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Pakistan hikes fuel price to historic high to appease IMF

Pakistan government drops "petrol bomb" with historic rise in price of petrol and gas. The petrol price was hiked to Rs 272 per litre after an increase of Rs 22.20 on Feb 15.

published on : 16th February 2023
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Is Bangladesh going the Sri Lanka way? | Economic crisis | TNIE Explainer

Since the first week of August, Bangladesh has been witnessing mass protests after the unprecedented price hike in fuel. After Sri Lanka, now Bangladesh is grappling with soaring fuel prices. How did Bangladesh arrive in this position? Watch this video to know more on the recent economic crisis in #Bangladesh.

published on : 27th August 2022
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Sri Lankan President Gotabaya Rajapaksa's residence taken over by protesters, crisis worsens

Sri Lanka's President Gotabaya Rajapaksa was escorted to safety shortly before protesters, angered by an unprecedented economic crisis, stormed and overran the compound of his official residence. Huge crowds had surrounded the leader's home to demand his resignation. As protesters surged at the gates of the President's Palace, troops guarding the compound fired in the air to hold back the tide until Rajapaksa was safely removed.

published on : 9th July 2022
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Sri Lanka runs out of fuel, economic crisis deepens

Sri Lanka has run out of fuel. Sri Lanka, hit by a massive economic crisis, has run out of fuel and only essential services will operate starting midnight. This is the first time that Sri Lanka has run out of fuel. The list of essential services will include health, law and order, ports, airport, food distribution and agriculture. All non-essential services have been suspended till July 10.

published on : 28th June 2022
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Fuel rates fall as Centre slashes excise duty; Imran Khan lauds India for cutting prices

Petrol price was slashed by Rs 8.69 a litre and that of diesel by Rs 7.05 per litre on May 22 in New Delhi. This comes following the government's decision to cut excise duty on auto fuels. The govt had announced a record Rs 8 per litre cut in excise duty on petrol and Rs 6 reduction on diesel on May 21.

published on : 22nd May 2022
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Explained: What India's high inflation means for taxpayers and why it will affect the poor the most

Contrary to finance ministry claims, most experts believe that higher inflation will adversely impact the lower-income classes. India registered 7.8% retail inflation in April 2022, much higher than the upper limit of RBI’s inflation range. The headline inflation soared to an 8-year-high at the same time. Prices of food items, edible oils and fuels have skyrocketed. But what does that mean for the taxpayers?

published on : 16th May 2022
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14th price hike in 16 days makes petrol, diesel dearer by Rs 10/litre

With the fuel prices going up by another 80 paise a litre on Wednesday, petrol and diesel in the past 16 days and after 14 hikes have become dearer by Rs 10 a litre. Petrol in the national capital crossed the Rs 105 mark today, whereas, in Mumbai, it has surpassed Rs 120.

published on : 6th April 2022
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WATCH | Congress MPs led by Rahul Gandhi stage protest against rising fuel prices

#Congress MPs led by Rahul Gandhi on Thursday staged a protest against the fuel price hike at Vijay Chowk here and sought its roll back. Congress MPs from both the Lok Sabha and the Rajya Sabha carrying placards raised slogans against the government and sat on a dharna against the rise in price of petrol, diesel and LPG gas. 

published on : 31st March 2022
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Seventh hike in eight days, petrol prices now dearer by Rs 5 per litre

Fuel prices continue to rise, with prices of petrol and diesel on Tuesday further hiked by 80 paise and 70 paise per litre respectively, becoming dearer by almost Rs 5 a litre after seven revision in rates in eight days.

published on : 29th March 2022
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Petrol, diesel prices increase fourth time in a week, touch all-time highs

#Petrol and #Diesel prices in the country on Saturday touched new all-time highs after rates were increased for the fourth time this week.

published on : 24th January 2021
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19 killed in protests against soaring bread, fuel prices in Sudan

The Sudanese government had increased the price of bread from one ($0.02) to three Sudanese pounds ($0.063).

published on : 29th December 2018
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Fuel prices continue to fall in New Delhi, Mumbai

In New Delhi, petrol is being sold 13 paise lower than the previous rates at Rs 77.43 per litre, while diesel is being sold at Rs 72.19 per litre after a 12 paise decline. 

published on : 13th November 2018
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Affordable fuel a distant dream as diesel prices experience yet another hike

Fuel prices continued its upward march on Monday, with diesel prices surging by 8-9 paise in four metropolitan cities.

published on : 15th October 2018
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Fuel fury! Commuters urge government to cut prices

In Mumbai, petrol is retailing at Rs 87.73 per litre and diesel at Rs 77.68 per litre after revisions of 23 paise and 31 paise, respectively. 

published on : 9th October 2018
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Fuel price hike continues to burn hole in consumers’ pockets

Fuel prices continued to haunt countrymen on Monday also, with petrol and diesel prices being hiked by 21 paise and 29 paise respectively

published on : 8th October 2018
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Here is how Chennai reacted to the cut in petrol, diesel prices

Chennaiites give us their opinion on the cut in fuel prices on October 4, 2018. The Centre announced a Rs 2.50 per litre cut in petrol and diesel prices across India and by Rs 5 in BJP-ruled state.

published on : 4th October 2018
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Fuel price hike: Petrol, diesel touch new heights

Fresh hike has been witnessed in the price of petrol and diesel on Saturday morning. In the national capital, petrol is being sold at Rs 83.40 per litre, with an increase of Rs 0.22 from Friday.

published on : 29th September 2018
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Fuel prices continue to surge, no respite to consumers

In New Delhi, the petrol price has surged yet again and is retailed at Rs 82.86 per litre, while diesel is being sold at Rs 74.12 per litre. 

published on : 25th September 2018
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