Business  /  Published 31.07.22

IOC sold petrol at Rs 10 a litre loss

Indian Oil Corporation sold petrol at a loss of Rs 10 per litre and diesel at Rs 14 a litre during April-June, leading to the firm reporting its first quarterly net loss in over two years, a report sa...
By PTI in New Delhi

News  /  Published 20.07.22

Rowing clubs seek nod for petrol rescue boats at Rabindra Sarobar

“We have received the letter. We will forward the same to the NGT,” said an official of the KMDA. The letter follows a meeting between club officials, police and KMDA on July 15. After t...
By Debraj Mitra, Subhajoy Roy in Kolkata

India  /  Published 17.07.22

India's fuel demand falls

India's demand for petrol and diesel fell in the first half of July over the previous month as the onset of monsoon chipped away consumption in some sectors and restricted mobility, preliminary in...
By Our Bureau, PTI in New Delhi

Business  /  Published 13.07.22

Windfall tax review on oil retailers likely

A massive crash in refining margins of diesel, petrol and ATF coinciding with a cool-off in crude oil prices from their peaks in June has diminished the super-profits of refiners, a report said on Wed...
By Our Bureau, PTI in New Delhi

World  /  Published 04.07.22

Lanka struggles on fuel

Sri Lanka is struggling to raise $587 million to pay for about half a dozen fuel shipments, a top minister said on Sunday as the cash-strapped country tries to cope with its worst financial crisis in ...
By Reuters in Colombo


Business  /  Published 02.07.22

Tax axe on refiners, export levy on fuels

“It is not to discourage exports, it is not to discourage India as a refining hub. It is certainly not against profit earning, but extraordinary times do require some such steps,” Sitharam...
By Our Special Correspondent in New Delhi

Business  /  Published 01.07.22

Govt slaps tax on oil exports

The government on Friday slapped an export tax on petrol, diesel and jet fuel (ATF) shipped overseas by firms like Reliance Industries Ltd, and imposed a windfall tax on crude oil produced locally by ...
By Our Bureau, PTI in New Delhi

Business  /  Published 20.06.22

Private fuel retailers miffed

Selling diesel at Rs 20-25 a litre below cost and petrol at Rs 14-18 per litre below cost, as a result of a price freeze despite soaring crude rates is unsustainable, an industry body representing pri...
By PTI in New Delhi

World  /  Published 31.05.22

Lanka: India sends 40,000 MT of diesel

India on Tuesday said it has delivered one more consignment of 40,000 metric tonnes of diesel to Sri Lanka to help ease the acute fuel shortage in the debt-ridden island nation which is grappling with...
By Our Bureau, PTI in Colombo

News  /  Published 28.05.22

Brakes on rowing at Rabindra Sarobar, wait for standard operating procedure

Rowing in the Rabindra Sarobar in south Kolkata, where two teenage rowers drowned during a storm last Saturday, will be suspended till police draw up a standard operating procedure in consultation wit...
By Debraj Mitra, Subhajoy Roy and Monalisa Chaudhuri in Kolkata


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