"fuel-prices"

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

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.

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

Leader of Opposition Rahul Gandhi alleged that the government is avoiding a discussion in Parliament on the West Asia crisis as it would expose Prime Minister Narendra Modi. Opposition parties have demanded a debate citing concerns over fuel prices and economic impact

Cheaper food and fuel prices drive down wholesale and retail inflation; RBI projects CPI at 3.1 per cent for 2025–26

Wholesale inflation fell to 0.39% in May due to lower food and fuel prices. However, rising crude oil prices and monsoon delays may push inflation up slightly in June. Retail inflation remains low, supporting RBI’s recent interest rate cut

The Modi government was burdening citizens with excessive taxes and cesses, leading to skyrocketing fuel prices, even as crude oil prices in the international market decreased, said KTR.

While IOCL has depots at Kavaratti and Minicoy, the product at these depots is supplied from the IOCL depot in Kochi, Kerala.

In a post in Hindi on 'X', the Congress general secretary said crude oil has become cheaper by 29 per cent in the international market in the last 19 months

According to sources, the Ministry for Petroleum and Natural Gas has worked out various combinations and permutations on the price cuts ranging from Rs 4 to Rs 10 per litre in the two fuels

Pakistan faces an uphill task when it comes to economic recovery under a caretaker government following the approval of a $3 billion loan by the International Monetary Fund in July

In an open letter to the Centre, the Minister KT Rama Rao said the only way to escape from the Centre’s blood thirst was to get drive the BJP away from power

He reminded that Telangana had not increased the value added tax (VAT) on fuel since 2014.

Colombo: Sri Lanka’s state-owned Ceylon Petroleum Corporation (CPC) and the Lanka Indian Oil Corporation (LIOC) have reduced the retail price of fuel. The two state-owned oil companies reduced the retail price of fuel from Sunday evening, Xinhua news agency reported. The price of a litre of Octane 92 petrol will be reduced by Rs 20, […]

Hyderabad: Making light of the BJP leaders claims on fuel price reductions and demands to the State government to slash VAT, Industries Minister KT Rama Rao on Sunday said it was Central Government, which was responsible for rising fuel prices. He further suggested that if the ‘cess’ was scrapped, fuel prices would automatically fall down […]

Islamabad: Pakistan’s ousted prime minister Imran Khan has once again praised India for reducing fuel prices with the help of “discounted oil” from Russia, saying this is what his government was working to achieve with the help of an “independent foreign policy.” The Indian government on Saturday cut excise duty on petrol by a record […]

New Delhi: A day after the reduction in excise duty on petrol and diesel, the Congress on Sunday said that the step was a political gimmick and not relief to people, as it was like ‘three steps forward and two steps back’. Addressing a press conference here, Congress spokesperson Gaurav Vallabh said that the BJP […]

Hyderabad: The controversy over fuel prices continued on Thursday too with Minister K T Rama Rao hitting back at the Centre reminding about the collection of cesses thereby depriving the States of their rightful share. The war of words on the social media platform was triggered when union Petroleum and Natural Minister Hardeep Singh Puri […]

Hyderabad: What was supposed to be a platform for discussing the prevalence of Covid in the country turned out to be a platform to point accusing fingers at the States, for the Prime Minister Narendra Modi on Wednesday. He used the interaction with the Chief Ministers to literally arm twist the non-BJP ruled States on […]

Colombo: Sri Lanka’s state-owned Ceylon Petroleum Corporation (CPC) has increased fuel prices to a record high. With the latest price hike on Monday, the price of Octane 92 petrol rose by 33.1 per cent to a record 338 Sri Lankan rupees ($1.04) a litre, and the price of auto diesel increased by 64.2 per cent […]