Page 53 - Fuel Prices

Excise duty cut on petrol, diesel adds to fiscal concerns: Nomura

The govt announced a reduction in central excise duty on petrol and diesel by Rs 2/L effective October 4 amid rising international prices

Madhya Pradesh slashes 3% VAT on petrol, 5% on diesel

We urge the states to take the responsibility just like the Centre did: Pradhan

Now, pay less for petrol, diesel in Chandigarh as VAT reduced by 5%

VAT on diesel or high speed diesel will be reduced from 16.40% to 11.40%; VAT on petrol slashed from 24.74% to 19.74%

In Delhi, petrol price hits 4-yr high at Rs 73.73, diesel at all time high

India has the highest retail prices of petrol and diesel among South Asian nations as taxes account for half of the pump rates

Govt rules out any immediate excise duty cut to cushion petrol prices

Asked if a second round of excise duty cut was in offing, Finance Secretary Hasmukh Adhia said: "Not as of now. Whenever we review it, we will let you know"

False alarm! Petrol prices down by just 1 paisa to Rs 78.43/litre in Delhi

Indian Oil says it published wrong prices in the morning

From 'petrolled' to 'fuelonfire', social media users have a field day

Twitter was flooded with hash tags and messages about the price cut, making fun of the situation

Fuel prices raised again: Petrol at Rs 90.22 in Mumbai, Rs 82.86 in Delhi

The price of diesel also rose in tandem with petrol; it is now being sold at Rs 74.12 a litre in Delhi

Mumbai petrol price up for 15th day in a row to Rs 86.08/l; crude oil down

In line with petrol, the price of diesel also increased -- to Rs 69.17 a litre in Delhi, and Rs 73.64 in Mumbai

Petrol prices rise for 13th day on the trot, hit almost Rs 78 in Delhi

Along with Delhi, prices in Mumbai and Chennai have already reached record levels and are only reaching new highs every single day

Petrol up by Rs 3 since Karnataka poll, but govt may have found a solution

HPCL CMD Mukesh Surana has said that there is a need to review taxation on petrol and diesel to provide relief to consumers

Govt may levy 'windfall tax' on ONGC, OIL to bring down rising fuel prices

Change in contracts and taxes mid-way will affect long-term investor sentiments in India

Centre looking at 'immediate solution' to check fuel prices, says Pradhan

Pradhan asked the Odisha government to reduce VAT on petroleum products to contain the cascading effect on rising fuel prices

Govt may levy windfall oil tax on ONGC to moderate spiralling fuel prices

The revenues so collected would be used to pay fuel retailers so that they absorb spikes beyond the threshold levels

'Petrol, diesel prices may stay high in immediate future': 10 points

Even as people across India see rising fuel prices burning a hole in their pockets, the price of petrol touched Rs 85 a litre in Mumbai and Rs 77.17 a litre in Delhi on Wednesday

States must reduce duty on petrol, create fiscal space, says NITI Aayog V-C

The rising crude prices in the international market prompted state-owned oil companies to raise domestic prices for 11th day in a row

Petrol, diesel excise duty may be cut Rs 2-4/litre; PMO to take final call

Petroleum Minister Dharmendra Pradhan is expected to meet oil-marketing companies on Wednesday to take stock of the situation

Oil puzzle: Retail prices of petrol likely to cross Rs 85-90 in near future

The retail price of petrol in Delhi may reach Rs 85 a litre, while that for diesel reach Rs 73 a litre

Rs 4 a litre hike in petrol, diesel prices in offing, say brokerage firms

The increase is based on assumption that global price of diesel and petrol and Rupee-US Dollar exchange rate remain stable hereon

Petrol price soars to near five-year high at Rs 75 a litre in Delhi

In the other metropolitan cities of Kolkata, Mumbai and Chennai also, petrol prices were at fresh multi-year high levels of Rs 77.65, Rs 82.79 and Rs 77.77 a litre respectively