As per the RBI, headline CPI inflation averaged 3.9 per cent in India during October  2016  to  March  2020 (excluding Covid-19 period) with a decline in inflation  volatility, which shows the success of flexible inflation targeting

A rare winter storm in Texas has caused U.S. crude production to drop by more than 10 per cent, or 1 million barrels per day (bpd) last week, the Energy Information Administration said

In India, petrol and diesel prices are revised by state-backed oil marketing companies (OMCs) like Indian Oil, Bharat Petroleum and Hindustan Petroleum

Brent crude was up $1.06, or 1.6%, at $65.30 a barrel by 0204 GMT, after earlier hitting a high of $66.38

Fuel prices in India: Petrol is inching closer towards the Rs 100 mark in Mumbai

Taxes levied by the Centre and states constitute more than half of petrol and diesel prices, accounting for 60 per cent of the retail cost of the former and 54 per cent of the latter

The Congress has accused the Centre of looting people by imposing high taxes on petrol and diesel and has demanded its rollback to provide relief to the common man from the onslaught of rising prices

Sitharaman was asked about her role models and her dreams when she replied, \"Absolutely sweet question\"

Centre has refused to cut excise duty despite unprecedented rise in fuel prices in past two months. In February, petrol prices have gone up by Rs 4.29 per litre and diesel by Rs 4.31 per litre in Delhi alone

Fuel rates have increased for 12 consecutive days in the country, with petrol crossing Rs 100 mark in Rajasthan and Madhya Pradesh. In Mumbai, it has inched close to Rs 100 as of Saturday, February 20

In a Hindi tweet, Mayawati said that the prices of essential items like petrol, diesel and cooking gas (LPG) are increasing in an uncontrolled manner after government control over the prices were removed

Petrol and diesel in Delhi remained constant at Rs 90.58 and Rs 80.97 a litre, respectively, while they stayed at Rs 97 and Rs 88.60 per litre in Mumbai

Fuel rates today: In Mumbai, petrol has neared Rs 100-mark. As of February 20, the cost of one litre of petrol has reached Rs 97 per litre after an increase of 38 paise on Saturday

Regular petrol rate crossed the Rs 90 mark for the first time in Delhi at Rs 90.19 per litre as against Rs 89.88 on Thursday, while diesel price climbed to Rs 80.60 a litre, as per data from the Indian Oil Corporation website

The fuel rates were increased by 32-34 paise per litre across metros, as per the price notification issued by state-owned oil marketing companies.

While avoiding a direct reference to the constantly increasing fuel prices, PM Modi said that India imported more than 85 per cent of its oil requirements and 53 per cent of its gas needs in FY20

Retail prices of heavily taxed gasoline and gasoil in India have touched record highs due to the spurt in global prices

In Ganganagar district of Rajasthan, prices shot up to Rs 100.13 per litre for non-branded petrol on February 17. The prices of branded petrol had already breached the Rs 100 level a fortnight ago

According to Indian Oil Corporation data, the retail price of non-premium petrol at Ganganagar touched Rs 100.13 per litre on February 17, and in MP's Nagarabandh it is at Rs 100.40 per litre

Fuel prices have touched new highs over the last week. In Delhi, petrol has inched closer to Rs 90, whereas, in several cities of Rajasthan and Madhya Pradesh, it is almost on the verge of crossing Rs 100 per litre