New Delhi, May 20 (IANS) Rajya Sabha MP Sasmit Patra met Finance Minister Nirmala Sitharaman on Wednesday and submitted a detailed representation urging the initiation of structured national deliberations on the inclusion of petrol and diesel under the Goods and Services Tax (GST) framework. In his representation, Patra emphasised that the constitutional framework under Article 279A(5) already envisages the eventual inclusion of petroleum products within GST through the recommendation of the GST…
Latest fuel prices News & Updates
New Delhi, May 20 (IANS) Operating profitability for Indian cement companies is expected to moderate in 2026-27 as higher power and fuel prices and rising selling costs linked to geopolitical tensions in West Asia weigh on margins, a report said on Wednesday.The report from ICRA highlighted that the OPBIDTA per tonne for its sample set of cement companies is projected to ease by 10–15 per cent to Rs 820–870 per metric tonne in 2026-27, from an estimated Rs 950–980 per metric tonne in 2025-…
Lucknow, May 19 (IANS) Samajwadi Party (SP) President Akhilesh Yadav on Tuesday took a jab at the Uttar Pradesh Chief Minister Yogi Adityanath for opposing ‘namaz’ on public roads, saying “will the government stop us from holding press conference on road”.Yadav attended a ‘bhandara’ at the Lucknow’s Hazratganj area where he distributed ‘prasad’ during the ongoing ‘Jyeshtha’ month celebrations.Addressing the media at the event, the SP Chief asserted that the country and its Constitution are equal…
New Delhi, May 19 (IANS) Rising fuel prices and inflation on Tuesday sparked a fresh political confrontation, with Opposition leaders accusing the Centre of pushing common people into distress, while the BJP defended the situation by calling it a global crisis affecting economies worldwide.AAP leader Anurag Dhanda, attacking the Centre, said auto and truck drivers were being forced towards protest due to increasing prices of CNG, petrol and diesel.”Auto drivers have now announced that they will …
Guwahati, May 19 (IANS) Assam Transport Minister Charam Boro on Tuesday appealed to people to reduce the use of private vehicles and rely more on public transport in view of the rising prices of petrol and diesel. Speaking to reporters shortly after assuming charge of the department, Charam Boro said the government is reviewing measures to ease pressure on commuters and improve public transport facilities across the state.He said people should make collective efforts to minimise fuel consumption…
Jaipur, May 19 (IANS) Rajasthan witnessed the second hike in petrol and diesel prices within a week on Tuesday, as petroleum companies increased petrol rates by around 94 paise per litre and diesel by approximately 91 paise per litre. Following the latest revision, petrol prices in Jaipur have risen to Rs 108.91 per litre, while diesel is now being sold at Rs 94.14 per litre.The fresh increase comes just four days after fuel prices were hiked by Rs 3 per litre on May 15, intensifying concerns ov…
New Delhi, May 19 (IANS) Congress President Mallikarjun Kharge on Tuesday criticised the Centre over the latest increase in petrol and diesel prices, alleging that the government was burdening common citizens while attempting to cover up its policy failures. His remarks came after state-run oil marketing companies raised petrol and diesel prices for the second time in less than a week amid rising global crude oil prices.Taking to social media platform X, Kharge said, “It has been barely four d…
New Delhi, May 18 (IANS) Markets will face pressure from rising rates and currency headwinds, impacting rate‑sensitive sectors such as banking, real estate and capital‑intensive industries, a report said on Monday.The report from Systematix Institutional Equities said as wholesale inflation surged in April and the rupee risks breaching Rs 100 and official CPI forecasts will soon touch 6 to 7 per cent.”The latest Rs 3 per litre fuel price hike, following the Prime Minister’s austerity appea…
Jaipur, May 17 (IANS) The Rajasthan Bharatiya Janata Party (BJP) Core Committee meeting was held in Jaipur to review various ongoing campaigns and organisational activities across the state, veteran party leader and former State party President Arun Chaturvedi said. He told that the upcoming Rajya Sabha elections were discussed during the meeting on Saturday.Keeping in view the dedication of party workers, their loyalty to the party organisation, and the overall interests of the party, all membe…
Chandigarh, May 16 (IANS) Punjab Chief Minister Bhagwant Mann on Saturday criticised the Bharatiya Janata Party (BJP)-led Central government over the steep rise in fuel prices, saying the burden has once again been imposed on common people immediately after elections while those in power continue to lecture citizens on cutting expenses and savings. He said that people across the “country are struggling with inflation, rising transport costs and increasing household expenditure, but instead of pr…