fuel price hike

Bharat Bandh on September 10: NCP, DMK and SP extend support to Congress

Congress has called Bharat Bandh on Sep 10 against fuel price hike and the rapid decline in Rupee. 

Sep 07, 2018, 22:22 PM IST

Congress calls for Bharat Bandh against fuel price hike on Sept 10 to 'awaken' Centre

Congress has also urged other opposition parties to join the September 10 protest.

Sep 06, 2018, 19:06 PM IST

Petrol, diesel prices at new high; government hopes it is temporary

With petrol and diesel prices going up by almost a rupee per litre within a fortnight, the government on Wednesday hoped that the rally in global rates was temporary and would decline soon.

Aug 29, 2018, 20:04 PM IST

In four days, petrol prices cut by 23 paise, diesel prices reduced by 20 paise

In Delhi, petrol now costs Rs 78.20 a litre and diesel costs Rs 69.11 per litre.

Jun 02, 2018, 12:57 PM IST

After fuel price hike, now LPG cylinders to be costlier from today

The hike comes amid heat over the rising petrol prices across the country. 

Jun 01, 2018, 10:32 AM IST

Petrol, diesel prices to come down in Kerala as the state government slashes excise tax

Fuel revenue is is the third-largest grosser for the Kerala's coffers.

May 30, 2018, 13:42 PM IST

Petrol and diesel prices hiked yet again

With the latest hike, petrol price touched Rs 78.43 per litre in Delhi and Rs 86.24 per litre in Mumbai.

May 29, 2018, 07:46 AM IST

States have capacity and must cut duty on petrol: NITI

The rising crude prices in the international market prompted state-owned oil companies to raise domestic prices for 11th day in a row.

May 24, 2018, 16:39 PM IST

Government may levy windfall oil tax on ONGC to soften fuel prices

The tax, which may come in form of a cess, will kick in the moment oil prices cross USD 70 per barrel, sources privy to the development said.

May 24, 2018, 13:22 PM IST

Petrol price crosses Rs 85 in Mumbai, no relief in sight

This is the eleventh straight day of price increase since oil PSUs on May 14 resumed daily price revision after a 19-day pre-Karnataka poll hiatus.

May 24, 2018, 10:16 AM IST

Govt working on long-term solution to fuel prices: Ravi Shankar Prasad

The BJP-led government had in June last year junked a 15-year old practice of revising rates every fortnight and introduced daily revisions which worked well except periods immediately preceding an election.

May 23, 2018, 18:00 PM IST

Govt should review taxes on petrol, diesel: HPCL chairman

One trigger after another has led to the 10th consecutive day of increase in retail selling price of petrol and diesel, but there is no case for going back on benchmarking domestic rates against international prices, he said.

May 23, 2018, 15:26 PM IST

ONGC, OIL face risk of subsidy sharing: Moody's

ONGC and OIL, it said, have not contributed to fuel subsidies since June 2015, but have in previous years paid for over 40 per cent of the country's annual subsidy bill.

May 22, 2018, 17:44 PM IST

Steps to deal with rising petrol, diesel prices likely this week

The government may not rely only on cutting excise duty, which makes up for a fourth of the retail selling price, the official said but did not elaborate.

May 22, 2018, 17:03 PM IST

Increase in fuel prices due to reduced production of oil in OPEC, solution soon: Union Petroleum Minister Dharmendra Pradhan

Petrol prices on Sunday touched a record high of Rs 76.24 per litre and diesel climbed to its highest-ever level of Rs 67.57 as the oil PSUs passed on four weeks of relentless rise in international oil prices to consumers.

May 20, 2018, 22:50 PM IST

Govt concerned about petrol, diesel price pinch, says Pradhan

Asked if his ministry has sought a reduction in excise duty, he said working "piecemeal" will not help.

Apr 27, 2018, 13:31 PM IST

Oil companies say no directive from govt to defer price hike

This time around Indian Oil Corp (IOC), Hindustan Petroleum Corp Ltd (HPCL) and Bharat Petroleum Corp Ltd (BPCL) have reportedly been asked to absorb up to Re 1 a litre hike.

Apr 12, 2018, 11:18 AM IST

Government asks OMCs to absorb fuel price hike; shares slump: Report

Government has reportedly asked the OMCs to absorb Re 1 per litre price hike of petrol and diesel.

Apr 11, 2018, 17:19 PM IST

Petrol, diesel should be under GST ambit, ball in Finance Ministry court: Dharmendra Pradhan

Minister of Petroleum and Natural Gas Dharmendra Pradhan on Thursday reiterated that his ministry wants petrol and diesel to be brought under the domain of Goods and Services Tax (GST). Speaking to Zee media about petrol price reaching 4-year high and diesel touching all-time high, Pradhan blamed the increase in crude oil price.

Apr 05, 2018, 18:02 PM IST

Rahul Gandhi trolls PM Modi over fuel price hike, with a video featuring Salman Khan

The latest ammunition for Congress president Rahul Gandhi to target Prime Minister Narendra Modi is the hike in petrol and diesel prices. Taking to Twitter, the Congress chief attacked PM Modi, saying the poor and the middle class “bear the brunt of rising fuel prices”.

Apr 04, 2018, 16:37 PM IST