Fuel price News: Fuel price Latest News and Headlines Today

Such a hike in levy on petrol and diesel will hit the common man since the extra cost will be passed on to ordinary consumers, Tharoor said, adding the Budget has done “disservice to the ordinary person”.

Budget has no roadmap to push economy to 5 trillion dollar mark: Shashi Tharoor

Jul 06, 2019 17:18

Such a hike in levy on petrol and diesel will hit the common man since the extra cost will be passed on to ordinary consumers, Tharoor said, adding the Budget has done “disservice to the ordinary person”. read more

Passenger vehicle sales in May were recorded at 239,347 units, compared to 301,238 units in May, 2018. Such a drop was last seen in September 2001 when sales had dropped by 21.91%.

Auto slump continues, May sales see biggest dip in 18 years

Jun 12, 2019 07:27

Passenger vehicle sales in May were recorded at 239,347 units, compared to 301,238 units in May, 2018. Such a drop was last seen in September 2001 when sales had dropped by 21.91%. read more

A similar stagnation in petrol prices could be seen during the April -May period in 2018 just before the Karnataka elections when the Brent oil price increased by 11% in a one-month duration while price of petrol changed by less than 1%.

Fuel rates stagnate before polls despite global price fluctuations

Apr 17, 2019 07:25

A similar stagnation in petrol prices could be seen during the April -May period in 2018 just before the Karnataka elections when the Brent oil price increased by 11% in a one-month duration while price of petrol changed by less than 1%. read more

The Wholesale Price Index (WPI)-based inflation was at 2.93 per cent and 2.76 per cent in February and January this year, respectively, and 3.46 per cent in December 2018. It was 2.74 per cent in March last year.

WPI inflation spikes to 3.18% in March on costlier food, fuel

Apr 15, 2019 18:33

The Wholesale Price Index (WPI)-based inflation was at 2.93 per cent and 2.76 per cent in February and January this year, respectively, and 3.46 per cent in December 2018. It was 2.74 per cent in March last year. read more

Fuel prices in the country are based on a 15-day average of global crude prices and the rupee-US dollar exchange rate. Currently, the benchmark Brent crude oil is priced around $71.5 per barrel.

Petrol price up 6 paise, diesel by 7 paise on Sunday

Apr 14, 2019 18:57

Fuel prices in the country are based on a 15-day average of global crude prices and the rupee-US dollar exchange rate. Currently, the benchmark Brent crude oil is priced around $71.5 per barrel. read more

The letter from Egypt’s finance minister and central bank governor was included in an IMF staff report dated Jan. 28 and published following the disbursement in February of the fifth out of six tranches of the loan.

Egypt to slash fuel subsidies as it nears end of IMF programme

Apr 06, 2019 10:47

The letter from Egypt’s finance minister and central bank governor was included in an IMF staff report dated Jan. 28 and published following the disbursement in February of the fifth out of six tranches of the loan. read more

As per the India’s dynamic pricing mechanism, the domestic fuel prices depend upon international fuel prices on a 15-day average and the value of the rupee.

Petrol prices below Rs 70 in Delhi; lowest in 2018

Dec 24, 2018 21:10

As per the India’s dynamic pricing mechanism, the domestic fuel prices depend upon international fuel prices on a 15-day average and the value of the rupee. read more

There was a massive increase of Rs 5,770 crore in renewable energy subsidies from 2016 to 2017, which shows that the energy mix in India is gradually changing.

Fall in oil and gas subsidies: Report

Dec 22, 2018 08:26

There was a massive increase of Rs 5,770 crore in renewable energy subsidies from 2016 to 2017, which shows that the energy mix in India is gradually changing. read more

According to Boeing, India would need 1,940 single-aisle planes worth USD 220 billion and 350 wide-body aircraft valued at USD 100 billion.

Indian carriers will need 2,300 planes worth billions in 20 years: Boeing

Dec 19, 2018 18:23

According to Boeing, India would need 1,940 single-aisle planes worth USD 220 billion and 350 wide-body aircraft valued at USD 100 billion. read more

The decline in diesel prices so far has been nearly 14 per cent from the highs touched in October. In Delhi, the fuel was sold for Rs 65.30 per litre, 13.72 per cent lower than the all-time high of Rs 75.69, recorded on October 16 and 17.

Petrol prices down nearly 15% from record high levels

Dec 08, 2018 22:01

The decline in diesel prices so far has been nearly 14 per cent from the highs touched in October. In Delhi, the fuel was sold for Rs 65.30 per litre, 13.72 per cent lower than the all-time high of Rs 75.69, recorded on October 16 and 17. read more

The “yellow vest” protests began Nov. 17 over the government plan to raise taxes on diesel and gasoline, but by the time Macron bowed to three weeks of violence and abandoned the new fuel tax, protesters were demanding much more.

Macron scraps French fuel tax hike amid violent protests

Dec 06, 2018 08:08

The “yellow vest” protests began Nov. 17 over the government plan to raise taxes on diesel and gasoline, but by the time Macron bowed to three weeks of violence and abandoned the new fuel tax, protesters were demanding much more. read more

India, and every other country facing agrarian unrest, would do well to take note of events in France

Lessons from the Paris riots

Dec 04, 2018 07:56

India, and every other country facing agrarian unrest, would do well to take note of events in France read more

They have cited fuel price and manpower cost among various reasons for the fare hike

Private bus operators in Pune hike fare by 15-20 per cent

Nov 24, 2018 14:43

They have cited fuel price and manpower cost among various reasons for the fare hike read more

Aggregator cabs are great for users but what do they mean for the city?

Nov 22, 2018 00:29