Diesel Price

Petrol, diesel sales drop in March after record growth in February

India's fuel demand fell in the first half of March after posting a record growth in the previous month, preliminary industry data showed on Thursday. Fuel sales soared to the highest levels in February on the back of robust demand from the agriculture sector as well as transport picking up after the winter lull. March saw the seasonal slowdown kicking in with rise in temperatures. Petrol sales decreased by 1.4 per cent to 1.22 million tonnes in the first half of March when compared with the same period of last year. Sales fell 0.5 per cent month-on-month, the data showed. Diesel, the most consumed fuel in the country, saw demand slip 10.2 per cent to 3.18 million tonnes during March 1 to 15 when compared with 3.54 million tonnes sales in the same period a year back. Month-on-month the demand was down 4.6 per cent. During the first half of February, petrol consumption had jumped by almost 18 per cent year-on-year while diesel sales were up nearly 25 per cent. The consumption of p

Congress-led Himachal govt hikes VAT on diesel by Rs 3.01, BJP slams move

With this, the diesel is now costs Rs 86 per litre in the state

Petrol, diesel prices may not fall despite 30% dip in global crude price

In a bid to recover past losses the state-run oil companies may not immediately lift the six-month-long freeze on daily pricing of automobile fuel rates despite a nearly 30% decline in prices

Deflating gas economy: Kirit Parikh has a tough task on hand as prices soar

As global prices soar, another committee to review gas pricing policies may find the going more challenging

Analysts bullish on auto stocks amid govt. measures on fuel, steel price

At the operational level, Nomura sees margin benefit for companies in the backdrop of a cut in steel prices

Telangana rejects calls to cut fuel VAT, says had no hike in seven years

The Value Added Tax (VAT) on petrol in Telangana is 35.2 per cent while it is 27 per cent on diesel

Petrol, diesel prices hiked by 80 paise; total rise at Rs 10 per litre

In Mumbai, the petrol and diesel prices per litre are at Rs 120.51, increasing by 84 paise & Rs 104.77, up 85 paise

Petrol and diesel prices hiked for first time in over four months

Up 80 paise a litre; domestic gas cylinder now dearer by Rs 50

Slipping on oil prices

Dual diesel rates will be distortionary

India's bulk diesel buyers rush to cheaper retail outlets after price hike

The surge in diesel sales is putting pressure on India's logistics and supply infrastructure, according to Reliance

Petrol, diesel price hike soon as oil companies prepare to pare losses

Petrol and diesel prices need to be increased by Rs 15 a litre for fuel retailers to break even

Petrol, diesel price hikes likely to restart from next week: Here's why

JPMorgan said for oil marketing companies to revert to normalised marketing margins, retail prices need to increase by Rs 9 a litre or 10%

OMCs keep diesel, petrol prices steady across major Indian cities on Friday

Oil marketing companies have kept the prices of diesel and petrol unchanged across major Indian cities on Friday.

OMCs leave diesel, petrol prices unchanged across metros on Thursday

Diesel and petrol prices in Delhi stood at Rs 86.67 per litre and Rs 95.41 per litre, respectively.

OMCs keep fuel prices unchanged across major Indian cities on Wednesday

The diesel and petrol rates in Delhi stood at Rs 86.67 per litre and Rs 95.41 per litre, respectively.

Relief for consumers as petrol, diesel prices stay unchanged for fortnight

The price of petrol in Delhi, which fell to Rs 103.97 a litre at 6 a.m. on Diwali day on Nov 4 from the previous days' level of Rs 110.04 a litre, remained at the same level on Thursday

Fuel prices decided in America, blaming Centre for them wrong: Danve

Fuel prices are decided in America and blaming the central government for rise in their rates is wrong, Union minister Raosaheb Danve has said

CM Ashok Gehlot asks Centre to further cut excise duty on petrol, diesel

Speaking to the media, the chief minister said, "We demand the Central government to further cut petrol and diesel prices."

Total tax on petrol down to 50%, diesel to 40% after excise duty cuts

The retail price of petrol and diesel is decided after adding central excise, commission paid to dealers and value-added tax (VAT) to basic oil prices

Petrol and diesel prices remain unchanged for third consecutive day

In the financial capital Mumbai, petrol continues to be priced at Rs 109.98 a litre and diesel Rs 94.14 a litre.