Airfares to be cheaper? Govt to ask airlines to pass on benefits of low fuel prices to passengers

Airfares to be cheaper? Govt to ask airlines to pass on benefits of low fuel prices to passengers

Civil Aviation Minister Ashok Gajapati Raju, however, said the government will not dictate on air ticket rates.

Petrol, diesel prices may be slashed today

The oil marketing companies had revised the prices on August 15. Petrol was made cheaper by Rs 1.27 and diesel by Rs 1.17 per litre in the NCR.

CPI(M) demands rollback of VAT hike on fuel in Delhi

Opposing AAP government's decision to increase VAT rates on fuel, CPI(M) Friday demanded the Arvind Kejriwal dispensation to stop playing "cynical games" with the public and withdraw the hike immediately.

Petrol prices cut by 31 paise, diesel 71 paise

The cut in petrol prices comes on back of three successive increases since May, while this is the second reduction in diesel rates this month.

Petrol prices slashed by 31 paise, diesel by 71 paise; effective midnight

Petrol price on Tuesday was cut by 31 paise a litre, and diesel price by 71 paise a litre, effective midnight tonight.

AAP to protest against hike in fuel prices

Aam Aadmi Party (AAP) leader Sanjay Singh on Saturday said that his party would stage a protest in the national capital on Sunday against the recent hike in fuel prices. 

Petrol prices slashed by 49 paise, diesel by Rs 1.21

The retail price of petrol has been cut by 49 paise per litre and that of diesel by Rs 1.21 per litre. With this change, the price of diesel in Delhi will become Rs 48.50/litre while petrol will cost Rs 60 per litre.

Petrol, diesel prices hiked by over Rs 3/litre each

Petrol, diesel prices hiked by over Rs 3/litre each

Petrol price was Saturday hiked by Rs 3.18 per litre and diesel by Rs 3.09, the second increase in rates this month on rising international oil rates.

Petrol prices hiked by Rs 3.18 per litre; diesel by Rs 3.09

Oil marketing companies have decided to increase petrol pries by Rs 3.18 per litre and diesel by Rs 3.09 with effect from midnight Saturday.

'Petrol prices in Pakistan lowest in the region'

Pakistan has passed maximum benefit of reduction in oil prices in the international market to the people, a senior minister has said following the slashing of fuel prices by the government.

What cheap gas? Some automakers still push electrics

Cheap fuel prices are not deterring some automakers from building up their offerings of alternative fuel vehicles.

Excise duty on petrol, diesel hiked; no change in retail price

The oil firms had yesterday skipped cutting rates of the two fuels that had become necessary as international oil rates plunged to their lowest level since May 2009.

Govt raises excise duty on petrol, diesel by Rs 2 per litre

The government on Thursday hiked the excise duty on petrol and diesel by Rs 2 per litre.

CPI(M) motion on reduction of fuel prices a test for BJP in Rajya Sabha

A Statutory Motion moved by CPI(M) in the Rajya Sabha seeking reduction of fuel prices may test the real strength of ruling BJP in the Upper House soon after the just-ended stalemate over the Sadhvi Niranjan Jyoti issue.

Diesel deregulated; prices cut by Rs 3.37 per litre

In a bold reform decision, the government on Saturday decided to deregulate the price of diesel with immediate effect, leading to a fall of Rs 3.37 per litre with effect from midnight tonight.

Need to lower inflation before cutting rates: RBI Chief

The RBI wants to bring down interest rates when it is "feasible", Rajan told a banking conference.

Petrol price cut by Rs 1.09 per litre; diesel gets costlier

The revisions will be effective midnight tonight, Indian Oil Corp, the nation's largest oil firm, announced on Thursday.

Egypt PM rejects public outrage against fuel price hike

Egyptian Prime Minister Ibrahim Mahlab has rejected public outrage against the recent hike in fuel prices and asked them to accept the decision.

Egypt raises fuel prices to slash subsidies

Egypt's government has drastically raised fuel prices to tackle a bloated subsidy system, in a potentially unpopular move that could present newly elected President Abdel Fattah al-Sisi with his first serious challenge.

Losses on diesel more than double to Rs 3.40 a litre

With escalating violence in Iraq spooking international oil markets, losses on the sale of diesel have more than doubled to Rs 3.40 a litre even after monthly price increases.