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...
02 Jun, 2026, 12.15 AM IST
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,...
01 Jun, 2026, 10.18 PM IST
Commercial LPG cylinder rates on June 1: Prices hiked by Rs 42 in DelhiCommercial LPG price hike: Commercial LPG cylinder prices have risen from June 1. Hotels and restaurants will face higher input costs. Dome...
01 Jun, 2026, 06.50 PM IST
India may have found reliable trade route beyond Strait of Hormuz with Oman trade dealIndia's new trade pact with Oman, effective June 1, offers strategic importance beyond trade. Oman's location outside the Strait of Hormuz ...
01 Jun, 2026, 11.33 AM IST
Shivraj Chouhan to launch 'Khet Bachao Abhiyan' on June 1 as Govt reviews fertiliser, fuel stocks amid West Asia crisisUnion Agriculture Minister Shivraj Singh Chouhan launches Khet Bachao Abhiyan nationwide from June 1. The campaign aims to reduce excessive...
31 May, 2026, 02.57 PM IST
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...
31 May, 2026, 06.41 AM IST
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 ...
30 May, 2026, 11.42 PM IST
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...
27 May, 2026, 10.36 AM IST
Petrol, diesel prices hiked by Rs 7.5 per litre since Iran war: Here’s how it will impact your daily lifeFuel prices are rising again, making travel and goods more expensive. This impacts transporters, supply chains, and household budgets. Oil ...
26 May, 2026, 11.54 AM IST
Government forwent Rs 1 lakh crore via excise duty cuts to shield consumers from fuel inflation: FMIndia's Finance Minister Nirmala Sitharaman explains recent fuel price increases are market-driven by oil companies. She noted the governme...
25 May, 2026, 08.17 PM IST
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 ...
25 May, 2026, 06.21 PM IST
West Asia crisis not a diplomatic issue, will lead to higher fuel costs for common man: Finance Minister Nirmala SitharamanFuel prices have risen again. Union Finance Minister Nirmala Sitharaman highlighted the West Asia crisis impact. She stated this crisis mea...
25 May, 2026, 03.55 PM IST
India considering steps to control CAD amid Rupee, export pressure: Piyush GoyalIndia is actively exploring ways to manage its current account deficit and the weakening rupee. The government is monitoring the global eco...
22 May, 2026, 05.30 AM IST
Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
20 May, 2026, 05.16 PM IST
Fuel price hike may push inflation up by 20 bps, say expertsFuel prices have risen, potentially pushing retail inflation up by 0.15 to 0.20 percentage points. Experts warn this could lead to wider pr...
16 May, 2026, 07.21 AM IST
Petrol exports to attract ₹3/litre excise dutyNew Delhi is shaking up its energy export policy with the introduction of a specialized excise duty on petrol exports. Meanwhile, the gover...
16 May, 2026, 12.50 AM IST
Govt imposes ₹3/litre windfall tax on petrol exports; cuts diesel, ATF leviesThe government has introduced a windfall gains tax of Rs 3 per litre on petrol exports. Levies on diesel exports are now Rs 16.5 per litre,...
15 May, 2026, 11.16 PM IST