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Noted economist Rajiv Kumar interacts with the the media after taking charge as the Vice-Chairman of NITI Aayog, in New Delhi. (Photo: PTI)

Excise duty cut to spur demand, jobs: Rajiv Kumar

Government on Tuesday cut excise duty on petrol and diesel by Rs 2 per litre.

5 Oct 2017 9:42 AM 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

A petrol pump attendant

Petrol, diesel to go cheaper as excise duty cut by Rs 2 a litre

Cut in excise on diesel and petrol will cost government an additional burden of Rs 26,000 crore in a full year.

3 Oct 2017 7:48 PM IST

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

Govt non-committal on cutting excise duty on petrol, diesel

After the cut, petrol price came down to Rs 68.38 per litre and diesel to Rs 56.89 in Delhi on October 4.

9 Nov 2017 7:41 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.

No respite for consumers as fuel prices witness fresh hike

Arun Jaitley had earlier announced a cut of Rs 2.50 per litre on both petrol and diesel prices.

12 Oct 2018 3:16 PM IST

ATF accounts for a substantial chunk of the operational expenses incurred by airlines.(Representational Image)

Excise duty on aviation turbine fuel lowered to 11 per cent

Jet fuel was priced at Rs 47,013 per kl in July last year and has risen by 58.6 per cent since then.

11 Oct 2018 8:54 AM IST

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

Fitch said govt move on fuel prices to impact profitability of OMCs

The government reduced the prices of petrol and diesel by Rs 2.50 per litre on October 4, 2018.

5 Oct 2018 4:43 PM IST

Finance Minister Arun Jaitley clarified confusions posed due to allegations on the Rafale aircraft deal saying the government has maintained complete transparency in the matter and the negotiations have helped bring down the costs of the fighter jets. (Photo: ANI)

Petrol, diesel prices cut by Rs 2.50 after excise reduction; oil cos...

Excise duty cut would have an impact of Rs 10,500 crore on central government's tax revenues.

4 Oct 2018 3:49 PM IST

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

India's oil ministry seeks cut in excise duty on petrol, diesel in...

A litre of petrol costs 72.23 rupees while diesel is sold at 63.01 rupees.

23 Jan 2018 11:18 AM IST

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

Diesel prices at record Rs 61.74 per litre, petrol crosses Rs 71 per...

Petrol price rose to Rs 71.18 per litre in Delhi on Monday, the highest since August 2014.

15 Jan 2018 5:16 PM 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.

FM won't favour cut in fuel duty

There has been growing demand to cut excise duty to provide some relief to the general public reeling under high fuel...

24 April 2018 1:18 AM IST