The price of petrol and diesel in India hit a new high on June 4 ... because the ripple effect can make other things expensive. Which is why, the Reserve Bank of India (RBI) governor, Shaktikanta ...

In Delhi, petrol and diesel cost ₹76.87 per litre and ... This alarming spike, however, begs the question. Why are fuel prices in India so high? In addition to the global price of crude ...

India's oil demand surged in January, exceeding expectations and further solidifying its position as the world's ...

India imports about 80% of its oil needs ... and use loyalty programs offered by fuel stations. Why is petrol more expensive than diesel? Petrol is more expensive due to higher taxes and ...

An curved arrow pointing right. A kilogram of jasmine oil can cost $5,000. But to get that small amount of oil, harvesters need to handpick over 5,000 jasmine buds. Once the flower blooms ...

Crude Oil: In India, fuel prices completely depend on the cost of crude oil imported from ... (VAT): It differs from state to state, which is why fuel prices differ across different states and ...

India imports about 80% of its oil needs ... and use loyalty programs offered by fuel stations. Why is petrol more expensive than diesel? Petrol is more expensive due to higher taxes and ...

cost of crude oil, global cues, demand for fuel, and so on. When international crude oil prices gain, prices in India move higher. The price of fuel includes excise duty, value-added tax (VAT ...

Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26, focusing on accelerating growth, ensuring inclusive development, and increasing spending power for India's middle class. Key ...

India moving away from fuel subsidy is widely considered one of the most significant economic reforms, giving the government enough room for expanding its social and subsidy expenditure beyond ...