Page 15 - Petrol

Soaring pump prices pose threat to India's recovery and inflation

Fuel costs have been ratcheted up to current levels by the combined effects of rising benchmark Brent prices and numerous tax hikes over the past few years.

Petrol up 35p/ltr for 2nd straight day in Delhi, nears Rs 100 in Chennai

Petrol price increased by 35 paise per litre for the second day in a row in the national capital to Rs take it to Rs 98.46 a litre.

Petrol crosses Rs 100 in Tamil Nadu after steep hike in fuel rates

Petrol price soared past Rs 100-a-litre mark in Tamil Nadu after fuel prices were hiked again on Saturday. Petrol and diesel prices were hiked by 35 paise per litre each - the steepest in recent times, according to a price notification of state-owned fuel retailers. The increase took rates across the country to fresh highs with Tamil Nadu becoming the latest state to see petrol cross Rs 100-a- litre mark. In Delhi, petrol hit an all-time high of Rs 98.11 a litre, while diesel is now priced at Rs 88.65 per litre. Fuel prices differ from state to state depending on the incidence of local taxes such as value-added tax (VAT) and freight charges. While petrol had crossed Rs 100-a-litre mark in Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana, Karnataka, Jammu and Kashmir, Odisha, and Ladakh, several towns in Tamil Nadu including Salem, Vellore and Cuddalore saw that level after the steep price hike. In Chennai, petrol is priced at Rs 99.19 a litre while diesel comes f

Petrol nears Rs 99-a-litre mark in Chennai after rates hiked again

This comes as international oil rates firm up

Trade unions protest against fuel price hike, stop vehicles in Kerala

Trade unions on Monday organised a protest in Kerala against the Central government over rising prices of fuel

Petrol crosses Rs 97 in Delhi, diesel nears Rs 88 after another price hike

Petrol price in the national capital crossed Rs 97 a litre and diesel neared Rs 88 after fuel prices were raised yet again. Petrol price was hiked by 29 paise per litre and diesel by 28 paise, according to a price notification of state-owned fuel retailers. The hike -- 27th in seven weeks -- pushed fuel prices across the country to new historic highs. In Delhi, petrol hit an all-time high of Rs 97.22 a litre, while diesel is now priced at Rs 87.97 per litre. Fuel prices differ from state to state depending on the incidence of local taxes such as VAT and freight charges. And because of this, petrol retails at over Rs 100 per litre mark in eight states and union territories -- Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana, Karnataka, Jammu and Kashmir and Ladakh. Among the metros, petrol is already above Rs 100 in Mumbai, Hyderabad and Bengaluru. In Mumbai, petrol now costs Rs 103.36 a litre and diesel comes for Rs 95.44. Sri Ganganagar district of Rajasthan n

Petrol crosses Rs 100 in Bengaluru - third metro after Mumbai, Hyderabad

Bengaluru on Friday became the third metro city in the country to see petrol price cross Rs 100 per litre mark after fuel prices were raised yet again. Petrol price was hiked by 27 paise per litre and diesel by 28 paise, according to a price notification of state-owned fuel retailers. The hike -- 26th in less than seven weeks -- pushed fuel prices across the country to new historic highs. In Delhi, petrol hit an all-time high of Rs 96.93 a litre, while diesel is now priced at Rs 87.69 per litre. Fuel prices differ from state to state depending on the incidence of local taxes such as VAT and freight charges. And because of this, petrol retails at over Rs 100 per litre mark in eight states and union territories -- Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana, Karnataka, Jammu and Kashmir and Ladakh. While several districts of Karnataka already had petrol price over Rs 100, state capital Bengaluru reached the mark on Friday. Petrol in the city is now priced at

Higher-fuel prices: Oil Minister says Congress-ruled states must cut taxes

With petrol and diesel prices climbing to record high, Oil Minister Dharmendra Pradhan asked Cong governments to cut sales tax but did not say if BJP-ruled states would do the same.

