Fuel prices set for potential ₹2-3 cut as marketing margins improve: ICRA
The improvement in marketing margins for Oil Marketing Companies (OMCs) has been largely driven by a significant drop in crude oil prices in recent months.
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Not against petrol, diesel: Nitin Gadkari
India should find a substitute for fuel imports which is cost-effective, pollution free and indigenous, Gadkari says.
Petrol, diesel to be cheaper by ₹2 from today
Reduced petrol and diesel prices will benefit the citizens through more disposable income, says government
EVs to cost less than petrol and diesel cars in India by 2027
India has a chance to catch up with the front-runners such as China, says report
G20 biofuel initiative: Sugar stocks Shree Renuka, Balrampur Chini, EID Parry rally up to 7%
Sugar stocks such as Dalmia Bharat Sugar, Triveni Engineering, Bajaj Hindusthan, Dhampur Sugar Mills rose in the range of 2% to 5%.
No relief on petrol, diesel, LPG despite lower price of crude: Congress
It may be noted that the WPI based inflation in May 2023 contracted 3.48% year-on-year compared with 0.92% contraction in April 2023.
Govt scraps windfall tax on domestic crude, hikes export duty on diesel
The government has hiked the export duty on diesel to ₹0.50 per litre from ₹1 per litre.
Centre cuts windfall tax on crude oil to ₹3,500/tonne; export duty on diesel hiked
According to a notification by the Ministry of Petroleum and Natural Gas, the export duty on diesel has been hiked to ₹1 per litre from ₹0.50 per litre.
Losses of state-run OMCs to ease amid lower crude oil prices: Moody's
India's windfall tax on exports of locally-produced oil has helped reduce the state-owned refining and marketing companies' marketing losses, says Moody's.
Govt slashes windfall tax on domestic crude oil, exports of diesel; here’s how oil stocks reacted
On July 1 this year, the Indian government joined a group of nations that imposed a windfall tax on crude oil owing to soaring energy prices.
