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What steps India has taken to stem pressure on its external balance of paymentsIndia is taking steps to manage its currency's decline. Higher duties on gold and silver imports are in place. Import rules for silver have...- Government revises windfall tax on fuel exports from June 1New windfall tax rates on fuel exports take effect from June 1, 2026. Taxes are back on diesel and aviation turbine fuel after a period of ...
- Delhi Chakka Jam live updates: Why drivers are on strike today in NCR; Check areas affected in Delhi, Noida, Gurugram, Ghaziabad and NCRDelhi Chakka Jam News: A three-day transport strike has started today across Delhi-NCR. Commercial vehicle drivers are protesting rising fu...
- Govt imposes ₹3/litre windfall tax on petrol exports; cuts diesel, ATF leviesThe government has introduced a windfall gains tax of Rs 3 per litre on petrol exports. Levies on diesel exports are now Rs 16.5 per litre,...
- PM Modi dismisses media report on possible tax on foreign travel as ‘totally false’Prime Minister Narendra Modi has strongly refuted media reports suggesting a new tax on foreign travel. He stated there is absolutely no tr...
- Gold imports under India, UAE FTA quota remain modest: OfficialGold imports under a special trade deal with the UAE have seen low usage. The India-UAE Comprehensive Economic Partnership Agreement offers...
- India rolls out new gold math with import duty hike. Who will foot the bill?India has sharply raised import duties on gold and silver to 15% from 6% to curb demand, protect the rupee and preserve foreign-exchange re...
- Gold volume growth may dip 10–15% after duty hike, say jewellersIndia's gold and silver import duty hike may affect jewellery sales volumes initially. Industry leaders believe demand will stay strong due...
- Gold import duty hike in US may have led to insider trading, says Zerodha’s Nithin KamathZerodha CEO Nithin Kamath highlighted the tight regulation in Indian financial markets following a surprise import duty hike on gold and si...
- Why gold’s Rs 10,000 spike after import duty increase is a one-off moveGold and silver prices staged a sharp comeback on Wednesday, with MCX futures for both metals surging nearly 6% in a single session after t...
- Gold import duty hike to hurt jewellery trade, spur grey market: GJCGold import duty hike: The Indian gems and jewellery sector anticipates difficulties following a significant increase in gold import duty t...
- Gold jewellery to get costlier: Here's how much more you need to pay on your next purchaseIndia has significantly raised import duties on gold and silver. This move aims to reduce foreign exchange outflow and ease pressure on res...
- India raises gold, silver import duty to 15% to curb imports, support rupee amid West Asia crisisGold, silver import duty hike: India has significantly raised customs duties on gold, silver, and platinum imports to 15% and 15.4%, respec...
- Petrol price today 3 May 2026: Check latest rates in Delhi, Mumbai, Chennai, Kolkata and BengaluruPetrol price today :Indian petrol prices change daily. This dynamic pricing depends on global crude oil costs, the rupee's value against th...
- Excise duty on diesel exports cut to Rs 23/ltr, ATF exports to Rs 33/ltrThe govt has announced a reduction in the windfall tax for diesel exports to Rs 23 per litre and for aviation fuel to Rs 33 per litre, star...
- Budget creates reserve fund to park oil cess in bid to raise transparencyA reserve fund for oil cess proceeds has been created in the Budget for 2025-26 to enhance transparency and target resources for the oil an...
- Cairn wants government to reduce oil cess before BudgetCairn India wants the government to not wait till the Budget to cut cess on crude oil so as to give relief to domestic oil producers hit by...
- Government likely to give oil cess relief to domestic producersThe government is likely to convert a cess on domestically produced crude oil into an ad-valorem rate from a fixed per tonne levy, at prese...
- Oil Ministry pitches for ad-valorem levy of oil cessWith oil prices dropping to an 11-year low of under $35 per barrel, the cess translates into one-third of the realisation going away in jus...
- Fuel subsidies may hijack oil cess, hurting fertiliser sectorWith the global crude oil prices moving towards $150-per-barrel mark, the government is considering using Rs 72,750-crore oil industry deve...
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