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Govt cuts windfall tax
New tax rates on crude oil, export of diesel and ATF come into effect from Feb 16
ATF price volatility-led airfare cap likely
Govt will re-evaluate airfare limit for domestic airlines: Scindia
Monsoon cools off fuel demand
Diesel, saw consumption drop of 13.7%, Petrol sales fell 7.8% during July 1-15 previous month ; however, consumption was 23.3% higher than July 2021,...
Crude price drop sets tone for windfall tax review
A massive crash in refining margins of diesel, petrol and ATF coinciding with a cool-off in crude oil prices from their peaks in June has diminished...
Govt to review oil export, windfall tax every fortnight
To shore up domestic supplies
Govt to recoup 3/4th revenue loss from windfall tax
Excise duty cut on petro, diesel would dent exchequer by Rs1 lakh cr annually
Airfares set for rise as ATF prices skyrocket
Aviation turbine fuel (ATF) price increased by Rs19,757.13 per kilolitre, or 16.26%, to Rs1,41,232.87 per kl (Rs141.2 per litre); ATF prices up over...
Petrol, diesel sales rebound with raging economic activity in May
During the first half of May, Petrol sales grew 14%, diesel demand rose 1.8%, cooking gas saw a dent of 5.4% against same period last year
