https://www.taxtmi.com/news?id=73464 Petrol and diesel prices in India have not materially increased despite volatility in global crude oil markets, with the government saying excise duty reductions absorbed much of the pressure. The statement says oil marketing companies have faced losses without passing the full burden to consumers, and that fuel prices may soften when lower-priced crude reaches refiners. It also highlights India's economic growth, Sonbhadra's development progress, and Uttar Pradesh's expansion in industry, employment and tourism-linked infrastructure. en-us Sat, 20 Jun 2026 20:16:06 +0530 Sat, 20 Jun 2026 20:16:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73464 Petrol and diesel prices in India have not materially increased despite volatility in global crude oil markets, with the government saying excise duty reductions absorbed much of the pressure. The statement says oil marketing companies have faced losses without passing the full burden to consumers, and that fuel prices may soften when lower-priced crude reaches refiners. It also highlights India's economic growth, Sonbhadra's development progress, and Uttar Pradesh's expansion in industry, employment and tourism-linked infrastructure. News - Sat, 20 Jun 2026 20:16:06 +0530 https://www.taxtmi.com/news?id=73464