Mon, Feb 03, 2020
With international crude oil rates under pressure due to outbreak of coronavirus in China, fuel prices in India fell again on the fifth consecutive day on Monday. The price of petrol was cut by 6 paise and that of diesel by 5 paise across all major cities. The petrol now costs Rs 73.04 a litre in Delhi, Rs 78.69 a litre in Mumbai, Rs 75.71 a litre in Kolkata and Rs 75.89 a litre in Chennai after the price cut
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Tue, Nov 26, 2019
Petrol prices continued to rise for the fifth consecutive day on Tuesday, while diesel prices remained stable for the second consecutive day.
Thu, Nov 21, 2019
The petrol and diesel prices remained unchanged for the second day on Thursday as the crude oil prices eased after a rise in the past week.
Tue, Sep 17, 2019
Even as global oil prices skyrocket because of drone strike on Saudi facility, threatening to boost petrol and diesel prices globally, there is some relief on way!
Fri, Jul 05, 2019
Union Budget 2019: The government has proposed the slapping of special additional excise duty of Re 1/Litre and Infrastructure cess of Re 1/Litre on petrol and diesel. Finance Minister Nirmala Sitharaman during her speech in Parliament announced additional excise duty and Infrastructure cess of Re 1 per litre each on petrol and diesel.
Wed, May 29, 2019
Either be fuel allowance, car allowance, fuel expense reimbursements, fuel benefits they all have some sort of tax benefits.
Thu, May 23, 2019
A Morgan Stanley research note highlights that, retail fuel prices remained range-bound during elections, despite 5% rise in oil prices since April.
Wed, Apr 10, 2019
The state-run oil marketing companies will also jump to balance their books. Indications are that these companies might be keeping the prices artificially low at the behest of the government so as to prevent consumer outrage.
Wed, Jan 02, 2019
Speaking to reporters on the sidelines of an event here to hand over the 6 croreth free cooking gas (LPG) connection to poor households under the Ujjwala Yojana, Pradhan said the government is expanding the refinery capacity in the country which will bring down the prices of diesel and petrol further.
Fri, Dec 14, 2018
Guess what! This is what the largest lender State Bank of India is offering you FREE 5 litres of petrol. However, one needs to hurry up, as the SBI's free petrol offer will end tomorrow.
Tue, Dec 11, 2018
Oil prices, however, remained on shaky ground today after sliding by 3 percent the previous day, pressured by weakness in global stock markets. There were doubts that planned supply cuts led by producer club OPEC will be enough to rein in oversupply.
Mon, Nov 26, 2018
In other cities like Kolkata, Bangalore and Chennai, Petrol is priced at Rs 76.47, Rs 75.08 and Rs 77.32 respectively.
Sun, Oct 21, 2018
Petrol pump strike in Delhi on Monday: Petrol, diesel and even CNG will not be available tomorrow due to a strike called by dealers' association.
Fri, Oct 12, 2018
Prices of international crude oil has been on the boil ever since the start of 2018 and because India is very vulnerable to this commodity, the impact was heavy and caused fuel prices to jump to new heights.
Mon, Oct 08, 2018
Union road transport minister Nitin Gadkari Monday stressed on use of alternative sources of energy including bio ethanol amid rise in petroleum prices.
Fri, Oct 05, 2018
Apart from crude oil prices, it was VAT and excise duty which made it very difficult for OMCs to trim petrol, diesel prices.
The Jharkhand government Thursday reduced diesel price by Rs 2.50 per litre, an official release said here.
Uttarakhand Chief Minister Trivendra Singh Rawat told reporters here soon after Finance Minister Arun Jaitley announced the Rs 2.50 cut in prices of petrol and diesel.
Thu, Oct 04, 2018
Making this announcement in a press conference, Finance Minister Arun Jaitley said, "We are writing to the state government that as the central govt is cutting Rs 2.50 on both petrol & diesel, they do the same.
Tue, Oct 02, 2018
CNG is methane gas stored at high pressure and a form of fuel which is seen as alternative to gasoline (petrol), diesel and even propane/LPG.
Wed, Sep 26, 2018
OMCs like HPCL, IOCL and BPCL derive final retail price of petrol by undertaking an exercise involving international crude oil prices, state’s VAT and government’s excise duty.
Mon, Sep 24, 2018
On Friday, Petrol price crossed the Rs 90-mark in Mumbai as a dip in the value of rupee and rise in international oil prices pushed rates across the country to new all-time high.
Tue, Sep 18, 2018
Though the spike in fossil fuels is due to ‘global factors’, the truckers are of the opinion that domestic factors too are responsible for high fuel prices.
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