Feb 26, 2020-Wednesday

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Wednesday, Feb 26, 2020

Petroleum product

Feb 09, 2020 19:23
Currently, petroleum products attract central excise duty and value added tax (VAT) levied by states. read more
Oct 28, 2019 23:46
The Indian Navy and Indian Coast Guard have been trying to free Nu Shi Nalini since she broke loose on Thursday in the gusty winds that accompanied Cyclone Kyarr, sparking fears of an oil spill. read more
Oct 16, 2019 17:52
Consumption of petroleum products in September dropped to 16.01 million tonnes, its lowest since July 2017, from 16.06 million tonnes in the same month last year, according to data from the Petroleum Planning and Analysis Cell (PPAC). read more
Sep 10, 2019 18:26
The pipeline, which runs from Motihari in Bihar to Amlekhgunj in Nepal, will replace tankers that carry petroleum products from India as part of an arrangement put in place in 1973. India, Nepal’s sole supplier of oil, funded the Rs 324-crore projec... read more
Aug 28, 2019 15:59
The mission is to develop a technology that will not only help in disposing of the plastic but will also result in generating revenue from it. After much effort, the institute developed a technology to convert plastic into petroleum products such as... read more
Jul 01, 2019 06:02
Implementing a radical and universal reform in an economy as large as India is bound to witness teething troubles and GST did. Two years after it was implemented, the question is whether GST is moving towards its promise of improving tax collections... read more
May 01, 2019 03:14
The next government won’t enjoy low oil prices which benefitted its predecessor read more
Mar 16, 2019 01:51
Marginal 2.44 per cent increase in exports as well as lower imports of gold and petroleum products in February significantly narrowed India’s trade deficit to USD 9.6 billion, according to data released by the commerce ministry on Friday. read more
Jan 20, 2019 19:28
As per data from Indian Oil Corp, petrol price in Delhi was increased to Rs 70.95 per litre on Sunday while in Kolkata, Mumbai and Chennai the fuel cost Rs 73.05, Rs 76.58 and Rs 73.65 respectively. read more
Nov 10, 2018 19:11
More than 450 heavy and medium goods vehicles were sent back from Delhi borders due to a three-day ban on their entry till Sunday, authorities said. According to Joint Commissioner of Police (Traffic) Alok Kumar, 1,559 vehicles were checked and 1,078... read more
Oct 14, 2018 13:03
Similar trends were witnessed in Chennai, where the prices of petrol and diesel were hiked by Rs 85. 99 per litre and Rs 79. 71 per litre respectively. read more
Oct 07, 2018 22:58
“We reiterate our demand to bring in petroleum products under the ambit of GST so as to completely demolish this sheer hypocrisy of credit seeking just before the electoral season,” said Congress spokesperson Pawan Khera. read more
Oct 04, 2018 21:15
Kerala finance minister TM Thomas Issac said the Centre has reduced its tax on petrol by Rs 1.50 per litre after hiking it by Rs 9. read more
Sep 24, 2018 10:19
Other metros recorded a similar hike as petrol prices were recorded at Rs 82.72 per litre in Delhi, Rs 84.54 per litre in Kolkata, and Rs 85.99 per litre in Chennai. read more
Jun 08, 2018 16:32
While petroleum products like kerosene, naphtha and LPG are under the ambit of GST, five items in the basket -- crude oil, natural gas, aviation fuel, diesel and petrol -- have been excluded during the initial years. read more