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"fuel-prices"

  • Kejriwal calls for E20, pure petrol choice at fuel pumps

    AAP national convenor Arvind Kejriwal demanded consumers be allowed to choose between E20 and regular petrol, sought lower E20 prices, and announced a march to Prime Minister Narendra Modi's residence on August 4 to submit petitions over fuel concerns
  • Fuel retailers lost Rs 74,781 Crore selling petrol, diesel below cost: Puri

    Oil marketing companies incurred losses of Rs 74,781 crore by selling petrol, diesel and LPG below cost until June 30, Petroleum Minister Hardeep Singh Puri said. He indicated fuel price cuts could be considered if global crude oil prices remain low
  • Nayara Energy slashes petrol price by 5 rupees and diesel by 3 rupees per litre

    Private fuel retailer Nayara Energy has cut petrol prices by ₹5 per litre and diesel by ₹3 per litre across India. The move, triggered by cooling global crude prices, has brought major relief to consumers and gig workers
  • 80 per cent probability of El Nino raises concerns over food prices

    A Bank of Baroda Research report warns of an 80 per cent probability of El Niño during June-August, raising concerns over food inflation. Despite healthy reservoir levels and adequate vegetable supplies, higher fuel costs and weather uncertainties could push inflation higher in FY27
  • El Nino likely to impact food prices, inflation projected to settle in 5.2–5.5 pc range in FY27

    A new research report warns of a high probability of an El Niño event through November, raising concerns over food inflation in India. Despite healthy reservoir levels and vegetable supplies, higher fuel costs and weather uncertainties could push inflation to 5.2–5.5% in FY27 
  • PSU oil companies absorbing Rs 550 crore daily losses on fuel sales

    The Petroleum Ministry said PSU oil companies are absorbing Rs 550 crore in daily losses by not fully passing global fuel price hikes to consumers. The government also warned against diversion of retail fuel supplies and assured adequate petrol and diesel availability nationwide
  • Air India to cut 22 pc domestic flights amid high fuel prices

    Air India operates around 4,400 weekly flights. Out of them, about 3,600 are domestic, and 800 are international services
  • Govt gave up Rs 1 lakh crore in excise revenue to curb fuel inflation: FM

    Finance Minister Nirmala Sitharaman said the government sacrificed over Rs 1 lakh crore annually through fuel excise cuts to cushion consumers from inflation, while defending recent petrol and diesel price hikes as market-driven revisions caused by surging global crude oil prices amid the West Asia conflict
  • Fuel prices in Hyderabad increase after fourth hike

    Fuel prices in Hyderabad increased again on Monday following the fourth hike in petrol and diesel rates across the country. Petrol is now priced at Rs 115.62 per litre, while diesel costs Rs 103.76 per litre in the city
  • West Asia crisis will raise fuel costs for common people: Sitharaman

    Nirmala Sitharaman said the West Asia crisis could raise fuel and shipping costs for common people and businesses as petrol and diesel prices rose again. She added the government sacrificed Rs 1 lakh crore in revenue through excise duty cuts
  • Petrol and diesel prices hiked again, fuel rates rise over Rs 7.5 per litre in two weeks

    Petrol and diesel prices were increased again across India, taking cumulative hikes to nearly Rs 7.5 per litre within two weeks, as rising crude oil prices, weaker rupee and global tensions pushed import and refining costs higher.
  • OMCs dismiss fuel and LPG shortage concerns, urge public not to rely on rumours

    According to HPCL, petrol supplies in Rajasthan increased 19 per cent between May 1 and May 20 compared to historical sales, while diesel supplies rose 24.5 per cent during the same period
  • Rahul Gandhi claims Modi’s ‘remote control’ is with Donald Trump

    Rahul Gandhi accused Prime Minister Narendra Modi of compromising India’s interests to protect industrialist Gautam Adani and alleged US pressure over the Adani case. Speaking in Raebareli, Gandhi also criticised rising inflation, fuel prices, and unemployment
  • Delhi cuts VAT on aviation fuel from 25 per cent to 7 per cent

    The Delhi government reduced VAT on aviation turbine fuel from 25% to 7% to support airlines and passengers amid global fuel uncertainty linked to the West Asia conflict. The decision was approved during a Cabinet meeting chaired by Chief Minister Rekha Gupta
  • Transport Minister Ponnam slams BJP for revising fuel prices

    Transport Minister Ponnam Prabhakar accused the BJP-led Centre of misleading people by raising fuel prices soon after Assembly elections in four States. He said the government had assured voters there would be no hike, but reversed its stance once results were declared, citing the West Asia conflict as justification.
  • Rahul Gandhi says ‘compromised PM’ can no longer run country

    The Indian National Congress attacked Narendra Modi over his appeal for austerity measures amid the West Asia conflict, calling it proof of economic failure. Rahul Gandhi and Mallikarjun Kharge accused the government of shifting responsibility onto citizens after years of mismanagement
  • No petrol or diesel price hike announced, says PIB Fact Check

    The PIB Fact Check unit dismissed as fake a viral social media message claiming a sharp increase in petrol and diesel prices. The government clarified that no such order had been issued and assured adequate fuel availability despite global energy market volatility
  • Fuel price freeze pushes petrol loss to Rs 18 per litre, diesel to Rs 35

    State-owned oil companies are incurring losses of Rs 18 per litre on petrol and Rs 35 on diesel as fuel prices remain unchanged despite rising crude costs. The losses may lead to price hikes after upcoming state elections
  • Centre slashes excise duty on petrol and diesel by Rs 10 per litre each

    The government cut excise duty on petrol and diesel by Rs 10 per litre to ease global oil price pressures, while assuring adequate fuel supplies and dismissing shortage fears amid the ongoing Middle East crisis.
  • Large oil refinery explosion near Texas coast

    An explosion at a Valero Energy refinery in Port Arthur sent thick smoke into the air, prompting shelter-in-place orders. No injuries were reported, while authorities monitored air quality amid concerns over rising fuel prices and global oil supply disruptions
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