Diesel at Rs 100 mark in Rajasthan; Karnataka sees Rs 100/ltr petrol

Diesel price on Saturday breached the Rs 100 per litre mark in Rajasthan after yet another increase in fuel rates, which also led to Karnataka becoming the 7th state to record Rs 100 a litre petrol

After petrol, diesel nears Rs 100-mark in Rajasthan after another hike

The hike on Monday was the 21st increase in prices since May 4

Petrol crosses Rs 95 a litre in Delhi, above Rs 100 mark in six states

Petrol price on Sunday crossed Rs 95 a litre in Delhi and diesel breached Rs 86 per litre mark for the first time ever as fuel prices were hiked again. Petrol price was increased by 21 paise per litre and diesel 20 paise a litre, according to a price notification of state-owned fuel retailers. The hike - 20th since May 4 - took fuel prices across the country to a historic high. Petrol is now above Rs 100 per litre mark in six states and union territories - Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana and Ladakh. In Delhi, petrol hit an all-time high of Rs 95.09 a litre, while diesel is now priced at Rs 86.01 per litre. Fuel prices differ from state to state depending on the incidence of local taxes such as VAT and freight charges. Retail prices have risen after an increase in international oil prices on investors' optimism that improving demand and a dwindling supply glut may mean the market can absorb any additional production from OPEC and its allies. Brent

Petrol prices cross Rs 95/litre in Delhi, Rs 101/litre in Mumbai

Petrol and diesel prices increased across the four metros on Sunday, with petrol price in the national capital crossing the Rs 95-per-litre mark.

India advances 20% ethanol-blending in petrol by 5 years to 2025: Modi

Prime Minister Narendra Modi on Saturday said the target date for achieving 20 per cent ethanol-blending with petrol has been advanced by 5 years to 2025 to cut pollution and reduce import dependence

Petrol crosses Rs 100/litre mark in Leh, Andhra Pradesh, Telangana

After Rajasthan, Madhya Pradesh and Maharashtra, petrol price has crossed the Rs 100 per litre mark in Leh, in nearly all districts of Andhra Pradesh and parts of Telangana

Petrol now costs almost twice as much in Mumbai than New York

Indian fuel prices have soared in the past year as Prime Minister Narendra Modi's administration has repeatedly raised sales taxes

India's fuel demand plunges in May amid Covid-19 lockdowns, show data

Daily petrol sales in May fell by about 19% from April while diesel consumption, which is linked to industrial activity and accounts for over two-fifths of India's fuel demand, fell by 19.9%

Fuel prices continue northward march; petrol and diesel again get costlier

After hitting new highs a day earlier, fuel prices rose once again. Petrol rates crossed Rs 100 a litre mark in several cities across the country

Diesel crosses Rs 84 mark in Delhi, petrol nears Rs 100 in Mumbai

Diesel price in the national capital on Sunday crossed Rs 84 mark while petrol rate in Mumbai neared Rs 100 a litre after fuel prices were raised again. Petrol price was increased by 17 paise per litre and diesel by 29 paise a litre, according to a price notification of state-owned fuel retailers. The hike - 12th this month - pushed petrol and diesel prices to an all-time high across the country. In Delhi, petrol rates climbed to Rs 93.21 a litre and diesel rose to Rs 84.07. Rates had already crossed the Rs 100-mark in several cities in Rajasthan, Madhya Pradesh and Maharashtra and with the latest increase, the price in Mumbai too was inching towards that level. A litre of petrol in Mumbai now comes for Rs 99.49 and diesel is priced at Rs 91.30 per litre. Fuel prices differ from state to state depending on the incidence of local taxes such as VAT and freight charges. Rajasthan levies the highest value-added tax (VAT) on petrol in the country, followed by Madhya Pradesh and ...

Wholesale inflation soars to 10.49% in April on higher fuel prices

Prices of primary articles were up 10.16% in April from -1.08 per cent a year ago; little scope for rate cuts, say experts

Petrol price continue to soar above Rs 100 in Madhya Pradesh, Rajasthan

In Rajasthan's Sri Ganganagar, petrol price stood at Rs 103.27 per litre while diesel stood at Rs 95.70 per litre