
The Indian government will lift restrictions on petrol and diesel sales starting July 1, following an improvement in fuel supplies. The move indicates stability in fuel distribution and supply in India, as per the Centre.


Sitharaman said the Centre reduced central excise duty on petrol and diesel, resulting in a revenue impact of over ₹1 lakh crore, to reduce logistics costs and shield businesses from rising global crude prices
CNG prices in Delhi have seen another Re 1 hike, the third in ten days, following similar increases in petrol and diesel. This surge is attributed to global energy market pressures stemming from Middle East tensions and the Strait of Hormuz blockade, which ha…