Category : Economy


Fuel Duty Cut, Iran Deaths Top 1,900 in US-Israel Strikes

The Indian government announces a significant reduction in excise duty on petrol and diesel to ease consumer burden. Meanwhile, Iran reports over 1,900 fatalities since the start of US-Israel military strikes, escalating regional tensions.

Fuel Tax Cut Fails to Lower Petrol and Diesel Prices in India

Despite a significant ₹10 per liter excise duty reduction on fuel, petrol and diesel prices in India remain stable. The government is using the tax cut to offset losses for oil companies amid surging global crude prices, prioritizing inflation control ove

India Cuts Fuel Taxes Amid Global Oil Price Surge

The Indian government has slashed excise duties on petrol and diesel to absorb the impact of soaring global crude prices triggered by Middle East conflicts. Retail fuel prices are expected to remain stable despite the tax cuts.

India Cuts Fuel Excise Duties Amid Global Oil Price Surge

The Indian government has drastically reduced excise duties on petrol and diesel, eliminating the levy on diesel and cutting petrol duty to Rs 3 per litre, in response to soaring crude oil prices driven by the West Asia crisis.

Rupee Hits Record Low of 94.1550 Against Dollar

The Indian rupee extended its losing streak, falling 0.2% to a fresh record low of 94.1550 against the US dollar. Persistent FII outflows and Middle East tensions continue to weigh on sentiment, despite supportive cues like lower crude prices.

India Cuts Special Additional Excise Duties on Fuel

The Indian government has reduced special additional excise duties on petrol and diesel to provide relief to consumers and manage inflation. This move aims to lower fuel prices and support economic stability.

Govt Bans Unfair LPG Charges in Restaurant Bills

The Central Consumer Protection Authority has issued an advisory banning hotels and restaurants from adding LPG or gas charges to bills, declaring it an unfair trade practice under the Consumer Protection Act, 2019.

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