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PETROL EXPORT DUTY
Government scraps export duty on petrol, raises levies on diesel and ATFThe Indian government has abolished the special additional excise duty on petrol exports as of now. Diesel export levies have been raised t...
India appears better stocked for West Asia crisis, but oil shock threatensIn West Asia, tensions are affecting energy and fertilizer supplies, prompting adjustments by the Indian government. Freight costs have sur...
Govt revises windfall gains tax for petrol and diesel exportsThe central government has increased the windfall tax on petrol exports to Rs 2.5 per litre. Simultaneously, the windfall tax on diesel has...
The debate is settling, the business is moving. Time to look at a larger set? 9 sugar-ethanol ecosystem stocks for the watchlistA new fuel programme is not an easy thing to implement. And it sparks intense debate. Ethanol, for instance, has taken over two decades to ...
Iran oil minister resigns, replaced by top executive amid US blockade on Tehran's exportsIranian Oil Minister Mohsen Paknejad has resigned, with National Iranian Oil Company chief Hamid Bovard appointed as acting minister. The r...
Commercial LPG cylinder price hiked by Rs 62.50 in Delhi, ATF costlier by Rs 16 ahead of festive seasonFrom October 1, the price of a 19-kg commercial LPG cylinder in Delhi increased to Rs 2,810. This rise of Rs 62.50 marks a 2.3 percent incr...
Centre cuts windfall tax on diesel, ATF exports from October 1The Centre has decreased the windfall tax on diesel exports to ₹16 per litre and ATF exports to ₹10.5. This decision, effective from Octobe...
India has ‘insulated' itself from the 'turbulence' of crude supply shock: Hardeep Singh PuriUnion minister Hardeep Singh Puri said India has so far insulated itself from crude oil and natural gas supply disruptions caused by the We...
Oil firms face Rs 530 crore daily fuel losses as crude surges: ICRAState-run oil marketing companies IOC, BPCL and HPCL are facing losses of about Rs 8 a litre on petrol and Rs 9 on diesel as crude prices s...
Reliance Industries shares gain as govt slashes windfall tax on fuel exports; stock down 21% in 2026 so farReliance Industries shares saw a gain following the government's reduction in windfall taxes on fuel exports. The duty on diesel and petrol...
India slashes windfall tax on petrol, diesel, ATF exportsThe government has reduced windfall taxes on petroleum exports. Levies on petrol, diesel, and aviation turbine fuel have been lowered. This...
2xble deflation demystified: GDP numbers may look puzzling, but the new methodology measures the economy differentlyIndia's Q1 FY27 GDP deflator appears low, but national accounts explain this divergence. Double deflation methodology separates output and ...
Windfall tax slashed on fuel exportsNew Delhi has reduced export duties on petrol, diesel, and aviation fuel. The levy on petrol exports is now ₹1.15 per litre, a significant ...
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...
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...
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 ...
India cuts export duties on petrol, diesel and aviation turbine fuelIndia will reduce its export duties on petrol, diesel, and aviation turbine fuel (ATF) starting June 1. The new rates are 1.5 rupees per li...
Petrol exports to attract ₹3/litre excise dutyNew Delhi is shaking up its energy export policy with the introduction of a specialized excise duty on petrol exports. Meanwhile, the gover...
Government raises export duty on petrol by Rs 6/ltr, Rs 13/ltr on dieselThe increase in taxes in aimed to increase the domestic availability of fuel.