India moving away from fuel subsidy is widely considered one of the most significant economic reforms, giving the government enough room for expanding its social and subsidy expenditure beyond ...

Diesel prices in India are based on dynamic fuel pricing system and hence revised on a regular basis. The diesel rates are revised at 6 am every day. This dynamic pricing ensures that even a ...

Currently, diesel is retailing at Rs 87.67 a litre in Delhi . In Mumbai, Chennai and Kolkata diesel costs Rs 89.97 , Rs 92.81and Rs 91.76 respectively. India imports about 80% of its oil needs and ...

Thus, marginal changes in international trade or demand fro crude oil can have noticeable impacts on domestic diesel prices in Chennai as well. Chennai is the largest city of Tamil Nadu with more ...

The movement or change in the Diesel price will be very low if it is changing every day such as the price change will be in paise. In Bangalore, diesel prices reduced further due to a change in ...