Fuel Price | The Asian Age

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Oil Minister Pradhan rules out review of daily fuel pricing

Central govt levies Rs 19.48 excise duty on a litre of petrol and Rs 15.33 on diesel.

04 Jun 2018 4:40 PM

Holistic strategy to find a long-term solution to fuel prices: Pradhan

The government had raised excise duty on petrol by Rs 11.77 a lire and that on diesel by 13.47 a litre.

28 May 2018 3:36 PM

In Delhi petrol now cost record Rs 78.12 a litre, Mumbai Rs 85.93 per litre, Chennai Rs 81.11 a litre and Kolkata Rs 80.76 per litre.(Representational image)

No end in sight as fuel price surges for 13th day

Increase in petrol and diesel is likely to increase inflation as it make transportation of goods and other services costlier.

28 May 2018 12:50 AM

Having questioned rising fuel prices between 2011 and 2014 by making a dance and song about it, the ruling forces are now facing the wrath of the Indian public.

Fire rages from fuel prices

The most curious part is that while oil prices were at least $112 per barrel in May 2014 when the BJP-NDA took over.

25 May 2018 2:18 AM

Seek new fuel sources

India has its own resources which for some reason has never been fully exploited.

19 May 2018 1:57 AM

Congress chief Rahul Gandhi at a rally in Malur, 45 km from Bengaluru, on Monday. (Photo: AP)

Rahul Gandhi targets Central government over rising fuel prices

Accuses Centre of collecting Rs 10L cr in taxes on products without giving any relief to people.

08 May 2018 1:26 AM

Sanjay Nirupam at the bicycle rally. (Photo: Debasish Dey)

Sanjay Nirupam leads bicycle rally over soaring fuel price

Nirupam also raised questions about Prime Minister Narendra Modi's promises about inflation.

06 Apr 2018 2:08 AM

India's fuel consumption grew by an average of 3-4 per cent annually.

Private fuel retailers double petrol, diesel market share

In 2017-18, private retailers commanded 6.8 per cent market share in petrol sales and 8.2 per cent in diesel.

19 Mar 2018 3:39 PM

A day after reducing basic excise duty on petrol and diesel, the Centre on Wednesday urged states to reduce VAT on fuel by 5 per cent to “help people”. (Photo: PTI)

Reduce VAT on fuel by 5 per cent: Centre urges states

Union finance minister Arun Jaitley will be writing to all state chief ministers urging them to cut VAT on petrol an diesel.

05 Oct 2017 3:25 AM

Alphons Kannanthanam said that the government is working for the welfare of the downtrodden to ensure electricity in every village. (Photo: PTI)

Vehicle owners can pay tax, they don't starve: KJ Alphons on petrol price hike

'We are imposing the taxes so that the poor have a dignified life. So we are going to tax people who can afford to pay,' he said.

16 Sep 2017 5:58 PM

On July 10, the state government received the order of not charging the state surcharge on imports of petroleum products.

Fuel prices in Maha to come down as surcharge to be slashed

Prices of petrol will come down in the range of 66 paise to Rs 1.77 per litre depending on the local taxes.

12 Jul 2017 9:39 AM

The under-recoveries on account of subsidy had bleed PSU oil companies, while shutting the oil marketing for private players.

Fuel price to change daily from June 16

Currently, fuel prices are revised on 1st and 16th of every month.

12 Jun 2017 2:11 AM

When crude prices were much lower even a year ago, the Centre kept hiking its share of excise duties from fossil fuel and its derivatives, which stands at Rs 21.48 per petrol litre as opposed to Rs 9.20 two years ago and Rs 17.23 per diesel litre as opposed to just Rs 3.46 in 2014. (Representational image)

Fuel hike pain will hurt

The uneasily fluid exchange rate of the rupee to the US dollar is only likely to lead to further hikes.

18 Dec 2016 1:01 AM

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Shobhaa De