At least 20 Opposition parties led by Congress staged a Bharat Bandh across the country on Monday to protest against the rising fuel prices and falling value of the rupee
The dependence of telecom companies on diesel to run their mobile towers is likely to have an impact on operating margins of telecom companies and the burden may be passed on to the consumers
Maharashtra, MP, Punjab, Tamil Nadu, Andhra Pradesh, Rajasthan and Karnataka have the privilege to cut petrol prices by at least Rs 3 from their existing rates
Since March, petrol and diesel prices have increased by Rs 5.60 and Rs 6.31, respectively, in Delhi
West Bengal Chief Minister Mamata Banerjee on Tuesday announced that her government will reduce the state tax on petrol and diesel by Re 1 per litre
A bench of Chief Justice Rajendra Menon and Justice V K Rao made it clear it was not inclined to interfere with the government's decision, saying "there are larger economic issues" involved
In Mumbai, a litre of petrol now costs Rs 88.39 and diesel is priced at Rs 77.58 per litre
Here are few steps that can help you save a few bucks on your fuel bill at a time when petrol and diesel prices are skyrocketing
Petrol prices in Delhi were raised by 28 paise while in other metros such as Mumbai, Kolkata and Chennai the prices of petrol were increased by 28 paise, 27 paise, and 30 paise, respectively
Cost of the other transportation fuel, diesel also increased on Saturday
I congratulate the prime minister for inching towards the century, said Singhvi
Petrol price touched Rs 85.15 per litre in Tamil Nadu, one of the highest in the country
While Opposition blames union govt for not doing enough check on fuel prices, the latter maintains global crude oil prices and others for causing hike in prices of petroleum products
Petrol prices saw an increase of 10 paise per litre in New Delhi and in Mumbai petrol prices were hiked by 9 paise per litre
In the national capital, petrol was sold at Rs 82.32 per litre, up from Rs 82.22 per litre on Thursday
The continuous rise in transportation fuel prices has been in tandem with the increase in crude oil prices
In Mumbai, the petrol price has touched Rs 90.08 per litre, while diesel is being retailed at Rs 78.58 per litre
With petrol and diesel prices scaling record highs, S&P Global Ratings Monday said the government may opt to control retail fuel prices to cushion inflationary shocks. India imports almost 80 per cent of its crude oil requirements. Rising crude prices and the recent 10 per cent slide in the rupee has translated into higher fuel prices for consumers. "This puts pressure on consumers and results in higher inflation, a sensitive subject, given the impending federal and state elections over the next 12 months," S&P Global Ratings credit analyst Vishal Kulkarni said. "We don't expect any reversion to the subsidy mechanism similar to before 2014 in India, even though the incumbent government may opt to control retail fuel prices, using other means, to cushion the inflationary shocks," Kulkarni added. The US-based agency said it assumes a Brent crude oil price per barrel of USD 70 for the rest of 2018, USD 65 for 2019, and USD 60 for 2020, against the current spot price of almost USD
Centre is stuck between the devil and the deep blue sea as far as the runaway fuel prices are concerned. Shine Jacob explains the possible options before it and what a cut in the taxes mean for states
Only a handful of states reduced sales tax or VAT on petrol as retail fuel prices kept rising across India