Petrol price crosses Rs 100/litre mark in Delhi Oil 

Petrol price crosses Rs 100/liter mark in Delhi

By Administrator_India Capital Sands Petrol price on Wednesday crossed the Rs 100-a-litre mark after fuel prices were increased in line with firming international oil trends. Petrol price was increased by 35 paise per litre and diesel by 23 paise a litre, according to a price notification of state-owned fuel retailers. In Delhi, petrol now costs Rs 100.21 a litre and diesel is priced at Rs 89.53 per litre. Delhi is the last of the metro cities to see petrol rising above the Rs 100-a-litre mark. Mumbai, Chennai, Hyderabad and Pune already have…

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Economic News 

Petrol inches closer to Rs 100 in Delhi, Kolkata, check rates in your city

By Administrator_ India Capital Sands Petrol prices saw a rise in prices again by 31 to 39 paise again on July 5, taking it to a historic high. However, the diesel rates remain unchanged. In the last two months, petrol prices increased by 34 times and diesel prices saw a surge in prices 33 times. Delhi and Kolkata were the only cities where petrol and diesel prices remained below Rs 100. In the national capital, petrol price stands at Rs 99.90 a litre and diesel is priced at Rs 89.40…

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Economic News 

Petrol, Diesel Prices Today, June 21, 2021

By Administrator_ India Capital Sands After a day’s pause, fuel prices were again hiked on Friday, pushing rates to fresh all-time record highs, according to a price notification of state-owned fuel retailers. In Delhi, petrol and diesel prices were increased by 29 paise and 27 paise, respectively. With the latest revision in the prices, petrol is now retailing at Rs 97.22 per litre and diesel is selling at Rs 97.97 in the national capital. Likewise, there’s no stopping petrol and diesel prices in Mumbai, which are retailing at Rs 103.36…

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Petrol, Diesel prices remain steady, govt tax collection on fuel swells by 459% in 7 years Business News 

Petrol, Diesel prices remain steady, govt tax collection on fuel swells by 459% in 7 years

By Admnistrator_ India Capital Sands Retail fuel prices across the country remained steady on March 9, 2021, after prices of petrol and diesel touched new highs on February 27, 2021. The prices of petrol and diesel in New Delhi remained unchanged at Rs 91.17 per litre and Rs 81.47 per litre, respectively, according to the Indian Oil Corporation Limited. The prices were last hiked by 24 paise per litre for petrol and 15 paise per litre for diesel on February 27, 2021, in the national capital. In Mumbai, the price of petrol…

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Petrol, Diesel prices remain steady, govt tax collection on fuel swells by 459% in 7 years Economic News 

Petrol nears Rs 85-mark in Delhi, diesel closer to Rs 82 in Mumbai

By Administrator_ India Capital Sands Petrol price in the national capital neared the Rs 85 a litre mark while diesel rates in Mumbai were close to Rs 82 as fuel prices were raised by 25 paise per litre each on Monday. Petrol now costs a lifetime high of Rs 84.95 per litre in Delhi while diesel comes for Rs 75.13, according to a price notification from oil marketing companies. The price hike on Monday came after three days of uncha­nged rates. Prices were last hiked by 50 paise a litre in two instal­ments on…

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Petrol, Diesel prices remain steady, govt tax collection on fuel swells by 459% in 7 years Business 

Petrol price nears all-time high after fuel retailers hike rates

By Administrator_ India Capital Sands Petrol price on Wednesday neared all-time high after state-owned fuel retailers hiked rates after a nearly month-long hiatus. Petrol price was raised by 26 paise per litre and diesel by 25 paise a litre, according to a price notification from oil marketing companies. After this increase, petrol in Delhi climbed to Rs 83.97 per litre from Rs 83.71 previously. Diesel rates rose to Rs 74.12 per litre from Rs 73.87. In Mumbai, diesel touched an all-time high of Rs 80.78. This is the first price…

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Petrol, Diesel prices remain steady, govt tax collection on fuel swells by 459% in 7 years Economic News 

Petrol, diesel prices unchanged for 21st day

By Administrator_ India Capital Sands Petrol and diesel prices were paused for the the 21st day on Monday after sixth straight day of hikes. Fuel prices were hiked for the sixth straight day on December 7 by the oil marketing companies leading rates to touch 2-yrear high. Petrol price in Delhi was was hiked by 30 paise per litre and diesel by 26 paise, the sixth straight day of increase in rates due to firming international oil prices on Monday. Petrol price in Delhi is at Rs 83.71 per litre while…

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Petrol, Diesel prices remain steady, govt tax collection on fuel swells by 459% in 7 years Economic News 

Covid-19 lockdown and taxes eat away at diesel’s edge over petrol in India

By Administrator_ India Capital Sands For decades, diesel has underpinned India’s economic growth and the fortunes of its refiners, but the pandemic has caused the nation’s most consumed fuel to lose some of its luster. Since Covid-19-lockdowns have eased across India, diesel consumption has trailed the rebound in gasoline with trucks remaining idle amid a softer economy. Motor fuel use, however, has benefited from people choosing their own cars and scooters over public transport to avoid the risk of infection. While diesel is still king in India — fuel sales are double that of gasoline —…

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