Page 16 - Fuel Prices

Petrol prices up again; rise by Rs 4.80 per litre in eight days

In Chennai too, they were increased. Petrol there now costs Rs 105.94 and diesel Rs 96 per litre

Petrol price hiked 30 paise, diesel up 35 paise; sixth increase in 7 days

Petrol price on Monday was hiked by 30 paise a litre and diesel by 35 paise, taking the total increase in rates in the last one week to Rs 4-4.10 per litre

Discussion on Ukraine war, rising fuel prices in Lok Sabha next week

While the Ukraine crisis will be discussed this week, the issue of rising prices will come up next week, a member of parliament (MP)

Oppn demands rollback of fuel price hike; seeks PM's statement

The Opposition on Monday demanded a rollback in the hike in prices of fuel and cooking gas and sought a statement from Prime Minister Narendra Modi on the floor of the House over the issue.

Reduce VAT on fuel instead of making 'The Kashmir Files' tax-free: Cong MLA

Alemao cited the example of then CM Parrikar, who in 2012, had reduced the state government's value-added tax on petrol and diesel to almost zero percent, in order to reduce fuel prices at the time

Petrol, diesel rates up by 80 paise per litre again, fourth hike in 5 days

Petrol is selling in the national capital at Rs 98.61 per litre while diesel is trading at Rs 89.87 per litre

Oil prices up due to Russia-Ukraine war: Nitin Gadkari on fuel rates hike

Nitin Gadkari justified the hikes in fuel prices, thrice in the last four days, saying the oil prices had gone up within the international market owing to the ongoing Russia-Ukraine war

EU leaders to discuss ways to bring energy prices down: Belgium PM

Belgium's PM that European leaders would discuss measures to reduce the impact of high energy prices on consumers as the war in Ukraine was "ruining" the EU's population

Top headlines: RBI reviews payment firms; US recovery helps India exports

The RBI has decided to review the business models of payment aggregators in view of a spate of frauds hitting customers.

Petrol, diesel prices hiked by 80 paise, third increase in four days

In Mumbai, the rate of petrol increased by 84 paise today, selling at Rs 112.51 per litre

PNG price increased by Rs 1, a day after petrol, diesel and LPG rates hiked

The move will affect more than 72 lakh domestic households.

Second hike in two days: Petrol, diesel prices dearer 85 paise each

Petrol and diesel are costliest in Mumbai at Rs 111.67 and Rs 95.85 a litre, respectively.

Markets are not fully pricing in fuel-led inflation yet, say analysts

Retail prices of petrol and diesel had been on a freeze since October 2021 when crude oil prices were hovering around $80 a barrel

Are the markets pricing in fuel-led inflation?

IT stocks helped benchmark indices rebound into positive zone yesterday. But, how will the markets behave over the next few days against the backdrop of the rise in fuel prices? Let's find out

Sonia Gandhi leads opposition protest in LS against rising fuel prices

The Congress president continued to sit in the House even after the Question Hour

Japan PM Kishida to consider new stimulus to ease fuel spike blow: Report

Nikkei newspaper reports the government will likely tap 5.5 trillion yen ($45.41 billion) in reserves set aside under the fiscal 2022 budget.

Petrol, diesel prices hiked by 80 paise a litre for second day in a row

Petrol and diesel prices on Wednesday were hiked by 80 paise a litre each for the second day in a row since the ending of an over four-and-half month hiatus in rate revision. Petrol in Delhi will now cost Rs 97.01 per litre as against Rs 96.21 previously while diesel rate has gone up from Rs 87.47 per litre to Rs 88.27, according to a price notification of state fuel retailers. A record 137-day hiatus in rate revision ended on March 22 with an 80 paise per litre increase in rates. Prices had been on a freeze since November 4 ahead of the assembly elections in states like Uttar Pradesh and Punjab - a period during which the cost of raw material (crude oil) soared by USD 30 per barrel. Oil companies are now recouping the losses. According to CRISIL Research, a hike of Rs 15-20 per litre is required to fully pass the increase in international oil prices. India is 85 per cent dependent on imports to meet its oil needs.

Petrol and diesel prices hiked for first time in over four months

Up 80 paise a litre; domestic gas cylinder now dearer by Rs 50

Will petrol, diesel price hike set OMC stocks on fire? What charts suggest

Except IOC, which managed to hold 200-DMA, other stocks are in no mood to conquer their respective hurdles yet, technical charts indicate

Disruptions return? Opposition walks out over fuel price hike

Members of the Congress, Trinamool Congress, Dravida Munnetra Kazhagam (DMK), Nationalist Congress Party (NCP), and Left parties raised slogans against the move