Fuel prices

Karnataka opposition demands tax cuts, decrease in fuel prices citing fall in crude oil rates

Citing falling crude oil rates, opposition leaders in Karnataka have demanded that the government bring down prices of petrol and diesel, to ease the burden on the common man.

published on : 26th August 2022

Centre not doing anything to lower fuel prices: Telangana IT Minister KTR

The Modi government’s excuse that international crude oil prices are the reason for the increase in fuel prices has once again been proven wrong, remarked Rama Rao.

published on : 25th August 2022

Cycling to work still a distant, unsafe dream

Techies who have moved to Bengaluru after working in other countries, are demanding spaces to walk and cycle.

published on : 22nd August 2022

IndiGo reports Rs 1,064 crore loss in Q1 amid high jet fuel prices

However, cost pressures on fuel and foreign exchange prevented us from translating this strong revenue performance into net profitability.

published on : 4th August 2022

Indian Oil Corporation reports first loss in two years; sold petrol at Rs 10 per litre loss, diesel at Rs 14

This is the first quarterly loss in over two years. The company had reported a net loss in January-March 2020, but that was on account of inventory losses on processing costlier crude.

published on : 31st July 2022

No port, vessel related charges on coastal shipping for six months: Government

Union Minister of Ports, Shipping and Waterways (MoPSW) Sarbananda Sonowal has also asked the state governments to lower VAT on diesel used by the shipping sector, the statement said.

published on : 24th July 2022

Sri Lanka's diesel and petrol prices reduced by Rs 20 each, the first since February

Many incidents of violence have been reported at fuel queues and nearly 20 people have died of exhaustion after spending several days continuously in the fuel queues.

published on : 17th July 2022

India's fuel consumption jumps 18 per cent in June

A rise in demand for fuels can be attributed to an increase in mobility and the reopening of the economy post the Covid pandemic.

published on : 9th July 2022

Sri Lanka to liberalise fuel import and marketing: Energy Minister

The selection would be based on the ability to import without forex requirements from the Sri Lankan central bank, he added.

published on : 28th June 2022

Sri Lanka is exploring options to purchase oil from Russia: Minister 

On Sunday, petrol price was hiked by LKR 50 and diesel by LKR 60 respectively, the third price revision in just over two months.

published on : 26th June 2022

Sri Lanka hikes fuel prices by LKR 50 and diesel by LKR 60 as filling stations go dry

Power Minister Kanchana Wijesekera requested citizens not to line up for fuel and announced the closure of refinery operations till the arrival of the next shipment of crude.

published on : 26th June 2022

RBI governor Shaktikanta Das bats for cut in VAT on petrol, diesel

The central government had on May 21 cut excise duty on petrol by a record Rs 8 per litre and that on diesel by Rs 6 to give relief to consumers battered by high fuel prices.

published on : 8th June 2022

Oil marketing firms cut commercial LPG rate by Rs 135, ATF price by 1.3 per cent  

Jet fuel prices on Wednesday were reduced by 1.3% by the oil marketing companies (OMCs), after 10 rounds of price hikes.

published on : 2nd June 2022

BJP warns of hunger strike, rally if TN govt doesn’t slash fuel prices

BJP Tamil Nadu president K Annamalai on Tuesday announced that his party would level two corruption charges against the DMK government within a few days.

published on : 1st June 2022

Fuel distribution in Lanka gets more difficult amid public unrest

State fuel entity officials raided the station and ordered the entire stock of fuel to be released at the pre-increased prices.

published on : 25th May 2022

Maharashtra, Kerala, Rajasthan reduce VAT on petrol, diesel after Centre cuts excise duty

Chidambaram on Sunday wondered whether the states can afford to give up revenue from the Value Added Tax on petrol and diesel unless the Centre devolves more funds or gives them more grants.

published on : 22nd May 2022

Sitharaman rebuts Oppn flak on excise duty cuts, says move does not impact state sharing of taxes

Taking to Twitter, Sitharaman said she is sharing some useful facts on levies on petrol and diesel for the benefit of all.

published on : 22nd May 2022

Congress slams government over inflation, says stop resorting to 'optical delusion'

It accused the BJP of resorting to "trickery" to create an "optical delusion'' and said the people deserve genuine relief from the "record inflation".

published on : 22nd May 2022

Keep up poll promise, effect cut on rates of petroleum products, OPS tells DMK

In fact, prices of some of the vegetables in the state including tomato were above Rs 100 a kilo, OPS said, adding the DMK was duty-bound to fulfill its poll promises.

published on : 22nd May 2022

Ex-Pakistan PM Imran Khan once again praises India for reducing fuel prices

The Indian government on Saturday cut excise duty on petrol by a record Rs 8 per litre and that on diesel by Rs 6 per litre to give relief to consumers battered by high fuel prices.

published on : 22nd May 2022
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