fuel price

ATF price slashed by 2.3 per cent, now at Rs 1.17 lakh per kilolitre

The rate reduction, which will provide relief to airlines for whom fuel makes for almost 40 per cent of the operating cost, comes on the back of a Rs 4,842.37 per kl reduction last month

published on : 1st December 2022

Rise in CNG prices increases auto, taxi fares in Delhi

Whereas for taxis, the per kilometre charge after metre down has been hiked from Rs 14 to Rs 17 for non- AC vehicles and from Rs 16 to Rs 20 for AC vehicles.

published on : 29th October 2022

OMCs unlikely to cut fuel prices despite fall in crude rate

An official from one of the OMCs, on condition of anonymity, said oil companies have suffered a major loss in the past few quarters, thus there is no scope to cut the fuel price.

published on : 27th September 2022

'Petrol, diesel prices regulated by election dates and not global rates': Congress hits out at BJP

Congress spokesperson Gourav Vallabh asked why the consumers had to bear the brunt of high fuel prices when crude oil prices were at a seven-month low.

published on : 12th September 2022

Oil prices at seven-month low but no change in petrol, diesel prices in India

International benchmark Brent crude fell below USD 90 per barrel last week for the first time since early February as recession fears weigh on demand.

published on : 11th September 2022

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

Indian Oil Corporation subsidiary Lanka IOC slashes fuel prices in Sri Lanka

Lanka IOC, a wholly-owned subsidiary of Indian Oil Corporation, has slashed the price of fuel across Sri Lanka. It will come into effect from tonight.

published on : 18th 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

Maharashtra government cuts VAT on petrol and diesel; state exchequer to incur burden of Rs 6,000 crore: CM Shinde

The government will ensure the burden of Rs 6,000 crore on the state exchequer does not impact development works, Shinde said.

published on : 14th July 2022

Assam activist dressed up as Lord Shiva held after street play on price hike, released on bail

Disapproving of the arrest, Assam Chief Minister Himanta Biswa Sarma said - on the social media platform Twitter - that enacting a street play over current issues is not blasphemous.

published on : 10th 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

'How much for my kidney?' Inflation sparks distress, global wave of protests for higher pay, aid

As prices rise, inflation threatens to exacerbate inequalities and widen the gap between billions of people struggling to cover their costs and those who are able to keep spending.

published on : 25th June 2022
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