Auto fuels today maintain almost the same price levels at pumps that was existing on March 14, when govt raised the excise duty on petrol and diesel by ₹3 a litre on the back of a single day over 30% fall in crude to $35 a barrel
2 min read25 Apr 2020IMF says negative effects of higher oil prices on domestic demand and monetary policy tightening by RBI were the key reasons for its downward revision of growth forecasts
1 min read18 Jul 2018Since the Karnataka elections, petrol price has risen by 69 paisa/ per litre, taking the rate to Rs75.32 in Delhi. Diesel is costlier by 86 paisa per litre and war retailing at Rs66.79 a litre
1 min read17 May 2018The government consulted Indian Oil, Bharat Petroleum, Reliance Industries, Hindustan Petroleum, and Essar Oil before submitting the affidavit in court
2 min read1 May 2018State-owned oil firms, which have been since June last year revising auto fuel prices daily, on Sunday raised petrol and diesel rates by 19 paisa per litre each in Delhi, according to a price notification
2 min read23 Apr 2018Supreme Court proposes the possibility of introducing BS-VI auto fuels across 13 leading metros by 1 April
1 min read26 Mar 2018Indian Oil Corp. is keen to start retailing operations in Myanmar for which it has submitted a proposal to the government of that country
2 min read15 Apr 2017Producers are betting that auto-fuel demand will help keep their premium crude coveted by refiners
2 min read25 Apr 2016Essar Oil, the only Indian firm to own a refinery in Europe, opened its first petrol pump in Leicestershire in November 2015 and has added six more stations
2 min read18 Apr 2016The ministry is seeking to address concerns regarding Bharat Stage VI fuel quality standards proposed in the draft notification
3 min read22 Mar 2016The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared