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Tag: Petrol and Diesel

Trump Tariffs Push India to Pause Russian Oil Imports

Trump Tariffs Push India to Pause Russian Oil Imports

Refiners Pull Back Amid Tariff Tensions India’s state-owned oil companies have paused spot purchases of Russian crude after the United States increased tariffs on Indian exports. Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL) are skipping their upcoming buying cycle of Russian oil. The decision comes as the […]

Govt Hikes Excise Duty on Petrol, Diesel by ₹2/Litre

Govt Hikes Excise Duty on Petrol, Diesel by ₹2/Litre

Petrol & Diesel Prices: According to a Department of Revenue statement, the national government increased the excise taxes on gasoline and diesel by Rs 2 per litre, with effect from Tuesday. At the moment, the government levies an excise tax on petrol of Rs 19.90 per litre. It will be raised to Rs 21.90 per […]

Will Petrol Prices in India Drop? A Decade-Long Wait Ends

Will Petrol Prices in India Drop? A Decade-Long Wait Ends

Petrol Prices in India: Ever since Donald Trump assumed the US presidency, there have been many changes not only in global politics but also in economic activity. Trump’s tariff has forced countries around the world to change their economic activities. On the other hand, Gulf countries and countries that have crude oil reserves have also […]

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