2+ day, 17+ hour ago  (344+ words) The Medium and Heavy Commercial Vehicle (MHCV) segment is expected to remain strong through FY27-28, according to a report by Yes Securities. The report estimates a 6-8 per cent compound annual growth in volumes until total industry volumes (TIV) stabilise around FY31-32. "MHCV…...

5+ day, 12+ hour ago  (175+ words) The Centre has increased export duties on petroleum products, raising the levy on high-speed diesel to Rs 55. 5 per litre and on aviation turbine fuel (ATF) to Rs 42 per litre, according to a gazette notification issued by the Ministry of Finance....

1+ week, 2+ day ago  (257+ words) India's transition to electric mobility gathered significant momentum in FY26, with total electric vehicle (EV) retail sales rising by 24. 6 per cent year-on-year to approximately 24. 52 lakh units, according to data released by the Federation of Automobile Dealers Associations (FADA). The surge in…...

1+ week, 6+ day ago  (294+ words) The West Asia conflict may put some pressure on export volumes of the Indian automobile sector, leading to an increase in freight rates, higher commodity costs and potential supply chain disruptions due to logistical uncertainties, according to brokerage firm Antique…...

2+ week, 6+ day ago  (399+ words) The recent reduction in excise duty on petrol and diesel will mainly help oil companies absorb their losses and prevent an immediate rise in fuel prices, said Ajay Bansal, President of the All India Petroleum Dealers Association (AIPDA), on Friday....

2+ week, 6+ day ago  (388+ words) The Centre has reduced excise duty on petrol and diesel by "10 per litre each to cushion consumers from rising global crude oil prices amid ongoing tensions in West Asia. The move is expected to cost the government around "1. 75 lakh crore…...

2+ week, 6+ day ago  (278+ words) As the world is reeling under fuel shortages amid the West Asia crisis, driving up prices globally, the Modi government's decision to cut excise duty on fuel brings much-needed relief to citizens. While many nations have hiked diesel and petrol…...

2+ week, 6+ day ago  (333+ words) The government on Friday slashed excise duties for petrol and diesel bringing them down to Rs 3 per litre of petrol and zero for a litre of diesel. Windfall tax on export of diesel has been set at 21. 5 rupees/litre. The…...

3+ week, 11+ hour ago  (315+ words) The Assam government on Thursday assured that there is no shortage of fuel in the state, even as panic buying continued for a second consecutive day in several areas, including Guwahati. In a statement, the Chief Secretary's office said that…...

3+ week, 12+ hour ago  (463+ words) The Ministry of Petroleum and Natural Gas on Thursday assured that fuel supplies across the country remain stable despite ongoing geopolitical tensions in West Asia, urging citizens not to believe rumours or resort to panic buying. In an official statement,…...