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Thursday, March 28, 2024
TopicPetrol

Topic: Petrol

Why India appears strangely silent on sky-high fuel prices

Before 2014, fuel price hike used to outrage the public. Today, nobody seems to care. The difference tells you a lot about what appears to be ‘public opinion’.

Petrol, diesel prices cut by Rs 5 per litre in Assam ahead of assembly polls

Finance Minister Himanta Biswa Sarma made the announcement as he proposed to remove an additional cess of around 25% imposed on alcoholic drinks.

When Koo clipped Twitter’s wings, and the burden of skyrocketing fuel prices

The best cartoons of the day, chosen by the editors at ThePrint.

No major income tax relief in Budget, new agri cess won’t push up petrol & alcohol prices

Govt has levied an agriculture infrastructure and development cess on a host of items, but this is unlikely to impact the final consumer.

For the first time, LPG sold more than petrol in India in 2020

Indian LPG consumption in 2020 was at 27.41 million tonnes, 4.3% higher than a year earlier, while petrol demand in the same period plunged 9.3% to 27.27 million tonnes.

India’s annual fuel demand falls for first time in 21 years

Demand for total petroleum products — including diesel, gasoline and jet fuel — slid 10.8% from a year earlier, the first annual contraction in data going back to 1999.

In 5th straight day of increase, petrol price up by 28 paise, diesel by 29 paise per litre

This is the 14th increase in rates since 20 November when oil companies resumed daily price revision after nearly two-month hiatus.

Petrol price crosses Rs 82 a litre, diesel past Rs 72

Petrol price on Saturday was hiked by 24 paise per litre and diesel by 27 paise as hopes of a Covid vaccine development led to a rally in international oil prices.

Covid fear, high taxes push India’s petrol consumption to overtake diesel

While diesel consumption is lagging, petrol sales in September rose for the first time since February on a year-on-year basis as more people opted for own vehicles to commute.

India and US sign MoU to develop strategic petroleum reserve

Union Minister of Petroleum and Natural Gas Dharmendra Pradhan also said both countries were in discussions to store crude oil in US to increase India's stockpile.

On Camera

Profit margins in lottery industry are tiny. Here’s how Future Gaming paid for its electoral bonds

Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities. 

Tejas Mk-1A carries out maiden flight but delivery to IAF delayed. Here’s why

According to contract for 73 Tejas Mk-1A and 10 trainer aircraft, inked on 1 February 2021, the first Tejas was to be delivered within three years of signing the deal — February 2024.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.