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Topic: Petrol prices
The retail selling rate for diesel was reduced by 16 paise per litre. However, there was no change in the price of petrol.
In a video conference, Congress interim chief Sonia Gandhi discusses issues that should be raised in Parliament to corner the Modi government.
Petrol price in Delhi was hiked to Rs 74 per litre from Rs 73.40 while diesel rates were increased to Rs 72.22 a litre from Rs 71.62.
The price hike was followed by Delhi govt's decision to raise VAT on petrol from 27 to 30% and from to 16.75% to 30% on diesel.
India’s consumption of petroleum products in 2019-20 is expected to rise by 1.3%, the slowest since the 0.9% demand growth in 2013-14.
Finance Minister Nirmala Sitharaman Friday presented the maiden Budget of the second Narendra Modi government.
Prices of petrol and diesel have been on the rise since the final phase of polling in the Lok Sabha elections ended on 20 May
Speaking at the Bharat Bandh protest against rising fuel prices, Singh accused Modi government of failing to fulfill its promises to the people.
Twenty-one opposition parties have come together for Bharat Bandh demanding that the government brings petrol and diesel under GST.
Rising oil prices and the impending general elections leave little hope for India’s plummeting rupee
The weakened rupee, Asia's worst performing currency, is prompting foreigners to sell their Indian assets.
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