Wed, Sep 18, 2024
In a move that can ease burdern on common man's pocket in near future, the government on Tuesday slashed windfall tax on domestically produced crude oil to 'nil' per tonne with effect from September 18. The reduction could make petrol, diesel cheaper.
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Tue, Sep 10, 2024
Union Minister Road Transport and Highways Nitin Gadkari has said that the central government is not against the use of non-renewable fuels but its responsibility towards the people of the country and the environment inspires it to promote electric vehicles (EVs).
Mon, Jul 29, 2024
HPCL Q1 FY25 Results: State-run oil marketing company (OMC) Hindustan Petroleum Corporation Ltd (HPCL) registered a sequential fall of its standalone net profit for the April-June period, much worse than analysts' expectations. Here are key takeaways from HPCL's financial results for the first quarter of the current financial year.
Tue, Jun 16, 2020
Bus and cabs operators on Monday called for a "middle path" on the fuel price hike, saying that every day increase in prices will result in travel cost shooting up and they will have?to pass on the hike to passengers
Jet fuel or ATF price on Tuesday was hiked by 16.3 per cent while petrol price was increased by 47 paise per litre and that of diesel by a record 93 paise on the back of firming international oil rates
Mon, Jun 15, 2020
CNG Calculator: Attention vehicle owners! If you have a vehicle with CNG (Compressed Natural Gas) kit fitted into it, Indraprastha Gas Limited (IGL) recommends use of CNG over petrol or diesel
Sun, Jun 14, 2020
Fuel prices recorded a seventh consecutive hike on Sunday, taking the total increase over the past week to more than Rs four per litre.
Sun, May 24, 2020
The Mizoram government will hike diesel and petrol prices by 2.5 per cent and 5 per cent, respectively, from June 1 to fight the economic slowdown caused by the outbreak of novel coronavirus, Taxation Minister Lalchamliana said on Saturday.
Sun, May 17, 2020
The last revision of VAT on petrol and diesel was made on January 5, 2016 from 23 per cent to 26 per cent.
Wed, May 06, 2020
Government has decided to increase the excise duty on petrol and diesel, in a bid to generate more revenue However, you will not have to pay more at the fuel station. Late on Tuesday evening, the government hiked excise duty on petrol by Rs 10 per litre and that on diesel by Rs 13 a litre.
Tue, May 05, 2020
It's one the biggest rise in the rates of petrol and diesel in Delhi.
Sun, May 03, 2020
This the steepest cut ever and sixth reduction in ATF prices since February.
Thu, Apr 30, 2020
Nagaland has become the first state in India to levy a Covid cess on diesel and petrolm making the fuel dearer. The state has imposed a Covid cess of Rs 5 on diesel and Rs 6 on petrol in the wake of coronavirus lockdown which has caused revenue loss to the state exchequer
Mon, Apr 27, 2020
In perhaps the most far-reaching easing of rules, the government has simplified procedures for oil and gas exploration and production by providing for self certification for a host of compliance, such as a discovery notification and deemed consent for investment in fields in a stipulated time
Thu, Apr 23, 2020
The state government has increased taxes on petrol and diesel from Wednesday.
Thu, Apr 02, 2020
Consumption of LPG has incresed since the announcement of the 21-day nationwide lockdown, S.K. Surana CMD at HPCL told Zee Business Managing Editor Anil Singhvi in an exclusive interview; lockdown has affected consumption of petroleum products like diesel and petrol and it was only natural since the movement of vehicles have been restricted, he said
Wed, Apr 01, 2020
The switch over from BS-IV to BS-VI was achieved in just three years, a feat not seen in any of the large economies around the globe.
Mon, Mar 23, 2020
The amendment along with the Finance Bill was passed without a debate in the Lok Sabha.
Sun, Mar 22, 2020
The country's largest public sector refiner, Indian Oil Corporation (IOC), said on Saturday that all its fuel stations will remain open during the 'Janata Curfew' on Sunday, but will operate with skeletal staff.
Sun, Mar 15, 2020
Government has taken the bait provided by unusually low global oil prices to raise excise duty on petrol and diesel to raise revenue that has been severely impacted by a slowing economy.
Mon, Mar 09, 2020
Fuel prices dropped further after international crude oil went into a free fall due major slump in demand following the global outbreak of coronavirus epidemic.
Sun, Mar 08, 2020
Petrol and diesel prices fell for the fourth consecutive day on Sunday. Oil marketing companies continued to cut fuel prices by 18-20 paise per litre across different metro cities.
Sun, Mar 01, 2020
In a major relief to consumers as fuel prices were cut sharply on Sunday.
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