New Delhi, May 23 (IANS) There is no overall shortage of petrol and diesel in the country and outages reported at some retail outlets are “highly localised” and temporary, Indian Oil Corporation (IOC) said on Saturday.These small outages are caused by regional demand-supply mismatches and shifting sales patterns, the IOC said in a statement. The company is closely monitoring the situation and taking adequate measures to address these isolated situations and ensure uninterrupted fuel supplies to …
Latest Price Hike News & Updates
New Delhi, May 21 (IANS) India’s largest carmaker Maruti Suzuki India on Thursday announced a price hike of up to Rs 30,000 with effect from June 2026.In its stock exchange filing, the domestic carmaker said that the company has decided to increase the prices of its models across its portfolio.”In view of the sustained increase in input costs, the company has decided to increase the prices of its models across its portfolio by up to Rs 30,000 with effect from June 2026,” it said in its regulator…
New Delhi, May 19 (IANS) In a curious turn, people in a part of Bangladesh have lately been found buying eggs with shells broken during transit, storage, or handling, in large quantities, pushing up prices for the damaged product which otherwise were thrown or consumed by the seller’s family, according to a media report. From about Bangladesh Taka 5-6 for each broken egg, the price has now crept up to Tk 8, Dhaka’s popular Bengali daily Prothom Alo reported on Tuesday.It found that demand for su…
Islamabad, May 9 (IANS) The Human Rights Council (HRC) of Pakistan on Saturday strongly condemned the recent increase in petroleum product prices in the country, calling it a “direct assault” on the public.The remarks came after the Pakistani government again increased the petrol prices by Pakistani Rs14.92 per litre and those of high-speed diesel (HSD) by Rs15 per litre on Friday.According to the Petroleum Division’s press release, the revised rates – Rs 414.78 per litre for petrol and …
Islamabad, April 9 (IANS) Prices of roti and chapati have increased in Pakistan’s Karachi as the country continues to experience a severe Liquified Petroleum Gas (LPG) crisis, further increasing financial burden on people who are already facing difficulty with inflation, local media reported on Thursday. Tandoor owners have hiked prices by Pakistani Rupees (PKR) five, citing higher production costs due to the rise in LPG price, which is widely used in the absence of natural gas, Pakistan’s leadi…
Phnom Penh, March 23 (IANS) Sokimex, one of Cambodia’s leading petroleum and Liquefied Petroleum Gas (LPG) importers, has announced that it will temporarily suspend the supply of LPG from April due to severe transportation disruptions caused by the ongoing conflict in the Middle East.In an official announcement released to the media on Sunday, the company said that due to the ongoing conflict and prolonged instability in the Middle East, global transportation of petroleum and LPG has been severe…
Jaipur, March 20 (IANS) Amid volatility in global crude oil markets and rising geopolitical tensions in the Gulf region, Oil Marketing Companies (OMCs) have increased the prices of premium petrol (branded fuel). In Rajasthan, the hike, ranging between Rs 2 and Rs 2.3 per litre, has been announced. However, there is some relief as prices of regular petrol remain unchanged for now.Sunit Bagai, convenor of the Rajasthan Petroleum Dealers Association, told IANS that the increase in premium petrol wi…