fuel tax

Indian market closed in the red for the third consecutive day on Friday. The S&P BSE Sensex closed below 53,000 while Nifty50 recouped some losses and closed above 15,750 levels. Sectorally, buying was seen in FMCG, Realty, finance,…

India will probably borrow the entire 1 trillion rupees ($12.9 billion) that the government will forgo as revenues due to a cut in gasoline and diesel levies,…

Oil marketing companies have kept the prices of diesel and petrol unchanged across major Indian cities since November 3, when the Centre and some states reduced duties…

Reserve Bank Governor Shaktikanta Das on Wednesday ruled out upside risks to the 5.3 per cent inflation forecast for the current fiscal, saying the recent cut in excise duty on diesel and petrol as well as better management of supply-side…