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Not opposed to petrol & diesel but we need to be more responsible towards environment & citizens: Nitin Gadkari

Not opposed to petrol & diesel but we need to be more responsible towards environment & citizens: Nitin Gadkari

Tue, Sep 10, 2024

Union Minister Road Transport and Highways Nitin Gadkari has said that the central government is not against the use of non-renewable fuels but its responsibility towards the people of the country and the environment inspires it to promote electric vehicles (EVs).

Is the sugar industry ready for supply?

Is the sugar industry ready for supply?

Tue, Aug 13, 2024

After petrol, now ethanol will be available in diesel! Is the sugar industry ready for supply? What will be the impact on sugar prices? Watch Zee Business' exclusive conversation with Atul Chaturvedi, Executive Chairman, Shree Renuka Sugars.

Sugar shares in focus, which companies will get the benefit?

Sugar shares in focus, which companies will get the benefit?

Tue, Aug 13, 2024

Sugar shares in focus, government plans to blend 5% ethanol in diesel also, the target of 20% ethanol blending may be achieved before time, know which companies will get the benefit?

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Petrol, diesel prices cut by as much as Rs 5; see what Arun Jaitley said

Petrol, diesel prices cut by as much as Rs 5; see what Arun Jaitley said

Thu, Oct 04, 2018

Finance Minister Arun Jaitley today announced a Rs 2.50 a litre cut in petrol and diesel prices, factoring in excise duty reduction of Rs 1.50 per litre and asking oil companies to absorb another Re 1. He also asked state governments to follow suit by cutting a sales tax or VAT by a similar amou

Unbelievable, but petrol, diesel prices can fall by Rs 5! However, there is a catch! Modi govt not to interfere

Unbelievable, but petrol, diesel prices can fall by Rs 5! However, there is a catch! Modi govt not to interfere

Thu, Oct 04, 2018

Petrol price hike: Arun Jaitley said that Modi government cannot force a decision on the states and that they are free to take any decision they choose.

Four cities selling diesel priced higher than Mumbai; are you paying hefty price? Find out

Four cities selling diesel priced higher than Mumbai; are you paying hefty price? Find out

Mon, Sep 24, 2018

Mumbai diesel prices are still low compared to above Patna and Trivandrum, despite this capital of Maharashtra charging you highest Value Added Tax (VAT) after Telangana and Odisha.

Festive shopping? This thing is killing shoppers' buying cheer

Festive shopping? This thing is killing shoppers' buying cheer

Mon, Sep 17, 2018

Due to petrol and diesel prices, many citizens are now being forced to take measures in order to manage their festival expenses.

Petrol price in India today: Check rates in Delhi, Mumbai - No respite! Fuel prices continue to rise

Petrol price in India today: Check rates in Delhi, Mumbai - No respite! Fuel prices continue to rise

Sun, Sep 16, 2018

Petrol price in India today: In Mumbai, the petrol is being sold at Rs 89.29/litre (increase by Rs 0.28/litre) and diesel at Rs 78.26/litre (increase by Rs 0.19/litre).

Petrol price up by 14 paise, diesel up by 15 paise a litre today

Petrol price up by 14 paise, diesel up by 15 paise a litre today

Tue, Sep 11, 2018

In Mumbai, petrol is being sold for Rs 88.26 per litre while diesel is being retailed for Rs 77.47 a litre today.

How petrol, diesel price hikes have hit Mumbaites; check full list of veggies, fruits rates

How petrol, diesel price hikes have hit Mumbaites; check full list of veggies, fruits rates

Mon, Sep 10, 2018

Not only potatoes, other vegetables' prices have shot up by up to 15-25 per cent.

Petrol price today: In Delhi, Mumbai and other cities, no respite in sight! Details here

Petrol price today: In Delhi, Mumbai and other cities, no respite in sight! Details here

Sat, Sep 08, 2018

Petrol price hike: The oil marketing companies raised petrol prices by 39 paise a litre and diesel by 44 paise per litre on Saturday.

Fuel on fire: Petrol, diesel prices at record-high as rupee plunges against dollar

Fuel on fire: Petrol, diesel prices at record-high as rupee plunges against dollar

Mon, Sep 03, 2018

A litre of petrol in Mumbai costs Rs 86.56 on Monday, while a litre of diesel now costs Rs 75.54 per litre in the financial capital.

