https://www.taxtmi.com/news?id=73466 Petrol and diesel prices in India have remained relatively stable despite volatility in global crude oil markets, with excise duty reductions said to have absorbed the burden of price swings. The minister said oil marketing companies are facing losses on higher-cost crude inventories, but fuel prices could soften when lower-priced crude reaches refiners. The address also highlighted Sonbhadra's development ranking, Uttar Pradesh's economic growth, startup expansion and tourism-driven activity in Ayodhya, Kashi and Prayagraj. en-us Sat, 20 Jun 2026 21:16:03 +0530 Sat, 20 Jun 2026 21:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73466 Petrol and diesel prices in India have remained relatively stable despite volatility in global crude oil markets, with excise duty reductions said to have absorbed the burden of price swings. The minister said oil marketing companies are facing losses on higher-cost crude inventories, but fuel prices could soften when lower-priced crude reaches refiners. The address also highlighted Sonbhadra's development ranking, Uttar Pradesh's economic growth, startup expansion and tourism-driven activity in Ayodhya, Kashi and Prayagraj. News - Sat, 20 Jun 2026 21:16:03 +0530 https://www.taxtmi.com/news?id=73466