tax

Cairn looks to seize Air India assets to recover $1.7 bn
Oil & Gas

Cairn looks to seize Air India assets to recover $1.7 bn

UK's Cairn Energy Plc has brought a lawsuit in the US court that potentially can lead to seizing of Air…
Petrol, diesel prices at record highs, breaches Rs 100-mark
Oil & Gas

Petrol, diesel prices at record highs, breaches Rs 100-mark

Petrol and diesel prices on Monday hit record highs across the country after rates were increased for the fifth time…
Cairn offers to forego $ 500M if India pays principal due
Oil & Gas

Cairn offers to forego $ 500M if India pays principal due

Cairn Energy Plc has offered to forego USD 500 million and invest that amount in any oil and gas or…
Jet fuel price cut by 3% amid softer global crude rates
Oil & Gas

Jet fuel price cut by 3% amid softer global crude rates

In the first reduction in rate in two months, jet fuel or ATF price was cut by 3% in line…
128 solar plant non-functional since BJP came to power
Renewable Energy

128 solar plant non-functional since BJP came to power

As many as 128 solar power plants at police establishments in Jammu and Kashmir remained non-functional since 2014 due to…
Remove distortions before bringing petrol under GST: Moily
Oil & Gas

Remove distortions before bringing petrol under GST: Moily

Former Union Oil Minister and senior Congress leader M Veerappa Moily said distortions in the GST Act will have to…
Not possible to bring petrol under GST for next 8-10 years
Oil & Gas

Not possible to bring petrol under GST for next 8-10 years

BJP leader Sushil Kumar Modi said it is not possible to bring petrol and diesel under the GST regime for…
Petrol, diesel prices cut by 18 paise & 17 paise respectively
Oil & Gas

Petrol, diesel prices cut by 18 paise & 17 paise respectively

In the first reduction in rates in over a year, petrol price on Wednesday was cut by 18 paise per…
LPG price, petroleum taxes rise since BJP came to power
Oil & Gas

LPG price, petroleum taxes rise since BJP came to power

Price of domestic cooking gas, LPG has doubled to Rs 819 per cylinder in the last seven years while the…
Finance Ministry exploring options to ease petrol, diesel price
Oil & Gas

Finance Ministry exploring options to ease petrol, diesel price

Amid mounting pressure from all the quarters to reduce taxes on petrol and diesel, the Finance Ministry vigorously started to…
Shiv Sena slams Sitharaman’s Dharm-Sankat remark on fuel
Oil & Gas

Shiv Sena slams Sitharaman’s Dharm-Sankat remark on fuel

The Shiv Sena on Friday targeted Union Finance Minister Nirmala Sitharaman for referring to the issue of high fuel prices…
Congress leaders detained during protest against fuel prices
Oil & Gas

Congress leaders detained during protest against fuel prices

Jammu and Kashmir Congress chief Ghulam Ahmad Mir was among the large number of party workers who were detained here…
Government gets tax rich from oil as consumers bear brunt
Oil & Gas

Government gets tax rich from oil as consumers bear brunt

Government is all set to walk away with the highest level of excise duty collection from the petroleum sector this…
Petrol nears Rs 91 per litre mark in the national capital
Oil & Gas

Petrol nears Rs 91 per litre mark in the national capital

Petrol price neared the Rs 91 per litre mark in the national capital and diesel crossed Rs 81 a litre,…
Fuel prices rise again after two-day break
Oil & Gas

Fuel prices rise again after two-day break

The petrol and diesel prices across the country continued their northward march after two days break taking its retail rates…
Pradhan gives two main reasons behind rising fuel prices
Oil & Gas

Pradhan gives two main reasons behind rising fuel prices

Union Petroleum and Natural Gas Minister Dharmendra Pradhan said that reduced fuel production and oil-rich nations seeking more profits are…
Modi blames previous govt for not cutting import dependence
Oil & Gas

Modi blames previous govt for not cutting import dependence

On a day when petrol crossed the Rs 100 mark, Prime Minister Narendra Modi said the middle-class would not have…
Meghalaya government reduces petrol, diesel prices by Rs 7
Oil & Gas

Meghalaya government reduces petrol, diesel prices by Rs 7

Meghalaya Chief Minister Conrad Sangma has informed that the prices of petrol and diesel will be reduced by Rs 7…
Pradhan rules out any plans to cut taxes on petrol, diesel
Oil & Gas

Pradhan rules out any plans to cut taxes on petrol, diesel

Petroleum Minister Dharmendra Pradhan ruled out any cut in excise duty, for now, to give relief to consumers from the…
Congress calls for Odisha bandh over rising fuel prices
Oil & Gas

Congress calls for Odisha bandh over rising fuel prices

The Congress gave a call for a seven-hour Odisha shutdown on February 15 to protest against the rising prices of…
SAIL clocks best ever Q2 hot metal and crude steel production
Steel

SAIL clocks best ever Q2 hot metal and crude steel production

SAIL declared the results for the Second Quarter of the current Financial Year. The Company posted a net loss of…
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