diesel

New Delhi, April 11 The government on Saturday increased the export duty, or windfall tax, on diesel to Rs 55.5 per litre and on aviation fuel ATF to Rs 42 per litre.The duty hike will be effective immediately, the finance ministry said in a notification.The government had, on March 26...

New Delhi, April 10 Jio-BP, the fuel joint venture of Reliance Industries Ltd and BP Plc, does not plan to immediately raise fuel prices despite a spike in international oil prices, its chief executive Akshay Wadhwa said on Friday.The country's second-largest private fuel retailer has kept...

Jaipur, April 9 Rajasthan Chief Minister Bhajanlal Sharma chaired a meeting with officials on Thursday to review preparations for Prime Minister's visit to the state for the inauguration of the HPCL refinery in Balotra district on April 21.During the meeting, Sharma said the Pachpadra refinery...

New Delhi, April 9 After imposing a windfall tax on fuel exports, India has moved to cap refinery margins in an effort to offset losses on domestic fuel sales, sources said.The war in West Asia has had two prolonged impacts – a spike in international oil prices, which has led to record losses...

Defence Minister Rajnath Singh chaired the 3rd meeting of the Group of Ministers on West Asia in New Delhi today. In a social media post, Mr. Singh stated that during the meeting, they reviewed the measures in response to the evolving situation in West Asia. He added that the government is...

New Delhi, April 8 – The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved on Wednesday the revision of the cost of the HPCL Rajasthan Refinery Limited (HRRL) project from ₹43,129 crore to ₹79,459 crore, and an additional equity investment of ₹8,962...

New Delhi, April 7 – The Centre announced on Tuesday that it has doubled the daily quantity of 5 kg LPG cylinders being provided to each state for distribution to migrant laborers."The supply of 5 kg LPG cylinders is being doubled based on the average daily supply to migrant laborers during...

Colombo, April 7 Sri Lankan President Anura Kumara Dissanayake announced an economic relief package on Tuesday aimed at minimizing the impact of the West Asia conflict.Speaking in parliament, Dissanayake said that India has agreed to provide the island nation with petrol and diesel."As a...

New Delhi, April 7 The government is considering a ₹2.5 lakh crore credit guarantee scheme to support businesses, especially MSMEs affected by the West Asia crisis, sources said.Under the scheme, a credit guarantee of about 90 per cent on loans of up to ₹100 crore would be provided to lenders...

April 06, New Delhi – The Indian Government held an inter-ministerial briefing on the developments in the ongoing West Asia conflict.A control room has been established to monitor the prices of essential commodities.The Ministry of Petroleum and Natural Gas has ensured that all petrol...

Bhopal, April 6 Public sector oil marketing companies (OMCs) on Monday said they are maintaining steady and adequate supplies of LPG and automotive fuel in Madhya Pradesh despite the ongoing war in West Asia and allayed fears of shortages.Indian Oil Corporation Ltd (IOCL), Bharat Petroleum...

Mumbai, April 6 Amid rising geopolitical tensions in the Middle East that have strained global petroleum supply chains, the Maharashtra government, in coordination with major Oil Marketing Companies (OMCs), issued a firm assurance on Monday of adequate fuel availability across the state.State...

The government is making every effort to ensure the availability of petrol, diesel, and LPG across the country. It has advised citizens to use digital methods for booking LPG cylinders and to avoid visiting distributors unless absolutely necessary. The Ministry of Petroleum and Natural Gas...

Sydney, April 4 – Australian Energy Minister Chris Bowen said on Saturday that Australia's fuel supply "remains strong," and more petrol is reaching service stations across the country.Providing a weekly update on fuel supply, Bowen told reporters in Sydney that Australia had approximately 39...

POONCH, APRIL 04: DC Ashok Kumar Sharma held a press conference to address public concerns in light of the ongoing situation. He assured the public that supplies of LPG, petrol, diesel, and other essential commodities are adequate, and that the overall situation in Poonch remains normal and...

RAJOURI, APRIL 03: Abhishek Sharma assured that sufficient stocks of LPG, petrol, diesel, food grains, and fertilizers are available in Rajouri, with supplies being maintained according to guidelines issued by the Government of India.He warned that hoarding and black marketing will not be...

New Delhi, April 4 The government on Saturday urged citizens to avoid panic buying of petrol, diesel, and LPG, saying fuel supplies remain adequate despite disruptions linked to the closure of the Strait of Hormuz.The Ministry of Petroleum and Natural Gas said the government is taking...

Islamabad, April 3 – Pakistan’s Human Rights Council (HRC) strongly criticised the government’s steep increase in petrol and diesel prices on Friday, warning that the move would further burden citizens already struggling with rising inflation and economic hardship.According to the rights body...

The Centre has requested the states and union territories to take necessary measures to curb practices such as hoarding and black marketing of LPG and other petroleum products. Secretary, Ministry of Petroleum and Natural Gas, Dr. Neeraj Mittal, has written a letter to all states and union...

Lucknow, April 2: In a strong crackdown on the black marketing of petrol, diesel, and LPG, the Uttar Pradesh government has registered 233 FIRs and arrested 20 people since the statewide campaign was launched on March 12, on the directives of Chief Minister Yogi Adityanath.According to the...