Page 2 - Petrol-diesel Prices

The math goes all wrong for fuel retailers despite sustained oil price hike

Demand destruction led by Covid-19 and the EV push, cutback in retail prices could end up making the business of running fuel stations unviable

Petrol pump dealers not to buy from OMCs today to demand higher commission

Petrol Pump Dealers Association said its members in 22 states will join the protest

Analysts bullish on auto stocks amid govt. measures on fuel, steel price

At the operational level, Nomura sees margin benefit for companies in the backdrop of a cut in steel prices

Govt needs to clarify whether it wants oil price control or exports

The consequences of such confused messaging were felt in the lack of bidders for BPCL, forcing Delhi to abandon efforts to privatise the refiner

Monthly budget up 10% in three months amid rising fuel prices: Survey

Seventy per cent of those surveyed saw at least 10 per cent increase in their monthly budget, while 55 per cent expect prices to go up by another 10 per cent in the next three months

Prices of food items continuing to increase in May, says RBI report

"Pulses prices remained steady, although tur prices have moderated while masoor prices edged up. Edible oils prices registered a broad-based increase," the report said.

Fearing closure of petrol pumps, RIL-BP drafting a rescue plan: Report

Earlier in 2008, RIL had compensated dealers when it shut retail outlets due to high crude oil prices and lack of support from the government

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 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

PM talked about VAT on fuel by states, didn't mention govt excise: Gehlot

Gehlot claimed Centre has earned about Rs 26 trn from excise duty in 8 years which, he said, is the highest amount earned by any dispensation in history of the country by imposing tax on petrol-diesel

Blame game does not give relief to common man: Fadnavis on Uddhav's remark

Senior BJP leader Devendra Fadnavis also asked chief minister Uddhav Thackeray whether he would slash the VAT on petrol and diesel in July when Union government clears all the dues

Centre earned highest revenue by taxing petrol & diesel: Ashok Gehlot

Rajasthan imposes VAT of 30 per cent on petrol and 22 per cent diesel, which are among the highest in the country

India's fuel sales fall in April first half after record rise in prices

Petrol sales fell almost 10 per cent in the first half of April when compared with the same period in the preceding month, while diesel demand slid 15.6 per cent

Petrol prices up again; rise by Rs 4.80 per litre in eight days

In Chennai too, they were increased. Petrol there now costs Rs 105.94 and diesel Rs 96 per litre

Petrol, diesel prices hiked for fifth time in 6 days as Cong plans protests

Petrol and diesel in Delhi are selling at Rs 99.11 per litre and Rs 90.42 per litre Sunday morning after prices increased by 50 and 55 paise.

Markets are not fully pricing in fuel-led inflation yet, say analysts

Retail prices of petrol and diesel had been on a freeze since October 2021 when crude oil prices were hovering around $80 a barrel

Sonia Gandhi leads opposition protest in LS against rising fuel prices

The Congress president continued to sit in the House even after the Question Hour

Will petrol, diesel price hike set OMC stocks on fire? What charts suggest

Except IOC, which managed to hold 200-DMA, other stocks are in no mood to conquer their respective hurdles yet, technical charts indicate

India to raise petrol, diesel prices after 4-month hiatus, say dealers

India's three state-run fuel retailers - Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum Corp - dominate fuel retailing in India, and tend to move their prices together

Petrol, diesel price hike on wait-and-watch mode, CNG rates increased

CNG price in Delhi and adjoining cities on Tuesday was hiked by Rs 0.50 per kg, while an imminent increase in petrol and diesel price is on wait-and-watch mode for more clarity on global oil prices