Windfall Tax On Oil Firms To Compensate Most Losses From Excise Cut On Fuel
Windfall tax to recoup most of Rs 1 lakh crore revenue lost in excise cutsNew Delhi: The windfall tax on oil produced within India and fuel exported overseas will make…
No Further Fuel Excise Duty Cut To Help Government Meet Fiscal Deficit Target: Report
Deutsche Bank has said that India can meet its fiscal deficit targetMumbai: Government can meet the fiscal deficit target of 6.4 per cent for 2022-23 if there are no excise…
Excise Duty Cuts On Fuel Poses Risk To Fiscal Deficit: Finance Ministry
Government revenues have been hit due to excise duty cut in petrol and diesel pricesNew Delhi: India faces near-term challenges in managing its fiscal deficit, sustaining economic growth, reining in…
Petrol, Diesel Prices: Fuel Prices Remain Unchanged Across Metros Today
Petrol, Diesel Prices: Fuel rates remained unchanged on June 9 across metro citiesPetrol, Diesel Prices Today: Fuel prices remained unchanged today on June 9, 2022 for the 18th consecutive day…
Greater Russian Crude Imports To Insulate Oil Companies From Price Freeze: Fitch
Fitch has said greater Russian crude import will insulate oil companies from lossesNew Delhi: Higher than usual imports of Russian oil at significant discounts to market prices may limit near-term…
RBI Expected To Hike Repo Rate By 0.40% Next Week: Report
A brokerage report has said that RBI may go in for another repo rate hike next weekMumbai: The Reserve Bank of India (RBI) is expected to go for another rate…
Fuel Retailers Staring At Under-Recoveries, Says Petroleum Minister
Petroleum Minister Hardeep Puri has said oil companies are staring at under-recoveriesNew Delhi: With fuel prices remaining unchanged for almost two months despite a rise in cost, oil companies have…
India’s May Diesel Sales Slide: Report
Daily gasoil sales of state refiners declined in MayNEW DELHI: Daily gasoil sales of Indian state refiners declined in May from April as lower consumer spending curtailed truck movement in…
Fuel Prices Remain Unchanged Across Metros Today
Petrol, Diesel Prices: Fuel rates remained unchanged across four metro citiesPetrol, Diesel Prices Today: Fuel prices remained unchanged today on May 29, 2022 for the eighth day across the four…
No Plans For Additional Borrowing This Fiscal: Government Sources
There are no plans of any additional borrowing by GovernmentNew Delhi: Government is not planning any additional borrowing and will stick to the borrowing target fixed for the current fiscal…