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CENTRAL EXCISE DUTY
Govt raises nearly Rs 20,000 crore through disinvestment, asset sales as West Asia conflict swells subsidy burdenThe Centre has raised nearly Rs 20,000 crore through stake sales and asset monetisation in the first two months of this financial year. Thi...- Strong consumption keeps growth steady amid Iran war cost concernsIndia's economy shows steady growth driven by domestic demand. The West Asia conflict presents challenges like higher oil prices. The gover...
- Petrol, Diesel Price today: Check fuel rates in Delhi, Mumbai, Lucknow, Bhubaneswar and other citiesToday Petrol, Diesel Price June 9: Fuel prices in India remain at their highest since May 2022, with petrol and diesel seeing cumulative hi...
- Andhra Cabinet gives nod to 34 proposals; boosts aviation, irrigation, industrial developmentThe Andhra Pradesh Cabinet approved 34 proposals, including a new aviation policy, organ transplantation law, and revised funding for the P...
- Petrol, Diesel price changed today on June 2? Check fuel rates in Delhi, Mumbai, Chennai, Gurgaon and other citiesPetrol, Diesel price today (June 2): Petrol and diesel prices remained stable nationwide on Tuesday, June 2, 2026, despite recent increases...
- RBI's dividend gives Govt fiscal breathing space amid crude oil pressures: Kotak Securities Anindya BanerjeeThe Reserve Bank of India's (RBI) record dividend payout of Rs 2.87 lakh crore is expected to directly repair the government's balance shee...
- Behind the petrol pump: Why fuel retailers losing Rs 7-8 per litre need $85 crude oil to stop bleeding cashOil companies face continued losses of Rs 7-8 per litre on petrol and diesel, with a breakeven point only at crude prices of $85-87 a barre...
- CNG prices increase to Rs 83.09 per kg, Delhi commuters worried as travel "No longer pocket-friendly"CNG prices have risen again in Delhi and Mumbai. This is the fourth increase in less than 15 days. Commuters are finding fuel costs higher....
- RBI unlikely to hike rates soon despite inflation risk, rate action only in Dec if needed: Icra's Aditi NayarThe Reserve Bank of India is expected to hold off on interest rate hikes. Inflation risks are rising due to fuel prices and monsoon uncerta...
- Govt gives up Rs 14,000 crore in tax revenue after excise duty cut on petrol and diesel: Petroleum MinistryThe Indian government has sacrificed nearly Rs 14,000 crore in tax revenue by lowering excise duty on petrol and diesel. This move aims to ...
- RBI dividend provides fiscal buffer, but inflation risks loom large: Kanika Pasricha, Union BankThe Reserve Bank of India's dividend payout provides a small fiscal buffer. However, government finances face pressure from fuel excise cut...
- Congress calls fuel hikes "silent tax on households", accuses govt of "corporate protection racket"Fuel prices have risen for the fourth time in ten days. Congress leaders condemn these increases as a silent tax on Indian households. They...
- Leadership crisis, 'loot' in BJP govt: Kharge attacks after 3rd fuel price hikeFuel prices have surged for the third time in eight days. Congress leader Mallikarjun Kharge criticizes the government, accusing it of "loo...
- NEET leak: If PM respects parliamentary committees, then he must remove Pradhan, says DigvijayaCongress MP Digvijaya Singh has demanded the resignation of Union Education Minister Dharmendra Pradhan. This comes after the NEET-UG 2026 ...
- Limited price raise shows how much of global hit govt has absorbed: GoyalPiyush Goyal stated the government absorbed global oil price hikes by cutting excise duty. He highlighted significant fertiliser subsidies ...
- Petrol, diesel price hike in India a matter of time if Middle East conflict persists: RBI Governor Sanjay MalhotraIndia faces potential retail fuel price hikes if the Middle East conflict persists. RBI Governor Sanjay Malhotra indicated this possibility...
- Observe and shock absorb: To ride out this oil crisis, focus should be on well-targeted support, not broad price suppressionIndia is navigating a critical oil import challenge. The government's approach of keeping fuel prices steady faces fiscal and equity questi...
- ADB warns Asian economies against broad fuel subsidies, tax cuts amid oil price risksThe Asian Development Bank advised Asian economies to avoid broad fuel subsidies and excise duty cuts, warning they could strain public fin...
- Petrol price today 3 May 2026: Check latest rates in Delhi, Mumbai, Chennai, Kolkata and BengaluruPetrol price today :Indian petrol prices change daily. This dynamic pricing depends on global crude oil costs, the rupee's value against th...
- Petrol, Diesel Prices Today (May 2): Check fuel rates in Delhi, Mumbai, Kolkata as govt sources hint at a hike amid West Asia conflictPetrol, Diesel Prices Today: Fuel prices remain steady today, May 2, 2026, despite global oil market turmoil. While commercial LPG saw a si...
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