Petrol diesel Archives

Congress Protest Against Fuel Price Hike Is Led By Rahul Gandhi

Our CorrespondentMarch 31, 20220

Petrol and diesel prices were hiked again on Thursday for the ninth time in the last 10 days. Congress MP in Rajya Sabha Digvijay Singh said, The Center has closed the PF rate at the lowest level ever at 8.1 percent but has decided to increase the investment limit in the stock markets by 15 percent. On one hand, the Center has cut interest rates. On the other hand, it has left the PF fund to expose the market for speculation. This is not the money of the Centre, it is the hard-earned money of the laborers. In addition, Congress has launched nationwide protests on the issues of inflation and fuel price hike. Congress leader Rahul Gandhi is leading a protest against a hike in fuel prices by Congress MPs from both Rajya Sabha and Lok Sabha. The protest is being held at the iconic Vija...

IndiaNews

Ukraine Crisis Impact: Petrol, Diesel Prices Likely To Shoot Up By Rs 15 to 20

Aditi priya singhMarch 7, 20220

The common man may have to bear the brunt of the inflation regarding petrol and diesel. Due to the enmity between Russia and Ukraine, it is affecting the economic condition of India including the whole world. From edible oil to crude oil, smartphones and many electronic gadgets have become expensive. With continued demand for oils disrupted due to war, global crude oil prices are expected to remain in the range of $95 to $125 a barrel in the short term. Consequently, the domestic prices of petrol and diesel in India are expected to rise by Rs 15-22 per litre due to the global rise in crude oil prices due to the geopolitical crisis. However, a cut in excise duty may reduce the impact on petrol and diesel prices to some extent, but not completely. India currently imports 85% of its...