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Maharashtra has highest rate of VAT on petrol and diesel. (Photo: PTI)

Maharashtra cuts VAT on petrol, diesel; calls it 'Diwali gift'

Petrol will be cheaper by Rs 2 and diesel by Re 1 per liter across Maharashtra from midnight.

10 Oct 2017 4:46 PM IST

Prior to the December 1 price change, rates were hiked by Rs 1.46 a litre in the case of petrol and Rs 1.53 per litre for diesel, excluding local levies, on November 16.

In Gujarat, petrol will cost Rs 66.53, diesel Rs 60.77 a litre from...

State cuts value added tax by 4 per cent on essential fuels after Centre slashed excise duty by 2 per cent.

10 Oct 2017 2:33 PM IST

Finance Minister Arun Jaitley said that the government gave opportunity to people to come clean about their accounts held abroad. (Photo: Twitter/ANI)

Jaitley urges states to slash VAT on petrol, diesel to counter price...

Petrol price rose by Rs 7.8 since early July to reach over three-year high of Rs 70.88 a litre in Delhi.

4 Oct 2017 8:16 PM IST

The daily change in prices of petrol and diesel across the country follows the success of a pilot implementation in five cities.

Petrol price down Rs 2.5 a litre, diesel by Rs 2.25

On petrol, excise has been cut to Rs 19.48 per litre from Rs 21.48 per litre and on diesel to Rs 15.33 a litre from Rs...

4 Oct 2017 2:04 PM IST

The price of petrol in Delhi climbed to Rs 75.71 per litre from Rs 75.55 and diesel to Rs 67.50 a litre from Rs 67.38.

Fuel prices continue to decline on Tuesday

The petrol price in Delhi was revised to Rs 81.34 per litre, while that in Mumbai was Rs 86.81 per litre.

23 Oct 2018 11:26 AM IST

File image of a man counting cash at a petrol pump.

Diesel price continues to rise, petrol stagnant

Diesel in Delhi is being retailed at Rs 75.46 per litre and Rs 77.31 per litre in Kolkata.

15 Oct 2018 10:59 AM IST

IOCs current capacity stands at about 1.62 million bpd including 230,00 bpd controlled by its subsidiary Chennai Petroleum Corp.

Govt may not burden OMCs further with fuel subsidy

The market capitalisation of six large oil companies has falled by Rs 1.2 lakh crore.

12 Oct 2018 8:57 AM IST

Petroleum ministry has been demanding to bring petrol and diesel on GST to give relief to consumers from high prices.

Petrol price dips below Rs 74 mark, diesel wipes off all hike

Petrol price in Mumbai today stood at Rs 79.12 per litre and diesel was priced at Rs 71.71.

28 Nov 2018 2:19 PM IST

Petrol pump employees at a fuel station during a strike called by Delhi Petrol Dealers Association for reduction in VAT in New Delhi. (Photo: Bunny smith)

Global fall may bring petrol, diesel prices at same level soon

Petrol is being retailed in Delhi at Rs 76.38 a litre while diesel at Rs 71.27 a litre.

21 Nov 2018 10:52 AM IST

India has the highest retail prices of petrol and diesel among South Asian nations.

No excise duty cut on petrol, diesel for now, says DEA Secretary

State oil firms have not revised petrol and diesel price for almost a week now.

30 April 2018 5:54 PM IST

India has the highest retail prices of petrol and diesel among South Asian nations.

Govt's tacit diktat: Petrol price shouldn't breach Rs 75 in Delhi

In all, Rs 11.77 hiked duty on petrol per litre and that on diesel by 13.47 a litre.

13 April 2018 9:22 AM IST

India has the highest retail prices of petrol and diesel among South Asian nations.

Oil companies say no directive from govt to defer price hike

Shares of IOC fell as much as 7.6 per cent after the news of government asking oil firms to not raise prices broke.

11 April 2018 7:45 PM IST