"Fuel Prices"
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Will Fuel Prices Rise In India Amid Middle East Crisis? Here’s What Hardeep Puri SaidHowever, India has diversified its oil sources by increasing imports from Russia as well as the US and building resilience through strategic reserves.Zee News - Published | |
Indian aviation set to grow by 10% by FY2026, but financial losses likely to persist: ICRA reportIndia's aviation sector anticipates continued growth in FY2026, with domestic air passenger traffic projected to rise by 7–10%, reaching 175-181 million. Despite this surge and a 16.8% recovery above..IndiaTimes - Published | |
India's coal-fired power output dips at fastest pace in May; renewable energy surges record high; check reason behindIndia's coal-fired electricity generation witnessed a significant 9.5% decline in May, the steepest in five years, driven by reduced power demand and a surge in renewable energy output. Overall..IndiaTimes - Published | |
Major Relief For Airlines: Jet Fuel Prices Slashed By Rs 2,414.25 Per Kiloliter; Check Latest RatesThis new price cut is likely to bring some relief to airlines, which depend heavily on ATF for their flights.Zee News - Published | |
Mumbai rains: Early monsoon makes vegetable a luxury!Mumbai rains: Citizens say kitchen staples now burning hole in budgets, with vegetables now costing twice as much. The sudden surge in prices has left consumers scrambling to balance household budgets...Mid-Day - Published | |
Oil firms slash commercial LPG, jet fuel pricesnewKerala.com - Published | |
On World Pilots' Day, Sky One Group Chairman Jaideep Mirchandani Calls for Stronger Domestic Pilot Training Infrastructure to Meet Soaring Demand![]() NewsVoir - Published | |
India's neighboring country hits jackpot with huge natural gas and..., the country is...The company reports that the new wells are already producing approximately 20 million cubic feet of natural gas and 122 barrels of crude oil daily, which could alleviate some of the energy strain on..DNA - Published | |
WPI inflation likely eased to 2.1% in March on lower food, fuel prices: Union Bank ReportnewKerala.com - Published | |
Window opens for fuel price cut as US-China tariff war trips oil pricesOil prices hit their lowest since mid-2021, influenced by China's tariff retaliation against the US and OPEC+'s decision to increase production. This decline offers India an opportunity to lower fuel..IndiaTimes - Published | |
Kharge slams PM Modi's 'Mann Ki Baat' as 'one-sided podcast'; accuses Centre of 'robbing public’ over petrol pricesCongress President Mallikarjun Kharge criticized PM Modi's government for not reducing fuel prices despite a 34% drop in global crude oil prices since 2014, accusing them of burdening the public and..IndiaTimes - Published | |
Number of public buses with states show drop, revenue losses up 68% in 4 years till 2022Between 2018-19 and 2021-22, the number of buses operated by state road transport undertakings (SRTUs) declined from 1.52 lakh to 1.47 lakh, while revenue losses surged by 68 per cent to ₹30,192..IndiaTimes - Published | |
Opposition, treasury benches spar over Budget; DMK terms tax relief 'sugar rush'Opposition and treasury benches clashed over the Union Budget in parliament. Congress' P Chidambaram criticized the Budget for lacking philosophy and failing to cut fuel prices or raise wages, while..IndiaTimes - Published | IndiGo Q3 net falls 18% on weak rupeeIndiGo has reported an 18% decrease in Q3 profit to Rs 2,449 crore despite a 14.6% rise in total income, impacted by the weaker rupee. Benign fuel prices were insufficient to offset dollar-denominated..IndiaTimes - Published |
Over 10 Lakh Syrians Homeless Since Recent Rise Of Hostilities, Says UNIn Syria's northwest, the lack of flour and fuel has shuttered Aleppo bakeries, the office said. There are limited vegetable supplies. Electricity outages are reported in some neighborhoods. Fuel..Zee News - Published | India's Retail Inflation Likely To Ease: Morgan Stanley ReportThe core CPI includes goods and services but excludes food and fuel, the prices of which are considered more volatile.Zee News - Published |
Commercial LPG hike by Rs 16.5, jet fuel 1.45% up; household cooking gas remains unchangedCommercial LPG and aviation fuel prices in New Delhi surge following the monthly revision to align with international oil price trends. Commercial LPG rates now stand at Rs 1818.50 per 19 kg cylinder,..IndiaTimes - Published | Sri Lanka's key consumer price index falls 2.1% in NovemberSri Lanka's consumer price index fell by 2.1% year-on-year in November, marking the lowest inflation point in nine years. Declines in power tariffs, fuel prices, and an appreciating rupee reduced..IndiaTimes - Published |
