Petrol prices on Monday were hiked by 15 paisa a litre and diesel rates were increased by 17 paisa as global oil prices hit $70 mark in the wake of escalating US-Iran tensions fanning fresh fears of conflict in the crude-rich Middle East
Congress leader Veerappa Moily slams Modi govt for cold-shouldering UPA initiative on strategic oil reserves
Former oil minister M Veerappa Moily on Thursday slammed Modi government for cold-shouldering Congress-led UPA regime's steps such as building strategic oil storages for the energy security of the country, saying the present government is trigger happy in giving statements
Petrol and diesel prices were on Wednesday hiked by 24-25 paise per litre, the steepest increase since 5 July Union Budget, as a fallout of turmoil in global oil markets following drone attacks on Saudi Arabian crude oil facilities
Fuel price hike: Petrol, diesel prices rise by 70-80 paisa per litre after last phase of general election
Petrol and diesel prices started rising soon after the last phase of the general election concluded, and have increased by 70-80 paisa per litre in the past nine days
Daily Bulletin: Parliament likely to be disrupted over Rafale issue; Modi to inaugurate key infra projects in Maharashtra; day's top stories
Parliament logjam over the Rafale controversy likely to continue through today, Narendra Modi to inaugurate crucial metro links in Kalyan, Thane and Pune in Maharashtra, three Congress CMs announce farm loan waivers; day's top news stories
Paris riots: French PM Edouard Philippe announces suspension of fuel tax for six months, calls for calm
Pressure has been mounting after protests by the grassroots "yellow vest" movement degenerated into the worst street clashes in central Paris in decades at the weekend, leading to scores of injuries and arrests
Following a 12-day strike, Uber drivers have demanded a fuel-price linked fare mechanism which the company has agreed t
Uber is also working towards providing driver partners access to health insurance, life insurance and micro-loans and a host of other benefits aimed at improving their welfare
Demonetisation: Narendra Modi govt's moves to curb black money reaps benefits with increased tax collection
The Narendra Modi government has done remarkably well on the taxation front and its subset black money.
Narendra Modi vs petrol, diesel: PM’s famed ‘luck’ at one point has turned out to be his biggest economic riddle
The economic headwinds are strong and Modi doesn’t have much in his arsenal to tackle a falling rupee and skyrocketing crude oil prices.
Maybe the oil economics which becomes clearer next month will give final direction for the rupee as well as future inflation.
Fuel price hike: Diesel rates rise again by eight paise to Rs 75.46 per litre in Delhi; wipes out benefit of excise duty cut
Diesel price rose for the 10th consecutive day Monday to wipe out all of the Rs 2.50 per litre cut in rates announced earlier this month through excise duty cut and oil company subsidy.
Fuel prices shot up on Thursday with petrol retailing at its costliest in Mumbai at Rs 87.82 per litre recording an increase of 9 paise and diesel at Rs 78.22 per litre, up 29 paise.
Congress dismisses Centre's fuel price cut as 'electoral lollipop' to voters ahead of Assembly elections
Pointing to the fact that during Karnataka elections the fuel prices had remained unchanged for 17 days, Congress leader Pawan Khera wondered if the prices were "truly deregulated".
Rahul Gandhi and his allies' tweets, TV bytes will not resolve challenges thrown up by increase in crude oil prices: Arun Jaitley
Jaitley accused the government critics of doing a 'volte-face' by terming the cut in petrol and diesel prices by Rs 2.5 per litre by the Centre as 'bad economics'.
Country facing 'economic crisis' due to crude imports, says Nitin Gadkari; blames OPEC countries for oil price hike
India is the third largest importer of crude oil and rising international oil prices are inflating domestic transport fuel costs in a strong demand environment.
Petrol, diesel rate hike: Dharmendra Pradhan meets Arun Jaitley amid concerns of high fuel prices adding to farmers' distress
Petrol prices were on Thursday hiked by 15 paise a litre and diesel by 20 paise, according to price notification of state-owned oil firms.
Narendra Modi came to power as a middle class icon but almost at the end of his current term serving the bottom of the pyramid defines his core politics
Petrol crosses Rs 90 per litre in Mumbai, stands much higher elsewhere in Maharashtra; diesel at Rs 80 in state
Petrol retail rates finally breached the Rs 90 mark in Mumbai by touching Rs 90.08 per litre on Monday, but stood much higher elsewhere in the state, industry officials said.
Fuel price hike continues: Petrol retails at Rs 89.60 per litre in Mumbai; highest in Maharashtra's Parbhani dist at Rs 91.35
The Centre has maintained that external factors, including a rise in international crude oil prices, are influencing domestic fuel prices.