Wholesale price-indexed (WPI) inflation in India during April rose to four-month high at 3.18 per cent on increasing prices of petrol and diesel as well as fruits and vegetables.
The basic excise duty on unbranded petrol was slashed by Rs 2 from Rs 6.48 per litre and on branded petrol from Rs 7.66 per litre.
In case of petrol, prices have been on rise for the last three weeks, while diesel prices have been increasing on a daily basis over the past two weeks.
The Congress on Monday released its manifesto for the upcoming Assembly elections in Gujarat, promising a string of reforms, with the focus on providing relief to farmers in the poll-bound state.
Finance Minister Arun Jaitley dropped ample hints today that the government will take additional measures to bolster economy.
Blaming government’s adverse taxation policies and higher fuel prices for the business failure, beleaguered liquor baron Vijay Mallya on Thursday said Kingfisher Airlines has turned out to be a ‘nightmare’.
Chandigarh: In order to remove the inconsistencies in prices of petrol and diesel across states, fuel pump owners in the country have demanded 'one nation one rate' for petroleum products. Different VAT rates prevailing in
New Delhi, Feb 1: Diesel prices will be hiked by 40-50 paise per litre every month till losses on the nation's most used fuel are completly wiped out, Oil Minister M Veerappa Moily said on
Kolkata, Jul 26: West Bengal Chief Minister Mamata Banerjee on Wednesday slammed the UPA government for hiking petrol and diesel prices ‘suo motu' in seven states and demanded its immediate rollback while threatening to go
New Delhi, Jun 30: In the second major relief to cash-strapped airlines this month, jet fuel (ATF) prices were today cut by about 2 per cent.The price of aviation turbine fuel (ATF), or jet fuel,
New Delhi, Mar 31: State-owned oil companies' losses on petrol sales have climbed to Rs 7.65 per litre but they may not raise fuel prices today pending a clarification from the government on duty reduction
New Delhi, Jan 31: State-owned oil companies today slashed jet fuel prices by over 3 per cent as an appreciating rupee made imports cheaper.The price of aviation turbine fuel (ATF), or jet fuel, in Delhi
Cannes, Nov 4: Unfazed by ally Trinamool Congress' threat of even withdrawing support, Prime Minister Manmohan Singh today virtually justified the hike in petrol prices, saying there should be further movement towards deregulation of fuel
New Delhi, Oct 15: After two consecutive price hikes, state-owned oil companies today cut jet fuel prices marginally by 0.5 per cent in line with softening in global oil rates.The price aviation turbine fuel (ATF),
Sivaganga (TN), Oct 24 (PTI) Describing the rise in prices of petroleum products as "unavoidable", Home Minister P Chidambaram on Saturday said that oil companies continue to sell fuel products, except petrol, at subsidised rates."The
Congress on Wednesday indicated that there will be no roll back in fuel prices and accused the opposition of resorting to "political opportunism" on the issue. "The opposition should introspect before resorting to such political
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