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The Sri Lankan government on Tuesday had announced a USD 1.2 billion economic relief package amidst a severe foreign exchange crisis
"Oil prices are supported as gasoline markets remain tight amid solid demand heading into the peak U.S. driving season," said SPI Asset Management Managing Partner Stephen Innes
The Tamil Nadu government on Sunday described the Centre reducing taxes on petroleum products as 'partial' and said "it is neither fair nor reasonable to expect States to reduce their taxes."
Earlier in 2008, RIL had compensated dealers when it shut retail outlets due to high crude oil prices and lack of support from the government
'Booster Diesel' will meet the demand for diesel by various end-users at their doorstep, according to a release
After modifying two of its A320 aircraft, AirAsia India had on November 23 last year started using taxibot to tow them at the Delhi international airport
A statement from the office of PM Mario Draghi read, excise taxes on gasoline, diesel fuel, liquified petroleum gas, and all forms of natural gas will be lowered starting Tuesday, until atleast July 8
Colombo was also in talks with New Delhi over extending the credit line by an additional $500 million, minister Kanchana Wijesekera told a news conference.
Bommai also said that if other states reduce the taxes, it will help neighboring states
The Value Added Tax (VAT) on petrol in Telangana is 35.2 per cent while it is 27 per cent on diesel
Her retort came a few hours after Prime Minister Narendra Modi, in a virtual interaction with chief ministers, flagged higher fuel prices in opposition-ruled states
The venture plans to set up a manufacturing unit, Research & Development and a repair centre in Gurugram, Haryana, a statement said.
Fuel costs are the lowest in Poland
The Bihar government had on November 4 last year, reduced its Value Added Tax (VAT) on petrol and diesel, a day after the Centre slashed excise duty on the products
This is the 13th increase in prices since the ending of a four-and-half-month long hiatus in rate revision on March 22.
Sri Lanka is currently experiencing its worst economic crisis in history
Petrol in Delhi will now cost Rs 103.81 per litre as against Rs 103.41 previously
Petrol is now selling at Rs 103.41 per litre in Delhi and diesel is trading at Rs 94.67 per litre.
The island wide curfew has been imposed with effect from 6 pm Saturday to 6 am Monday (April 4), the information department said.
As the shipment arrived, the Ceylon Electricity Board (CEB) announced that 13-hour power cuts would now be reduced to nearly 2 hours from Sunday.