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

Windfall oil tax on ONGC in offing to soften fuel prices

The Centre levies Rs 19.48 as excise duty on a litre of petrol and Rs 15.33 on diesel.

24 May 2018 1:14 PM IST

Congress leader P Chidambaram on Friday criticised the Election Commission saying that by not announcing the Gujarat poll schedule, it has authorised Prime Minister Narendra Modi to declare the dates at his last rally, after all freebies for the state were doled out. (Photo: PTI)

Govt can reduce petrol price up to Rs 25 but won't do, says...

In a series of tweets, the former finance minister said the bonanza to central government is Rs 25 on every litre of...

23 May 2018 1:16 PM IST

The retail prices of diesel and petrol are the lowest in Delhi, among Indias key metropolitan cities. (Representational Images)

Petrol price slashed to its lowest level in 2018, diesel rates at...

Petrol price on Sunday was cut by 22 paise per litre while diesel rates were reduced by 23 paise to nine-month low.

30 Dec 2018 2:18 PM IST

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

Petrol costs Rs 34 per litre before tax, dealer commission in NCR

On December 19, the retail price of petrol was Rs 70.63 a litre.

21 Dec 2018 5:43 PM IST

Rising oil prices could cause significant inflation, dampen economic growth and alter geopolitics in multiple ways this year.

Petrol, diesel prices unlikely to flare up ahead of 2019 polls

OMC didn't cut rates in real terms during recent softening of crude prices to build a buffer.

14 Dec 2018 9:57 AM IST

The Cabinet on Wednesday approved the National Policy on Biofuels which allows doping of ethanol produced from damaged foodgrains, rotten potatoes, corn and sugar beet with petrol to cut oil imports by Rs 4,000 crore this year alone.

Steps to deal with rising petrol, diesel prices likely this week

The prices in Delhi are the cheapest among all metros and most state capitals.

22 May 2018 4:26 PM IST

The Cabinet on Wednesday approved the National Policy on Biofuels which allows doping of ethanol produced from damaged foodgrains, rotten potatoes, corn and sugar beet with petrol to cut oil imports by Rs 4,000 crore this year alone.

Congress slams Centre for hike in fuel prices

The fuel prices increased after the Karnataka Assembly polls and in Mumbai they are Rs 84 per litre the highest.

22 May 2018 2:52 AM IST

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

Fuel on fire: Oppn, citizens slam one paisa petrol cut, demand...

Sitaram Yechury also suggested that Prime Minister Narendra Modi should follow Kerala's example and reduce the duties on...

30 May 2018 9:21 PM IST

The Cabinet on Wednesday approved the National Policy on Biofuels which allows doping of ethanol produced from damaged foodgrains, rotten potatoes, corn and sugar beet with petrol to cut oil imports by Rs 4,000 crore this year alone.

60 paise to 1 paise, petrol price cut sets social media on fire

Petrol and diesel prices have been sailing northwards for the past two weeks and today was the first time that the...

30 May 2018 7:21 PM IST

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

Kerala govt to cut taxes on petrol and diesel to reduce prices

Kerala's move could put pressure on other states, mostly ruled by Narendra Modi's Bharatiya Janata Party, to reduce...

30 May 2018 5:00 PM IST

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

Kerala to reduce fuel cost by Re 1, rest of India gets paltry 1 paisa...

With this, Kerala becomes the first state to announce a cut in fuel prices.

30 May 2018 4:29 PM IST

Sources at the National Aviators Guild (NAG), the pilots union of Jet Airways, said the bond requirement has been communicated to the junior pilots. (Photo: Representational/PTI)

Sebi seeks information from Jet Airways following complaint of fraud

The regulator also sought the views/recommendations of the statutory auditors and the audit committee of the company on...

30 May 2018 12:29 PM IST