Page 10 - Diesel

Pipeline spills 300,000 gallons of diesel near New Orleans: Report

The spill from the 16-inch (40-centimeter) diameter line operated by Collins Pipeline Co. was discovered December 27 near a levee in St. Bernard Parish, just east of New Orleans

India's gasoil sales rise in Dec, but Omicron seen dampening demand

Movement of gasoil-consuming trucks in India picked up in December as more fruits and vegetables were transported across the country than usual that month

Govt allows Delhi NCR-based pharma and device makers to use diesel gensets

This decision also applies to factories in NCR which manufacture life saving drugs and devices.

Despite EV hype, will India be the last major economy to ditch auto fuels?

There are over 3 million CNG-fuelled vehicles registered in India

Delhi govt likely to slash VAT on petrol, diesel prices today

In the Delhi Cabinet meeting on Wednesday, the government is likely to decrease VAT on petrol and diesel

Govt's excise mop-up from petrol, diesel doubles to Rs 3.7 trillion in FY21

The increase in the collection was mainly on account of rise in the incidence of taxation on fuels

No immediate consumer relief expected in petrol, diesel prices

Oil companies cautious over crude oil price fluctuations

Chhattisgarh govt announces reduction of VAT on petrol, diesel

The Chhattisgarh government on Monday decided to reduce Value Added Tax on petrol and diesel by 1% and 2%, respectively.

Petrol, diesel demand growth to halve due to CNG, ethanol, EV push: Crisil

Refiners may need to trim capacity expansion plans

India's diesel demand dips in first half of November, show govt data

India's gasoil consumption, which accounts for about two-fifths of the country's fuel demand, typically rises during a month-long festival season that ended earlier this month

Centre to bear full revenue loss on petrol, diesel excise cut: Fin Min

The entire revenue loss on account of reduction in excise duty on petrol and diesel by Rs 10 and Rs 5 a litre respectively will be borne by the Centre

Fuel prices remain static for 11th straight day as global prices softens

Fuel prices remained unchanged in the country on Monday after the revision of duties, providing a much needed relief to consumers from the consistent increase in the rates earlier.

Statsguru: Six charts explain declining diesel consumption in India

With available data, commercial vehicles, most of which run on diesel, are the top users

Petrol prices reduced in Punjab after VAT cut, Ladakh sees diesel price cut

Punjab has seen the biggest reduction in price of petrol after it cut local sales tax or VAT the most while Union Territory of Ladakh witnessed the largest reduction in diesel rates for same reason.

Fuel tax cuts to impact states' kitty by Rs 44,000 cr in FY22: Icra

While the Centre has reduced the road cess component of excise duty which is not shared with states, the cut will bring down the VAT kitty by Rs 9,000 crore, rating agency says

Bringing petroleum products under GST to cut taxes on petrol, diesel: Gadkari

The move would also increase the revenue of both the Centre and states, Union Minister Nitin Gadkari said on Wednesday

HC issues notice to GST council over non-inclusion of petrol, diesel prices

The court issued the notice to the Goods and Services Tax Council on Monday

Petrol, diesel price continues to remain unchanged after duty cuts

After big cuts in petrol and diesel prices following the Centre and states reducing taxes, fuel prices have remained unchanged

Chandigarh cuts VAT on petrol, diesel by Rs 7/litre after excise duty cut

With the Centre slashing excise duty on petrol and diesel, the Chandigarh Administration has also announced a reduction of Rs 7 per litre in VAT on fuels making them cheaper in the Union Territory.

Nothing short of stimulus: Fuel tax cuts may boost consumption by Rs 35K-cr

With revenues set to exceed the annual target by Rs 2 trillion, a softer revenue loss that boosts consumption will provide immense relief, especially to lower income households