The West Bengal government has announced that smart electricity meters will be introduced for all power consumers across the state through a phased implementation plan. The initiative is aimed at modernizing the electricity distribution network, improving billing accuracy, enhancing operational efficiency, and providing consumers with greater transparency in monitoring their electricity usage. The announcement was...
Tag: Energy Sector
Could an Iran Peace Agreement Lower Fuel Prices in India? Here’s What Consumers Need to Know
As discussions surrounding a possible peace agreement involving Iran gain international attention, Indian consumers are closely watching whether such a development could eventually lead to lower petrol and diesel prices at home. India, one of the world’s largest importers of crude oil, remains highly sensitive to changes in global energy markets. Any major geopolitical event...
Coal India Shares Slide After OFS Announcement; Analysts Weigh Whether Investors Should Buy the Dip
Shares of Coal India came under heavy selling pressure after the company launched its Offer for Sale (OFS), leading to a sharp decline in its stock price during trading sessions. The stock dropped nearly 6%, reflecting cautious investor sentiment and increased market volatility surrounding the government-backed divestment move. The sharp correction in the stock has...
Fuel Prices Rise Again: Petrol and Diesel Rates Increased for Third Time in 10 Days Amid Global Crude Volatility
Consumers across India faced another surge in fuel costs on Friday as petrol and diesel prices were increased for the third time within just 10 days. The latest revision has intensified concerns over inflationary pressure and rising transportation expenses, especially at a time when households and businesses are already grappling with elevated living costs. According...
GST Council Raises Tax on Oil and Gas Exploration Services to 18%, Increasing Production Costs
New Delhi: The GST Council has approved an increase in the tax on oil and gas exploration and production services from 12% to 18%, a move set to raise production costs across the sector. The new tax rates will come into effect from September 22, 2025. According to an official statement, services related to the...




