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Petrol, Diesel Prices Hiked Across Metros

Wednesday, September 18, 2019, 10:37 AM

Petrol, Diesel Prices Hiked Across Metros

Petrol prices were increased by state-run oil marketing companies. The price of petrol was at Rs.72.17/litre in Delhi, Rs.74.89/litre in Kolkata, Rs.77.85/litre in Mumbai and Rs.74.99/litre in Chennai, according to IOC website, iocl.com. The rate of diesel was at Rs.65.58 per litre in Delhi, Rs.67.99 per litre in Kolkata, Rs.68.78 per litre in Mumbai and Rs.69.31 per litre in Chennai.

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Petrol, diesel price see steepest hike since Budget, govt says

Tuesday, September 17, 2019, 5:53 PM

Petrol, diesel price see steepest hike since Budget, govt says

Petrol and diesel prices saw the biggest hike since July 5 Budget as India voiced concern over spike in global oil prices following attacks on Saudi Arabian crude oil facilities. Petrol price was increased by 14 paisa per litre to Rs.72.17 and diesel by 15 paisa to Rs.65.58 per litre in the national capital, according to price information available from state-owned oil firms.

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Petrol, diesel prices may go up by Rs 5-6/lt: Reports

Monday, September 16, 2019, 3:18 PM

Petrol, diesel prices may go up by Rs 5-6/lt: Reports

Petrol and diesel prices in India may jump significantly due to last week's drone attack on Saudi Arabia's Aramco oil refinery, which is the largest oil processing facility in the world, as per reports. Quoting Kotak Institutional Equities', two business news websites have claimed that petrol and diese prices may jump by as many as Rs 5-6 per liter in India.

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In Pakistan, milk price touches Rs 140/litre, costlier than petrol

Wednesday, September 11, 2019, 4:38 PM

In Pakistan, milk price touches Rs 140/litre, costlier than petrol

The price of milk has gone out of control across major cities of Pakistan on the day when Muharram is observed, according to Pakistani media reports. The price of milk has reached Rs 140 per litre in Karachi and the Sindh Province. Interestingly, petrol and diesel prices in Pakistan are lower than that of milk.

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No plan to stop petrol, diesel vehicles: Nitin Gadkari

Friday, August 23, 2019, 3:44 PM

No plan to stop petrol, diesel vehicles: Nitin Gadkari

Union minister Nitin Gadkari on Friday said the government is not planning to stop petrol and diesel vehicles. He said the government is promoting e-vehicles and people will slowly accept it. Gadkari's statement came after the NITI Ayog had announced banning two-wheelers under 150cc by 2025 and three-wheelers vehicles by 2023.

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Petrol, Diesel Prices In Uttar Pradesh To Go Up As Government Raises VAT

Tuesday, August 20, 2019, 7:46 AM

Petrol, Diesel Prices In Uttar Pradesh To Go Up As Government Raises VAT

Petrol and diesel prices in Uttar Pradesh will go up by Rs. 2.5 and Re 1 respectively from Monday midnight as the government increased VAT. The Value Added Tax (VAT) on petrol has been increased to 26.80 per cent or Rs. 16.74 per litre (whichever is higher) and on diesel 17.48% or Rs. 9.41 per litre (whichever is higher), according to an official order.

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No plan to completely ban petrol, diesel vehicles: Dharmendra Pradhan

Wednesday, July 17, 2019, 12:57 PM

No plan to completely ban petrol, diesel vehicles: Dharmendra Pradhan

The government has no plans to ban petrol and diesel vehicles in the near future but will continue to push for greater use of electric vehicles with a view to cut oil imports and save the environment, Oil Minister Dharmendra Pradhan said. The Niti Aayog has reportedly proposed that after 2030, only electric vehicles should be sold in India.

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Tax proposals to yield additional Rs 30,000 cr in 2019-20: Revenue Secretary

Sunday, July 7, 2019, 6:29 PM

Tax proposals to yield additional Rs 30,000 cr in 2019-20: Revenue Secretary

The government will rake in an additional Rs.30,000-crore in revenue from higher-tax imposed on super-rich and higher-duties on petrol and diesel in current fiscal-year, Revenue-Secretary Ajay Bhushan Pandey said. He said the exchequer will mobilise the additional resources by way of increase in duty and cess on petrol and diesel, and increased customs duty on gold and precious metals, besides higher surcharge on super-rich.

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Petrol, Diesel Rate Hiked Day After Centre Raises Excise Duty, Infra Cess

Saturday, July 6, 2019, 10:11 AM

Petrol, Diesel Rate Hiked Day After Centre Raises Excise Duty, Infra Cess

Petrol and diesel rates were revised across the country on Saturday, a day after Finance Minister Nirmala Sitharaman, in her 2019-20 Budget, proposed to increase excise duty and road cess of Rs. 1 per litre each on the fuel. Petrol rates have been increased by Rs. 2.45 per litre while Diesel will now cost Rs. 2.36 more for a litre.

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Petrol, diesel get dearer by Rs 2 a litre

Friday, July 5, 2019, 2:33 PM

Petrol, diesel get dearer by Rs 2 a litre

Petrol and diesel will get dearer by Rs 2 a litre following a duty hike proposed in the budget. "Crude prices have softened from their highs. This gives me a room to review excise duty and cess on petrol and diesel," Finance Minister Nirmala Sitharaman said in her budget speech on Friday.

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