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  1. Business News
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  3. fuel prices

fuel prices

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Govt mulls Rs 1.3 per litre levy on LPG users to fund bio fuel plan.
Govt mulls Rs 1.3 per litre levy on LPG users to fund bio fuel plan

Under the plan, cooking and natural gas storage infrastructure would be financed through levies on users that could raise about…

Updated: August 6, 2026 08:26 IST
India petrol, E20 fuel, ethanol blending, octane rating, premium petrol, fuel additives, state taxes, Indian Oil, BPCL, HPCL
Decoding India’s E20 petrol rollout and what it means for your fuel bill

The big change is that every litre of petrol sold in India now blends in ethanol by default.

July 9, 2026 22:01 IST
Air India becomes first carrier to drop surcharges
Air India becomes first carrier to drop surcharges; flights to US, Europe, Australia set to get cheaper

The decision comes after global jet fuel prices eased following a massive surge earlier this year, which severely impacted airline…

July 3, 2026 21:19 IST
petrol price, diesel price, crude oil prices, Hardeep Singh Puri, oil marketing companies, fuel prices India, West Asia conflict, OMC losses, Nayara Energy, global crude decline
When will fuel prices fall? Hardeep Puri explains why consumers have to wait for 2-3 months

Union Petroleum Minister Hardeep Singh Puri explains why petrol and diesel price cuts in India may be delayed despite falling…

July 2, 2026 19:09 IST
Congress president Mallikarjun Kharge.
Congress accuses Modi government of economic mismanagement, says ‘inflation is eroding household savings’

Mallikarjun Kharge highlighted a string of worrying indicators to back his criticism. He said retail inflation has hit a 16‑month…

Updated: June 20, 2026 14:27 IST
Haryana CM Nayab Singh Saini.
No more foreign trips, no new petrol cars: Haryana imposes sweeping austerity measures to conserve fuel and energy

The guidelines instruct that public expenditure on functions, seminars, celebrations, working lunches, dinners and entertainment activities should be avoided. District…

Updated: June 11, 2026 10:31 IST
'Rising fuel costs to squeeze households as West Asia crisis pushes Brent above USD 100,' warns economist.
‘Rising fuel costs to squeeze households as West Asia crisis pushes Brent above USD 100,’ warns economist

On medium‑to‑longer term strategies, Economist Manoranjan Sharma pointed to India’s continuing shift toward renewable and alternative energy sources as a…

Updated: June 7, 2026 14:42 IST
Petrol, diesel sales
‘Fresh petrol, diesel hikes possible’: Crisil warns CPI could edge closer to 6% amid Iran war, RBI on alert

Crisil emphasised that the broader effect will reverberate across the economy. As oil marketing companies gradually pare their losses (or…

June 3, 2026 08:23 IST
Paytm founder and CEO Vijay Shekhar Sharma.
‘India’s digital payments, mobile economy poised for strong expansion as AI fuels growth’: Paytm CEO Vijay Sharma

Vijay Sharma made a case for artificial intelligence as a transformational enabler across businesses, saying it can increase scale, improve…

Updated: May 31, 2026 07:42 IST
Nomura Auto Preview: May 2026 Passenger Vehicle Wholesales Eye 24% Growth Amid Hidden Margin Risks
Fuel price hikes begin reshaping India’s auto demand

According to Nomura, Passenger vehicle demand remains healthy for now, but affordability pressures are beginning to build

May 28, 2026 20:06 IST
Consumer goods set for more price hikes as raw material inflation bites.
Consumer goods to get costlier as raw material inflation bites: Systematix Research

Systematix Research said pricing growth is expected to become a bigger contributor to revenue growth for consumer staple companies in…

May 28, 2026 13:21 IST
Industrial consumers exploiting cheaper retail fuel? Government raises red flag.
Industrial consumers exploiting cheaper retail fuel? Government raises red flag

The petroleum ministry informed the group that India’s installed refining capacity stands at 258.1 million tonnes per annum against domestic…

Updated: May 28, 2026 09:37 IST
Torrent Gas cuts CNG, PNG prices
Delhi hikes CNG price for fourth time, rates surge to Rs 83.09 since May 15

CNG prices in Delhi have been increased by ₹2 per kg to ₹83.09, effective May 26, with new rates visible…

Updated: May 26, 2026 09:09 IST
West Asia crisis hits India's fuel economics
West Asia crisis hits India’s fuel economics: Government loses Rs 14,000 cr after fuel duty cuts

On March 27, the Centre reduced excise duty by Rs 10 per litre on both petrol and diesel after crude…

May 25, 2026 19:29 IST
FM Sitharaman's '3Fs' formula to shield India from West Asia crisis
Fuel, fertiliser, forex: FM Sitharaman’s ‘3Fs’ formula to shield India from West Asia crisis

Speaking at the SIDBI Foundation Day programme in Mumbai, Sitharaman said PM Modi’s recent appeal to conserve foreign exchange has…

May 25, 2026 14:10 IST
FM Nirmala Sitharaman warns of Rs 1 trillion revenue hit
Excise duty cut on fuel to impact FY27 revenue by Rs 1 trillion: FM Sitharaman

FM Sitharaman said the government may face a Rs 1 trillion revenue hit in FY27 due to fuel excise duty…

Updated: May 25, 2026 13:41 IST
Congress terms fourth fuel hike in India as 'silent Tax', accuses PM Modi of running 'corporate protection racket'.
Opposition dubs fuel price hike as ‘silent tax’, Rahul Gandhi warns against incoming ‘economic storm’

Congress leaders slammed the Centre after petrol and diesel rates were raised for the fourth time in under two weeks,…

May 25, 2026 12:13 IST
Petrol up by Rs 2.61/litre, diesel by Rs 2.71 as fuel prices rise again
Fuel prices rise for fourth time: Petrol hiked by Rs 2.61/litre, diesel by Rs 2.71

Fuel prices were hiked again on Monday, with petrol becoming costlier by Rs 2.61 per litre and diesel by Rs…

Updated: May 25, 2026 07:43 IST
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