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Petrol price can come down to ₹75 if brought under GST: SBI Economists


Petrol prices could be ₹75/litre, diesel at ₹68/litre on account of GST: SBI Research Report
March 04, 2021
Revenue loss estimated at ₹1-lakh crore for Centre-States together
Petrol and diesel prices could come down to ₹75 and ₹68 respectively, if they are brought under Goods & Services Tax (GST), a report prepared by State Bank of India (SBI) has said.
In the latest edition of ECOWRAP, prepared by research team lead by group Chief Economic Advisor Somya Kanti Ghosh, nationwide prices of ₹75 and ₹68 have been arrived on the basis of various assumptions.
These include crude price at $60/bbl, Rupee dollar exchange rate at ₹73, transportation changes of ₹7.25 for diesel and ₹3.82 for petrol, dealer commission of ₹2.53 for diesel and ₹3.67 for petrol, cess of ₹30 for petrol and ₹20 for diesel and GST rate of 14 per cent. Cess and GST are to be distributed equally between Centre and States. ....

Services Tax , India Fuel Price , India Economy , India Fuel , சேவைகள் வரி , இந்தியா எரிபொருள் ப்ரைஸ் , இந்தியா பொருளாதாரம் , இந்தியா எரிபொருள் ,

China International Petroleum and Petrochemical Technology and Equipment Exhibition (cippe): New Dates Announced! cippe2021 Will Be Held on 8-10 June in Beijing


(1)
The 21st China International Petroleum and Petrochemical Technology and Equipment Exhibition (cippe2021), is rescheduled on 8-10 June, 2021 at New China International Exhibition Center, Beijing. As the world s leading event for oil gas and energy equipment, cippe2021 will be the world s first ultra-large-scale oil and gas exhibition to be held offline in the post-pandemic era.
Rescheduled Dates to Ensure Effectiveness of cippe2021
After communicating with the government, cippe2021, originally scheduled from 30 March to 1 April, has been postponed to 8-10 June, 2021 to ensure the health and safety of all attendees, and thus ensure the effectiveness of the exhibition.
cippe is dedicated to serving enterprises and promoting industry cooperation , and building a one-stop exhibition service platform to promote the development of the global oil and gas industry. ....

Yolanda Zhao , Baker Hughes , Dow Chemical , China Oil , China International Exhibition Center , Hilong Group , China State Shipbuilding Corporation , Petrochemical Technology , China International Petroleum , Scale Oil Gas Event , Equipment Exhibition , New China International Exhibition Center , Ensure Effectiveness , First Large Scale Oil Gas Event , Offline Exhibition , யோலாண்டா ழோ , ரொட்டி சுடுபவர் ஹக்ஸ் , டோ இரசாயன , சீனா எண்ணெய் , சீனா சர்வதேச கண்காட்சி மையம் , சீனா நிலை கப்பல் கட்டும் நிறுவனம் , பெட்ரோ கெமிக்கல் தொழில்நுட்பம் , சீனா சர்வதேச பெட்ரோலியம் , அளவு எண்ணெய் வாயு நிகழ்வு , உபகரணங்கள் கண்காட்சி , புதியது சீனா சர்வதேச கண்காட்சி மையம் ,

India's exports in February decline marginally by 0.25 per cent


India’s exports in February decline marginally by 0.25 per cent
March 02, 2021
Trade deficit widens as imports rise 6.98 per cent during the month
India’s goods exports in February 2021 declined marginally by 0.25 per cent to $ 27.67 billion (year-on-year) after increasing for two consecutive months as major commodities including petroleum, engineering goods, gems & jewellery, ready-made garments and leather products suffered a set-back.
Trade deficit during the month widened by 25.84 per cent to $12.88 billion with imports posting a rise of 6.98 per cent in February 2021 to $40.55 billion, as per preliminary data released by the Commerce and Industry Ministry on Tuesday.
Value of non-petroleum and non-gems and jewellery exports in February 2021, however, increased by 5.65 per cent to $ 22.48 billion. ....

Rajiv Bajaj , Industry Ministry On , Industry Ministry , Trade Deficit , Engineering Goods , Gems And Jewellery , Ready Made Garments , Leather Products , ராஜீவ் பஜாஜ் , தொழில் அமைச்சகம் ஆன் , தொழில் அமைச்சகம் , வர்த்தகம் பற்றாக்குறை , பொறியியல் பொருட்கள் , கேம்ஸ் மற்றும் அணிகலன்கள் , ரெடீ செய்து ஆடைகள் , தோல் ப்ராடக்ட்ஸ் ,

Welcome To IANS Live - NATION - Youth Cong protests fuel price hike


Photo Credit: IANS
IANSLive
New Delhi, March 2 (IANS) Hundreds of Youth Congress activists on Tuesday staged a protest outside the Union Petroleum Ministry here over the rise in the prices of Liquified Petroleum Gas (LPG), petrol and diesel saying the people were plagued by inflation while the government was showing arrogance.
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Update: 02-March-2021 ....

New Delhi , Union Petroleum Ministry , Hundreds Of Youth Congress , News Service , India Private , Liquified Petroleum Gas , Youth Cong , Youth Congress , All Rights , புதியது டெல்ஹி , தொழிற்சங்கம் பெட்ரோலியம் அமைச்சகம் , செய்தி சேவை , இந்தியா ப்ரைவேட் , இளைஞர்கள் காங் , இளைஞர்கள் காங்கிரஸ் , அனைத்தும் உரிமைகள் ,