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4 mins read

Headroom to cut petrol and diesel prices by ₹2-3 per litre: Icra

A reduction in crude oil prices in recent weeks has improved margins on retail auto fuels, providin…

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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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3 mins read

India imported USD 2.8 bn worth of crude oil from Russia in July

India, the world's third largest oil consuming and importing nation, in July bought USD 2.8 billion…

PTI   


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1 min read

India slashes windfall tax on crude petroleum

The central government has reduced windfall tax on crude petroleum, according to a government notif…

ANI   


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3 mins read

India's oil import bill could swell to $101-104 billion in FY25: ICRA

As per ICRA's calculations, a $10/barrel uptick in the average crude oil price for this fis…

PTI   


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4 mins read

Oil cos losing close to Rs 3 a litre on diesel, profit on petrol down

State-owned fuel retailers are losing close to Rs 3 per litre on selling diesel while the profit on…

PTI   


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3 mins read

Budget 2024 Expectations: FAME scheme, aid for vehicle scrapping and other expectations of the auto industry

The auto industry eagerly awaits Budget 2024 with expectations like FAME 3 scheme, incentives for h…

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4 mins read

Electrifying auto market: Planning to buy an EV, compare their price with petrol, diesel and CNG variants

Electric Vehicles (EVs) are here to take over the auto market. In the US, this growing trend is clo…

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4 mins read

EV-iction notice: Why are electric vehicle owners switching back to petrol and diesel (ICE) cars?

Despite the largely successful worldwide push for EV adoption, many drivers are thinking about retu…

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4 mins read

After record profits, state-owned fuel retailers Indian Oil, BPCL and HPCL see profit slump in Q1

IOC, BPCL and HPCL posted up to 90 per cent slump in their June quarter earnings as margins fell an…

PTI   


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2 mins read

Auto stocks recover after Gadkari clarifies his '10% additional GST on diesel vehicles' comment

The auto index, Nifty Auto, recovered from its 400 point or approximately 2.5% fall after ​​Union M…

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1 min read

More freight carriers are exiting the market as soaring diesel prices drag on truckers

Diesel prices have surged 18% from July to September, and that's worsened financial stress for truc…

Phil Rosen   


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2 mins read

Pakistan's petrol, diesel prices continue to surge amid social unrest

Rupees (PKR) taking the price past 300 PKR, Geo News reported on Friday. The Finance Division said …

ANI   


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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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2 mins read

Here’s a diesel variant that can not only save ₹1 lakh a year but can also help clean your engine

Jio-bp has launched a high octane diesel variant in India that promises to improve fuel economy and…

Business Insider Latest Story Image
1 min read

Govt hikes windfall tax on crude petroleum, cuts levy on diesel

The government has hiked windfall tax on domestically produced crude oil to Rs 4,600 per tonne from…

PTI   


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3 mins read

Petrol, diesel prices hiked again in metro cities for the second day in a row

Petrol and diesel prices have increased by 80 paise per litre for the second consecutive day. The p…

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3 mins read

Petrol, diesel prices hiked for the ninth time in 10 days

The price of petrol and diesel were hiked again by 80 paise per litre today, March 31, for the nint…

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3 mins read

Petrol and diesel prices hiked for the third time this week in India

The fuel prices have been hiked again this week by 80 paise per litre. Both petrol and diesel price…

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3 mins read

Petrol and diesel prices hiked for the 7th time in 8 days, petrol crosses ₹100 per litre mark in Delhi

Petrol and diesel prices have been increased by 80 paise and 70 paise per litre, respectively, whic…