International Oil Prices
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Government Raises Excise Duty On Petrol, Diesel By Rs 3 Per Litre
The government on Saturday hiked excise duty on petrol and diesel by a steep Rs 3 per litre each to garner about Rs 39,000 crore additional revenue as it repeated its 2014-15 act of not passing on gains arising from slump in international oil prices.
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Fuel Prices To Change Every Day From Next Month As Per International Rates
Come 1st May 2017, petrol and diesel prices will change every day in sync with international rates, much like what happens in most advanced markets. State-owned fuel retailers Indian Oil Corp, Bharat Petroleum and Hindustan Petroleum, which own over 95 per cent of nearly 58,000 petrol pumps in the country.
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OPEC Diplomacy Up From Moscow to Caracas; Action Unlikely
Quiet diplomacy among the world's biggest oil producers has heated up this week, yet observers see few signs that renewed discussion among Russia, Saudi Arabia, Venezuela and others will lead to action on output.
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Congress Tries to Reach Out to Farmers and Middle Class
The Congress Party seems to be trying hard to build a support base among farmers and middle class, to take on the Modi government.
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Government Raises Excise Duty On Petrol, Diesel By Rs 3 Per Litre
The government on Saturday hiked excise duty on petrol and diesel by a steep Rs 3 per litre each to garner about Rs 39,000 crore additional revenue as it repeated its 2014-15 act of not passing on gains arising from slump in international oil prices.
-
Fuel Prices To Change Every Day From Next Month As Per International Rates
Come 1st May 2017, petrol and diesel prices will change every day in sync with international rates, much like what happens in most advanced markets. State-owned fuel retailers Indian Oil Corp, Bharat Petroleum and Hindustan Petroleum, which own over 95 per cent of nearly 58,000 petrol pumps in the country.
-
OPEC Diplomacy Up From Moscow to Caracas; Action Unlikely
Quiet diplomacy among the world's biggest oil producers has heated up this week, yet observers see few signs that renewed discussion among Russia, Saudi Arabia, Venezuela and others will lead to action on output.
-
Congress Tries to Reach Out to Farmers and Middle Class
The Congress Party seems to be trying hard to build a support base among farmers and middle class, to take on the Modi government.
