Fuel Price Hike: News
#FinancialBytes: 5 best credit cards for fuel purchases in India
Fuel expenses are a constant struggle and with the rising fuel prices, many are now looking for ways to save on fuel purchases.
Good news! Subsidized LPG cylinder price slashed by Rs. 5.91
For the second time in a month, the price of subsidized domestic cooking gas or LPG has been reduced on account of tax impact on the reduced market rate of the fuel. Subsidized LPG price was slashed by Rs. 5.91/cylinder.
I will never accept violence: Macron says after Paris protests
French President Emmanuel Macron yesterday denounced protesters against him as chaos seekers, as the growing demonstrations first triggered by planned fuel price hikes turned violent.
Petrol price reduced by 20p, diesel cheaper by 18p
Petrol price was cut by 20 paise a liter and diesel by 18 paise on Sunday, the 29th straight daily reduction in fuel rates.
Saudi Minister calls for 1mn bpd global oil output cut
Following a drop in crude prices, oil producing countries should cut output by one million barrels per day (bpd) to re-balance the market, Saudi Arabia's energy minister Khalid al-Falih told at an energy conference in Abu Dhabi today.
Delhi: Kejriwal blames BJP as 400 petrol-pumps remain shut today
As 400-odd petrol pumps and CNG dispensing units in the national capital remained shut on Monday in protest against the Delhi government's refusal to reduce VAT on fuels, Chief Minister Arvind Kejriwal accused BJP of "threatening" petrol pump owners to go on strike against the AAP dispensation.
Fuel prices cut; petrol cheaper by 25p, diesel by 17p
Petrol and diesel prices were cut for the fourth straight day Sunday on softening international oil prices, providing some relief to consumers battered by two months of relentless rate hikes.
WPI inflation rises to 5.13% in September, courtesy fuel-price hike
Inflation based on wholesale prices rose to a two-month high of 5.13% in September, mainly due to the hardening of food prices and the rise in fuel prices.
Fuel prices rise again, no sign of slowing down
It's been months since fuel prices started climbing, and even now, climbing fuel prices show no signs of slowing down.
Amid slowing demand, car-makers are giving massive discounts
With spiralling fuel and insurance costs, and wealth destruction in stock market crashes, this festive season hasn't been a joyous one so far for car manufacturers.
Bihar: Nitish Kumar hints at reducing taxes on petrol, diesel
Bihar CM Nitish Kumar today said that state was looking forward to reducing taxes on petroleum products, following the Center's decision to slash excise duty on the same a day earlier.
Maharashtra announces additional cut of Rs. 2.5/liter on fuel prices
The Maharashtra government today announced a reduction in prices of petrol and diesel by Rs. 2.50 per liter, which will give consumers in the state a relief to the tune of Rs. 5 a liter.
#FuelsOnFire: Petrol price at record high, breaches Rs. 91/liter mark
Petrol price today crossed the Rs. 91-mark in Mumbai while domestic cooking gas, LPG rates breached Rs. 500-level for the first time ever as oil, at a four-year high, pushed fuel prices to new all-time high across the country.
Fuel prices soar; here's how much petrol, diesel cost today
The already high fuel prices have shot up again, with petrol touching Rs. 82.86/liter in Delhi and Rs. 90.22 in Mumbai, on Tuesday.
#ReliefForKarnataka: Kumaraswamy cuts petrol, diesel prices by Rs. 2/liter
Karnataka Chief Minister HD Kumaraswamy today announced the JD(S)-Congress government's decision to cut petrol and diesel prices by Rs. 2/liter.
BJP posts graph on "truth of petrol hike", gets trolled
Who doesn't know about BJP's version of 'truth' that's often based on assumptions, and not facts?
Petrol, diesel prices hiked again. Here are revised fuel rates
Petrol and diesel prices set new records today as they continued their upward march on fall in rupee and surge in global crude oil rates.
#FuelWoes: Petrol crosses Rs. 80/liter in Delhi, diesel Rs. 72.51/liter
Continuing the race upwards, fuel prices have seen a hike for the third consecutive day.
Chidambaram blames NDA govt for rise in fuel prices
Senior Congress leader P Chidambaram today blamed the NDA government for the rise in petrol and diesel prices, saying it was happening due to excessive taxes.
Rupee's dramatic fall hits petrol, diesel prices hard
Petrol and diesel prices in the country touched their highest levels today mainly due to dramatic fall in the Rupee and a sharp rise in crude oil rates.
Petrol prices reach record high: Rs. 86.25/liter in Mumbai
Over the past few months, petrol and diesel prices have consistently soared and, on Monday, prices touched a new high.
Diesel hits record-high of Rs. 69.46/liter; petrol touches Rs. 78/liter
Diesel prices today hit a record high of Rs. 69.46/liter while petrol inched towards Rs. 78/liter mark after a fall in Rupee made imports costlier.
Karnataka budget: Congress might ask Kumaraswamy to lower fuel prices
Karnataka CM HD Kumaraswamy's decision to increase fuel prices in Karnataka's budget seems to have irked not just the common man, but coalition partner Congress as well.
Petrol, diesel prices hiked for first time after a month
Petrol and diesel prices were today hiked for the first time in more than a month on the back of rising international rates and weakening rupee.
Petrol and diesel to come under GST: Details here
You may soon have to pay both Goods and Services Tax (GST) levied by the Central government and Value Added Tax (VAT) levied by state governments on the purchase of petrol and diesel, as the government is considering to include fuel under a combination of GST and VAT.
Lakhs of trucks go off roads, food prices might increase
About 90L trucks are expected to go off the roads in India today as owners and operators began an indefinite strike, said Channa Reddy, president of the All India Confederation of Goods Vehicle Owners' Associations.
Fuel price hike: Working towards a 'long-term' solution, claims Javadekar
After facing massive flak on the rising fuel prices, HRD Minister Prakash Javadekar has recently claimed that the Centre is working for a 'long-term' fix.
On rising fuel prices, Smriti Irani passes responsibility to states
Union Textile Minister Smriti Irani said states should bring fuel prices under GST framework to curtail exorbitant rates of petrol and diesel.
Business Roundup: Here are today's top 6 business news
Hola, ready to ride on your business express? Here we go.
If the government's plan works, fuel-prices could drop by Rs.4-5
After two weeks of fuel prices rising every day, hope is on the anvil. The Center is planning to reduce prices by Rs. 4-5 through a multi-pronged strategy, HT reports.
Business Roundup: Here are today's top 5 business news
Today the business space remained rocked up with a lot of happenings.
Amid rising fuel prices, Congress member wants bullock cart
Taking a funny dig at the BJP, Uttar Pradesh Congress MLC Deepak Singh has written to the principal secretary of the Vidhan Parishad seeking an entry pass for a bullock cart so that he could attend meetings, without spending a fortune on fuel.
Fuel prices rise for 10th day, government assures "long-term" measure
Even as petrol/diesel prices increased for the 10th day, the government again assured relief, with Law Minister Ravi Shankar Prasad batting for a "long-term" solution instead of an "ad hoc measure."
Amid widespread criticism, government assures solution to rising fuel prices
The Center is facing flak from all sides even as fuel prices, which have been rising continuously since the Karnataka elections, touched new highs.
LPG cylinders get cheaper by up to Rs. 47
From today, prices of LPG cylinders, both subsidized and non-subsidized, will go down in Delhi, Mumbai, Kolkata and Chennai.
Rajasthan Congress organizes 'LPG funeral' to protest rising prices
The Congress in Rajasthan is angry over rising prices, but it is creative too.
Fuel prices touch record highs across India
Petrol prices in Delhi touched a three-year high yesterday, with every liter costing Rs. 71.56. The previous record was Rs. 73.60 in July'14.
WPI inflation touches 8-month high of 3.93%
The Wholesale Price Index (WPI) inflation rose to an eight-month high of 3.93% this November on the back of rising food and fuel prices.
LPG costlier by Rs 1.50/cylinder, jet fuel price by 6%
October's LPG and aviation turbine fuel (ATF) price revision saw both products getting costlier.