Tag: Diesel

Govt removes windfall tax on crude oil production, cuts for diesel

The Central government has slashed windfall tax on crude oil production to zero from Rs 3,500 rupees per tonne, which became effective from today, according to an official notification.

April 5, 2023

Punjab hikes petrol, diesel price by 90 paise, approves Electric Vehicle Policy

A decision to this effect was taken by the Council of Ministers in a meeting chaired by Chief Minister Bhagwant Mann today.

February 3, 2023

Govt slashes windfall tax on crude oil, hikes on export of ATF, diesel

The central has slashed the windfall tax on crude oil from Rs 11,000 to Rs 9,500 per tonne. This change will be applied from November 2 according to an official notification released by the Ministry of Finance.  

November 2, 2022

Reduction in petrol, diesel prices aimed at HP, Gujarat assembly polls: Cong

The Modi government seems to be feeling the effects of price rise in the country which has made the lives of the common man worse over the last three months.

May 22, 2022

Kerala govt announces tax cut on petrol by Rs 2.41, diesel by Rs 1.36

Following a reduction of fuel prices by the Centre, the Kerala government on Saturday announced a cut in tax on the prices of petrol and diesel by Rs 2.41 and Rs 1.36 respectively.

May 22, 2022

Rajasthan govt reduces VAT on petrol by Rs 2.48, diesel by Rs 1.16

Making the announcement in tweets, Finance Minister Sitharman said that the move will have a revenue implication of around Rs 1 lakh crore per year.

May 22, 2022

Diesel set to rise above Rs 200/litre for the first time in Pak

If the leadership chooses to increase the price, the per-litre diesel cost will jump to Rs 204.69.

April 14, 2022

The man who predicted crude oil $120 in 2020 when crude was at $30 alltime low

In 2020, during the COVID outbreak, the event suddenly draws Crude & Brent oil prices. The crude oil (WTI) starts falling from $65/barrel to $19/barrel.

March 30, 2022

Petrol, diesel prices hiked for second day in row

Till Tuesday, fuel prices were steady since early November when the Centre reduced excise duty on petrol and diesel by Rs 5 and Rs 10 per litre, respectively.

March 23, 2022

Petrol, diesel prices increased after over 4 months, LPG hiked by Rs 50

Accordingly, the increase in selling price, which includes state levies, central excise and cess amongst other factors, came days after an astronomical rise in crude oil prices due to the Russia-Ukraine war.

March 22, 2022

Diesel, petrol prices steady since past two months

Across the country as well, the price of the fuel remained unchanged on Wednesday, but the retail rates varied depending on the level of local level taxes.

January 5, 2022

Diesel, petrol prices remain unchanged

Notably, fuel prices have been steady for the past one-and-a-half months.

December 21, 2021

Fuel prices hold for a week despite firm global oil rates

In the financial capital Mumbai, petrol continued to be priced at Rs 109.98 a litre and diesel Rs 94.14 a litre.

November 11, 2021

Petrol, diesel price cut due to BJP debacle in polls: NC

Calling the reduction a "knee jerk reaction" to the losses in by-poll elections, Imran said the measure won't provide much relief to consumers,

November 5, 2021

Petrol, diesel rates raised again by 35 paise/ltr

Petrol and diesel prices increased again on Wednesday after a two-day break as global oil prices failed to relent and continued to remain firm.

October 27, 2021

Relief for consumers as fuel rates unchanged for 2nd day

With no change in the prices, the pump price of petrol in Delhi stood at Rs 107.59 a litre, while diesel rates also remained at Sunday's level of Rs 96.32 a litre, according to a price notification of state-owned fuel retailers.

October 26, 2021

Petrol, diesel prices increased for 5th consecutive day

Petrol and diesel prices witnessed a hike for the fifth consecutive day across the country on Sunday.

October 24, 2021