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Latest Articles in petrol price
Petrol, Diesel Prices Hiked Again
The price of petrol in Delhi rose to its highest-ever level of ₹ 106.19 a litre and ₹ 112.11 per litre in Mumbai, according to a price notification of state-owned fuel retailers.
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Petrol, Diesel Prices Hiked By 35 Paise Again, Diesel Nears Rs 100-mark In Goa, Bengaluru
With this hike, petrol is now at Rs 100-a-litre mark or more in all state capitals, while diesel has touched the 100-level in a dozen states. Diesel is nearing Rs 100-a-litre mark in Goal and Bengaluru.
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Petrol, Diesel At All-Time High, Oil Cos Moderate Price Hikes To Cushion Consumers
Petrol price for the third straight day hiked by 25 paise a litre and diesel by 30 paise, according to a price notification of state-owned fuel retailers.
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Petrol, Diesel Soar To New Record Highs As Rates Hiked Again
Diesel rates too touched a record high of Rs 90.47 in Delhi and Rs 98.16 a litre in Mumbai. Prices differ from state to state depending on the incidence of local taxes.
Read MorePetrol Price Sees A Hike After Two Months; Diesel Continues To Surge
The last hike in petrol prices was on July 17. Diesel prices on the other hand saw a hike for the fourth consecutive day.
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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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