The historic rout in oil markets that sent US crude prices plummeting to as much as minus $40 a barrel is unlikely to translate into any big reduction in petrol and diesel prices in India as domestic pricing is based on the different benchmark, and refineries are already filled up to brim and cannot buy US crude just yet
Coronavirus outbreak: Airlines stare at uncertainty this quarter; situation likely to improve in next 3 months
Lower oil prices and possibility of a spurt in domestic passenger traffic due to international travel restrictions would benefit the domestic airline industry.
Petrol price falls below Rs 71, first time in eight months; India to gain from Saudi Arabia, Russia oil price war
Petrol prices slipped below Rs 71-mark for the first time in eight months on Monday as India looks set to reap windfall from a price war among oil producers leading to international crude prices crashing by their biggest margin since the 1991 Gulf war
Fuel prices up marginally: Petrol, diesel rates rise across four metros after plunge in US crude production
The change in the price of crude oil in the international market directly influences the price of crude oil in the domestic market and is one of the most important factors responsible for an increase in petrol prices in Indian domestic market.
Inflation based on the Wholesale Price Index was at 2.02% in June this year and 5.27% in July 2018.
IOC threatens to cut fuel supply to Air India for non-payment of bills; flight services likely to be partially hit
IOC has threatened to stop fuel supply at certain airports such Patna, Pune, Chandigarh, Cochin, Visakhapatnam and Ranchi
Finance Minister Nirmala Sitharaman had announced a hike in cess on auto fuel prices while presenting the Union Budget 2019-20 in the Lok Sabha on Friday.
Consumers face post-election fuel price shock as domestic prices allowed to lag, economy could be hit
State-run fuel suppliers and retailers have held off passing on to consumers the higher prices during a staggered general election
Inflation likely picked up in February, but well below RBI target due to modest rise in food, fuel prices, finds survey
An overwhelming majority of economists polled predicted inflation would average below 3 percent, with forecasts ranging from 2.15 percent to 3.20 percent.
Daily Bulletin: Sabarimala case in SC; Trump delivers State of the Union address; fuel prices decline; day's top stories
Day's top stories: The Supreme Court will begin hearing review petitions against its September 2018 verdict on Sabarimala issue; Robert Vadra is likely to appear before ED in money laundering case; Donald Trump's State of the Union address will focus on issues like immigration, national security and trade and call for unity; and more.
Fuel prices decline for second time in three days; crude oil rises as Saudi Arabia cuts supply to US, Venezuela exports fall
Public sector oil marketing firms slashed petrol and diesel prices up to 10 paise and 9 paise respectively amid rising crude prices and falling rupee.
Daily Bulletin: Modi to inaugurate Satyagraha Memorial in Dandi; fuel prices decline; Apple disables Group FaceTime; day's top stories
Today's top stories: Narendra Modi to inaugurate Salt Satyagraha Memorial at Dandi today; Venezuela targets Juan Guaido with probe, travel ban; Apple temporarily disables Group FaceTime; and more.
Daily Bulletin: BJP-Congress slugfest over EVM rigging allegations; Modi to inaugurate Subhash Chandra Bose museum at Red Fort; day's top stories
Today's top stories: Political slugfest over EVM hacking is refusing to die down with the BJP claiming that Congress is conspiring against it; Narendra Modi will inaugurate Subhash Chandra Bose museum at Red Fort today.
Fuel prices rise for fifth straight day, petrol crosses Rs 71 per litre in Delhi; crude oil declines on weak China growth data
Weakening rupee and rising crude rates in the international market increased petrol and diesel prices by Rs 2.49 and Rs 3.05 respectively in the country since 1 January, 2019.
Daily Bulletin: Amit Shah, Jaitley unwell months before polls; Theresa May wins confidence vote; Netflix, Hotstar to censor content; day's top stories
Today's top stories: Two top lieutenants of Narendra Modi, Amit Shah and Arun Jaitley, unwell months before LS polls; Netflix and local rival Hotstar to censor content in India, say sources; Petrol price down, diesel rate up; and more.
Inflation likely cooled to 2.20 percent in December - close to the lower end of the Reserve Bank of India’s medium-term target range
Fuel prices rise after a gap of nearly three weeks as crude rates up on hopes of positive outcome in Sino-US trade talks
Crude oil prices jumped on Monday, pushed up by optimism that talks in Beijing can resolve a trade war between the United States and China, while supply cuts by major producers also supported crude.
Petrol prices, which have been on a decline since 18 October except for one day, were at their lowest level of 2018 on Sunday .
Daily Bulletin: Fire in Mumbai high-rise kills 5; day after clearing triple talaq bill, Parliament to reconvene at 11am; day's top stories
Today's top stories: Five killed as fire breaks out in Mumbai high-rise; Apple could start assembling its premium iPhones models in India; Police claim arrest of prime accused in Bulandshahr violence; and more.
Daily Bulletin: MHA notification row continues; US govt shuts down over border wall funding, Train18 to run between Delhi and Varanasi; day's top stories
Today's top stories: MHA notification spat continues; More 'yellow vest' protests planned in France ahead of Christmas; PM to launch commemorative coin to honour Atal Bihari Vajpayee; and more.