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    Indian government raises fuel taxes by Rs3 per litre

    14 Mar 2020

    The move comes at a time when India is staring at the highest ever tax collection shortfall, as corporate and income tax collection for this fiscal year is set to fall for the first time in at least two decades and the goods and services tax revenue could see a gaping shortfall.

    India’s fuel prices may rise again from next week

    07 Aug 2020

    Consumers might see fuel prices going up again as oil companies are bracing up to pass the rise in global crude and product prices on retail sales.

    Fuel prices rise by 24-29 fils for February 2022 in UAE

    31 Jan 2022

    The fuel prices for February-2022 in the UAE have witnessed a remarkable increase compared to last month (January) up by 24-29 fils per liter, according to the fuel distribution companies.

    India’s fuel demand hits 8-month peak in November

    10 Dec 2022

    India’s fuel demand climbed to an eight-month high in November, government data released on Friday showed, as festivals and a pick-up in industrial activity boosted sales in the world’s No. 3 oil consumer.

    Fuel prices up by 30 fils for March in UAE

    28 Feb 2022

    As the prices of all types of fuel exceeded the Dhs3 dirhams for the first time in the history in the UAE. These prices include a value-added tax of 5 per cent.

    India’s finance ministry likely to cut taxes on petroleum products

    02 Mar 2021

    India’s finance ministry is considering cutting excise duties on petrol and diesel to cushion the impact of record high domestic prices, three government officials close to the discussions said.

    South Asian states seek alternative fuels as LNG prices hit record high

    15 Jan 2021

    Pakistan and Bangladesh are rationing gas and buyers across South Asia are seeking alternative fuels after spot liquefied natural gas (LNG) prices surged to record highs, government and industry officials told Reuters.

    VIDEO: Fresh violence in Kazakhstan after Russia sends troops to put down uprising

    05 Jan 2022

    Fresh violence raged in Kazakhstan's main city on Thursday after Russia rushed in paratroopers overnight to put down a countrywide uprising in the former Soviet state closely allied to Moscow.

    New Pakistan government says willing to curb fuel subsidies

    23 Apr 2022

    The country's new Prime Minister Shehbaz Sharif has vowed to jumpstart a moribund economy, certain to be a major issue in elections due next year. Pakistan has repeatedly sought international support and suffers from a chronically weak tax base.

    Pakistan’s new government decides not to roll back fuel, power subsidies

    16 Apr 2022

    Former premier Imran Khan, who was ousted in a confidence vote earlier this week, announced a cut in petrol and electricity tariffs in February, despite soaring global prices, in a bid to win back popular support.

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