New Delhi, May 25 (PTI) The four rounds of petrol and diesel price hike, totalling about Rs 7.5 per litre, have trimmed the losses state-owned oil firms were incurring from selling fuel below cost to close to Rs 600 crore per day, Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas, said […]

New Delhi, May 23 (PTI) Petrol and diesel prices were raised by 87-91 paise per litre on Saturday, taking the cumulative increase in retail fuel rates to nearly Rs 5 a litre in…

NEW DELHI: The increase in pump prices by around Rs 5 a litre is only a dent to under-recovery given that oil companies are still losing Rs 13 a litre on petrol and Rs 38 on…

State-run oil companies have increased petrol and diesel prices by approximately 90 paise per litre, with CNG also seeing a ₹1 per kg hike. This follows a cumulative rise of…

Petrol, diesel price hike: Fuel prices have seen another hike. Petrol and diesel rates have gone up, marking the fourth increase in under two weeks. This rise reflects global…

State-owned fuel retailers in India are losing ₹600 crore daily, with government revenue impacted by ₹14,000 crore monthly due to duty cuts.

The Centre has forgone nearly Rs 14,000 crore in tax revenue after cutting fuel excise duty amid rising crude oil prices linked to the West Asia crisis.