OMCs' Operating Profit To Drop By 30% In FY25 Amid Diesel Spread Softening: Crisil ReportsThe report notes that stable retail fuel prices amid volatile oil prices will help support overall returns for the industry.Zee News - Published | Unchanged Retail Fuel Prices Amid Oil Volatility To Support Returns For Industry: ReportOMCs are projected to see operating profit drop to $12-14 per barrel in fiscal 2025 from $20 per barrel last fiscal.Zee News - Published |
Festive season sees Mumbai airfares to north India spikeNavi Mumbai airport will start operating next year. Diwali week will be the last with high flight demand in Mumbai. Currently, airfares to northern cities are very high from Mumbai. Cheaper options..IndiaTimes - Published | WPI inflation eases to a four-month low of 1.3% in Aug as fuel prices softenIndia's wholesale price inflation dropped to a four-month low of 1.3% in August from July's 2%, driven by reduced prices for fuel, power, and manufactured products. Core inflation fell to 0.7%, and..IndiaTimes - Published |
Puri takes a ‘khata-khat’ jab at Rahul over Karnataka fuel price hikeOil minister Hardeep Puri highlighted the differences in fuel prices in states governed by BJP and its allies, mentioning past reductions in state levies by BJP-ruled states.IndiaTimes - Published | 'Karnataka govt remains committed to keeping fuel prices reasonable': CM SiddaramaiahKarnataka CM Siddaramaiah assures commitment to maintaining reasonable fuel prices despite recent VAT increase. Diesel prices in Karnataka remain lower than Gujarat and Madhya Pradesh. CM accuses..IndiaTimes - Published |
Karnataka's Congress government raises fuel prices by Rs 3/litre, BJP fumesBarely a fortnight since Lok Sabha poll results, Karnataka's Congress govt Saturday increased the prices of petrol and diesel by Rs 3 with immediate effect through a revision in retail taxes. BJP..IndiaTimes - Published | Trapped in net of apathy, Kolis fish for a better dealConsidered one of the original inhabitants of the city, Kolis are finding it hard to eke out a living due to overfishing, use of purse seine nets, pollution, steep rise in fuel prices and govt apathy...IndiaTimes - Published |
South Africa: Africa Tax In Brief - ENSIn order to address the effects of the 15% increase in fuel prices which came into effect on 3 February 2024, the following ad hoc tax changes have been announced through a public notice...Mondaq - Published | Modi criticises Nehru as he has no achievement: PawarPawar criticises Modi for targeting Nehru over lack of achievements. Highlights unmet promises on fuel prices, jobs. Supports Congress against BJP's coercion, criticises Modi's neglect of Chinese..IndiaTimes - Published |
Fuel prices in Pakistan likely to hit PKR 8.50 per litreAs the situation in the Middle East continues to unfold, the higher international market is estimated to push up the prices of petrol and high-speed diesel by about Pakistani currency (PKR) 2.50 and..IndiaTimes - Published | DMK manifesto promises repeal of CAA, stalling UCCDMK's manifesto challenges BJP, advocating for statehood restoration, governors' accountability, and social justice reforms. It promises nationwide entitlements, reduced fuel prices, and an egalitarian..IndiaTimes - Published |
IOC cuts fuel prices by Rs 15 in Lakshadweep as infra levy endsIndianOil slashes petrol and diesel rates in Lakshadweep by up to Rs 15.3 per litre, aiming to boost tourism and living standards. The move follows PM Modi's visit, with prices adjusted based on sales..IndiaTimes - Published | Petrol, Diesel Prices Reduced By Rs 15.3 In Lakshadweep IslandsThe reduction in fuel prices comes as a result of the removal of an element amounting to Rs 6.90 per litre.Zee News - Published |
Fuel prices slashed by Rs 2: Check prices of petrol and diesel in MumbaiMumbai's petrol dealers expect a rush of customers with prices set to drop by Rs 2 per litre for petrol and diesel. Concerns arise about potential losses and the need for price protection due to excise..IndiaTimes - Published | Cut in fuel prices will boost consumer spending: Oil ministerGovt-run fuel retailers on Thursday slashed prices of petrol and diesel by Rs 2 per litre. In a separate post on X, the oil ministry said the latest reduction will "boost consumer spending and reduce..IndiaTimes - Published |
