India moving away from fuel subsidy is widely considered one of the most significant economic reforms, giving the government enough room for expanding its social and subsidy expenditure beyond ...
As of now, petrol and diesel don't come under the purview of GST. The value of the rupee also has a bearing on domestic fuel prices. A weak rupee increases the landed cost of dollar-denominated ...
In 2024, it would result as the 16 th consecutive year for the demand of crude oil and petroleum products to be on a rise in India. The oil and gas sector is among the eight core industries in ...
As of June 2017, petrol prices in India are revised daily, and this is called the dynamic fuel price method. Petrol and diesel rates are revised at 06:00 am every day. Before this, prices were ...
With lesser people using fuel based cars, the cost to produce petrol and diesel will begin to increase as it no longer will be able to leverage at the scale it once used to enjoy. Collectors of ...