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  • Puducherry LG announces 2% reduction in VAT on petrol, diesel Feb 26, 2021 09:00 PM IST

    Puducherry LG announces 2% reduction in VAT on petrol, diesel

    The governor's announcement on February 26 comes in the face of Assembly elections, which will happen in a single phase on April 6.

  • Fuel prices will come down as winter ends, says Oil Minister Dharmendra Pradhan Feb 26, 2021 04:08 PM IST

    Fuel prices will come down as winter ends, says Oil Minister Dharmendra Pradhan

    On February 26, the minister said that the increase in petroleum price in international market has affected consumers too.

  • Centre, states should talk on reducing fuel prices: Sitharaman Feb 25, 2021 10:39 PM IST

    Centre, states should talk on reducing fuel prices: Sitharaman

    When asked if the Centre is mulling to reduce cess or other taxes on fuel to give some respite to consumers from high prices of diesel and petrol, she said the question has put her in "dharm-sankat" (dilemma).

  • Need coordinated action between centre, states on tax reduction in fuel prices: Shaktikanta Das Feb 25, 2021 04:13 PM IST

    Need coordinated action between centre, states on tax reduction in fuel prices: Shaktikanta Das

    He, however, said both the centre and the state governments have their revenue pressures and they are required to spend high sums of money to enable the country and the people to come out of the COVID-19 pandemic stress.

  • Bharat Bandh on February 26: CAIT protests rising fuel prices, E-way bill and GST Feb 25, 2021 11:27 AM IST

    Bharat Bandh on February 26: CAIT protests rising fuel prices, E-way bill and GST

    Here is all you need to know about the Bharat Bandh called by CAIT on February 26

  • Fuel prices: Petrol, diesel prices remain unchanged in Delhi, Mumbai Feb 24, 2021 09:21 AM IST

    Fuel prices: Petrol, diesel prices remain unchanged in Delhi, Mumbai

    Fuel prices have crossed the Rs 100-mark in towns such as Rajasthan’s Sri Ganganagar where petrol was priced at Rs 101.59 per litre. The cost of petrol in Anuppur, Madhya Pradesh stood at Rs 101.34 per litre.

  • Output cuts by OPEC, COVID-19 main reasons behind fuel price hike: Oil Minister Dharmendra Pradhan Feb 21, 2021 06:28 PM IST

    Output cuts by OPEC, COVID-19 main reasons behind fuel price hike: Oil Minister Dharmendra Pradhan

    The crude prices have been going up in the international market since November 2020, with the Brent oil rate hovering above $60 over the past few days.

  • Centre, states must talk to bring down retail fuel price: FM Nirmala Sitharaman Feb 20, 2021 03:31 PM IST

    Centre, states must talk to bring down retail fuel price: FM Nirmala Sitharaman

    FM Nirmala Sitharaman said there was ‘no guarantee’ that, if the central government forwent its share, the states would not fill the space.

  • Ashok Gehlot attacks Modi govt over rising fuel prices Feb 20, 2021 11:19 AM IST

    Ashok Gehlot attacks Modi govt over rising fuel prices

    In a series of tweets, Gehlot targeted the Centre and cleared his stand on the rumours that Rajasthan levies highest tax on fuel prices.

  • Petroleum Minister Dharmendra Pradhan urges crude-exporting countries to ease production cuts Feb 17, 2021 07:13 PM IST

    Petroleum Minister Dharmendra Pradhan urges crude-exporting countries to ease production cuts

    Price-sensitive Indian consumers are affected by the rising petroleum product prices and it affects the demand growth in an aspirational economy like India, the minister says.

  • Fuel price today: Man protests with cricket bat as petrol price hits century in Bhopal Feb 16, 2021 11:02 AM IST

    Fuel price today: Man protests with cricket bat as petrol price hits century in Bhopal

    VAT and cess on diesel in Madhya Pradesh is 28 percent while it is 39 percent on petrol.

  • Petrol price Rs 93 in Ram's India, Rs 53 in Sita's Nepal, Rs 51 in Ravan's Lanka: Subramanian Swamy Feb 02, 2021 08:15 PM IST

    Petrol price Rs 93 in Ram's India, Rs 53 in Sita's Nepal, Rs 51 in Ravan's Lanka: Subramanian Swamy

    Netizens, while reacting to Subramanian Swamy's post, questioned the use of religion while criticising the government. They also accused the former Union minister of spreading factually inaccurate information.

  • Budget 2021: FM Nirmala Sitharaman introduces agriculture cess on fuel; but why it won't impact consumers? Feb 01, 2021 04:05 PM IST

    Budget 2021: FM Nirmala Sitharaman introduces agriculture cess on fuel; but why it won't impact consumers?