Rajasthan Petrol Pump Strike: Fuel Stations Go On Strike Demanding Reduction In VATAddressing rallies during the assembly elections held in November, Prime Minister Narendra Modi had promised to look into ways to reduce the fuel prices in the state. Long queues were witnessed at fuel..Zee News - Published | ‘Road rage, pending challans, fuel prices big concerns of car owners’IndiaTimes - Published |
Petrol, Diesel Price Updates: Check Fuel Rates For February 9Check out today’s petrol and diesel prices in different cities. Know what affects fuel prices in India.Zee News - Published | Latest Petrol And Diesel Prices On January 29, 2024: A City-Wise Rate CheckStay updated with the latest fuel prices in India's major cities as of January 29. Get the current rates for petrol and diesel in Delhi, Mumbai, Chennai, and Bengaluru.Zee News - Published |
IOC net leaps to Rs 8,063cr as oil slides but fuel prices stay amid price freezeIndian Oil Corporation's net profit surged to Rs 8,063 crore in Q3 2023, driven by lower crude prices and unchanged fuel prices. The profit, however, decreased by 37% sequentially. The company's gross..IndiaTimes - Published | Crude now below $80/barrel, government may offer pre-poll reliefConsumers can expect a reduction in fuel prices as oil prices have dropped, giving the government room to bring down the cost of living. The decline in oil prices has increased marketing margins for..IndiaTimes - Published |
No control on looting by Modi government: Congress Chief slams centre over prices of crude oilCongress President Mallikarjun Kharge criticizes the Union government for not reducing petrol and diesel prices despite falling global crude oil prices. He accuses the Modi government of allowing oil..IndiaTimes - Published | IndiGo Strikes-Off Fuel Charge On Domestic & International Routes After ATF Prices ReduceIndiGo, a major Indian airline, halts fuel charge collection on tickets after a surge in jet fuel prices, effective three months post introduction.Zee News - Published |
Oil Prices To Go Down? Here's What Industry Sources Are SayingThe current dip in international crude oil prices is a key factor influencing the decision to cut fuel prices in India.Zee News - Published | New Year bonanza! Centre may reduce petrol, diesel prices by this much, check latest fuel rates of your cityFuel prices in India might be significantly lowered before the Lok Sabha elections in 2024. The finance ministry awaits the final nod.DNA - Published |
Indian airlines likely to prune losses to Rs 3,000-5,000 cr this fiscal: ICRAIndian airline industry expects to reduce net losses in FY2023 to Rs 3,000-5,000 crore from an estimated Rs 17,000-17,500 crore. ICRA predicts domestic air passenger traffic to grow by 8-13% in FY2024..IndiaTimes - Published | 'Covid destroyed financial viability of airlines but..': Civil Aviation Minister responds on air price hike issue in Lok SabhaCivil Aviation Minister Jyotiraditya Scindia addressed the issue of air price hike in the Lok Sabha, highlighting the losses faced by airlines due to the COVID-19 impact. Despite the financial..IndiaTimes - Published |
People are angry with BRS, no one wants KCR govt to come back to power: Amit ShahUnion Home Minister Amit Shah claimed there is anger against the ruling BRS in Telangana. He stated that people do not want the KCR-led government to come back to power. Shah attacked the BRS and..IndiaTimes - Published | PM Modi targets Congress on above par fuel prices, says Rajasthan government 'looting people'Prime Minister Narendra Modi criticized the Congress party in Rajasthan, accusing them of increasing fuel prices compared to BJP-run states. He promised to review petrol prices and investigate possible..IndiaTimes - Published |
Morgan Stanley says oil at $110 could prompt RBI to hike rates againMorgan Stanley warns that if oil prices remain at $110 a barrel, it could destabilize India's economy and force the central bank to raise interest rates. India is highly vulnerable to rising crude..IndiaTimes - Published | Reliance Industries Second-Quarter Profit Misses On fall In Fuel PricesThe Mukesh Ambani-led conglomerate said its consolidated profit rose to 173.94 billion Indian rupees ($2.09 billion) in the second quarter ended Sept. 30, from 136.56 billion rupees a year earlier.Zee News - Published |