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Petrol, diesel prices up by Rs 3, CNG by Rs 2, further hike likely; no change in piped gas yet

May 16, 2026

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/IjlRGmd >

Govt imposes Rs 3/litre windfall tax on petrol exports, cuts diesel and ATF export levies

May 16, 2026

The government has imposed a Rs 3 per litre windfall tax on petrol exports while reducing levies on diesel and aviation fuel. These revised rates, effective May 16, aim to ensure domestic fuel availability and prevent excessive profits from elevated global crude oil prices amid the West Asia conflict. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/qbW0N4h >

Petrol, diesel prices: Check latest fuel rates in your city and state after Rs 3 increase

May 15, 2026

Fuel prices have surged across India, with petrol now exceeding Rs 110 per litre in several states and diesel nearing Rs 100 in many regions. This hike, averaging Rs 3 per litre, follows sustained pressure from elevated global crude oil prices, exacerbated by the West Asia crisis. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/c9gqIY6 >

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Giri world

Posts

‘India, UK work on steel issue for trade pact rollout’

Petrol, diesel prices up by Rs 3, CNG by Rs 2, further hike likely; no change in piped gas yet

Govt imposes Rs 3/litre windfall tax on petrol exports, cuts diesel and ATF export levies

Petrol, diesel prices: Check latest fuel rates in your city and state after Rs 3 increase

Sugar exports banned till Sept 30 to check prices

Govt: Capex, developmental spending, subsidies to go on as planned

Petrol and diesel prices may rise if Middle East crisis persists, says RBI Governor Sanjay Malhotra