Articles about Fuel Price Hike

Petrol, diesel prices drop sharply after Centre cuts excise duty

23 May 2022

Business
Petrol, diesel prices drop sharply after Centre cuts excise duty

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.

Domestic LPG cylinder price hiked by Rs. 50: Check rates

07 May 2022

Business
Domestic LPG cylinder price hiked by Rs. 50: Check rates

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

India wants Russian crude oil for less than $70/barrel: Report

04 May 2022

Business
India wants Russian crude oil for less than $70/barrel: Report

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.

Fuel price hike: Opposition-ruled states accuse Modi of 'step-motherly treatment'

28 Apr 2022

India
Fuel price hike: Opposition-ruled states accuse Modi of 'step-motherly treatment'

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

Fuel price hike: Modi asks opposition-ruled states to cut VAT

27 Apr 2022

India
Fuel price hike: Modi asks opposition-ruled states to cut VAT

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

Nestle to hike prices of Maggi, KitKat, Nescafe in India?

21 Apr 2022

Business
Nestle to hike prices of Maggi, KitKat, Nescafe in India?

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.

Fuel price hike: Delhi auto, taxi drivers launch 2-day strike

18 Apr 2022

India
Fuel price hike: Delhi auto, taxi drivers launch 2-day strike

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.

Uber hikes Delhi-NCR fares by 12% over rising fuel prices

12 Apr 2022

Business
Uber hikes Delhi-NCR fares by 12% over rising fuel prices

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

Petrol, diesel prices remain unchanged for 5th consecutive day

11 Apr 2022

Business
Petrol, diesel prices remain unchanged for 5th consecutive day

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

Petrol, diesel prices hiked again; CNG gets costlier in Delhi

06 Apr 2022

Business
Petrol, diesel prices hiked again; CNG gets costlier in Delhi

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

Fuel prices hiked again, 13th increase in 15 days

05 Apr 2022

Business
Fuel prices hiked again, 13th increase in 15 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.

Buying discounted oil from Russia in national interest: FM Sitharaman

02 Apr 2022

Business
Buying discounted oil from Russia in national interest: FM Sitharaman

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

Fuel prices hiked again; petrol tops Rs. 100/liter in Delhi

29 Mar 2022

India
Fuel prices hiked again; petrol tops Rs. 100/liter in Delhi

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

Petrol, diesel prices hiked for fourth time in 5 days

26 Mar 2022

Business
Petrol, diesel prices hiked for fourth time in 5 days

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, diesel prices hiked again for second consecutive day

23 Mar 2022

India
Petrol, diesel prices hiked again for second consecutive day

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

Diesel price for bulk customers hiked by Rs 25/liter

20 Mar 2022

Business
Diesel price for bulk customers hiked by Rs 25/liter

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 considering buying oil from Russia at discounted prices

16 Mar 2022

Business
India considering buying oil from Russia at discounted prices

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

US fuel prices hit record highs, still cheaper than India

11 Mar 2022

Business
US fuel prices hit record highs, still cheaper than India

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

Petrol, diesel prices may be hiked by Rs. 15/liter

08 Mar 2022

India
Petrol, diesel prices may be hiked by Rs. 15/liter

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.

Petrol, diesel prices likely to rise soon, courtesy Russia-Ukraine crisis

06 Mar 2022

Business
Petrol, diesel prices likely to rise soon, courtesy Russia-Ukraine crisis

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.

Commercial LPG prices hiked by Rs. 100; check latest rates

01 Dec 2021

Business
Commercial LPG prices hiked by Rs. 100; check latest rates

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

Petrol prices in Delhi cut by Rs. 8 per liter

01 Dec 2021

India
Petrol prices in Delhi cut by Rs. 8 per liter

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

Petrol, diesel prices remain unchanged for 10th straight day

14 Nov 2021

Business
Petrol, diesel prices remain unchanged for 10th straight day

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

Petrol, diesel prices dip as more states cut VAT

05 Nov 2021

Business
Petrol, diesel prices dip as more states cut VAT

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).

9 BJP-ruled states cut petrol, diesel rates further

04 Nov 2021

Business
9 BJP-ruled states cut petrol, diesel rates further

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

Petrol, diesel made cheaper before Diwali; excise duty slashed

03 Nov 2021

Business
Petrol, diesel made cheaper before Diwali; excise duty slashed

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

MoS Petroleum says fuel price hiked to provide free vaccines

11 Oct 2021

Politics
MoS Petroleum says fuel price hiked to provide free vaccines

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.

Fuel price hike: Petrol crosses Rs. 110/liter in Mumbai

10 Oct 2021

India
Fuel price hike: Petrol crosses Rs. 110/liter in Mumbai

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

LPG price hiked by Rs. 15; check latest rates here

06 Oct 2021

India
LPG price hiked by Rs. 15; check latest rates here

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

Fresh hike: Diesel at record high, petrol nears all-time high

30 Sep 2021

Business
Fresh hike: Diesel at record high, petrol nears all-time high

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.

Fuel prices see another hike as crude rises above $80/barrel

28 Sep 2021

Business
Fuel prices see another hike as crude rises above $80/barrel

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 hiked, no change in petrol rate

24 Sep 2021

Business
Diesel price hiked, no change in petrol rate

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.

Petroleum Minister explains why petrol prices are not coming down

23 Sep 2021

Politics
Petroleum Minister explains why petrol prices are not coming down

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.

LPG cylinder price hiked by Rs. 25 again. Check rates

01 Sep 2021

India
LPG cylinder price hiked by Rs. 25 again. Check rates

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

'Want cheaper petrol? Go to Taliban-ruled Afghanistan,' says BJP leader

20 Aug 2021

Politics
'Want cheaper petrol? Go to Taliban-ruled Afghanistan,' says BJP leader

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 cut by 20 paise, petrol unchanged

19 Aug 2021

Business
Diesel price cut by 20 paise, petrol unchanged

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

LPG cylinder price hiked by Rs. 25. Check rates here

18 Aug 2021

Business
LPG cylinder price hiked by Rs. 25. Check rates here

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

No proposal to cut petrol prices in state: Karnataka CM

17 Aug 2021

Politics
No proposal to cut petrol prices in state: Karnataka CM

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.

No excise cut on fuel; Sitharaman blames UPA-era oil bonds

16 Aug 2021

Business
No excise cut on fuel; Sitharaman blames UPA-era oil bonds

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

Congress protests against rising inflation, fuel prices in Jaipur

17 Jul 2021

Politics
Congress protests against rising inflation, fuel prices in Jaipur

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.

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