The government can afford to bring down retail prices of petrol and diesel that will directly cool inflation as well as immediate relief to the pocket
After the recent increase, ATF prices have reached their highest level in 10 months. After the latest price hike, prices have increased by 32 percent
After Russia invaded Ukraine, crude oil prices shot up on supply concerns at the same time geopolitical tensions also increased volatility in financia
Oil companies are bearing a loss with their existing marketing margin of Rs 3-4 a litre being trimmed
The agency expects BPCL's marketing sales to improve from 41 million tonnes in FY 21 to 43 million tonnes in FY 22, which was 6% below the FY 20 level
To use this facility, customers must inform the pump attendant, who would then scan the vehicle's FASTag or car number plate