No quick relief in sight for fuel consumers as Centre in no mood to reduce taxes on petrol, diesel

According to sources in the finance ministry, during a recent meeting, the Department of Revenue even indicated that there is still some headroom for the government to increase petroleum taxes.

published on : 21st October 2020

Petrol, diesel prices remain constant for more than 10 days

Diesel prices have stayed at the same level since last October 3, completing 11 days when the fuel did not see any revision.

published on : 13th October 2020

Universal Studios postpones release of 'Fast & Furious 9' to May 2021

The decision came after Daniel Craig-starrer 'No Time to Die' moved to its release slot of April 2, 2021.

published on : 3rd October 2020

Petrol demand returns to pre-COVID-19 levels, diesel sales inching up

Diesel sales continue to be in the negative territory, with demand falling 7 per cent year-on-year though the demand was 22 per cent higher over August 2020.

published on : 1st October 2020

Cost of petrol, diesel up by Re 1 in Andhra Pradesh

The government’s decision drew flak from the AP Lorry Owners Association (APLOA).

published on : 19th September 2020

Don't blame Centre alone for fuel price hikes, states have been raising taxes too

Rajasthan saw the steepest increase with VAT on petrol jumping from 30% during March to 38% now, while VAT on diesel rose from 22% to 28%.

published on : 14th September 2020

Petrol rate cut for 2nd time in six months, diesel price dips below Rs 73

Petrol price in the national capital fell to Rs 81.86 a litre from Rs 81.99 per litre. This is the second reduction in rates in three days.

published on : 12th September 2020

Diesel demand tanks in August due to fresh state lockdowns

Data on fuel demand for August shows clear indications that renewed lockdowns across several states resulted in a sharp decline in consumption.

published on : 11th September 2020

Diesel rates cut for first time in nearly 6 months

This is the first reduction in diesel price since mid-March when Indian Oil, Bharat Petroleum and Hindustan Petroleum froze rates for 82 days to adjust a record hike.

published on : 3rd September 2020

Vin Diesel-starrer 'Bloodshot' to re-release in US theatres on August 20

Prominent theatre chain AMC has announced that the film, which had to stop its theatrical run in March due to the coronavirus pandemic, will be back in its cinema houses on August 20.

published on : 15th August 2020

Fuel demand dips 11.7 per cent in July amid lockdown

Fuel demand fell to 15.67 million tonnes in July, 11.7 per cent lower compared with 17.75 million tonnes consumption in the same month a year ago.

published on : 12th August 2020

Minimum Rs 500 crore net worth must for licence to sell petrol, diesel to retail, bulk users

The retailers will necessarily have to set up five per cent of the total outlets in rural areas within five years.

published on : 4th August 2020

Diesel in Delhi cheaper by over Rs 8 as Arvind Kejriwal government slashes VAT

After a Cabinet meeting, Chief Minister Arvind Kejriwal said VAT on diesel would be brought down to 16.75 per cent from 30 per cent.

published on : 31st July 2020

Delhi government reduces tax on diesel with aim to revive economy

Transporters felt that the government will also see an increase in revenue because now most of trucks will now get refueled in the city.

published on : 30th July 2020

Maruti Suzuki sees no merit in developing small BS-VI diesel engine, to expand CNG portfolio

The auto major may look at having a bigger BS-VI diesel engine at a later stage if there are enough customers for diesel-powered big SUVs and sedans.

published on : 19th July 2020
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