Steep fuel price hikes spark uproar in Parliament
2 years, 9 months ago

Steep fuel price hikes spark uproar in Parliament

The Hindu  

After a four and a half month freeze on fuel prices in the run up to five State Assembly elections, India’s oil marketing companies began recovering the higher crude oil costs that have prevailed in recent months on Tuesday, with an 80 paise increase per litre in retail prices for petrol and diesel, along with a ₹50 increase in domestic cooking gas prices. Inflation trigger Such hikes would undo the excise duty cuts announced by the government in early November 2021 and push retail prices past the ₹100 per litre mark for both fuels. If you ask the Prime Minister about the epidemic of inflation, he will say #Thaalibajao” Dipti Deshpande, principal economist at rating agency CRISIL said the pass-through of rising crude oil prices to domestic fuel prices is ‘inevitable and further hikes can also be expected’ with the impact expected to show up largely in the April inflation data. “Given that the price of crude oil has averaged ~$100 per barrel in the current quarter, a full passthrough would require a ₹9-12 per litre increase in the retail prices of petrol and diesel.

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History of this topic

BJP has no right to protest on fuel price hike, says Yathindra
6 months ago

BJP has no right to protest on fuel price hike, says Yathindra

The Hindu  

Yathindra Siddaramaiah, Congress MLC, has said the BJP has no moral right to protest against the recent hike in prices of fuel by the State government. “But, BJP has no moral right to protest against the hike in fuel prices,” he said. Shivakumar’s entry into the poll fray from Channapatna for the impending byelections, Mr. Yathindra said he was not …

Fuel Price to billboard law: Opposition intensifies stir against Karnataka government
6 months ago

Fuel Price to billboard law: Opposition intensifies stir against Karnataka government

Hindustan Times  

Karnataka has been gripped by protests led by the Opposition Bharatiya Janata Party, demanding a rollback of the recent fuel price hike. BJP Karnataka President BY Vijayendra along with other party workers and leaders during a protest against the state government over alleged fuel price hike in Bengaluru on Thursday. With pressure building on the government to address the funding …

Karnataka: BJP protests against hike in fuel price
6 months ago

Karnataka: BJP protests against hike in fuel price

New Indian Express  

BENGALURU: The Opposition BJP on Thursday staged protests across Karnataka against the recent fuel price hike in the state. In Bengaluru, BJP workers led by state party president BY Vijayendra took out a bicycle rally from the party office in Malleswaram to protest the hike. Several leaders, including Dr CN Ashwath Narayan, CT Ravi, and Chalavadi Narayana Swamy, took part …

Karnataka: BJP to protest till government rolls back fuel price hike
6 months, 1 week ago

Karnataka: BJP to protest till government rolls back fuel price hike

New Indian Express  

BENGALURU: The BJP on Monday staged protests across Karnataka against the hike in petrol and diesel prices. Attacking the Congress State Government, the BJP has warned of an indefinite protest till the government rolls back the hike. Calling the hike anti-people, Karnataka BJP president, BY Vijayendra, said that the party will protest till the matter reaches its logical conclusion. He …

Congress hiked fuel prices as revenge for poll debacle: Karnataka LoP Ashoka
6 months, 1 week ago

Congress hiked fuel prices as revenge for poll debacle: Karnataka LoP Ashoka

New Indian Express  

BENGALURU: Hitting out at the state government for increasing petrol and diesel prices in Karnataka, Leader of Opposition in the Assembly R Ashoka claimed that the Congress-led dispensation is taking revenge on the people for defeating the party in the recent Lok Sabha polls. “During the previous BJP government, when fuel became costlier by just Re 1, the present CM …

Karnataka BJP Criticizes Congress for Petrol and Diesel Price Hike
6 months, 1 week ago

