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Kerala Fuel Dealers Withhold Credit for Govt Vehicles Over Unsettled Dues

12-Dec-2023 Kerala

The petroleum dealers have made the decision to stop providing fuel to state government vehicles on credit as of January 1 due to the Kerala government's mounting debts to them and their dire financial...

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Delhi: ‘Petroleum products can be brought under GST if consensus reached’

15-Feb-2023 Delhi

Finance Minister Nirmala Sitharaman on Wednesday February 15 said that if states arrive at a consensus, then petroleum products can be brought under the GST...

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Pak caves in to IMF, petrol prices increase by one fourth

27-May-2022 Asia

In a surprise move, the Pakistan government increased the rate of petroleum products by 30 PKR per litre, or up to one-fourth of their existing...

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Pakistan mulls reduced working days in a week to save fuel

23-May-2022 Asia

Amid rising oil consumption and import bill owing to higher international prices, the Pakistan government is mulling the possibility of fuel conservation through reduced working...

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IOC to pump fuel directly to Lanka’s electricity supplier

26-Jan-2022 Asia

Indian Oil Corporation (IOC) will provide fuel directly to state-run electricity provider Ceylon Electricity Board (CEB) to ensure continuous power supply in the island...

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Crude oil: US inventories up last week

03-Nov-2021 Economy

API has reported an increase of 3.594 million barrels of crude oil in US inventories for the week ending October...

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Relief on medicines extended, but petroleum still out of GST bounds

18-Sep-2021 Economy

The GST Council on Friday decided to extend the applicability of relief on medicines but did not include petroleum products in its...

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India’s August exports rise over 45%, imports by over 51%

03-Sep-2021 Economy

Imports increased by 17.95 per cent over $39.85 billion in August...

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