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PETROLEUM PRODUCT EXPORTS INDIA
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...- War, weather push crop prices to biggest monthly gain Since 2012Crop prices saw their largest monthly jump in over a decade. Wheat prices reached a three-year high as Black Sea shipments were impacted. S...
- ONGC to enter oil trading, build strategic reserves as upstream remains coreONGC plans to enter crude and petroleum product trading operations soon. A new strategic petroleum reserve will be built in Mangalore. Expl...
- Indian Oil ramps up LPG output 30% as Hormuz disruption tests India’s energy securityIndian Oil Corporation increased LPG production by nearly thirty percent. Refineries operated above full capacity to ensure energy supply c...
- Commerce ministry meeting industry, exporters on India-US trade on September 1India's Commerce Ministry will meet industry leaders on September 1 regarding trade performance. This meeting precedes Minister Piyush Goya...
- India becomes key petrol supplier to Russia as refinery attacks biteIndia has become a key gasoline supplier to Russia recently. Russian fuel imports surged due to Ukrainian drone attacks on its refineries. ...
- Hairline Fix: India wants to snip China’s growthChina reportedly uses Myanmar for processing Indian human hair, raising concerns about child labor. Indian exporters face visa rejections f...
- Carbon pricing, emissions tracking key to protect India's exports under EU CBAM: CII ReportIndia must enhance carbon pricing and emissions tracking systems for exporters. The European Union's Carbon Border Adjustment Mechanism ent...
- Trump administration weighs US ownership stake in Venezuela’s vast oil reserves: ReportThe Trump administration is discussing a potential US ownership stake in Venezuela’s oil industry, Axios reported, covering more than a doz...
- US goods trade deficit widens 17% to $118.8 billion in JulyThe United States merchandise-trade deficit grew substantially in July. This shortfall reached its highest point since early last year. Inb...
- India Inc revenue growth to moderate to 13-15 pc in Q2; margins to contract: ReportIndia Inc's revenue growth is projected to contract to fifteen percent in the September quarter. Operating profit margins are expected to c...
- India Inc’s revenue growth to moderate to 13-15% in Q2 FY27; margins under pressure: ICRAIndia Inc’s revenue growth is expected to moderate to 13-15% in Q2 FY27 from 21.3% in Q1, ICRA said. Higher input costs could squeeze margi...
- Indian refiners widen oil search as attacks hurt Russian flowsIndian refiners are reducing Russian crude imports amid Ukrainian attacks on supply routes. They are now seeking alternative oil supplies f...
- Food prices on the rise, domestic demand keeps economy strongIndia's economy shows resilience with improved domestic demand and strong economic activity. Food prices have seen a broad-based increase, ...
- Broad-base rise in food prices despite monsoon recovery, RBI's state of economy report showsIndia's economy shows resilience with improved domestic demand and strong activity. Food prices have seen a broad-based increase, impacting...
- Trump's 'Operation Economic Outcast' against Iran also includes four India-based companies over alleged linksThe United States has sanctioned four India-based companies over their alleged involvement in Iran-related petroleum and petrochemical trad...
- $20 million: The cost of shipping oil through Strait of Hormuz, TotalEnergies CEO saysShipping oil cargoes via the Strait of Hormuz costs approximately twenty million dollars. This significant freight expense creates wide mar...
- India's exports to Iran set to fall further due to Dubai halt, US sanctionsNew U.S. sanctions and UAE trade suspension may disrupt Indian exports to Iran. Rice, tea, and pharmaceutical shipments routed through Duba...
- India lifts export ban on wheat flour, related products with immediate effectThe Central Government has lifted the export ban on wheat flour and related products. This policy amendment allows for immediate overseas s...
- India's goods trade deficit hits 6-month high as imports rise amid Middle East conflictIn July, India's merchandise trade deficit climbed to $31.98 billion, the highest in six months, largely attributed to increasing oil and e...
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