petroleum products

petroleum products News

Petroleum products should be under the ambit of Goods and Services Tax: Dharmendra Pradhan

Petroleum products should be included under the proposed Goods and Services Tax (GST) regime, even as a final decision would be taken when the state governments come on board on it, the petroleum ministry said on Monday. Replying to questions in the Lok Sabha, petroleum minister Dharmendra Pradhan said a combined 52 per cent tax […]

Exports dip 5% in Oct; trade gap widens on surge in gold imports

Imports of the yellow metal jump to $4.17 billion.


Petroleum products pull December exports down; imports fall, trade deficit narrows

Exports had grown by 5.86 per cent in November.

India needs strong domestic manufacturing base in electronics,telecom,says PM

By 2020,it is estimated that India will be importing electronics products worth about $300 bn.

Diesel price hike coming as M Veerappa Moily slashes deregulation deadline

Diesel price hike of 50p a litre has been happening,but govt wants quick end to process.

States oppose petro products,liquor in GST

States on Monday opposed the inclusion of petroleum products and liquor under the ambit of proposed GST.


Increase diesel price by Rs 4 immediately: Parikh panel

The panel has favoured continuing the existing pricing principles for controlled petroleum products.

'Diesel,LPG prices likely to be raised'

Earlier on July 10,Veerappa Moily has asked P Chidambaram to provide an additional Rs 63,000 crore

Moily's plan to save the Indian rupee: Shut petrol pumps at night

Petroleum ministry is planning to do away with 24-hour petrol pumps as part of austerity measures.

India's oil reserves to last only for 20 years

In both oil & gas,it's a hand-to-mouth existence for India right now,data analysed by FE show.