fuel price hike

fuel price hike News

How first cut in fuel prices in a year could strain finances

On top of the excise duty cut, which will cost the exchequer Rs 21,000 crore in a full year, the government has asked oil marketing companies to share a burden of Re 1 per litre of fuel, which will result in under-recoveries.

After holding firm, government cuts fuel rates; markets crash as rupee weakens

The Finance Minister said the situation has arisen because of international crude prices even as domestic parameters remain strong. The decision to cut, he said, was taken after a meeting with Petroleum Minister Dharmendra Pradhan.

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Rs 15/litre diesel price hike burns a big hole in farmers’ pockets

But it may give a boost for S-SMS/Happy Seeder technology adoption to prevent paddy straw burning

Fuel price hike: Petrol at Rs 81.91/litre in Delhi, nears Rs 90/litre mark in Mumbai today

The price for petrol rose by Rs 0.28/litre both in Delhi and Mumbai, Whereas, diesel increased by Rs 0.18/litre and Rs 0.19/litre in Delhi and Mumbai respectively.

Centre will come up with action plan to rein in fuel prices soon, says Amit Shah

Blaming US' trade war with China and tensions with oil-producing countries for the spiraling petrol and diesel prices and the depreciation of the rupee, Amit Shah said both the government and the BJP were concerned about the developments.

Fuel price hike: Petrol at Rs 81.63/litre in Delhi, Rs 89.01/litre in Mumbai today

Fuel price hike: Diesel prices, on the other hand, increased by Rs 0.24 per litre (Rs 73.54 per litre) in the national capital and by Rs 0.25 per litre (Rs 78.07) in the financial capital.

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Fuel price hike: Petrol at Rs 81.28/litre in Delhi, Rs 88.67/litre in Mumbai today

Fuel price hike: Diesel prices, on the other hand, increased by Rs 0.22 per litre (Rs 73.30 per litre) in the national capital and by Rs 0.24 per litre (Rs 77.82) in the financial capital.

Piyush Goyal requests all state governments to cut VAT on fuel

Goyal said that taxes of Central government mostly have specific rates, and thus when fuel price rises the Centre does not get an additional share but that goes to the state governments.

Congress, BJP equally responsible for rising fuel prices, says Mayawati

Mayawati said the BJP was following the same “wrong economic policy” which the Congress-led UPA II government executed.

PIL in Delhi High Court against rising fuel prices

The plea by Puja Mahajan, a resident of the national capital, sought directions to the central government to treat petrol and diesel as "essential commodities" and fix a "fair price" for the petroleum products.

fuel price hike Photos

Today in pics: Budget Session begins amid protest over price rise

The protest was against hike in rail fares, food prices and other essential commodities.

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