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Notably, state-owned oil companies like HPCL, BPCL and IOCL stopped revising petrol and diesel prices since April 24 as political parties launched their campaigns in the Karnataka election.

In India, petrol is the costliest in Mumbai where high local taxes has led a price of Rs.84.07 per litre. | Photo Credit: Getty Images

The alarming rate of fuel price hike has left many Indians shocked as petrol and diesel rates crossed Rs 80 and Rs 70.

Mumbai (Maharashtra), May 23 (ANI): Popular Bollywood celebrities like Raveena Tandon, Farhan Akhtar, and Chetan Bhagat expressed concern over the ongoing furore over a fuel price hike across India. Taking to Twitter, the celebs.

Petrol price hike: Rahul Gandhi dares Narendra Modi for ‘fuel challenge’ Rahul Gandhi on Twitter says he is glad to see Narendra Modi accept Virat Kohli fitness challenge and he now must accept his fuel challenge to reduce petrol and diesel prices

"Rural demand, which has seen a recent pick-up, would be critically dependent on.

People protest against recent price hike of fuel in Kolkata, India, on May 24, 2018. According to a rough estimate, India has the highest retail prices of petrol and diesel among South Asian nations as taxes account for half of the fuel-pump.

Petrol price hike: Rahul Gandhi dares Narendra Modi for ‘fuel challenge’ Rahul Gandhi on Twitter says he is glad to see Narendra Modi accept Virat Kohli fitness challenge and he now must accept his fuel challenge to reduce petrol and diesel prices

driven by higher fuel prices and a depreciating rupee, strengthening views that the central bank could raise interest rates again in August. Sun Pharma says Halol plant has gained U.S. clearance Supply restrictions imposed on India’s.

NEW DELHI: After the hike in petrol and diesel prices. around Rs 100 in the retail selling price of non-subsidized price LPG price. Every household in India is entitled to 12 LPG cylinders per year at a subsidised rate. However, LPG.

Fuel price hike: Windfall oil tax on ONGC in offing to soften petrol prices – The government may levy a windfall tax on oil producers like Oil and Natural Gas Corp (ONGC) as part of a permanent solution it is working on for moderating the spiralling retail prices of petrol and diesel.

MUMBAI — Headline inflation surging to a four-month high of 4.87 per cent in May.

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“Mumbai has seen a consistent hike in fuel prices despite the price of crude oil decreasing internationally. While this has disrupted the budget of the common man, the Bharatiya Janata Party government has reached new heights of.

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May 25, 2018  · This is your golden chance to create the next big thing in India. | Fun ways to deal with the fuel hike

The usage and pricing of gasoline (or petrol) results from factors such as crude oil prices, processing and distribution costs, local demand, the strength of local currencies, local taxation, and the availability of local sources of gasoline (supply).

IOC announced today that petrol prices will be reduced by Rs. 3 per liter from midnight because international crude oil prices have come down from around $116/bbl to $107/bbl since the last price change (16th April 2013).

NEW DELHI: Inflation based on wholesale prices shot up to a 14-month high of 4.43 per cent in May on increasing prices of petrol and diesel as well as. interest rate by 0.25 per cent– the first hike in more than four years — due to growing.

Moreover, the rising awareness regarding the health benefits of probiotics, growing demand for probiotics from developing economies, and the ban on the use of antibiotics in animal feed are the major factors that are expected to fuel the.

India Business News: Of late, the change in fuel prices gave become a more common feature. Since June 16 last year, the government allowed oil companies to revise fuel pri

Housing loan and auto loan will become dearer with the Reserve Bank of India (RBI) on Wednesday raising its key interest. The six-member MPC voted unanimously for the rate hike that the central bank was undertaking after more than four.

Read more about Triumph Motorcycle might rethink India strategy after 15% customs duty hike on Business Standard. Triumph Motorcycle strategy of assembling two-wheelers in India and import fully built models from Thailand, because of higher tax on knocked down vehicles in Budget 2018-19.

New Delhi, June 6 (IANS) Defence cooperation between India and Thailand is set to get a boost with. ALSO READ: AAP questions BJP on fuel price hike The spokesperson said representatives from the two armies carried out an exercise to.

mypetrolprice.com helps you find a list of Petrol prices in cities of India. Fuels like petrol and diesel have become an indispensable part of our daily life and the hike or drop in their prices directly or indirectly affects all the sectors.

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"Apparently, the opportunity that came their way by the way of unilateral ceasefire.

The fuel price hike has already been much debated upon, but an economic rationalisation of the same has been missing.

"We think today’s hike marks the start of a modest tightening. prices mean the country has to sell more Rupees to buy the fuel imports that it needs. Oil.

Further comments by the head of Germany’s central bank and his Dutch counterpart added fuel to the fire. with the Fed thought to be static on its rate hike path compared to other central banks which are picking up the pace of normalization.

A Rs 4 per litre increase in petrol and diesel prices is in the offing if state-owned fuel retailers are to return to pre-Karnataka poll hiatus margin levels, brokerage firms said

India’s top industry bodies Assocham and Ficci have said it is important the government cut excise duty on petrol and diesel and also consider including automobile fuel under the GST for a long-term solution.

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However, the Union Minister also assured the citizens that the Indian government will soon take out a solution to tackle the situation. Talking to media, Pradhan said, "I accept that citizen of India and especially the middle-class family have to suffer a lot due to price hike.

CHANDIGARH: Taking on the BJP-led central government over the acute hike in prices of petrol and diesel. the international price of Crude Oil was 104.09$ per barrel while diesel and petrol in India was being sold at Rs 40.91 and.

India Business News: A Rs 4 per litre increase in petrol and diesel prices is in the offing if state-owned fuel retailers are to return to pre-Karnataka poll hiatus margin

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