Page 3 - Diesel

Govt cuts windfall tax on fuel export, raises levy on domestic crude oil

Centre lowers export tax on diesel and ATF; new rates to be effective from Aug 3

Fuel prices today: Check the prices of petrol, diesel in your city

Crude oil prices have been showing an upward trend globally, indicating a slight weakness in the US dollar

The missing link: India's EV revolution is waiting for charging stations

The scarcity and poor viability of charging stations remains a major obstacle to the government's green mobility ambitions

Govt slashes windfall tax on petrol, diesel, ATF as crude oil prices drop

Effective from July 20, Rs 6 a litre tax on petrol export has been completely scrapped

Govt slaps export tax on petrol, diesel; windfall tax on domestic crude oil

The government on Friday slapped a Rs 6 per litre tax on exports of petrol and ATF and Rs 13 per litre on exports of diesel

Biden to call for 3-month suspension of federal gas tax as prices skyrocket

The Democratic president will also call on states to suspend their own gas taxes or provide similar relief, the White House said

Private players seek govt intervention as fuel shortage rises in India

FIPI says companies are suffering a loss of Rs 20-25 a litre on diesel and Rs 14-18 a litre on petrol at present due to the non-revision of prices

Selling diesel at Rs 20-25/ltr loss, petrol at Rs 14-18/ltr loss: Retailers

Selling diesel at Rs 20-25 a litre below cost and petrol at Rs 14-18 per litre below cost, an industry body representing private fuel retailers like Jio-bp and Nayara Energy has told the Oil Ministry

Sri Lanka's economic activity grinds to a halt as fuel supplies run dry

Amidst fuel crisis in Sri Lanka, the government declared Friday a holiday for public offices and schools to curtail vehicular movement, leaving many roads in and around the capital Colombo deserted

ATF prices hiked by 16%, touch new record, as global crude prices soar

The price of aviation turbine fuel (ATF) -- the fuel that helps aeroplanes fly -- has been increased by Rs 19,757.13 per kilolitre, or 16.26%, to Rs 1,41,232.87 per kl (Rs 141.2 per litre) in Delhi

Production of petrol, diesel sufficient to take care of demand surge: Govt

Sufficient supplies of petrol and diesel are being made available to cater to the extra demand, says Ministry of Petroleum & Natural Gas

India's petrol, diesel sales jump in first fortnight of June

Diesel, the most-used fuel in the country, saw sales jumping 47.8 per cent year-on-year to 3.4 million tonnes between June 1-14.

The math goes all wrong for fuel retailers despite sustained oil price hike

Demand destruction led by Covid-19 and the EV push, cutback in retail prices could end up making the business of running fuel stations unviable

Punjab: Opp parties demand cut in VAT on fuel as govt slashes excise duty

The opposition parties on Sunday demanded from the AAP government in Punjab to reduce VAT on fuel after the Union government slashed excise duty on petrol and diesel to give relief to consumers

Kerala, Maharashtra, Raj reduce VAT on fuel after Centre cuts excise duty

Maharashtra, Rajasthan, Kerala have decreased VAT on petrol and diesel after Finance Minister Nirmala Sitharaman's call to provide further relief to consumers following a cut in excise duty by Centre

Maharashtra reduces VAT on petrol by Rs 2.08/ltr, diesel by Rs 1.44/ltr

A day after the Centre reduced excise duty on fuel, the Shiv Sena-led Maharashtra government on Sunday slashed the VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. A statement issued by the government said the state exchequer will have to bear an annual loss of Rs 2,500 crore as a result of this decision. After reducing the VAT on petrol and diesel, the per month revenue from petrol will reduce by Rs 80 crore, while that from diesel by Rs 125 crore. The central government on Saturday announced a record Rs 8 per litre cut in excise duty on petrol and Rs 6 reduction on diesel.

Navankur Infranergy starts mobile fuel station for doorstep diesel delivery

'Booster Diesel' will meet the demand for diesel by various end-users at their doorstep, according to a release

India sends one more consignment of 40,000 MT of diesel to Sri Lanka

India on Thursday said it has delivered one more consignment of 40,000 MT of diesel to Sri Lanka under the Indian credit line to help ease the acute power crisis in the island nation.

India's fuel sales fall in April first half after record rise in prices

Petrol sales fell almost 10 per cent in the first half of April when compared with the same period in the preceding month, while diesel demand slid 15.6 per cent

How the Congress was served a free hit and it missed the ball completely

The free hit opportunity is inflation because retail inflation is in its third consecutive month above the RBI's upper comfort limit of 6%.