Petrol prices cut by 49 paise/litre, diesel by Rs 1.21; CNG rates by 60 paise

Last Updated: Wednesday, April 1, 2015, 13:26

After two consecutive hikes, petrol prices were Wednesday cut by 49 paise per litre and diesel by Rs 1.21 a litre on softening international oil rates.

Petrol prices slashed by 49 paise, diesel by Rs 1.21

Last Updated: Wednesday, April 1, 2015, 11:36

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 in India lower than developed nations'

Last Updated: Friday, March 20, 2015, 18:03

The government on Friday said that petrol and diesel prices in India are much lower than rates in most of the developed countries, except the United states.

Duty rejig on petrol, diesel to give Rs 40K cr for road projs

Last Updated: Saturday, February 28, 2015, 22:39

Finance Minister Arun Jaitley Saturday rejigged excise duty on petrol and diesel to make available an additional Rs 40,000 crore for road and highway development.

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

Last Updated: Saturday, February 28, 2015, 20:40

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

Last Updated: Saturday, February 28, 2015, 18:44

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.

Oil cos suffer inventory loss of Rs 30K cr on price slump: FM

Last Updated: Thursday, February 26, 2015, 21:50

Finance Minister Arun Jaitley Thursday defended petrol and diesel pricing policy of state-run firms, saying they had suffered an inventory loss of Rs 30,000 crore this fiscal on falling international oil rates.

ATF costs less than petrol, diesel: Dharmendra Pradhan

Last Updated: Wednesday, February 25, 2015, 17:51

While jet fuel (ATF) in Delhi costs Rs 46,513.03 per kilolitre or Rs 46.51 per litre, petrol is priced at Rs 57.31 a litre. Diesel costs Rs 46.62 a litre.

Consumers were benefitted first; petrol excise duty came later: OilMin

Last Updated: Wednesday, February 25, 2015, 17:28

Under attack for hiking excise duty on petrol and diesel, government today said the step was taken to save money for developmental works after "substantial" benefits of reducing global crude prices were passed on to consumers by effecting price cuts.

Excise duty hike on petrol, diesel to yield Rs 20,250 crore more

Last Updated: Tuesday, February 24, 2015, 20:18

Government will raise additional revenue of Rs 20,250 crore through hike in excise duty on petrol and diesel announced since November in 2014-15 financial year, Parliament was informed Tuesday.

States urged to liberalize restrictions on ethanol supply

Last Updated: Friday, February 20, 2015, 13:28

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.

More electric car charging points in Japan than gas stations

Last Updated: Tuesday, February 17, 2015, 12:59

The country`s number-two automaker Nissan says there are now 40,000 charging units -- including those inside private homes -- across the nation, compared with 34,000 petrol stations.