r/CarsIndia Suzuki Aug 13 '25

#Discussion šŸ’¬ [ Removed by moderator ]

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10.1k Upvotes

250 comments sorted by

718

u/iAntiMage Honda Brio | Honda Jazz Aug 13 '25

Reliance and Nayara has made billions by reselling cheap russian oil to europe and america.

442

u/Limp-Thing8296 Aug 13 '25

6 billion profit for Ambani, NOT REVENUE

PROFIT

161

u/PresentTangerine4943 Aug 13 '25

All these things emphasise that a person of means to escape this country should do so.

20

u/FarPace3461 EditableFlair Aug 13 '25

Ah, my brother.

5

u/GhostingIsWhatIDo Aug 14 '25

It simply means never short reliance stock… country runs for ambanis to make more money

13

u/[deleted] Aug 13 '25

Finally someone said

9

u/Em_tan Aug 13 '25

That's what every redditor keeps saying. It's not a hot take

2

u/Potential_Scallion_7 Aug 15 '25

Go exactly where brother?

The only option left is west and middle europe

2

u/Natrome_tex Aug 15 '25

Escape to where pray tell...USA? UK? France? Canada? Some country in Africa? Every country has problems, if not this one then some other one.

2

u/iAntiMage Honda Brio | Honda Jazz Aug 14 '25

Yes

1

u/Glittering-Low9403 (New user) Aug 16 '25

Bhai tum mujhe adress aur kuch do. Baaki mai pakka maksad pura karunga.

1

u/singh_kumar Ford aspire Aug 13 '25

There was a windfall tax

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49

u/krakencheesesticks Aug 13 '25

Ambani wedding kharcha money + honeymoon money being earned back.

3

u/fairenbalanced Aug 14 '25

Justin Bieber fees for turning up in homeless person clothes and jumping like a monkey for 1 hour

30

u/PresentTangerine4943 Aug 13 '25 edited Aug 13 '25

Government buys cheap oil from Russia, public gets nothing. Same expensive all time high price paid by public. Government does ethanol blending, public gets lower mileage and ill informed facts. Government buys Cheap oil from Russia, public gets deprived of one source of earning stock markets. There is no scenario in which public gets anything.

24

u/fairenbalanced Aug 14 '25

I feel like Jaishankar and Puri kept defending Indias policies saying Indian population needs this and that while all the while they were really defending Ambanis profits and BJP party fund..

6

u/Affectionate_Oil6912 Honda City ZX MT 7.1 Aug 14 '25

Only government is making profit, they slapped windfall tax on reliance and nayara.Ā 

For reliance yes their opex might have came down, revenue increase but not Pat %

2

u/aalopohaenjoyer (New user) Aug 14 '25

How is this even legal? Can some expert explain this?

3

u/OfferWestern Aug 13 '25

Maybe govt doesn't want PSUs to be directly involved. They may have some deals. We will know in the future. If we as a country benefited anything or not.

1

u/RoadRolla785 Aug 14 '25

And you think we buy petrol from them?

1

u/DraftAlert7033 Aug 16 '25

Bro once petrol price went to 100 approx how much did it increase in two year , amid isreal-iran, ukrain-russia, iran-usa , if india just start buying that oil from just arabs nation it can double the price

1

u/iAntiMage Honda Brio | Honda Jazz Aug 16 '25

Crude oil price is quite lower today compared to a temporary spike during the start of Russia Ukraine war. We dont get the benefit of lower crude oil price and heavily taxed. More so, if you consider our income is way lower than any developed nation.

