Page 7 - Fuel Prices

Vehicle fuel prices responsible for around 30% of April inflation spurt

The RBI's Monetary Policy Committee is likely to hike the repo rate in June after it had announced a 40 basis point increase in it in an off-cycle announcement earlier this month

Ensuring resilient energy transition needs to be top-priority: WEF study

The new special edition report by WEF listed key recommendations for governments, companies, consumers and other stakeholders on how to progress the energy transition

Economy a cause of worry as foreign exchange reserves deplete: Congress

"The government is actually fueling the rise of inflation by its wrong policies, especially through high taxes on petrol and diesel, high administered prices and high GST tax rates," Chidambaram said

Pakistan: PML-N chief Nawaz Sharif opposed to fuel price rise, says insider

A source present at the meeting told Dawn news that the PML-N faced a tough choice: either increase fuel prices or pass the reins to an interim set-up

Fearing closure of petrol pumps, RIL-BP drafting a rescue plan: Report

Earlier in 2008, RIL had compensated dealers when it shut retail outlets due to high crude oil prices and lack of support from the government

Birla Corp net profit down 55.45% in Q4, blames high fuel prices

Company says it has 'healthy growth in sales by volume in almost every segment and market'.

India's fuel sales moderate in April, fall 4% MoM at 18.6 mn tonnes

(Reuters) - India's fuel consumption moderated and slipped 4% in April from the previous month, data showed on Tuesday, as elevated domestic prices slowed activity

Reforming fuel taxes

Combination of GST and carbon tax can help

Fuel to GST: Centre-state relations may emerge as a rallying point for Oppn

Opposition chief ministers have made it clear that they would reduce tax rates on petrol and diesel if the Centre cleared their dues

Fuel sales growth moderates in April as record high prices dent demand

India's petrol and diesel sales growth moderated in April while cooking gas LPG consumption fell as record high prices dented demand, preliminary industry data showed

Aviation fuel prices rise by 3.22% to record the steepest hike of all time

Jet fuel prices on Sunday were hiked by 3.22 per cent -- the ninth straight increase this year -- to an all-time high, reflecting a surge in global energy prices.

Supply chain, higher staff, fuel costs, Ukraine add up to hurt Amazon stock

After a surge during the Covid-19 pandemic, the e-commerce giant saw expenses swelling as it offered higher pay to attract workers

Fuel tussle: Petrol dearer 5% since November in states with no VAT cut

The Trinamool Congress (TMC) tweeted that the Centre owes West Bengal a whopping Rs 97,807.91 crore

Modi's 'federalism not cooperative but coercive': Rahul on fuel price

Gandhi alleged that the prime minister is abdicating his responsibility by blaming states for the high fuel prices even when the Centre has taken 68 percent of all fuel taxes

TN CM Stalin, Kerala's Vijayan target PM Modi over high fuel prices

Modi raised the issue of many states not adhering to the Centre's call for reducing the Value Added Tax (VAT) on petrol and diesel after his government slashed excise duties on them

PM called meeting to blame states for high fuel prices: Mamata Banerjee

Banerjee demanded that the central government immediately slash the price of domestic LPG cylinders by at least Rs 300

Centre should remove cess, surcharges on fuel: TN FM Palanivel Rajan

He was responding to Prime Minister Narendra Modi's call on Wednesday to states to reduce the Value Added Tax (VAT) on fuel "in the spirit of cooperative federalism"

His federalism is not cooperative but coercive: Rahul on PM over fuel price

Gandhi's remarks came a day after Modi flagged higher fuel prices in many opposition-ruled states and urged them to reduce VAT in "national interest"

Telangana minister KTR asks Centre to scrap cess on petrol, diesel

Telangana Industry and Commerce Minister KT Rama Rao held Centre responsible for the rising prices of petrol and diesel

Bengal govt spent Rs 1,500 cr in last 3 yrs to provide fuel subsidy: Mamata

Her retort came a few hours after Prime Minister Narendra Modi, in a virtual interaction with chief ministers, flagged higher fuel prices in opposition-ruled states