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PTI
October 4, 2018



Dipak Mondal
New Delhi, October 4, 2018
Finance Minister Jaitley said that since the VAT is applied ad valorem with every increase in crude prices states earn more in revenue compared to the centre for which the tax remains fixed.


BusinessToday.In
October 4, 2018
Finance Minister announced a decline of Rs 1.50 in excise duty levied on petrol and diesel, and will notify the OMCs to deduct their prices by Re 1 to ease the burden on customers.


BusinessToday.In
New Delhi, October 4, 2018
The global trends in oil are also disturbing. Brent on Wednesday had hit a four-year high of $86.74 a barrel. However, prices fell a bit after the US raised inventories and sources said Russia and Saudi Arabia struck a private deal in September to raise crude output.


PTI
October 3, 2018



Nevin John
October 3, 2018
The Indian oil refiners buy Iranian crude at $3-5 a barrel discount to the other crude grades in the Middle East. The benefits include the $2-4 discount for a barrel of crude; $1 a barrel freight subsidies; and the extended payment facilities.


BusinessToday.In
New Delhi, October 2, 2018
This year alone, petrol and diesel prices have been spiked by Rs 13.76 and 15.39, respectively, in the national capital. Prices have seen the similar hike in other metro cities as well.


PTI
October 1, 2018



PTI
October 1, 2018



BusinessToday.In
New Delhi, October 1, 2018
Brent crude oil has also hit an all-time high of $83.24 since November 2014 as the United State's sanctions against Iran oil import kickstart from the next month.


BusinessToday.In
New Delhi, September 28, 2018
In Delhi, which has the lowest fuel prices among all metros, petrol has seen an increase of Rs 13.03 since January 1, while diesel has been up Rs 14.54. The situation is similar in all metropolitan cities.


PTI
New Delhi, September 26, 2018
The Cabinet Committee on Economic Affairs (CCEA), headed by Prime Minister Narendra Modi, on Wednesday approved a Rs 5,500 crore package to address the surplus production and stock of sugar in the country.


BusinessToday.In
September 25, 2018
Brent crude oil prices were trading at over four-year highs and inched closer to $82 per barrel ahead of impending US sanctions on Iran.


BusinessToday.In
New Delhi, September 24, 2018
Other metro cities have also seen fuel prices going up. Petrol is priced at Rs 85.99 in Chennai, while diesel has reached Rs 84.54 per litre. In Kolkata too, petrol and diesel have gone up to Rs 84.54 and Rs 75.99 per litre, respectively.


BusinessToday.In
New Delhi, September 21, 2018
The idea is to increase the excise duty on IMFL, especially on the largely consumed mid-segment liquors, and then reduce taxes on petrol and diesel.


BusinessToday.In
New Delhi, September 20, 2018
In Chennai, petrol is priced Rs 85.70, up 29 paise, and diesel is priced Rs 78.31, which is 21 paise increase from Wednesday's price. Petrol has taken a 3 paise jump in Kolkata to reach Rs 84.4, while diesel is Rs 75.72.


BusinessToday.In
New Delhi, September 18, 2018
Since September 1, petrol prices have gone up by about Rs 3.58 per litre in Mumbai, while diesel rates have increased by Rs 3.57 per litre; the petrol and diesel both have shown a similar trend all across India.


BusinessToday.In
September 17, 2018
The top gainer among sugar stocks was Avadh Sugar and Energy which hit the upper circuit of 19.99% to 567.15 level on BSE today. The stock of sugar manufacturer Bajaj Hindusthan Sugar rose up to 19.95% to 10.22 level on the BSE.


BusinessToday.In
New Delhi, September 17, 2018
The petrol reached Rs 82.06 per litre in Delhi on Monday, while diesel surged 6 paise to Rs 73.78 per litre. Petrol has already crossed the Rs 90 mark in two districts of Maharashtra.


PTI
September 16, 2018
The government is determined to keep fiscal deficit at 3.3 per cent of GDP on the back of buoyant tax revenues and expectations of surpassing the disinvestment target.


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