Fuel Price Hike

Indian Consumers Face Post-Election Fuel Price Shock, Economy Could Be Hit

Reuters | Monday April 29, 2019

Surging global oil prices will pose a first big challenge to India's new government, whoever wins an election now under way, especially as domestic prices have been allowed to lag, meaning consumers are in for a painful surge as they catch up.

Diesel Price Witnesses A Marginal Surge

CarAndBike Team | Sunday January 27, 2019

In January, the retail price of diesel in Delhi has witnessed a hike of Rs. 3.85 per litre and petrol retail price has gone up by Rs. 2.97 per litre.

Fuel Prices Hiked For The 6th Time In 2019

carandbike Team (with inputs from ANI) | Monday January 14, 2019

Petrol prices in Kolkata stood at Rs. 75.77 per litre, Rs. 72.79 per litre in Chennai while diesel prices stood at Rs. 65.95 per litre, Rs. 67.78 per litre respectively.

Fuel Prices Hiked 6 Times So Far This Year, Petrol Rate In Delhi Crosses Rs 70/Litre

Business | NDTV Profit Team | Monday January 14, 2019

The upwards price revision comes on the back of a recovery in crude oil prices in anticipation of tightening supply ahead, say analysts.

Fuel Prices Hiked In Delhi After A Series Of Reduction

CarAndBike Team | Monday January 7, 2019

In the last three months of 2018 there have been a series of reduction in retail prices of petrol and diesel. However, prices have been marginally increased right at the start of 2019 after being at their respective lowest on December 31, 2018. The retail price of diesel in the capital has been increased by 8 Paise to Rs. 62.24 from Rs. 62.16 and t...

Fuel Prices Rise In Karnataka As State Government Hikes Taxes By 2 Per Cent

IANS | Sunday January 6, 2019

The Karnataka coalition government increased the state tax on petrol and diesel by 2 per cent with effect from January 1, said an official statement on Saturday. "As the fuel prices declined after fall in crude oil rates in the overseas market since November, the state tax has been revised 2 per cent to 32 per cent on petrol and to 21 per cent on d...

France Scraps Fuel Price Hikes After Weeks Of Protests, Calls For Calm

World News | Agence France-Presse | Thursday December 6, 2018

The French government, under pressure from weeks of "yellow vest" protests over rising living costs, has scrapped all planned fuel tax hikes for 2019 and appealed for calm.

Strike By Petrol Pumps, Taxi Unions Add To Commuters' Troubles In Delhi

Delhi News | Press Trust of India | Monday October 22, 2018

Protests by various taxi unions, contractual transport employees and the closing of petrol pumps, all against the Delhi government's refusal to cut tax on fuel added to the troubles of commuters on Monday.

Delhi Petrol Pumps To Stay Shut On October 22-23 Over Value Added Tax

Delhi News | Indo-Asian News Service | Thursday October 18, 2018

Petrol and diesel dealers in the national capital are in the grip of a crisis following the recent excise duty cuts made by the Centre and many states leading to losses here ranging 20-30 per cent, the Delhi Petrol Dealers Association (DPDA) said on Wednesday.

Fuel Prices Hike Again, Petrol At Rs. 82.72 In Delhi

ANI | Sunday October 14, 2018

Fuel prices continue to burn holes in the pocket of common people, showing no sign of relief in the coming days.

PM Modi Meets Arun Jaitley, Dharmendra Pradhan On Fuel

India News | Indo-Asian News Service | Saturday October 13, 2018

Amid rising fuel prices despite an excise cut on petrol and diesel last week, Prime Minister Narendra Modi held a review meeting with Finance Minister Arun Jailtey and Petroleum Minister Dharmendra Pradhan in Delhi on Friday.

Fuel Price Cut By Oil Firms One-Time Move: Official

India News | Indo-Asian News Service | Thursday October 11, 2018

The petrol and diesel price cuts made earlier this month by state-run oil marketing companies was a "one-time measure", and the government has no intention of reversing the deregulation of the oil market, a Finance Ministry official said here on Thursday.

As 10 States Follow Centre In Slashing Fuel Prices, Kerala Refuses

Kerala News | Indo-Asian News Service | Thursday October 4, 2018

Kerala Finance Minister Thomas Isaac on Thursday refused to cut Value Added Tax (VAT) by Rs 2.50 on petrol and diesel, after the Centre's announcement. He added that there would be tax cuts in Kerala, only if fuel prices are brought down to the level when the Narendra Modi government assumed office in May 2014.

BJP Diverting Attention From Fuel Prices, Falling Rupee: Congress

India News | Press Trust of India | Thursday October 4, 2018

Senior Congress leader Mallikarjun Kharge today accused the Narendra Modi-led government of trying to polarise the society to deflect attention from issues such as the sliding rupee and spike in fuel prices.

Maharashtra Government Cuts Petrol, Diesel Prices By Rs 2.50

India News | Press Trust of India | Thursday October 4, 2018

The Maharashtra government Thursday announced a reduction in prices of petrol and diesel by Rs 2.50 per litre, giving consumers in the state relief to the tune of Rs 5 a litre.