While the petrol price rose by 33 paisa a litre in Delhi, diesel price went up by 26 paisa, as per price notification issued by state-owned oil firms.
As soon as Karnataka elected a new state government, state-owned Indian Oil Corp. Ltd, Hindustan Petroleum Corp. Ltd (HPCL) and Bharat Petroleum Corp. Ltd (BPCL) on Monday ended a 19-day break on hiking petrol and diesel prices and switched to the practice of changing rates on a daily basis.
In the other major cities of Kolkata, Mumbai and Chennai also petrol was priced at multi-year highs on Thursday -- Rs 78.01, Rs 83.16 and Rs 78.16 per litre, respectively.
Donald Trump said on Monday a decision on whether to remain in the Iran nuclear deal or to impose sanctions would be announced at 2:00 p.m. EDT (1800 GMT) on Tuesday, four days earlier than expected.
As many as 110 bids had been received, the Directorate General of Hydrocarbon (DGH) tweeted.
The assistance will be paid directly into the accounts of farmers on behalf of mills that haven’t been able to pay the Centre’s fair and average price (FRP) for cane.
Ahead of elections in Karnataka, the Union government on Wednesday decided to directly pay sugarcane farmers about Rs 1,540 crore to clear less than a tenth of the outstanding that sugar mills owe to them.
The ECS said that cost escalations beyond 10% would be brought to the ministry for approval.
The decision would benefit jute farmers mainly in West Bengal, Assam and Bihar which account for 95 per cent of the country's jute production. The government in the Budget for 2018-19 had announced fixing MSPs at 1.5 times the cost of production for various crops.
While prices of petrol have been made market-determined since June 2010, diesel prices have been market-linked since October 2014.
Since Sunday, Delhi has become the first city in the country to leapfrog from Euro-IV grade petrol and diesel to Euro-VI, which just contains 10 parts per million (ppm) of sulphur as against 50 ppm in previous grade of fuel.
ICA referred to data available from market research firm IHS, China's National Bureau of Statistics and Vietnam General Statistics Office. According to data shared by ICA, India accounted for 11 per cent of global mobile production in 2017 compared to 3 per cent in 2014.
The country is expected to produce a record 23.95 million tonne in the current 2017-18 crop year (July-June), as against 23.13 million tonne last year mainly because of good rains and higher support prices.
While the increase in price will increase profitability of gas producers, a Care Ratings report notes that the move will increase the manufacturing cost of urea and petrochemicals.
The CBI also carried out raids at several places here after filing the FIR against the firm, and its promoters Tottempudi Salalith and his wife Tottempudi Kavita.
Various govt initiatives, aimed at fishing out yellow metal lying idle with households, have failed to achieve the desired results. The 22 tonnes mobilised under SGB scheme in last 3 years translates to just about 1% of India's physical demand in that period.
PM Modi also said that many people are spreading rumours regarding the minimum support price (MSP) and creating a gloomy atmosphere.
The move will benefit 8 million cotton growers, but will reduce the margin of domestic seed companies and also MMBL. The new prices will come into effect from the 2018 kharif season starting June.
After talks with Saudi Arabia's Energy Minister, Pradhan said the oil kingpin is also interested in partnering in the second phase of strategic oil reserves India plans to build shortly.
According to official documents, the Department of Geology & Mining has established presence of 102.7 million cubic metres of granite reserves in Manjigund, Shilkchay, Channingund, Bhimbat and Kharbu areas of Kargil district.