Karnataka BJP Criticizes Congress for Petrol and Diesel Price Hike

Deccan Chronicle  

Mangaluru: BJP leaders have strongly criticized the Congress government in Karnataka for its recent decision to increase petrol and diesel prices in the state. "The Congress government in the state has bankrupted the treasury by implementing unscientific guarantee schemes and has now betrayed the people by increasing the prices of petrol and diesel," Bommai asserted on X. BJP Mangaluru Vibhag …

Karnataka hikes petrol and diesel prices by ₹3 per litre. Check new rate, other details
6 months, 1 week ago

Karnataka hikes petrol and diesel prices by ₹3 per litre. Check new rate, other details

Live Mint  

Petrol and diesel prices are likely to go up by ₹3 and ₹3.05 approximately in Karnataka as the state government decided to increase taxes on June 15, according to the Petroleum Dealers Association {{^adFree}} {{/adFree}} According to the notification, the sales tax on petrol has been increased from 25.92 percent to 29.84 percent, while the tax on diesel has risen …

Karnataka hikes fuel prices, BJP demands rollback, threatens protest
6 months, 1 week ago

Karnataka hikes fuel prices, BJP demands rollback, threatens protest

India Today  

The petrol and diesel prices in Karnataka were increased by Rs 3 and Rs 3.02, respectively, on Sunday after the state government hiked the sales tax on the fuels. BJP THREATENS STATEWIDE PROTESTS The Karnataka BJP leaders came out against the price hike and demanded an immediate rollback of the decision. "The Congress party says that there is inflation in …

Petrol and diesel prices reduced by ₹2 per litre ahead of Lok Sabha elections
9 months, 1 week ago

Petrol and diesel prices reduced by ₹2 per litre ahead of Lok Sabha elections

Hindustan Times  

Petrol and diesel prices are being reduced by ₹2 per litre, Union petroleum minister Hardeep Singh Puri announced on Thursday. “By slashing petrol and diesel prices by ₹2, prime minister Narendra Modi has once again shown that providing welfare and convenience to his family of crores of Indians, has always been his goal,” Puri wrote in a post on X. …

Pakistan's petrol, diesel prices cross Rs 300-mark for the first time in history
1 year, 3 months ago

Pakistan's petrol, diesel prices cross Rs 300-mark for the first time in history

India Today  

Amid the outcry over soaring electricity charges in Pakistan, the prices of petrol and diesel in the country have crossed the Rs 300 mark for the first time in history, adding to the worries of people reeling under the grim economic situation. The caretaker government, under Prime Minister Anwaarul Haq Kakar, increased the prices of petrol and high-speed diesel on …

Congress leader Jairam Ramesh irked over question on diesel price hike in Himachal
1 year, 11 months ago

Congress leader Jairam Ramesh irked over question on diesel price hike in Himachal

Op India  

On January 10, Congress MP and General Secretary in charge of Communications, Jairam Ramesh, avoided commenting on the fuel price after increasing diesel prices in Himachal Pradesh. However, when a journalist asked about the diesel price hike in Himachal Pradesh, Ramesh got irritated and asked the journalist to question Himachal Pradesh Chief Minister. However, after your government came to power …

Petrol, Diesel Latest Prices Announced: Check Petrol Price Today In Delhi, Mumbai, Other Cities
2 years, 3 months ago

Petrol, Diesel Latest Prices Announced: Check Petrol Price Today In Delhi, Mumbai, Other Cities

News 18  

Petrol and diesel prices have remained steady as of Saturday, September 10, following the three-month-old trend. 102.63 per litre, while diesel prices here remained at Rs. Listed below are the petrol prices for various major cities in the country: Delhi Petrol: Rs 96.72 per litre Diesel: Rs 89.62 per litre Mumbai Petrol: Rs 106.31 per litre Diesel: Rs 94.27 per …

Maharashtra to cut petrol prices by ₹5/ litre and diesel prices by ₹3/litre
2 years, 5 months ago

