Reduction, which comes ahead of Assembly elections, may not last as crude oil prices rise with Suez Canal blockage
I would be glad to be having this on the agenda and discuss it. I have no issues. Let the states come and discuss it, she said in the Lok Sabha.
The collections on petrol and diesel rose to Rs 2.94 trillion in the first 10 months of the current fiscal
Expensive retail fuel can trigger inflation, hurting a fragile economic recovery. Devangshu Datta explains who loses - and gains somewhat - when prices rise
Ahead of the Assembly polls in four states and one Union Territory, Rajasthan Chief Minister Ashok Gehlot on Sunday accused the Central government of keeping the fuel prices stable for political gain
India's fuel demand, except ATF, has returned to pre-Covid levels and a reflating economy will help consumption grow in near future
RBI should not digress from maintaining price stability
Fuel prices in the country have remained steady for three weeks now as softening crude and upcoming assembly elections in a few states have kept Oil companies from revising the retail prices
In Mumbai, the petrol price stood at Rs 97.57 per litre--the same since Feb 27. In Chennai, petrol was at Rs 93.11. Diesel was selling at Rs 86.45 in the city
Prices have stabilised amid an outcry over record-high fuel prices, which have been witnessing an upswing since January
Fuel prices in the country have remained steady for over a fortnight now even though global oil market remains volatile with regular variations in prices
At present, an important reason for the large leeway around the inflation target lies in the behaviour of the prices of oil and food, which can push prices more generally
The announcement comes amid record-high fuel prices
Minister of State for Finance Anurag Thakur on Monday said both the Centre and the states need to think about reducing taxes on petrol and diesel
To protest the rising inflation, fuel prices, unemployment, and anarchy in Uttarakhand, the Congress on Sunday took out a protest march against the BJP government in the state.
Food inflation rose to 3.87 per cent from 3.11 per cent over this period.
In Mumbai, petrol price stood at Rs 97.57 per litre--the same since Feb 27
On a monthly basis, demand slipped by 4.6%
The Delhi government is in favour of bringing petrol and diesel under the Goods and Services Tax (GST) regime, Home Minister Satyendar Jain said in the legislative assembly on Wednesday.
Maharashtra Deputy Chief Minister Ajit Pawar on Wednesday demanded that petrol and diesel be brought under the Goods and Services Tax (GST)