The Delhi government is likely to slash Value Added Tax (VAT) on Aviation Turbine Fuel (ATF). The move is expected to provide major relief to airlines crippled with rising operational…
Category: Testing
No Claim Bonus: The motor insurance reward many drivers lose unknowingly
Most people think of motor insurance only when something goes wrong. A dent after a parking mishap. A cracked bumper. A flooded road during monsoon. And in those moments, filing…
Inflation finds new fuel
The return of higher fuel prices may once again put inflation at the centre of India’s economic conversation. Petrol and diesel prices were , marking the first major fuel price…
Fuel price hike right move, oil firms can’t absorb loss for long period: Ashok Lahiri
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…
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…