The expected fall in truck rentals will be the first in five months
The Union home minister on Thursday lauded Modi's decision regarding the excise duty on fuel
Centre on Wednesday had 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
The Centre had, on Wednesday, made petrol and diesel cheaper by Rs 5 and Rs 10 per litre respectively
The retail prices of petrol and diesel fell between Rs 5-10 per litre in line with the Centre's announcement to cut excise duty on the two petroleum products to contain surging rates.
Tapan Banerjee, general secretary of Joint Council of Bus Syndicates, said that they are, however, sticking to their demand for an increase in fares given the huge cost of running their vehicles.
Fuel prices remained unchanged for a second consecutive day
Fuel prices witnessed a hike for the fifth consecutive day on Sunday
In Mumbai, petrol and diesel prices per litre stand at Rs 113.12 and Rs 104.00 respectively
Lanka IOC (LIOC) has hiked the retail prices of both petrol and diesel by Rs 5 per litre
Petrol and diesel prices on Friday touched an all-time high across the country after rates were hiked
Petrol and diesel prices on Thursday were hiked by 35 paise per litre each
Petrol and diesel prices continued to rise across the country for the third consecutive day on Saturday
Petrol and diesel prices on Friday rallied to their highest ever levels across the country, as fuel rates were hiked again by 35 paise a litre.
Petrol and diesel prices were hiked across the country for the sixth consecutive day on Sunday.
The prices of petrol and diesel rose simultaneously again on Tuesday amidst volatility in the global oil prices with benchmark crude increasing to above $80 a barrel.
Petrol and diesel prices soared to new record highs across the country on Saturday after rates were hiked again by 25 paise and 30 paise a litre, respectively. The price of petrol in Delhi rose to its highest ever level of Rs 102.14 a litre and to Rs 108.19 in Mumbai, according to a price notification of state-owned fuel retailers. Diesel rates too touched a record high of Rs 90.47 in Delhi and Rs 98.16 a litre in Mumbai. Prices differ from state to state depending on the incidence of local taxes. The price hike follows international oil prices soaring to near three-year high as global output disruptions forced energy companies to draw more crude oil out of their stockpiles. The basket of crude oil India imports has averaged USD 78 per barrel in last few days. The fourth increase in its rates this week has sent petrol prices above Rs 100 in most major cities of the country. Similarly, the seventh increase in prices in nine days has shot up diesel rates above Rs 100 mark in sever
In Mumbai, the petrol price increased by 21 paisa per litre to Rs 107.99 per litre, while diesel rates rose to about Rs 97.80 a litre
Petrol and diesel prices on Thursday neared record levels across the country after rates were hiked by 25 paise and 30 paise a litre respectively
Petrol price on Tuesday was hiked by 20 paise per litre and diesel by 25 paise as international oil prices neared USD 80 per barrel mark for the first time in three years. The price of petrol was hiked to Rs 101.39 a litre in Delhi from Rs 101.19 and to Rs 107.47 per litre in Mumbai, according to a price notification of state-owned fuel retailers. Diesel rates went to Rs 89.57 a litre in Delhi and Rs 97.21 in Mumbai. Prices differ from state to state depending on the incidence of local taxes. This is the first price increase in petrol in more than two months and the fourth in case of diesel. The increase followed international oil prices rising for the fifth consecutive day and global benchmark Brent heading for USD 80 per barrel. Tuesday was the first increase in petrol price since state-owned Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) on September 24 resumed daily price revisions, ending the pause in rates that had effected s