Omc
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Windfall tax on crude petroleum slashed to zero by govt, effective from September 18
Business | Sep 17, 2024, 11:45 PM ISTThe Indian government has reduced the windfall tax on domestically produced crude oil to zero, effective September 18. Previously set at Rs 1,850 per metric ton, the cut comes amid a drop in global oil prices and could lead to lower petrol and diesel costs.
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Daily revision of petrol and diesel prices across India starting June 16
Jun 08, 2017, 04:20 PM ISTOil marketing companies are set to dump the current mechanism of fixing petrol and diesel prices on a fortnightly basis and instead move to a new mechanism across the nation from the second fortnight of this month
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Jaya asks Modi to put an end in fuel policy adopted by OMCs
India | Jul 31, 2014, 11:28 PM ISTChennai: Tamil Nadu Chief Minister J Jayalalithaa today requested Prime Minister Narendra Modi to put a “full stop” to the monthly increase in diesel price by oil marketing companies introduced during the previous UPA regime.Seeking
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'Re rally may not sustain as dollar demand from oil cos rise'
Dec 09, 2013, 09:06 PM ISTMumbai: Although the rupee gave a thumbs up to the assembly poll results, market observers say that the rally is likely to be short-lived as higher US dollar demand from oil marketing companies (OMCs) weigh.Bankers