    With the imposition of the AIDC on petrol and diesel, the Basic Excise Duty (BED) and Special Additional Excise Duty (SAED) rates have been reduced so that the consumer does not bear any additional burden, Finance Minister Nirmala Sitharaman said while presenting the Union Budget 2021-22.

  • To aid economic recovery and tax mop-up, don’t raise levies on fuels Jan 29, 2021 10:06 AM IST

    To aid economic recovery and tax mop-up, don’t raise levies on fuels

    During 2014-15 to 2019-20, central earnings through excise duties and cess on fuel have nearly doubled, going up by 94 per cent, and the states’ earnings on the same account has gone up by 38 per cent

  • Why are petrol, diesel prices rising in India? Jan 22, 2021 11:02 AM IST

    Why are petrol, diesel prices rising in India?

    Is it just rising global crude oil price that is causing a spike in petrol and diesel prices here? Read on to know what exactly is the reason for your higher fuel bills

  • Fuel price hike: Petrol touches all-time high of Rs 84.95/litre in Delhi Jan 18, 2021 09:53 AM IST

    Fuel price hike: Petrol touches all-time high of Rs 84.95/litre in Delhi

    Diesel prices in the two cities are now at Rs 71.13 per litre in Delhi and Rs 81.87 per litre in Mumbai.

  • Petrol, diesel prices hiked in all four metros Nov 20, 2020 03:28 PM IST

    Petrol, diesel prices hiked in all four metros

    In Delhi, petrol is now Rs 81.23/litre from Rs 81.06/litre and diesel is up to Rs 70.68/litre from Rs 70.46/litre.

  • Diesel crosses Rs 80/litre in Delhi, petrol at Rs 79.92/litre Jun 25, 2020 09:06 AM IST

    Diesel crosses Rs 80/litre in Delhi, petrol at Rs 79.92/litre

    This is the 19th consecutive price hike by oil marketing companies (OMCs) since June 8

  • Sonia Gandhi slams Centre over 'ill-advised' fuel price hikes Jun 16, 2020 10:45 AM IST

    Sonia Gandhi slams Centre over 'ill-advised' fuel price hikes

    Sonia Gandhi claimed the Centre was seeking to earn an additional revenue of nearly Rs 2.6 lakh crore “by ill-advised” increase in excise duty and petrol and diesel prices.

  • Government may go for another excise duty hike on petrol, diesel after lockdown: Report Apr 23, 2020 03:19 PM IST

    Government may go for another excise duty hike on petrol, diesel after lockdown: Report

    "There may be marginal hike in excise duty to offset revenue loss due to lack of demand. Discussions are being held internally," a government official said.

  • Fuel cheaper as petrol retails at Rs 70.14 in Delhi, Rs 75.84 in Mumbai Mar 12, 2020 04:03 PM IST

    Fuel cheaper as petrol retails at Rs 70.14 in Delhi, Rs 75.84 in Mumbai

    Meanwhile, diesel prices per litre in these cities stood at Rs 62.89 in Delhi, Rs 65.84 in Mumbai, Rs 66.35 in Chennai, Rs 65.22 in Kolkata, Rs 65.04 in Bengaluru, and Rs 62.59 in Gurugram respectively

  • Fuel prices: Petrol sells at Rs 70.29 in Delhi, diesel at Rs 63.01 Mar 11, 2020 05:30 PM IST

    Fuel prices: Petrol sells at Rs 70.29 in Delhi, diesel at Rs 63.01

    Meanwhile, a litre of petrol in Mumbai, Chennai and Kolkata costs Rs 75.99, Rs 73.02 and Rs 72.98 as on March 11. Diesel prices in these cities is at Rs 65.97, Rs 66.48 and Rs 65.34 respectively.

  • Fuel price today: Petrol prices fall to Rs 78.97/litre in Mumbai, diesel at Rs 69.56 Jan 30, 2020 05:09 PM IST

    Fuel price today: Petrol prices fall to Rs 78.97/litre in Mumbai, diesel at Rs 69.56

    After a brief pause, oil prices have declined yet again on the back of the fear of the potential economic impact of the novel coronavirus outbreak in the Chinese city of Wuhan.

  • Petrol prices hit January's lowest levels; check out latest rates across India Jan 23, 2020 04:38 PM IST

    Petrol prices hit January's lowest levels; check out latest rates across India

    On January 23, petrol and diesel prices across major cities in India dropped by 17 paise and 19 paise a litre respectively.

  • Petrol, diesel prices cut by around 15 paise on Jan 16 Jan 16, 2020 03:08 PM IST

    Petrol, diesel prices cut by around 15 paise on Jan 16

    In Delhi petrol costs Rs 75.55 a litre while diesel is being sold at Rs 68.92 a litre.

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