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Page 15 - Fuel Prices

Fuel pump dealers bleed on sudden excise duty cut on petrol, diesel

Dealers earn a commission of Rs 2.58 a litre on diesel and Rs 3.85 a litre on petrol

Fuel pump dealers bleed on sudden excise duty cut on petrol, diesel
Updated On : 06 Nov 2021 | 6:03 AM IST

Excise duty cut on petrol, diesel could reduce inflation by 30 bps

Petrol's price rise remained elevated even as it moderated to 22.26 per cent in September from 24.01 per cent in the previous month

Excise duty cut on petrol, diesel could reduce inflation by 30 bps
Updated On : 06 Nov 2021 | 2:39 AM IST

23 states lower VAT rates on petrol, diesel after Centre's excise duty cut

According to an official statement, states that reduced fuel prices the most were Karnataka, followed by Puducherry and Mizoram

23 states lower VAT rates on petrol, diesel after Centre's excise duty cut
Updated On : 05 Nov 2021 | 11:37 PM IST

Chhattisgarh CM Baghel demands UPA-era tax rates for petrol, diesel

Chhattisgarh Chief Minister Bhupesh Baghel on Friday demanded that the rates of taxes on petrol and diesel should be brought down to those in force during the UPA government

Chhattisgarh CM Baghel demands UPA-era tax rates for petrol, diesel
Updated On : 05 Nov 2021 | 8:20 PM IST

Excise duty cut on fuel BJP's reaction to bypoll debacle, says Congress

Congress on Friday called the cut in fuel taxes a 'reaction' of the Bharatiya Janata Party (BJP) to the 'debacle' it suffered in the recently held by-elections to 30 assembly seats in 14 states

Excise duty cut on fuel BJP's reaction to bypoll debacle, says Congress
Updated On : 05 Nov 2021 | 7:14 PM IST

Digvijay demands Centre to cut excise duty on fuel prices to 2014 level

Singh on Friday demanded that the Centre should further cut the excise duty on fuel to what it was during the Congress regime in 2014, adding that the move will bring the prices further down by Rs 18

Digvijay demands Centre to cut excise duty on fuel prices to 2014 level
Updated On : 05 Nov 2021 | 3:52 PM IST

Petrol price further cut by Rs 8, diesel by Rs 9 in BJP-ruled states

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

Petrol price further cut by Rs 8, diesel by Rs 9 in BJP-ruled states
Updated On : 05 Nov 2021 | 3:49 PM IST

Kerala govt firm on decision not to reduce fuel tax despite criticism

Kerala government on Friday reaffirmed its stand that it could not forego the taxes on fuel due to the grim financial situation

Kerala govt firm on decision not to reduce fuel tax despite criticism
Updated On : 05 Nov 2021 | 3:47 PM IST

A day after Centre slashes petrol, diesel rates, prices remain static

Accordingly, the pump price of petrol in Delhi, which fell to Rs 103.97 a litre at 6 a.m. on Thursday from previous day's level of Rs 110.04 a litre, remains at the same level on Friday.

A day after Centre slashes petrol, diesel rates, prices remain static
Updated On : 05 Nov 2021 | 12:26 PM IST

Petrol, diesel prices will increase again in coming months: Energy expert

The prices of petrol and diesel will increase again in the coming months, said energy expert Narendra Taneja on Thursday.

Petrol, diesel prices will increase again in coming months: Energy expert
Updated On : 05 Nov 2021 | 11:18 AM IST

Excise duty cut on fuel 'very sensitive decision by PM': Amit Shah

"It is a confirmation of our charge that fuel prices are high mainly because of high taxes," he said

Excise duty cut on fuel 'very sensitive decision by PM': Amit Shah
Updated On : 04 Nov 2021 | 11:20 PM IST

Nothing short of stimulus: Fuel tax cuts may boost consumption by Rs 35K-cr

With revenues set to exceed the annual target by Rs 2 trillion, a softer revenue loss that boosts consumption will provide immense relief, especially to lower income households

Nothing short of stimulus: Fuel tax cuts may boost consumption by Rs 35K-cr
Updated On : 04 Nov 2021 | 11:05 PM IST

Bengal BJP asks TMC government to slash state tax on diesel, petrol

The BJP on Thursday said that the Mamata Banerjee government should reduce VAT on fuel

Bengal BJP asks TMC government to slash state tax on diesel, petrol
Updated On : 04 Nov 2021 | 9:07 PM IST

Cut in excise duty on fuel by-product of bypoll results: Chidambaram

The senior Congress leader on Thursday took a swipe at the BJP

Cut in excise duty on fuel by-product of bypoll results: Chidambaram
Updated On : 04 Nov 2021 | 7:04 PM IST

LIVE: Merck's Covid pill secures green light from UK regulator

Live news updates: Bharat Biotech's home-grown Covid-19 vaccine now many be used for Covid-19 inoculation in poor countries.

LIVE: Merck's Covid pill secures green light from UK regulator
Updated On : 04 Nov 2021 | 5:11 PM IST

PM Modi's move to cut excise on fuel brings big relief to public: Amit Shah

The Union home minister on Thursday lauded Modi's decision regarding the excise duty on fuel

PM Modi's move to cut excise on fuel brings big relief to public: Amit Shah
Updated On : 04 Nov 2021 | 3:39 PM IST

Petrol price cut by Rs 5.7-6.35, diesel by Rs 11.16-12.88 across country

Centre on Wednesday had cut excise duty on petrol by Rs 5 per litre and that on diesel by Rs 10 a litre to give reprieve to consumers battered by record high retail fuel prices

Petrol price cut by Rs 5.7-6.35, diesel by Rs 11.16-12.88 across country
Updated On : 04 Nov 2021 | 3:26 PM IST

Petrol, diesel to be cheaper in Bihar with lowered VAT rates: Nitish

The Centre had, on Wednesday, made petrol and diesel cheaper by Rs 5 and Rs 10 per litre respectively

Petrol, diesel to be cheaper in Bihar with lowered VAT rates: Nitish
Updated On : 04 Nov 2021 | 2:40 PM IST

States add further Diwali cheer, cut VAT on fuel to provide bigger relief

The Centre on Wednesday announced that excise duty will be reduced by Rs 5 for petrol and Rs 10 for diesel from November 4

States add further Diwali cheer, cut VAT on fuel to provide bigger relief
Updated On : 04 Nov 2021 | 2:15 PM IST

Kerala not to reduce fuel prices; Congress, BJP warn of protest

State Congress president K. Sudhakaran said even though the Centre's decision came a bit late, we welcome it

Kerala not to reduce fuel prices; Congress, BJP warn of protest
Updated On : 04 Nov 2021 | 2:09 PM IST