Fuel Rates Cut
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Jet Fuel Price Cut 4.6%, Commercial Cooking Gas Up By Rs 39 Per Cylinder
Jet fuel, or ATF, price was on Sunday reduced by 4.6 per cent while the rate of commercial LPG used in hotels and restaurants was hiked by Rs 39 per 19-kg cylinder in the monthly revision done in line with international oil price trends.
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Steepest-Ever 14% Jet Fuel Price Hike, Commercial Cooking Gas Price Cut
Jet fuel or ATF price on Friday was hiked by the steepest-ever 14 per cent - the third straight increase, while the commercial cooking gas rate was cut by Rs 157.5 per cylinder in line with divergent trends in international benchmarks.
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Jet Fuel Price Hiked By Steep 8.5%, Commercial LPG Rate Cut By Rs 100
Jet fuel or ATF price on Tuesday was hiked by a steep 8.5 per cent - the second increase in a month, while commercial cooking gas rate was cut by Rs 100 per cylinder in line with divergent trends in international benchmarks.
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Windfall Tax On Crude Oil, Aviation Fuel Cut, New Rates To Come Into Effect From February 16
The levy on crude oil produced by companies such as Oil and Natural Gas Corporation (ONGC) has been cut to Rs 4,350 per tonne from Rs 5,050 per tonne, the order dated February 15 said.
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Centre Cuts Windfall Tax On Aviation Fuel, Diesel Exports, New Rates Effective From January 17
The government has also reduced the tax on export of diesel to Rs 5 per litre, from Rs 6.5 and the same on overseas shipments of ATF to Rs 3.5 a litre, from Rs 4.5 a litre.
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Jet Fuel Price Hiked 4.2%, Commercial LPG (Gas) Rates Cut By Rs 115.5
Jet fuel (ATF) price on Tuesday was hiked by 4.2 per cent but that of commercial LPG used in non-residential establishments such as hotels and restaurants was cut by Rs 115.5 per 19-kg cylinder reflecting global energy trends.
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Jet Fuel Price Cut By 2.2% On Fall In International Crude; Rates Off Peak
Jet fuel (ATF) prices on Saturday were reduced by 2.2 per cent, reflecting a fall in international oil prices.
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Petrol, Diesel Price Cut Anytime Soon? Not Likely
Petrol and diesel prices have been kept steady for a month after the government's much-needed move to cut excise duty on May 21.
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Excise Duty Cuts On Fuel Poses Risk To Fiscal Deficit: Finance Ministry
Government revenues have taken a hit following cuts in excise duties on diesel and petrol, posing risk to budget level of gross fiscal deficit
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Retail Inflation Eased To 7.04% In May, But Too Early To Call A Peak
India's retail inflation eased to 7.04 per cent in May from a year ago, after hitting an eight-year high in April, data showed on Monday.
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Fuel Tax Cut Likely Eased Inflation In May, But Price Pressures Elevated
Surging retail inflation likely eased in May on lower fuel costs, but price pressures remain elevated, and the rate was expected to have held above the Reserve Bank of India's upper tolerance level of its 2-6 per cent target band for the fifth month in a row.
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India's Crude Basket Price On The Rise; No Cut In Fuel Rates Anytime Soon
The already-elevated India's crude oil basket price is rising, with the average based on daily costs for June jumping to over $115 per barrel, compared to $109.51 in May and $102.97 in April.
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India's ONGC To Boost Exploration With $4 Billion Investment Over 3 Years
India, the world's third biggest oil importer and consumer, ships in over 80% of its oil needs. Asia's third largest economy wants to monetise its oil and gas resources to cut its import bill.
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"Despite Quad, India Sustained US...": Imran Khan Praises Fuel Rates' Cut
Lauding India for not buckling under the "US pressure" and buying the discounted oil from Russia, former Pakistan Prime Minister Imran Khan on Saturday said that his government was also working on the same thing.
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Petrol And Diesel Price In Delhi, Mumbai And Other Cities After Excise Cut
Fuel prices came down today, a day after the central government cut the excise duty on petrol and diesel. Finance Minister Nirmala Sitharaman yesterday announced a record cut of Rs 8 per litre of petrol and Rs 6 per litre on diesel.
