Petrol Diesel Price Hike

Apr 2, 2018. It is understood that the excise duty cut in October 2017 cost the Indian Government Rs 26,000 crore in annual revenue and about Rs 13,000 crore during the remaining part of FY2018. Between November 2014 and January 2016, the excise duty hike on petrol and diesel on nine occasions effectively took.

Sify Finance – Daily Gold rates from 56 Indian cities, Daily petrol and Diesel prices, live Forex rates, live BSE, NSE updates, latest finance.

The petrol price in Mumbai has topped Rs 81 per litre mark, at a four-year-high, even as Brent crude oil price has been sliding down for the past three days. The petrol price on February 6 was hike by 7 paise and diesel price was by 8 paise per litre.

Petrol Diesel rates in Mumbai, Maharashtra today 22/04/18 | Revised, Current, Latest fuel prices.

There is, however, a case for adjusting the excise duty rates and make them equal for both diesel and petrol. This can be done in a way that does not change the excise duty revenue of the central government. It will increase the price of.

Government asks OMCs to absorb fuel price hike; shares slump: Report. Government has reportedly asked the OMCs to absorb Re 1 per litre price hike of petrol and diesel.

Sify Finance – Daily Gold rates from 56 Indian cities, Daily petrol and Diesel prices, live Forex rates, live BSE, NSE updates, latest finance.

New Delhi: Petrol price was on Friday hiked by Rs3.13 a litre and diesel by Rs2.71 per litre, the second straight steep increase in rates this month. The hike, which comes on the back of Rs3.96 per litre increase in petrol and Rs2.37 a.

Abu Dhabi: Diesel prices will go down whereas petrol prices will trend upwards due to the UAE government’s decision to deregulate fuel prices from August 1, a top official of the Ministry of Energy told Gulf News. Matar Al Neyadi,

Petrol price was on 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. The increase is effective from Saturday midnight. A litre of petrol in Delhi will cost Rs.

Apr 1, 2018. The government had between November 2014 and January 2016 raised excise duty on petrol and diesel on nine occasions to take away gains arising from plummeting global oil prices. In all, duty on petrol rate was hiked by Rs 11.77 per litre and that on diesel by 13.47 a litre in those 15 months that.

Now it is just one factor in lifting prices, which are being affected by everything from geopolitics to the growing demand for gasoline and diesel fuel. Mr. Trump.

While the government-controlled oil marketing companies are waiting for a political nod to raise diesel and even petrol prices, private retailers led by Essar Oil Ltd are planning to increase petrol price by Rs 3 and diesel by around Rs 1.

PUTRAJAYA: Prime Minister Najib Tun Razak today announced a 20 sen increase for RON95 and diesel effective midnight tonight. He further explained that the increase in petrol price is a process to strengthen the economy in.

Petrol Price Today (22nd April 2018): Update with current petrol price & also check daily petrol price hike/drop in all the state capitals & metro cities in India. Petrol and diesel transported to longer distances to cities or regions farther from depots will be priced higher than the places nearer to the oil companies storage area.

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Apr 2, 2018. HIGHLIGHTS. Petrol and diesel prices hit four-year high; As Gujarat CM, Modi criticised UPA government for oil price hike; Petrol and diesel prices are the highest in India in entire South Asia. Petrol diesel prices Narendra Modi. Prime Minister Narendra Modi. (Photo: PTI).

As per the decision, the petrol price has been reduced by Rs2.07 and that. The finance ministry in a statement said that Ogra had proposed increase in the price of diesel by Rs0.65 per litre, but keeping in view the fact that diesel is.

Apr 11, 2018. Finance Minister Arun Jaitley had raised excise duty nine times between November 2014 and January 2016 to shore up finances as global oil prices fell, but then cut the tax just once in October last year by Rs 2 a litre. In all, duty on petrol rate was hiked by Rs 11.77 per litre and that on diesel by 13.47 a litre.

