There are a few factors that can influence the retail price of diesel fuel. These include: The cost of crude oil: Diesel is made from crude oil, so the price of crude oil can have a big impact on ...
With lesser people using fuel based cars, the cost to produce petrol and diesel will begin to increase as it no longer will be able to leverage at the scale it once used to enjoy. Collectors of ...
As of now, petrol and diesel don't come under the purview of GST. The value of the rupee also has a bearing on domestic fuel prices. A weak rupee increases the landed cost of dollar-denominated ...
In 2024, it would result as the 16 th consecutive year for the demand of crude oil and petroleum products to be on a rise in India. The oil and gas sector is among the eight core industries in ...
India moving away from fuel subsidy is widely considered one of the most significant economic reforms, giving the government enough room for expanding its social and subsidy expenditure beyond ...
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The Food and Drug Administration has signaled that it may finally crack down on the use of the additive known as red dye No. 3, an artificial dye that gives a cherry-red coloring to thousands of ...
Diesel prices in India are based on dynamic fuel pricing system and hence revised on a regular basis. The diesel rates are revised at 6 am every day. This dynamic pricing ensures that even a ...
The rates of each city can differ slightly in the state because of the multiple charges and fuel taxes. In the case of diesel cars, the initial purchase cost is high but the efficiency is better ...
Fuel prices play a vital role in the country's economic growth, as an increase or decrease in rates has a direct impact on the level of inflation. Earlier, oil prices were revised on a monthly ...