Japanese major's idea part of strategy to double sales in emerging markets by 2017.
A graphic showing how the average prices for petrol and diesel have moved over the last ten years.
Movement of prices in international oil market and rupee-USD exchange rate will be monitored
Deepika Padukone, who makes her Hollywood debut with him in the film xXx: The Return of the Xander Cage, also arrived with him.
One of the challenges on diesel engine is refinement.
Notwithstanding the robust turnaround in the financial performance for the June quarter (Q1FY24), stocks of state-run oil marketing companies have been in a downtrend in the last month. The fall comes on a rise in crude oil prices that have surged to a 7-month high of $88 a barrel. A busy political calendar in the months ahead that may see the government keep a lid on auto fuel prices is also a dampener, analysts said. Shares of Hindustan Petroleum (HPCL), Bharat Petroleum (BPCL) and Indian Oil (IOC) have shed 9-11 per cent since their respective earnings announcement between July 26 to August 4.
Putin asks to send the puppy which will be trained to replace Diesel, the French police dog that died during St Denis raid.
The Vin Diesel film had the best collections amongst all the movies in the running across the country.
Honda Motors has developed its own diesel power-trains.
'If petro products are brought into GST, then there will be minor impact on the incidence of tax... and minor impact on prices. The price of petrol, diesel will continue to be driven by global factors'
Move to be aimed at reducing subsidies on the fuel.
India is now much ahead of other large railway networks in the world in terms of electrification -- with the US at just 1 per cent, China at 72 per cent and Europe at 60 per cent.
The government has cut windfall gains tax on domestically-produced crude oil to nil while continuing the rate at zero on the export of diesel and ATF. The government has slashed the special additional excise duty (SAED) on crude oil produced by companies such as Oil and Natural Gas Corporation (ONGC) to nil from Rs 4,100 per tonne with effect from Tuesday, an official order dated May 15 said. This is the second time that the levy, which was introduced in July last year in the form of a cess to tax supernormal gains of oil producers and fuel exporters, has been cut to nil for domestically-produced oil.
It all depends on many kilometres would you clock in a month.
Toyota Kirloskar Motors Limited has launched the diesel version of Toyota Corolla Altis in the country recently.
This will be the sixth consecutive price cut for petrol since August.
Allies and opposition parties tonight attacked the government over the hike in diesel prices saying it will further hit the common man and demanded an immediate rollback.
The government on Monday said it would not free diesel prices from its control in hurry as the move would lead to sharp rise in price of fuel most used in the transport sector.
The government had in June deregulated the prices of petrol but did not take a decision on diesel, which is used by various industries and the transport sector.
If you opt for a petrol variant, you will need to reapply for loan.
India Inc has said the decision to hike in diesel price was "inevitable" and this would help in fiscal consolidation.
The Israel-Hamas conflict is expected to impact the trade of gems and jewellery between India and Israel, exporters said on Monday. Colin Shah, MD, Kama Jewelry, said the war can "adversely" impact Indian exports to Israel. Total gems and jewellery trade between India and Israel stood at $2.04 billion in 2022-23 as against $2.8 billion in 2021-22.
Pitting itself directly against Maruti Swift Diesel, Tata Motors plans to launch a 1.3 litre diesel variant of its small car Indica with a common rail direct injection (CRDi) engine developed in-house in the next few months.
State-owned oil companies have virtually stopped producing premium or branded petrol and diesel as sales have plunged due to huge differential in rates when compared with non-branded or ordinary fuel.
The auto industry, however, said any such step to impose additional taxes on the sector will not 'make sense'.
Petrol and diesel prices across the country will increase by 9-13 paise a litre with effect from Tuesday midnight, after the government decided to increase the commission to petrol pump dealers.
The government had in January authorised state-owned oil firms to hike diesel prices by small doses of up to 50 paisa per litre every month.
Public sector oil marketing companies currently lose Rs 11.65 per litre on diesel.
The new variant Scala RxE extends the Renault diesel portfolio and offers customers a competitive and well-packaged diesel option, Renault India said in a statement.
The government will require poll panel's nod if it decides not to effect a price increase.
It will house the company's first diesel engine developed for markets like India.
Diesel should be sold at market-driven prices, which the Indian automobile industry is demanding for long, only for the luxury players.
The government has brought back the windfall profit tax on domestically produced crude oil after international prices firmed up while the levy on export of diesel has been cut to nil, according to an official order. The levy on crude oil produced by companies such as Oil and Natural Gas Corporation (ONGC) is now Rs 6,400 per tonne with effect from Wednesday, the order dated April 18 said. At the last revision on April 4, windfall tax on domestically produced crude oil was cut to nil as international oil prices dipped below $75 per barrel.
Hyundai Motors India, the country's second-largest car firm, launched the diesel version of its top-end sedan Sonata Embera tagged at an introductory price of Rs 14.75 lakh (ex-showroom Delhi).
The innovation was recently conferred the gold medal at the Innovators' Award established by aerospace giant Lockheed Martin Corporation under its India innovation growth programme.
The limited availability of flexible (flex)-fuel vehicles in the Indian market and the slow rollout of ethanol-blended petrol by oil-marketing companies (OMCs) remain major obstacles to achieving widespread use of biofuels in the transportation sector in India. Recently, two Union ministers have emphasised India's biofuel potential, arguing that it has the capacity and potential to lead a transition towards widespread biofuel adoption. Road Transport Minister Nitin Gadkari signalled that this transition is well underway and urged car manufacturers to quickly adapt and introduce new biofuel-run vehicles, lest the government resort to taxing diesel vehicles.
With petrol costs going through the roof, it may not be too long before a diesel suberbike hits the Indian roads.
The company, which started export of its three-wheelers a couple of months back, is also exploring to venture into new markets like Bangladesh, Mexico, Peru and Guatemala.
Gadkari said the NDA govt is keen to develop inland waterways in the country.
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