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INDIAN GOVERNMENT FUEL EXCISE CUT
Earnings of OMCs seen weak as Q1FY27 under-recoveries bite: ReportOil companies are projected to experience ongoing challenges through FY27, primarily due to anticipated under-recoveries in Q1FY27, with LP...
No real spike in petrol, diesel prices in India despite global crude oil market volatility: Hardeep Singh PuriAddressing a press conference during his visit to Sonbhadra as part of the Centre's campaign marking 12 years of the Narendra Modi governme...
Bolivia's Paz declares state of emergency over blockade crisisBolivia's President Paz has declared a state of emergency, aiming to resolve the ongoing blockade crisis that's crippling the nation. This ...
Government may lift fuel-supply safeguards once West Asia crisis abates: OfficialIndia plans to ease emergency energy measures as global tensions subside. These steps were taken to ensure fuel availability amid West Asia...
Fuel prices in India won't fall immediately despite global crude slump, MoS Suresh Gopi reveals whyUnion Minister Suresh Gopi explained that immediate fuel price reductions aren't possible despite global crude cost drops due to transit ti...
Assam and Arunachal Pradesh strengthen cooperation in excise administrationArunachal Pradesh and Assam held a ministerial meeting in Itanagar. Discussions focused on excise administration and enhancing inter-state ...
India-UK FTA draws mixed response from liquor industry over Scotch duty cutsThe India-UK Free Trade Agreement is set to begin on July 15. Alcoholic beverage makers welcome the pact, expecting increased trade and a b...
Tamil Nadu's excise revenue lags behind Karnataka, Maharashtra: GovtTamil Nadu's excise duty collections significantly lag behind Karnataka and Maharashtra, showing the lowest absolute collection and slowest...
Petrol, Diesel prices today (June 16, 2026): Fuel rates remain unchanged across major Indian citiesFuel prices held steady on June 16, 2026, providing relief after recent hikes. Global oil prices saw a rebound due to supply concerns and g...
India hikes diesel, ATF export levies from June 16India has increased the windfall tax on diesel and aviation fuel exports. The special additional excise duty on diesel exports will now be ...
Maruti Suzuki shares jump over 4%. How is the new E100 regulation triggering a surge?Maruti Suzuki shares surged after the government approved legal recognition for 100% ethanol blend fuel (E100). This move, championed by Ni...
Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce dealA "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil...
Assam brings in MGR for liquor licences; prices likely to rise from July 1Assam's excise laws have been amended. A new provision, Minimum Guaranteed Revenue, will be introduced for liquor license holders. This wil...
No shortage of energy in country, LPG, oil supply situation comfortable: Hardeep Singh PuriSpeaking with reporters in Ludhiana, Puri further asserted that, while fuel prices rose considerably in many countries, rates in India drop...
Blending of E20+ petrol exempt from excise dutyThe government has removed excise duty on blending over 20% ethanol with petrol. This move supports the use of more domestically produced e...
India waives excise duty on petrol with higher ethanolIndia's government is giving consumers a break by waiving excise duty on petrol. This move is tied to the increased use of ethanol blended ...
Higher ethanol mix tax cut a good driveIndia is rolling out incentives for petrol mixed with higher ethanol percentages, marking a significant step in its commitment to bolster e...
Fueling Demand: Inside India’s ethanol mobility revolution in reverseIndia is launching an ambitious green mobility initiative. The country is establishing E100 fuel stations nationwide before flex-fuel vehic...
Dwarikesh Sugar, Dhampur Sugar and other sugar stocks gain up to 4% after excise duty cut on ethanol-blended petrolSugar stocks rose sharply on Thursday after the Finance Ministry exempted several ethanol-blended petrol variants from excise duty, strengt...
Petrol, Diesel price today changed amid excise duty relief on ethanol-blended fuel? Check latest rates in Delhi, Mumbai, Kolkata and other citiesPetrol, Diesel price today: Fuel prices remained stable across major Indian cities on June 11, 2026, despite the Centre's excise duty exemp...