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FUEL DUTIE
April-August fiscal gap widens to ₹7.1 lakh crore on higher capex, subsidy outgoThe Centre’s fiscal deficit rose to ₹7.1 lakh crore, or 41.9% of the FY27 target, by August, up from ₹6 lakh crore a year earlier, official...- 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...
- TERI study finds CNG has lower lifecycle environmental burden than EVs under India's current power mixAs India steps up efforts to accelerate electric mobility and reduce its dependence on imported crude oil, a new study by The Energy and Re...
- Crude surged. Why didn’t India’s petrol prices?As the West Asia conflict drove up oil costs, India kept a much larger rise from reaching the pump. This explainer dives into how protectio...
- Gold holds near seven-week low, US economic data on tapGold prices are holding steady near a seven-week low, despite ongoing concerns about rising interest rates from the Federal Reserve. Invest...
- 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...
- US fuel economy standards: Trump admin set to roll out new regime for cars, light trucksThe Trump administration is set to announce relaxed fuel economy standards affecting gasoline cars and light trucks. These changes aim to l...
- She left IAF after 10 years to support family, then lost husband in MiG-21 crash; Supreme Court backs her reinstatementAfter leaving the Indian Air Force in 2013 to support her family, Squadron Leader Priyanka Saxena sought a return to service after her husb...
- 50 litres per customer: Private pumps ration diesel as oil shock deepensPrivate fuel retailers have started limiting diesel sales at their pumps due to rising crude prices. Several Jio-BP outlets have imposed ca...
- Steel prices to stay firm as tight supply, duties fuel dealer inventory build-up: Centrum reportDomestic steel prices are forecasted to remain strong in the coming months due to tight supply constraints. Dealers are actively building i...
- ADB raised India’s FY27 growth forecast to 7%The Asian Development Bank has raised its FY27 India growth forecast to 7% from 6.6%, citing strong public investment and resilience in ser...
- 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...
- ETMarkets Smart Talk | 2-year bonds attractive, long end risky: Apoorva Javadekar’s fixed-income playbookWhile the recent rise in yields may make short-tenor bonds more attractive, the long end remains vulnerable to global rate pressures and do...
- States' revenue growth to accelerate 9-11% as GST collections rise 16% in first five months: CrisilRevenue growth for 18 major Indian states is projected to accelerate to 9–11% in fiscal 2027, taking combined revenues past ₹44 lakh crore,...
- India studying details of US tariffs on Russian oil buyers: Piyush GoyalIndia is examining details of potential US tariffs on Russian oil buyers, Piyush Goyal says. Washington is increasing pressure on nations s...
- Manufacturing a bright spot; services presents a mixed bag: Upasna Bhardwaj, Chief Economist, Kotak Mahindra Bank"Despite the ongoing debate around the new GDP series, real GDP growth remained robust at 7.8% in the first quarter, highlighting the econo...
- NCP (SP) asks Centre to spell out economic fallout of US tariff threat over Russian oilThe NCP (SP) seeks details on India's economic exposure to a new US law. This legislation authorizes significant tariffs on nations buying ...
- View: As oil tops $100, India needs a wider, smarter fuel security strategyRising oil prices necessitate energy supply diversification and alternate fuel adoption. India is urging the auto industry for flexi-fuel v...
- 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...
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