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India’s crude import bill falls 16%
Paid $132.4 bn for the imports in FY24 as against $157.5 bn in 2022-23
Sales of petroleum products rise to 7-month high
India's consumption of petroleum products rose to a seven-month high in December to about 20.05 million metric tons, according to data compiled by the...
Govt slashes windfall tax on crude oil
Tax on domestic crude oil, effective from Oct 18, reduced from Rs12,200/tonne to Rs9,050; ONGC, OIL to gain
Exports dip 6.58% in Jan; trade deficit lowest in a year
India’s exports dipped by 6.58% to $32.91 bn in Jan, while imports too contracted by 3.63% to $50.66 bn; Trade deficit touched a 12-month low of...
Europe gets backdoor supply of Russian oil
European energy companies are finding workarounds to keep Russian crude flowing, while placating public opinion, a media report said.
Gadkari agrees on problems, sees room for improvement
With the Goods and Services Tax (GST) regime completing four years, Union minister Nitin Gadkari on Thursday said "this tax reform was very essential,...
Oil cos to hike fuel prices post polls
Before the long-drawn pause, petrol and diesel fell by 22 paisa and 23 paisa per litre respectively on March 30. The OMCs have decided to pause price...
RBI Guv calls for coordinated action to give tax relief on petroleum...
Reserve Bank of India Governor Shaktikanta Das on Wednesday put onus on both Centre and the States to ensure that through coordinated policy measures...
