Government may not cut excise duty on petrol, diesel for now
Government may not cut excise duty on petrol and diesel in the near-term if it accepts the suggestions made in the approach paper submitted by Chief Economic Adviser for maintaining status quo when oil prices can climb by another USD 15 a barrel.
Jul 03, 2016, 13:25 PM IST
Oil price of up to $60 will not hurt fiscal maths: Jayant Sinha
As crude oil price hit an 11-month high of USD 50 per barrel, the government today said its fiscal maths and inflation calculations will not be impacted if the commodity stays below the USD 60 mark.
Jun 10, 2016, 15:49 PM IST
Fuel shocker! This is why petrol prices are going to surge high
Global crude prices are on the upswing and may soon set domestic petrol and diesel prices on fire.
Jun 10, 2016, 14:59 PM IST
'Crude fall above RBI expectation, to help fight inflation'
The ongoing decline in oil prices is more than what RBI has expected and this will help in fighting inflation, central bank's Executive Director Deepak Mohanty said on Tuesday.
Nov 11, 2014, 20:19 PM IST
