petroleum prices

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    Karachi Residents Face Higher Food Prices Amid LPG Shortage

    Islamabad, April 9 – The prices of roti and chapati have increased in Karachi, Pakistan, as the country continues to experience a severe shortage of Liquefied Petroleum Gas (LPG), further increasing the financial burden on people who are already struggling with inflation, local media reported on...
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    Rising Transport Costs Strain Karachi Residents' Finances

    In Karachi, Pakistan, people continue to pay increased fares while using public transport, despite a Sindh government order that bus owners should freeze fares in exchange for a fuel subsidy, local media reported on Thursday.Transport operators, including bus, minibus, and rickshaw drivers, as...
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    FM Sitharaman Highlights India's Fiscal Space and RBI's Options

    New Delhi, April 6 – India's strong fiscal position and robust foreign exchange reserves provide the Reserve Bank of India with more policy flexibility, Finance Minister Nirmala Sitharaman said on Monday.Addressing the golden jubilee celebrations of the National Institute of Public Finance and...
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    Pakistan Protests: Inflation and Fuel Price Hikes Trigger Demonstrations

    Islamabad, April 6. Protests and rallies were held in Karachi, Jacobabad, Hyderabad, Sukkur, and several other parts of Sindh province in Pakistan against the recent increase in petroleum prices and rising inflation, local media reported on Monday.The Sindh United Party (SUP) in Sukkur held a...
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    Pakistani Traders Threaten Protest Over Rising Fuel Prices

    Traders in Pakistan have warned the government of a nationwide protest if the increase in petroleum prices is not withdrawn, while also calling for an end to the ongoing crackdown on bakers (naanbai), local media reported on Sunday.Speaking at a press conference at the National Press Club, All...
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    Rising Inflation Fuels Criticism of Pakistan's Fuel Price Increase

    Islamabad, April 3 – Pakistan’s Human Rights Council (HRC) strongly criticised the government’s steep increase in petrol and diesel prices on Friday, warning that the move would further burden citizens already struggling with rising inflation and economic hardship.According to the rights body...
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    India’s ATF Price Increase: Airlines Seek Relief Amid Global Oil Surge

    In New Delhi, on April 1, aviation turbine fuel (ATF) prices for domestic airlines were raised by 8.5 percent, instead of the expected doubling due to a surge in global oil prices driven by the war, even as prices for commercial LPG and premium petrol also increased.ATF, or jet fuel, for...
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    ATF Prices Double: Airlines Get Partial Relief Amid Global Surge

    New Delhi, April 1 – ATF or jet fuel prices more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, but state-owned oil companies passed on only a fraction of the increase to domestic airlines, adopting a calibrated approach to dealing with the war-linked surge in global oil...
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    India Maintains Fuel Availability Amid Global Economic Concerns

    Lucknow, March 29 Uttar Pradesh Chief Minister Yogi Adityanath said on Sunday that while many countries around the world have declared a "state of emergency" due to the crisis in the Middle East, India is moving forward with full strength due to Prime Minister Narendra Modi's "visionary"...
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    UP CM Highlights India's Resilience Amid Global Fuel Crisis

    Lucknow, March 29 Uttar Pradesh Chief Minister Yogi Adityanath on Sunday asserted that while "emergency has been declared in many countries" due to the West Asia crisis, India is moving with full strength due to Prime Minister Narendra Modi's "visionary leadership.""The Gulf War has created an...
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    Reddy Assures Petroleum Supply Amid Global Tensions

    Hyderabad, March 28 Union Coal Minister G Kishan Reddy on Saturday reassured people about the uninterrupted availability of petroleum products, including petrol and diesel, in the wake of military conflict in West Asia and emphasised that there is no cause for panic.Reddy, who chaired a review...
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    Bihar Politics: Resignation Looms for Nitish Kumar

    Patna, March 27 – A significant constitutional and political development is unfolding in Bihar following Nitish Kumar's election to the Rajya Sabha.After receiving his election certificate on March 16, Nitish Kumar is now bound by constitutional provisions that require him to resign from one...
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    Singhvi Welcomes Excise Duty Cut, Calls for Broader Action

    New Delhi, March 27 Congress Rajya Sabha member Abhishek Manu Singhvi, reacting to the government's decision to cut excise duty on petrol and diesel, said on Friday that any form of relief should be welcomed, provided it is appropriate and timely.Speaking to reporters, Singhvi said: "I welcome...
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    Inter-Ministerial Briefing: India's Plan for Gulf Stability and Fuel Security

    March 27, New Delhi: Speaking at an inter-ministerial briefing in New Delhi, officials stated that the government is taking steps to protect the academic interests of Indian students in the Gulf region amid the ongoing situation.Aseem Mahajan, Joint Secretary (Gulf), Ministry of External...
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    Ashwini Vaishnaw: Government Shields Citizens from Rising Fuel Costs

    Union Information and Broadcasting Minister Ashwini Vaishnaw stated that the government has absorbed fiscal losses to provide relief to its citizens in the face of the global crisis. In a social media post, the Minister praised the government's decision to reduce excise duty on petrol and diesel...
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    Fuel Cuts Amid Elections: Opposition Criticizes Timing

    New Delhi, March 27 The opposition on Friday termed the Centre's excise cuts on fuel as a "late move" taken with the upcoming elections in West Bengal, Assam, and other states in mind.The government has slashed excise duty on petrol to Rs 3 per litre and exempted diesel fully from duty.The...
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    Modi Govt Cuts Fuel Excise Duty: Relief for Citizens

    New Delhi, March 27 Union Home Minister Amit Shah on Friday said that amid global fuel shortages triggered by the West Asia crisis, which have pushed prices higher worldwide, the Modi government’s decision to cut excise duty on fuel offers much-needed relief to citizens.Speaking on the social...
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    Haryana Minister Focuses on Scheme Implementation

    Chandigarh, March 26 Union Minister Manohar Lal Khattar on Thursday directed officials to ensure transparency in the implementation of welfare schemes of the Centre and the Haryana government, and to ensure that their benefits reach the maximum number of people.Khattar, who holds the...
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    Maharashtra Assembly Session Marked by Lack of Response and Debate

    Mumbai, March 25 The opposition on Wednesday accused the BJP-led Mahayuti government of displaying "arrogance of the majority" and alleged it failed to respond to their questions and pushed key legislations without adequate discussion in the Maharashtra assembly.Addressing a press conference...
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    TN Residents Face Increased Drinking Water Expenses

    Chennai, March 24 – The ongoing conflict in the oil-rich West Asian region is beginning to impact some households in Tamil Nadu, with the prices of packaged drinking water rising due to an increase in input costs linked to petroleum-based materials.Initially, the disruption affected hotel and...
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