The average prices of petrol and diesel across the UK inched up in August as the world oil price recovered, figures reveal. RAC Fuel Watch said that a litre of unleaded was sold for an average of 111.5p at the end of August, up 0.33p on the price at the start of the month. Diesel rose 0.77p.

Protests on petrol prices may delay diesel reform. The UPA government came under intense pressure on Thursday from within the ruling coalition and protesters to roll back the steepest petrol price hike in the country's history, less than 24 hours after it took the unpopular decision cheered by investors. Petrol price hike:.

UK’s cheapest fuel stations: postcode lottery can add £500 a year to petrol and diesel bills. A postcode lottery of petrol prices mean motorists can spend up to £500 extra on fuel every year, simply due to price fluctuations between filling stations.

LUSAKA (Reuters) – The retail price of petrol in Zambia will rise by nearly 39 percent from Saturday, while the price of diesel will go up by 33 percent, its energy regulator said on Friday. The pump price of petrol will rise to 13.70.

While witnessing the tremendous increase in dependency of mass populations on fuel even in routine day to day activities, the government in the past four years have cleverly took route of petrol and diesel to generate revenue.

Thiruvananthapuram/Kochi/Kozhikode: Public transport vehicles, including state-owned KSRTC buses, are off the roads in Kerala on Wednesday in support of a dawn-to-dusk motor strike called by various trade unions to protest the frequent increase in fuel prices. With the state assembly in session, at.

Oil companies choose to skip the revision this time. A Re 1 per litre hike in petrol and Rs 2.28 a litre increase in diesel prices necessitated due to firming global oil rates has been put off by state-owned oil companies apparently.

Crude oil is the greatest contributing factor when it comes to the price of gasoline. This includes the resources it takes for exploration, to remove it.

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Petrol price hits all-time high. The petrol price is going up 71 cents a litre to hit an all-time high of R14,49. The Energy Department has also confirmed that from Wednesday motorists will have to fork out between 57 and 60 cents more for diesel.

Petrol Prices in Pakistan – Find Petrol Prices in Pakistan Today, and current petroleum products prices. fAlso find fuel prices like petrol, high speed diesel, light speed diesel, HOBC, and Kerosene oil prices in Karachi, Lahore, Peshawar, Islamabad, Hyderabad and.

Here is the LATEST diesel and petrol price list in Malaysia, and their historical prices. Please bookmark and check for our weekly updates and forecasts!

Apr 2, 2018. With petrol and diesel prices shooting up on Monday across metros, the hike is now expected to burn a hole in the common man's pocket. Petrol prices in Delhi touched a near-five year high of Rs 73.83 a litre on Monday while the price of diesel hit a fresh record in the national capital, supported by the.

Apr 3, 2018. NEW DELHI: Be ready to pay through your nose for petrol and diesel. Fuel prices scaled new highs on Monday but still the Centre remained unwilling to give up some of the additional excise duty gains it had made when oil prices were low. Neither are states willing to step in and cut VAT to ease the burden.

Petrol is not subsidised by the government, but state refiners, which dominate the market, had kept prices on hold despite an increase in crude prices. Diesel, kerosene and liquid petroleum gas, fuels used by the poor and in public.

UK’s cheapest fuel stations: postcode lottery can add £500 a year to petrol and diesel bills. A postcode lottery of petrol prices mean motorists can spend up to £500 extra on fuel every year, simply due to price fluctuations between filling stations.

Petrol Diesel rates in New Delhi, Delhi today 22/04/18 | Revised, Current, Latest fuel prices.

The price of petrol and diesel will increase from midnight on Tuesday (3 December). The price of both grades of petrol would increase by 17 cents a litre and diesel by 10.12 cents a litre, the energy department said on Friday. “The fuel.

Mar 28, 2018. Petrol will go up by 72 cents per litre and diesel by 65 cents.

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Following the rebound in the global oil market price of both crude and refined. said it can project an increase of between 18 and 20 Pesewas per litre on petrol and diesel to mirror developments on both the international and local.

