Page 9 of fuel

India in talks to increase Russian oil imports from Rosneft

Discounted Russian oil has provided some relief to India just as inflation skyrockets alongside surging prices of everything from food…

June 6, 2022 17:19 IST

Centre’s fuel tax too high, not feasible for states to reduce taxes further: Tamil Nadu finance minister

The Union government’s levies on petrol have gone up substantially in the past seven years since the prime minister took…

April 29, 2022 06:10 IST

Narendra Modi, fuel prices, petrol prices, diesel prices, VAT value added tax

‘Not criticising anyone but…’ – On high fuel prices, PM Modi’s ‘special request’ to states for VAT reduction

Modi raised the issue of many states not adhering to the Centre’s call for reducing the VAT on petrol and…

April 27, 2022 15:57 IST

Fuel prices: Solving the petroleum price puzzle

To reduce vulnerability to such situations, the Centre, in the short term, aims to protect people from bearing the full…

April 20, 2022 04:10 IST

India’s fuel sales hit 3-year high in March

As the economy continued to rebound from the deep impact of the third wave of the COVID-19 pandemic, demand for…

April 11, 2022 15:48 IST

Fuel price hike: Oil firms bite the price hike bullet, finally; more price hikes likely, but in small doses

More instances of retail price increases in ‘tiny doses’ could be expected over the next few weeks to cover OMCs’…

March 23, 2022 04:00 IST

Inadequate increase: Combine graded increases of retail fuel prices with excise duty cuts

The government may have had state elections in mind in holding off price hikes since November last year, but it…

March 23, 2022 03:45 IST

Fuel prices: Statement in Upper House signals tax cuts not ruled out

At present, the Centre’s taxes on petrol and diesel are Rs 27.9/litre and Rs 21.8/litre respectively.

March 16, 2022 00:33 IST

The options that US has is to persuade its allies to increase the production and relax sanctions on Iran. “Unless this happens there is every likelihood of short-term pressure on crude oil price. “It is likely to hover around $120-125 per barrel,” Arora said.

Ukraine crisis effect: Come mid-March, oil marketing companies to hike auto fuel prices

“Russian supplies are mere 2-3% of the total imports by India. That too is replaceable and can be easily substituted…

February 25, 2022 01:45 IST

Diwali Surprise! Modi govt announces excise duty reduction on petrol & diesel - Here's how much fuel will cost now

Petrol, diesel excise duty cut by Rs 5, Rs 10 per litre on Diwali eve; cheaper fuel from today

Petrol and Diesel Price Cut: States have been urged to reduce VAT on petrol and diesel to give relief to…

Updated: November 4, 2021 07:26 IST

These steps helped the government save nearly Rs 71,301 crore cumulatively till March 31, 2020.

Quiet decontrol of LPG: 2021-22 to bring the curtain down on budgetary fuel subsidy

Prices of LPG in the country are based on international benchmark prices, which had risen from $359/tonne in October, 2020…

August 9, 2021 04:00 IST

Diesel at Rs 100 mark in Rajasthan; Karnataka sees Rs 100 per litre petrol

Oil companies revise rates of petrol and diesel daily based on the average price of benchmark fuel in the international…

June 12, 2021 15:13 IST

Eye on FY22: Tax revenue to witness big jump; GDP recovery, fuel taxes, anti-evasion steps to bolster receipts

Most analysts expect the nominal GDP to grow at 15% or thereabouts in FY22; going by historical pattern, it is…

January 26, 2021 05:00 IST

Petrol and Diesel Prices to be revised daily starting on 16th June

While the move has been widely applauded by the fuel giants, we think there is a little more to it…

June 12, 2017 14:49 IST

Automotive Mission Plan (AMP) 2016-26, 50 million jobs, Union Minister, Anant Geete, National Automotive Mission Plan

‘Better material selection can raise fuel efficiency by 7%’

Proper material selection in auto industry can increase fuel efficiency by 7 per cent, according to Confederation of Indian Industry-Corrosion…

June 12, 2016 16:43 IST

CPI(M) attacks Modi government over latest fuel price hike

“The government is earning profits through regular hikes in the duties of petroleum products… there have been five successive hikes…

June 1, 2016 17:14 IST

France tapping fuel stocks as strikes cause gas shortages

France has begun using its fuel reserves to deal with gasoline shortages caused by strikes and protests over a divisive…

May 25, 2016 14:53 IST

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Railway suspends platform ticket sales at THESE 15 stations amid festive season

Railways2 hr ago

Indian Railways has halted the sale of platform tickets at 15 key stations, including Delhi and Mumbai, to ensure the safety of passengers during Diwali and Chhath Puja. The restriction will last until October 28, 2025, but some passengers will be exempt. A holding area has been completed at New Delhi Railway Station to handle the rise in foot traffic during festivals.

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