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Oil cos likely to absorb Rs 2 per litre excise duty on unblended petrol 0
- India
- February 3, 2022
The Rs 2 per litre excise duty on unblended fuel is not likely going to impact most consumers according to officials from oil marketing companies. This additional duty on petrol proposed in the Budget 2022-23 will have to be absorbed by the oil companies instead. Highlighting Centre’s focus, Finance Minister Nirmala Sitharaman said, “Blending of fuel is
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Budget bets big on public infra: Subsidy bill falls as Covid concern eases 0
- India
- February 2, 2022
While presenting the Union Budget on Tuesday, Finance Minister Nirmala Sitharaman stressed the “overall sharp rebound and recovery” of the Indian economy from the Covid-19 pandemic. Yet this optimism did not extend to the Budget’s numbers, which assumed that nominal growth in 2022-23 would be 11.1 per cent in spite of a global inflationary environment and the
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ATF price hiked by 8.5%; touches all-time high 0
- Economy
- February 1, 2022
Jet fuel price on Tuesday rose to record levels across the country following a steep 8.5 per cent hike necessitated due to a spike in international oil prices. While the jet fuel or Aviation Turbine Fuel (ATF) price has been hiked for the third time in a month, petrol and diesel prices remained unchanged for
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PM Narendra Modi to address NCW’s foundation day programme 0
- India
- January 31, 2022
Prime Minister Narendra Modi will address the 30th National Commission for Women (NCW) Foundation Day programme on Monday via video-conferencing, his office said. The state commissions for women, the departments for women and child development in the state governments, university and college teaching faculty, students, voluntary organisations, women entrepreneurs and business associations will be part
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