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BusinessToday.In
New Delhi, September 10, 2018
Twenty-one Opposition parties led by the Congress are holding a nation-wide 'Bharat Bandh' today to protest against skyrocketing fuel prices. The normal life was thrown out of gear as protestors blocked roads and highways.


PTI
September 9, 2018
Fadnavis added that if the opposition is so concerned about the high fuel prices, it should announce in the states ruled by the Congress or their alliance partners that there would be no tax on petrol and diesel.


BusinessToday.In
September 9, 2018
The prices continued to rise in other metro cities of India too. In Chennai, each litre of petrol now costs Rs 83.66, whereas diesel prices are at Rs 76.75 per litre. Petrol prices in Kolkata today were at Rs 83.39 per litre and diesel prices at Rs 75.46 per litre.


BusinessToday.In
September 8, 2018
Fuel prices have maintained an upward curve over the course of past few weeks. Petrol price and diesel price have gone up by Rs 2.85 per litre and Rs 3.3 per litre respectively since mid-August.


BusinessToday.In
September 7, 2018
If the hike in fuel prices has weighed on your wallet, then you should brace for another bad news. Consumers in India will soon have to shell out more on daily use products.


BusinessToday.In
September 7, 2018
A litre of petrol is retailing at Rs 79.99 in the national capital while the same is selling for Rs 87.39 in the financial hub of Mumbai.


BusinessToday.In
September 6, 2018
Continuing its losing streak against the US dollar for the seventh consecutive session, the Indian rupee on Thursday breached the 72 mark for the first time.


BusinessToday.In
September 6, 2018
While the prices of fuel are on a continuous rise, the government has blamed the 'external factors' behind the spike and called the movement 'temporary'.  


BusinessToday.In
September 5, 2018
The Indian rupee continued to lose its value on Wednesday, falling to a record low of 71.79 against the US dollar.


BusinessToday.in
New Delhi, September 4, 2018
In the wake of petrol and diesel prices hitting all-time highs, the Centre has come under fire over not being able to cut taxes. BusinessToday.In Editor Rajeev Dubey discusses whether the government has mismanaged the fuel economy. Total tax collections from petroleum sector to Centre and States have gone up from Rs 3.32 lakh crore in 2014-15 to Rs 5.53 lakh crore in 2017-18.


BusinessToday.In
September 4, 2018
Rupee's near-continuous slide against the dollar has been unrelenting.


BusinessToday.In
September 4, 2018
The continuous hike in fuel prices has been attributed to a sharp rise in international crude prices and a dramatic fall in the exchange value of the rupee against the US dollar.


Rajeev Dubey
New Delhi, September 3, 2018
Over Rs 10 lakh crore from fuel taxes have been deployed in social schemes.  Cutting taxes mean cutting down on such schemes which will be political hot potato in the run-up to general elections.


BusinessToday.In
September 3, 2018
One of the most important factors is the tax levied by the state and central governments. As of now, fuel has been kept outside the purview of Goods and Services Tax (GST).


BusinessToday.In
New Delhi, September 3, 2018
Fuel prices in all metro cities are once again at an all-time high. The price of petrol rose to Rs 86.56 a litre in Mumbai and Rs 79.15 per litre in Delhi on Monday. Petrol price had previously hit its highest level five months ago on May 29. Watch BusinessToday.In video.


Manoj Sharma
New Delhi, September 3, 2018
Not only India but neighbouring countries like China, Pakistan, Nepal and Sri Lanka are also bearing the brunt of high crude oil prices. The US sanctions against Iranian oil import have put these countries in a fix, which has impacted their oil supply.


BusinessToday.in
New Delhi, September 3, 2018
Wipro wins biggest ever contract, over $1.5 billionIndian software services exporter Wipro Ltd has won its biggest-ever contract worth more than $1.5 billion with U.S.-based Alight Solutions LLC for digital services as reported by Reuters. Wipro would earn $1.5-1.6 billion in revenues over the tenure of the deal, which will include services in health, human resources and finance.The deal is expected to be completed in the quarter ending September.  Income Tax dept to wait til...


BusinessToday.In
September 3, 2018
Petroleum prices, which are determined by the cost of crude oil in global markets, may continue to go up as the international markets are under pressure due the US sanctions on Iran and Saudi Arabia's decision to cut oil production.


BusinessToday.In
August 31, 2018
The rupee's near-continuous slide against the dollar - it has depreciated 3.3% in this month alone - is sending importers scurrying to cover their overseas payment liabilities and hedge currency exchange risk.


Mudit Kapoor
New Delhi, August 31, 2018
A weaker rupee has resulted in rise in import bills, costlier foreign education and travel. The biggest impact is on petrol and diesel prices which have witnessed steady increase throughout the year. Petrol and diesel have risen by 13.99 per cent and 23.04 per cent respectively since August 24 last year.


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