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EXCISE DUTY IMPACT STOCKS
Industrial output outlook hinges on monsoon progress; coal stocks, exports may cushion weather risks: ReportAdverse weather could impact mining, but higher coal stocks and improved petroleum exports are expected to cushion the blow, supporting man...- 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...
- US stocks today: S&P 500, Nasdaq post best quarter since 2020 despite Iran warIndian markets closed the quarter on a high, mirroring global trends with significant gains for the S&P 500 and Nasdaq, driven by optimism ...
- Banks NPA at multi-decadal low of 1.8%, Indian financial system remains resilient: RBI reportIndia's financial system remains robust, with bank NPAs hitting a multi-decade low of 1.8%. Despite global uncertainties and rising oil pri...
- PM Modi appeal impact: Gold import growth down substantially in MayGold imports saw a significant slowdown in May, a welcome development following Prime Minister Modi's calls to curb consumption. This decel...
- US-Iran thaw to provide tailwinds for growth: RBIIndia's economic growth could get a boost from the Iran-US peace deal, according to the Reserve Bank's latest report. While the economy sho...
- Govt extends customs duty waiver on import of key petrochemical products till July 15The government has extended the nil customs duty on approximately 40 critical petrochemical products by another 15 days, now until July 15....
- Centre extends duty relief on key petrochemical products till July 15The government has extended the import duty exemption on about 40 key petrochemical products by 15 days, now until July 15. This move aims ...
- Transformers and Rectifiers bags order worth Rs 1,000 cr from Power Grid Corporation of IndiaTransformers and Rectifiers (India) Limited has secured a significant order exceeding Rs 1,000 crore from Power Grid Corporation of India L...
- India's coordinated, concerted effort shielded citizens during Hormuz energy disruption, says Amitabh KantIndia navigated a severe global energy crisis with remarkable success, ensuring normal life for its citizens. This achievement, according t...
- Waaree Energies shares crash 5%. Can this US ruling dent solar panel maker's image for long?Waaree Energies shares fell nearly 5% after a US Customs ruling triggered concerns over reputational impact despite the company’s clarifica...
- Waaree Energies says US probe found no Chinese cells in its solar panels; operations unaffectedWaaree Energies announced Sunday that a US probe found no evidence of exporting solar panels made with Chinese cells. The investigation, co...
- India's higher nominal GDP growth may help contain fiscal pressures despite global risks: EYIndia's fiscal deficit is expected to remain under control in FY27, thanks to robust nominal GDP growth driven by higher inflation, accordi...
- ITC's packaged foods business crosses $2 billion in revenueITC's packaged food business soared past $2 billion in FY26, with overall FMCG consumer spending reaching Rs 37,000 crore. This growth was ...
- Anti-dumping duty on electrical steel may push transformer costs, impact grid expansion: GTRIA potential anti-dumping duty on crucial cold-rolled grain-oriented electrical steel (CRGO) imports could significantly hike transformer ma...
- Assam State Budget 2026-27: FINER suggests higher devolution share and tax net wideningAhead of Assam's 2026-27 State Budget, industry body FINER urges higher central fund devolution and tax net expansion. They praise the Prof...
- Petrol, diesel margins back to above pre-conflict levels: ReportState-run oil companies are poised for improved profitability as falling crude prices boost fuel marketing margins. While recent government...
- Earnings of OMCs seen weak as Q1FY27 under-recoveries bite: ReportOil companies are projected to experience ongoing challenges through FY27, primarily due to anticipated under-recoveries in Q1FY27, with LP...
- Tamil Nadu's excise revenue lags behind Karnataka, Maharashtra: GovtTamil Nadu's excise duty collections significantly lag behind Karnataka and Maharashtra, showing the lowest absolute collection and slowest...
- 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 ...
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