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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…
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
India slashes windfall tax on crude petroleum
The central government has reduced windfall tax on crude petroleum, according to a government notif…
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
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…
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
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…
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…
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
India's oil import bill could swell to $101-104 billion in FY25: ICRA
As per ICRA's calculations, a $10/barrel uptick in the average crude oil price for this fis…
PTI
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
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…
Constrained milk, wheat supplies amid volatile crude market raise inflation concern in India
Constrained supplies of milk and wheat, coupled with a volatile international crude oil market with…
ANI
Here’s a diesel variant that can not only save ₹1 lakh a year but can also help clean your engine
Jio-bp has launched a high octane diesel variant in India that promises to improve fuel economy and…
Govt hikes windfall tax on domestic crude, reduces levy on export of diesel
As per the Gazette of India, the Ministry of Finance, Department of Revenue, issued two notificatio…
ANI
Mercedes-Benz GLE Facelift – Here’s what the luxury SUV packs at ₹96.4 lakh
German automaker Mercedes-Benz has today launched the 2023 Mercedes-Benz GLE in India. It is the co…
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…
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 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 …
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…