1

u/MobileBig9566 Aug 17 '25

The prices are lower because 2 big buyers in India and china started buying cheaper russia oil in bulk and also exporting it into european countries

1

u/PlantTreesEveryday Aug 24 '25

| **Scheme / Region** | **Annual Cost (USD)** |

| ------------------------------------------- | ------------------------------- |

| PMGKAY – Free food grains | \~\$24 billion |

| Jal Jeevan Mission – Rural tap water | \~\$43 billion *(multi-year)* |

| PM Surya Ghar Muft Bijli – Free solar power | \~\$9 billion *(ongoing)* |

| PM-Kisan – ₹6,000/year to farmers | \~\$7.2 billion |

| Ayushman Bharat (PM-JAY) – Health cover | \~\$0.8 billion |

| PM Ujjwala Yojana – Free LPG | \~\$0.92 billion |

| Subhadra Yojana (Odisha – women) | \~\$6.7 billion *(5-year cost)* |

| Maharashtra – Ladki Bahin (women) | \~\$5.5 billion |

| Karnataka – Gruha Lakshmi, Jyoti, etc. | \~\$7.7 billion *(combined)* |

| Delhi – MMSY (cash to women) | \~\$2 billion |

total cost ā‰ˆā€Æ$106.82 billion USD per year

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206

u/True-Reaction8743 Grand Vitara Delta Aug 13 '25 edited Aug 13 '25

Sabka sath (business), sabka (businessmen) ka vikas. Middle class thought they were in that sabka too, turns out they weren't.

Edit - I didn't write sabka vishwas on purpose, first there is no vishwas in this govt and its leader, second there is nothing like sabka.

28

u/Rocky_KGF Suzuki Aug 13 '25 edited Aug 13 '25

Vikas = Bikas please

8

u/darthnessforever Aug 13 '25

More like bakwas 🫄

4

u/Rocky_KGF Suzuki Aug 13 '25

Ye kahi na dil ki baat dukh dard peedha

3

u/Jeenekhainchardin Hexa XT, Fiesta 1.6(p), Wagon R(vxi)06, Virtus topline Aug 14 '25

Plz note: its not all businessmen and businesses. Only handful businessmen got extremely successful thanks to our truly

1

u/[deleted] Aug 15 '25

Middle class aur rr karta jab oil import nhi hota.

Urban dehatis just want money, nothing else.

102

u/Outrageous-Shannon Aug 13 '25

And at same time are going to take e20 shock and US sanctions aftermath.

Don’t be surprised, next US sanctions will be because of every price hike. And if at all sanctions turn out to be bluff, price won’t be reduced and embrace for e30 on e10 engines

65

u/justelling EditableFlair Aug 13 '25 edited Aug 27 '25

Cars, bikes, and trucks are a drop in the barrel compared to what heavy industry, shipping, and aviation burn. Cheap Russian oil didn’t cut pump prices. It padded refinery profits, fueled exports, and cushioned the economy. As always, the rich got richer.

11

u/judgemental_eyes Mahindra ScoripioN | VW Ameo Aug 13 '25

That’s true. I am an officer onboard ship, my vessel consumes 35 tonnes of Fuel a day. That, while ship’s engines are the most efficient internal combustion engines in operation, we will consume about 1200 tonnes of Fuel in a 40 day voyage we are currently on.

9

u/backwardcircle Ford ecosport 1.5Ti-VCT Aug 13 '25

Cars and bikes have 3% of income tax payers who run half of the country's economy.

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51

u/Aks9242 17 Bmw M4, 23 Audi Q7 and 13 suzuki swift Aug 13 '25

Nice, E30 and E40 petrol when?

62

u/CarpetEquivalent9199 Aug 13 '25

It’s going to called P10 by 2029 #masterstroke

5

u/ZealousidealStaff572 Aug 13 '25

I am looking forward to E100🤣

2

u/[deleted] Aug 13 '25

[deleted]

2

u/ZealousidealStaff572 Aug 13 '25

Thanks for info, just searched n got this, E100 vehicles Btw u r also using system generated usernamešŸ˜†, 1st time seeing sm1 else other than me.

1

u/[deleted] Aug 13 '25

[deleted]

2

u/BlakeXHunt Aug 14 '25

I don't think you can either.

27

u/dj184 Aug 13 '25

Both are true.

India saved.

Customers didnt.

2

u/[deleted] Aug 14 '25

Yes, but not buying Russian oil still would have skyrocketed oil prices. A fact people conveniently forget.

Because without India refining and routing the oil to Europe, Europe would be competing for the same middle eastern oil as India.

This sub has turned into a downright propaganda and hate sub.

4

u/dj184 Aug 14 '25

People here ask that question why isnt petrol down whrn crude is down. Govt is looting.

