Search For "crude petroleum"
Economists predict WPI inflation to remain largely flat over FY26
Updated : 2 months, 4 weeks ago IST
As per the data released by the Ministry of Commerce and Industry, the WPI inflation in November rose to -0.32% against -1.21% in October. The decrease was primarily driven by decrease in prices of food articles, mineral oils, crude petroleum and natural gas, the manufacture of basic metals
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Wholesale inflation remains in negative territory at -0.32% in Nov, despit
Updated : 2 months, 4 weeks ago IST
The annual rate of inflation based on the All-India Wholesale Price Index (WPI) recorded a contraction of 0.32 per cent for the month of November 2025, compared to the corresponding month of the previous year, according to data released by the Ministry of Commerce & Industr
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Sharp cut in windfall tax on crude petroleum, effective today
Updated : 1 year, 6 months ago IST
The windfall tax on petroleum crude will be reduced to Rs 2,100 per metric ton from Rs 4,600 per ton, according to an official gazette notification. The new rate will be effective from Saturday, August 17, 2024.
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India again slashes windfall tax on petroleum crude
Updated : 1 year, 10 months ago IST
India started the windfall tax on crude oil producers and on exports of gasoline, diesel and the aviation fuel in July 2022, reportedly to regulate private refiners who wanted to sell fuel overseas instead of locally, to gain from firm refining margins.
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India slashes windfall tax on petroleum crude
Updated : 1 year, 10 months ago IST
The central government has reduced windfall tax on crude petroleum, according to a government notification. The special additional excise duty (SAED) on crude petroleum has been slashed from Rs 9,600 per tonne to Rs 8,400 per tonne.
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India's wholesale inflation hits 3-year low in May at (-) 3.48 pc
Updated : 2 years, 9 months ago IST
The decrease in wholesale inflation is mainly attributed to the decline in cereals, wheat, vegetables, potato, fruits, eggs meat and fish, oilseeds, minerals, crude petroleum and natural gas, and steel among others in May
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Wholesale inflation in March cools to 1.34 pc, lowest in 29 months
Updated : 2 years, 11 months ago IST
According to the statement released on April 17, the fall in prices of basic metals, food products, textiles, non-food articles, minerals, rubber and plastic products, crude petroleum & natural gas and paper and paper products contributed to the decline in the rate of inflation in March.
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WPI inflation rises to 13.11 per cent in February due to sharp jump in fue
Updated : 4 years ago IST
New Delhi [India], March 14 (ANI): India's annual wholesale price-based inflation surged to 13.11 per cent in February from 12.96 per cent recorded in the previous month due to a sharp jump in the prices of crude petroleum and natural gas, the government data showed on Monday.
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High fuel prices push up August WPI inflation to 11.39 pc
Updated : 4 years, 6 months ago IST
New Delhi [India], September 14 (ANI): The annual rate of inflation based on monthly wholesale price index (WPI) rose to 11.39 per cent in August from the previous month's 11.16 per cent, government data showed on Tuesday.
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Wholesale inflation drops to 11.16 pc in July
Updated : 4 years, 7 months ago IST
New Delhi [India], Aug 16 (ANI): The annual rate of inflation based on monthly wholesale price index (WPI) dropped to 11.16 per cent in July from 12.07 per cent in the previous month, government data showed on Monday.
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Wholesale inflation jumps to 12.9 pc in May on low base effect
Updated : 4 years, 9 months ago IST
New Delhi [India], June 14 (ANI): The annual rate of inflation based on monthly wholesale price index (WPI) hit a high of 12.94 per cent in May as compared to negative 3.37 per cent in the same month of previous year, data released by the government on Monday showed.
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