Page 3 - Fuel Prices

Reforming fuel taxes

Combination of GST and carbon tax can help

Fuel to GST: Centre-state relations may emerge as a rallying point for Oppn

Opposition chief ministers have made it clear that they would reduce tax rates on petrol and diesel if the Centre cleared their dues

Fuel sales growth moderates in April as record high prices dent demand

India's petrol and diesel sales growth moderated in April while cooking gas LPG consumption fell as record high prices dented demand, preliminary industry data showed

Aviation fuel prices rise by 3.22% to record the steepest hike of all time

Jet fuel prices on Sunday were hiked by 3.22 per cent -- the ninth straight increase this year -- to an all-time high, reflecting a surge in global energy prices.

Supply chain, higher staff, fuel costs, Ukraine add up to hurt Amazon stock

After a surge during the Covid-19 pandemic, the e-commerce giant saw expenses swelling as it offered higher pay to attract workers

Fuel tussle: Petrol dearer 5% since November in states with no VAT cut

The Trinamool Congress (TMC) tweeted that the Centre owes West Bengal a whopping Rs 97,807.91 crore

Modi's 'federalism not cooperative but coercive': Rahul on fuel price

Gandhi alleged that the prime minister is abdicating his responsibility by blaming states for the high fuel prices even when the Centre has taken 68 percent of all fuel taxes

TN CM Stalin, Kerala's Vijayan target PM Modi over high fuel prices

Modi raised the issue of many states not adhering to the Centre's call for reducing the Value Added Tax (VAT) on petrol and diesel after his government slashed excise duties on them

PM called meeting to blame states for high fuel prices: Mamata Banerjee

Banerjee demanded that the central government immediately slash the price of domestic LPG cylinders by at least Rs 300

Centre should remove cess, surcharges on fuel: TN FM Palanivel Rajan

He was responding to Prime Minister Narendra Modi's call on Wednesday to states to reduce the Value Added Tax (VAT) on fuel "in the spirit of cooperative federalism"

His federalism is not cooperative but coercive: Rahul on PM over fuel price

Gandhi's remarks came a day after Modi flagged higher fuel prices in many opposition-ruled states and urged them to reduce VAT in "national interest"

Telangana minister KTR asks Centre to scrap cess on petrol, diesel

Telangana Industry and Commerce Minister KT Rama Rao held Centre responsible for the rising prices of petrol and diesel

Bengal govt spent Rs 1,500 cr in last 3 yrs to provide fuel subsidy: Mamata

Her retort came a few hours after Prime Minister Narendra Modi, in a virtual interaction with chief ministers, flagged higher fuel prices in opposition-ruled states

Reduce VAT on fuel to control prices in national interest: Modi to states

He said the Centre had urged states to reduce taxes and transfer the benefit to the citizens

Food, fuel price shocks from Ukraine war to last at least 3 yrs: World Bank

Global food and fuel price shocks linked to the Russia-Ukraine war are set to last until at least the end of 2024 and raise the risk of of stagflation, the World Bank said

India carving opportunities from challenges amid Ukraine war: Sitharaman

The Finance Minister said she voiced her concern that countries like India which have potential for floating its agricultural produce, particularly cereals, have faced difficulties with the WTO

Curfew imposed in Sri Lanka's Rambukkana amid unrest over fuel price hike

A litre of petrol 92 octane has been increased by Rs 84 while a litre of petrol 95 octane by Rs 90, a litre of Auto Diesel by Rs 113 and a litre of super diesel has been increased by Rs 75

Sri Lanka's state-run oil company raises fuel price amidst economic crisis

The state-run Ceylon Petroleum Corporation's (CPC) new price of 92 octane petrol Rs 338 per litre is an increase of Rs 84 and now matches the per litre price of Lankan Indian oil company (LIOC)

CNG, petrol price hike: Auto, taxi unions on strike demanding subsidy

Petrol now costs Rs 105.41 and diesel Rs 96.67 per litre in the national capital; the CNG price on Monday stood at Rs 71.61 per kg

Auto, taxi unions on strike in Delhi to demand CNG subsidy, fare hike

Various auto-rickshaw, cab and taxi unions in the national capital went on a strike on Monday, demanding a CNG subsidy and a fare revision in the wake of rising fuel prices.