Representational file image. | Photo Credit: A.M. FARUQUI The Centre is ready for bringing petrol and diesel under the GST regime but it is unlikely that the states will agree to such a move, Petroleum and Natural Gas Minister Hardeep Singh Puri said on November 14. “For bringing the petrol and diesel under the GST, […]
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Hindustan Petroleum Corporation Ltd (HPCL) on November 3 reported a second straight quarterly loss as it held prices of petrol, diesel and LPG despite rising costs. The company registered a net loss of ₹2,475.69 crore in July-September, according to a company’s filing with the stock exchanges. HPCL had posted ₹1,918.89 crore net profit in the […]
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While petrol consumption is almost flat in the first half of August, diesel, the most widely used fuel in the country, saw demand drop 11.2% during August 1-15 While petrol consumption is almost flat in the first half of August, diesel, the most widely used fuel in the country, saw demand drop 11.2% during August […]
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LPG price increased only by 41.5% while Saudi Contract Price had increased by 207% from 2020 to 2022: Minister LPG price increased only by 41.5% while Saudi Contract Price had increased by 207% from 2020 to 2022: Minister The profits of oil marketing companies has increased manifold, according an answer tabled in Rajya Sabha by […]
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Diesel saw sales jumping 35.2% year-on-year, while petrol sales by state-owned fuel retailers, which control roughly 90% of the market, were 29% higher in June than the same period last year Diesel saw sales jumping 35.2% year-on-year, while petrol sales by state-owned fuel retailers, which control roughly 90% of the market, were 29% higher in […]
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A ₹6 per litre tax on export of petrol and ATF and ₹13 per litre tax on export of diesel is effective from July 1. A ₹6 per litre tax on export of petrol and ATF and ₹13 per litre tax on export of diesel is effective from July 1. Finance Minister Nirmala Sitharaman on […]
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