Tag: fuel price

India expects fuel demand to grow 4.7% in the next fiscal year

India expects fuel demand to grow 4.7% in the next fiscal year

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Image for representational purpose only. | Photo Credit: The Hindu India’s fuel demand is likely to grow 4.7% in the next fiscal year beginning on April 1, initial government estimates showed. Fuel consumption in 2023-24, a proxy for oil demand, could rise to 233.8 million tonnes from the revised estimate of 222.9 million tonnes for […]

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With rupee nearing 80 to a dollar, govt. raises gold import duties to 15%

With rupee nearing 80 to a dollar, govt. raises gold import duties to 15%

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In a bid to curb a surge in gold imports and check windfall profits being made by crude petroleum producers, the Government has raised the import duty on the yellow metal from 10.75% to 15% and levied fresh taxes on the export of petrol, fuel and ATF as well as the domestic sale of crude […]

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