Maharashtra to cut petrol prices by ₹5/ litre and diesel prices by ₹3/litre

Hindustan Times  

Maharashtra chief minister Eknath Shinde on Thursday announced that the state government had decided to cut value added tax on petrol prices by ₹5 per litre and diesel by ₹3 per litre. Happy to announce that new Government under CM Eknathrao Shinde has decided to reduce Petrol & Diesel prices by ₹5/litre & ₹3/litre respectively,” Fadnavis later tweeted. “A decision …

India trims taxes on fuel, commodities to fight inflation
2 years, 7 months ago

India trims taxes on fuel, commodities to fight inflation

Al Jazeera  

The steps will lead to a drop in annual revenues due to lower collections, raising concerns on India’s fiscal deficit. Finance Minister Nirmala Sitharaman announced on Saturday a cut in excise duty on petrol by 8 rupees per litre and 6 rupees per litre on diesel. The new tax regime on petrol and diesel could result in the government losing …

Inflation impact: The falling mileage of paying for soaring fuel costs
2 years, 7 months ago

Inflation impact: The falling mileage of paying for soaring fuel costs

The Hindu  

“When will the rising petrol prices stop.” This was the question asked by a 26-year-old, who works as a delivery boy with an online app in Madurai. While the common man, in many places, is being forced to depend on public transport or take share-autorickshaw rides, many autorickshaws plying in Coimbatore district have halved the number of trips in the …

PM Modi’s remarks on fuel prices one-sided, misleading: Mamata Banerjee
2 years, 7 months ago

PM Modi’s remarks on fuel prices one-sided, misleading: Mamata Banerjee

The Hindu  

Prime Minister Narendra Modi’s remarks blaming the Opposition States for high prices of petrol and diesel are misleading and one-sided, West Bengal Chief Minister Mamata Banerjee said on Wednesday alleging that the Centre has adopted a “step-motherly” attitude towards the Opposition-ruled States. Ms. Banerjee was reacting to Prime Minister Narendra Modi’s remarks made earlier in the day that many States …

Oppn Accuses PM Modi of Playing Politics on Fuel Prices, BJP Slams Its 'Hypocrisy'
2 years, 7 months ago

Oppn Accuses PM Modi of Playing Politics on Fuel Prices, BJP Slams Its 'Hypocrisy'

News 18  

The Opposition on Wednesday accused Prime Minister Narendra Modi of playing politics during his meeting with chief ministers on the Covid situation by raising the issue of fuel prices and "passing the buck" on to states to reduce VAT on petrol and diesel. Maharashtra Chief Minister Uddhav Thackeray said the Centre owed Rs 26,500 crore to the state, after Prime …

Pakistan: Petrol, diesel prices likely to go up by ₹83.5- ₹119 per litre
2 years, 8 months ago

Pakistan: Petrol, diesel prices likely to go up by ₹83.5- ₹119 per litre

Live Mint  

Pakistan's economy is in doldrums and people of the country may face another blow as the prices of petrol and diesel may go up by Pakistani ₹83.5 and ₹119 per litre respectively. The Oil and Gas Regulatory Authority has proposed the federal government to make a massive hike in fuel prices, up to ₹83.5 per litre on petrol and ₹119 …

Petrol, Diesel Prices Hiked Today, Increased By Rs 10 in 16 Days; Check Fuel Rates
2 years, 8 months ago

Petrol, Diesel Prices Hiked Today, Increased By Rs 10 in 16 Days; Check Fuel Rates

News 18  

Petrol, Diesel Prices Hiked: Petrol and diesel prices were hiked again by 80 paise a litre each today, taking the total increase in rates to Rs 10 per litre in 16 days. In Mumbai, petrol and diesel prices per litre stand at Rs 120.51 and Rs 104.77 respectively. The price of Brent crude has risen by about $28.4 per barrel …

Fuel price hike very low in India compared to other countries: Hardeep Singh Puri in Parliament
2 years, 8 months ago

