Tag: Petrol

International oil has roared higher as concerns about the pandemic, especially the impact of the omicron variant, have eased off.

Disruptions in the US Gulf Coast production following Hurricane Ida and other storms have led to sharp draws in the American and global inventories.

Fuel prices have been hovering at record levels on account of 41 increases in its retail rates since April this year.

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 […]

  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 […]

The week-long price pause comes after fuel prices increased on 41 days and remained unchanged on 44 days since May 1.

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 […]

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. […]

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 […]

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 […]

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 […]

New Delhi/Bhubaneswar: The daily revision of prices of petrol and diesel coming into effect from today in the state has drawn a lot of flak. While most people complained that this move will create confusion, many said it is a measure to cheat customers. However, a few people commended the step. The price will be […]

Sambalpur: In a bizarre incident, a man sustained critical burn injuries after becoming victim of his own plan to kill another in the city here today. Bipin mirdha of Kakudipali under Dhama police station in the district had planned to eliminate a person, who had allegedly taken Rs 60,000 from him to facilitate a loan. […]

Bhubaneswar: Protesting against the Union government’s move to hike the prices of petrol and diesel, the youth wing of ruling BJD is staging a state-wide protest on Friday. According to party sources, the youth wing of the ruling party is staging demonstrations in front of the collectors’ offices in all 30 districts and two organisational […]

Bhubaneswar: Consumers in the State are worried a lot due to yesterday’s hike in prices of petrol and diesel by Rs 3.13 per litre and Rs 2.71 a litre respectively. Prices of all essential commodities will go up as transportation cost will obviously rise after the hike. This will pinch the pockets of middle class […]