India cuts ‘central excise duty’ on petrol and diesel by Rs 5 and Rs 10; several states reduce state taxes as well

India finally announced reduction in the ‘central excise duty’ on petrol and diesel by Rs 5 and Rs 10 respectively. The tax cut will bring down the central taxes on petrol and diesel to Rs 27.9 per litre and Rs 21.8 per litre, respectively, enabling even higher reductions in the retail prices of the two […]

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Farmers in Andhra Pradesh will now get diesel at their doorstep

Farmers in Anddhra Pradesh can now rejoice in the availability of diesel at their doorstep, owing to the introduction of the Bowser truck, a 6,000-litre mobile diesel dispenser. Many farmers who previously struggled to obtain diesel for tractors and other agricultural equipment may now obtain the fuel in villages rather than traveling to petrol stations, which are […]

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Commercial LPG cylinder prices hiked by Rs 266; to cost more than Rs 2,000 per cylinder

Liquefied petroleum gas (LPG) prices for commercial cylinders has been increased by Rs 266 per 19-kg cylinder. In the national capital, 19-kg commercial cylinders will now cost Rs 2,000.50 from Rs 1,734 earlier, according to news agency ANI. However, the domestic LPG cylinder rates were kept unchanged. In Mumbai, a 19-kg commercial gas cylinder will now cost Rs 1,950. In Kolkata, the commercial LPG […]

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