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  'Bharat is only country where fuel prices over a representative period have come down': Hardeep Puri

  India | June 17, 2024 17:14 IST

  Union Petroleum and Natural Gas Minister Hardeep Singh Puri said that the Congress party issued oil bonds which was irresponsible and today they are compounding it with lies by saying that fuel price hike is someone else's fault.

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  Karnataka: Petrol, diesel prices likely to go up as state govt revises sales tax; BJP reacts

  Business | June 15, 2024 18:42 IST

  The petrol and diesel prices are likely to go up in Karnataka as the Congress-led state government revised sales tax.

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  Oil producers, OPEC+, led by Saudis extended supply cuts amid slack prices

  World | June 02, 2024 22:15 IST

  Saudi Arabia and allied oil producing countries on Sunday extended output cuts through next year, a move aimed at supporting slack prices that haven't risen even amid turmoil in the Middle East and the start of the summer travel season.

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  Petrol-diesel hoarding at home will lead to action, warns Mizoram minister

  Mizoram | May 10, 2024 23:33 IST

  Amid disruptions in rail traffic affecting Mizoram's transportation due to issues in the Lumding-Badarpur sector of Assam, Mizoram's Minister of Food, Civil Supplies, and Consumer Affairs, B Lalchhanzova, issued a stern warning on Friday, May 10, against hoarding petroleum.

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  Tripura government imposes restriction on sale of petrol, diesel, here's why

  India | May 01, 2024 20:23 IST

  Additional Secretary of Food and Civil Supplies Department, Nirmal Adhikari said, "In view of the supply constraint of petrol and diesel due to disruption in goods train movement to the state, it has been decided to impose restriction on sale of fuel – petrol and diesel in the state from May 1.

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  Petrol, diesel prices reduced: Check new rates in your city

  India | March 15, 2024 10:18 IST

  Petrol and diesel prices have been reduced by Rs 2 across the country. The new rates will be effective from March 15, 6 am onwards.

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  Rajasthan cuts VAT on petrol, diesel, hikes DA of employees by 4 per cent

  Rajasthan | March 14, 2024 21:58 IST

  Rajasthan Chief Minister Bhajan Lal Sharma said that the reduced prices on petrol and diesel will be applicable from 6 am on Friday, March 15. Apart from Rajasthan, the Centre has also reduced petrol, diesel prices by Rs 2 across the country.

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  Govt hikes windfall tax on domestically produced crude petroleum, diesel: Know all about this tax

  Business | February 15, 2024 21:02 IST

  India introduced windfall profit taxes on July 1, 2022, aligning with a host of countries that levy taxes on the exceptional profits of energy corporations. These tax rates undergo regular review every two weeks, contingent on the average oil prices observed in the preceding fortnight.

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  Oil firms losing Rs 3 per litre on diesel, profits on petrol shrink

  Business | February 07, 2024 18:35 IST

  Oil companies have refrained from adjusting petrol, diesel, and cooking gas prices for nearly two years, leading to losses when input costs were higher and profits when raw material prices were lower.

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  Oil companies may slash petrol, diesel prices by Rs 5-10 next month

  Business | January 17, 2024 10:40 IST

  The companies may make a decision on slashing fuel rates by Rs 5 to Rs 10 a litre after assessing their financial results and considering the potential for future spikes in global oil prices.

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  Is petrol, diesel price cut happening? Oil minister Hardeep Singh Puri responds

  Business | January 04, 2024 10:53 IST

  Amid the softening of the global crude oil price, there were reports that the government may make a price cut in the petrol, diesel prices in the coming days.

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  Petrol, diesel sales fall in India as winter season sets in

  Business | January 01, 2024 18:52 IST

  Petrol sales of the three state-owned firms, which control 90 per cent of the fuel market, fell 1.4 per cent to 2.72 million tonnes in December 2023 when compared to the year-ago period, while diesel demand dropped 7.8 per cent to 6.73 million tonnes.

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  Petrol, Diesel price may be cut by up to Rs 10 in coming days, say sources

  India | December 29, 2023 11:04 IST

  Petrol, Diesel Price: The government is in talks with oil companies as it mulls to reduce the price of petrol and diesel in the coming days. Crude oil prices globally have also become cheaper.

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  Increasing exports, reducing imports new way ahead for patriotism, ‘swadeshi’: Gadkari

  Business | December 24, 2023 17:03 IST

  Three months ago, India jumped from seventh position to third in the automobile exports sector, surpassing powerhouses like Japan.

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  No petrol, diesel price hike likely despite crude oil price surge as elections loom: Moody's

  Business | October 08, 2023 15:01 IST

  Three state-owned fuel retailers -- Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) -- which control roughly 90 per cent of the market, have kept petrol and diesel prices on freeze for a record 18 months in a row.

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  Diesel sales fall 3 per cent in September, petrol up by 5.4 per cent

  Business | October 02, 2023 13:18 IST

  Consumption of petrol during September was 19.3 per cent more than in the COVID-marred September 2021 and 30 per cent more than in pre-pandemic September 2019.

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  Government hikes windfall tax on domestic crude, cuts levy on export of diesel, ATF

  Business | September 30, 2023 7:54 IST

  The duty on jet fuel or Aviation Turbine Fuel will be reduced to Rs 2.5 per litre effective Saturday, from Rs 3.5 per litre currently. The SAED on petrol will continue at nil.

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  Rajasthan: Why are petrol pumps in the state shut for today and tomorrow? What are dealers demands?

  Rajasthan | September 13, 2023 12:26 IST

  Speaking on the matter, State President of the Rajasthan Petroleum Dealers Association, Rajendra Singh Bhati said that the protest will be held against high VAT on fuel in the state.

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  Rajasthan petroleum dealers announce strike, petrol pumps to remain closed today and tomorrow

  Rajasthan | September 13, 2023 11:42 IST

  All the petrol pumps will remain closed across the state from 10 am to 6 pm Wednesday and Thursday.

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  Unemployment in India reaches 42-year high under Modi government, says AAP

  Delhi | September 03, 2023 18:24 IST

  The AAP's Rajya Sabha MP Sanjay Singh said that the prices of fuel and medicines have gone up considerably under Modi's rule. He also criticised the Agniveer scheme, saying that it has betrayed youngsters.