The thumb rule, say experts, is that if the monthly running is less than 1,800 km, a petrol model would prove cheaper in the long run.
While Pakistan had last year allowed import of diesel from India, petrol still continues on its negative list.
Volkswagen, the largest European car maker, sells the Polo, Vento, Jetta, Passat and the Touareg in the domestic market.
This is the fourth increase in auto fuel prices since May 1
The fall in international oil prices had resulted in six consecutive reduction in petrol prices since August and two in diesel in the last one month and there was possibility of another round of cuts this weekend.
PSUs to wait and watch, IndianOil says losing Rs 1.37 on every litre of petrol.
Petrol Pump owners in Maharashtra call off their three-day old strike.
The government on Wednesday hiked the prices of petrol, diesel and LPG by Rs 5, Rs 3 and Rs 50 respectively.
The prime minister is scheduled to review the financial health of oil PSUs at a meeting with finance minister Pranab Mukherjee and petroleum minister Murli Deora on Wednesday evening.
Slamming the Centre and the Tamil Nadu government over petrol price, actor Vijayakant-led Desiya Murpokku Dravida Kazhagam, the principal opposition in the state assembly, will stage a demonstration at Tiruchirappalli on June 1.
Rising prices of cereals and concerns over rice production in the 2023-2024 crop year due to insufficient rains followed by floods could be the possible causes.
The government has brought back the windfall profit tax on domestically produced crude oil after international prices firmed up while the levy on export of diesel has been cut to nil, according to an official order. The levy on crude oil produced by companies such as Oil and Natural Gas Corporation (ONGC) is now Rs 6,400 per tonne with effect from Wednesday, the order dated April 18 said. At the last revision on April 4, windfall tax on domestically produced crude oil was cut to nil as international oil prices dipped below $75 per barrel.
Maruti Suzuki India said it would be investing Rs 1,250 crore (Rs 12.50 billion) to double capacity at its K-series petrol engine unit in Gurgaon to 500,000 by 2012.
IOC said the movement of prices in the international oil market and INR-USD exchange rate shall continue to be monitored closely
Dominic Martin, who had surrendered to police claiming responsibility for the blasts at a Christian prayer meet three days ago, was described as a 'brilliant mind' by investigating officers.
This will help expand the distribution channels, said Subhash Chandra Khuntia, chairman of the insurance regulatory and development authority of India.
There has been a marginal dip in the petrol prices.
The movement of prices in the international oil market and rupee-USD exchange rate shall continue to be monitored closely and developing trends of the market will be reflected in future price changes
The current retail selling price of Rs 65.64 per litre in Delhi is short of actual cost by Rs 8.60 a litre.
Petrol price had been cut 10 times since August 2014.
Petrol now costs Rs 59.99 per litre as against Rs 59.03 a litre previously.
Indian Oil till last month has automated more than 6,200 retail outlets and is planning to automate 7,500 more in the current fiscal across the country.
Facing difficulties in daily operations due to constant increase of fuel prices by oil marketing companies, the Consortium of Indian Petroleum Dealers' Association have threatened to go on a one-day strike.
As many as 67 petrol pumps across Delhi, Noida, Gurgaon and Rohtak will offer 50 paise per litre discount on petrol to consumers who exercise their voting rights on April 10.
For BCPL's branded petrol, Speed, the price differential with regular petrol is now between Rs 2.74 and Rs 3.75 per litre.
The government has cut windfall profit tax on export of diesel and ATF to their lowest while also reducing the levy on domestically-produced crude in line with softening international oil prices, according to an official order. The levy on crude oil produced by companies such as Oil and Natural Gas Corporation (ONGC) has been cut to Rs 4,350 per tonne from Rs 5,050 per tonne, the order dated February 15 said. Crude oil pumped out of the ground and from below the seabed is refined and converted into fuels like petrol, diesel and aviation turbine fuel (ATF).
Petrol price will be cheaper by 49 paise/litre and diesel by Rs 1.21.
Petrol prices may be hiked by Rs 0.65 per litre this week if state-owned oil firms manage to get political approval for the move.
Embarking on a major promotional drive to popularise value-added products of coconut, the Coconut Development Board has tied up with BPCL to put up kiosks in petrol stations throughout the country.
Earlier, the minister faced ire of Opposition members in Rajya Sabha as they accused him of not giving specific replies to questions on Aadhaar-based direct subsidy transfer to domestic cooking gas consumers.
Delhi's 24-hour average air quality index (AQI) stood at 248 on Saturday.
Petrol price may be reduced by about Re 1 per litre while diesel price may be hiked by 40-50 paisa a litre from March 15/16.
Petrol costs less than a dollar in the OPEC region.
It's a capital shock. Delhi, which has more cars than the three other metro cities put together, is seeing a drop in petrol consumption. This is against the national growth trend. The consumption of the fuel declined by a startling nine per cent in November, while diesel grew by 19 per cent. CNG sales have also grown by around 15 per cent.
Shahrukh Saifi was apprehended from Ratnagiri in Maharashtra by the Anti-Terrorism Squad.
A rise in international oil prices and depreciation in rupee have necessitated a Rs 1.40 per litre increase in price of petrol with effect from midnight tonight, said a statement by Indian Oil Corporation.
With global oil rates softening, state-owned oil companies may next week cut petrol price by about Rs 0.80 per litre which could be the first reduction since January 2009.
'Pandemic has triggered interest and awareness among the people about the need for healthcare.'
Only one petrol pump has stock but it will supply petrol and diesel only to school buses and school vans, official sources said.
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