Articles about Fuel Price Hike

Fuel prices saw considerable change after Finance Minister Nirmala Sitharaman's Saturday announcement of an excise cut of Rs. 8/liter on petrol and Rs. 6/liter on diesel.

The price of the 14.2kg liquefied petroleum gas (LPG) cylinder has been hiked by Rs. 50 with effect from Saturday.

In the light of extremely harsh Western economic sanctions against Russia for its invasion of Ukraine, India is reportedly persuading Moscow to provide further discounts on crude oil.

Opposition-ruled states reacted strongly on Thursday to Prime Minister Narendra Modi's remarks criticizing them for rising fuel prices.

Prime Minister Narendra Modi on Wednesday invoked "national interest" as he urged opposition-ruled states to lower the value-added tax (VAT) on fuel.

FMCG giant Nestle India said on Thursday the cost of key raw and packaging materials was seeing 10-year highs and continued to surge this quarter, impacting its profit from operations.

Auto rickshaw and taxi drivers' associations in Delhi have called for a two-day strike—starting from Monday—to protest against the rising fuel prices in the country.

Cab hailing service Uber increased its fares in Delhi-NCR (National Capital Region) by 12% on Monday amid a fuel price hike.

The general public can breathe a sigh of relief as fuel prices in India remained unchanged for the fifth consecutive day on Monday.

Fuel prices were raised again by 80 paise/liter on Wednesday, the 14th such increase in 16 days.

State-owned fuel retailers on Tuesday raised the price of petrol and diesel by 80 paise, the 13th increase in the last 15 days.

India has started procuring discounted crude oil from Russia despite concerns by the US, the Centre has confirmed.

Petrol and diesel prices have once again been hiked by 80 paise and 70 paise per liter, respectively, on Tuesday.

Petrol and diesel prices were raised by 80 paise/liter on Saturday, the fourth increase in five days, as oil companies passed on the increase in raw material costs to consumers.

Petrol and diesel prices were hiked again by 80 paise per liter for the second consecutive day on Wednesday.

The price of diesel sold to bulk users has been raised by about Rs 25 per liter to reflect a nearly 40% increase in international oil rates, news agency PTI has reported.

India is mulling to accept a Russian offer to purchase its crude oil and other commodities at discounted prices, Reuters reported.

Fuel costs in the United States are at an all-time high, yet they are still far cheaper compared to India.

Petrol and diesel prices are likely to be hiked this week as oil marketing companies are preparing to pare losses accumulated from keeping rates steady for over four months.

India's petrol and diesel prices are likely to rise by Rs. 15-22 per liter soon in wake of the Russia-Ukraine conflict and rising demand, Business Standard reported.

The price of liquefied petroleum gas (LPG) cylinders for commercial usage was hiked again on Wednesday.

The Delhi government on Wednesday decided to slash Value-Added Tax (VAT) on petrol from 30% to 19.4%.

The rates of petrol and diesel remained unchanged for the tenth straight day on Sunday after touching record highs earlier this month.

Petrol and diesel prices in several cities across the country saw a sharp decline on Friday after more states announced cuts to the Value-Added Tax (VAT).

Several states have announced additional relaxations for prices in petrol and diesel shortly after the Centre cut excise duty on fuel.

The central government on Wednesday announced a reduction in the excise duty on petrol and diesel.

Amid soaring fuel prices in the country, Minister of State for Petroleum and Natural Gas Rameswar Teli on Monday said that fuel prices are rising due to free COVID-19 vaccines.

Petrol and diesel prices across the country soared to a record high on Sunday after the rates were hiked for the sixth consecutive day.

The prices of Liquefied Petroleum Gas (LPG) cylinders were hiked by Rs. 15 per cylinder on Wednesday.

Petrol and diesel prices on Thursday neared record levels across the country after rates were hiked by 25 paise and 30 paise a liter respectively.

Petrol price on Tuesday was hiked by 20 paise per liter and diesel by 25 paise as international oil prices crossed the $80 per barrel mark for the first time in three years.

Diesel price on Friday was hiked by 20 paise per liter - the first increase in rates in over two months - as international oil prices neared their highest since 2018.

Petrol prices in the country are not coming down as the states do not want to bring fuel under the ambit of the GST, Petroleum Minister Hardeep Singh Puri said.

Prices of Liquefied Petroleum Gas (LPG) cylinders have been increased once again, with effect from today (September 1).

A Bharatiya Janata Party (BJP) leader has sparked controversy after telling a journalist to "go to Taliban" for being questioned over rising fuel prices.

Diesel price on Thursday was cut by 20 paise per liter - the second straight day of reduction, but petrol rates remained unchanged.

Prices of non-subsidized Liquefied Petroleum Gas (LPG) cylinders have been increased with effect from Tuesday, August 17.

Karnataka Chief Minister Basavaraj Bommai on Tuesday said that there was no proposal before the government to cut petrol prices in the state on the lines of neighboring Tamil Nadu.

Finance Minister Nirmala Sitharaman on Monday blamed the former Congress-led United Progressive Alliance government for the soaring fuel prices.

The ruling Congress on Saturday took out a protest march against inflation in Jaipur where they demanded the central government to curb price rise and withdraw the hike in fuel rates.