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Fuel price hike: Can Centre shield OMCs with Rs 3 cushion, or will rupee flip the script?
The government on Friday raised fuel prices in the country, in an effort to soften the blow on oil marketing companies, as global crude soared beyond $100 while retail prices remained unaltered. Now, as petrol and diesel are Rs 3 costlier, the key question is: to what extent will the price hike help?
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6 prospettive sulla stessa storiaTimeline cronologica
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theprint.in
Petrol, diesel prices hiked by Rs 3 per litre as Centre moves to ease OMC losses
The hike comes amid soaring global energy costs, with government citing mounting under-recoveries and fiscal pressure on state-run oil firms
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economictimes.indiatimes.com
HPCL, BPCL and IOC shares slide up to 3% after petrol, diesel price hike
Oil marketing company shares fell on Friday. Petrol and diesel prices saw a modest increase. This hike aims to ease financial pressure on companies. Global crude oil prices remain…
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thehindu.com
Petrol and diesel prices hike LIVE: Government hikes price by ₹3 per litre as crude costs bite
Follow The Hindu’s Live Updates as petrol and diesel prices rise by ₹3 per litre across India amid geopolitical tensions linked to the Iran conflict and mounting concerns over…
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ndtv.com
Oil Companies Losing Rs 1,600 Crore Daily. Will Rs 3 Petrol Hike Be Enough?
OMCs' production costs have "gone through the roof in the past month", Petroleum Minister Hardeep Singh Puri said last month after the governemnt cut central excise taxes to ease…
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Fuel Up Rs 3: Why Petrol, Diesel Prices Rose After Weeks Of Centre Holding The Line
Petrol, Diesel Price Today: The ongoing conflict in Iran disturbed global oil supply. The Rs 3 increase does not fully cover the losses.
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hindustantimes.com
Petrol, diesel prices up by ₹3 per litre days after PM Modi's 'save' fuel' call
Petrol and diesel prices were raised by ₹3 per litre on Friday, after Prime Minister Narendra Modi urged people to work from home. | India News
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thehindubusinessline.com
Passing on full price shock would require a 200%–300% price hike in petrol-diesel: Govt sources
Government limits petrol-diesel price hikes to 3.5% to shield citizens from a potential 200-300% increase due to global oil shocks.
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m.economictimes.com
Yogesh Patil decodes why petrol, diesel prices may rise further
India's oil marketing companies received a modest Rs 3 per litre fuel price hike, which analysts say is insufficient to cover daily losses. While this offers some relief, a…
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The Rs 3 relief that wasn't: Why investors are dumping oil stocks after long-awaited petrol, diesel price hike
Shares of HPCL and BPCL fell up to 3% despite the first fuel price hike since 2022, as investors worried the increase would not offset mounting losses. Analysts estimate OMCs…
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Fuel price hike weighs on OMCs, paint stocks
Shares of oil marketing companies and paint manufacturers declined up to 3% in early trade on Friday after petrol and diesel prices were increased by Rs 3 per litre across the…
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timesofindia.indiatimes.com
Fuel prices today: Centre raised petrol, diesel prices by Rs 3 after weeks of no change - key details
NEW DELHI: Petrol and diesel prices were hiked by Rs 3 per litre each on Friday after state-run oil companies faced mounting losses due to a sharp rise in global crude oil prices…
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apnews.com
India raises fuel prices as global energy crisis adds pressure on economy
India has raised fuel prices by 3 rupees per liter to offset losses from higher global oil prices. On Friday, gasoline in New Delhi rose to 97.77 rupees a liter, while diesel…
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Petrol, Diesel Price Hike Highlights: Opposition flags inflation concerns as Centre raises petrol, diesel prices. Would there be more hikes…
Petrol, Diesel, CNG Price Hike Highlights: The oil marketing companies (OMCs) have raised the retail prices of petrol and diesel by around ₹3 per litre and compressed natural gas…
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Fuel price hike can push up retail inflation by 15-25 basis points in FY27, warn economists
Economists warn that a ₹3 per litre fuel price hike could increase FY27 retail inflation by 15-25 basis points.
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Petrol, diesel price: Why were fuel rates raised now & are more hikes likely in coming days?
A hike in petrol and diesel prices has been in the offing for some weeks now, and hence today’s Rs 3 per litre raise comes as no surprise. This is especially true since there is…
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Petrol, Diesel Prices up Rs 3/litre As Govt Balances Crude Shock, OMC Stress And Inflation Risks
The government raises petrol and diesel prices by Rs 3/litre amid global crude price surge and inflation concerns.
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Editorial. Halfway house
Calibrated increase in fuel prices seems to be the strategy
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Four years of frozen fuel prices end as Iran war bites: India raises petrol, diesel by Rs 3/litre but oil firms say it's not enough
Fuel prices have increased by Rs 3 per litre for petrol and diesel. This is the first pump price hike in four years. The move aims to reduce losses for oil companies. However, it…
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Fuel hike not enough to offset all losses, oil stocks fall further
In an unexpected turn, shares of oil companies fell even with a recent fuel price boost. This adjustment couldn't compensate for the rising crude oil prices, leaving experts…
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Will petrol and diesel prices rise again? Fuel hike may be just the first of several increases, say experts
Petrol, Diesel price today: Fuel prices have been increased by Rs 3 per litre as state-run oil companies face mounting losses due to rising global crude oil prices. Experts…