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PETROL DIESEL DUTY RATES
Govt revises windfall gains tax for petrol and diesel exportsThe central government has increased the windfall tax on petrol exports to Rs 2.5 per litre. Simultaneously, the windfall tax on diesel has...- Government cuts duty drawback rates on gold, silver jewellery exportsThe government has announced a reduction in duty drawback rates for gold and silver jewellery exports. The rates for gold jewellery have de...
- ‘Could sell 3,000 more EVs a month’ if supply constraints ease: MahindraMahindra & Mahindra reported strong demand for its electric vehicles, which may reach 10,000 to 11,000 units monthly. Current production ca...
- Govt may raise fuel prices in November, top economist saysThe government is considering a fuel price hike in November as a strategic move before state elections. Inflation is projected to rise sign...
- Tug-of-War: States asked to waive stamp duty on road projectsThe road transport and highways ministry is recommending that states eliminate stamp duties on highways. States argue that linking stamp du...
- India continues to advocate for stability in global energy market as US announces diesel deal with RussiaIndia's Ministry of External Affairs has reiterated its call for stability in global energy markets. Concerns were communicated to the US r...
- US CPI inflation rises as Iran war drives up fuel prices: How higher petrol and diesel costs could hit American householdsAmerican households are facing increased inflation and rising fuel prices just weeks before the midterm elections. Consumer prices rose une...
- India to roll out BS-VII emission norms for vehicles from April 2029 in 3 phases: ReportThe government is preparing to implement BS-VII emission standards, which align with Euro 7 norms, starting in April 2029. These standards ...
- India EV penetration may cross 10% by year-end, says JSW MG Motor executiveElectric vehicles are expected to capture more than 10% of passenger vehicle sales in India by the year's end. Factors such as new models, ...
- Devil's in the diesel, get E-truckin'To wean India off its crude oil addiction or make any structural dent to air pollution, electrifying our freight fleets are a no-brainer. N...
- Russian strikes put Trump's energy ceasefire in doubtTrump announced the purported ceasefire days after unveiling a deal to buy diesel from Russia, which Zelenskyy criticised as a reversal of ...
- Global Market: Goldman Sachs raises December Brent oil price forecast to $90 on supply risksGoldman Sachs has raised its December 2026 Brent crude price forecast to $90 per barrel, citing supply risks in the Middle East. While 2027...
- MP & former FS Shringla highlights significance of Russian oil supplies in interests of India’s 1.4 billion people & keeping global energy prices under controlHarsh Vardhan Shringla has defended India’s Russian oil imports, warning that stopping purchases could push up global energy prices and und...
- Indian oil manager killed while sealing pump; Employees seek safety measuresAn Indian Oil retail sales manager was allegedly killed in Maharashtra while trying to seal a petrol pump that had remained dysfunctional d...
- Nayara Energy raises petrol price by Rs 5, diesel by Rs 3Nayara Energy has raised petrol prices by Rs 5 a litre and diesel by Rs 3 across its more than 7,000 fuel stations as higher crude and refi...
- India’s fuel demand splits in September as petrol, diesel rise and LPG fallsPetrol and diesel sales increased in September by 7.2% and 4.9% year-on-year, respectively. The rise in petrol consumption was supported by...
- Commercial LPG cylinder price hiked by Rs 62.50 in Delhi, ATF costlier by Rs 16 ahead of festive seasonFrom October 1, the price of a 19-kg commercial LPG cylinder in Delhi increased to Rs 2,810. This rise of Rs 62.50 marks a 2.3 percent incr...
- Centre cuts windfall tax on diesel, ATF exports from October 1The Centre has decreased the windfall tax on diesel exports to ₹16 per litre and ATF exports to ₹10.5. This decision, effective from Octobe...
- Crude surged. Why didn’t India’s petrol prices?As the West Asia conflict drove up oil costs, India kept a much larger rise from reaching the pump. This explainer dives into how protectio...
- Cheaper at pumps, costlier in bulk: Jio-bp, Nayara cap diesel sales; PSUs may follow: ReportJio-bp and Nayara Energy have capped diesel purchases at their petrol pumps as industrial and bulk buyers shift to cheaper retail fuel, wid...
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