Page 11 - Diesel

Karnataka govt issues notification reducing tax on diesel, petrol

The state government in a release claimed that Karnataka is the first state to reduce sales tax on petrol and diesel

Top headlines: States slash VAT on fuel; WHO sees Covid rebound in Europe

Business Standard brings you the top stories from today

IOC commences doorstep diesel delivery in small quantities

The company said that the service is meant for customers seeking diesel in quantities as low as 20 litres

LPG price may be hiked next week; petrol, diesel rates up again

LPG rates were last hiked by Rs 15 per cylinder on October 6, taking the total increase in rates since July to Rs 90 per 14.2-kg cylinder

Petrol, diesel price hiked again; cost 30% more than ATF

The fourth straight day of 35 paise per litre hike sent petrol and diesel rates to record highs across the country.

Petrol, diesel prices rise after two-day pause

Petrol and diesel prices were hiked again across the country on Thursday after a pause of two days.Petrol prices increased by Rs 0.35 paise to Rs 104.79 per litre in the national capital while the price of diesel was raised by the same amount to Rs 93.52 per litre.In Mumbai, popularly known as the financial of India, petrol prices were raised by Rs 0.34 to Rs 110.75 per litre, and diesel by Rs 0.37 to Rs 101.4 per litre.Petrol and diesel have been priced at Rs 113.37 and Rs 102.66 respectively in Madhya Pradesh's Bhopal, Rs 105.43 and Rs 96.63 respectively in West Bengal's Kolkata and Rs 102.10 and Rs 97.93 in Chennai respectively.Oil companies started raising auto fuel prices last week. The pause on the prices on October 12 and 13 came after a seven-day consecutive rise.

Global energy crisis spurs scramble for prized diesel-rich crude

Diesel and fuel oil are expected to be the main oil-product beneficiaries of the crunch that's roiling Asia and Europe

Diesel hits Rs 100 per litre mark in Kerala, Karnataka

Diesel price on Monday breached the Rs 100-a-litre mark in Kerala and Karnataka as fuel prices were hiked yet again to align domestic rates with firming international oil prices. Petrol price was hiked by 30 paise per litre and diesel by 35 paise a litre, according to a price notification of state-owned fuel retailers. The seventh straight day of price hike pushed fuel rates to a new record high. The price of petrol in Delhi rose to its highest-ever level of Rs 104.44 a litre and Rs 110.41 per litre in Mumbai, the notification showed. In Mumbai, diesel now comes for Rs 101.03 a litre; while in Delhi, it costs Rs 93.17. While petrol price in most of the country is already above Rs 100-a-litre mark, diesel rates have crossed that level in several states, with Kerala and Karnataka being the latest ones. Diesel costs Rs 100.15 a litre in Thiruvananthapuram. Some cities in Karnataka including Shimoga and Davanagere also saw those levels on Monday. In Bengaluru however, diesel comes f

Diesel crosses Rs 100 mark in Mumbai, fuel prices up again

Mumbai on Saturday became the first metro city in the country to see diesel prices cross the Rs 100 per litre mark after fuel prices were hiked again. Petrol price was hiked by 30 paise per litre and diesel by 35 paise a litre, according to a price notification of state-owned fuel retailers. The fifth straight day of price hike pushed fuel rates to a new record high. In Mumbai, diesel now comes for Rs 100.29 a litre; while in Delhi, it costs Rs 92.47. The price of petrol in Delhi rose to its highest-ever level of Rs 103.84 a litre and Rs 109.83 per litre in Mumbai, the notification showed. Prices differ from state to state depending on the incidence of local taxes. Shedding the modest price change policy, state-owned fuel retailers have since Wednesday started passing on the larger incidence of cost to consumers. For four days in a row, the price of petrol has been hiked by 30 paise a litre and diesel by 35 paise, the biggest rally in rates. This is because the international ben

LPG price hiked by Rs 15/cylinder; petrol, diesel at all-time high

Cooking gas LPG price on Wednesday was hiked by Rs 15 per cylinder while petrol and diesel rates saw their steepest increase in recent weeks, pushing prices to all-time high levels across the country. Rates of both subsidised and non-subsidised LPG were hiked, taking the total increase in rates since July to Rs 90 per 14.2-kg cylinder. Cooking gas now costs Rs 899.50 per cylinder in Delhi and Mumbai, and Rs 926 in Kolkata, according to a price notification of state-owned fuel retailers. The government has through periodic increases eliminated subsidies on LPG in most cities. Domestic household kitchens, who are entitled to 12 cylinders of 14.2-kg each at subsidised rates in a year, and Ujjwala beneficiaries, who got free connections, now pay the market price. A 5-kg LPG cylinder now costs Rs 502. This is the fourth increase in LPG prices since July. Rates were increased by Rs 25.50 per cylinder in July, followed by Rs 25 hike each on August 17 and September 1. Alongside, petrol p

MP: Diesel crosses Rs 100 per litre-mark, petrol over Rs 111 in Bhopal

Meanwhile, state Congress spokesman Anurodh Jain demanded that the VAT on petrol and diesel be brought down immediately to provide relief to people

Petrol prices remain unchanged; here are the prices in your city today

In Delhi, petrol was at Rs 101.19 per litre. In Mumbai, petrol price remained at Rs 107.26 per litre.

Petrol and diesel price hikes look inevitable

Petrol and diesel were last increased on July 17 and July 15, respectively

Petrol prices remain unchanged; here are the prices in your city today

In Delhi, petrol was at Rs 101.19 per litre. In Mumbai, petrol price remained at Rs 107.26 per litre.

GST council: Kerala to oppose move to bring petrol, diesel under GST regime

Kerala on Thursday said it will vehemently oppose any move to bring petrol and diesel under the GST regime as that will further reduce revenue generation for the state

India's September diesel consumption remain below pre-Covid levels

India's gasoil consumption slowed in the first half of September from the previous month, staying below pre-Covid levels as a pick-up in monsoon rains hit mobility

No revision in petrol, diesel prices on Monday, a day after price cut

The oil marketing companies have kept pump prices of auto fuels -- petrol and diesel -- unchanged on Monday, a day after reducing retail rates by 15 paise per litre

Petrol demand continues to rise in August but diesel lags, shows data

India's fuel demand recovery remained patchy in August as petrol consumption continued to rise but diesel sales fell, preliminary data from state fuel retailers showed on Wednesday

Coal India starts pilot project to replace diesel with LNG in dumpers

State-owned CIL said it has begun the process of retrofitting LNG kits in dumpers -- big trucks engaged in transportation of coal, a move that will help the PSU to save around Rs 500 crore annually

Fuel paradox: 6 more pvt players on cards, but price reins still with govt

Setting of retail prices, frequency with which they change and government increasing taxes when global prices are low all put a question mark on so-called market-linked pricing mechanism