"petroleum-products"

The Union government has sharply increased excise duties on petroleum products, including diesel and aviation turbine fuel, citing volatile global crude prices and disruptions caused by conflict in West Asia. Diesel export duty has been raised to Rs 55.5 per litre, while ATF duty has climbed to Rs 42 per litre.

Colombo: Over 5.5 million vehicles have been registered with Sri Lanka’s national fuel pass or QR code system, Minister of Power and Energy Kanchana Wijesekera said on Monday. A total of 1,246 gas stations in the country now follow the QR code system and 4.3 million transactions have been completed, Xinhua news agency quoted Wijesekera […]

Hyderabad: The Centre is imposing four types of cess on petroleum products in the country and collecting about Rs 27.9 per litre on petrol and Rs 21.8 per litre on diesel after a marginal reduction of Rs 10 road cess on April 11 last year. During last fiscal of 2021-22, the union government collected more […]

Karimnagar: Protests erupted in many areas in the erstwhile Karimangar district in protest against hike in price of petrol, diesel and cooking gas. Except the BJP, leaders of various political parties including women activists registered their protest in different ways. While some of the activists registered their protest by carrying the empty gas cylinders and […]

Karimnagar: Welcoming the union government’s decision to repeal three farm laws, Telangana State Planning Board Vice-Chairman B Vinod Kumar wanted the center to withdraw cess being collected on petroleum products and return the amount collected so far back to states. Not only farm laws, the central government should also withdraw cess on petroleum projects. Commenting […]

Production of petroleum products by Fractionators during April, 2021 was 365.89 TMT which is 5.08 per cent higher than the target for the month.

The private sector on the other hand remained mute on their marketing initiatives adding a mere 376 fuel outlets

Crude has now slipped 6 per cent in last six days and is now sitting a tab lower around $64.5 a barrel on the back of rising US inventory.

Aggregate exports for FY21 are likely to be at $279.4 billion, down 10.8 per cent over FY20, the bank said.

The incumbent MLC Rajeshwar Reddy deserves to be reelected to represent the graduates in the Legislative Council, he said

India Exim Bank helping States to draw up comprehensive export strategies to tap full potential

Exports during April-October 2020-21 stood at $150.07 billion, registering a decline of 19.05 per cent over the same period last year