Slovakia backs India's permanent UNSC seat, UNSC adopts resolution calling Taliban rulers to reverse crackdown on women in Afghanistan, Nepal govt opens energy sector for private investments, The Amarnath Yatra will begin on July 3 and conclude on 28th August,

No plan yet to raise petrol, diesel prices: Oil Ministry

India on Thursday said there is no proposal under consideration to increase petrol, diesel prices, dismissing reports claiming the same. “There are some news reports suggesting a price hike of petrol and diesel. It is hereby clarified that there is no such proposal under consideration by the Government,” said Ministry of Petroleum and Natural Gas in a post on X. “Such news items are designed to create fear and panic amongst the citizens and are mischievous and misleading,” it said.

The clarification came after a report by Kotak Institutional Equities hinted of a steep increase in petrol and diesel prices once the polling for assembly elections in states like West Bengal ends on April 29. Kotak projected a Rs 25-28 a litre increase in price based on crude oil staying close to USD 120 per barrel.


Newsinc24 is now on telegram. Click here to join our channel @newsinc24 and stay updated with the latest news from politics, entertainment and other fields.

Related Items

  1. India restricts bulk petrol, diesel sales at retail outlets for 90 days

    Full Story

  1. Indonesia floods decimated world's rarest great ape- Orangutan: Report

    Full Story

  1. Domestic LPG price raised by Rs 29 per cylinder

    Full Story

My Cartoon


image1


Photos

Food & Lifestyle

Avocado: A heart-smart ingredient worth adding to your plate

Avocado is also an excellent source of dietary fiber. Including it in your meals can contribute significantly to your daily fiber intake. 

Read More

Crime

IDFC First Bank-AU Finance Bank fraud case: CBI searches 6 premises

The CBI has conducted searches at six premises in connection with the ongoing investigation into the IDFC First Bank and AU Finance fraud case..

Read More

Opinion

Manufactured Panic: When fear becomes a business model

Perhaps the most overlooked example of anxiety-driven consumerism lies in the modern obsession with expiry dates.

Read More

Credibility Matters at Newsinc24.com because it is a website that gives you fast and accurate news coverage. It provides news related to politics, astrotalk, business, sports as well as crime. Also it has book promotion too. We known for our credibity. You can contact us for your querries on our email address. And, If you want to know more about us, then check the relevant pages for this purpose.