Fuel Prices
- Pakistan
Pakistan finance minister warns of default if fuel subsidies not abolished
Islamabad: Pakistan will default if the government does not abolish the subsidies on petroleum products, Finance Minister Miftah Ismail has said, warning that the cash-strapped country’s economy could be in a similar…
- India
Ukraine war has thrown up fuel, food and fertiliser crisis: Jaishankar
Bengaluru: The Russia-Ukraine war has thrown up a crisis of fuel, food and fertiliser that will lead to hunger situations and have a very significant inflationary impact, External Affairs Minister S Jaishankar said…
- Politics
Why Congress-ruled states aren’t reducing fuel prices, asks Irani
Raipur: Union minister Smriti Irani on Saturday questioned why the Congress-ruled states have not been reducing fuel prices further after the Union Government gave relief to consumers last month. Talking to reporters…
- Telangana
Scrap cess to reduce fuel prices to 2014 level, demands KTR
Hyderabad: Telangana’s Industry and Commerce Minister K.T. Rama Rao on Sunday demanded the Narendra Modi-led Central government scrap the cess on fuel, saying this will bring down the prices to 2014 level.…
- World
Sri Lanka starts nationwide raid on those hoarding petrol, diesel
Colombo: Police in Sri Lanka on Sunday started a nationwide raid on those hoarding diesel or petrol for resale amid the ongoing economic crisis. Police spokesman Nihal Thalduwa said they had received…
- India
Being between ”devil and deep sea”: Chidambaram on states’ situation after govt’s excise cut on fuel
New Delhi: Senior Congress leader P Chidambaram on Sunday wondered whether the states can afford to give up revenue from VAT on petrol and diesel unless the Centre devolves more funds or…
- World
Imran Khan again praises India for reducing fuel prices
Islamabad: Pakistan’s ousted prime minister Imran Khan has once again praised India for reducing fuel prices with the help of “discounted oil” from Russia, saying this is what his government was working…
- Politics
Stop befooling people, says Congress on fuel price cut
New Delhi: The Congress on Saturday accused Finance Minister Nirmala Sitharaman of “befooling” people after she announced an excise duty cut on petrol and diesel and said people needed relief instead of…
- India
It is always people first for us: PM Modi on fuel price cut
New Delhi: As Finance Minister Nirmala Sitharaman announced a sizeable cut in fuel prices, Prime Minister Narendra Modi said on Saturday that people are the first priority for his government. The government…
- India
NCP screams over inflation, Smriti revels in 2019 Amethi victory!
Pune: In a flash agitation, hundreds of Nationalist Congress Party (NCP) activists staged a massive protest over inflation and fuel prices hike before Union Textiles Minister Smriti Irani here on Monday. The…
- Telangana
Fuel issue: KTR slams union min, says no VAT hike in Telangana
Hyderabad: In the on-going feud between the Centre and states regarding the increasing fuel prices, Telangana minister for IT and industries KT Rama Rao (KTR) on Thursday took on union minister of…
- Telangana
KTR slams Centre over fuel price hike, demands to scrap Cess on petrol, diesel
Hyderabad: Lashing out at the Centre for asking the States to reduce VAT (value-added tax) on fuel, Telangana Industry and Commerce Minister KT Rama Rao on Wednesday demanded the central government to…
- India
PM’s remarks on fuel prices ignite another Centre-Maha war of words
Mumbai: Maharashtra’s ruling Maha Vikas Aghadi (MVA) hit out at the Centre and Prime Minister Narendra Modi after he on Wednesday pointed fingers at the state government for pushing up petrol-diesel prices.…
- India
OMCs might require to further raise fuel prices: Fitch Ratings
Mumbai: Further hikes in retail fuel prices may be required for state-run oil marketing companies’ marketing margins to reach pre-November levels, Fitch Ratings said on Tuesday. Notably, the November 2021-March 2022 was…
- Business
US inflation hits 40-year high
London: The US inflation rate hit a 40-year high in the year to March after fuel prices soared during the first full month of the Ukraine war, BBC reported. Consumer prices surged…
