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PETROL EXPORT DUTY RISE
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...- War, weather push crop prices to biggest monthly gain Since 2012Crop prices saw their largest monthly jump in over a decade. Wheat prices reached a three-year high as Black Sea shipments were impacted. S...
- 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...
- Sugar prices remain firm across India despite govt measures to check riseSugar prices persist above sixty rupees per kilogram nationwide. Government actions have not yet curbed the significant price increase. Ret...
- Sugar prices may fall soon as 3-3.5 lakh tonnes of refined sugar is expected to enter Indian marketRefined sugar stocks are entering the domestic market, helping ease supply concerns, while duty-free imports of raw sugar are expected to f...
- Supreme Court dismisses PIL seeking disclosure of ethanol content in petrol at fuel pumpsThe Supreme Court on Monday refused to entertain a public interest litigation seeking mandatory disclosure of the exact ethanol content in ...
- 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. ...
- Iran's president Masoud Pezeshkian admits sanctions impacting economyIran's President Masoud Pezeshkian acknowledged sanctions impact the nation's economy. He stated that Iran is in a war situation and must a...
- Apparel exporters urge commerce minister Piyush Goyal to regulate cotton yarn exportsApparel exporters requested government intervention to regulate cotton yarn exports. Rising yarn prices are significantly hurting the indus...
- Supreme Court to hear plea on ethanol labelling at petrol pumps on August 31The Supreme Court will hear a petition on August 31 regarding ethanol labelling. The plea seeks mandatory disclosure of ethanol percentages...
- Jubilant Generics receives show-cause notice demanding over Rs 105 crJubilant Generics received a Rs 105.5 crore GST show-cause notice from Uttarakhand authorities. The notice alleges improper availment of ta...
- Toyota sales, production fall on sharp declines in China, Middle EastToyota's global vehicle sales and production experienced a decline in July. Sales fell by 4.8 percent, while production dropped by 2.1 perc...
- Sunny side down? Egg prices rise on ethanol pushRising diversion of maize to ethanol production has significantly increased poultry feed costs, leading to a 35-40% surge in egg prices ove...
- India’s merchandise exports rise 15% to over $25 billion in Aug 1-21Merchandise exports for August 1-21 are estimated to have risen by fifteen percent. This growth brings the total exports for April through ...
- India's sugar mills, refiners seen importing just half of duty-free quotaIndian sugar mills may import only half the allowed raw sugar quota. Falling domestic prices have reduced the profitability of these planne...
- Government tightens ethanol blend rules for OMCsThe government is contemplating the enforcement of mandatory chloride contamination limits for E20 petrol. Automakers have expressed worrie...
- India's sugar industry body shares a positive price outlookRetail sugar prices are expected to decrease soon as speculative stocking eases. The industry body attributes recent price hikes to specula...
- Kharge questions government over sugar shortage, price rise and ethanol policyCongress president Mallikarjun Kharge questioned the government's sugar policies. He highlighted low sugar stocks and increased prices impa...
- 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...
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