Petrol, diesel prices hiked for 2nd day in a row
New Delhi, Mar 23: Petrol and diesel prices on Wednesday were hiked by 80 paise a litre each for the second day in a row since the ending of an over four-and-half month hiatus in rate revision. Petrol in Delhi will now cost Rs 97.01 per litre as against Rs 96.21 previously while diesel […]
Can oil bonds insulate Indian consumers from fuel price shocks?
With oil prices on the spiral, rising to $139 a barrel on March 8—the highest since 2008—India finds itself pushed to the corner. Since the country’s economy is heavily dependent on oil imports—about 80 per cent of our oil requirements are met by other nations—this is feared to dampen investor confidence considerably. Oil prices can turn […]
Petrol, Diesel Prices Jan 6 Updates: Fuel rates continue to remain steady
Petrol and diesel prices – which are revised daily by the oil marketing companies (OMCs) like Indian Oil Corporation Ltd. (IOCL), Hindustan Petroleum Corporation Ltd. (HPCL) and Bharat Petroleum Corporation Ltd. (BPCL) – remained unchanged in India on Thursday, two months after the Centre reduced the excise duty on fuel rates after they reached an […]
Petrol And Diesel Prices Remain Constant On December 20
Petrol and diesel prices in India have remained constant on December 20. Fuel prices in most cities in the country have remained the same since November 4, when the Centre dropped the excise tax on petrol by Rs.5 and diesel by Rs.10 each litre in both cases, excluding Delhi, where it has gotten cheaper. Several states and union […]
Petrol, Diesel prices today: Fuel rates remain steady on December 11 amid decline in global crude oil prices
Even after a sharp fall in international crude oil rates, there has been no change in the prices of petrol and diesel on Saturday, December 11, 2021. The prices of petrol and diesel have been left untouched by the state-run oil marketing companies (OMCs) for over a month now. Meanwhile, there is a decline in […]
Petrol And Diesel Prices: Delhi Continues At Rs 95.41/lt
Ever since the Centre announced a major slash in VAT on fuel rates in India, petrol and diesel prices have remained constant for more than a month now. The decision of the central government has brought down the rates from all-time highs providing major relief to the people. Similarly, petrol prices along with diesel prices remained […]
Petrol to be cheaper by Rs 8 per litre in Delhi as AAP govt decides to cut VAT Sources
New Delhi, Dec 1: The Delhi government on Wednesday decided to reduce the VAT on petrol, bringing down the price of the fuel in the city by about Rs 8 per litre, official sources said. At a cabinet meeting chaired by Chief Minister Arvind Kejriwal, it was decided that the Value-Added Tax (VAT) on […]
Petrol, Diesel prices today: Fuel rates remain steady on November 13
The state-run oil marketing companies(OMCs) have not revised the prices of petrol and diesel on Saturday. According to the latest price notification by OMCs, the fuel rates remained unaltered on November 13, 2021, across the country. According to the Indian Oil Corporation, petrol in Delhi is retailing at Rs 103.97 per litre and diesel is […]
Petrol, Diesel Prices Fall Today After More States Announce to Cut VAT
Petrol and diesel prices on Friday, November 5, saw a sharp decline as more states had announced VAT cuts. Several states joined the Centre in cutting down the fuel rates, which were at shocking highs in the recent past. Petrol, diesel price saw their lifetime high before the Centre and the states announced excise cuts. On the eve […]
Petrol, diesel prices hiked for fourth consecutive day
New Delhi, Oct 30: Petrol and diesel prices increased for the fourth consecutive day to touch record high levels across the country. With a hike of 35 paise a litre, the price of petrol in Delhi rose to its highest-ever level of Rs 108.99 a litre. The price of diesel also saw a hike by […]