thikka_sankara:

Vaarini filling deficit = filling coffers aaaa super machhiii....




america has 17 trillion deficit..paapa veellaki antha telivi ledhu....gas price atte vunchi deficit fill chesukovalani..medhavi modi gorini susi nerchukovalemo...how to be a real nationalist by not passing the buck to people...kiki
 

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Posted on Monday, February 22, 2016 - 10:17 am:       


Asdf:

akkada arisindi gottam gallu kaadu. intellectuals and liberals as per MSM.

sare ipudu vallani arrest cheyatam lo soopina atyutsaaham valla rupee and reliance ye rakamga affect ainaayi?




Neekokati ardham aindaa??? First aaa incidents ni eee thread Loki techinde Guri.... Malli

Guriginja:

but yevado gottam gadu aristhe desam lo idhi top most samasya annattu deeniki siachen ki...inkekkadiko.tala ki mokaliki link tyfe lo petti.




Linkulu pettoddu ani salaha isthoone dollar vs rupee thread lo first post lo veetini link pettindi evarabbba.....

Guriginja:

the so called vinteligents on social media are also more worried about liking a soldiers page and talking shit about JNU, etc..



Perhaps nobody has changed the course of history as much as the historians. ~Franklin P. Jones"
 

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Posted on Monday, February 22, 2016 - 10:14 am:       

Vaarini filling deficit = filling coffers aaaa super machhiii....
Perhaps nobody has changed the course of history as much as the historians. ~Franklin P. Jones"
 

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Posted on Monday, February 22, 2016 - 10:10 am:       


Guriginja:

but yevado gottam gadu aristhe desam lo idhi top most samasya annattu deeniki siachen ki...inkekkadiko.tala ki mokaliki link tyfe lo petti...na janmabhoomi ante comedy..




akkada arisindi gottam gallu kaadu. intellectuals and liberals as per MSM.

sare ipudu vallani arrest cheyatam lo soopina atyutsaaham valla rupee and reliance ye rakamga affect ainaayi?

inkaa seppali ante it took the focus of make in India week. so is the govt trying to divert attention of Make in India event
 

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Posted on Monday, February 22, 2016 - 10:10 am:       


Asdf:

how does the govt. help reliance with this pricing model? not being a jerk, i have no idea.




http://www.bloomberg.com/news/articles/2015-07-24/reliance-p rofit-rises-as-oil-price-plunge-boosts-fuel-margins
âThe sharp increase in demand for transportation fuels helped us realize strong refining margins.â

basic ga govt...pump price tagginchaka povadamvalla kummukunnadu....
 

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Posted on Monday, February 22, 2016 - 10:07 am:       


Guriginja:

nenu cheppedhi kuda adhe...I blame the govt for increasing the taxes to fill its coffers, subsidy ani buchi chupisthu....sare don't have to pass on the whole thinng, oka 10 rs anna tagginchocchu kadha....aa taxes taggithe naptha will be cheaper, will bring down fertilizer costa..alage comon mang vadakam lo diesel engines cost, tranportation, etc...if govt is only making up for the deficits how come reliance is making record profits?




Center kanna state govts ye ekkuva taxes on oil... states are budget starved becoz of bakwas welfare programs... it ultimately comes to the people's choice..janalu have to reject the parties which offer too-much unnecessary welfare..

Technically I oppose but Heartfully I accept - Pulp
 

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Posted on Monday, February 22, 2016 - 10:06 am:       


Asdf:

off topic - are you ok with those slogans ?




I am not...but yevado gottam gadu aristhe desam lo idhi top most samasya annattu deeniki siachen ki...inkekkadiko.tala ki mokaliki link tyfe lo petti...na janmabhoomi ante comedy....proof tho dorikinodini kummu yevadu vaddantadu..dorikindhi sandu ani andarni kummudam ane atytsaham tho started trouble.
 

