NEW DELHI: Fuel retailers in no rush to pass on to consumers the benefit of cheaper crude and will wait and watch for the market volatility to ebb before taking a call, a senior petroleum ministry official said on Thursday, even as brokerages estimated the companies are raking in Rs 8-9 as marketing margin on…
NEW DELHI: In a move to trim the debt burden and shore up state coffers, the Punjab government on Thursday decided to increase the value-added tax (VAT) on petrol and diesel.The CM Bhagwant Mann-led government has also slashed the subsidised power tariff for domestic consumers by Rs 3 that the previous Congress regime had rolled…
Bajaj Auto is gearing up for the much-anticipated launch of its CNG-powered motorcycle on June 18, 2024. Rajiv Bajaj, Managing Director of Bajaj Auto, confirmed the imminent arrival of the motorcycle during the launch event of the Pulsar NS400Z. With this upcoming model, Bajaj will be aiming to cater to cost-conscious customers amidst rising fuel…
Oil marketing firms have implemented price reductions for 19 kg commercial cylinders and 5 kg FTL (Free Trade LPG) cylinders, an ANI report said on Monday.A decrease of Rs 30.50 has been noted for the 19-kg commercial cylinder, setting its new price at 1764.50 in Delhi from April 1, according to sources.Furthermore, the cost for…
