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Govt increases duties on exports of diesel and aviation turbine fuel

New Delhi, April 12 -- The government has raised duties on diesel exports from Rs.21.50 to Rs.55.50 a litre and on aviation turbine fuel (ATF) from Rs.29.50 to Rs.42 a litre, mainly targeting private ... Read More


Finance ministry's monthly economic review flags uncertainty ahead

New Delhi, March 29 -- The Indian economy faces an uncertain near-term outlook, with the war in West Asia and the blockade of the Strait of Hormuz raising risk to inflation in medium term, the finance... Read More


Private refiner Nayara hikes petrol, diesel prices amid US-Iran war

New Delhi, March 27 -- Private refiner Nayara Energy raised petrol prices by Rs.5 a litre and diesel by Rs.3 a litre on Thursday - becoming the first oil marketing company to revise auto fuel rates si... Read More


Switch to PNG if available or lose LPG supply: Govt's order to households amid shortage concerns

New Delhi, March 26 -- The government has ordered households in areas with existing piped natural gas infrastructure to switch from LPG cylinders to PNG connections within three months of receiving no... Read More


Switch to PNG or lose LPG supply: Govt orders shift in pipeline areas

New Delhi, March 26 -- The government has ordered households in areas with existing piped natural gas infrastructure to switch from LPG cylinders to PNG connections within three months of receiving no... Read More


Centre making all efforts to provide LPG for commercial use

New Delhi, March 24 -- The Centre is making every effort through state governments, to provide scarce liquefied petroleum gas (LPG) equitably to commercial customers such as community kitchens, dhabas... Read More


Oil companies hike industrial diesel price by 25%, premium petrol rates by rRs.r2 amid US-Iran war

New Delhi, March 21 -- State-run oil marketing companies (OMCs) raised the price of industrial diesel and premium petrol on Friday as surging global crude prices - driven by the West Asia conflict - p... Read More


Exporters to get rRs.r497-cr relief package to offset war disruption

New Delhi, March 20 -- Amid heightened concerns around the Strait of Hormuz and the deteriorating global geopolitical situation due to the war in West Asia, the government on Thursday announced a Rs.4... Read More


India has diversified LPG sources, says Hardeep Singh Puri amid panic over supply

New Delhi, March 13 -- India has "actively" diversified its liquefied petroleum gas (or cooking gas) imports to alternate suppliers such as the US, Norway, Canada, Algeria, and Russia, in addition to ... Read More


West Asia conflict: No immediate energy shortage, India has sufficient reserves, says ministerHardeep Puri

New Delhi, March 4 -- The West Asia conflict does not pose any immediate threat to India's energy security, according to people aware of the matter who cited what they said were crude oil and fuel sto... Read More