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Ahmedabad: Union Finance Minister Nirmala Sitharaman on Thursday said there should be less burden on consumers and both the Centre and states should talk with each other over reducing taxes on diesel and petrol whose prices have risen sharply in recent times. Asked if the Centre is mulling to reduce cess or other taxes on fuel to give some respite to consumers from high prices of diesel and petrol, she said the question has put her in "dharm-sankat" (dilemma). "No hiding of the fact that the Centre gets revenue from it. Same is the case with states. I agree that there should be less burden on the consumers. "For that, both the Centre and states should talk with each other (for reducing central as well as state taxes on fuel)," she said during an interaction with the students of the Indian Institute of Management-Ahmedabad (IIMA). Earlier in the day, Reserve Bank of India (RBI) Governor Shaktikanta Das said there is a need for coordinated action between the centre ... » Learn More about Centre, states should talk on reducing fuel prices: Nirmala Sitharaman

New Delhi: Petrol and diesel prices were hiked by oil marketing companies on Tuesday. After seeing rate hike for 12 consecutive days since February 9, oil companies have kept the prices of oil steady for two consecutive days till Monday. Petrol in Delhi is just 7 paise away from Rs 91 per litre while in Mumbai it is being sold at Rs 97 per litre, the most expensive in four metro cities. Here is looking at the price difference of diesel and petrol in four metro cities on February 23, 2021. City Petrol Diesel Delhi 90.93 81.32 Mumbai 97.34 88.44 Chennai 92.90 86.31 Kolkata 91.12 84.20 Central government makes up for Rs 32.98 per litre of the price of petrol in Delhi and sales tax or VAT of the state government constitutes Rs 19.55. Petrol and diesel prices are revised on a daily basis in line with benchmark international price and foreign exchange rates. Live TV #mute Oil prices rose on a tight global ... » Learn More about Petrol, Diesel Prices Today, February 23, 2021: Petrol prices near Rs 91 per litre in Delhi; check prices in metro cities

New Delhi: Petrol and diesel prices remained unchanged for third day on Friday as oil marketing companies kept the rates at pause. After seeing rate hike for 12 consecutive days since February 9, oil companies have kept the prices of oil steady for two consecutive days till Monday. On Tuesday, Petrol in Delhi was just 7 paise away from Rs 91 per litre while in Mumbai it is being sold at Rs 97 per litre, the most expensive in four metro cities. Here is looking at the price difference of diesel and petrol in four metro cities on February 26, 2021. City Petrol Diesel Delhi 90.93 81.32 Mumbai 97.34 88.44 Chennai 92.90 86.31 Kolkata 91.12 84.20 Central government makes up for Rs 32.98 per litre of the price of petrol in Delhi and sales tax or VAT of the state government constitutes Rs 19.55. Petrol and diesel prices are revised on a daily basis in line with benchmark international price and foreign exchange rates. ... » Learn More about Petrol, Diesel Prices Today, February 26, 2021: Fuel prices remain unchanged for 3rd day; check prices in metro cities

New Delhi: Reserve Bank of India governor Shaktikanta Das has called for calibrated unwinding of high indirect taxes on petrol and diesel – in a co-ordinated manner by centre and states to contain the fuel prices. "CPI inflation excluding food and fuel remained elevated at 5.5 per cent in December, due to inflationary impact of rising crude oil prices and high indirect tax rates on petrol and diesel, and pick-up in inflation of key goods and services, particularly in transport and health categories. Proactive supply side measures, particularly in enabling a calibrated unwinding of high indirect taxes on petrol and diesel – in a co-ordinated manner by centre and states – are critical to contain further build-up of cost-pressures in the economy," the RBI minutes of meeting said. Petrol and diesel prices in India have witnessed a sharp increase since the last 12 days, with prices of petrol nearing Rs 91 per litre and Rs 97 per litre in Delhi and Mumbai respectively. The ... » Learn More about Fuel price hike: RBI Governor calls for calibrated unwinding of high indirect taxes on petrol, diesel

New Delhi: Petrol and diesel prices remained unchanged on Wednesday as oil marketing companies kept the rates at pause. After seeing rate hike for 12 consecutive days since February 9, oil companies have kept the prices of oil steady for two consecutive days till Monday. On Tuesday, Petrol in Delhi was just 7 paise away from Rs 91 per litre while in Mumbai it is being sold at Rs 97 per litre, the most expensive in four metro cities. Here is looking at the price difference of diesel and petrol in four metro cities on February 24, 2021. City Petrol Diesel Delhi 90.93 81.32 Mumbai 97.34 88.44 Chennai 92.90 86.31 Kolkata 91.12 84.20 Central government makes up for Rs 32.98 per litre of the price of petrol in Delhi and sales tax or VAT of the state government constitutes Rs 19.55. Petrol and diesel prices are revised on a daily basis in line with benchmark international price and foreign exchange rates. Live TV ... » Learn More about Petrol, Diesel Prices Today, February 24, 2021: Fuel prices remain unchanged; check prices in metro cities

