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File photo for representational purposes only. | Photo Credit: Reuters India has lowered windfall taxes on exports of petrol, diesel and aviation turbine fuel (ATF) with immediate effect, according to a government order issued late on Wednesday (September 16, 2026). The duty on diesel exports has been cut to ₹20 per litre from 25 earlier….
Read More “Govt. cuts windfall tax on export of petrol, diesel and ATF” »
The Commission for Air Quality Management in National Capital Region and Adjoining Areas (CAQM) on Wednesday announced a phased ban on the registration of new petrol, diesel and CNG light goods vehicles (LGVs) in Delhi and the wider National Capital Region (NCR) from next year. According to its order, the CAQM has prohibited the registration…
The story so far: Opposition leaders such as Rahul Gandhi and Arvind Kejriwal have launched campaigns against E20 saying it harms vehicles and that the government is forcing it on people. Mr. Kejriwal alleged that India has “yielded” to pressure from U.S. President Donald Trump to buy ethanol from the United States. What is the…
Union Minister Hardeep Singh Puri elaborated that the retail fuels presently being sold in pumps were derived from crude oil that was purchased months in advance. | Photo Credit: ANI Prices of petrol and diesel will come down only after the crude oil, which is currently cheaper, reaches Indian shores and refiners, Union Petroleum Minister…
Image for representational purposes only. | Photo Credit: Sushil Kumar Verma Consumption of petrol and diesel increased 7% and 5.52% respectively in June this year on a year-over-year basis whilst that of aviation turbine fuel (ATF) dipped marginally by 0.6%, according to latest provisional data from the Petroleum Planning and Analysis Cell (PPAC). June was…
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Representational image only. File Profitability at State-run oil marketing companies (OMCs) is set to improve as falling crude oil prices lift fuel marketing margins, although rising debt levels and uncertainty over fuel taxes could limit the sector’s longer-term earnings outlook, according to a JP Morgan report. “Composite margins on petrol and diesel sales at State-run…
Read More “Petrol, diesel margins back above pre-conflict levels: Report” »
Trade and industry are bracing for tough times ahead, as the decision of State-owned oil companies to raise fuel prices for the fourth time in 10 days (file image) | Photo Credit: SUDHAKARA JAIN Trade and industry are bracing for tough times ahead, as the decision of State-owned oil companies to raise fuel prices for…
Workers fill fuel in scooties at a Petrol Pump, amid the fuel price hike, in Guwahati. File. | Photo Credit: ANI Prices of petrol and diesel were hiked for the fourth time in a span of ten days on Monday (May 25, 2026) with the latest being at a comparatively steeper ₹2.7 to ₹2.8 per litre…
Workers fill fuel in scooties at a Petrol Pump, amid the fuel price hike, in Guwahati. File. | Photo Credit: ANI Prices of petrol and diesel were hiked for the fourth time in a span of 10 days, on Monday (May 25, 2026), this time by an average of ₹2.80 paise per litre across the…
Read More “Petrol, diesel prices hiked for fourth time in 10 days; latest by about ₹2.80” »
Representational file image. | Photo Credit: J. ALLEN EGENUSE Oil-marketing companies raised the prices of petrol and diesel for the third time in eight days on Saturday (May 23, 2026). Prices were hiked by an average 90 paise per litre across all variants. This was the third such increase this month following the ₹3 upward…
Read More “Petrol, diesel prices by 87-91 paise per litre; third hike this month” »