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March 22, 2026, 03:40 PM - 2 min read
Prime Minister Narendra Modi will chair a ministerial meeting on Sunday to review petroleum, power and fertiliser supplies amid the West Asia conflict.
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September 12, 2024, 06:27 PM - 3 min read
Global crude oil prices dropped to a three-year low but have slightly rebounded. Indian oil firms may lower petrol and diesel prices if the trend continues, but cuts are likely closer to upcoming state elections.
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August 31, 2024, 02:17 PM - 1 min read
The government reduced the windfall tax on domestically-produced crude oil from ₹2,100 to ₹1,850 per tonne, effective Saturday.
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June 15, 2024, 12:54 PM - 2 min read
India first imposed windfall profit taxes on July 1, 2022, joining a host of nations that tax supernormal profits of energy companies.
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