Petrol in India is cheaper than in countries like Hong Kong, Germany and the UK but costlier than in China, Brazil, Japan, the US, Russia, Pakistan & Sri Lanka, a BOB Economics Research report showed
The board of directors of state-owned petroleum importer NOC decided to increase the price by 10 paise after which a litre of petrol would cost NPR 170
India's target to have 20% ethanol blended in petrol will have to bring more land under cultivation of raw material, and that may affect food security. Yet, emissions will not reduce drastically
Petrol now costs Rs 105.41 and diesel Rs 96.67 per litre in the national capital; the CNG price on Monday stood at Rs 71.61 per kg
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
The free hit opportunity is inflation because retail inflation is in its third consecutive month above the RBI's upper comfort limit of 6%.
PM Narendra Modi has been trying to weaken the states since he came to power and is trying to fill government coffers by raising petrol prices, Telangana Minister TRS Working President K T Rama Rao
In Mumbai, the petrol and diesel prices per litre are at Rs 120.51, increasing by 84 paise & Rs 104.77, up 85 paise
This is the 13th increase in prices since the ending of a four-and-half-month long hiatus in rate revision on March 22.
With fuel prices being hiked multiple times over the last two weeks, the rate of petrol in Parbhani district in Maharashtra reached Rs 122.67 a litre on Tuesday
Petrol in Delhi will now cost Rs 103.81 per litre as against Rs 103.41 previously
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)
Petrol is now selling at Rs 103.41 per litre in Delhi and diesel is trading at Rs 94.67 per litre.
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.
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
This is the ninth increase in prices since the ending of a four-and-half-month long hiatus in rate revision on March 22.
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
The rates of petrol and diesel in Delhi increased by 80 paise a litre, while in Mumbai, fuel became costlier by 84 paise on Thursday
Petrol and diesel prices were on Wednesday hiked by 80 paise a litre each, taking the total increase in rates in the last nine days to Rs 5.60 per litre.
Petrol price on Tuesday crossed Rs 100 a litre mark after rates were hiked by 80 paise a litre and 70 paise in case of diesel, taking the total increase in rates in one week to Rs 4.80 per litre. Petrol in Delhi will now cost Rs 100.21 per litre as against Rs 99.41 previously while diesel rates have gone up from Rs 90.77 per litre to Rs 91.47, 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 seventh increase in prices since the ending of a four-and-half-month long hiatus in rate revision on March 22. On the first four occasions, prices were increased by 80 paise a litre - the steepest single-day rise since the daily price revision was introduced in June 2017. On the following days, petrol price went up by 50 paise and 30 paise a litre while diesel rose by 55 paise and 35 paise a litre. In all, petrol and diesel prices have gone up by Rs 4.8