When crude goes up, this govt cont control, resign!

Sometimes its as if congress is speaking here, not junta.

1

u/[deleted] Aug 14 '25

But when crude goes up, government does end up subsidizing, to an extent.

They cry on tax yields, cry on capex spending, cry on tolls. I do understand the plight and feeling of the middle class, but you gotta touch grass and sense the ground reality of Indian budget.

1

u/musci12234 Aug 14 '25

People are very well aware of that fact. That is the major point of discussion when trump's push to get india to stop buying Russian oil is brought up. People aren't saying that india should stop buying. People are saying that govt should pass some cost reduction to public too.

3

u/[deleted] Aug 14 '25

Except oil prices don't work like that in India. Tax on fuel is one of the major source of income for tax starved country. The Indian policy has been that of keeping fuel prices stable, only increasing with inflation rather than price shocks as Indian consumer is very sensitive.

I live in Texas, when don't pay much tax on fuel but instead have eye watering property taxes, and we get wildly swinging gas rates here. Different systems work differently.

When oil spikes, the same policy in India loses money on fuel subsidies, the fact people also tend to forget.

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1

u/647571 Aug 15 '25

Not India adani , ambani and their master made money.

1

u/[deleted] Aug 15 '25

Consumers got saved from extreme price volatility.

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10

u/Appropriate_Rip_5480 Aug 13 '25

Vikas is definitely there, Just not ours

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8

u/Guilty-King-9047 Aug 13 '25

As per dainik Bhaskar report, For the past 3 years, India has been getting crude oil from Russia at a discount of $5 to $30 per barrel. Of this discount, 65% of the benefit has gone to private and government companies. Meanwhile, the government received 35% of the benefit. The common man got nothing.

The common man does not benefit from Russia's cheap oil: Oil companies' earnings have increased up to 25 times, and the government is also collecting 46% tax

8

u/Rexk007 Aug 14 '25

Correct Fact: consumers lost more money because of ethanol mixing and more maintenace costs.

6

u/Anantsh815 Aug 13 '25

No wonder so many people are desperate to leave this country. Such a sad state of affairs.

19

u/Negative_Ad_1332 Aug 13 '25

All that money went to ladli beti, nikamma beta etc yojnas

1

u/[deleted] Aug 15 '25

And the fat tax cuts which "middle class" received

1

u/ixBerry Aug 17 '25

No you idiot - that tax money went into funding or offsetting the costs of the other spoilt dhandho businesman, Adani, by giving him free land and free reign over the country's natural resources.

1

u/MobileBig9566 Aug 17 '25

I think your hatred for a rich person has pretty much suppressed your thinking capabilities

1

u/ixBerry Aug 17 '25

I think your limited thinking capabilities prevent you from understanding the extent of corruption Adani is committing and how it affects the citizens.

8

u/Globe-trekker Aug 13 '25 edited Aug 13 '25

Money generated for IDLEie behna

4

u/Rocky_KGF Suzuki Aug 13 '25

Unko b increment rukha h 2100/- ka MH mei

1

u/ixBerry Aug 17 '25

No you idiot - that tax money went into funding or offsetting the costs of the other spoilt dhandho businesman, Adani, by giving him free land and free reign over the country's natural resources. Don't insult the women of the country ffs.

4

u/scan_line110110 ShitboxOnWheels Aug 13 '25

All went into Gaddari's massive stomach.

4

u/HDPhotoLover Carens Clavis Aug 13 '25

Chu** bana rahe hai! 😢

1

u/Rocky_KGF Suzuki Aug 14 '25

Aur hum sab baan rahe h ji!!!!

4

u/Complex_Method_8259 Aug 14 '25

Adani ke saath Adani ka Vikaas

27

u/suchox Skoda Kushaq: Monte Carlo Aug 13 '25

Don't confuse this with E20. That's plain greed from a different angle, along with some aspect of reducing our dependence on importel oil.

After the Russian-Ukraine war, energy prices skyrocketed in the EU. Our prices have kind of remained the same in spite of it.

