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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The ₹3 per kg increase in CNG price is the first hike in rates in over four months The ₹3 per kg increase in CNG price is the first hike in rates in over four months The prices of CNG and cooking gas piped to household kitchens in the national capital on October 8 were […]
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The Narendra Modi government was taking away the wealth of people and handing it over to his few friends, Congress leader Rahul Gandhi has said. Speaking at the valedictory session of the Kochi leg of the Bharat Jodo Yatra on Wednesday, Mr. Gandhi said millions of Indians, including farmers, traders, fishermen and petty businessmen, were […]
Continue ReadingThe levy on domestically-produced crude oil too has been increased by ₹300 per tonne to ₹13,300. The levy on domestically-produced crude oil too has been increased by ₹300 per tonne to ₹13,300. The Government has hiked the windfall profit tax on the export of diesel to ₹13.5 per litre and that on jet fuel exports […]
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Airlines will watch for passenger response during the lean months of July-September Airlines will watch for passenger response during the lean months of July-September With the rise in fuel prices, domestic and international airfares have witnessed surge by up to 50% in the past few months, according to data from online portals. A ticket for […]
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Fuel retailers Indian Oil Corporation, BPCL and HPCL have urged customers not to resort to panic buying as sufficient petrol and diesel stocks were available. The appeal came as petroleum dealers continued to complain about not being given adequate supplies on time. The state-run companies, who between them command the lion’s share of fuel sales, […]
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