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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
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…
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
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…
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
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…
India slashes windfall tax on crude petroleum
The central government has reduced windfall tax on crude petroleum, according to a government notif…
ANI
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
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
MRPL swings to profitability on robust refining margins
Mangalore Refinery and Petrochemicals Ltd (MRPL) on Wednesday reported return to profitability in t…
PTI
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
Govt hikes windfall tax on crude petroleum, cuts levy on diesel
The government has hiked windfall tax on domestically produced crude oil to Rs 4,600 per tonne from…
PTI
Windfall profit tax raised on export of diesel, Jet fuel
This was done after a fortnightly review on Wednesday, a Finance Ministry notification said. …
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 …
Gone with the windfall tax: ONGC loses a fifth of its market value
State-run oil and natural gas explorer ONGC lost a fifth of its value in just a week after the Indi…
Petrol and diesel prices hiked for the third time this week in India
The fuel prices have been hiked again this week by 80 paise per litre. Both petrol and diesel price…
Petrol, diesel prices hiked for the ninth time in 10 days
The price of petrol and diesel were hiked again by 80 paise per litre today, March 31, for the nint…
Petrol, diesel prices hiked again in metro cities for the second day in a row
Petrol and diesel prices have increased by 80 paise per litre for the second consecutive day. The p…
How petrol and diesel prices in India are calculated
Price fixing of two of the most essential commodities, petrol and diesel,is a global phenomenon and…
Petrol and diesel prices hiked for the 7th time in 8 days, petrol crosses ₹100 per litre mark in Delhi
Petrol and diesel prices have been increased by 80 paise and 70 paise per litre, respectively, whic…