In an exclusive interview with India Today, Dr Ashok Lahiri, the newly appointed Vice-Chairman of NITI Aayog, discussed the recent fuel price hikes, the state of the Indian economy, and…
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Govt hikes export duty on petrol to Rs 3 per litre, cuts diesel, ATF levies from May 16
The Ministry of Finance has notified a hike in Special Additional Excise Duty (SAED) on exports of petroleum products, imposing Rs 3 per litre on petrol, Rs 16.5 per litre…
Sensex, Nifty end lower as rupee hits record low and inflation fears return
Benchmark stock market indices ended lower on Friday as rising crude oil prices, a record low rupee and renewed inflation worries kept investors cautious. The benchmark BSE fell 160.73 points,…
Reliance-Disney’s JioStar sues Zee over alleged unauthorised Bollywood film broadcasts: Report
Reliance-Disney media venture JioStar has initiated legal action against Zee Entertainment over the alleged unauthorised broadcast of Bollywood films whose rights were held by the Reliance-led company, according to a…
Petrol, diesel prices could keep rising over next 3-4 months amid crude oil crisis
The Rs 3-per-litre increase in petrol and diesel prices announced on Friday may not be a one-time adjustment, with experts warning that fuel prices could continue rising over the next…
Maharashtra cuts VAT on jet fuel from 18% to 7% amid rising aviation costs
The Maharashtra government has reduced Value Added Tax (VAT) on aviation turbine fuel (ATF) to 7% from the earlier 18%, offering relief to airlines struggling with sharply rising fuel costs…
Rupee hits all-time low, breaches 96 for 1st time against US dollar
The rupee fell to a fresh record low on Friday, slipping past the 96 mark against the US dollar as rising crude oil prices and the ongoing West Asia conflict…
HPCL dealers allege pressure to push ‘Power Petrol’ amid fuel price hike
As on Thursday amid the deepening energy crisis linked to the ongoing West Asia conflict, petrol dealers associated with Hindustan Petroleum Corporation Limited,(HPCL) have faced pressure to prioritise sales of…
Beyond the petrol pump: How higher fuel prices could hit India’s economy
The Rs 3-per-litre hike in fuel prices announced on Friday may be only the beginning if global crude oil prices remain elevated. Economists warn that sustained fuel price increases could…
Sensex, Nifty open higher despite rise in fuel prices; IT stocks lead gains
Benchmark stock market indices opened higher on Friday, despite the government raising petrol and diesel prices amid an energy crisis arising due to the West Asia war. The S&P BSE…