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Posted on Monday, February 22, 2016 - 10:04 am:       


Amaravathi:



Okka sari nuvvu gurthu seskunte aa rojulu....

$145 barrel vunnappudu pedda ga petrol price peragaledhu India lo..perigindhi kani not comparable to the crude oil rise... aa high price period lo Oil corps in public sector had huge deficit/losses on their balancesheets... appatlo nen choosindhi 40K crores varaku bokka padindhi...they filled it up eventually..




nenu cheppedhi kuda adhe...I blame the govt for increasing the taxes to fill its coffers, subsidy ani buchi chupisthu....sare don't have to pass on the whole thinng, oka 10 rs anna tagginchocchu kadha....aa taxes taggithe naptha will be cheaper, will bring down fertilizer costa..alage comon mang vadakam lo diesel engines cost, tranportation, etc...if govt is only making up for the deficits how come reliance is making record profits?
 

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Posted on Monday, February 22, 2016 - 09:53 am:       


Guriginja:

$145/ barrel vunnapudu kuda iccharu aa subsidy.




Okka sari nuvvu gurthu seskunte aa rojulu....

$145 barrel vunnappudu pedda ga petrol price peragaledhu India lo..perigindhi kani not comparable to the crude oil rise... aa high price period lo Oil corps in public sector had huge deficit/losses on their balancesheets... appatlo nen choosindhi 40K crores varaku bokka padindhi...they filled it up eventually...

ippudunna 70Rs petrol price lo State/central taxes ye 40rs vunnai..crude price ni batti maaredhi aa 30rs matrame..if crude price goes down half...petrol price will be down by 15rs only even if they pass complete price fall.

Technically I oppose but Heartfully I accept - Pulp
 

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Posted on Monday, February 22, 2016 - 09:52 am:       

http://logos.nationalinterest.in/2016/02/why-are-petrol-pric es-not-decreasing/

Why are petrol prices not decreasing?

by Anupam Manur on FEBRUARY 20, 2016 in BLOG

A common refrain from most motorists is that petrol prices should have reduced considerably with the fall in global crude oil prices. Even though global prices have fallen from well above $100 per barrel to less than about $30 per barrel in the past 1-2 years, the price that we pay for a litre of petrol in India has not reduced proportionately. Are the oil PSUs fleecing the consumers and raking in super-normal profits by buying low and selling high? Not quite.

Firstly, it is extremely important to understand that petrol prices in India is highly regulated and controlled by the government. The individual firms (be it private or government) have little say in fixing petrol prices.

Also, it should be noted that global crude oil prices is just one side of the coin. All oil imports are priced in dollars, which makes the exchange rate of the rupee with the dollar extremely important. The rupee has been depreciating continuously against the dollar and this affects the price of petrol as well. Letâs assume that the price of 1 barrel of crude oil is $30. At an exchange rate of Rs.60/$, it would be Rs.1800, where as it would jump to Rs. 2100 per barrel, if the exchange rate jumps to Rs.70/$ (where we are inching towards).

Second, only about 40% of the price you pay is for the actual price of petrol. The rest of it is taxes. The cost of a basic litre of crude oil is around Rs.13.5. Then, of course, the crude oil has to be refined and there are various costs involved in this. At the first level, there is entry tax, refinery processing, margin and landing cost from refinery to the Oil Marketing Companies (OMC). Then, there are costs which the OMCs have to bear such as transportation, freight, landing to the dealers and finally, their own margin. All of this put together adds Rs11 to the price of oil, of which the OMC margins are less than Rs.2 per litre. The petrol pumps takes a commission of about Rs.2.25 per litre.

Then comes the first of the big taxes â the excise tax. The excise tax charged on one litre of petrol by the Union government is close to Rs.20 (which was hiked recently by the government). Thus, the dealer (the petrol pumps) pay about Rs. 45 for one litre of petrol . Then, there are a flurry of state taxes and cesses. Around 33% of what you pay for one litre of petrol goes towards state taxes, of which, state sales tax accounts for 25%, state entry taxes account for about 5%. All of this broadly falls under the state VAT. Additionally, there are other various cess that are levied both at the centre and the state. (Karnataka levied a monorail cess in the 1980s and though the project has been shelved in the early 1990s, the cess continues to this date).
 

