E-PaperDiesel Price Hike News
Impact of banking crisis on oil & diesel prices in India | Mint Explains
The video highlights the impact of the ongoing banking crisis in the United States on the petrol and diesel prices in India. Despite global oil prices rising due to the crisis, major oil marketing companies in India have not revised their prices for over 15 months, resulting in huge losses for the companies. The recent fall in global fuel prices presents an opportunity for the companies to recover their losses, but they are unlikely to reduce prices anytime soon. It is believed that petrol and diesel prices in India will remain constant for the time being, despite the falling global oil prices.
22 Apr 2023Petrol price touching ₹83 in Delhi, above 90 mark in Mumbai
In Maharashtra's Parbhani, where petrol commands the highest price in India due to VAT and transportation cost, the rate has reached ₹91.99 a litre.
1 min read16 Oct 2018West Bengal third state to cut VAT on petrol, diesel
Just before the election season kicks in, three state governments have reduced taxes on petrol and diesel one after the other in three days. Fuel prices continued to rise today with petrol crossing the ₹90 mark in Maharashtra's Parbhani town.
1 min read11 Sep 2018Fuel prices rise once again today, petrol crosses ₹90 mark in Maharashtra town
Petrol price has crossed the ₹90 mark in Parbhani, located about 500 km away from Mumbai. Maharashtra is among those states where taxes on fuels are the highest.
1 min read11 Sep 2018Petrol, diesel prices hiked once again today amid protests in several states
Prices of both petrol and diesel were increased by 23 paise today after which a litre of petrol now costs ₹88.12 in Mumbai while diesel costs ₹77.32. Check for rates in other cities.
1 min read10 Sep 2018Calls for govt intervention in fuel prices get shriller
Congress has announced a Bharat Bandh today protesting the fuel price rise, and has reached out to other parties
2 min read10 Sep 2018Govt may levy windfall tax on ONGC, others to soften petrol, diesel prices
The windfall tax, which may come in form of a cess, will kick in the moment oil prices cross $70 per barrel
3 min read24 May 2018Rs4 per litre hike in petrol, diesel prices in the offing: Brokerage firms
Since the Karnataka elections, petrol price has risen by 69 paisa/ per litre, taking the rate to Rs75.32 in Delhi. Diesel is costlier by 86 paisa per litre and war retailing at Rs66.79 a litre
1 min read17 May 2018Govt asks Indian Oil, others not to raise petrol, diesel prices
Apart from holding on to diesel and petrol price hikes, Indian Oil, HPCL and BPCL will have to bear a loss of Rs1 per litre of fuel
1 min read11 Apr 2018Govt keeping close eye on oil prices: Dharmendra Pradhan
Petrol price on Monday hit a four-year high of Rs73.83 a litre, while diesel rates touched an all-time high of Rs64.69 in the national capital on rising global oil rates
3 min read2 Apr 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared