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Latest Articles in petrol price

Fuel Price Rise Trembling Logistic And E-Commerce Sector

The record-high fuel costs in these times have made e comm vendors and logistics players think about their margin while slicing other costs to oblige higher logistics to spend.

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Gasoline Demand Seen Hitting Record As COVID Curbs Ease

The stronger-than-expected gasoline consumption growth could prompt Indian refiners to import the fuel or boost gasoil exports in coming months. Indian refineries are traditionally configured to maximise production of diesel, where demand is still below pre-COVID levels, hurt by an uneven economic recovery.

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The Middle Classes Have Become Hollowed Out: Nobel Laureate Prof. Abhijit Banerjee

On an exceptionally clear afternoon in August, Manish Kumar Jha of BW Businessworld sought him out in the capital during a visit to India and picked his mind on the state of the Indian economy, India’s privatization programme and the need for centres of excellence in academia which is lacking in advance and cutting edge R&D. The discussion centered on the inflation--rise in prices of consumer products; a “realignment of the market” as it adjusts to the growing inequality among consumers. He advocated injecting more liquidity into the economy. He did not consider the Indian economy to be “unusually closed” in the perspective of the developed West or China. And let the “rupee slide” to promote Indian exports, among other things. Excerpts:

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FM Remains Non-committal On Excise Duty Cut On Petrol, Diesel; Oil Bonds By UPA Limit Scope

Sitharaman, who had raised excise duty on petrol and diesel to record high to shore up revenue collections last year, said the interest on oil bonds paid in the last seven years totalled Rs 70,195.72 crore.

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Show Big Heart, Slash Taxes On Fuel: Ajit Pawar Tells Centre

Pawar, who also holds the finance portfolio, said the Maha Vikas Aghadi (MVA) government has not increased state taxes on petrol and diesel after coming to power in November 2019.

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Petrol Nears Rs 100 In Delhi After Yet Another Price Hike

Petrol price rose to Rs 99.84 a litre in Kolkata. Rates are already above Rs 100 mark in other metros.

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Petrol, Diesel Price Rise Again; Petrol Above Rs 100-mark In Many Districts Of MP, Maha & Raj

Petrol price was hiked by 27 paise a litre and diesel by 30 paise per litre, according to a price notification by state-owned fuel retailers.

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Transporters' Body Terms 16p Cut In Petrol, Diesel Rates 'Ostentatious', Seeks More Reduction

AIMTC also said that in May 2014 when the international crude oil was USD 105 per barrel, the petrol price was Rs 71.41 and diesel price was Rs 56.71.

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Not Possible To Bring Petrol, Diesel Under GST For Next 8-10 Years: Sushil Modi

Centre and states collectively collect over Rs 5 lakh crore tax on petroleum products, Modi told the Rajya Sabha while participating in a discussion on the Finance Bill 2021.

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Diesel Sales Rise As Economic Activity Picks Up

Petrol sales rose 5.3% to 1.05 million tonnes in the same period from a year earlier, the data showed.

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Rahul Gandhi slams Centre over rising fuel prices

Rahul Gandhi slams Centre over rising fuel prices

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Petrol At Rs 97/litre In Mumbai, Diesel Crosses Rs 88-mark

Petrol price was hiked by record 39 paise per litre and diesel by 37 paise a litre, according to a price notification of state-owned fuel retailers.

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Delhi: Petrol Price Crosses Rs 90-Mark, Diesel At Rs 80.60 Per Litre

The price of liquefied petroleum gas cylinder (14.2 kg domestic cylinder) has also increased by Rs 50 per unit in Delhi on February 14, taking the cost of LPG gas to Rs 769 per cylinder.

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Petrol At Rs 89 In Delhi, Inches Towards Rs 100-Mark In Rajasthan

Central and state taxes make up for over 61 per cent of the retail selling price of petrol and about 56 per cent of diesel.

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BJD expresses concern over increasing fuel prices

BJD expresses concern over increasing fuel prices

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