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Petroleum Minister Dharmenda Pradhan on Wednesday defended the daily price revision mechanism calling it rational and transparent.

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Building consensus among states over bringing petrol under GST:...

Currently, there is a wide disparity in the price of petroleum products due to different taxes in the states.

25 Oct 2017 9:40 AM IST

Finance Minister Arun Jaitley said that the government gave opportunity to people to come clean about their accounts held abroad. (Photo: Twitter/ANI)

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Jaitley urges states to slash VAT on petrol, diesel to counter price...

Petrol price rose by Rs 7.8 since early July to reach over three-year high of Rs 70.88 a litre in Delhi.

4 Oct 2017 8:16 PM IST

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Dharmendra Pradhan urges states to cut VAT on fuel by 5 per cent

He also went on to say that states are the ultimate beneficiaries of tax collection on petrol and diesel.

4 Oct 2017 5:24 PM IST

Oil Minister Dharmendra Pradhan on Tuesday made a strong case for inclusion of natural gas in the Goods and Services Tax. (Photo: PTI)

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Dharmendra Pradhan bats for inclusion of natural gas in GST ambit

Crude oil, petrol, diesel, aviation turbine fuel (ATF) or jet fuel and natural gas are not included in GST.

28 Nov 2017 4:38 PM IST

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Oil Minister defends mega oil refinery amid e-vehicle push

Pradhan's comment comes after Transport Minister Nitin Gadkari announced that only electric cars would be produced in...

28 Nov 2017 2:21 PM IST

Mr Putin said he expected the world oil market soon to be balanced.

Business

Indian refiners processed record oil volume in October

India, which imports about 80 percent of its oil needs, has emerged as a key driver of growth in global oil demand.

24 Nov 2017 8:50 AM IST

Business

Petrol prices should be brought under GST: Dharmendra Pradhan

As of now, petrol prices contain other elements like Centre-imposed excise duty, state-imposed VAT and dealer's...

18 Sept 2017 5:50 PM IST

$\The current level of international product prices of petrol and diesel and Rupee-US Dollar exchange rate warrant increase in selling price of petrol and decrease in selling prices of diesel.$ Business

Petrol, diesel prices at 3-year high: Why rates may go down under GST

It has been noted that ever since rollout of dynamic pricing system, prices of petrol rose by as much as Rs. 4.92-7.21...

15 Sept 2017 11:14 AM IST

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Pradhan backs daily price revision, favours bringing petrol, diesel...

Pradhan said global oil refining capacity has dropped by 13 per cent due to Irma and Harvey.

13 Sept 2017 5:08 PM IST

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India renegotiates pricing of LNG with Exxon: Oil Minister

The Gorgon gas prices are now linked to about 13-13.5 percent of the global oil price on a delivered basis.

10 Sept 2017 5:43 PM IST

Oil Minister Dharmendra Pradhan. (Photo- PTI)

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Pradhan speaks to US Energy Secretary on slump in fuel demand due to...

India's petrol sales have fallen 15.5 per cent in March, while diesel sale has slumped 24.2 per cent

5 April 2020 3:55 PM IST

Business

New biofuel policy in the works, eyes Rs 1 lakh crore investment

Use of biofuel extracted from non-edible oils will help meet target of reducing imports by 10 per cent by 2022.

10 Aug 2017 6:26 PM IST