Fuel price hike very low in India compared to other countries: Hardeep Singh Puri in Parliament

Firstpost  

Union Minister Hardeep Singh Puri said hike in petrol prices in India was only five per cent between April 2021 and March 2022 New Delhi: Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Tuesday defended the central government over hike in fuel prices and compared it with that of other countries. Comparing gasoline prices between April 2021 …

Petrol, Diesel Prices Hiked for 13th Time in Two Weeks; Up by Rs 9.50; Know Fuel Rates
2 years, 8 months ago

Petrol, Diesel Prices Hiked for 13th Time in Two Weeks; Up by Rs 9.50; Know Fuel Rates

News 18  

The prices of petrol and diesel continued to rise on Tuesday. Since then, the petrol and diesel prices have soared by nearly Rs 9.50 per litre in just two weeks. The state-owned fuel retailers will need to raise price by Rs 10.6 to Rs 22.3 a litre for petrol, according to the recent report by Kotak Institutional Equities. For diesel, …

Indians hit by ₹1.25 lakh cr in additional taxes: Congress
2 years, 8 months ago

Indians hit by ₹1.25 lakh cr in additional taxes: Congress

The Hindu  

The recent electoral victories have given the BJP “a licence to loot”, the Congress alleged on Saturday as the party gave a break-up of additional taxes to the tune of ₹1.25 lakh crore that have burdened the common people in the new financial year. “The prices of petrol and diesel have gone up by ₹7.20/litre across India with 10 hikes …

Is the fuel pricing policy problematic?
2 years, 8 months ago

Is the fuel pricing policy problematic?

The Hindu  

After a long pause, retail fuel prices have been inching up over the past week and have crossed the ₹100-litre mark again in several parts of the country, while LPG cylinder prices have been hiked by ₹50. Editorial | Freeze out: On fuel price hike after a 137-day pause From 2004, oil prices started moving up, and the United Progressive …

Cong. steps up pressure on Govt. over fuel price hike
2 years, 8 months ago

Cong. steps up pressure on Govt. over fuel price hike

The Hindu  

Stepping up his attack against the Narendra Modi government over the steep hike in fuel prices, former Congress president Rahul Gandhi on Thursday pointed out that prices of petrol and diesel have been raised nine times in the past 10 days and demanded their immediate rollback. Leading a protest by Congress MPs on the issue at Vijay Chowk, next to …

In photos | Congress' protest against fuel price hike and inflation
2 years, 8 months ago

In photos | Congress' protest against fuel price hike and inflation

Hindustan Times  

In photos | Congress' protest against fuel price hike and inflation With the ninth hike in fuel prices in ten days, Congress has stepped up its protests against the central government. The petrol and diesel prices have been increased by 80 paise, taking the overall increase to ₹6.40 per litre.. 1 / 6 View Photos in a new improved layout …

Petrol, diesel prices see ninth increase in 10 days, Congress leaders stage protest
2 years, 8 months ago

Petrol, diesel prices see ninth increase in 10 days, Congress leaders stage protest

Deccan Chronicle  

New Delhi: Petrol and diesel prices were on Thursday hiked by 80 paise a litre each, taking the total increase in rates in the last 10 days to Rs 6.40 per litre. Petrol in Delhi will now cost Rs 101.81 per litre as against Rs 101.01 previously while diesel rates have gone up from Rs 92.27 per litre to Rs …

Cong Flays Centre Over 'unabated' fuel Price Hikes, Dubs it 'Extortion'
2 years, 8 months ago

Cong Flays Centre Over 'unabated' fuel Price Hikes, Dubs it 'Extortion'

News 18  

The Congress on Wednesday slammed the Centre over “unabated” hike in fuel prices and termed it “extortion” by the Modi government. Congress MP Shashi Tharoor said: “Who told the BJP that drip torture is more saleable to the public than the guillotine?” Till last Tuesday, fuel prices were steady since November 2021 when the Centre reduced excise duty on petrol …

