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BusinessToday.In
May 22, 2018
A consumer in India spends as much as 35 per cent more on petrol than consumers in Pakistan.


www.businesstoday.in
May 22, 2018



www.businesstoday.in
May 21, 2018



Rajeev Dubey
New Delhi, May 21, 2018
India's crude basket which was at $52.49 in April 2017 is now well over $72. If crude gets to $100, India's price could be $93 for the full year, according to a report released by the SBI. That's nearly double of 2016-17.


BusinessToday.In
May 22, 2018
Interestingly, while the retail prices have gone up, the price at which the fuel is sold to petrol pump dealers has come down drastically since 2013.


Anilesh S Mahajan
New Delhi, May 21, 2018
According to the finance ministry's revenue collection projection, the government expects to mop up more than Rs 2.579 lakh crore by levying taxes on the petroleum products by the end of this fiscal.


BusinessToday.In
New Delhi, May 21, 2018
The last time the centre reduced the excise duty on fuel was in October 2017. Though Finance Minister Arun Jaitley had said earlier that the centre favours bringing petroleum products under the GST umbrella, a short-term intervention is unlikely as it may disturb the fiscal deficit situation.


PTI
New Delhi, May 15, 2018
Engineering, chemicals and pharmaceutical exports recorded a growth of 17.63 per cent, 38.48 per cent and 13.56 per cent respectively during the month.


www.businesstoday.in
May 7, 2018



Prosenjit Datta
New Delhi, May 2, 2018
In 2013/14, India's merchandise exports stood at $314.4 billion. In the next year, it fell to $310.3 billion. And the next year, 2015/16 saw a further fall to $262.3 billion before it improved marginally to $275.9 billion in 2016/17. This financial year, it has clocked $302 billion, which is still lower than what it was four years ago.


BusinessToday.In
New Delhi, May 2, 2018
Some people have linked the upcoming Karnataka Assembly election scheduled to be held on May 12 for steady pricing, even though the benchmark international rates have gone up by almost $2 per barrel.


www.businesstoday.in
May 1, 2018



BusinessToday.In
May 1, 2018
The Centre and states both have their share of taxes on petroleum products. Currently, the central government levies Rs 19.48 a litre of excise duty on petrol and Rs 15.33 per litre on diesel. States have value added tax or VAT that vary from state to state.


www.businesstoday.in
April 23, 2018



BusinessToday.In
April 20, 2018
It's not just the common man in India who is fuming over rising petrol prices. US President Donald Trump is also feeling the pinch of rising crude prices. Trump lashed out at the oil exporting group OPEC for keeping the oil prices 'artificially high'.


BusinessToday.In
April 20, 2018
India imports 80 per cent of its crude oil requirement and any increase in prices in the global market leads to an increase in the price of petrol, diesel and LPG.


www.businesstoday.in
April 12, 2018



BusinessToday.In
New Delhi, April 12, 2018
Saudi Aramco, the state-owned oil company of the Kingdom of Saudi Arabia, has signed a pact with a consortium of Indian oil companies to jointly develop and build a mega integrated refinery and petrochemicals complex, Ratnagiri Refinery & Petrochemicals Ltd. (RRPCL), in Maharashtra.


www.businesstoday.in
April 11, 2018



BusinessToday.In
New Delhi, April 11, 2018
According to the statement, a pre-feasibility study for the refinery has been completed, and the parties are now finalising the project's overall configuration.


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