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Posted on Monday, February 22, 2016 - 09:47 am:       


Xxx:


LPG prices in India is subsidized and it had pooling account ..

When prices are low , the move profits to that account and when prices are up they use them to lower the subsidize the prices .. not related to the govt for day to day price changes , it related to policy ..




there are lots of things that the govts subsidise in every country....even in the US, that is a govt policy.....govt should do that and could do that before too..idemanna dawood gadi company na govta aa? to not pass on the buck to the common man, even 50% of it and coffers nimpukovataniki..lpg subsidy is a very lame excuse....forget congress...avanni isthune vajpayee time lo desam cheyyalsina panulanni cheyaledha....lpg subsidy istthun kanuka govt ni adaga kudadhaa...LOL....$145/ barrel vunnapudu kuda iccharu aa subsidy.
 

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Posted on Monday, February 22, 2016 - 09:45 am:       


Guriginja:




off topic - are you ok with those slogans ?
 

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Posted on Monday, February 22, 2016 - 09:44 am:       


Guriginja:

Gas that costed about $60.00 this wkend costed me $23.00, such a huge drop in price, but India lo not much difference at all. reliance laughing off to the bank. Not even a single politician questioning the govt on this. Why is Modi not passing on the buck to the common man, this can ease the costs of farmers, transporters, fertilizer costs, etc...that can bring down inflation, but ee daddamma prabutvam and parties lenivi sristinchi...desa bakthi, desa drohi, ani janalani real issues nunchi mosam chesthunayi....the so called vinteligents on social media are also more worried about liking a soldiers page and talking shit about JNU, etc...kadupuki kudu pettevi yevi? warastest government ever, creating imaginary enemies to prove that they are heroic (asalu fight cheyyakkarledhu ga, gatti ga I am des bakth ani aristhe saalu)




Intha sensible eppudu ayipoyaav annai...YCP lonchi vachesaaka? ee madhya strategic silence paatistuav party meedha? whats cooking ya

Technically I oppose but Heartfully I accept - Pulp
 

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Posted on Monday, February 22, 2016 - 09:43 am:       

guri bro
how does the govt. help reliance with this pricing model? not being a jerk, i have no idea.

i thought removal of the subsidy helped the state run industries , as they were bearing the brunt of subsidy till now. not sure if reliance was affected by subsidy.
 

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Posted on Monday, February 22, 2016 - 09:42 am:       


Asdf:



may be the soCalledRealPatriots can start questioning the govt on these, instead of takling about bharat tho tukda kar denge?




lol tokkalo videos pattukoni raccha chesthundhi patriot punters of the govt....tappu chesunte power lo vunodu kummukonid...andarikante yekkuva gola yenduko....ruppee yemayina kuda petrol price stable ga maintain setthunnaru modi goru ani facebook lo circulate chesina chesthar des bakths....lol
 

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Posted on Monday, February 22, 2016 - 09:37 am:       

time ki cash levu :-(
 

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Posted on Monday, February 22, 2016 - 09:36 am:       


Guriginja:

but ee daddamma prabutvam and parties lenivi sristinchi...desa bakthi, desa drohi, ani janalani real issues nunchi mosam chesthunayi....the so called vinteligents on social media are also more worried about liking a soldiers page and talking shit about JNU, etc...kadupuki kudu pettevi yevi? warastest government ever, creating imaginary enemies to prove that they are heroic (asalu fight cheyyakkarledhu ga, gatti ga I am des bakth ani aristhe saalu)




may be the soCalledRealPatriots can start questioning the govt on these, instead of takling about bharat tho tukda kar denge?

its not like the govt sent their thugs to shout those slogans . or is it a false flag operation?
 

