![India's diesel demand witnessed a significant slump in June, attributed to extreme heat conditions that curtailed travel across parts of the country, according to preliminary data from state-owned firms released on Monday. India's diesel demand witnessed a significant slump in June, attributed to extreme heat conditions that curtailed travel across parts of the country, according to preliminary data from state-owned firms released on Monday.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Foip-20240617t125434885jpeg_1718609070222.jpeg&w=3840&q=8)
June 17, 2024, 12:24 AM - 3 mins read
Fuel sales, which typically surge during election periods, have deviated from this pattern in 2024, showing a consistent decline month after month. The downward trend persisted even after the conclusion of the general elections.
Read more![CM Siddaramaiah defends hike in petrol & diesel prices
CM Siddaramaiah defends hike in petrol & diesel prices](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Fsiddanai-3jpg_1718550005449.jpg&w=3840&q=8)
June 16, 2024, 07:57 AM - 6 mins read
According to Siddaramaiah, the VAT on petrol is 25 per cent plus Rs 5.12 additional tax, and on diesel in Maharashtra it is 21 per cent. He, further, states, Karnataka’s revised rates are still more affordable.
Read more![In a move aimed at providing relief to consumers, the central government declared a reduction in petrol and diesel prices by Rs 2, effective from Friday. In a move aimed at providing relief to consumers, the central government declared a reduction in petrol and diesel prices by Rs 2, effective from Friday.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Foip-53jpg_1710490908972.jpg&w=3840&q=8)
March 15, 2024, 01:21 AM - 3 mins read
The Ministry of Petroleum and Natural Gas emphasized in a social media post that the reduction in fuel prices would positively impact consumer spending and reduce operating costs, especially for heavy goods vehicles, cars, and two-wheelers.
Read more![The revised price will be applicable from 6 am on Friday, March 15 The revised price will be applicable from 6 am on Friday, March 15](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Fpetrol1jpg_1710433681060.jpg&w=3840&q=8)
March 14, 2024, 09:28 AM - 1 min read
Petrol and diesel prices were cut by Rs 2 per litre each. The revised price will be applicable from 6 am on Friday, March 15.
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