India moving away from fuel subsidy is widely considered one of the most significant economic reforms, giving the government enough room for expanding its social and subsidy expenditure beyond ...
Diesel prices in India are based on dynamic fuel pricing system and hence revised on a regular basis. The diesel rates are revised at 6 am every day. This dynamic pricing ensures that even a ...
Why do India's diesel prices change over time? Even though fuel prices in India are roughly equal to the global crude oil price, prices are modified by State-owned OMCs thusly. This tends to help ...
These fuel additives are available for petrol and diesel engines and promise a wide range of benefits, from keeping carburettors, injectors and intake valves clean, to removing water from the fuel ...
it is then up to the dealer to add other costs involved in running the pump as well as supplying the fuel, which eventually adds up to the selling price of diesel. Who are the major players in the ...
Starting Tuesday, Nov. 5, gasoline prices will decrease by P0.10 per liter, diesel will increase by P0.75 a liter, and kerosene will receive a P0.50 increment. As of this writing, Shell Pilipinas, ...
In 2024, it would result as the 16 th consecutive year for the demand of crude oil and petroleum products to be on a rise in India. The oil and gas sector is among the eight core industries in ...
As of now, petrol and diesel don't come under the purview of GST. The value of the rupee also has a bearing on domestic fuel prices. A weak rupee increases the landed cost of dollar-denominated ...
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A fuel cell is a device that generates electric energy through electrochemical reactions between an oxidizing agent and a fuel – a material that stores energy in chemical form. Both species are ...