nayara energy

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    Jio-BP Maintains Current Fuel Prices Amid Rising Oil Costs

    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...
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    Shivakumar: Centre's Fuel Policies Driven by Elections

    Bengaluru, March 27 – Terming the Centre's move on fuel prices as an election gimmick, Karnataka Deputy Chief Minister D.K. Shivakumar on Friday alleged that petrol and diesel prices would be increased again immediately after the elections.Addressing the media at the KPCC office and later...
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    Surjewala: Excise Cut is a 'Balance Sheet Move' – Urges Voters to Punish BJP

    Bangalore, March 27 AICC General Secretary Randeep Singh Surjewala accused the BJP-led government at the Centre of attempting to "deceive" the public by announcing a reduction in excise duty on petrol and diesel, alleging that this move would benefit oil companies but provide no relief to...
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    Oil Price Volatility Drives Excise Duty Changes

    New Delhi, March 27 CBIC Chairman Vivek Chaturvedi said on Friday that the government will review the special additional excise duty or windfall tax on diesel and ATF every two weeks.The move to levy special additional excise duty (SAED) is to ensure domestic availability of diesel and ATF...
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    By-Election Strategy: Shivakumar on Unity and MLA Demands

    Bengaluru, March 27 Karnataka Deputy Chief Minister D.K. Shivakumar criticised the Central government on Friday over the reduction in fuel prices, alleging that it was politically motivated.He was responding to questions from the media near his residence in Bengaluru regarding the Centre’s...
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    Petrol, Diesel Excise Duty Reduced Amid Election Cycle

    Bengaluru, March 27 Karnataka Deputy Chief Minister D K Shivakumar said on Friday that the central government's decision to cut excise duty on petrol and diesel was aimed at the upcoming elections.The government has reduced excise duty on petrol and diesel by Rs 10 per litre each, a move aimed...
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    Fuel Cuts and Renewed Export Taxes: A Look at India’s Response to Oil Price Hikes

    New Delhi, March 27 – The government has reduced excise duty on petrol and diesel by ₹10 per litre each, a move aimed at protecting domestic consumers from a surge in global oil prices triggered by the Middle East conflict, at an estimated revenue cost of ₹1.75 lakh crore.Alongside, the...
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    Fuel Prices Stable as India Implements Excise Duty Changes

    New Delhi, March 27 The government has reduced excise duty on petrol to Rs 3 per litre and exempted diesel from the duty, aiming to protect consumers from the impact of rising global crude prices amid the ongoing conflict in the Middle East.Global crude prices have increased by almost 50 per...
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    India’s Fuel Retailers Respond to Rising Crude Prices

    New Delhi, March 27 The government has reduced excise duty on petrol to ₹3 per litre and completely exempted diesel, aiming to help oil marketing companies like HPCL, BPCL, and IOC cope with rising global crude prices amid the Middle East conflict.The Finance Ministry, in a notification dated...
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    India's Fuel Market Shifts: Nayara Hike Amid State-Owned Firm Stays Frozen

    New Delhi, March 26 Nayara Energy, India's largest private fuel retailer, on Thursday raised petrol prices by ₹5 per litre and diesel by ₹3 a litre, passing on a portion of the recent surge in global oil prices following the war in the Middle East, sources said.Indian fuel marketing companies...
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    India's Fuel Prices Adjusted as Global Oil Costs Increase

    New Delhi, March 26 Nayara Energy, India's largest private fuel retailer, on Thursday raised petrol prices by Rs 5 per litre and diesel by Rs 3 a litre, passing on part of the recent surge in global oil prices following the war in the Middle East, sources said.Fuel marketing companies in India...
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    Nayara Claims SAP's EU Sanctions Impact Threaten Indian Energy Security

    New Delhi, March 8 The Delhi High Court will next week hear Nayara Energy's lawsuit against SAP India, a subsidiary of the German software company, over the suspension of critical software services that are essential to its operations.Nayara had approached the Delhi High Court in September...
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