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Page 21 - Fuel Prices

Higher nominal GDP may give Centre a leeway to cut duty on petrol, diesel

Former RBI governor C Rangarajan believes it would be 13 per cent, though his projection came before the war

Higher nominal GDP may give Centre a leeway to cut duty on petrol, diesel
Updated On : 03 Mar 2022 | 6:10 AM IST

Will take to streets if fuel prices hiked after assembly elections: Cong

Congress leader Alka Lamba said on the first day of March, milk prices have been raised by Rs 2 each and this has come as a jolt for children and women

Will take to streets if fuel prices hiked after assembly elections: Cong
Updated On : 01 Mar 2022 | 6:09 PM IST

Oil shock: Economy will suffer, but less reason to worry than in the past

The fear now is that consumers will take longer to come out of their shell, growth will moderate and full recovery from the effects of the pandemic will be stretched out even longer, writes T N Ninan

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Updated On : 25 Feb 2022 | 11:21 PM IST

Biden, Saudi king discuss energy supplies, West Asia in telephone call

Global crude prices, which have rallied about 20% this year, are likely to surpass $100 a barrel.

Biden, Saudi king discuss energy supplies, West Asia in telephone call
Updated On : 10 Feb 2022 | 8:20 AM IST

Fuel prices come under pressure as Brent crude climbs to $92 a barrel

While India has been reaching out to oil producing nations to raise crude oil and temper the runaway prices, but these efforts have largely been unfruitful

Fuel prices come under pressure as Brent crude climbs to $92 a barrel
Updated On : 04 Feb 2022 | 11:04 PM IST

Oil cos likely to absorb Rs 2 per litre excise duty on unblended petrol

Since there is inconsistency in ethanol blending levels across fuel depots, pricing petrol for consumers with the Rs 2 variation on some days is tricky

Oil cos likely to absorb Rs 2 per litre excise duty on unblended petrol
Updated On : 01 Feb 2022 | 10:57 PM IST

Aviation turbine fuel price hiked by 8.5%, touches all-time high

ATF price was hiked by Rs 6,743.25 per kilolitre or 8.5 per cent to Rs 86,038.16 per kl in the national capital, according to a price notification of state-owned fuel retailers

Aviation turbine fuel price hiked by 8.5%, touches all-time high
Updated On : 01 Feb 2022 | 12:20 PM IST

Budget 2022 should boost consumption via tax breaks, fuel tax cuts: Report

In a pre-budget report, India Ratings said it expects the new budget to consolidate and strengthen the plan set out in the last budget

Budget 2022 should boost consumption via tax breaks, fuel tax cuts: Report
Updated On : 31 Jan 2022 | 12:51 PM IST

Oil prices rebound as growing geopolitical tensions fuel supply fears

Oil prices reached seven-year highs last week, bolstered by tight worldwide supply and resurgent global demand.

Oil prices rebound as growing geopolitical tensions fuel supply fears
Updated On : 25 Jan 2022 | 1:58 PM IST

Oil price tops $87/bbl but petrol, diesel prices stay unchanged

International oil prices jumped to the highest level since 2014, topping USD 87 a barrel but domestic petrol and diesel prices remained unchanged for the 74th day in a row

Oil price tops $87/bbl but petrol, diesel prices stay unchanged
Updated On : 18 Jan 2022 | 5:16 PM IST

Kazakhstan government resigns after violent protests over fuel price

Kazakh President Kassym-Jomart Tokayev accepted the government's resignation on Wednesday, his office said, after a fuel price increase

Kazakhstan government resigns after violent protests over fuel price
Updated On : 05 Jan 2022 | 11:07 AM IST

Jharkhand to give subsidy of Rs 25/ltr on fuel prices to BPL families

The Jharkhand government announced a subsidy of Rs 25 per litre on petrol and diesel prices for people living below the poverty line in the state.

Jharkhand to give subsidy of Rs 25/ltr on fuel prices to BPL families
Updated On : 30 Dec 2021 | 6:47 AM IST

Fuel prices unchanged since Nov 3; petrol selling at Rs 95.41 in Delhi

Oil marketing companies have kept the prices of diesel and petrol unchanged across major Indian cities since November 3, when the Centre and some states reduced duties on them.

Fuel prices unchanged since Nov 3; petrol selling at Rs 95.41 in Delhi
Updated On : 24 Dec 2021 | 10:31 AM IST

Fuel rates remain unchanged on Thursday; petrol in Mumbai at Rs 109.98

Oil marketing companies on Thursday kept the prices of diesel and petrol unchanged across major Indian cities.

Fuel rates remain unchanged on Thursday; petrol in Mumbai at Rs 109.98
Updated On : 23 Dec 2021 | 12:21 PM IST

Fuel prices in Lanka hiked; govt says talks on with India for LoC

Sri Lanka's state oil entity and the Indian Oil Corporation's local subsidiary have raised the prices of petrol and diesel amidst a severe foreign exchange crisis in the country

Fuel prices in Lanka hiked; govt says talks on with India for LoC
Updated On : 21 Dec 2021 | 1:06 PM IST

Fuel prices remain unchanged on Tuesday; petrol in Mumbai at Rs 109.98

Oil marketing companies kept the prices of diesel and petrol unchanged across major Indian cities on Tuesday.

Fuel prices remain unchanged on Tuesday; petrol in Mumbai at Rs 109.98
Updated On : 21 Dec 2021 | 10:53 AM IST

OMCs keep diesel, petrol prices steady across major Indian cities on Friday

Oil marketing companies have kept the prices of diesel and petrol unchanged across major Indian cities on Friday.

OMCs keep diesel, petrol prices steady across major Indian cities on Friday
Updated On : 17 Dec 2021 | 10:10 AM IST

India's Dec 1-15 gasoil sales rise as industries crank up, data shows

Gasoil sales by the country's state fuel retailers were 2.87 million tonnes during Dec. 1-15, the data compiled by state-owned refiners showed

India's Dec 1-15 gasoil sales rise as industries crank up, data shows
Updated On : 16 Dec 2021 | 12:22 PM IST

OMCs leave diesel, petrol prices unchanged across metros on Thursday

Diesel and petrol prices in Delhi stood at Rs 86.67 per litre and Rs 95.41 per litre, respectively.

OMCs leave diesel, petrol prices unchanged across metros on Thursday
Updated On : 16 Dec 2021 | 10:06 AM IST

OMCs keep fuel prices unchanged across major Indian cities on Wednesday

The diesel and petrol rates in Delhi stood at Rs 86.67 per litre and Rs 95.41 per litre, respectively.

OMCs keep fuel prices unchanged across major Indian cities on Wednesday
Updated On : 15 Dec 2021 | 10:35 AM IST