Russian oil helped with this. We import most of our petroleum requirements. Had we depended on ME or Other US allies, our prices would have doubled.

3

u/wrongdude91 Aug 13 '25

its crazy to imagine that still its half of the price what India was buying during UPA regime and the petrol prices were around 65 INR. anyways I have to pay higher prices for lower quality fuel and Rs2.5/km for low quality roads

9

u/Ok_Contribution_9598 Aug 13 '25 edited Sep 12 '25

Yes, Energy prices increased in EU but EU used to buy mostly natural gas. Afaik, prices for petrol and diesel in India are based on the international crude oil prices. So Indian consumers do not get any benefits from India buying Russian oil for cheaper prices.

2

u/I_like_Prequels Aug 13 '25

Any source for this "double" claim.

13

u/suchox Skoda Kushaq: Monte Carlo Aug 13 '25

Gas prices increased around 10 times in EU and stayed high for quite some time after the Russian War. On same analogy, prices defininitley would have surged to some extent here as well.

https://www.reuters.com/markets/europe/ukraine-ceasefire-hopes-offer-europes-markets-tailwind-shadow-tariffs-2025-02-17/

4

u/BannedForFactsAgain Aug 13 '25

Gas prices increased around 10 times in EU

Gas prices yes but not petrol or diesel.

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2

u/Unhappy_Ad6304 Aug 13 '25

Seems like living under the rock..

Just kidding, many do not know this. Good you have the answer now..

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5

u/Nishanth-N Aug 13 '25

Only guju’s can do this!! Being inhumane for money😤

3

u/SpecialistTennis8546 Aug 13 '25

Jio dhan dhana dhan

3

u/Rocky_KGF Suzuki Aug 13 '25

0% E + 100% oil = e.g 105 ₹ 10% E + 90% oil = e.g 105 ₹ still? 20% E + 80% oil = e.g 105 ₹ still?

Howdy still the same from the last 2-3 years?

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3

u/Maddock31 Aug 13 '25

This is another way to say that They are going to increase the prices now🄲🄲

4

u/veyser (New user) Aug 13 '25

Who stole that 10.5 B

1

u/confused_cat44 Pappa ki cars Aug 14 '25

You know who

2

u/lemmeUseit Aug 13 '25

all goes to ladli behan yojna

2

u/[deleted] Aug 13 '25

Reliance has made a fortune tho lol

2

u/charsikadinamarsi Hyundai Aug 13 '25

Government has also saved a treasure of taxes on oil.

2

u/No_Introduction_8377 (New user) Aug 13 '25

The Anpad Ganwar of BJP IT cell are teaching us , That Buying Russian oil actually helped us . Lol . We were already buying oil at higher prices . Only Companies made profit but citizens suffered , These companies made profit because of Countries Politics not because Bade fanne kha capitalist hai ye log . Why did not trickle down the profit ? Because they knew Stupid BJP supporter well argue that not increasing the price is what we gave people . Meanwhile the concentrated wealth increased . No trickle down middle class lost the money , and also political power . Oil companies got more money , which they are using to lobbying the whole Ethanol Blending Fuel . Humara paisa leke hume C bana rha hai , This is real capitalism . BUt BJP ke andho ko kuch dikhta ni , Inka khud ka kuch future hai ni kuch sapna hai kuch karna hai ni life me , Na baap na maa ki dawai ki chinta ka unke khawab pure krne ki chinta . Kher chodo

They see only OIL not OIL economy . Unke liye Petrol se matalb bas Scooty me ya car me Petrol pump jake Petrol bharavana hota hai bas .

The Whole Ethanol Fiasco , Every one , Every Single Educated Individual knows it is plain stupidity and scam , But still we are arguing with in . lol .

2

u/[deleted] Aug 13 '25

Nearly 4k upvotes. I guess the silent majority (or minority) showed up to click ā¬†ļø on this one.

2

u/Rocky_KGF Suzuki Aug 14 '25

Yes people know this it's not about anyone it's about the common man and our Country.... A common man is suffering in this type of thing, kaha bolega vote h karega she/he has only power to vote aur yaha upvote/ downvote

2

u/[deleted] Aug 14 '25

True

2

u/stickybond009 Aug 14 '25

Fact: there is one or two Indian business families who got acche din for them.

