The government on May 6 again raised excise duties by Rs 10 per litre on petrol and Rs 13 per litre on diesel
In April, petrol sales declined 61% from a year earlier and diesel sales dropped 57% from a year earlier
Indian Oil Corp (IOC), the nation's largest fuel retailer, started home delivery of diesel through a mobile dispenser in 2018. This service is available only in a handful of cities.
The price of Indian-made foreign liquor (IMFL) has been increased to Rs 20-Rs 200 per bottle, imported liquor by Rs 475 per litre and country-made liquor
The fuel consumption is estimated to decline 10-20 per cent during fiscal year 2020-21
The hike in duty has taken away gains from falling global crude oil prices
No immediate hike, marginal increase likely to be implemented only after lockdown is lifted
Industry officials said this is the biggest ever drop in sales and the first data for the complete lockdown period
Both Kolkata and Mumbai saw an increase of Rs 1.01 each on petrol to Re 1 each on diesel. However, prices in Delhi remained unchanged
Prime Minister Narendra Modi announced a 21-day nationwide lockdown from March 25 in order to contain the spread of novel coronavirus
Petrol is being sold at a rate of Rs 69.63 per litre in Delhi
The amendment along with the Finance Bill was passed without a debate in the Lok Sabha
The fuel prices across the country seem to be stable since past one week due to the coronavirus outbreak
Petrol now costs Rs 69.59 per litre in Delhi and Rs 72.29 per litre in Kolkata
Petrol in Delhi now costs Rs 69.75 per litre, while diesel is priced at Rs 62.44, according to a price notification of state-owned oil firms
Additional revenue will help govt meet its FY21 target of bringing down the fiscal deficit to 3.5% of GDP
Congress senior spokesperson said the government should reduce the rates of petrol, diesel, and LPG by at least 35-40%
Special excise duty on petrol was hiked by Rs 2 to Rs 8 per litre and to Rs 4 in case of diesel
Petrol now costs Rs 70.14 per litre in Delhi, Rs 75.84 per litre in Mumbai, Rs 72.83 a litre in Kolkata and Rs 72.86 per litre in Chennai after the price cut
Petrol in Delhi now costs Rs 70.29 per litre and diesel Rs 63.01 a litre