Unexpected tax on oil companies to make up most of the loss from excise duty cuts on fuel

Windfall tax to recover revenue of Rs 1 lakh crore lost by deduction in excise duty…

Big Russian crude imports to save oil companies from price freeze: Fitch

Fitch says importing more Russian crude will protect oil companies from losses New Delhi: Fitch Ratings…

RBI expects 0.40% hike in repo rate next week: Report

A report by the brokerage said that the RBI may make another hike in the repo…

Fuel retailers staring at under-recoveries, says petroleum minister

Petroleum Minister Hardeep Puri has said that oil companies are looking towards under-recovery New Delhi: With…

Result of reduction in excise duty on petrol and diesel

How much did the central government cut the excise duty on petrol and diesel? 8 per…

Government’s measures to tackle inflation may hit growth

Experts say that the steps taken by the government to deal with inflation may have an…

Excise duty cut after fuel Reliance-BP joint venture says operations untenable

Private joint venture fuel retailer Reliance-BP has told the government that sales are volatile New Delhi:…

Excise duty cut on petrol and diesel has many consequences

How much has the central government cut excise duty on petrol and diesel to control retail…

Government will spend additional Rs 2 lakh crore to control inflation: Report

The government plans to borrow Rs 2 lakh crore in the current financial year to deal…

GDP just 1% above pre-pandemic levels in current fiscal: RBI Deputy Governor

RBI Deputy Governor Michael Patra said that GDP will be just 1 percent above pre-pandemic levels…