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BusinessToday.In
September 4, 2018
The continuous hike in fuel prices has been attributed to a sharp rise in international crude prices and a dramatic fall in the exchange value of the rupee against the US dollar.


Rajeev Dubey
New Delhi, September 3, 2018
Over Rs 10 lakh crore from fuel taxes have been deployed in social schemes.  Cutting taxes mean cutting down on such schemes which will be political hot potato in the run-up to general elections.


BusinessToday.In
September 3, 2018
One of the most important factors is the tax levied by the state and central governments. As of now, fuel has been kept outside the purview of Goods and Services Tax (GST).


BusinessToday.In
New Delhi, September 3, 2018
Fuel prices in all metro cities are once again at an all-time high. The price of petrol rose to Rs 86.56 a litre in Mumbai and Rs 79.15 per litre in Delhi on Monday. Petrol price had previously hit its highest level five months ago on May 29. Watch BusinessToday.In video.


Manoj Sharma
New Delhi, September 3, 2018
Not only India but neighbouring countries like China, Pakistan, Nepal and Sri Lanka are also bearing the brunt of high crude oil prices. The US sanctions against Iranian oil import have put these countries in a fix, which has impacted their oil supply.


BusinessToday.in
New Delhi, September 3, 2018
Wipro wins biggest ever contract, over $1.5 billionIndian software services exporter Wipro Ltd has won its biggest-ever contract worth more than $1.5 billion with U.S.-based Alight Solutions LLC for digital services as reported by Reuters. Wipro would earn $1.5-1.6 billion in revenues over the tenure of the deal, which will include services in health, human resources and finance.The deal is expected to be completed in the quarter ending September.  Income Tax dept to wait til...


BusinessToday.In
September 3, 2018
Petroleum prices, which are determined by the cost of crude oil in global markets, may continue to go up as the international markets are under pressure due the US sanctions on Iran and Saudi Arabia's decision to cut oil production.


Mudit Kapoor
New Delhi, August 31, 2018
A weaker rupee has resulted in rise in import bills, costlier foreign education and travel. The biggest impact is on petrol and diesel prices which have witnessed steady increase throughout the year. Petrol and diesel have risen by 13.99 per cent and 23.04 per cent respectively since August 24 last year.


BusinessToday.In
August 31, 2018
On Friday, diesel touched a lifetime high of Rs 70.21 per litre in the national capital while the price of petrol was at Rs 78.52.


BusinessToday.In
New Delhi, August 28, 2018
Chinese crypto-mining equipment makers plan to get listed in Hong Kong; major international airlines are beginning to pad their schedules with extra time to give the impression that the aircraft are arriving on time; diesel and petrol prices have hit new record high. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.


BusinessToday.In
August 28, 2018
Petroleum prices, which are determined by the cost of crude oil in global markets, may continue to go up as the international markets are under pressure due the US sanctions on Iran and Saudi Arabia's decision to cut oil production.


PTI
August 27, 2018
The increase pushed diesel price to its highest ever level of Rs 69.46 a litre in Delhi. In Mumbai, the fuel now costs Rs 73.74 a litre.


BusinessToday.in
New Delhi, August 24, 2018
State-of-the-art Train 18 to replace Shatabdi Express soon; PV Sindhu on Forbes' list of top 10 highest-paid female athletes; Air India seeks Rs 500 crore urgently to repay banks; opposition criticises Centre's decision to decline foreign aid for Kerala flood  relief. Watch more in this episode of Business Wrap.


BusinessToday.In
New Delhi, August 24, 2018
State-of-the-art Train 18 to replace Shatabdi Express soonAs part of the Railways' plan to increase the speeds of all long-distance passenger trains by 25 km per hour by 2022, it has decided to replace the Shatabdi Express trains with much-awaited semi-high speed 'Train 18'. These trains will be loaded with state-of-the-art amenities and will be used for inter-city travel. The trains are being built under the Make in India initiative at the Integral Coach Factory (ICF) in Chenna...


BusinessToday.In
August 23, 2018
The US sanctions on Iran will have direct impact on petrol and diesel prices in India, which imports around 80 per cent of its oil requirement. Iran is the third largest exporter of crude oil to India after Iraq and Saudi Arabia.


BusinessToday.In
August 21, 2018
Maruti Suzuki has launched the all new Ciaz after a long wait. The company saw a major slump in sales of the c-segment sedan, mainly because of the much anticipated facelift.


Mail Today Bureau
August 14, 2018
The rate of price rise in fruits slowed down 6.98 per cent, as against over 10 per cent in the previous month. However, inflation in the fuel segment based on the changes in the CPI increased to 7.96 per cent from 7.14 in the previous month.


BusinessToday.In
August 7, 2018
During the Budget presentation in February, then Finance Minister Arun Jaitley had projected the fiscal deficit target at 3.3 per cent of GDP for the financial year 2018-19.


BusinessToday.In
July 31, 2018
After keeping the fuel prices unchanged on Sunday, the OMCs hiked the petrol price the next day in the four metro cities by 9 paise each. The rate hike came after 15 days of price cut.


Jigar Pathak
New Delhi, July 23, 2018
Sugar sector is in a bear cycle. Wait for some more correction before bottom-fishing.


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