Free Press Journal
  • petrol price hike, petrol price, K R Sudhaman, GDP, economy

    Surging petrol prices may ease as crude oil cost declines

    Mumbai: Petrol prices across the four metro cities rose for the 12 consecutive day on Friday, but consumers can expect some respite in the coming days as global crude oil cost eased. In the national capital, price of petrol rose to Rs 77.83 from Rs 77.47 per litre on day-to-day basis.

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    Nitin Gadkari advocates bringing fuel under GST to curb price hike

    New Delhi: With petrol and diesel rates skyrocketing on a daily basis,  Road Transport and Highways Minister Nitin Gadkari on Friday advocated bringing fuel under the GST to curb the price hike. “Petrol and diesel should have been brought under the Goods and Services Tax. I asked officials during a presentation if we bring fuel prices under GST will it benefit the states or not.

  • petrol price hike, petrol price, K R Sudhaman, GDP, economy

    Fuel price hike: Petrol, Diesel prices continue to rise for 12th straight day

    New Delhi: Fuel prices continued to increase for the 12th straight day today, with petrol and diesel prices hiked by 32 and 18 paise, respectively. As per the Indian Oil Corporation (IOCL), revised petrol prices in metropolitan cities are Delhi Rs 77.83 per litre; Mumbai 85.65; Kolkata 80.47 and Chennai 80.80; whereas diesel prices are: Delhi 68.75; Mumbai 73.2; Chennai 72.58; Kolkata 71.30.

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    Petrol excise duty cut will hit welfare schemes: Nitin Gadkari

    NEW DELHI: The BJP cannot afford to cut excise on petrol; to do so would be to jeopardise most of its welfare schemes which subsist on government subsidies. Speaking to a mainline newspaper, Union Minister for Roads and Highways Nitin Gadkari has even sounded a note of caution in this regard.

  • Ujjain: Congress workers take to streets to protest hike in price of petroleum products

    Ujjain: City Congress committee and its block units organised a dharna at different places here on Wednesday in protest against steep hike in the rates of petrol and diesel. Despite strict police ‘bandobast’, the party workers somehow managed to burn the effigy of Prime Minister Narendra Modi as a mark of their protest.

  • Indore: Congress fetes people for buying high-price petrol

    Indore: Targeting the union and state government over fuel hike, the local Congress party activists staged demonstration at most petrol pumps in the city on Wednesday. Congressmen not only raised slogans against continuous fuel hike but felicitated commuters present at petrol pumps for being brave enough to buy fuel at high rates.

  • Fuel price hike may lead to increase in air fares: Experts

    Mumbai: The nearly 30 per cent increase in aviation turbine fuel (ATF) over the last one year could compel domestic airlines to go for a upward fare revision to offset the increased cost of operations, according to experts.

  • Petrol price can be cut by Rs 25 per litre: P Chidambaram

    New Delhi: Congress leader and former Union Finance Minister P. Chidambaram on Wednesday criticised the Centre for the fuel price hike and claimed that the rate can be reduced by Rs 25 per litre but the government is not doing it.

  • petrol price hike, petrol price, K R Sudhaman, GDP, economy

    Fuel Price Hike: Bring petrol, diesel under GST ambit, says Congress

    New Delhi: Making a scathing attack on the BJP-led Central government, the Congress on Tuesday questioned the constant rise in petrol and diesel prices, and demanded they be brought under the Goods and Services Tax (GST) ambit. It also asked the Central government to immediately reduce the central excise duty on petroleum products and demanded that the BJP-ruled state governments should also reduce Value Added Tax (VAT) and other taxes on the same

  • ‘Won’t take much time for petrol prices to reach Rs 100 at this speed’

    Bhopal/ Mumbai : As the prices of petrol and diesel continued to soar high on Tuesday, the public requested the government to reduce the price as it’s affecting their budget. In Madhya Pradesh’s Bhopal city, the petrol price touched Rs 82.47 per litre while diesel reached at Rs 71.66 per litre.

  • mumbai, hike, petrol price in mumbai, hike in petrol price, anger in public

    Petrol Prices Up: After Delhi, Mumbai, Chennai touches Rs 79.79 per litre

    New Delhi: After reaching unprecedented highs in Delhi and Mumbai, petrol prices touched a record high in Chennai, at Rs 79.79 per litre on Tuesday. With this, the fuel price breached its previous record of Rs 79.55 in the city, hit in September 2013.

  • Petrol & diesel price hike: The coming oil challenge

    At one level, consumers of petrol, diesel and other petroleum products might find it hard to swallow that when the global prices of crude oil were down sharply, there was no commensurate reduction in the retail prices. And now that the global prices of crude are yet again creeping up slowly but surely, the oil marketing companies are quick to pass the burden to the consumers. Pump prices of petrol moved up

  • Petrol prices

    Excise duty hiked on petrol, diesel

    New Delhi – Government today hiked excise duty on petrol by Rs 0.37 per litre and by Rs 2 a litre on diesel, the second increase in duties in just over two weeks, to mop up a little less than Rs 4,400 crore.

  • Fuel price hike

    Fuel price hike: Centre has failed at economic management, says Congress

    New Delhi : The Congress party on Saturday accused the Prime Minister Narendra Modi-led government at the Centre of failing at economic management and questioned the promise of ‘acche din’ to the people of the country. The grand old party was reacting to the steep hike in fuel prices, the second in May. “In the May 2008, when crude oil prices were almost touching 140 USD a barrel, the UPA government was compelled to

  • Cong stages state-wide stir against fuel price rise

    Mumbai : Maharashtra Pradesh Congress Committee (MPCC) on Sunday organised state-wide demonstrations to condemn the price-rise and expose the wrong policies of the Modi government.