The record high excise duty on petrol and diesel \"partly\" helped the government rake in 59 per cent more indirect tax collections in financial year 2020-21 as compared to the previous fiscal

Inflation in food basket, or Consumer Food Price Index (CFPI), rose to 4.94 per cent in March from 3.87 per cent in February, government data showed

The April 5-8 poll of more than 50 economists showed retail inflation rose to 5.40 per cent in March from a year earlier as opposed to 5.03 per cent in February. Forecasts ranged from 4.60% to 6.11 per cent

The scheme is expected to be instrumental in achieving growth rates that are much higher than existing ones for AC and LED industries, develop complete component eco-systems in India and create global champions manufacturing in India

The central bank had projected CPI of 5.2 to 5% in the first half (August to September) of 2021-22. The new forecast is an indicator of the hardening of inflation in the economy

Experts say spurt in Covid-19 cases is a worry. After seeing expansion in third quarter post entering recession in previous two quarters, country is expected to grow at 1 per cent in fourth quarter ending March. But growth may slip further sequentially

The RBI is trying its best to keep the interest rates low to support the economic recovery and also facilitate government's huge borrowing plan in 2021-22

State companies - Indian Oil Corp, Hindustan Petroleum Corp and Bharat Petroleum - own about 90% of India's retail fuel outlets

Aviation turbine fuel (ATF) price was reduced by Rs 1,887 per kilolitre, or 3 per cent, to Rs 58,374.16 per kl in the national capital, according to a price notification of state-owned fuel retailers

The reduction in cooking gas prices comes close on the heels of assembly elections in four states and one union territory (West Bengal, Assam, Kerala, Tamil Nadu and Puducherry) which started on March 27 onwards

The price cut comes on the back of softened crude oil and petroleum prices during the second fortnight of March on account of recent surge in COVID-19 cases and vaccine uncertainty

A sharp increase in global crude oil prices has pushed retail rates of petrol and diesel to historic highs. Taxes are partly to be blamed, but reducing excise duties may not be easy for a cash-strapped government

In Delhi, petrol rates were cut by 22 paise per litre and diesel by 23 paise per litre, respectively, on March 30, as per the IOCL data. Currently, the cost of one litre of petrol in Delhi is Rs 90.56 per litre and diesel is priced at Rs 80.87 per litre

After dredging and excavation work over the weekend, rescue workers from the Suez Canal Authority and a team from Dutch firm Smit Salvage had succeeded in partially refloating the ship earlier on Monday using tug boats

Dredgers working to dislodge the stranded vessel have so far shifted 27,000 cubic metres of sand, to a depth of 18 metres, and efforts would continue around the clock according to wind conditions and tides, the Suez Canal Authority (SCA) said in a statement

The Ministry of Road Transport and Highways has digitised the data of such vehicles throughout the country, excluding Andhra Pradesh, Madhya Pradesh, Telangana and Lakshadweep as their records were not available

The 400 metre (430 yard) long Ever Given became wedged diagonally across a southern section of the canal amid high winds early on Tuesday, blocking one of the world's busiest waterways

The 400-metre (430-yard) long Ever Given became wedged diagonally across a southern section of the canal amid high winds early on Tuesday, disrupting global shipping by blocking one of the world's busiest waterways

The fuel prices were cut by 19-21 paise while diesel rates fell by 19-22 across the major cities in the country

Speaking in Rajya Sabha while participating in a discussion on the Finance Bill 2021, Modi told the lower house of Parliament that the Centre and states combined collect over Rs 5 lakh crore tax on petroleum products