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Page 8 - Diesel

Sri Lanka's economic activity grinds to a halt as fuel supplies run dry

Amidst fuel crisis in Sri Lanka, the government declared Friday a holiday for public offices and schools to curtail vehicular movement, leaving many roads in and around the capital Colombo deserted

Sri Lanka's economic activity grinds to a halt as fuel supplies run dry
Updated On : 17 Jun 2022 | 11:45 AM IST

ATF prices hiked by 16%, touch new record, as global crude prices soar

The price of aviation turbine fuel (ATF) -- the fuel that helps aeroplanes fly -- has been increased by Rs 19,757.13 per kilolitre, or 16.26%, to Rs 1,41,232.87 per kl (Rs 141.2 per litre) in Delhi

ATF prices hiked by 16%, touch new record, as global crude prices soar
Updated On : 16 Jun 2022 | 5:21 PM IST

Production of petrol, diesel sufficient to take care of demand surge: Govt

Sufficient supplies of petrol and diesel are being made available to cater to the extra demand, says Ministry of Petroleum & Natural Gas

Production of petrol, diesel sufficient to take care of demand surge: Govt
Updated On : 15 Jun 2022 | 6:09 PM IST

India's petrol, diesel sales jump in first fortnight of June

Diesel, the most-used fuel in the country, saw sales jumping 47.8 per cent year-on-year to 3.4 million tonnes between June 1-14.

India's petrol, diesel sales jump in first fortnight of June
Updated On : 15 Jun 2022 | 4:03 PM IST

The math goes all wrong for fuel retailers despite sustained oil price hike

Demand destruction led by Covid-19 and the EV push, cutback in retail prices could end up making the business of running fuel stations unviable

The math goes all wrong for fuel retailers despite sustained oil price hike
Updated On : 02 Jun 2022 | 9:41 AM IST

Punjab: Opp parties demand cut in VAT on fuel as govt slashes excise duty

The opposition parties on Sunday demanded from the AAP government in Punjab to reduce VAT on fuel after the Union government slashed excise duty on petrol and diesel to give relief to consumers

Punjab: Opp parties demand cut in VAT on fuel as govt slashes excise duty
Updated On : 22 May 2022 | 10:54 PM IST

Kerala, Maharashtra, Raj reduce VAT on fuel after Centre cuts excise duty

Maharashtra, Rajasthan, Kerala have decreased VAT on petrol and diesel after Finance Minister Nirmala Sitharaman's call to provide further relief to consumers following a cut in excise duty by Centre

Kerala, Maharashtra, Raj reduce VAT on fuel after Centre cuts excise duty
Updated On : 22 May 2022 | 7:01 PM IST

Maharashtra reduces VAT on petrol by Rs 2.08/ltr, diesel by Rs 1.44/ltr

A day after the Centre reduced excise duty on fuel, the Shiv Sena-led Maharashtra government on Sunday slashed the VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. A statement issued by the government said the state exchequer will have to bear an annual loss of Rs 2,500 crore as a result of this decision. After reducing the VAT on petrol and diesel, the per month revenue from petrol will reduce by Rs 80 crore, while that from diesel by Rs 125 crore. The central government on Saturday announced a record Rs 8 per litre cut in excise duty on petrol and Rs 6 reduction on diesel.

Maharashtra reduces VAT on petrol by Rs 2.08/ltr, diesel by Rs 1.44/ltr
Updated On : 22 May 2022 | 6:41 PM IST

Navankur Infranergy starts mobile fuel station for doorstep diesel delivery

'Booster Diesel' will meet the demand for diesel by various end-users at their doorstep, according to a release

Navankur Infranergy starts mobile fuel station for doorstep diesel delivery
Updated On : 09 May 2022 | 9:14 PM IST

India sends one more consignment of 40,000 MT of diesel to Sri Lanka

India on Thursday said it has delivered one more consignment of 40,000 MT of diesel to Sri Lanka under the Indian credit line to help ease the acute power crisis in the island nation.

