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PETROL WINDFALL TAX
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 ...
- Oil India shares jump over 5%. What made Emkay upgrade the stock after Q1 resultsOil India shares jumped over 5% after strong Q1FY27 results prompted Emkay Global to upgrade the stock to ‘Buy’. The brokerage cited attrac...
- India raises windfall tax on petrol exports to Rs 3.5/litre, diesel to Rs 24/litre from August 3The government has decided to raise the windfall tax on fuel exports, now charging Rs 3.5 per litre for petrol and a steep Rs 24 per litre ...
- Pakistan to revise oil prices daily amid renewed West Asia tensionsPakistan fuel price: Pakistan will now adjust petroleum prices daily to manage oil price fluctuations. The government aims for greater tran...
- Petrol, diesel prices today, July 16: Check latest fuel rates in Delhi, Mumbai, Bengaluru, Kolkata amid tax hikePetrol, Diesel price today, 24 July 2026: Check the latest city-wise petrol and diesel rates in Delhi, Mumbai, Chennai, Kolkata and other m...
- India raises windfall tax on diesel, jet fuel exports; cuts levy on petrol exportsIndia's government has adjusted windfall taxes on fuel exports, effective July sixteenth. The export duty on petrol has been reduced to two...
- RBI pushes banks, NBFCs to own data risks across third partiesThe RBI has sought comments from the public by August 17 on its draft proposals titled 'Guidance on Regulatory Expectations for Data Govern...
- Softer inflation trips rate hike forecasts, RBI hold more likelyStandard Chartered Bank had already withdrawn its August rate hike forecast following the last policy review. ET’s interactions with bank e...
- India's fuel consumption drops 3.7% in June from previous monthIndia's fuel consumption fell approximately 3.7% in June from the previous month. Liquefied petroleum gas consumption saw a significant yea...
- Jet fuel price cut by Rs 5/litre as global oil prices easeA significant drop in jet fuel prices, by nearly Rs 5 per litre, brings welcome relief to Indian airlines. This reduction, driven by fallin...
- E25 petrol blend's test drive begins; study report expected by end of next yearIndia is embarking on testing E25 petrol, which contains 25% ethanol, to evaluate its capabilities in vehicles. This initiative seeks to bo...
- Solvency buffers at insurers thinning; general insurance sector more of a concernThe Reserve Bank of India's latest report highlights concerns over thinning capital in the insurance sector. While life insurers remain com...
- HDFC Bank ropes in KKR Managing Director Jigar Shah to head Legal & ComplianceHDFC Bank is set to appoint Jigar Shah as its new General Counsel, bringing over three decades of legal and compliance expertise from the f...
- No sudden shelter from storms: What protected India's oil supply during Hormuz crisisIndia successfully navigated the Hormuz Strait closure, avoiding fuel shortages despite initial fears. This resilience wasn't due to last-m...
- Industry seeks payment in rupee for domestic supplies at maiden SEZ reforms stakeholder consultationSEZ developers are urging the government to allow domestic sales in Indian Rupees, citing subdued global demand. They also proposed job wor...
- India cuts windfall tax on diesel, raises petrol tax from JulyIndia has adjusted its windfall taxes on fuel exports, slashing duties on diesel and aviation fuel while increasing the tax on petrol expor...
- Oil may stay above pre-conflict levels; OMCs and gas stocks could see further upside: Probal SenGeopolitical easing may cool crude oil prices, but a return to pre-conflict levels remains unlikely soon. Experts suggest shipping disrupti...
- India hikes diesel, ATF export levies from June 16India has increased the windfall tax on diesel and aviation fuel exports. The special additional excise duty on diesel exports will now be ...
- 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 ...
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