Tag: Diesel

New Delhi: Finance Minister Arun Jaitley on Friday parried questions on whether the government was considering a cut in taxes on imported crude to bring down the prices of petrol and diesel. “It was not in the agenda,” he said at a media briefing to a question on whether the government was considering any relief […]

Jaipur: Rajasthan Chief Minister Vasundhara Raje on Sunday announced that the state will reduce Value Added Tax (VAT) on diesel and petrol prices by four per cent. She said that while VAT on petrol was 30 per cent, it was 22 per cent on diesel, she said. With the reduction, petrol and diesel prices will […]

New Delhi: As petrol and diesel prices hit new highs on Monday, former Union Finance Minister P. Chidambaram said the Centre and states must act together to bring petrol and diesel under GST immediately. “Relentless rise in prices of petrol and diesel is not inevitable. Because the price is built up by excessive taxes on […]

New Delhi: Prices of petrol and diesel fell around nine paise in the four metro cities on Saturday. In the national capital, petrol was sold at Rs 78.20 per litre, down from Rs 78.29 on Friday, data on the Indian Oil Corp’s website showed. In Mumbai and Chennai, petrol prices were at Rs 86.01 and […]

  Thiruvananthapuram: The Kerala government on Wednesday announced reduction of Rs 1 per litre in the price of petrol and diesel from Friday, in a bid to bring some relief to the people hit by rising fuel costs. Addressing reporters here after the weekly Cabinet meeting, Chief Minister Pinarayi Vijayan said, “The state government has […]

Shimla: The Congress government in poll-bound Himachal Pradesh on Tuesday reduced the value-added tax (VAT) on petrol and diesel by one percent. A decision in this regard was taken at a cabinet meeting chaired by Chief Minister Virbhadra Singh here. After Gujarat and Maharashtra, Himachal became the third state to slash VAT on prices of […]

Kolkata: Calling for a 36 hour nationwide strike starting from 8 a.m. of October 9, truck owners and operators on Saturday protested against the disruptive policies under Goods and Services Tax (GST) and demanded the inclusion of diesel in the new indirect tax’s ambit. “The post GST scenario has critically impaired the transport trade. The […]

Gandhinagar: Union Petroleum Minister Dharmendra Pradhan on Saturday batted for including petroleum products under the Goods and Services Tax (GST) regime “in people’s interest”, even as he insisted petrol and diesel prices had started plummeting over few days. Pradhan told reporters on the sidelines of an official function here that the Central government had asked […]

Mumbai: State-run Indian Oil Corp. on Thursday said it has successfully tested all protocol systems related to dealers and customers to ensure a successful roll out of the daily dynamic pricing structure for petrol and diesel prices from June 16. Petrol and diesel prices will be revised daily from June 16 onwards by the three […]

New Delhi: Petrol price will be up by Rs 1.39 per litre, while diesel price will go up by Rs 1.04 per litre from Sunday, the Indian Oil Corporation announced on Saturday. “The current level of international product prices of Petrol and Diesel and INR-USD exchange rate warrant increase in selling price of petrol and […]

Bhubaneswar: The ruling BJD in Odisha today staged demonstrations in all the districts to protest against fuel price hike on June 15 by the Centre. The BJP, on the other hand, attacked the state government for imposing high tax on petrol and diesel leading to price rise of essential commodities. Congress, meanwhile, held both the […]

Petrol price was today hiked by 64 paise a litre, but diesel price was cut by Rs 1.35 per litre in line with trend in global oil rates

New Delhi: The government will sell its 10 per cent stake in blue-chip Indian Oil Corporation (IOC) and 5 per cent in power producer NTPC to mop up about Rs 13,600 crore in this fiscal’s first disinvestment approval. The approvals are part of Rs 41,000 crore disinvestment target for the current financial year. Buoyed by […]

Petrol price was on Friday cut by Rs 2.42 per litre and diesel by Rs 2.25 a litre after an excise duty hike limited the benefit of global crude prices slumping to six-year low

Petrol and diesel prices were on Monday cut by Rs 2 per litre each as international oil prices slumped to five-year low