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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
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
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…
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's petroleum product sales hit seven-month high in December
India's consumption of petroleum products rose to a seven-month high in December to about 20.05 mil…
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
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
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
1 min read
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
2 mins read
Petrol, diesel sales drop in first half of March after hitting record high in February
Petrol sales decreased by 1.4 per cent to 1.22 million tonnes in the first half of March when compa…
PTI
3 mins read
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…
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 …
3 mins read
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…
2 mins read
Levies on on petrol, diesel jump even as crude remains below $80/bbl
The government's revenue generation through levy of excise duty saw a growth of 126 per cent bet…
4 mins read
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…
4 mins read
Simply Put: Will petrol prices in India stabilise anytime soon?
After 9 out of 10 days of fuel price hike, there are high chances that people might be talking a…
2 mins read
Diesel sales jump on agricultural demand
Demand for diesel, the most consumed fuel in the country accounting for about two-fifths of the dem…