Per capita petrol consumption in India: Goa is crowned king

Per capita petrol consumption in India: Goa is crowned king

Tue, Jul 17, 2018

Per capita petrol and diesel consumption in Goa is many times more than the national average. According to oil ministry data per capita sales of petrol in Goa was 119.7 kg in 2017-18, which is six times the national average of 19 kg.

Will inclusion of petrol, diesel in GST net bring uniformity in taxation?

Will inclusion of petrol, diesel in GST net bring uniformity in taxation?

Sun, Jul 01, 2018

The demand to bring petroleum products under the ambit of the goods and services tax (GST) has been raised by different segments, with the skyrocketing prices of petrol and diesel. Experts opine that the government should take steps to include petroleum products under GST in the current financial year, but this needs a strong will power on the part of the government because these products have cascading effect and half-hearted approach, just to placate people, will not serve the purpose.

Bringing petrol and diesel under GST impractical: NITI Aayog Vice Chairman

Bringing petrol and diesel under GST impractical: NITI Aayog Vice Chairman

Mon, Jun 25, 2018

Petroleum is the taxation milch cow for the central and the state governments and it is unlikely to be brought under the Goods and Services Tax (GST) any time soon.

Petrol, diesel prices row: Reduction in duties best solution to check rates, says Assocham

Petrol, diesel prices row: Reduction in duties best solution to check rates, says Assocham

Fri, Jun 08, 2018

Reducing taxes is the best solution to check the spurt in fuel prices which would also tremendously help India on the exports front, industry body Assocham said today. It will make India's exports competitive, bring down current account deficit and we may also no longer see the rupee depreciating, Assocham Secretary General D S Rawat said in a statement released here.

Petrol price cut for first time after 16 days' aggressive hikes

Petrol price cut for first time after 16 days' aggressive hikes

Wed, May 30, 2018

After 16 days of consecutive price hikes, petrol and diesel prices were today cut by 60 paise a litre and 56 paise per litre, on the back of softening international oil rates and strengthening Indian rupee.

IOC website makes clerical error, petrol, diesel prices actually cut by just 1 paisa each

IOC website makes clerical error, petrol, diesel prices actually cut by just 1 paisa each

Wed, May 30, 2018

A huge mistake by IOC website created havoc in the markets today. It was announced in early morning by IOC that petrol, diesel prices have been cut after weeks of hikes.

Petrol price in this country is so low, it will bring tears to your eyes

Petrol price in this country is so low, it will bring tears to your eyes

Tue, May 29, 2018

The differences in prices across the countries are due to various taxes and subsidies imposed by the government on petrol and other products. All countries have access to the same petroleum prices, but they impose different taxes and as a result petrol prices differ from country to country. Oil producers have the best time, but even here prices depend on what the government wants.

Oil sinks further as OPEC and Russia look to raise output

Oil sinks further as OPEC and Russia look to raise output

Mon, May 28, 2018

The Organization of the Petroleum Exporting Countries (OPEC) and other producers led by Russia began withholding 1.8 million barrels per day (bpd) of supplies in 2017 to tighten the market and prop up prices that in 2016 fell to their lowest in more than a decade at less than $30 a barrel.

Petrol, diesel price hikes: Centre open to bringing fuel under GST

Petrol, diesel price hikes: Centre open to bringing fuel under GST

Fri, May 25, 2018

Finance Minister Goyal said the government was concerned about the rise in fuel prices and the issue of bringing it under the ambit of GST had repeatedly come under discussion. "There will be more discussion on the issue during the next GST Council meet. All decisions are taken with consensus among all states.

Bring petrol, diesel prices under GST, says Maharashtra CM Devendra Fadnavis

Bring petrol, diesel prices under GST, says Maharashtra CM Devendra Fadnavis

Thu, May 24, 2018

Petrol and diesel prices were raised for the 11th day in succession today as the state-owned oil firms gradually passed on to the consumer the increased cost of international oil that had accumulated since a 19-day freeze was imposed just before Karnataka elections.

Petrol, diesel price hikes: Centre mulling immediate solution, says Pradhan

Petrol, diesel price hikes: Centre mulling immediate solution, says Pradhan

Thu, May 24, 2018

Union Oil Minister Dharmendra Pradhan said the central government had in October last year reduced the excise on fuel by Rs 2 per litre keeping in view the interest of the poor people. This time the Centre is looking at both short and long term solutions, he said. On the reason behind the rise of petrol and diesel prices in India Pradhan said, "The political difference between two oil producing countries Iran and Venezuela has been a major cause behind the rise in the price of fuel in the international market."

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