Fuel Prices | The Asian Age

Tuesday, Apr 23, 2024 | Last Update : 05:44 PM IST

fuel prices Page-7

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 on Friday.

Reduce oil duties to check fuel price rise, says Assocham

Over Rs 19 per litre is added to the cost on account of excise duty levied by the Centre.

08 Jun 2018 12:17 PM

India saw the slowest improvement in the health of the overall economy since February in May.

India services PMI contracts in May; falls to 3-month low

Nikkei India Services Business Activity Index fell to 49.6 in May from 51.4 in April.

05 Jun 2018 12:20 PM

ONGC logged a Rs 4,000 crore loss on natural gas output in the fiscal year ended March 31, 2018.

ONGC logs Rs 4,000 cr loss on gas production due to cap on prices

Natural gas constitutes around 45 per cent of ONCG's total crude oil and natural gas production volume.

03 Jun 2018 12:14 PM

Bitter 1p fuel cut joke

The Kerala government, however, showed the way forward by sacrificing one rupee a litre.

01 Jun 2018 12:42 AM

Petrol fetched Rs 78.42 in Delhi while in Mumbai it was sold for Rs 86.23 per litre today. Meanwhile, diesel costed Rs 69.30 in Delhi and Rs 73.78 in Mumbai. (Representational Image)

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

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

30 May 2018 9:21 PM

From 'petrolled' to 'fuelonfire', social media users had a field day on Wednesday with hash tags as petrol and diesel prices were cut by just one paisa.

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 prices were cut.

30 May 2018 7:21 PM

Kerala will cut taxes on gasoline and gasoil to reduce retail fuel prices by 1 rupee per litre from June 1, Finance Minister Thomas Issac told television channel CNBC 18.

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 taxes.

30 May 2018 5:00 PM

Petrol and diesel prices are witnessing an all-time high, rising every day for the last 15 days. (Representational Image/PTI)

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

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

30 May 2018 4:29 PM

Markets regulator Sebi has sought information from Jet Airways following a complaint of alleged fraudulent practices. (Photo: 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 the same.

30 May 2018 12:29 PM

Singapore Airlines Ltd said it would launch the world’s longest commercial flight in October, a near-19 hour non-stop journey from Singapore to the New York area.

Singapore Airlines to launch world's longest commercial flight

The Singapore-Newark flight marks the return of a popular route for Singapore Airlines.

30 May 2018 12:22 PM

Not 60 but 1 paisa: Indian Oil revises petrol, diesel prices within hours

Petrol and diesel prices were cut down by 1 paisa in Mumbai and Delhi today.

30 May 2018 8:59 AM

Hardening domestic fuel prices are likely to weigh on the Reserve Bank's rate setting panel, MPC, at its 3-day meet from June 4.

Fuel prices to weigh on RBI's MPC 3-day meet from June 4

The domestic retail petrol and diesel prices are at all time high on account of rise in crude oil prices.

29 May 2018 5:13 PM

The oil ministry has given its in-principle approval for futures trading in petrol as well as diesel and the final clearance from regulator Sebi should come soon.

Oil ministry gives in-principle nod to launch petrol, diesel futures: ICEX

The decision was taken by the ministry after consultations with oil marketing companies and other experts.

28 May 2018 7:23 PM

SBI economic body suggests measures to reduce fuel prices

The rising fuel price has become a matter of concern for the general public.

28 May 2018 6:52 PM

Icra on Monday lowered credit ratings on Jet Airways' short-term and long-term loan facilities citing weakened financial performance as the airline is unable to pass on rise in jet fuel prices to the customers.

Icra lowers ratings on Jet Airways' loan facilities

Continued support from Etihad Airways is fundamental towards turning Jet Airways around and improving its liquidity profile.

28 May 2018 5:36 PM

Cost of diesel per liter has also been increased and the revised prices in Delhi are Rs 69.17 and Mumbai Rs 73.64 per litre.

Fuel prices surges for 15th day, touches Rs 78. 27 in Delhi

Hike in crude oil price in the international market are some of the factors affecting the fuel price.

28 May 2018 9:34 AM

Bihar Deputy Chief Minister Sushil Kumar Modi said, 'It is a big misconception that price of petroleum products will be reduced significantly if they are brought under GST ambit.' (Photo: File/PTI)

GST on petroleum products will not control prices: Bihar Dy CM

He said that the issue of whether or not to include petroleum products under GST will be decided by the GST Council.

27 May 2018 10:32 AM

The Sena took to the streets, that too on horseback, to protest soaring fuel prices.

Shiv Sena demands reduction in taxes

In Amaravati, horse-borne Sena leaders took to the streets to protest rising fuel prices.

26 May 2018 2:10 AM

Fuel prices will come down once the Centre builds a consensus to bring petrol and diesel under the Goods and Services Tax (GST), Maharashtra Chief Minister Devendra Fadnavis said on Thursday.

Bringing petrol, diesel under GST will lower prices, says Fadnavis

The central government levies Rs 19.48 excise duty on a litre of petrol and Rs 15.33 on diesel.

24 May 2018 2:41 PM

On May 14, rates have gone up by Rs 2.84 a litre in case of petrol and Rs 2.60 in diesel.

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

7 of 8

Columns

Aakar Patel