Diesel | The Asian Age

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A sharp fall in the value of the Indian rupee and soaring oil prices led to record high pump prices of diesel and petrol.

Record fuel prices hit Indian petrol, diesel demand in Sept

Lower local sales of petrol and diesel curbed growth in India’s overall fuel demand to 1.1 per cent in Sept.

13 Oct 2018 10:21 AM

Petrol is retailed at Rs 87.82 and diesel is sold at Rs 78.22 in Mumbai.

Fuel prices continue to rise, petrol costs Rs 87.82/ litre in Mumbai

Petrol and diesel rates being hiked by 10 paise and 27 paise respectively in Delhi.

11 Oct 2018 11:05 AM

The central government currently charges 14 per cent excise duty on ATF. (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

The government on Friday cut excise duty on petrol and diesel by Rs 1.5 a litre, sacrificing Rs 10,500 crore revenue in the current financial year.

Fuel excise duty cut credit negative: Moody’s

Excise duty cuts on auto fuel reduce govt revenue and increase fiscal deficit by 0.1 pc to 3.4 pc of GDP in FY19.

10 Oct 2018 12:55 PM

For 2018-19, Rs 52,494 crore has been budgeted as dividend from all PSUs, which is lower than the Rs 54,810 crore revised estimates of 2017-18.

OMCs will continue to bleed as govt rules out dividend relief

Reduction in dividend from oil marketing companies, cut in subsidies, lesser disinvestment revenue.

10 Oct 2018 10:58 AM

Jaitley accused the government critics of doing a 'volte face' by terming the cut in petrol and diesel prices.

Petrol price cut: Jaitley questions Rahul Gandhi’s commitment, allies

Non-BJP non-NDA States have refused to pass on any benefit to the consumer.

06 Oct 2018 3:19 PM

Fuel-price reduction also highlights the regulatory risks for Indian OMCs as a result of rising crude oil prices and the weakening rupee

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.

05 Oct 2018 4:43 PM

Central government had raised excise duty on petrol by Rs 11.77 a litre and that on diesel by Rs 13.47 a litre.

Oil Minister meets Arun Jaitley as fuel prices touch new high

Petrol prices were on Thursday hiked by 15 paise a litre and diesel by 20 paise.

04 Oct 2018 1:56 PM

In Delhi a litre of petrol costs Rs 83.49, while the fuel was purchased at Rs 86.80 per litre in Chennai. In Kolkata, the fuel was sold at Rs 85.30 per litre.

Petrol prices at record high, crosses 91 mark in Mumbai

A litre of petrol was being sold at Rs 91.08 in the financial capital of the country.

01 Oct 2018 9:36 AM

Diesel prices also touched a historic high on Saturday.

Fuel prices continue to touch new heights, petrol costs Rs 90.75/ litre in Mumbai

Prices of petrol rose in New Delhi too, where the fuel is being retailed at Rs 83.40 per litre.

29 Sep 2018 11:05 AM

As per India’s pricing mechanism, the demotic fuel prices depend upon the international fuel prices on a 15-day average and the value of the Indian rupee.

Petrol, diesel continue to touch new height

A litre of petrol has touched at Rs 90.57 (increased by Rs 0.22) per litre in Mumbai.

28 Sep 2018 2:07 PM

Fuel station of public sector oil retailers have already started the process of calibrating their dispensing machines to take care of three digit petrol prices.

Rs 100 per litre petrol may become reality this New Year

Every Rs 1 fall in its exchange rate against dollar will add another 65 paisa to pump prices of auto fuels.

27 Sep 2018 8:32 AM

Rising crude prices and the recent 10 per cent slide in the rupee has translated into higher fuel prices for consumers.

Govt may seek to control retail fuel prices to cushion inflationary shocks

About 30-40 per cent of current retail fuel prices in India are composed of federal and state taxes.

25 Sep 2018 8:25 AM

In Delhi a litre of petrol costs Rs 82.72, while the fuel was purchased at Rs 85.99 per litre in Chennai. In Kolkata, the fuel was sold at Rs 84.54 a litre. (Photo: File)

Petrol prices continue to surge, breaches Rs 90-mark in Mumbai

A litre of petrol was being sold at Rs 90.08 in Mumbai, Indian Oil Corporation (IOC) stated.

24 Sep 2018 10:04 AM

The government blamed the high pump prices on the rising cost of crude oil and a weakening rupee.

As petrol prices sky-rocket, Indians look for ways to ease the pain

Protests against high petrol and diesel prices paralysed many parts of India earlier this month.

20 Sep 2018 11:54 AM

Petrol in Delhi now costs Rs 82.16 per litre and diesel is priced at Rs 73.87 a litre.

Petrol, diesel rates scale new highs after a day’s break

In Mumbai, petrol priced touched an all-time high of Rs 89.54 per litre.

19 Sep 2018 10:36 AM

The surge in fuel prices has affected people in Mumbai the most, with petrol retailing at Rs 89.54 per litre and diesel at Rs 78.42 per litre.

Fuel prices hike again, petrol threatens to touch Rs 90 mark in Mumbai

The constant rise in fuel prices is strengthening citizens' demand for government's intervention in the matter.

18 Sep 2018 1:36 PM

Centre is also failing miserably to get all states to agree for VAT cut on the two petroleum products.

Petrol prices rule high as govt stubborn on fiscal target

Centre collected a staggering Rs 2,29,019 crore as excise revenue from the petroleum sector in FY18.

18 Sep 2018 10:53 AM

The Union Government has also been facing flak in the past few weeks for not implementing stringent measures to curb prices. (Representational Image)

No respite from fuel price rise, petrol inches closer to Rs 90 in Mumbai

The constant rise in fuel prices is strengthening citizens' demand for government's intervention in the matter.

18 Sep 2018 9:57 AM

Karnataka Chief Minister HD Kumaraswamy announced the decision to cut petrol and diesel prices by Rs 2 per litre. (Photo: Twitter | ANI)

Amid rise in fuel costs, Karnataka cuts petrol, diesel prices by Rs 2/ litre

Kumaraswamy said he hoped that the reduction in fuel prices in Karnataka will give some relief to consumers.

17 Sep 2018 11:39 AM

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Sanjeev Ahluwalia