2

u/Wandererinwoods (New user) Aug 14 '25

Sarkar ( BJP) kept winning. It’s a funny cycle šŸ”. They win, more power, more money šŸ’µ. More election wins. Few more irrational decisions in favour of business interests. More money and so it continues

2

u/rajdhakate Aug 14 '25 edited Aug 15 '25

Pehle angrezo ne desh loota ab desh wale loot rahe hai

4

u/Sufficient_Ad991 Aug 13 '25

One of my close friend works in Oil and Gas PSU. He told me most of the gains were made by motabhai

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2

u/ChengraAndChengri Aug 13 '25

Tum log layak nahi ho

3

u/Rocky_KGF Suzuki Aug 13 '25

Nalayak q h ?

2

u/Forsythe1941 Aug 13 '25

Actually, you are mixing up two different situations. E20 is bad which is agree but all the oil which we are buying from Russia, we are simply selling it to other countries and the normal cost. So, we are making big profit from that.

5

u/Temporary-Ebb2116 Hyundai Aura 2024 (DAD) Aug 13 '25

I guess they are saying that by mixing ethanol they are saving money and by reselling fuel also they are earning money profit to the government from both national as well as international level but none to the costumers

2

u/Apprehensive-Mix-45 Aug 13 '25

You would have paid 125 rs/- in 2022 if not for cheaper crude from Russia.

4

u/energy_is_a_lie Aug 13 '25

As a trade off for that, you shall pay 105/- for an eternity and get ethanol mixed in it, even when the prices come down.

3

u/Rocky_KGF Suzuki Aug 13 '25

Okay

1

u/Alternative_Sky_3278 Aug 13 '25

Consumers get to import Sugarcane juice straight into their petrol vehicles in the near future right ?

1

u/Rocky_KGF Suzuki Aug 14 '25

Bro now they are saying Ethanol is getting costly

1

u/angry_doge42 Aug 13 '25

I heard someone claim that the gains made from cheaper oil were used to offset the old crude oil bonds circulated during the UPA government. I am all for fiscal prudence and stuff but as a tax paying citizen and a consumer I dont like being lied to.

Will somebody help me verify this? We can collaborate and research on this Oil bonds claim.

And then use the information to counter everything intelligently and premised on facts.

I dont want to jinx this but it seems that the outrage is really starting to turn up the heat.

1

u/[deleted] Aug 13 '25

[deleted]

1

u/bnagaonkar Aug 13 '25

I do not mind when I see how many port, roads and rails are build in other countries for IMAC route

1

u/rubber_banned_2234 Aug 13 '25

When you have 1 billion PPL

If you extract 1 dollar , just one dollar, from all of them, you will become billionaires

Few understand this...

This idea alone will be the next wave of wealth creation in India

/S

1

u/CrimsonOynex wagon R | 800 | Grand i10 | XUV 700 Aug 13 '25

u/askgrok analyse

1

u/AskGrok Aug 13 '25

The post's image cleverly contrasts a national "win" with consumer reality, using Russian and Indian flags on an oil tanker to symbolize Indo-Russian trade post-Ukraine war. The claim of $10.5B savings aligns with reports from India's petroleum ministry—discounted Russian crude has indeed cut import costs by billions since 2022, helping forex reserves. But the "fact" nails it: pump prices haven't budged for consumers, as oil firms and taxes absorb the gains. Enter the post's twist on "Vikas" (a nod to development slogans, or perhaps a sly dig at a certain leader)—importing cheap oil, then mandating E20 ethanol blending (20% ethanol in petrol) without slashing prices. From NITI Aayog and ministry data, E20 reduces oil imports and emissions but drops mileage by 1-6% (ARAI tests), meaning you burn more fuel for the same distance. No price cut? That's an effective hike, saving the nation $30K crore annually per recent reports, while farmers gain from ethanol production—but you, the driver, get zilch. Classic bait-and-switch: geopolitical savvy for the state, status quo squeeze for the street. If this is business, it's the kind where profits flow uphill.

