Fri, Mar 15, 2024
Fuel price cut, OMCs share price NSE BSE: Stocks of these companies in the recent past have climbed sharply amid benign crude rates, which have led to improved auto fuel marketing margins for these entities.
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Wed, Jan 03, 2024
India's GDP growth came in at 7.7 per cent in the first six months of the current fiscal year, said Puri, who also serves as the Minister of Housing & Urban Affairs.
Thu, Dec 28, 2023
According to sources, the Petroleum Ministry has prepared a proposal incorporating the cuts ranging from Rs 8 to Rs 10 per litre in both fuels for the Prime Minister’s approval that could come on Thursday.
Fri, Jul 01, 2022
Excise duty hiked on petrol, diesel, ATF exports. Central excise duty on ATF hiked by ₹6/litre. Export excise duty hiked by ₹5 on petrol, ₹12/L on diesel. The decision was taken to keep the price under control in the domestic market. Duty of ₹ 23,250/tonne on crude oil exports. No change in excise duty for Nepal, Bhutan. Know full details from Ambarish Pandey.
Excise duty hiked on petrol, Diesel, ATF exports. Central excise duty on ATF hiked by Rs 6/litre. Excise duty hiked by Rs 5 on petrol, Rs 12/L on diesel. The decision was taken to keep the price under control in the domestic market.
Sun, Jun 19, 2022
The Federation of Indian Petroleum Industry (FIPI) wrote to the Petroleum Ministry on June 10, saying losses on petrol and diesel will limit further investments in retailing business.
Sat, Jun 11, 2022
Consumption of fuel, a proxy for oil demand, totalled 18.27 million tonnes last month, according to data from the Indian oil ministry`s Petroleum Planning and Analysis Cell.
Mon, May 23, 2022
Auto industry body SIAM on Sunday sought reduction in CNG prices while welcoming the government's decision to lower the petrol and diesel prices.
Sun, May 22, 2022
The finance minister Nirmala Sitharaman through a Twitter handle announced that the government to slash central excise duty on petrol by Rs 8 per liter and on diesel by Rs 6 per liter.
Sat, May 21, 2022
In a slew of measures, the finance minister also announced subsidy on cooking gas under Ujawala Yojana; reducing customs duty on plastic and calibrating the same on iron and steel products.
Tue, May 17, 2022
On the back of the rising crude oil prices globally, the government's concerns on fuel prices – petrol and diesel – have increased.
Wed, Apr 27, 2022
In order to provide relief to the people from the fuel price hike, Prime Minister Narendra Modi on Wednesday called upon opposition-ruled states to follow the Centre`s decision by reducing taxes on petrol and diesel.
Sat, Apr 16, 2022
India's fuel sales fell in the first half of April as a record rise in prices in a short 16-day period dented demand, preliminary industry data showed on Saturday.
Dealers, as well as the public, topped up their tanks as they anticipated prices, that have been put on hold in the run-up to the elections in states like Uttar Pradesh, will rise by a big margin to make up for as much as 60 per cent surge in the cost of raw material.
Sun, Apr 03, 2022
This is the 11th increase in prices since the ending of a four-and-half-month long hiatus in rate revision on March 22.
Sat, Apr 02, 2022
This is the 10th increase in prices since the ending of a four-and-half-month long hiatus in rate revision on March 22.
Wed, Mar 30, 2022
Petrol in Delhi will now cost Rs 101.01 per litre as against Rs 100.21 previously while diesel rates have gone up from Rs 91.47 per litre to Rs 92.27 according to a price notification of state fuel retailers.
Sat, Mar 26, 2022
The petrol and diesel prices in India hiked by 80 paise on Saturday, taking the overall rise to Rs 3.2 in the five days, according to news agency Asian News International (ANI) report.
Mon, Mar 21, 2022
Which companies shares have risen and whose shares have fallen, how will the market be in the coming days? Watch Final Trade to know more.
Sun, Mar 20, 2022
The price of diesel sold to bulk users has been hiked by about Rs 25 per litre in line with a near 40 per cent rise in international oil prices, but retail rates at petrol pumps remain unchanged, sources said.
Wed, Mar 16, 2022
India's auto fuel sales surged past pre-pandemic levels in the first half of March as consumers and dealers topped tanks in anticipation of a likely price hike post assembly elections.
Fri, Mar 04, 2022
International crude oil prices shot above USD 120 a barrel for the first time in nine years on Thursday before retreating a little to USD 111 on Friday, but the gulf between cost and retail rates has only widened
Tue, Feb 22, 2022
India's fuel demand is likely to grow 5.5 per cent in the fiscal year beginning April 1 as economic activity picks up after devastation caused by the pandemic, government estimates showed on Tuesday
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