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India Plans To Pay $2.5 Billion to State-Run Fuel Retailers Hit by Oil Costs: Report

India plans to pay about Rs 200 billion ($2.5 billion) to the state-run fuel retailers, such as Indian Oil Corp., to partly compensate them for losses and keep a check on cooking gas prices.

Hindustan , India-general- , India , Saudi-arabia , Delhi , Russia , Saudi , Bharat , Arun-kumar-singh , Hardeep-singh-puri , Reliance-industries-ltd , Indian-oil

Indian Oil Quells Fuel Shortage Rumours, Says Supply "Absolutely Normal"

Indian Oil Corporation had to issue a clarification on Tuesday evening that fuel availability in all its outlets is absolutely normal

Dehradun , Uttaranchal , India , Saudi-arabia , Ahmedabad , Gujarat , Uttarakhand , Jaipur , Rajasthan , V-satish-kumar , Indianoil-dirmktg , Indian-oil-quells-fuel-shortage-rumours

Petrol stable at Rs 91.17 in New Delhi for 18th day, diesel at Rs 81.47

Fuel prices in the country have remained steady for over a fortnight now even though the global oil market remains volatile with regular variations in prices.
Accordingly, petrol continues to be priced at Rs 91.17 a litre and diesel Rs 81.47 a litre in the capital on Wednesday. Fuel prices have not been revised now for 18 days.
In Mumbai, the petrol price stood at Rs 97.57 per litre--the same since Feb 27. In Chennai, petrol was at Rs 93.11. Diesel was selling at Rs 86.45 in the city.
In Bengaluru, petrol and diesel prices stayed at Rs 94.22 and 86.37 respectively.
Prices have stabilised amid an outcry over record-high fuel prices, which have been witnessing an upswing since January, leading to demands for a cut in excise duty. Petrol and diesel prices are revised on a daily basis in line with benchmark international price and foreign exchange rates.

Panjim , Goa , India , Bhopal , Madhya-pradesh , Bhubaneshwar , Orissa , New-delhi , Delhi , Jaipur , Rajasthan , Dehradun

Petrol stable at Rs 91.17 in New Delhi since two weeks, diesel at Rs 81.47

diesel price was also unchanged at Rs 81.47, according to a price notification from oil marketing companies.
In Mumbai, petrol price stood at Rs 97.57 per litre--the same since Feb 27. In Chennai, petrol was at Rs 93.11. Diesel was selling at Rs 86.45 in the city.
In Bengaluru, petrol and diesel prices stayed at Rs 94.22 and 86.37 respectively.
Prices have stabilised amid an outcry over record high fuel prices, which have been witnessing an upswing since January, leading to demands for a cut in excise duty. Petrol and diesel prices are revised on a daily basis in line with benchmark international price and foreign exchange rates. Yesterday, the Parliament's lower house was adjourned amid heated exchanges between members over skyrocketing fuel prices. Earlier this month, a report said that the finance ministry is considering cutting excise duties on petrol and diesel to cushion the impact of record high domestic prices, quoting three government officials close to the discussions.

Panjim , Goa , India , Bhopal , Madhya-pradesh , Bhubaneshwar , Orissa , New-delhi , Delhi , Jaipur , Rajasthan , Dehradun

Petrol stable at Rs 91.17 in New Delhi for fourth day, diesel at Rs 81.47

diesel price was also unchanged at Rs 81.47, according to a price notification from oil marketing companies.
In Mumbai, petrol price stood at Rs 97.57 per litre--the same since Feb 27. In Chennai, petrol retailed at Rs 93.11. Diesel was selling at Rs 86.45 in the city.
In Bengaluru, petrol and diesel prices rose by 0.07 paisa and 0.05 paisa to Rs 94.29 and 86.42 respectively.
Prices have stabilised amid an outcry over record high fuel prices, which have been witnessing an upswing since January, leading to demands for a cut in excise duty. Petrol and diesel prices are revised on a daily basis in line with benchmark international price and foreign exchange rates.

Mumbai , Maharashtra , India , Bengaluru , Karnataka , Chennai , Tamil-nadu , Narendra-modi , Dharmendra-pradhan , Chennai-citizen-forum , Prime-minister-narendra-modi

Petrol stable at Rs 90.93 in New Delhi for third day, diesel at Rs 81.32

Read more about Petrol stable at Rs 90.93 in New Delhi for third day, diesel at Rs 81.32 on Business Standard. In Bengaluru, petrol and diesel prices stayed unchanged at Rs 93.98 and Rs 86.21 respectively

Ahmedabad , Gujarat , India , Mumbai , Maharashtra , Bengaluru , Karnataka , Chennai , Tamil-nadu , Nirmala-sitharaman , Narendra-modi , Services-tax

Petrol unchanged at Rs 90.93 for 2nd day in New Delhi, diesel at Rs 81.32

Read more about Petrol unchanged at Rs 90.93 for 2nd day in New Delhi, diesel at Rs 81.32 on Business Standard. In Mumbai, petrol price stood at Rs 97.34 per litre--the same as yesterday. In Chennai, petrol rose by 0.07 paise to sell at Rs 92.97. Diesel was retailing at Rs 86.37 in the city

Panjim , Goa , India , Bhopal , Madhya-pradesh , Bhubaneshwar , Orissa , New-delhi , Delhi , Jaipur , Rajasthan , Dehradun

Petrol price unchanged at Rs 90.58 in New Delhi, diesel at Rs 80.97

Read more about Petrol price unchanged at Rs 90.58 in New Delhi, diesel at Rs 80.97 on Business Standard. In Chennai, petrol remained unchanged to sell at Rs 92.59. Diesel was retailing at Rs 85.98 in the city

Kolkata , West-bengal , India , Bangalore , Karnataka , Mumbai , Maharashtra , Chennai , Tamil-nadu , Nirmala-sitharaman , Rajya-sabha , Amit-mitra

Petrol crosses Rs 90-mark for 1st time ever in Delhi, diesel at Rs 80.60

Read more about Petrol crosses Rs 90-mark for 1st time ever in Delhi, diesel at Rs 80.60 on Business Standard. In Bangalore, petrol and diesel prices surged by 32 paise and 35 paise respectively to Rs 93.21 and Rs 85.44

Gurgaon , Haryana , India , Bhubaneswar , Orissa , Lucknow , Uttar-pradesh , Mumbai , Maharashtra , Hyderabad , Andhra-pradesh , Trivandrum

Petrol price at record high of Rs 89.88 in Delhi, diesel crosses Rs 80-mark

Read more about Petrol price at record high of Rs 89.88 in Delhi, diesel crosses Rs 80-mark on Business Standard. Petrol and diesel prices are revised on a daily basis in line with benchmark international price and foreign exchange rates

Saudi-arabia , New-delhi , Delhi , India , Nirmala-sitharaman , Rajya-sabha , Dharmendra-pradhan , Organization-of-the-petroleum-exporting-countries , Development-cess , Petroleum-minister-dharmendra-pradhan , Petroleum-exporting-countries , Union-finance-minister-nirmala-sitharaman