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Tag: Diesel

Petrol, diesel prices continue to fall as global crude rates ease

New Delhi: State-run oil marketing companies continued to cut the prices of key domestic transport fuels — petrol and diesel — well into the second week on Sunday on lower global crude oil prices. According to the Indian Oil Corp data, petrol was priced at Rs 80.05 per litre in the national capital on Sunday. Across […]

Petrol, diesel prices likely to ease further

New Delhi: With transport fuel prices on a downward trend for over a week, an official source said on Friday that the reductions were a result of falling global crude oil prices and the rupee’s appreciation against the US dollar and that prices were expected to soften further in the coming days. Under the daily […]

After excise cut, fuel prices again on upswing

New Delhi: Petrol and diesel prices witnessed an increase across the four metro cities on Sunday, two days after the government announced an excise duty cut on the fuel to give relief to the common man. In the national capital, petrol was priced at Rs 81.82 per litre, up from Rs 81.68 on Saturday, data […]

Transport fuels keep rising, petrol in Delhi nears Rs 84/litre

New Delhi: Transport fuel prices continued on the daily record-breaking upward movement on Tuesday, with petrol inching closer to Rs 84 in Delhi, having already crossed the Rs 91 a litre mark in Mumbai the previous day. In the national capital, petrol cost Rs 83.85 per litre, up from Rs 83.73 on Monday, data on […]

Fuel prices hit new highs, petrol almost Rs 91 per litre in Mumbai

New Delhi: Fuel prices in the country continued their upward movement on Saturday, with petrol costing nearly Rs 91 per litre in Mumbai. In the country’s financial capital, petrol was priced at Rs 90.75 per litre, up from Rs 90.57 on Friday, data on the Indian Oil Corp’s website showed. Petrol prices in the other […]

Petrol, diesel prices not discussed: Jaitley after GST Council meet

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 […]

Pradhan urges Odisha CM to reduce VAT on petrol, diesel

Jharsuguda: Amidst outrage across the country over rising fuel prices, Union Petroleum Minister, Dharmendra Pradhan today urged Odisha Chief Minister, Naveen Patnaik to reduce VAT on petrol & diesel like other state governments. “The central government had already deducted excise duty on petrol and diesel a few months ago. Many states have started reducing the […]

Rajasthan slashes VAT on petrol, diesel by 4%

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 […]

Bring petrol, diesel under GST immediately: Chidambaram to Centre

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 […]

Petrol prices in Bhubaneswar
Petrol, Diesel prices go down by 9 paise in 4 metro cities

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 […]

Twitterati bombard jokes over 1 paisa price reduction on fuel

  New Delhi: State-owned oil companies on Wednesday blamed a clerical error for announcing a cut of up to 60 paise in petrol and diesel prices and later clarified that the reduction in price will just be 1 paisa per litre each. “The reduction was supposed to be 1 paisa but due to a clerical […]

Petrol Prices
Petrol & diesel price: Kerala govt announces reduction of Rs 1 per litre

  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 […]

Diesel to be available online soon!

New Delhi/Bhubaneswar:  People will not have to go to filling station for diesel anymore as they can buy the fuel online soon. Oil marketing companies like Indian Oil, HPCL and BPCL are planning to start online retailing of diesel to cater to rural customers and commercial establishments. The companies are awaiting a final approval from […]

petrol pumps
Himachal cuts VAT on petrol, diesel

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 […]

Truckers to go on strike from Monday, demand diesel inclusion in GST

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 […]

No VAT reduction on petrol, diesel: Odisha Finance Minister

Bhubaneswar: Rejecting Centre’s plea, Odisha Finance Minister Sashi Bhusan Behera today said that Odisha Government will not reduce VAT on petrol and diesel. After cutting the excise duty by Rs 2 per litre on petrol & diesel, the Centre had urged all the States to cut sales tax or VAT by 5 per cent to […]

Petrol, diesel to get cheaper as Centre slashes excise duty

Bhubaneswar: In a move that could possibly help in taming spiraling prices, the Union Government on Tuesday announced a reduction in the basic excise duty levied on petrol and diesel. As per the decision, the basic excise duty rate on petrol and diesel (both branded and unbranded) will be reduced by Rs 2 per litre. […]

Govt planning to deliver Petrol, Diesel online: Dharmendra Pradhan

Bhubaneswar: At a time when the government is aiming to promote more digitisation in all spheres of life, people could very soon have the luxury of buying petrol and diesel on a single click without even going to petrol pump. According to union minister Dharmendra Pradhan all petroleum products will soon be available on e-commerce […]

Dharmendra for petrol, diesel pricing under GST regime

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 […]

PIL filed in Orissa HC to bring petroleum products under GST

Cuttack: Amidst the ongoing tug of war between BJD and BJP over fuel price rise, a Public Interest Litigation (PIL) was filed in Orissa High Court today to bring petroleum products under the Goods and Services Tax (GST) ambit. According to sources, social activist Surendra Panigrahi filed the PIL in High Court seeking a uniform […]

BJD to observe 'hartal' tomorrow to protest fuel price hike

Bubaneswar: Protesting hike in price of petrol and diesel, the Biju Janata Dal has called for a five-hour hartal at all blocks and district headquarters across the State tomorrow. Emergency services like hospitals have been excluded from the hartal even though it will be completely peaceful, BJD spokesperson Sanjay Dasburma said. “The hartal will be […]

fuel price rise
Know why petrol, diesel prices will cost you more from today

Bhubaneswar/New Delhi: Consumers, now it’s time to use petrol, diesel more judiciously as oil marketing companies have decided to increase the dealer commission, paid to fuel pump owners, starting today making the prices of fuel go up. The dealer commission, which is a part of price of the fuel that consumers pay, is currently Rs […]

Indian Oil tests protocols for implantation of dynamic pricing

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 […]

Oil price hiked
Petrol, diesel prices hiked

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 […]

Bus fare in Odisha hiked for sixth time this year

Bhubaneswar: Two days after a hike in the price of diesel, the Odisha government on Monday increased fares for all categories of passenger buses as per the automatic fare adjustment mechanism. As per a notification issued by the Commerce and Transport department, the fares for Ordinary and Express buses have been hiked by 1 paisa […]