Tag: fuel prices
17 Results
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Petrol prices continue to soar across India, diesel prices unchanged
High crude oil prices and a falling rupee have added to the cost of transportation fuel since August 1.
September 22, 2018 -
Backfoot play?
No hartal or bandh is ever “complete”. That lesson used to be drummed into young journalists years ago when a premium was placed on accuracy in reportage. There was always a strong element of the subjective to any assessment of such protests. That reality has not changed: hence opinion will be divided if Monday’s action …
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September 12, 2018 -
Wrong to blame OPEC for soaring fuel prices: Yashwant Sinha
"This is the first time in over four years that this government is facing a minor problem on the economic front. But they are unable to handle the crisis and coming out with all sorts of justifications," said Sinha.
September 11, 2018 -
‘Bharat Bandh’ gets mixed response in Punjab, Haryana, Himachal
The bandh was called against the continuous rise in petrol and diesel prices and the drop in rupee’s value against the US Dollar.
September 11, 2018 -
Fuel prices up for 4th day, petrol at Rs 76.13 per litre in Delhi
Fuel prices across the four metro cities rose for the fourth straight day on Sunday caused by hardening of crude rates. due to resumption of US sanctions on Iran, after they had been declining for over a month.
July 8, 2018 -
Fuel prices have receded for a month, but at half the rate of surge
In Mumbai and Chennai, price of the fuel declined by Rs 2.30 and 2.06 per litre respectively while they had risen by Rs 3.36 and Rs 3.42 a litre.
July 6, 2018 -
Fuel prices again rise, petrol at Rs 75.85 in Delhi
In the national capital, diesel was sold at Rs 67.66 per litre, up from Rs 67.50 on Thursday.
July 6, 2018 -
Fuel prices rise after declining Rs 2-3 in over a month
In the national capital, petrol was sold at Rs 75.71 per litre, up from Rs 75.55 on Wednesday, data on the Indian Oil Corp's website showed.
July 5, 2018 -
‘Govt working on policy to bring down fuel prices’
Patra is in Shimla as a part of the BJP’s ongoing campaign from 27 May to 30 June to take the performance of the Modi government to the masses on completion of four years of rule.
June 9, 2018 -
Nitin Gadkari advocates bringing fuel under GST
He, however, said it was his personal opinion, and the ultimate decision regarding this remained with the Petroleum Ministry
May 25, 2018 -
Bring petrol, diesel under GST ambit: Congress
Making a scathing attack on the BJP-led Central government, the Congress on Tuesday questioned the constant rise in petrol and diesel prices, and demanded they be brought under the Goods and Services Tax (GST) ambit. It also asked the Central government to immediately reduce the central excise duty on petroleum products and demanded that the …
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May 22, 2018 -
The petroleum chimera
Stung by the Opposition attack on the rising prices of petrol and diesel despite a drastic fall in global crude prices since 2014, the Finance Ministry has eventually reduced the Basic Excise Duty on these fuels by Rs 2 a litre with effect from 4 October. The states have been urged to cut their levies …
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October 27, 2017 -
Are fuel prices high to pay for interest on bullet train loan: Shiv Sena
The Shiv Sena today again attacked the Centre over fuel price hikes and asked if rates had been kept high despite a slump in global crude oil prices to pay for interest on the loan taken from Japan for the bullet train project. Two days ago, the Sena, a constituent of the ruling NDA at …
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September 20, 2017 -
Link fuel prices to international market: AAP
The AAP on Wednesday urged Petroleum and Natural Gas Minister Dharmendra Pradhan to direct oil companies to link petrol and diesel prices to the international market and pass on the “huge profits” being made by them to the public. The Delhi Minister Gopal Rai said in a memorandum to Pradhan that “the mandate of the …
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September 20, 2017 -
Market pricing regime in fuels distorted by taxes: Assocham
Calling for a cut in the cess on transport fuels, industry chamber Assocham said on Sunday that the consumer is getting restive about a three-year high in the petrol prices and feels the market pricing mechanism is being distorted by tax hikes on petrol and diesel. “Consumers are getting restive about a three year high …
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September 17, 2017 -
Union Minister Alphons courts controversy over fuel prices remark
Union Minister KJ Alphons courted controversy on Saturday when he said that people who own vehicles are not starving and can afford to pay higher prices for fuel. His comments come at a time when fuel prices are at a three-year high even after international crude prices being reportedly low. “We are going to tax …
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September 16, 2017 -
Oil prices fall on OPEC compliance concerns
Oil prices fell on Monday as investors were concerned that major oil exporters' output cut deal may not be effective enough. The West Texas Intermediate for September Delivery lost $0.19 to settle at $49.39 a barrel on the New York Mercantile Exchange, while Brent crude for October delivery erased $0.05 to close at $52.37 a …
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August 8, 2017