Opposition seeks PM’s response to hike in fuel prices
2 years, 8 months ago

Opposition seeks PM’s response to hike in fuel prices

The Hindu  

Opposition members of the Lok Sabha on Monday raised the issue of consistent hike in prices of petrol, diesel and cooking gas driving inflation, and sought a statement from Prime Minister Narendra Modi on the issue. The Opposition wasn’t willing to buy the government’s argument that high fuel prices were linked to the Russia-Ukraine war, and demanded a a discussion …

Fuel prices hiked again, fifth time in six days
2 years, 8 months ago

Fuel prices hiked again, fifth time in six days

Firstpost  

Petrol price on was hiked by 50 paise a litre and diesel by 55 paise today New Delhi: Petrol price on Sunday was hiked by 50 paise a litre and diesel by 55 paise, taking the total increase in rates since resumption of daily price revision less than a week back to Rs 3.70-3.75 per litre. The increase in retail …

Petrol, diesel prices hiked again, fourth time in five days
2 years, 8 months ago

Petrol, diesel prices hiked again, fourth time in five days

Deccan Chronicle  

New Delhi: Petrol and diesel prices were hiked by 80 paise a litre each on Saturday, the fourth increase in five days as oil firms passed on to consumers the spike in cost of raw material. Oil companies, who did not revise petrol and diesel rates for a record 137 days despite prices of crude oil rising to USD 117 …

‘Mehngai Mukt Bharat Abhiyan’: Congress' new campaign over rising inflation, fuel price hike
2 years, 8 months ago

‘Mehngai Mukt Bharat Abhiyan’: Congress' new campaign over rising inflation, fuel price hike

India TV News  

Highlights Congress will launch 'Mehngai Mukt Bharat Abhiyan' campaign on inflation. The Congress said that the party will launch 'Mehngai Mukt Bharat Abhiyan' campaign on the issue of inflation and fuel price hike from 31st March to 7th April, said Congress chief spokesperson Randeep Surjewala in a press conference on Saturday. Attacking the BJP after petrol and diesel prices were …

Fuel price hike: Opposition members walk out of Lok Sabha proceedings
2 years, 8 months ago

Fuel price hike: Opposition members walk out of Lok Sabha proceedings

Firstpost  

New Delhi: Opposition members from various parties in Lok Sabha on Friday walked out of proceedings over rising fuel prices, with a Congress MP questioning the need to hike price of petrol, diesel and cooking gas following a 137 days hiatus after polls in five states concluded. Gaurav Gogoi raised the issue of rise in fuel prices during Zero Hour, …

Freeze out: The Hindu Editorial on fuel price hike after a 137-day pause
2 years, 9 months ago

Freeze out: The Hindu Editorial on fuel price hike after a 137-day pause

The Hindu  

On Tuesday, after possibly the longest pause, of 137 days, in India’s retail fuel prices in recent years, oil marketing companies raised petrol and diesel prices by about 80 paise a litre, following up with a similar increase on Wednesday. The interregnum between then and now, coinciding with the five Assembly election battles, also witnessed the sharpest spike in global …

Sonia Gandhi leads Opposition to force adjournment in Lok Sabha over fuel price hike
2 years, 9 months ago

Sonia Gandhi leads Opposition to force adjournment in Lok Sabha over fuel price hike

The Hindu  

Opposition members, led by Congress president Sonia Gandhi, forced a 20-minute adjournment in the Lok Sabha on Wednesday to register their protest against the rise in the prices of petrol, diesel and LPG. Pralhad Joshi’s comment The Congress members were louder compared to the members of other Opposition parties while protesting in the well of the House, prompting Parliamentary Affairs …

Fuel price hike: Congress protest inside and outside Parliament, both Houses adjourned
2 years, 9 months ago