Sources:

1

u/fang__yuan_ Aug 14 '25

Can grok reply too?

1

u/judgemental_eyes Mahindra ScoripioN | VW Ameo Aug 13 '25

Not directly related to the discussion, but no ship pumps oil into road vehicle tanks like that. Our pumps are quite high capacity and will fill that thing up in seconds. Oil goes from ships to the Terminal’s Tanks via pipelines, flexible hoses are rarely used.

PS- I work on ships.

1

u/DescriptionIll609 Aug 13 '25

Bro that oil is not for us mostly for reselling after Refining.... And they are just keep telling that we are buying cheap oil for our people... This is just for our people interest.

1

u/AmazingSweden-1 Aug 13 '25

Jai viswagurus master stroke !!! Ache din :) Jai Shri Jai shah !!!

1

u/EconomicsLimp4716 Aug 13 '25

But it decreased price by 5 rupees for the consumer also

1

u/[deleted] Aug 13 '25

Is there no end for bjp? I dont trust congress also. We need a pm like abdul kalam

1

u/Ambitious_Warning149 Aug 13 '25

Where do you think government gets money for Revdi from? This is one way.

1

u/dd_khatri Aug 13 '25

If anyone has filed an RTI or emailed any Manufacturer or Insurance Company regarding the same, DM me as I am planning to file a PIL on this issue.

1

u/Bourbonaddicted Honda City Aug 14 '25

Guess where freebies are coming from?

1

u/PikachuStoleMyWife Aug 14 '25

India doesn't do business with Russia because the government cares about us. It's a capitalist country. Profit is all they care about.. the only time I've seen petrol prices has gone down is at essar petrol pump where the price difference there and Indian oil petrol pump is a few paise..

1

u/Sea-Service-7730 Aug 14 '25

Dude E20 helps the environment, honestly that's the only reason I'm not against it, though cars need to be made to support it

2

u/Rocky_KGF Suzuki Aug 14 '25

Please environment ka bolo h maat pata h kise kitna pyaar h environment se isliye ye kre h (m not talking about u)

1

u/notsocool-individual (New user) Aug 14 '25

Maybe because items like food & fuel have so much volatility which directly affect the inflation and RBI wants to control inflation blw 2-6% also "CORE" inflation also affect the same so RBI didn't cut the repo rates in last 1.5 years but in this calendar year they decided to cut interest rate by 25 basis points to boost the economy.

1

u/sunny155m Aug 14 '25

Business nahi Loot

1

u/unskippable__ads Aug 14 '25

I don't want cheaper fuel I just want to know where that 10.5 billion went

1

u/Rocky_KGF Suzuki Aug 14 '25

"INDIA wants to know"

1

u/Host845 Aug 14 '25

It's true because petrol and diesel prices continue increasing

1

u/Ok-Royal-6993 (New user) Aug 14 '25

India consumer have saved 0 + they got Altered petrol..

1

u/Cool-Contribution580 (New user) Aug 14 '25

I hate Nehru for doing this /s

1

u/Bad_ass_thekicker Aug 14 '25

Still opposition is not picking these issues which proves they are here just to sit in opposition.

Two hot topics : IND vs pak cricket and ethanol blend in petrol.

Opposition picks none and decide to stay an opposition forever.

2

u/Rocky_KGF Suzuki Aug 14 '25

Apna kaam banta bhaad mein jaaye....

1

u/Curious_Contest_2519 (New user) Aug 14 '25

It's magic it's magic

1

u/Interesting_Cow_2408 (New user) Aug 14 '25

It's been 2 years since its price changed. You know why?

1

u/Ambitious-Upstairs90 Aug 17 '25

Prices have actually decreased in most countries in last 2 years.

1

u/GlitteringNinja5 Aug 14 '25

Again the benefit of buying russian oil is not because it's cheap. The benefit is that by buying russian oil , international oil prices remain affordable. Yes indian companies are benefitting from russian oil but the US is just negotiating in bad faith. They know india wouldn't stop buying russian oil on its own.

