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  Amid unabated inflation, Pakistan government announces to keep petrol-diesel prices unchanged

  World | June 16, 2023 10:02 IST

  Pakistan fuel prices: The debt-ridden country's finance minister Ishaq Dar said that the decision to keep the petroleum products prices unchanged is taken in view of international rates

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  Petrol, diesel prices in India will go down when... I Officials revealed all DETAILS

  Business | June 08, 2023 19:33 IST

  Officials said the three firms have been making positive margins on petrol since the fourth quarter of the 2022 calendar year but diesel, which accounts for the bulk of the fuel sales, had been in red.

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  Rich people in Pakistan to pay Rs 100 more for petrol, says report

  World | March 21, 2023 18:02 IST

  According to reports, the extra money which will be charged by rich people in Pakistan would be used as funds to subsidise fuel for low-income people.

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  Pakistan, inching towards bankruptcy, to further increase petrol price

  World | February 15, 2023 18:09 IST

  The Shehbaz Sharif government is likely to further increase petrol prices in the country. The new prices may be effective from February 16.

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  In Pakistan, milk now costs PKR 210 per litre, chicken meat PKR 700-780 per kg amid economic crisis

  World | February 14, 2023 19:14 IST

  Waiting for the International Monetary Fund (IMF) bailout for the 9th time, the price of one litre of milk in Pakistan is currently PKR 210, Rs 20 up from 190 per litre last week.

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  Pakistan may not have enough money to buy fuel in February: Report

  World | February 02, 2023 12:10 IST

  Pakistan economic crisis: Not just with foreign exchange reserves, Pakistan is also dealing with a depreciating value of its currency against the dollar which is rising the cost of imports, especially fuel, and food.

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  Festive season propels petrol, diesel demand to highest in four months

  Business | November 01, 2022 13:59 IST

  Industry sources said the ending of extended monsoon rains in most parts of the country and a pick up in agriculture season led to a rise in diesel demand.

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  Rs 2/ltr additional excise duty on petrol put off by one month; diesel by six months

  Business | October 01, 2022 13:56 IST

  Union Finance Minister Nirmala Sitharaman had in her Budget for the fiscal year beginning April 2022 brought a Rs 2 per litre additional levy on petrol and diesel that is not blended with ethanol and bio-diesel, respectively.

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  Delhi Pollution: No fuel without PUC at petrol pumps from Oct 25, says Minister Gopal Rai

  India | October 01, 2022 13:34 IST

  Delhi government will launch its 24X7 war room on October 3 to combat pollution and ensure effective and serious implementation of amended Graded Response Action Plan (GRAP).

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  IOC sold petrol at Rs 10 a litre loss, diesel at Rs 14

  Business | July 31, 2022 11:45 IST

  This is the first quarterly loss in over two years. The company had reported a net loss in January-March 2020, but that was on account of inventory losses on processing costlier crude.

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  Maharashtra govt to reduce VAT on fuel soon, says CM Eknath Shinde

  India | July 04, 2022 19:17 IST

  A decision to reduce VAT on fuel will be taken in the state cabinet, Shinde informed the House, while replying to a debate after he won the floor test.

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  Central Government slaps tax on petrol, diesel exports; imposes windfall tax on crude oil

  Business | July 01, 2022 14:54 IST

  The levy on crude, which follows record earnings by state-owned Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL) and private sector Cairn Oil & Gas of Vedanta Ltd, alone will fetch the government Rs 67,425 crore annually on 29 million tonnes of crude oil produced domestically.

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  GST Council meeting: 2-day gathering commences, Will Petrol-Diesel come under new tax regime

  Business | June 28, 2022 21:15 IST

  Many are hopeful that this time apart from petrol and diesel, a decision should be taken on bringing liquor under GST. However, there is no official word on these developments.

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  Petrol, diesel shortage news: Oil companies quell rumours, say 'fuel supply normal'

  Business | June 15, 2022 12:43 IST

  Petrol, Diesel shortage: Rumours about fuel shortage started doing the rounds after long queues over the weekend were spotted at petrol pumps in Rajasthan, Uttarakhand and Gujarat.

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  Pakistan hikes petrol cost by Rs 30, one litre to cost Rs 180

  World | May 27, 2022 8:19 IST

  According to Pakistan's finance minister, the hike in petrol price has been aimed at ensuring the revial of the International Monetary Fund (IMF) programme.

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  Govt may borrow 1 trillion rupees after reducing excise duty on petrol, diesel: Report

  Business | May 22, 2022 22:23 IST

  Reports said that the loss to the exchequer post the reduction of excise duty on petrol and diesel will be borne through additional borrowings.

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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 IST

  Amid 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 IST

  The 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 IST

  LPG 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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  Amendments to National Policy on Biofuels will boost 'Make in India': PM Modi

  India | May 18, 2022 22:16 IST

  The Union Cabinet has approved advancing the target of blending 20 per cent ethanol in petrol by 5 years to 2025-26 as well as allowing more feedstocks for the production of biofuels in a bid to cut reliance on imported oil for meeting the country's energy needs.