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CAG AUDIT ON FUEL PRICES
Coforge shares crash 9% after Chairman Om Prakash Bhatt resigns post auditCoforge shares fell after Chairperson Om Prakash Bhatt resigned. An internal audit identified concerns regarding the board evaluation proce...
State oil companies lose up to 35% bulk diesel salesState oil companies are grappling with substantial bulk diesel sales losses as numerous large customers pivot to retail pumps to evade soar...
Government should adopt flexible approach to ethanol-blended petrol programme: ICRIER paperA research paper recommends flexibility in India's ethanol blending program targets. It suggests maintaining E20 as a long-term goal while ...
India faces higher oil import costs as crude prices surge on West Asia supply risksInternational crude prices surged, impacting India's oil import bill and inflation. Escalating West Asia tensions raised concerns about glo...
India's shift to biofuels will lead to energy security, says top PM advisorIndia is accelerating its shift to alternative fuels, with biofuels such as ethanol, methanol and butanol expected to play a key role in en...
Five-year fuel contract with Mauritius: IndianOil turns 25-year presence into strategic footholdIndia has signed a five-year fuel supply agreement with Mauritius under which IndianOil will meet the island’s entire import requirement of...
Alternative fuels overtake petrol in India’s car sales for first time as CNG, EVs and hybrids gain groundIn response to soaring fuel costs, consumers are now leaning towards alternative fuels like CNG, hybrids, and electric vehicles, resulting ...
ECB rate decision: Five key questions for markets as energy prices fuel inflation fearsThe European Central Bank is widely expected to raise its deposit rate by 25 basis points to 2.5% on Thursday as surging energy prices push...
Iran's government to raises price of petrol as US applies economic pressureIran will raise gasoline prices for users exceeding 110 liters monthly starting Tuesday. The price for the third quota will increase to 100...
Ahead of the curve in managing inflationHeadline inflation is rising, driven by food and fuel, while wholesale prices approach ten percent. Core inflation remains stable, and the ...
Israel cuts fuel tax as US-Iran conflict pushes up gasoline pricesIsrael's finance minister ordered a fuel excise tax cut for two months. This action addresses the recent surge in gasoline prices across th...
NFRA forms audit quality, assurance and technology advisory committeeIndia's National Financial Reporting Authority has set up a fresh advisory committee that will delve into critical areas such as audit qual...
US diesel prices hit a record high, pushing up transportation costs for a long list of goodsDiesel prices soared to unprecedented levels in the United States on Friday, primarily due to the six-month conflict involving Iran. This r...
US diesel prices hit a record high of $5.85 as Iran war disrupts the flow of fuelUS Iran war: Diesel fuel has reached an unprecedented average price of $5.85 per gallon. This surge is directly linked to the ongoing six-m...
Beyond the fuel bill: Why MSMEs and businesses need to rethink energy resilienceAs geopolitical uncertainty and energy price volatility reshape business priorities, Aditi Bhosale Walunj explains why companies, particula...
Himachal Assembly passes university amendment Bill amid protests over recruitment powersHimachal Pradesh Assembly passed a bill amending the state university recruitment system. The government aims for transparent and merit-bas...
Record 7.8 crore ITRs filed for AY26-27 as August 31 deadline endsOver 7.8 crore Income Tax Returns were filed for AY 2026-27 by August 31. This marked the close of the revised statutory deadline for non-a...