Fuel Prices

Inflation to edge higher; May CPI likely around 4.6-4.7%: Report

According to Dun & Bradstreet, rising fuel prices in India, which touched an all-time high, is likely to feed in to other segments and keep the rate of inflation higher.

May 18, 2018, 18:14 PM IST

Riding a cycle, Rahul Gandhi protests fuel price surge

Rising prices of petrol and diesel has given ammunition to opposition parties - including Congress - to attack the Centre with.

May 07, 2018, 17:06 PM IST

25th GST Council meeting today: Fuel prices, real estate on key agenda

The GST Council is also likely to give nod to rationalisation of rates on over 60-70 items.

Jan 18, 2018, 10:41 AM IST

Relief from soaring fuel prices in offing? Jaitley to hold key GST meet on Thursday

The rally in oil prices has renewed calls to the government to cut excise duty to cushion burden on common man.

Jan 17, 2018, 17:17 PM IST

Fuel prices have started going down: Dharmendra Pradhan

He cited the hurricanes in the United States IMRA and Harvey as a reason for the instability in the petroleum market and the hike in fuel prices.

Sep 23, 2017, 12:38 PM IST

Fuel prices may come down by Diwali: Dharmendra Pradhan

The comments come amid criticism by opposition parties of a sharp rise in oil prices after the daily rate revision mechanism was introduced by the government recently.

Sep 19, 2017, 10:49 AM IST

CEA Arvind Subramanian meets PM Modi to brief on economy

According to sources, the CEA also discussed the present inflationary situation in the country.

Sep 15, 2017, 15:25 PM IST

Oil Minister rules out intervention on daily fuel price revision, says reform will continue

He however remained non-committal on cutting taxes to soften the blow of relentless rise in prices since July 3, the government need to finance huge infrastructure and social projects has to be balanced with consumer needs.

Sep 13, 2017, 19:18 PM IST

Petrol, diesel price on 2nd May 2017: Check out the revised rates here

Under the dynamic pricing scheme, petrol and diesel prices will be revised on a daily basis in sync with global crude oil prices.

Jul 02, 2017, 11:33 AM IST

CPI inflation seen at 4.8% in FY18, fears exaggerated: Report

Since December 2016, WPI inflation is more than CPI inflation, the report said, adding this trend is expected to continue till the fourth quarter of this fiscal.

Apr 18, 2017, 13:56 PM IST

Wholesale inflation spikes to 5.25% in January, fuel prices rise

Wholesale inflation spikes to 5.25% in January, fuel prices rise. Watch the full segment for more details.

Feb 14, 2017, 21:12 PM IST

Petrol, diesel prices likely to be hiked by up to Rs 7 per litre as global crude prices soar

With oil prices at the international market hitting $55 a barrel, oil companies in India are likely to hike the prices of petrol and diesel on Thursday.

Dec 15, 2016, 10:03 AM IST

Oil glut to last until mid-2017 unless OPEC cuts output: IEA

A massive oil glut may weigh on world markets deep into next year unless the OPEC producer cartel makes good on its promise to cut output, the International Energy Agency (IEA) said today.

Oct 11, 2016, 17:48 PM IST

Diesel price cut: Know the new rates in major Indian cities

Prices of non-branded Diesel in major cities 

Jul 31, 2016, 19:48 PM IST

Petrol price cut: Know the new rates in major Indian cities

Petrol price was on Sunday cut by Rs 1.42 a litre, the third reduction in rates this month on global cues.

Jul 31, 2016, 19:37 PM IST

Petrol price cut by 89 paise a litre, diesel cheaper by 49 paise

Petrol prices have been cut by 89 paise per litre, while diesel prices slashed by 49 paise per litre 

Jun 30, 2016, 22:03 PM IST

Airfares to be cheaper? Govt to ask airlines to pass on benefits of low fuel prices to passengers

Civil Aviation Minister Ashok Gajapati Raju, however, said the government will not dictate on air ticket rates.

Jan 31, 2016, 19:35 PM IST

Petrol, diesel prices may be slashed today

The oil marketing companies had revised the prices on August 15. Petrol was made cheaper by Rs 1.27 and diesel by Rs 1.17 per litre in the NCR.

Aug 31, 2015, 12:48 PM IST

Petrol prices cut by 31 paise, diesel 71 paise

The cut in petrol prices comes on back of three successive increases since May, while this is the second reduction in diesel rates this month.

Jun 30, 2015, 20:55 PM IST

Petrol prices slashed by 31 paise, diesel by 71 paise; effective midnight

Petrol price on Tuesday was cut by 31 paise a litre, and diesel price by 71 paise a litre, effective midnight tonight.

Jun 30, 2015, 20:18 PM IST