Hike In Petrol Prices

Why can’t the Centre cut taxes instead: Opposition CMs respond to PM Modi's reduce VAT appeal

On Wednesday, the PM said some states did not reduce VAT on petrol and diesel despite the excise duty cut by the Centre last November and had done "injustice" to the people by not transferring the benefits of the move to them.

How can different oil prices affect the Budget 2023 maths

What could hurt the fiscal maths the most is if the central government decides to cut excise to protect the retail prices

Budget 2022: How the oil prices can disturb the government's and your sleep

When crude oil prices were subdued, the government earned a tidy sum from pretty steep taxes on petroleum products. Now the dynamics are changing and inflation is starting to become a worry.

Petrol price has crossed Rs 90 per litre mark in these cities

In Madhya Pradesh's Bhopal, the petrol rate as on November 30 is Rs 90.05 per litre while diesel is being sold at Rs 80.10 per litre.

Macro@Moneycontrol: Oil on the boil - Know how crude prices affect you and the Indian economy

Petrol prices on Monday hit a 4-year-high selling at Rs 73.83 per litre while diesel rates touched an all-time high of Rs 64.69 in the national capital

Shocked auto sector accuses Re, plans to turn diesel

In the wake of the over Rs 7 increase in petrol prices by the government, CNBC-TV18 spoke to executives from leading auto companies for their reaction on the hike in petrol prices, its impact on the rupee and the economy as a whole.

PM advocates further deregulation of fuel prices

Unfazed by ally Trinamool Congress' threat of even withdrawing support, Prime Minister Manmohan Singh today virtually justified the hike in petrol prices, saying there should be further movement towards deregulation of fuel prices.

Petrol to be dearer by Rs 3.14 per litre

State-owned oil companies are all set to hike petrol prices by around Rs 3 per litre which will be effective from midnight.