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BusinessToday.In
June 8, 2018
Later, the yields rally lost steam and the bond yield fell to 7.931% at 12:26 pm. The rise in yields comes two days after the monetary policy committee raised repo and the reverse repo rate each by 0.25%. The 10-year bond yield closed at 7.917% rising 1.06% on June 6, the day when the central bank raised key rates.


BusinessToday.In
June 6, 2018
The deliberations of the Reserve Bank of India's Monetary Policy Committee (MPC) will end today and the verdict is eagerly awaited. This is the first time that the six-member MPC, headed by RBI Governor Urjit Patel, is meeting for three days instead of the usual two since it was constituted in June 2016.


PTI
June 5, 2018



PTI
June 4, 2018



BusinessToday.In
June 3, 2018
In last five days, petrol price in Delhi has come down by 32 paise from its record high of Rs 78.43 on May 29. But, the reduction amount is still lower than what the oil marketing companies hiked in 16 consecutive days - from May 13 to May 29, petrol price was raised by Rs 3.8 and diesel by Rs 3.38 per litre.


BusinessToday.In
June 2, 2018
Last month, petrol and diesel prices hit a record high due to rise in international crude oil cost. However, the crude prices witnessed a marginal cut earlier this week after Saudi Arabia and Russia announced that they were willing to lift supply curbs that had pushed crude prices to their highest since 2014.


BusinessToday.In
New Delhi, May 30, 2018
Answering questions on the paltry 1 paise relief in the skyrocketing petrol and diesel prices, Pradhan said that it was mistake on the part of the oil companies and he takes responsibility for it as the petroleum minister.


BusinessToday.In
New Delhi, May 30, 2018
Rahul Gandhi asked if the price cut of 1 paisa was a prank and said that it was in poor taste.


PTI
May 30, 2018



BusinessToday.in
New Delhi, May 30, 2018
AirAsia CEO Tony Fernandes booked by CBI for violating aviation normsThe CBI has booked AirAsia CEO Tony Fernandes and several others for allegedly violating aviation norms. The crime branch is also carrying out searches at six locations. On Tuesday, the CBI said that they booked these officials over alleged violation of aviation norms, namely the 5/20 rule for getting international flying licenses as well as violation of Foreign Investment Promotion Board (FIPB) rules. The 5/20 r...


BusinessToday.In
May 30, 2018
After a constant hike for 16 days, petrol and diesel prices cut by 1 paisa on Wednesday. Fuel prices have seen a sharp rise soon after the polling concluded in Karnataka assembly elections.


BusinessToday.In
May 29, 2018
The government is facing flak over its inability to come up with some formula to contain the prices. However, the options before the current dispensation are limited. The opposition is calling for excise duty cut on fuels which the Centre does not want to do for fear of slipping on fiscal deficit target.


PTI
May 28, 2018
In Delhi, VAT on petrol was Rs 15.84 a litre, and Rs 9.68 on diesel in April. Today it is Rs 16.64 on petrol and Rs 10.17 a litre on diesel.


BusinessToday.In
May 28, 2018
The Central government levies Rs 19.48 excise duty on a litre of petrol and Rs 15.33 on diesel. States charge value added tax that varies from state to state. In Delhi, VAT on petrol is Rs 16.41 and on diesel Rs 10.05.


Prosenjit Datta
New Delhi, May 25, 2018
The problem, as the current set of ministers have found out, is that it is always easy to protest while in Opposition - but not so easy to take steps to cool prices when you are in the government.


BusinessToday.In
May 24, 2018
Here are some of the options before the government to rein in rising fuel prices.


BusinessToday.In
New Delhi, May 24, 2018
Homebuyers will now be treated on par with financial creditors and lenders after the Union Cabinet approved amendments to the Insolvency and Bankruptcy Code; even as petrol and diesel prices are on fire, the government is still to come up with a solution to this rampaging price rise and rising current account deficit due to crude price hikes has weakened the rupee further against the dollar. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.


PTI
New Delhi, May 24, 2018
Once petrol and diesel are brought under the ambit of GST, its threshold will change, because right now, taxes upon taxes are levied which increases rates. GST will ensure a single tax, says Fadnavis.


BusinessToday.In
New Delhi, May 24, 2018
The ministry plans to direct ONGC to sell its crude oil at below ruling international prices by capping the price at, say, $70 for the entire fiscal year. Oil India Ltd, the country's second largest hydrocarbon exploration and production PSU, will not be a part of this scheme.


BusinessToday.In
May 24, 2018
After Karnataka polls, the overall increase in the prices of petrol has been Rs 2.84 per litre whereas diesel has gone up by Rs 2.60 during the same period.


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