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 Petrol price cut by Rs 1.42 per litre, diesel by Rs 2.01 a litre

Petrol price cut by Rs 1.42 per litre, diesel by Rs 2.01 a litre

Petrol price was on Sunday cut by Rs 1.42 a litre and diesel by Rs 2.01 per litre, the third reduction in rates this month on global cues.

Diesel gets costlier by Rs 1.26 per litre: Know the new price list city wise

Diesel gets costlier by Rs 1.26 per litre: Know the new price list city wise

Know the new prices of diesel in major Indian cities applicable from midnight of June 15, 2016 and June 16, 2016.

Fuel shocker! This is why petrol prices are going to surge high

Fuel shocker! This is why petrol prices are going to surge high

Global crude prices are on the upswing and may soon set domestic petrol and diesel prices on fire.

Diesel price cut by Rs 1.30 per litre, petrol by 74 paise

Diesel price cut by Rs 1.30 per litre, petrol by 74 paise

Petrol in Delhi will cost Rs 61.13 per litre from the mid-night tonight as against Rs 61.87 currently. Similarly, a litre of diesel will cost Rs 48.01 compared with Rs 49.31 at present.

 Non-subsidised LPG cylinder price slashed by Rs 61.50

Non-subsidised LPG cylinder price slashed by Rs 61.50

A day after budget, oil marketing companies (OMCs) have slashed the price of non-subsidised domestic LPG cylinder by Rs 61.50.

Jayalalithaa slams hike in prices of diesel, petrol

Slamming the latest hike in prices of diesel and petrol, Tamil Nadu Chief Minister J Jayalalithaa on Monday said while the Centre was getting revenue by revising excise duty, it was passing the burden on the common man which was "an unjust act".

Petrol prices cut by 50 paise/litre with effect from midnight; no change in diesel rates

Petrol prices cut by 50 paise/litre with effect from midnight; no change in diesel rates

Petrol price was last revised on September 1 when it was cut by Rs 2 per litre to Rs 61.20 in Delhi.

Government blames commodities slump for disinvestment challenges

Government blames commodities slump for disinvestment challenges

As challenges emerge in meeting the mammoth Rs 69,500-crore disinvestment target for this fiscal, the government today put the blame on global commodities slowdown saying many identified PSUs are from this space.

Diesel price hiked by 95 paise per litre; no change in petrol rate

Diesel price hiked by 95 paise per litre; no change in petrol rate

Diesel will cost Rs 45.90 per litre as against Rs 44.95 currently.

Rising global oil prices likely to spike up your fuel bill

Rising global oil prices likely to spike up your fuel bill

Oil prices in the global market are on the rise, resulting a costlier fuel bill for you

Govt gives tax sops on molasses to boost ethanol production

Sugar mills supplying ethanol to oil PSUs in 2015-16 season starting this month, will be eligible to avail input credit on the excise duty paid on the raw material molasses, a move aimed at promoting 10 per cent ethanol blending with petrol.

Good news, soon anyone can open petrol pump in India

Good news, soon anyone can open petrol pump in India

The government will soon work out the details of the plan after meeting with the executives of PSU oil firms.

Diesel price cut by Rs 1.30 per litre; petrol by 80 paise

The public sector oil marketing companies have announced a cut in petrol price by 80 paise per litre and in diesel by Rs 1.30 a litre here, in line with a softening trend in international markets.

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.

States urged to liberalize restrictions on ethanol supply

Minister of consumer affairs, food and public distribution Ram Vilas Paswan, has urged the states to liberlise restrictions on the supply of ethanol so that its blending with petrol can be encouraged to improve financial health of sugar sector and finally liquidation of cane dues of farmers.

Gujarat HC ruling gives Rs 1,000 cr VAT relief to ONGC

A division bench of Justices Akil Kureshi and V M Pancholi passed the order.

No plan to stop subsidised LPG to rich: Govt

The government is not considering any proposal to stop supply of subsidised cooking gas (LPG) to the rich, Oil Minister Dharmendra Pradhan said Wednesday.

Gas customers can get mini 5-kg cylinder at subsidised rate

In a move that will give cooking gas consumer more choice, state oil marketing companies have started selling mini 5-kg LPG cylinders at subsidised rates.

OMC shares drop after excise duty on petrol, diesel raised

Shares of three listed state-owned oil marketing companies (OMC) fell up to 4 percent at close today, after the government raised excise duty on petrol by Rs 2.25 per litre and by Re 1 a litre on diesel.

Revenue losses on LPG, kerosene shrink by 21%

Losses on sale of subsidised LPG and kerosene have dropped by 21 percent to Rs 148 crore per day as international oil rates hit a five-year low.