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INDIA DIESEL EXPORT LEVY
India cuts diesel export levy to Rs 1/litre from Rs 3, windfall tax to Rs 19As of September 1, the Centre has updated the export duties levied on petroleum products. Notably, the export charge on diesel has been red...- Petrol, diesel sales soar on erratic monsoon rains, LPG demand shifts to piped gasIndia’s petrol and diesel sales surged in August as erratic monsoon rainfall increased demand from farmers and motorists. Petrol consumptio...
- Deepening trade ties, FTA utilisation key to India's USD 1 trillion export target: CII's Sanjay BudhiaIndia aims for one trillion dollars in exports by 2026-27. This ambitious goal requires significant growth in both goods and services. Deep...
- Refinery to the world: Energy expert Anas Alhajji on India's surprising fuel advantageFollowing a critical oil crisis, India has surfaced as a pivotal fuel supplier. Refineries reached peak performance, promoting export expan...
- Drone strike hits Russian refinery as Moscow warns of retaliationThe attack on the Kirishi refinery, deep inside Russian territory, came as Moscow said it was preparing "massive strikes" against Ukrainian...
- Russia is one of the world's top oil producers, so why is it still importing petrol from IndiaRussia is rationing petrol domestically as Ukrainian drone strikes damage its oil refineries. The nation continues crude oil production whi...
- India becomes key petrol supplier to Russia as refinery attacks biteIndia has become a key gasoline supplier to Russia recently. Russian fuel imports surged due to Ukrainian drone attacks on its refineries. ...
- Automakers widen powertrain bets as petrol dominance weakensIndian automakers are expanding powertrain options as petrol's market share declines. New models offer electric, hybrid, and plug-in hybrid...
- India sees Canada export opening as US trade tensions reshape imports: ReportIndia sees new export chances in Canada as economic ties strengthen. Bilateral trade aims for fifty billion dollars by twenty thirty, with ...
- Automakers thought Canada was getting a trade deal. Then tariffs doubledAutomakers face doubled U.S. tariffs on Canadian vehicles and parts starting January 1. This move significantly increases costs for major m...
- Oil prices extend losses on expectations talks to ease Middle East supply woesOil prices have declined as discussions between Iran and Qatar may pave the way for reopening the crucial Strait of Hormuz. This reopening ...
- Six months into Iran war, almost half of global oil flows from war zonesAs of 2026, nearly half the world's oil originates from conflict-affected nations. Current oil disruptions have surpassed previous energy c...
- Global trade shake-up reaches fashion as Zara supplier Pearl Global eyes Africa marketPearl Global eyes North Africa and Jordan for manufacturing expansion. This move aims to serve European customers and diversify production ...
- Trump to impose 7.5 percent tariff on Chinese goods, raising the total to 20 percentThe US plans to impose a 7.5% tariff on Chinese goods soon. This move aims to restore previous duties to around 20% before a summit. Beijin...
- $20 million: The cost of shipping oil through Strait of Hormuz, TotalEnergies CEO saysShipping oil cargoes via the Strait of Hormuz costs approximately twenty million dollars. This significant freight expense creates wide mar...
- What to know about Trump’s 50% tariffs on Canadian goodsUnited States President Donald Trump imposed fifty percent tariffs on Canadian imports. Canada's Prime Minister Mark Carney promised matchi...
- Indian, US fuel exporters reaping bonanza amid oil supply uncertainty due to warsIndia and U.S. oil refiners are benefiting from global fuel supply disruptions caused by wars in Iran and Ukraine, boosting refined fuel ex...
- Russia to receive almost 270,000 tons of refined fuel from Asia in August, data showsRussia is importing nearly 270,000 tons of refined fuels from Asia this August. These shipments are occurring via ship-to-ship transfers to...
- India cuts windfall tax on exports of petrol, diesel, aviation fuelIndia has reduced windfall taxes on petrol, diesel, and aviation fuel exports. The duty on diesel exports is now 24 rupees per litre, while...
- Himachal imposes 60 paise/litre widow, orphan cess on petrol, dieselThe Himachal Pradesh government has imposed a new cess on fuel. This levy of sixty paise per litre applies to petrol and diesel. The Widow ...
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