Fuel price hike: Congress protest inside and outside Parliament, both Houses adjourned

Firstpost  

Congress MPs had given adjournment notices in both the Lok Sabha and the Rajya Sabha to discuss the issue New Delhi: The Congress on Wednesday stepped up its attack on the BJP government after petrol and diesel prices were raised by 80 paise for the second day in a row and said it would protest both inside and outside Parliament. …

Petrol, diesel rates up by ₹1.60 a litre in two days
2 years, 9 months ago

Petrol, diesel rates up by ₹1.60 a litre in two days

Hindustan Times  

NEW DELHI: Petrol and diesel become costlier by ₹1.60 per litre in two days as state-run oil companies on Wednesday raised their rates by 80 paise a litre for the second consecutive day even as the international oil prices remained flat on Tuesday. “In fact, OMCs are recovering their past revenue losses as daily changes in fuel rates were frozen …

'Making gains by plundering poor': Congress slams Centre over fuel price hike
2 years, 9 months ago

'Making gains by plundering poor': Congress slams Centre over fuel price hike

Firstpost  

SP MP Jaya Bachchan also attacked the Centre over the hike in fuel prices and said that Akhilesh Yadav had repeatedly said in his campaign that the price is going to increase after the elections New Delhi: Congress on Tuesday slammed the Centre over the hike in petrol and diesel prices, alleging that the government is “making a gain worth …

Petrol, diesel prices hiked after four months
2 years, 9 months ago

Petrol, diesel prices hiked after four months

Live Mint  

New Delhi: Petrol and diesel prices increased in the metro cities by 80 paise per litre after remaining steady for nearly 137 days. Rahul Kalantri, vice president for commodities at Mehta Equities noted that crude oil prices have gained around 18% in last four days. In its oil market report for March 2022 released last week, the International Energy Agency …

India sees first fuel price hike in 4 months. Cooking gas costlier too
2 years, 9 months ago

India sees first fuel price hike in 4 months. Cooking gas costlier too

Hindustan Times  

In the first hike in four months, the fuel prices have been raised in India. In Mumbai, India's financial capital, the petrol and diesel prices have increased to ₹110.82/litre and ₹95.00/ litre, respectively. Cities Prices Today Petrol Diesel Delhi ₹ 96.21 ₹ 87.47 Mumbai ₹ 110.82 ₹ 95.00 Chennai ₹ 102.16 ₹ 92.19 Kolkata ₹ 105.51 ₹ 90.62 Indian Oil …

Fuel prices hike: 'Thali Bajao,' Rahul Gandhi's scathing attack on Centre
2 years, 9 months ago

Fuel prices hike: 'Thali Bajao,' Rahul Gandhi's scathing attack on Centre

India TV News  

Highlights Congress leader Rahul Gandhi hits out at Centre over fuel prices hike Domestic cooking gas LPG rates were increased by Rs 50 per cylinder Adhir Ranjan Chowdhury, Mallikarjun Kharge and SP's Jaya Bachchan also joined the chorus Fuel prices hike: Congress leader Rahul Gandhi came down heavily on the Centre over the exorbitant rise in petrol, diesel prices after …

Fuel, LPG price hike issue echoes in Lok Sabha, Opposition stages walkout
2 years, 9 months ago

Fuel, LPG price hike issue echoes in Lok Sabha, Opposition stages walkout

India TV News  

Highlights Adhir Ranjan said the opposition had been claiming that prices will increase after elections He said thet Congress will 'stand against this for common people both outside and inside Lok Saba' The Rajya Sabha too witnessed protests by the opposition MPs, forcing adjournments Opposition parties protested in Lok Sabha on Tuesday against the increase in prices of fuel and …

Petrol, Diesel Prices Likely to Rise from Tomorrow; Know How Much More you have to Pay
2 years, 9 months ago

Petrol, Diesel Prices Likely to Rise from Tomorrow; Know How Much More you have to Pay

News 18  

The geo-political crisis-led global hike in crude oil prices is expected to push India’s domestic prices of petrol and diesel by Rs 15-22 per litre, say experts. Analysts opined that crude and election have any impact on oil price, however, Roop Bhootra – CEO, Investment Services, Anand Rathi Shares and Stock Brokers, said: “The crude oil prices hitting new highs …

Petrol, diesel prices to go up by Rs 12 before Holi?
2 years, 9 months ago

Petrol, diesel prices to go up by Rs 12 before Holi?

