Diesel
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Rahul Gandhi leads Congress protest against fuel price hike, demands roll back
India | Mar 31, 2022, 11:08 AM 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 | Mar 25, 2022, 08:15 AM 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 | Mar 22, 2022, 04:03 PM 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 | Mar 22, 2022, 11:02 AM 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 | Mar 20, 2022, 12:57 PM 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 | Mar 07, 2022, 08:10 PM 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 | Mar 04, 2022, 06:58 PM 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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Russia Ukraine War fallout: Get ready for steep hike in petrol, diesel prices
Business | Mar 03, 2022, 12:44 PM ISTThe basket of crude oil India buys rose above USD 102 per barrel on March 1, the highest since August 2014. This compares to an average of USD 81.5 per barrel price of the Indian basket of crude oil at the time of freezing of petrol and diesel prices in early November last year.
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Ukraine crisis: How US sanctions on Russia will affect India
World | Feb 24, 2022, 12:20 AM ISTRussia-Ukraine crisis is going to impact oil and gas prices across the world, which is already at a 7-year high at present, and impact the value of the Indian rupee, therefore, if our value depreciates, then commodities prices are going to get impacted.
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New Zealand: Increase in cost of living reaches new high
World | Feb 10, 2022, 12:57 PM ISTThe increase in the annual cost of living, as measured by the household living-costs price index, was the highest recorded since the series began in 2008 for seven out of the 13 household groups, said Stats NZ, New Zealand' statistics department.
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Poll effect? No change in petrol, diesel prices for the last 69 days
Elections | Jan 13, 2022, 02:27 PM ISTThe latest decision to keep petrol and diesel prices unchanged is the longest duration of no-change in prices since the daily price revision was introduced in June 2017.
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'No mask, No petrol' instituted in MP amid rising Covid cases
India | Jan 07, 2022, 05:14 PM ISTPosters of 'No Mask No Petrol' have been put up at the petrol pump. Petrol pump employees are seen advising people without masks to wear one.
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High taxes on petrol, diesel: Now, Puri calls Rahul Gandhi 'jeb katra'
India | Nov 10, 2021, 06:02 PM IST"How do you look at economic development, progress?... There has been record hike in capital expenditure. That is what is economic progress is," Hardeep Singh Puri said responding to the question on Gandhi's tweet of November 1 that cautioned against "pickpockets" as he charged the government of "profiteering" from record-high fuel tax and "fleecing" common man.
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Petrol price cut by Rs 10, diesel by Rs 5 per litre in Punjab
India | Nov 07, 2021, 03:35 PM ISTChief Minister Charanjit Singh Channi made the announcement while addressing the media after the cabinet meeting. "We are reducing petrol rate by Rs 10 per litre and diesel rate by Rs 5 per litre from midnight," CM Channi said.
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Fuel price: 22 states reduce VAT on petrol, diesel. Check revised rates
Business | Nov 06, 2021, 08:35 AM ISTThe most reduction in the Petrol prices has been in Karnataka, followed by Puducherry and Mizoram. The prices of Petrol in these states have come down by Rs 13.35, Rs 12.85 and Rs 12.62 respectively, the release further added.
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Centre must release GST compensation for states to reduce VAT on fuel, says Sharad Pawar
India | Nov 05, 2021, 11:32 PM ISTIn a statement, Sharad Pawar said, "If the Centre disburses the GST compensation to all the states, then it is possible for the state governments to reduce the VAT on petrol and diesel and implement other welfare schemes."
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Petrol, diesel price cut across country as Centre cuts excise duty, states reduce VAT. Details
Business | Nov 04, 2021, 05:05 PM ISTThe government on Wednesday cut excise duty on petrol by Rs 5 per litre and that on diesel by Rs 10 a litre to give reprieve to consumers battered by record-high retail fuel prices. Since states charge local sales tax or VAT not just on the base price but also on the excise duty levied by the Centre, the total incidence of price reduction is higher. The reduction was larger in states with higher VAT.
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Petrol price cut by Rs 6.07, diesel by Rs 11.75 per litre in Delhi
Business | Nov 04, 2021, 10:53 AM ISTPetrol will cost Rs 103. 97 per litre in Delhi against Rs 110. 04 per litre, according to a price notification of state-owned fuel retailers. Diesel rates accordingly will reduce to Rs 86. 67 per litre from Rs 98. 42 per litre
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Rajnath Singh welcomes decision to cut excise duty on petrol, diesel
India | Nov 04, 2021, 08:41 AM IST"This decision taken by Modiji will not only lighten the burden on the pocket of the common man but will also prove to be a great help in controlling inflation," Rajnath Singh further said.
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Uttar Pradesh slashes petrol, diesel prices by Rs 12
Business | Nov 04, 2021, 06:32 AM IST"The state government has decided to reduce the VAT by Rs 7 and Rs 2 respectively on petrol and diesel," Additional Chief Secretary Navneet Sehgal said