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Total 65 results found. Search for [ petrol prices on rise ]

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BusinessToday.In
New Delhi, September 11, 2018
Petrol in the financial capital of Mumbai scaled to Rs 88.26, while diesel was priced at Rs 77.47. However, Parbhani, a city located in eastern Maharashtra, saw petrol touching the historic high of Rs 90.05 per litre.


BusinessToday.In
New Delhi, September 10, 2018
Economic Affairs Secretary Subhash Chandra Garg said last week's rupee fall was on account of the belief that emerging markets with a current account deficit may face some pressures going forward, and the rupee was no exception


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


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.


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.


BusinessToday.In
August 31, 2018
On Friday, diesel touched a lifetime high of Rs 70.21 per litre in the national capital while the price of petrol was at Rs 78.52.


BusinessToday.In
August 7, 2018
During the Budget presentation in February, then Finance Minister Arun Jaitley had projected the fiscal deficit target at 3.3 per cent of GDP for the financial year 2018-19.


BusinessToday.In
July 8, 2018
Last month, petroleum prices were cut 14 times after hitting an all-time high of Rs 78.43 a litre for petrol and Rs 69.31 for diesel on May 29. Petrol price dropped by Rs 2 a litre and diesel by Rs 1.46.


BusinessToday.In
New Delhi, July 5, 2018
The three state-owned fuel retailers, IOC, Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) had not revised petrol and diesel prices since June 26 before which it was on a steady decline.


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.


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.


BusinessToday.In
New Delhi, May 24, 2018
Homebuyers will now be treated on par with financial creditors and lenders after the Union Cabinet approved amendments to the Insolvency and Bankruptcy Code; even as petrol and diesel prices are on fire, the government is still to come up with a solution to this rampaging price rise and rising current account deficit due to crude price hikes has weakened the rupee further against the dollar. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.


PTI
May 20, 2018
Petrol price on Sunday touched a record high of Rs 76.24 per litre and diesel climbed to its highest ever level of Rs 67.57 as the oil PSUs passed on four weeks of relentless rise in international oil prices to consumers.


PTI
May 20, 2018



BusinessToday.In
May 1, 2018
The Centre and states both have their share of taxes on petroleum products. Currently, the central government levies Rs 19.48 a litre of excise duty on petrol and Rs 15.33 per litre on diesel. States have value added tax or VAT that vary from state to state.


BusinessToday.In
April 30, 2018
This is the second time petrol prices have not changed for almost a week after state-owned oil firms last year decided to adopt a daily price revision. Earlier this month, oil companies did not revise their prices for four days: April 16-19.


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