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RBI unlikely to cut interest rate in 2024, food inflation to be deciding factor, says SBI chief Setty

T​​​​he US Federal Reserve's first cut in interest rates in more than four years happened today, tr…

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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…

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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   


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A shocking new study has found that EV buyers still have bigger carbon footprints than petrol vehicle owners — here’s why

A Finnish study has revealed that EV owners often have higher carbon footprints due to their wealth…

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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   


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India slashes windfall tax on crude petroleum

The central government has reduced windfall tax on crude petroleum, according to a government notif…

ANI   


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54th GST Council meeting to take place on September 9 in New Delhi

The 54th GST Council meeting took place on September 9, 2024, in New Delhi to address rate rational…

ANI   


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RBI Monetary Policy Meeting: Central Bank likely to keep rates steady

Reserve Bank of India Governor Shaktikanta Das will announce the outcome of the first Monetary Poli…

ANI   


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India's petroleum products demand to increase mid-single-digit percentage in 2023-24: Fitch

India's demand for petroleum products is likely to increase by a mid-single-digit percentage in the…

ANI   


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Explained: What is ethanol blending, impact on environment and challenges faced by India

The Indian government plans to have 20% ethanol blended fuel in India fully in the next two years (…

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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   


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2 mins read

Uber announces a 12% price hike for cab rides in Delhi as petrol, diesel prices skyrocket

Uber India has today announced a price hike in Delhi, keeping in mind the rising fuel prices. The c…

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1 min read

Petrol, diesel prices hiked by 80 paise; total rate hike in the last 9 days stands at ₹5.60

New Delhi, Mar 30 (PTI) Petrol and diesel prices were on Wednesday hiked by 80 paise a litre each, …

PTI   


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Only time will tell how long interest rate will remain high: Shaktikanta Das

Interest rate is likely to remain high for the moment, Reserve Bank Governor Shaktikanta Das said, …

PTI   


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4 mins read

These states in India are paying up to ₹15 extra on petrol compared to other states

The central government recently reduced the prices of petrol by reducing the central excise by ₹8. …

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3 mins read

Indian government has cut duties on petrol and diesel and other BJP-ruled states follow suit

Read more for fall in price of petrol and diesel prices in different states.

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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…

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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…

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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…

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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 …