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E20 fuel currently sold at over 1,900 pumps: Govt in Rajya SabhaIndia has already rolled out 20 per cent blended fuel, though, in a phased manner, this year and widespread availability is expected in two...
Over Rs 5,100 crore outlay for 2 schemes in petroleum sector: Rameswar TeliIn a written reply to a question by BJP's Anil Baluni in the Rajya Sabha, Teli gave details of the central sector schemes with outlays abov...
India supports release of oil from reserves to cool prices: Minister"Government of India (GoI) is closely monitoring global energy markets situation in the backdrop of evolving geopolitical events," Minister...
India hopes for oil from Iran, Venezuela; higher output from OPEC+ to cool pricesReplying to supplementaries during question hour in the Rajya Sabha, Oil Minister Hardeep Singh Puri said oil export from Venezuela and Ira...
India says oil producers artificially adjusting oil supply leading to price riseThis is the first time ever that India, which stores 5.33 million tonnes or about 38 million barrels of crude oil in underground caverns at...
Petrol price cut by Rs 6.07, diesel by Rs 11.75 per litre in DelhiPetrol will cost Rs 103.97 per litre in Delhi against Rs 110.04 per litre, according to a price notification of state-owned fuel retailers.
Excise collection 79% more than pre-Covid levels: Delhi GovtThe incremental collection of Rs 42,931 crore in the first six months of the fiscal year 2021-22 (April 2021 to March 2022) is four times t...
Govt's excise collection jumps 48% in April-July; already 3x of full fiscal oil bond liabilityData available from the Controller General of Accounts in the Union Ministry of Finance showed excise duty collections during April-July 20...
FM remains non-committal on excise duty cut on petrol, diesel; oil bonds by UPA limit scopeThe previous Congress-led UPA government had issued bonds to state-owned oil companies to make up for the difference in the artificially su...
Petrol and diesel prices may not ease anytime soon as Nirmala Sitharaman rules out a cut in excise duty
Reliance Industries, Reliance-BP Mobility get fuel retailing licenceRIL already had a fuel retailing licence, under which it had set up over 1,400 petrol pumps in the country. But this licence was transferre...
India seeks reasonable price, better commercial terms from oil producersIn a written reply to questions in the Upper House of Parliament, the minister said the world's third-largest oil consumer has taken up wit...
Goat Brand Labs raises $36 million from Tiger Global, Flipkart, othersGoat Brand Labs—a Thrasio-style venture of former Flipkart executive Rishi Vasudev—has also secured debt financing of $18 million, taking t...
Govt's excise collections on petrol, diesel jump 88% to Rs 3.35 lakh croreExcise duty on petrol was hiked from Rs 19.98 per litre to Rs 32.9 last year to recoup gain arising from international oil prices plunging ...
NSE-BSE bulk deals: Accion Frontier trims stake in IndiaMART InterMESHAccion Frontier Inclusion Mauritius sold 3,70,000 shares of IndiaMART InterMESH at Rs 2,055.53 per share. At the end of June quarter, it he...
India gets $463.44 million FDI in food processing in Apr-Sep FY20: GovtThe government has permitted 100 per cent FDI through automatic route in manufacturing of food products subject to sectoral rules and regul...
Apparel brand Turms hit Rs 24 crore revenue rate, closes an additional Rs 2 crore seed roundTurms sells apparel starting at the Rs 799 price point, plans to break even in the next six to nine months.
Apparel brand Turms onboards Dr. Murali Sastry, Sanjay Modi and Sridhar Viswanathan as advisorsThe company, which sells apparel starting at the Rs 799 price point, plans to break even in the next six to nine months.
Turms raises Rs 6 cr to fund expansion, hiringThe company, which uses its patented nanotechnology during the production, said it plans to expand its product categories, hire tech talent...
Lendingkart ties up with Voonik for easy loans to merchantsVoonik claims it has more than 6,000 merchants selling their products online, with over 7 million registered users and 5 million app downlo...