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New Delhi: Auto fuel petrol and diesel prices remained unchanged on Wednesday, a day after pump prices of both fuels rose simultaneously, after a three week break amid volatility in global oil prices. Benchmark crude prices have settled a tad lower at $78 a barrel now after shooting over three year high level of $80 a […]
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New Delhi: Petrol price on Tuesday was hiked by 20 paise per litre and diesel by 25 paise as international oil prices neared $80 per barrel mark for the first time in three years. Diesel rates went to Rs 89.57 a litre in Delhi and Rs 97.21 in Mumbai. Prices differ from state to state […]
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Hyderabad: Will inclusion of petrol and diesel in the GST regime bring down fuel prices? Industry experts say that the fuel prices would come down if petrol and diesel were included in the GST regime, benefitting the customers. But such a move is fraught with the danger of leading to a severe shortfall in the […]
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Accordingly, the pump price of petrol and diesel was cut 15 paise per litre to Rs 101.49 a litre and Rs 88.92 a litre respectively in Delhi.
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The increase in Covid cases globally have made the oil market uncertain as it has the potential to erode demand quickly.
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The relentless price increase has pushed petrol rates above the Rs 100-a-litre mark in most places in 15 states.
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Across the country as well the fuel prices remained unchanged on Saturday. Fuel prices were last revised upwards on Friday.
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Fuel rates are at record highs across the country and petrol has crossed Rs 100 a litre mark in about a dozen states and union territories.
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Relative of a farmer who died of electrocution alleged that the farmer was denied of Rythu Bandhu assistance because the revenue officials did not issue a Pattadar passbook
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In line with petrol prices, the price of diesel is also increasing across the country, but its retail price rise remained unchanged on Monday.
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The retail prices of both petrol and diesel rose by a sharp 35 paise per litre on Saturday to touch new high of Rs 98.11 and Rs 88.65 per litre respectively in Delhi.
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With fuel prices remaining unchanged on Friday, petrol continued to cost Rs 97.76 per litre and diesel Rs 88.30 per litre in Delhi.
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In a tweet in Hindi, Rahul Gandhi, who is Congress Lok Sabha MP from Kerala's Wayanad said, "Such is the development of Modi government that if the prices of petrol and diesel do not increase any day then it becomes a bigger news."
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The constantly increasing prices saw a litre of petrol costing Rs.100.10, while that of diesel was Rs.95.04 on Monday.
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Petrol and diesel prices were hiked again on Friday by 31 paise per litre and 28 paise per litre, respectively.
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The Chief Minister said the fuel price was rising uncontrollably after the shift from administrative price mechanism to dynamic pricing.
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While the consumption of petrol was almost 13 per cent higher than demand in May 2020, it was 28 per cent lower than pre-COVID levels of 2.49 million tonne.
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Across the country as well, petrol and diesel prices increased on Monday but the quantum varied depending on the level of local taxes in different states.
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Petrol in Mumbai stood at Rs 100.47 per litre and diesel at Rs 92.45 per litre.
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As on Saturday, petrol was priced at Rs 97.53 per litre, while diesel at Rs 92.45 per litre