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Petrol pump operators seek financial support as losses mount on falling fuel sales

By : Sustainability ..., Apr 13, 2020

With coronavirus eviscerating demand, petrol pump operators on Friday said per pump sales have fallen to less than one-tenth, leading to heavy losses in establishment and employee cost. The All India Petroleum Dealers Association (AIPDA), which claims to represent the bulk of...

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Excise duty hike on petrol, diesel: Govt to garner Rs 39,000 crore

By : Sustainability ..., Mar 16, 2020

The government on Saturday hiked excise duty on petrol and diesel by a steep Rs 3 per litre each to garner about Rs 39,000 crore additional revenue as it repeated its 2014-15 act of not passing on gains arising from slump in international oil prices. Retail prices of petrol...

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Panel to consider allowing private companies to sell subsidised LPG

By : Sustainability ..., Jun 11, 2019

The government has set up an expert panel to consider allowing private firms to sell subsidised cooking gas — a long-standing demand for companies like Reliance Industries because state firms...

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Govt to raise target for ethanol blending of petrol

By : Sustainability ..., Nov 23, 2018

The government intends to further increase the target level for the Ethanol Blended Petrol (EBP) programme that aims to bring down India's imports of petroleum products, as also provide cleaner...

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Niti Aayog moots single regulator for energy sector

By : sustainabilityo..., Jun 29, 2017

Government think-tank Niti Aayog has made a case for a single regulator to govern India’s energy market to make ‘India’s...

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