India sends one more consignment of 40,000 MT of diesel to Sri Lanka
Updated On : 22 Apr 2022 | 12:38 AM IST

India's fuel sales fall in April first half after record rise in prices

Petrol sales fell almost 10 per cent in the first half of April when compared with the same period in the preceding month, while diesel demand slid 15.6 per cent

India's fuel sales fall in April first half after record rise in prices
Updated On : 16 Apr 2022 | 3:52 PM IST

How the Congress was served a free hit and it missed the ball completely

The free hit opportunity is inflation because retail inflation is in its third consecutive month above the RBI's upper comfort limit of 6%.

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Updated On : 15 Apr 2022 | 9:29 AM IST

Petrol, diesel prices hiked by 80 paise; total rise at Rs 9.20 per litre

This is the 13th increase in prices since the ending of a four-and-half-month long hiatus in rate revision on March 22.

Petrol, diesel prices hiked by 80 paise; total rise at Rs 9.20 per litre
Updated On : 05 Apr 2022 | 11:53 PM IST

Petrol, diesel prices hiked by 40 paise; total increase now at Rs 8.40

Petrol in Delhi will now cost Rs 103.81 per litre as against Rs 103.41 previously

Petrol, diesel prices hiked by 40 paise; total increase now at Rs 8.40
Updated On : 05 Apr 2022 | 1:28 AM IST

Small, frequent spikes in fuel prices to dent consumption, challenge growth

Freight rates on grand trunk routes have shot up 3-4 per cent month-on-month in the past few days, according to the Indian Foundation of Transport Research & Training (IFTRT)

Small, frequent spikes in fuel prices to dent consumption, challenge growth
Updated On : 04 Apr 2022 | 1:28 AM IST

Petrol, diesel rates up by 80 paise per litre again, 11th hike in 13 days

Petrol is now selling at Rs 103.41 per litre in Delhi and diesel is trading at Rs 94.67 per litre.

Petrol, diesel rates up by 80 paise per litre again, 11th hike in 13 days
Updated On : 04 Apr 2022 | 12:35 AM IST

Petrol, diesel rates up by 80 paise; total increase in 12 days at Rs 7.20

Petrol and diesel prices were on Saturday hiked by 80 paise a litre each, taking the total increase in rates in the last 12 days to Rs 7.20 per litre. Petrol in Delhi will now cost Rs 102.61 per litre as against Rs 101.81 previously, while diesel rates have gone up from Rs 93.07 per litre to Rs 93.87, according to a price notification of state fuel retailers. Rates have been increased across the country and vary from state to state depending upon the incidence of local taxation. This is the 10th increase in prices since the ending of a four-and-half-month long hiatus in rate revision on March 22. In all, petrol prices have gone up by Rs 7.20 per litre.

Petrol, diesel rates up by 80 paise; total increase in 12 days at Rs 7.20
Updated On : 02 Apr 2022 | 6:59 AM IST

Petrol, diesel prices can rise by Rs 12, LPG by Rs 280 a cylinder: Nomura

Besides the petrol, diesel and LPG prices, compounding the woes for manufacturers and consumers alike is the sharp hike in prices of natural gas starting April 1 for a period of six months

Petrol, diesel prices can rise by Rs 12, LPG by Rs 280 a cylinder: Nomura
Updated On : 01 Apr 2022 | 11:30 AM IST

Petrol, diesel prices up by 80 paise; total increase now stands at Rs 6.40

This is the ninth increase in prices since the ending of a four-and-half-month long hiatus in rate revision on March 22.

Petrol, diesel prices up by 80 paise; total increase now stands at Rs 6.40
Updated On : 01 Apr 2022 | 1:30 AM IST

Creeping rise in fuel prices set to stoke inflation further: Transporters

Freight rates on grand trunk routes have already shot up by an average 3%-4% month-on-month in the last few days, according to Indian Foundation of Transport Research & Training

Creeping rise in fuel prices set to stoke inflation further: Transporters
Updated On : 31 Mar 2022 | 7:18 PM IST