Rising crude and aluminium prices: Bharat Subramanian on what it means for India's energy and metals sectorsGeopolitical tensions in West Asia are driving up oil and aluminium prices. This benefits upstream oil explorers while squeezing oil market...
03 Jun, 2026, 09.00 AM IST
India meets FY26 fiscal deficit target of 4.4% of GDP; revenue deficit at 1.55%India's fiscal deficit reached the budgeted 4.4% of GDP for fiscal 2026. This eases immediate government finance worries. However, the focu...
01 Jun, 2026, 06.06 PM 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
RBI declares record Rs 2.87 lakh crore dividend to cushion war shockThe Reserve Bank of India announced a record surplus transfer to the government for FY26, though it falls short of budget estimates. This s...
23 May, 2026, 06.11 AM 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
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
Four years of frozen fuel prices end as Iran war bites: India raises petrol, diesel by Rs 3/litre but oil firms say it's not enoughFuel prices have increased by Rs 3 per litre for petrol and diesel. This is the first pump price hike in four years. The move aims to reduc...
16 May, 2026, 05.30 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
Buy, Sell or Hold: Elara Capital maintains a buy rating on Oil India; Goldman Sachs retains a buy rating on JSW SteelBrokerage firms are optimistic about specific market segments. Strong earnings, supportive policies, and better balance sheets are driving ...
15 May, 2026, 10.05 AM IST
From India to China, a look at what governments worldwide are doing to shield households from rising energy costsGovernments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...
13 May, 2026, 09.02 AM IST
ONGC shares rally 6% after govt cuts crude oil royalty; CLSA explains why it’s a big boostONGC shares surged 6% after CLSA termed the government’s decision to cut crude oil and natural gas royalty rates a major positive for upstr...
12 May, 2026, 10.36 AM IST
ADB warns Asian economies against broad fuel subsidies, tax cuts amid oil price risksThe Asian Development Bank advised Asian economies to avoid broad fuel subsidies and excise duty cuts, warning they could strain public fin...
06 May, 2026, 01.18 PM IST
Excise duty on diesel exports cut to Rs 23/ltr, ATF exports to Rs 33/ltrThe govt has announced a reduction in the windfall tax for diesel exports to Rs 23 per litre and for aviation fuel to Rs 33 per litre, star...
01 May, 2026, 07.43 AM IST
India slashes windfall tax on domestic crude from Rs 12,100/ tn to Rs 9,050/ tnThe Finance Ministry of India has reduced the special additional excise duty (SAED) on crude petroleum to Rs 9,050/tonne, effective October...
17 Oct, 2023, 11.18 PM IST
India reimposes windfall tax on petroleum crude after two monthsToday's revision in windfall tax on domestic crude comes on the back of rising global oil prices. India had cut the windfall tax on petrole...
14 Jul, 2023, 11.24 PM IST