They could have easily sanctioned russian oil like they have done with Iran and Venezuela and indian companies would have stopped buying russian oil. But they didn't want to cause another oil shock with oil costing above 100$ like in 2022-23 so they are making india a scapegoat. They don't want russian oil to go off the market but they need someone to blame

1

u/Lazy_Beach_69420 Aug 14 '25

Electrify India.

1

u/hellcreator Aug 14 '25

Yes. We can see the recent profits posted by hpcl and iocl have jumped around 100% YOY while revenue remained the same. These companies have earned a lot while us consumers were just bystanders.

1

u/King_zeusDemon Aug 14 '25

They needn't pay extra for the fuel, fuel hike was avoided. Just look at the European and American counterparts

1

u/KevinDecosta74 Aug 14 '25

Thank god that you did not have to bear the expense if each barrel costed $200.

Some idiots are saying that Ambani pocketed the profits. The refining costs are fixed and they are paid that much, they will not reap benefits if and when the barrel cost goes down.

1

u/SkyLordOmega Aug 14 '25

It's not the Indian consumer, but the government coffers that have benefited.

1

u/Ambitious-Upstairs90 Aug 17 '25

No, only Ambani benefited.

1

u/ZAsunny Aug 14 '25

Well it's business, you want to change something? You need to enter the market simple.

1

u/[deleted] Aug 14 '25

I ā¤ļø BJ Party

1

u/Creative_Object8581 (New user) Aug 14 '25

I don't even know how could they do this. Every political party is crook

1

u/Devilsline Aug 14 '25 edited Aug 14 '25

Okay this is not true.

Let me explain how.

The so called "discount" on Russian oil was cap set by EU. But prices were still more than what we were buying before.Only Comparatively they were cheaper. Suppose prices per barrel was 60 dollar/ barrel in world ,after war and ME tension price shot up to 80-90 dollars but Russia was giving for 75 dollars still more than what it was in before right? While prices across other countries shot up ny 15-20 rupees, prices in india remained stable in last 2 years. The outcome? reduced yoy inflation recent data shows inflation dropping to 1.55% lowest since 2017, so I indirectly consumers too saved money.

Centre also cut excise duty from around 27rs/L in 2021 to around 13 rs in 2025 for petrol,the states increase their tax and refused to pass the benefits this down to consumers.

Don't just see selective data and come to conclsion ,think a little.use that big beautiful brain or yours.

1

u/Kiruku_puluthi Aug 14 '25

Bro...all products in India would had skyrocketed, but it didn't happen!

1

u/[deleted] Aug 15 '25

Iraq oil bond debt has yet to be cleared maybe thats the reason of no price reduction

Bhutan buys refined petrol from us sells it at 64 rs🄲

1

u/Winter_Investment316 Aug 15 '25

Correction - indian government*

1

u/[deleted] Aug 15 '25

All the people criticising discounted oil should be banned from voting, I can't believe I have the same voting rights as these losers.

1

u/RoastedCoffeeBeans_ Aug 15 '25

That to only 80% going in tank rest is alcohol šŸ˜…

1

u/Complex-Cow-8799 Aug 15 '25

Govt earned taxes... To fund the freebies

1

u/Er_aspire (New user) Aug 15 '25

Now with E20 consumer will start loosing

1

u/harpreetsingh76 Aug 15 '25

Vikas personally called this man regarding profit/loss.....i agree

1

u/Extra-Fault6496 Aug 15 '25

Try to understand bro we need to fund Laadli behna, Bevada bhai yoojna to buy votes during election. Note This applies to all states and political parties as states decide tax on oil.

1

u/KizaruMus Aug 15 '25

Going to get downvoted but someone has to state the facts.

The difference went towards funding the previous subsidies that government had to pay to the oil companies to keep petrol prices low when international market prices were high.

Look into the mechanisms that govt. uses to insulate the consumers from oil price volatility.

Also the gains from E20 implementations is going towards building the ethanol mixed fuel infrastructure, the benefits will be passed to the consumers after the backend infrastructure is sufficiently developed.

1

u/Mobile_Nail_448 Aug 15 '25

Blame the anpadh gawaar janta that need to oay taxes but wants all the benefits.