Varanasi: Union petroleum minister Dharmendra Pradhan denied predicting when petrol and diesel prices will come down and said pressure is building on oil producing countries to increase production. “No one can predict the rise or fall in petroleum prices. After massive drop in demand during Covid-19 crisis, the oil producing countries had reduced production to 10-12 million barrels in May 2020 from 100 million earlier,” Pradhan said while talking to reporters at circuit house here on Saturday. “When demand started increasing they were asked to increase production and had assured to do so by February. They did not increase production leading to demand-supply imbalance and increase of price,” he added. LPG consumption increases massively in Europe during winter and falls after March-end following which prices are likely to dip, said Pradhan. The cascading effect on other sectors is natural, but the tax component is not being disturbed as the government has to spend Rs ... » Learn More about Fuel prices increased due to dip in supply: Oil minister Pradhan

For Quick Alerts Subscribe Now India - 11,079,979 | World - 113,976,268 View Sample For Quick Alerts ALLOW NOTIFICATIONS For Daily Alerts #Corona Vaccine Second phase of vaccination drive: Gujarat allows paid shots #Corona Vaccine Coronavirus cases: India reports 16,488 new COVID-19 cases, 113 deaths in past 24 hours #Corona Vaccine We are together in this: PM Modi tells WHO chief #Corona Vaccine Welcome move, but India has not beaten us in vaccine diplomacy: China #Corona Vaccine 8-phase polls in WB: 3 ex-CECs say EC's decision must have been based on law and order situation assessment #Corona Vaccine Bharat Biotech signs pact to supply 20 mn doses of Covaxin to Brazil Just In 4 min ago Centre committed to strengthen connectivity, bring development in north-east region: Harsh Vardhan 29 min ago Rajasthan: Gehlot, Pilot put up united ... » Learn More about Corona vaccine price fixed at Rs 250 per dose in private hospitals

New Delhi: The price of the coronavirus vaccine at private facilities in the country has been capped at Rs 250 per dose which includes Rs 100 as service charge, according to central government sources. From March 1, India is going to start the vaccination of people above 60 years and individuals above 45 years of age having comorbidities against coronavirus. "The cost of the COVID-19 vaccine has been kept Rs 250 per dose, includes Rs 150 is a vaccine charge plus Rs 100 as a service charge," a government source confirmed ANI. Untitled Carousel Dharavi reports eight new coronavirus cases; Dadar, Mahim see double-digit spikes Dharavi, which has been witnessing a rise in the daily case count once again, reported eight new cases of coronavirus on Saturday. On Friday, the Union Health Ministry said that covid19 vaccination will be free of charge at the government vaccination centres . The beneficiary will have to show a photo ID document for proof of age ... » Learn More about Coronavirus vaccine price at private facilities capped at Rs 250 per dose

New Delhi: The NITI Aayog has promulgated a price range of Rs 300-500 for two Covid vaccines that would be available for the priority group at private facilities in the third phase of vaccination set to begin from March 1, sources privy to the development revealed, adding that the Bharat Biotech’s Covaxin would cost a bit higher. However, the union health ministry would take a final call on the proposition. The proposed price has been floated after a five-hour long meeting held between the Dr VK Paul, member (health), NITI Aayog and officials from Serum Institute of India and Bharat Biotech on Friday evening, which was concluded around 11 pm., sources added. "This would be the price the end-user would pay for a dose. It includes the service charge the private facilities can take from the beneficiaries," a top official said. ALSO READ: WHO Director praises PM Narendra Modi for promoting vaccine equity around the globe Earlier reports suggested that private ... » Learn More about COVID-19 vaccine price between Rs 300-500, proposes NITI Aayog

Kolkata: Private hospitals plan to keep the charge for vaccinating the next priority groups low. From March 1, those above 60 years of age and the 45-plus population with comorbidities are set to receive the shot against Covid-19. Doctors are also worried about the duration of the exercise. Even though guidelines are yet to be issued, private hospitals could be charging a nominal amount to cover the cost of the consumables other than the price of vaccines. Several hospitals are also planning to add a counter to cater to the new groups. The exercise is expected to be a lengthy one as the second round of inoculation of healthcare workers and the first round for other frontline workers are still in progress. “We are going to work out the price as soon as the vaccination guidelines are issued. Since this is a public service exercise, we will charge just for the vaccine and the price of consumables. Arrangements are being made to add a vaccination counter,” said AMRI Hospitals CEO ... » Learn More about Kolkata: Pvt hosps to keep vax price low, add infra for new target groups