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t pointed that even after rising in the last three months, crude oil prices are mere half of $107 per barrel in May, 2014.

India to beat China as fastest-growing Asian petro product market

Moody's said it expects its refined product demand growth will moderate to 2.5 to 3 per cent in 2017-18.

3 Oct 2017 8:29 PM IST

File image of a man counting cash at a petrol pump.

Cess on petrol won't be cut, says Raosaheb Danve

Danve said the required amount for farmer loan waiver would be deposited in banks by October end, as promised by the...

28 Sept 2017 6:23 AM IST

Oil Minister Dharmendra Pradhan

Fuel prices will come down in next few days: Oil min Dharmendra...

Pradhan also expressed hope that petroleum products will soon be brought under the ambit of GST.

23 Sept 2017 6:35 PM IST

Dharmendra Pradhan (Photo: PTI/File)

Need tax uniformity on petroleum products, says Pradhan

Ministry of Finance to bring petroleum products under the ambit of GST in the interest of consumers.

17 Sept 2017 12:59 PM IST

Oil Minister Dharmendra Pradhan today said the government is keeping a close eye on international prices.

Petroleum products need to be brought under GST: Pradhan

The prices of petroleum products are all time high in past four years in international market.

21 April 2018 10:19 AM IST

Oil Minister Dharmendra Pradhan today said the government is keeping a close eye on international prices.

Pradhan for inclusion of petroleum products in GST ambit

The state governments are gradually making up their mind in this direction.

6 April 2018 9:12 AM IST

Chief Economic Adviser Arvind Subramanian termed the GST launch a big transformational event of 2017-18. (Photo: ANI)

Fuel, land and electricity will be under GST, says CEA Arvind...

He also praised the central bank for handling of rupee volatility.

20 July 2018 11:56 AM IST

The GST Council could consider bringing natural gas within the purview of Goods and Services Tax in its next meeting, an official said on Friday.

GST Council to drop natural gas, jet fuel from agenda in next meeting

The all-powerful GST Council is set for a meeting on Saturday.

19 July 2018 4:14 PM IST

Revenue Secretary Hasmukh Adhia. (Photo: File)

Petroleum products to be brought under GST in stages: Adhia

Currently, diesel, petrol, crude oil, natural gas and aviation turbine fuel are outside the purview of GST.

6 July 2018 3:30 PM IST

Free Trade Agreements (FTAs) have not benefitted India much. Exports to countries with whom India has entered into FTAs have grown by a meagre 10 per cent in FY19, while the imports have grown by 27 per cent.

Exports to rebound in 2020 but growth to remain subdued

Commerce Secretary Anup Wadhawan said the current slowdown in exports is mainly due to a decline in petroleum products.

28 Dec 2019 12:38 PM IST

The oil ministry held a meeting with refiners on Thursday, urging them to scout for alternatives to Iranian oil, the sources said. (Representational Image/AFP)

India to surpass China to become 2nd largest oil demand centre in 2019

During April-December, consumption of petroleum products has been 157.4 million tonnes, up 2.5 per cent.

22 Jan 2019 4:09 PM IST

Union Minister Dharmendra Pradhan (ANI)

Govt concerned about inflation, will control it in time: Pradhan on...

Pradhan said that India India imports 80 per cent of petroleum products which has led to an increase in the prices

31 Oct 2021 11:23 AM IST