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PETROL EXPORT TAX
Higher ethanol mix tax cut a good driveIndia is rolling out incentives for petrol mixed with higher ethanol percentages, marking a significant step in its commitment to bolster e...11 Jun, 2026, 11.11 PM IST- Strong consumption keeps growth steady amid Iran war cost concernsIndia's economy shows steady growth driven by domestic demand. The West Asia conflict presents challenges like higher oil prices. The gover...09 Jun, 2026, 11.58 PM IST
- India's fuel exports fall to lowest since 2022 amid refinery maintenance, domestic demandIndia's refined fuel exports dropped significantly in May, reaching their lowest point since October 2022. Refinery maintenance, particular...03 Jun, 2026, 03.51 PM IST
- MSMEs to bear bigger hit than large firms from West Asia conflict: CrisilThe ongoing crisis in West Asia has struck a harsh chord for Indian small enterprises, leaving them vulnerable to significant setbacks. Ant...02 Jun, 2026, 07.33 PM IST
- India's fuel exports plunge in May as domestic demand takes priorityIndia's fuel exports saw a significant drop in May, reaching their lowest point in almost four years. This decline was driven by efforts to...02 Jun, 2026, 03.59 PM IST
- 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...31 May, 2026, 06.41 AM IST
- 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 ...30 May, 2026, 11.42 PM IST
- Behind the petrol pump: Why fuel retailers losing Rs 7-8 per litre need $85 crude oil to stop bleeding cashOil companies face continued losses of Rs 7-8 per litre on petrol and diesel, with a breakeven point only at crude prices of $85-87 a barre...27 May, 2026, 10.36 AM IST
- Government forwent Rs 1 lakh crore via excise duty cuts to shield consumers from fuel inflation: FMIndia's Finance Minister Nirmala Sitharaman explains recent fuel price increases are market-driven by oil companies. She noted the governme...25 May, 2026, 08.17 PM IST
- FM Sitharaman says Government open to hear investor concerns on LTCG, STCG taxationFinance Minister Nirmala Sitharaman has indicated the government is ready to listen to stock market investors. Concerns regarding Long-Term...25 May, 2026, 08.09 PM IST
- Oil cos keep bleeding, on slippery slope with Rs 600-cr loss per day despite multiple petrol, diesel price hikesPetrol, diesel price hike: Despite the latest round of increases, officials acknowledged that current retail prices are still insufficient ...25 May, 2026, 06.21 PM IST
- Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...20 May, 2026, 05.16 PM IST
- Delhi Chakka Jam for three days: Check what could be affected in Noida, Gurugram, Ghaziabad, Faridabad and other NCR regionsDelhi Chakka Jam Today News: A three-day Chakka jam in Delhi-NCR has been called by transport unions starting May 21. During these three da...20 May, 2026, 04.27 PM IST
- Kotak warns of massive fuel under-recoveries despite recent Rs 3/litre price hikeFuel prices in India could see a significant increase. State-run oil companies may have to raise petrol and diesel rates further if crude o...19 May, 2026, 02.26 PM IST
- Fuel price hike may push inflation up by 20 bps, say expertsFuel prices have risen, potentially pushing retail inflation up by 0.15 to 0.20 percentage points. Experts warn this could lead to wider pr...16 May, 2026, 07.21 AM IST
- India's April exports jump 13.8%, trade gap widens to 3-month highA 10% rise in imports, despite a steep decline in inbound shipments from West Asia amid the continuing geopolitical disruptions, widened th...16 May, 2026, 06.00 AM IST
- Govt imposes ₹3/litre windfall tax on petrol exports; cuts diesel, ATF leviesThe government has introduced a windfall gains tax of Rs 3 per litre on petrol exports. Levies on diesel exports are now Rs 16.5 per litre,...15 May, 2026, 11.16 PM IST
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