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2 mins read

Extreme heat melts diesel demand, sales drop 4% in June

India's diesel demand slumped in June as extreme heat conditions in parts of the country curtailed …

PTI   


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1 min read

ATF price cut by 4.6%; commercial LPG rate hiked by Rs 21

Jet fuel or ATF price was on Friday slashed by 4.6 per cent - the second reduction in one month - w…

PTI   


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1 min read

IndiGo removes fuel charge on tickets

IndiGo on Thursday said it has stopped collecting fuel charge on tickets, nearly three months after…

PTI   


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Govt hikes windfall profit tax on crude oil, cuts levy on diesel exports

The government on Tuesday increased the windfall profit tax on crude oil produced in the country an…

PTI   


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ATF price slashed by 2.3 pc to Rs 1.17 lakh per kilolitre

Jet fuel (ATF) price was on Thursday reduced by 2.3 per cent, reflecting softening international oi…

PTI   


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Govt hikes windfall profit tax on export of diesel, ATF; raises tax on domestic crude oil

Govt hikes windfall profit tax on export of diesel, ATF; raises tax on domestic crude oil

PTI   


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4 mins read

India Inc might see margin squeeze with a crude shock at hand

Since the start of September, Brent crude has risen from $85 per barrel to $92 a barrel approximate…

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1 min read

Govt cuts windfall tax on diesel, ATF exports but raises levy on domestic crude

The government on Tuesday evening cut the windfall tax on diesel and ATF in line with softening int…

PTI   


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Petrol and diesel see a sharp rise by 19 paise and 21 paise per litre respectively on second consecutive day

Petrol and diesel prices in the country rose again sharply by 19 paise and 21 paise per litre respe…

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1 min read

Will review tax on crude, diesel and ATF every fortnight says Nirmala Sitharaman

Finance Minister Nirmala Sitharaman on Friday said the government will review every fortnight the n…

PTI   


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1 min read

Reliance Industries makes a new pact with BP to sell jet fuel in India

"BP and RIL agreed to form a new joint venture that will include a retail service station networ…

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4 mins read

SpiceJet hiked its ticket prices; Indigo and others might follow suit

The share price of the Indian aviation companies like Indigo, Jet Airways and others dropped on Thu…

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2 mins read

ATF cost up 2.6%; non-subsidised LPG price hiked by Rs 19

New Delhi, Jan 1 () Jet fuel or ATF price was on Wednesday hiked by 2.6 per cent and that of non-su…

PTI   


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1 min read

Windfall profit tax raised on export of diesel, Jet fuel

This was done after a fortnightly review on Wednesday, a Finance Ministry notification said. …

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1 min read

ATF price cut by steep 10 pc; non-subsidised cooking gas costs Rs 53 less

Simultaneously, the rates of non-subsidised cooking gas (LPG) were cut by Rs 53, wiping away a thi…

PTI   


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2 mins read

RIL, ONGC set to move higher as government unwinds windfall taxes, says Morgan Stanley

The government, which had promised that it will review these taxes regularly, reduced tax on exp…

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2 mins read

Govt considering specific excise duty on ATF

ATF presently is chargeable at 11 per cent ad valorem rate of excise duty.

PTI   


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2 mins read

SpiceJet sheds ₹400 crore in value within an hour of trading as CFO quits and losses mount

SpiceJet’s shares plunged after its CFO resigned and the company reported wider losses in Q1 FY23. …

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1 min read

Jet fuel prices hiked by 2% to an all-time high

Jet fuel prices on Friday were hiked by 2 per cent - the seventh straight increase this year - to a…

PTI   


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4 mins read

SpiceJet: In the eye of a perfect storm

The airline has reported eight malfunction incidents in the last 18 days, which led to a notice fro…