Diesel
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Fuel price cut: Sitharaman explains math behind excise duty on basis of what is sharable with states
India | May 22, 2022 20:03 ISTAmid the blame-game between the Centre and Opposition over the intention of reducing the fuel prices, Finance Minister Nirmala Sitharaman put some facts before the people saying criticism/appraisal can benefit from having them before us.
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'It is always people first for us': PM Modi reacts to price cut on petrol, diesel and LPG
India | May 21, 2022 20:31 ISTThe government on Saturday cut excise duty on petrol by a record Rs 8 per litre and that on diesel by Rs 6 per litre to give relief to consumers battered by high fuel prices that have also pushed inflation to a multi-year high.
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Govt cuts LPG price by Rs 200 per cylinder, petrol and diesel cost also reduced
India | May 21, 2022 22:52 ISTLPG cylinder price cut: After cutting down on petrol and diesel prices, the government also reduced the price of LPG cylinders by Rs 200.
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Centre vs Bengal over petrol, diesel prices: 'Clear our dues of Rs 97, 807.91cr, we will...'
India | April 28, 2022 20:25 ISTMamata Banerjee's TMC put out a tweet from the party's official handle reminding PM Modi of its 'open challenge' to him.
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'Cut taxes on fuel, not liquor': Hardeep Puri slams Oppn-ruled states over high petrol,diesel prices
India | April 28, 2022 13:03 ISTHardeep Singh Puri said that the BJP-ruled states levy less VAT on petrol and diesel than the opposition ruled states.
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'Request CMs to reduce VAT': PM Modi flags high fuel prices in Opposition-ruled states
India | April 27, 2022 16:04 ISTPM Modi has urged states which have not reduced VAT on fuel to do so as he flagged higher rates in states like Maharashtra, West Bengal and Telangana.
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Only 18-day stock left: After power cut, Pakistan braces for worst diesel shortage next month
World | April 20, 2022 12:17 ISTThe Pakistan government has directed the oil refineries to boost local production to tackle the looming diesel shortage crisis.
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Petrol, diesel to become cheaper? Modi govt considering reducing excise duty, say sources
India | April 12, 2022 16:36 ISTIn November last year, the government reduced the excise duty on petrol and diesel. Petrol had become cheaper by Rs 5 per liter while diesel cost reduced by Rs 10 per liter. Some states had also reduced VAT that further helped reducing petrol, diesel prices.
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India's fuel sales rise above pre-Covid levels; petrol at all-time high
Business | April 11, 2022 15:47 ISTDiesel consumption was higher due to strong demand from agriculture sector as well as stocking up by consumers and petrol pumps in anticipation of a price hike.
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Fuel rates remain unchanged: Know how much tax do you pay on petrol and diesel above Rs 100
Business | April 09, 2022 14:58 ISTPetrol and diesel prices have constantly headed north over the past few days but it seems to have settled for now as fuel charges remain unchanged for three straight days.
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Petrol, diesel prices costlier by Rs 8 per litre in 13 days
News | April 03, 2022 12:49 ISTPetrol and diesel prices continued to rise as both fuels cost 80 paise per litre higher than the previous day. In the national capital, petrol stood at Rs 103.41 per litre and diesel costed Rs 94.67 per litre.
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Petrol, diesel prices hiked again; get costlier by Rs 7.20 per litre in 12 days
News | April 02, 2022 12:16 ISTFuel prices are on a significant rise in metro cities including Delhi, Mumbai, and Kolkata. On Saturday, the national capital saw a rise of more than 80 paise as petrol stood at Rs 102.61 per litre and diesel at Rs 93.87 per litre. In Mumbai, the petrol and diesel prices per litre stood at Rs 117.57 and Rs 101.79, respectively (increased by 85 paise).
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Sri Lanka crisis: 45 arrested after violent protest near President's residence
World | April 01, 2022 11:45 ISTA foreign exchange crunch in Sri Lanka has led to a shortage of essential goods such as fuel. cooking gas, and power cuts that last up to 13 hours a day.
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Rahul Gandhi leads Congress protest against fuel price hike, demands roll back
India | March 31, 2022 11:08 ISTRahul Gandhi said that common people are suffering due to rising petrol, diesel prices and demanded an immediate roll back.
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Petrol, diesel prices hiked by 80 paise per litre again | Check new rates
Business | March 25, 2022 8:15 ISTA record 137-day hiatus in rate revision ended on March 22 with an 80 paise per litre increase in rates and similar proportion hikes have followed in subsequent days.
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Supreme Court permits registration of BS-VI light and heavy diesel public utility vehicles
India | March 22, 2022 16:03 ISTA bench of Justices L Nageswara Rao and B R Gavai directed that the authorities should not insist on the production of court orders for the registration of vehicles in this category.
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Diesel price hiked Rs 25 per litre for bulk users, no change in retail
Business | March 22, 2022 11:02 ISTPetrol pump sales have jumped by a fifth this month after bulk users like bus fleet operators and malls queued up at petrol bunks to buy fuel rather than the usual practice of ordering directly from oil companies, widening the losses of retailers.
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With no rise in petrol, diesel prices by govt oil companies, private players not happy
Business | March 20, 2022 12:57 ISTIn the past several weeks, the prices of crude oil in the international market had reached up to $140 per barrel, most recently last week. Though it fell down to $110 again but it's still way more than $80 per barrel earlier, causing losses to public sector companies as the government is not allowing petrol, diesel prices to rise for over 120 days now, says Dr. Sudhir Bisht, International crude oil expert.
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Russia Ukraine War: Petrol, diesel price hike likely from next week
Business | March 07, 2022 20:10 ISTWest Texas Intermediate crude futures, the US oil benchmark, rose to USD 130.50 per barrel on Sunday evening, its highest since July 2008, before retreating.
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Rs 12 hike in petrol, diesel needed to break-even, LPG prices to get affected too
India | March 04, 2022 18:58 ISTWith international oil prices - on which domestic fuel retails are directly benchmarked - spiking in the last two months, state-owned fuel retailers "need a massive price hike of Rs 12.1 per litre on or before March 16, 2022, just to breakeven and a price hike of Rs 15.1 is required" after including margins for oil firms, ICICI Securities said in a report.
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