India's petrol, aviation turbine fuel, and LPG consumption shot up in October this year compared to the same month last year, reflecting the rising demand for these fuels in a growing economy.
The Minister cited global factors such as the war in the Middle East and voluntary cuts in oil production, which are influencing the oil prices in the global market.
A molestation-accused man’s son allegedly threw petrol on the complainant girl and set her afire after she refused to withdraw her case in the Khandwa district of Madhya Pradesh.
The remarks came after the comments from India's Oil Secretary, Pankaj Jain, suggesting a price drop last month and media reports indicating that Maharashtra's state elections are expected in early November.
Union Minister of Road Transport and Highways Nitin Gadkari on Monday clarified that he is not against providing incentives for any particular fuel technology.
OMC officials said that if international oil prices continued to firm up, prices may rise further
With price pause on Friday, petrol continues to be priced at Rs 100.56 a litre and diesel 89.62 a litre in the national capital.
Petrol price is now over Rs 100 a litre almost all across the country. Diesel is also catching up and may soon be available over Rs 100 a litre across the country soon.
The only way retail prices could be brought down in this period is by way of tax cuts by both Centre and States, suggests experts as crude oil prices are seen rising from here on.
The price rise pause has come not before the fuel rates have reached new highs across the country through numerous increases in last two months.