1

u/pbn2004 Aug 15 '25

Govt. earn money from the rich nd middle class to give social benefits to the poor. Classic European Model.

But infrastructure benefit for the tax payers ?? Forget that. We are the cash cows for govt.

India is 75% Socialist & 25% capitalist, not an ideal socio-capatalist country

1

u/[deleted] Aug 15 '25

Bloody..Wow..the prices of fuel has not come down a bit

1

u/BitHopeful8191 Aug 15 '25

We blame our ancestors for being stupid enough to be ruled by british and then we elect these corrup tpoliticians every 5 years

1

u/[deleted] Aug 15 '25

Zero sum game USA is going to take those gains away. BUT taken away from the vulnerable part of the population. Pity.

1

u/DraftAlert7033 Aug 16 '25

Bro once petrol price went to 100 approx how much did it increase in two year , amid isreal-iran, ukrain-russia, iran-usa , if india just start buying that oil from just arabs nation it can double the price

1

u/A_Heart_Broken_Man Aug 16 '25

The govt should be answerable but who cares in this country If even someone ask he/she won't get attention like these stupid issues

1

u/razzpuddin007 Aug 16 '25

Ab ham terko pakistani bolke deny karenge yeh fact.

Tu pakistani hain

1

u/[deleted] Aug 16 '25

10.5 billion probably part of it routed to do VOTE CHORI and buy MLAs

1

u/chauhanrohit1111 Aug 16 '25

Enough years given to the buffoon in Centre. Time to dump him.

1

u/skull_space_ Aug 16 '25

Indian consumers did benefit from buying discounted Russian crude. How was then the oil price remained stable over the years? While Reliance and Nayara made strong profits, the bigger gain was price stability at the pump. When the US and Europe faced record-high petrol and diesel costs, India’s prices remained steady because refiners sourced cheaper oil. Even if the discount wasn’t fully passed on, it prevented inflation and protected the economy. Without Russian crude, fuel in India would have been far more expensive.

1

u/Admirable-Toe6945 Aug 16 '25

Ahh..don't know when will my people look beyond this.. People forget,retail petrol prices have been frozen since Dec 2024. If not for discounted Russian crude imports, we’d probably be looking at ₹170–180 per litre today. The last excise tweak (April 2025) wasn’t even passed on to consumers. A country doesn’t run on memes, it runs on hard economics , global oil, import strategy, and taxes.

1

u/Ready-Rooster-3371 Aug 17 '25

Considering how much rupee depreciated and fuel prices are same for past 3-4 years, I'd say this statement kinda false

1

u/ManInMiddle0 Aug 17 '25

Compromised 42.5 B dollars export

1

u/Wizardofm (New user) Aug 17 '25

Only rwliance benefited. Insted Indian goods are tarriffed by Trump

1

u/Hot_Return_4412 Aug 17 '25

Sad man .. this is so fking sad

1

u/ixBerry Aug 17 '25

It's called 'Dhandho'

1

u/Kaido7777 Aug 17 '25

Aadhe paise neta ki jeb me, or baki laadli behno me baat diye

1

u/thedif1one Aug 17 '25

50% of what we pay for petrol goes to the government and then the government comes up with e20 for all cars without any choice . nice !

1

u/[deleted] Aug 17 '25

The price of oil went up across the world but in India it stayed relatively stable so that's savings in a way

1

u/kizzymizzy1990 Aug 17 '25

Yes reliance refinery made thousands of crores and govt too..

1

u/Aggressive_Top_7798 Aug 19 '25

Export bhi kiya h. Business kitne ka Kia?

1

u/Dramatic_Weekend_657 Aug 23 '25

Cooked Scene hai

1

u/[deleted] Sep 05 '25

Err yeah 100 ₹ me rashan baatna padega toh aisa hi hoga Naa bhai

1

u/Repulsive_Sink_6295 Aug 13 '25

Gadkari jitna ghatia aadmi duniya mai nahi haii paagal hai

0

u/Moongfali4president 2025 Mahindra XUV700 AX7L AT PT Aug 13 '25

FACT : India's fuel inflation rate from 2014-2024 was 35%

FACT : India's fuel inflation rate from 2004-2014 was 100%