Fuel price set to increase at midnight. Nedbank’s Isaac Matshego says while times will be tough for consumers this month, it should get better nearing the end of the year.

1 day ago. On Thursday, petrol and diesel prices were hiked by 5 paise and 7 paise respectively. Yesterday, the price of petrol in Delhi rose to Rs 74.07 per litre while that of diesel went up to Rs 66.27 per litre. Today's petrol price in Kolkata was Rs 76.78, in Mumbai Rs 81.93 and in Chennai Rs 76.85. India imports 80.

Petrol price hits all-time high. The petrol price is going up 71 cents a litre to hit an all-time high of R14,49. The Energy Department has also confirmed that from Wednesday motorists will have to fork out between 57 and 60 cents more for diesel.

Apr 2, 2018. The Oil Ministry had earlier this year sought a reduction in excise duty on petrol an diesel to cushion the impact rising international oil rates but Arun Jaitley in his Budget ignored. The price hike in petrol, diesel, as well as CNG, comes following a rapid rise in international rates led by strong global demand.

After two weeks of fuel-related cheer, it’s back to an increase in weekly fuel prices, with both petrol and diesel pump prices impacted in this week’s price adjustment. From tomorrow, March 1, RON 95 petrol will be priced at RM2.20.

1 day ago. Petrol price in Delhi breached the second highest level ever witnessed India after it was hike by 13 paise on Saturday, which is also the biggest hike in last 20 days. Check petrol and diesel prices in four metros: Delhi, Mumbai, Chennai and Kolkata.

Fuel price set to increase at midnight. Nedbank’s Isaac Matshego says while times will be tough for consumers this month, it should get better nearing the end of the year.

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The petrol price in Mumbai has topped Rs 81 per litre mark, at a four-year-high, even as Brent crude oil price has been sliding down for the past three days. The petrol price on February 6 was hike by 7 paise and diesel price was by 8 paise per litre.

Petrol Prices in Pakistan – Find Petrol Prices in Pakistan Today, and current petroleum products prices. fAlso find fuel prices like petrol, high speed diesel, light speed diesel, HOBC, and Kerosene oil prices in Karachi, Lahore, Peshawar, Islamabad, Hyderabad and.

The marked preference among Keralites for diesel cars has gained momentum following the steep hike in petrol price. More so in Kochi where many people do not mind shelling out around Rs.1 lakh more on diesel models. The price.

Petrol vs Diesel – Should I buy a Diesel or Petrol car – We let you choose between a petrol and a diesel car depending on your usage, maintenance costs, etc

Petrol vs Diesel – Should I buy a Diesel or Petrol car – We let you choose between a petrol and a diesel car depending on your usage, maintenance costs, etc

Petrol price in Delhi touches Rs 74.08, highest since September 2013. In Delhi, diesel was retailing at were at Rs 65.31 a litre, a new all-time high. Petrol was up at Rs 74.08 a litre. 20 Apr, 2018, 12.28PM IST. Fuel rates appear unaffected by costlier crude, analysts wary of price control. Retail fuel prices were unchanged.

Apr 2, 2018. NEW DELHI: Petrol and Diesel prices rose again on Monday. Petrol prices are now hovering over four-year peak in the country and diesel is at an all-time high following a rapid rise in international rates led by strong global demand. The prices of non-branded petrol was raised by 10-11 paise per litre in.

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New Delhi: Petrol price was on Friday hiked by 75 paise and diesel by 50 paise a litre as rise in global oil rates and fall in rupee value increased the cost of production. The hikes, effective Friday midnight, are excluding local sales tax or.

Apr 2, 2018. Petrol and diesel prices went up further on Monday as oil marketing companies raised rates amid firming global crude prices. Oil marketing companies revise petrol and diesel prices every day at 6 am according to the daily price revision process. In Delhi, petrol retailed at over 4-year high level while diesel.

Petrol Diesel rates in Kolkata, West Bengal today 22/04/18 | Revised, Current, Latest fuel prices.