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NEW DELHI: The Trump administration’s sanctions on Iran will come into effect in November, and, as a consequence, India is preparing to cut down...

NEW DELHI: India’s crude oil import bill is likely to jump by about $26 billion in 2018-19 as rupee dropping to a record low has made buying of...

NEW DELHI: US crude oil producers appear to have found an alternative buyer for cargoes no longer heading to China, with India on track to import record...

Budget 2018: Some relief to the middle class will come as Finance Minister Arun Jaitley announced an excise duty cut on petrol and diesel by Rs 2 per...

Petrol was sold at Rs 72.43 per litre in Delhi, the highest in three years. It cost Rs 72.51 on August 2014, according to data from Indian Oil Corp. In...

With crude prices hitting a three-year high and the outlook hardening further, Indians need to brace for a continued rise in fuel prices. Unless, of course,...