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, […]
Continue Reading.JPG "India’s October fuel demand rises 3.4% year-on-year")
India’s fuel consumption, a proxy for oil demand, rose 3.4% year-on-year in October to 18.37 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the Oil Ministry showed on Monday. Sales of gasoline, or petrol, were 8.8% at 2.99 million tonnes. Cooking gas or liquefied petroleum gas (LPG) sales decreased 3.3% to […]
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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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The Delhi Transport Department has asked all fuel stations in the Capital to do business only with those vehicles which have valid Pollution Under Control (PUC) certificates starting October 25. A notice to this effect was issued by the Transport Department here on Wednesday. The measure, which was announced by the Delhi government in late […]
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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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In a Facebook post, former Congress president Rahul Gandhi slammed the ruling BJP government for its “policy bankruptcy” and lack of answers in the face of rising inflation, falling income, and job losses. In a Facebook post, former Congress president Rahul Gandhi slammed the ruling BJP government for its “policy bankruptcy” and lack of answers […]
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