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Fuel
Business  /  Published 19.08.22

Diesel windfall tax raised

The Centre on Thursday hiked the windfall profit tax on the export of diesel and brought back the tax on aviation turbine fuel but slashed the levy on domestically produced crude oil in line with soft...
By Our Special Correspondent in New Delhi

Business  /  Published 18.08.22

Profit tax on diesel export hiked

The government on Thursday hiked the windfall profit tax on the export of diesel to Rs 7 per litre and brought back a tax on jet fuel exports, but slashed the levy on domestically produced crude oil i...
By PTI in New Delhi

News  /  Published 18.08.22

A pollution-control prescription for Kolkata

Shift to green fuel, effective implementation of pollution plans and a ban on waste burning are some of the recommendations by experts to improve Kolkata’s alarming air quality. Environmentalis...
By The Plurals News Network

Business  /  Published 18.08.22

Oil at 6-month low; petrol at breakeven

International oil prices have hit a six-month low, helping Indian fuel retailers breakeven on petrol but they continue to lose money on diesel - the most used fuel in the country, officials said. The...
By PTI in New Delhi

Business  /  Published 16.08.22

Fuel demand continues to fall

Diesel demand in India fell for the second month in a row as the onset of monsoon chipped away consumption in key sectors like agriculture, preliminary industry data showed Tuesday. Petrol and diesel...
By PTI in New Delhi

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Business  /  Published 14.08.22

Reliance, Nayara face windfall profit tax

The just-introduced tax on windfall energy profits of oil refiners like Reliance Industries is not only levied on the diesel they export but also on the supplies they make to fuel retailers within Ind...
By PTI in New Delhi

Business  /  Published 10.08.22

Domestic airfare caps to be removed

ATF prices have been coming down during the last few weeks after jumping to record levels, primarily due to the Russia-Ukraine war that began on February 24. On August 1, the price of ATF in Delhi wa...
By PTI in New Delhi

Business  /  Published 10.08.22

Airfare cap review tied to ATF price

The government will certainly re-evaluate the fare cap in place for domestic airlines once there is a healthier environment in terms of jet fuel prices, according to civil aviation minister Jyotiradit...
By PTI in New Delhi

India  /  Published 08.08.22

Non-fossil fuels: LS passes bill

Lok Sabha on Monday passed a bill seeking to promote the use of non-fossil fuels, including ethanol, green hydrogen and biomass. The bill is also aimed at helping the country achieve its internationa...
By PTI in New Delhi

Business  /  Published 07.08.22

HPCL, BPCL suffer heavy loss

HPCL’s revenue from the sale of products soared to Rs 1.21 lakh crore in the first quarter of the current fiscal year from Rs 77,308.53 crore a year back. This is mostly because of higher intern...
By Our Special Correspondent in New Delhi


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