Cigarette prices jump as new excise regime kicks in, stoking smuggling fearsCigarette prices have significantly increased following a new excise duty. This tax hike, the first in seven years, aims to align India's t...
02 Feb, 2026, 12.09 PM IST
India's EV market has potential to reach Rs 20 lakh crore by 2030: Nitin GadkariUnion Road Transport and Highways Minister Nitin Gadkari, on Thursday, said that the electric vehicle (EV) market will grow to a total valu...
04 Dec, 2025, 02.23 PM IST
Frequent tinkering of windfall tax creates uncertainty: Experts"Though certainly tinkering these rates frequently creates its own uncertainty, however considering the high level of prices (crude prices ...
04 Aug, 2022, 10.54 AM IST
Central govt's reduction in fuel prices only a 'mockery': CPI(M)The party also condemned the decision of the central government not to procure paddy at minimum support prices (MSP) from certain states an...
14 Nov, 2021, 07.29 PM IST
View: Transition from fossil fuels in India is a matter of politics, communities, federalism & jobsThe good news is that this rapid transition is technologically feasible, and the market is now willing and ready to switch to non-fossil al...
11 Aug, 2021, 11.30 AM IST
Government mopped up 80 percent more from fuel cess in 2020-21 than it estimatedAccording to the budget documents, the receipts on this account increased to nearly Rs 2.3 lakh crore in the revised estimates compared to ...
04 Feb, 2021, 10.33 AM IST
ONGC asks govt to waive cess, royalty as plummeting oil prices not enough to cover operating costWhile the slump in international oil prices to more than two-decade low is good news for fuel consumers, it is spelling economic havoc on o...
22 Apr, 2020, 02.30 PM IST
Diesel vehicles may be registered on payment of green cess: SC"We are inclined to allow registration. We are open to the registration subject to some kind of one-time cess," a bench comprising Chief Ju...
29 Jun, 2016, 07.17 PM IST
- Budget 2012: ONGC set to take Rs 5,000-crore hit on crude oil cess
ONGC will be among the biggest losers from the budget 2012 proposals. It will take a hit of up to Rs 5,000 cr proposal to raise the cess on...
20 Mar, 2012, 03.11 AM IST
- Union Budget 2012-13: Fuel speed ahead as govt steers clear of petrol bomb
Among fuels, petrol will be first off the block. The hike may come as soon as Parliament goes into recess on March 30.
17 Mar, 2012, 10.24 AM IST
Union Budget 2012-13: Hats off to FM for not yielding to populismPopulism was expected. But tofinance minister's credit he has not succumbed to the temptation. And that is a big positive from the market's...
17 Mar, 2012, 05.39 AM IST
- Union Budget 2012-13: What it means for oil, power, aviation industries
Customs duty on LNG has been abolished and viability-gap funding would be provided for pipelines and storage facilities for oil and gas. Pr...
17 Mar, 2012, 02.35 AM IST
- Budget 2012 hikes cash subsidy for state-owned oil firms
Government has hiked the cash subsidy it will pay to state-owned oil firms for selling fuel below cost in current fiscal to Rs 65,000 crore...
16 Mar, 2012, 10.08 PM IST
- Budget 2012: Oil & gas sector witnessed specific emphasis - Ernst & Young
The Excise duty structure for most petroleum products has been rationalized, with an ad valorem levy of duty at the rate of 14% on most pro...
16 Mar, 2012, 07.17 PM IST
Railway Budget 2012: Possibility of fare hike remoteThe Rail Budget to be presented on March 14 may continue with the practice of not raising the fares and freight rates.
14 Mar, 2012, 10.27 AM IST
- CPM to bring cut motion on prices
CPM polit bureau on Thursday reaffirmed its resolve to move cut motions when the budget is taken up for discussion in the Lok Sabha.
26 Mar, 2010, 05.08 AM IST
- Airlines see ATF, cess cut
The New Year may ring in some good news for budget fliers who have been troubled by constant hikes in fuel surcharge levied by domestic car...
25 Dec, 2007, 01.03 PM IST