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Government may lift fuel-supply safeguards once West Asia crisis abates: OfficialIndia plans to ease emergency energy measures as global tensions subside. These steps were taken to ensure fuel availability amid West Asia...- India to allow import of 3.78 lakh UK cars at concessional duty in first 15 years of trade pactIndia will allow imports of up to 3.78 lakh conventional-engine passenger cars from the UK at concessional duties under a new trade pact st...
- UK inflation unexpectedly sticks at 13-month low before BoE rate decisionUK inflation remained steady at 2.8% in May, surprising economists and the Bank of England. This data influenced currency markets, with Ste...
- School assembly news headlines for June 17: Top national, international, business, sports update and thought of the dayToday's school assembly news covers significant national developments including new prescription mandates for medicinal syrups and ISRO's u...
- Oil prices to ease after US-Iran deal, but return to pre-war levels could take months: AnalystsEnergy markets anticipate price moderation for crude oil and liquefied natural gas. A potential US-Iran peace agreement and the reopening o...
- India hikes diesel, ATF export levies from June 16India has increased the windfall tax on diesel and aviation fuel exports. The special additional excise duty on diesel exports will now be ...
- Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce dealA "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil...
- Higher ethanol mix tax cut a good driveIndia is rolling out incentives for petrol mixed with higher ethanol percentages, marking a significant step in its commitment to bolster e...
- India is set to rewrite its oil destiny, moving from risk to leverageIn a landmark agreement, India is teaming up with the UAE to significantly increase its oil reserves, transitioning into a strategic player...
- 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...
- China's global ecommerce push stalls as Iran war lifts costs, dampens demandThe business models, based on flying $5 dresses from Chinese factories to shoppers around the world, were already under pressure after U.S....
- Sleep on thisIn an ironic twist, a recent trade pact transforms ambitions into dilemmas, leaving society fatigued. Economic indicators show growth, iron...
- Maruti Suzuki launches India's first flex-fuel car, bets on biofuels to boost energy securityMaruti Suzuki has launched India's first flex-fuel passenger car, the Wagon R. This move aims to significantly cut crude oil imports and lo...
- 'India to pilot hydrogen buses, trucks on 10 roads; Reliance, Tata, NTPC among partners,' says Nitin GadkariIndia is launching a pilot project for hydrogen-powered buses and trucks on ten roads. Major companies like Reliance and Tata are partnerin...
- India's fuel exports fall to lowest since 2022 amid refinery maintenance, domestic demandIndia's refined fuel exports dropped significantly in May, reaching their lowest point since October 2022. Refinery maintenance, particular...
- War shifts 80% of India's diesel exports to AfricaIndia's diesel exports saw a significant shift in May. Africa became the primary destination, absorbing over 80% of shipments. This change ...
- Fuel duty cuts can power export hikeIndia's fuel exports are set to rise following export duty cuts. This move aims to restore shipments to Europe and West Asia. High crude oi...
- Jet fuel under-recovery at Rs 30/Litre, LPG demand managed: Govt as fuel sales surge 30% in MayDomestic jet fuel prices continue to track international markets with under-recovery of around Rs 30 per litre, the government said Monday,...
- India cuts export duties on petrol, diesel and aviation turbine fuelIndia will reduce its export duties on petrol, diesel, and aviation turbine fuel (ATF) starting June 1. The new rates are 1.5 rupees per li...
- Government revises windfall tax on fuel exports from June 1New windfall tax rates on fuel exports take effect from June 1, 2026. Taxes are back on diesel and aviation turbine fuel after a period of ...
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