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Jet Fuel Price Cut 4.6%, Commercial Cooking Gas Up By Rs 39 Per Cylinder
Jet fuel, or ATF, price was on Sunday reduced by 4.6 per cent while the rate of commercial LPG used in hotels and restaurants was hiked by Rs 39 per 19-kg cylinder in the monthly revision done in line with international oil price trends.
-
Steepest-Ever 14% Jet Fuel Price Hike, Commercial Cooking Gas Price Cut
Jet fuel or ATF price on Friday was hiked by the steepest-ever 14 per cent - the third straight increase, while the commercial cooking gas rate was cut by Rs 157.5 per cylinder in line with divergent trends in international benchmarks.
-
Jet Fuel Price Hiked By Steep 8.5%, Commercial LPG Rate Cut By Rs 100
Jet fuel or ATF price on Tuesday was hiked by a steep 8.5 per cent - the second increase in a month, while commercial cooking gas rate was cut by Rs 100 per cylinder in line with divergent trends in international benchmarks.
-
Windfall Tax On Crude Oil, Aviation Fuel Cut, New Rates To Come Into Effect From February 16
The levy on crude oil produced by companies such as Oil and Natural Gas Corporation (ONGC) has been cut to Rs 4,350 per tonne from Rs 5,050 per tonne, the order dated February 15 said.
-
Centre Cuts Windfall Tax On Aviation Fuel, Diesel Exports, New Rates Effective From January 17
The government has also reduced the tax on export of diesel to Rs 5 per litre, from Rs 6.5 and the same on overseas shipments of ATF to Rs 3.5 a litre, from Rs 4.5 a litre.
-
Jet Fuel Price Hiked 4.2%, Commercial LPG (Gas) Rates Cut By Rs 115.5
Jet fuel (ATF) price on Tuesday was hiked by 4.2 per cent but that of commercial LPG used in non-residential establishments such as hotels and restaurants was cut by Rs 115.5 per 19-kg cylinder reflecting global energy trends.
-
Jet Fuel Price Cut By 2.2% On Fall In International Crude; Rates Off Peak
Jet fuel (ATF) prices on Saturday were reduced by 2.2 per cent, reflecting a fall in international oil prices.
-
Petrol, Diesel Price Cut Anytime Soon? Not Likely
Petrol and diesel prices have been kept steady for a month after the government's much-needed move to cut excise duty on May 21.
-
Excise Duty Cuts On Fuel Poses Risk To Fiscal Deficit: Finance Ministry
Government revenues have taken a hit following cuts in excise duties on diesel and petrol, posing risk to budget level of gross fiscal deficit
-
Retail Inflation Eased To 7.04% In May, But Too Early To Call A Peak
India's retail inflation eased to 7.04 per cent in May from a year ago, after hitting an eight-year high in April, data showed on Monday.
-
Fuel Tax Cut Likely Eased Inflation In May, But Price Pressures Elevated
Surging retail inflation likely eased in May on lower fuel costs, but price pressures remain elevated, and the rate was expected to have held above the Reserve Bank of India's upper tolerance level of its 2-6 per cent target band for the fifth month in a row.
-
India's Crude Basket Price On The Rise; No Cut In Fuel Rates Anytime Soon
The already-elevated India's crude oil basket price is rising, with the average based on daily costs for June jumping to over $115 per barrel, compared to $109.51 in May and $102.97 in April.
-
India's ONGC To Boost Exploration With $4 Billion Investment Over 3 Years
India, the world's third biggest oil importer and consumer, ships in over 80% of its oil needs. Asia's third largest economy wants to monetise its oil and gas resources to cut its import bill.
-
"Despite Quad, India Sustained US...": Imran Khan Praises Fuel Rates' Cut
Lauding India for not buckling under the "US pressure" and buying the discounted oil from Russia, former Pakistan Prime Minister Imran Khan on Saturday said that his government was also working on the same thing.
-
Petrol And Diesel Price In Delhi, Mumbai And Other Cities After Excise Cut
Fuel prices came down today, a day after the central government cut the excise duty on petrol and diesel. Finance Minister Nirmala Sitharaman yesterday announced a record cut of Rs 8 per litre of petrol and Rs 6 per litre on diesel.