India Today  

With assembly elections in five states, including Uttar Pradesh, getting over on Monday, there are apprehensions that petrol and diesel prices may be hiked across the country. This comes as international oil prices have reached levels not seen since the 2008 financial crisis as disruption to crude and fuel exports from Russia has left the world short of supply. With …

Get your petrol tanks filled before 'election offer' ends: Rahul's dig at Centre over fuel price hike
2 years, 9 months ago

Get your petrol tanks filled before 'election offer' ends: Rahul's dig at Centre over fuel price hike

India TV News  

Highlights Congress leader Rahul Gandhi took a swipe at the Modi government over the impending fuel price hike Congress has been accusing the BJP government of raising the prices soon after the polls are over. Congress leader Rahul Gandhi on Saturday took a swipe at the Modi government over the impending fuel price hike after assembly polls and asked people …

Petrol, diesel price hikes to restart from next week
2 years, 9 months ago

Petrol, diesel price hikes to restart from next week

Deccan Chronicle  

New Delhi: Petrol and diesel price hikes are likely to resume after state elections get over next week to bridge the Rs 9 a litre gap created by international oil prices soaring past USD 100 a barrel. The basket of crude oil India buys rose above USD 102 per barrel on March 1, the highest since August 2014, according to …

Why Indian govt may cut tax on petrol, diesel, according to Morgan Stanley
2 years, 9 months ago

Why Indian govt may cut tax on petrol, diesel, according to Morgan Stanley

Live Mint  

Should fuel prices rise sharply due to rise in oil prices, Upasana Chachra of Morgan Stanley in a recent note stated that she expects the Indian government to consider a reduction in fuel excise duty cut to dampen the effect on inflation. However, given that higher oil prices would potentially weigh on growth and tax collection as well, any additional …

Oil nears $100: Petrol, diesel price hike coming after elections
2 years, 10 months ago

Oil nears $100: Petrol, diesel price hike coming after elections

The Hindu  

International oil prices surged close to $100 a barrel on Tuesday after Russian President Vladimir Putin sent troops into Ukraine, but petrol and diesel prices in India continue to be on freeze and are expected to rise once assembly elections in states like Uttar Pradesh end. Retail pump rates are aligned to a price of $82-83 per barrel and they …

Fuel price cut in consonance with national mood
3 years, 1 month ago

Fuel price cut in consonance with national mood

New Indian Express  

Strange, but fuel prices have the duality of bringing fortune and misfortune. Interestingly, despite the surging pump prices, an IMF official recently recommended maintaining existing fuel taxes in India, as a reduction disproportionately benefits higher-income households, making it ‘highly regressive’. Truth is, the chasm between headline and household inflation is wide and the Centre’s pick to go with the latter …

Fuel prices see further dip in these states as BJP and its allies cut costs of petrol by Rs 8, diesel by Rs 9
3 years, 1 month ago

Fuel prices see further dip in these states as BJP and its allies cut costs of petrol by Rs 8, diesel by Rs 9

Firstpost  

After duty changes, the costliest petrol and diesel is sold in Rajasthan at Rs 111.10 and Rs 95.71 a litre respectively New Delhi: Petrol price has been further reduced by as much as Rs 8.7 per litre and diesel by Rs 9.52 in BJP ruled states and UTs — from Ladakh to Puducherry — as they matched the central government’s …

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