Mon, Mar 09, 2020
In Delhi, petrol prices dropped to Rs 70.59 a litre, the lowest since early July 2019, and diesel rate were cut to Rs 63.26, according to a price notification of state-owned firms. Fuel prices have been on the decline since Februray 27 on international trends. Petrol prices have in all fallen by Rs 1.42 a litre since then and diesel rates have dropped by Rs 1.44 per litre.
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Mon, Sep 24, 2018
On Friday, Petrol price crossed the Rs 90-mark in Mumbai as a dip in the value of rupee and rise in international oil prices pushed rates across the country to new all-time high.
As petrol, diesel prices skyrocket, rupee keeps plunging to new lows, the government is thinking of taking a massive step. India, the world`s third-biggest oil importer, is considering reducing oil purchases to mitigate the pain of high crude prices and the declining rupee, said two sources at different Indian refineries with direct knowledge of the matter.
Fri, Sep 14, 2018
Jet Airways has announced major triggers and initiatives taken for cost cutting, debt reduction and funding options. The airline also stated intention of a capital infusion, monetization of assets along with stake sale in its Loyalty programme.
Thu, Sep 13, 2018
Even as petrol and diesel prices continue to soar, worries about falling revenues and impact on the country’s fiscal deficit, which the officials say, is holding back the government from cutting taxes on fuel.
Sat, Sep 08, 2018
Demanding rollback of the increase in prices, the AIMTC said it was hitting them adversely while the Centre has become a mute spectator.
Mon, May 28, 2018
The rise in petrol, diesel prices has been the outcome of higher global crude prices, which have soared to near $80 per barrel and depreciating Indian currency against US benchmark dollar index.
Wed, May 23, 2018
While the fuel rates have been freed from government control, there is no doubt in anyone's mind that it can ask oil companies to freeze or roll-back prices. However, what it can definitely do is reduce the excise duty on the fuels. Alternatively, it can bring the two fuels under the ambit of goods and services tax (GST).
Thu, Mar 01, 2018
Petrol prices on Thursday stood at Rs 71.57 per litre in New Delhi, Rs 74.32 per litre in Kolkata, Rs 79.45 per litre in Mumbai and Rs 74.21 per litre in Chennai.
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