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FUEL RETAILERS COMPENSATION
Iran war fallout: Fuel use drops 6.5% in May; experts see warning signs for economyIndia's demand for transportation fuels and petroleum products is declining due to supply disruptions and higher prices stemming from the I...- Indian economy, government finances, see mounting costs from Iran warIndia's economy, once humming with benign inflation and steady growth, now faces mounting costs from the Iran war. As a major oil importer,...
- LPG Prices Hiked: Domestic cooking gas rates increased by Rs 29 per cylinder; Here's what consumers will now payLPG Price Today: Domestic LPG cylinder prices have been increased by Rs 29, taking the cost of a 14.2-kg cylinder in Delhi to Rs 942 with e...
- "What kind of India do they want?": Congress questions PM Modi's leadership; claims every section of society being "destroyed"The Indian National Congress leader Mallikarjun Kharge and Leader of Oppositon Rahul Gandhi launched a strong attack against Prime Minister...
- Banks are cutting credit card perks quietly; Learn how to get more value from your walletMany banks have recently reduced credit card rewards, cashback limits, and perks, prompting cardholders to reassess their spending strategi...
- Tesla launches 2026 Model Y Premium in India at Rs 50.89 lakh with upgraded featuresTesla introduces the 2026 Model Y Premium Rear-Wheel Drive in India. This new variant features an all-black interior and a larger touchscre...
- Nayara rolls out relief for dealers amid retail painThe support is aimed at partially offsetting operational expenses and revenue losses faced by retailers. Explaining the mechanism, a dealer...
- 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...
- Oil cos keep bleeding, on slippery slope with Rs 600-cr loss per day despite multiple petrol, diesel price hikesPetrol, diesel price hike: Despite the latest round of increases, officials acknowledged that current retail prices are still insufficient ...
- Bulk buyers shifting to retail pumps behind fuel demand spike in parts of IndiaFuel demand is rising at some Indian petrol pumps. Bulk diesel buyers are switching to retail outlets due to a large price gap. This is cau...
- Delhi Chakka Jam live updates: Why drivers are on strike today in NCR; Check areas affected in Delhi, Noida, Gurugram, Ghaziabad and NCRDelhi Chakka Jam News: A three-day transport strike has started today across Delhi-NCR. Commercial vehicle drivers are protesting rising fu...
- Rs 10.9 lakh crore burden: Iran shock can take a load off India's backRising oil prices triggered by the Iran conflict are pushing India to accelerate its shift away from fossil fuels, with the government fast...
- Ready to flex ethanol muscle, E100 gets road map to cut oil importsIndia is set to boost E100 flex fuel availability with 5,000 dispensing stations planned within two years. This initiative aims to signific...
- Global Market: China’s April growth slows sharply as consumption, factory output weakenChina's economy shows signs of slowing down. Industrial output, retail sales, and investment activity weakened in April. This slowdown is l...
- Fuel price hike may become inevitable amid rising crude stress: MK SuranaIndia's oil marketing companies face escalating under-recoveries due to persistent crude oil supply disruptions and an uncertain global mar...
- India will need to see how long fuel retailers can bear losses, oil minister saysIndia's oil minister highlighted the need to address state-run fuel retailers' mounting losses from selling petrol and diesel below market ...
- India’s fuel resilience amid global oil turmoilThe article describes India’s economy as “resilient” amid the West Asia crisis, highlighting the country’s ability to maintain stable fuel ...
- Petrol-diesel price hike coming soon? Why IMF says it mustSpeculation mounts over potential petrol and diesel price hikes as assembly elections conclude, despite government assurances. The IMF urge...
- India has no plans for financial support for fuel retailers, official saysIndia will not compensate state-run fuel retailers for losses incurred by selling transport fuels below market prices. While companies have...
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