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Government Announces Hike in LPG Prices and Excise Duties on Petrol and Diesel, Impacting Millions

James Carter 08 Apr, 2025

The Indian government has increased LPG prices for all categories, including subsidized Ujjwala scheme refills, and raised excise duties on petrol and diesel. This adjustment aims ...

Business

Moody's Report: Indian Companies Largely Shielded from Rupee Volatility

Sarah Mitchell 24 Jan, 2025

Moody's reports that most Indian companies it rates are insulated from the adverse effects of rupee depreciation, with government-owned oil marketing companies, Ola, and UltraTech ...

Business

Higher Petrol and Diesel Margins: A Boon for Oil Marketers Amid Lower Crude Prices

Christopher Adams 13 Dec, 2024

The marketing margins on petrol and diesel have risen significantly, reflecting a 34% jump over the previous quarter, driven by lower crude prices and steady refining operations.