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4 mins read
Headroom to cut petrol and diesel prices by ₹2-3 per litre: Icra
A reduction in crude oil prices in recent weeks has improved margins on retail auto fuels, providin…
2 mins read
Extreme heat melts diesel demand, sales drop 4% in June
India's diesel demand slumped in June as extreme heat conditions in parts of the country curtailed …
PTI
4 mins read
EV-iction notice: Why are electric vehicle owners switching back to petrol and diesel (ICE) cars?
Despite the largely successful worldwide push for EV adoption, many drivers are thinking about retu…
3 mins read
Budget 2024 Expectations: FAME scheme, aid for vehicle scrapping and other expectations of the auto industry
The auto industry eagerly awaits Budget 2024 with expectations like FAME 3 scheme, incentives for h…
4 mins read
After record profits, state-owned fuel retailers Indian Oil, BPCL and HPCL see profit slump in Q1
IOC, BPCL and HPCL posted up to 90 per cent slump in their June quarter earnings as margins fell an…
PTI
2 mins read
Skoda Kylaq SUV launched in India starting at ₹7.89 lakh
Skoda has announced the launch of its latest SUV, the Skoda Kylaq in India. The Kylaq is the compan…
4 mins read
Oil cos losing close to Rs 3 a litre on diesel, profit on petrol down
State-owned fuel retailers are losing close to Rs 3 per litre on selling diesel while the profit on…
PTI
2 mins read
Gadkari vows to eliminate petrol, diesel vehicles in India, bats for lower tax for hybrid cars
"It is difficult but not impossible. This is my vision," Gadkari said in an interview to PTI. …
PTI
4 mins read
Electrifying auto market: Planning to buy an EV, compare their price with petrol, diesel and CNG variants
Electric Vehicles (EVs) are here to take over the auto market. In the US, this growing trend is clo…
1 min read
India slashes windfall tax on crude petroleum
The central government has reduced windfall tax on crude petroleum, according to a government notif…
ANI
2 mins read
Pakistan's petrol, diesel prices continue to surge amid social unrest
Rupees (PKR) taking the price past 300 PKR, Geo News reported on Friday. The Finance Division said …
ANI
2 mins read
Uber's CEO wants you to ride in an electric car — and is fine if it's made in China
In an interview with the BBC, Uber CEO Dara Khosrowshahi said that EVs made in China would be cruci…
Tom Carter
2 mins read
MRPL swings to profitability on robust refining margins
Mangalore Refinery and Petrochemicals Ltd (MRPL) on Wednesday reported return to profitability in t…
PTI
1 min read
Maruti Suzuki cuts prices of select trims of Alto K10, S-Presso
The Alto K10 range is priced from Rs 3.99 lakh and Rs 5.96 lakh while the S-Presso trims are ta…
PTI
3 mins read
India imported USD 2.8 bn worth of crude oil from Russia in July
India, the world's third largest oil consuming and importing nation, in July bought USD 2.8 billion…
PTI
2 mins read
Auto stocks recover after Gadkari clarifies his '10% additional GST on diesel vehicles' comment
The auto index, Nifty Auto, recovered from its 400 point or approximately 2.5% fall after Union M…
1 min read
ATF price slashed by 2.3 pc to Rs 1.17 lakh per kilolitre
Jet fuel (ATF) price was on Thursday reduced by 2.3 per cent, reflecting softening international oi…
PTI
2 mins read
Tata Altroz Racer hatchback launched in India starting at ₹9.49 lakh
Indian automaker Tata Motors on Friday announced the launch of its new premium hatchback, the Altro…
3 mins read
Petrol and diesel prices hiked for the 12th time in two weeks
Petrol and diesel prices hiked for the 12th time in two weeks by 40 paise per litre. The prices of …
1 min read
Windfall profit tax raised on export of diesel, Jet fuel
This was done after a fortnightly review on Wednesday, a Finance Ministry notification said. …