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Searched Tag: fuel prices
Centre raises fuel excise by ₹2 per litre.

Govt hikes excise on petrol, diesel by ₹2

April 7, 2025, 07:01 PM - 4 min read

The government has increased the excise duty on both petrol and diesel by ₹2 per litre, with the new rates coming into effect from 8 April 2025. This decision was taken at a time when global oil prices are fluctuating and new tariffs by the United States have added pressure to the global economy.

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Petrol, diesel rates may fall if crude prices hold

Petrol, diesel rates may fall if crude prices hold

September 12, 2024, 06:27 PM - 3 min read

Global crude oil prices dropped to a three-year low but have slightly rebounded. Indian oil firms may lower petrol and diesel prices if the trend continues, but cuts are likely closer to upcoming state elections.

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Fuel prices to go up in Punjab

September 5, 2024, 05:04 PM - 2 min read

Fuel pump owners strongly condemned the decision of the AAP-led government, saying it would hit their business hard, saying that this is the third time petrol-diesel rates have been increased by the Aam Aadmi Party government in the past two and a half years. 

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Mizoram raises taxes on fuel to fund road, social projects

September 5, 2024, 10:31 AM - 2 min read

Taxation Minister Dr Vanlalthlana explained that the hike includes a new levy of Rs 2 per litre on both diesel and petrol as a “social infrastructure and services cess” and an additional Rs 2 per litre for road maintenance.

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BJP to stage statewide protests in Karnataka against fuel price hike

BJP to protest fuel price hike across Karnataka

June 16, 2024, 02:03 PM - 2 min read

The BJP will stage protests across Karnataka on June 17 against the government's recent hike in sales tax on fuel, which has increased petrol prices by Rs 3 per litre and diesel by Rs 3.5 per litre, according to the party's state unit president B Y Vijayendra.

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The Karnataka government has announced a hike in petrol and diesel prices, set to take effect from Saturday onwards.

Karnataka hikes petrol, diesel price by Rs.3/litre

June 16, 2024, 12:52 PM - 2 min read

BJP spokesperson S Prakash expressed his discontent, stating, "The Siddaramaiah-led Congress government has steeply increased diesel and petrol prices in this state. Soon after the Parliament elections are over, this hike has been brought. People were expecting Rs 8500 khatakhat in their bank accounts as promised by Rahul Gandhi. On the contrary, they have been hugely burdened by the increase in petroleum products. This is an outcome of guarantee schemes pursued by the State Govt. The State Govt is financially bankrupt, they are trying to extract revenue from whatever is available."

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