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Posted on Monday, February 22, 2016 - 09:28 am:       


Xxx:


LPG prices in India is subsidized and it had pooling account ..

When prices are low , the move profits to that account and when prices are up they use them to lower the subsidize the prices .. not related to the govt for day to day price changes , it related to policy ..



chaala saarlu cheppaaru ikkada...not sure if guri annai doesn't know this or he might be saying just pass along and pile on the deficit.
 

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Posted on Monday, February 22, 2016 - 09:25 am:       

only inflation won't affect rupee kada

foreign investors money, exports-imports between US lanti vunnai kada

US dollar strong ga vunte it is not good for companies who operate outside

modi ni blame cheyyatam not good i guess..
 

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Posted on Monday, February 22, 2016 - 09:24 am:       


Guriginja:

Gas that costed about $60.00 this wkend costed me $23.00




LPG prices in India is subsidized and it had pooling account ..

When prices are low , the move profits to that account and when prices are up they use them to lower the subsidize the prices .. not related to the govt for day to day price changes , it related to policy ..
-
 

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Posted on Monday, February 22, 2016 - 09:21 am:       


Redbull:


congress is bad..but ituvanti thupaari issues were never a prime time news items



congress ye ga ivanni create chestunnadhi \run
 

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Posted on Monday, February 22, 2016 - 09:20 am:       


Guriginja:

but ee daddamma prabutvam and parties lenivi sristinchi...desa bakthi, desa drohi, ani janalani real issues nunchi mosam chesthunayi....the so called vinteligents on social media are also more worried about liking a soldiers page and talking shit about JNU, etc...kadupuki kudu pettevi yevi?




good one annai..absolutely pathetic.. using advanced technology to discuss on stoneage issues like caste,racism,religion..is lowest level any country can get anukuntaa..

congress is bad..but ituvanti thupaari issues were never a prime time news items
 

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Posted on Monday, February 22, 2016 - 09:17 am:       

monna oka 'modi'fied kurrod telling... Saudi giving 2/3rd oil for free to India... all due to Modi visit and his charm ani
 

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Posted on Monday, February 22, 2016 - 09:11 am:       

Gas that costed about $60.00 this wkend costed me $23.00, such a huge drop in price, but India lo not much difference at all. reliance laughing off to the bank. Not even a single politician questioning the govt on this. Why is Modi not passing on the buck to the common man, this can ease the costs of farmers, transporters, fertilizer costs, etc...that can bring down inflation, but ee daddamma prabutvam and parties lenivi sristinchi...desa bakthi, desa drohi, ani janalani real issues nunchi mosam chesthunayi....the so called vinteligents on social media are also more worried about liking a soldiers page and talking shit about JNU, etc...kadupuki kudu pettevi yevi? warastest government ever, creating imaginary enemies to prove that they are heroic (asalu fight cheyyakkarledhu ga, gatti ga I am des bakth ani aristhe saalu)
 

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Posted on Monday, February 22, 2016 - 09:01 am:       


Jalsa:

kavatley




http://indianexpress.com/article/india/india-news-india/no-q uota-no-azadi-i-want-my-razai-captain-pawan-kumar-who-died-f ighting-terrorist/

saw this news today morning ..

India , no more humanity .. okkadu kooda matladadu , when some one so young died for a cause ..
Highest level of corruption, no ethics , and power hungry .

Who cares about Rupee up or down ?
-
 

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Posted on Monday, February 22, 2016 - 08:52 am:       

what? edho antunnavu, ardham kavatley
 

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Posted on Monday, February 22, 2016 - 08:45 am:       

Rampant Corruption , degrading morals and humanity , distribution of fake notes and what not !!!

Worst polluted city in world is capital of India . If an Army office at age of 23 dies no one cares ..
-
 

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Posted on Monday, February 22, 2016 - 08:41 am:       

68.91 anta....previous low was in 2013 68.85

ache din - kottesukondi \run

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