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PTI
May 30, 2018



PTI
May 30, 2018



BusinessToday.In
New Delhi, May 30, 2018
Answering questions on the paltry 1 paise relief in the skyrocketing petrol and diesel prices, Pradhan said that it was mistake on the part of the oil companies and he takes responsibility for it as the petroleum minister.


PTI
May 30, 2018



PTI
May 30, 2018



BusinessToday.In
New Delhi, May 30, 2018
Rahul Gandhi asked if the price cut of 1 paisa was a prank and said that it was in poor taste.


PTI
May 30, 2018



PTI
May 30, 2018



BusinessToday.in
New Delhi, May 30, 2018
AirAsia CEO Tony Fernandes booked by CBI for violating aviation normsThe CBI has booked AirAsia CEO Tony Fernandes and several others for allegedly violating aviation norms. The crime branch is also carrying out searches at six locations. On Tuesday, the CBI said that they booked these officials over alleged violation of aviation norms, namely the 5/20 rule for getting international flying licenses as well as violation of Foreign Investment Promotion Board (FIPB) rules. The 5/20 r...


BusinessToday.In
May 30, 2018
After a constant hike for 16 days, petrol and diesel prices cut by 1 paisa on Wednesday. Fuel prices have seen a sharp rise soon after the polling concluded in Karnataka assembly elections.


PTI
May 30, 2018



BusinessToday.In
May 29, 2018
The government is facing flak over its inability to come up with some formula to contain the prices. However, the options before the current dispensation are limited. The opposition is calling for excise duty cut on fuels which the Centre does not want to do for fear of slipping on fiscal deficit target.


PTI
May 28, 2018
In Delhi, VAT on petrol was Rs 15.84 a litre, and Rs 9.68 on diesel in April. Today it is Rs 16.64 on petrol and Rs 10.17 a litre on diesel.


BusinessToday.In
New Delhi, May 28, 2018
Fuel prices have continued to scale new peaks for 15th day in a row today. Petrol is now up by close to Rs 4 per litre since the 19-day pre-Karnataka poll hiatus ended on May 13 while diesel is up by over Rs 3 per litre.


BusinessToday.In
May 28, 2018
The Central government levies Rs 19.48 excise duty on a litre of petrol and Rs 15.33 on diesel. States charge value added tax that varies from state to state. In Delhi, VAT on petrol is Rs 16.41 and on diesel Rs 10.05.


BusinessToday.In
New Delhi, May 27, 2018
Fuel prices were hiked for the 14th day in a row on Sunday, with unbranded petrol being sold at Rs 78.12 in Delhi, increased from Rs 77.97. Diesel prices in the national capital were also hiked today to Rs 69.06 from Rs 68.90 seen yesterday.


PTI
May 26, 2018



BusinessToday.In
New Delhi, May 25, 2018
Reluctant to cut losses, the government is weighing on options before taking a step that could either provide a relief to the consumers or hamper its revenue prospects.


BusinessToday.In
May 25, 2018
The government is now mulling a 'windfall tax' on all oil producers like ONGC in an attempt to moderate fuel prices.


Prosenjit Datta
New Delhi, May 25, 2018
The problem, as the current set of ministers have found out, is that it is always easy to protest while in Opposition - but not so easy to take steps to cool prices when you are in the government.


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