Petrol | The Asian Age

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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

The court, thereafter, directed the central government to decide the representation within four weeks and listed the matter for hearing on November 16. (Photo: PTI)

Delhi HC declines to interfere with fuel price issue, says its economic policy decision

A bench of Chief Justice Rajendra Menon and V K Rao made it clear it was not inclined to interfere with govt's decision.

12 Sep 2018 12:47 PM

Nitin Gadkari said, switching to ethanol, methanol, bio-fuel and CNG will cut down dependence on petroleum and reduce the prices of petrol and diesel. (Photo: File | PTI)

Diesel at Rs 50 per litre, petrol Rs 55 if plants become functional: Nitin Gadkari

Nitin Gadkari said use of alternative fuels will cut down our dependence on petrol and diesel.

11 Sep 2018 3:29 PM

Govt was spreading "misleading information" by connecting the rising fuel prices here with the global increase in the rate of crude oil.

PIL in Delhi High Court against daily change in fuel prices

A bench of Chief Justice Rajendra Menon and Justice V K Rao, which allowed it to be listed for hearing on Wednesday.

11 Sep 2018 3:28 PM

Both the petrol and diesel prices saw hike of 14 paise per litre in Delhi.

Fuel prices continue the upward march

In Mumbai, petrol and diesel have touched a new high of Rs 88.26 and Rs 77.47 per litre.

11 Sep 2018 10:07 AM

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

Govt rules out excise duty cut as fuel prices hit fresh high

A one rupee per litre cut in taxes would result in revenues being hit by Rs 30,000 crore on an annualised basis.

11 Sep 2018 8:42 AM

With India being a large importer of crude oil, the currency depreciation does have an impact on the landed prices.

Petroleum prices rising due to global factors: ASSOCHAM

The major factor for rising prices of petrol and diesel is the global macro situation, impacting the entire pack of Emerging Markets.

10 Sep 2018 1:12 PM

Since mid-August, petrol price has risen by Rs 3.24 a litre and diesel by Rs 3.74 per litre.

Petrol price in Delhi crosses Rs 80 mark, diesel at highest ever

Petrol price was Saturday raised by 39 paise a litre and diesel by 44 paise per litre.

08 Sep 2018 2:14 PM

The rising fuel prices have triggered a political debate, with the Congress announcing a nation-wide shutdown on September 10.

Rising fuel prices: TN Govt says onus on Centre to cut taxes

The Centre has said it will not cut excise duty on petrol and diesel to cushion the spiralling prices.

07 Sep 2018 1:59 PM

In Mumbai, Kolkata and Chennai petrol cost Rs 87.39, Rs 86.41and Rs 83.13 per litre respectively.

Fuel prices continue to rise, petrol costs Rs 87.39 per litre in Mumbai

The price of petrol has been increased by 48 paise per litre, while diesel saw a hike of 52 paise per litre

07 Sep 2018 9:49 AM

Centre’s excise collection from petroleum sector has actually fallen marginally in FY18 to Rs 2,29,019 crore in FY17 from Rs 2,42,691 crore.

No relief on fuel prices soon, worse ahead likely

Petrol and diesel rates reached fresh highs on Tuesday commanding a price of Rs 79.31 and Rs 71.34 a litre in Delhi.

05 Sep 2018 8:20 AM

A litre of petrol in Mumbai costs Rs 86.56 on Monday.

Petrol, diesel prices at highest-ever levels on rupee woes

Petrol price in Delhi rose to a record Rs 79.15 a litre and diesel climbed to a fresh high of Rs 71.15.

03 Sep 2018 11:32 AM

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Shobhaa De