IREDA shares drop 4% post Q4 results. What’s spooking investors?IREDA's shares fell over 4% after reporting a nearly 2% year-on-year drop in Q4 FY26 net profit to Rs 493 crore, despite a 14% revenue incr...
01 Jun, 2026, 11.18 AM IST
'Misleading financial statements': Suzlon to challenge Sebi's penalty order before SATSuzlon Energy plans to challenge Sebi's order imposing penalties of nearly Rs 29 crore on the company and former executives over alleged ac...
31 May, 2026, 10.39 AM IST
Mukesh Ambani-led Reliance Industries' contribution to national exchequer rises to Rs 2.16 lakh croreReliance Industries’ contribution to the national exchequer rose nearly 3% to Rs 2.16 lakh crore in FY26. The company said government payme...
28 May, 2026, 04.07 PM IST
A shadowy Oman-Iran plot provoked Trump’s “blow ’em up” threatUS President Donald Trump has sent a stark message to the Sultanate of Oman, warning of potential military repercussions should it move for...
28 May, 2026, 03.02 PM IST
US companies, shamed by Trump, tiptoe into $166 billion tariff refund raceAfter a landmark Supreme Court ruling, U.S. businesses are strategically striving to salvage billions in refunds from now-invalid tariffs. ...
24 May, 2026, 01.17 PM IST
Global Market Today: Asian stocks drop, oil climbs on Iran tensionsAsian stocks retreated from record highs as Middle East tensions escalated, impacting crude oil prices and reviving concerns over energy su...
08 May, 2026, 06.19 AM IST
Carmakers bank on $2.3 billion in future tariff refunds, risking Trump's ireCar companies are booking billions in expected tariff refunds. This move boosts their first-quarter profits on paper. However, automakers r...
30 Apr, 2026, 05.49 PM IST
Reliance Industries Q4 Results: Profit falls 13% YoY to Rs 16,971 crore; revenue rises 13%Reliance Industries Q4 Results: Reliance Industries saw its net profit drop 13% year-on-year in the fourth quarter of fiscal 2026. Revenue,...
25 Apr, 2026, 06.04 PM IST
Reliance Industries Q4 results key takeaways: O2C drags profit down 12.6% as Jio, retail hold the fortReliance Industries Limited saw its net profit fall 12.6 percent in the March quarter. This was due to challenges in its oil-to-chemicals s...
25 Apr, 2026, 06.02 PM IST
Probal Sen flags muted quarter for Reliance as O2C weakness weighsReliance Industries anticipates a subdued earnings report this quarter. The oil-to-chemicals segment faces pressure, impacting overall numb...
24 Apr, 2026, 01.58 PM IST
India slashes windfall tax on crude oil production to Rs 3,500 per tonneIt also marginally increased export duty on diesel to Rs one per litre from Rs 0.50 while keeping both petrol and Aviation Turbine Fuel (AT...
04 Apr, 2023, 04.29 PM IST
Govt reduces windfall gain tax on crude production, ATF and diesel exportIndia first imposed windfall profit taxes on July 1, joining a growing number of nations that tax super normal profits of energy companies....
16 Feb, 2023, 08.27 AM IST
BP’s annual profits doubled to £23 billion after oil and gas prices increased last yearBP's record profit this year came in the backdrop of Brent crude oil’s price reaching nearly $128 a barrel. However, the price has since th...
07 Feb, 2023, 04.26 PM IST
India cuts windfall tax on crude oil to Rs 1,900 per tonne from Rs 2,100 per tonneIt has also reduced levy on ATF to Rs 3.5 per litre from earlier Rs 4.5 per litre and has reduced export duty on diesel to Rs 5 per litre, ...
17 Jan, 2023, 01.34 PM IST
India cuts windfall tax on crude, aviation fuelThe tax on crude oil produced by local firms has been reduced to Rs 1,700 per tonne from the existing Rs 4,900 per tonne, as per government...
16 Dec, 2022, 09.31 AM IST
Windfall profit tax on crude oil halved, levy on export of diesel too slashedThe tax on crude oil produced by firms such as state-owned Oil and Natural Gas Corporation (ONGC) has been reduced to Rs 4,900 per tonne fr...
01 Dec, 2022, 07.03 PM IST
India's oil ministry seeks windfall tax review; asks for exemption for some oil blocksIn a letter dated August 12, reviewed by PTI, the oil ministry has sought the exemption from the two-and-half-month old levy for the oil fi...
19 Sep, 2022, 04.29 PM IST