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WINDFALL TAX IMPACT
France's data centre ambitions bump up against rural fearsA massive AI data centre planned for the small French village of Fouju is creating a divide. While proponents see economic benefits and job...05 Jun, 2026, 04.15 PM 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
- Punjab FM Cheema urges Centre to share RBI’s ‘extraordinary’ dividend with statesPunjab's Finance Minister Harpal Singh Cheema calls for sharing the Reserve Bank of India's large dividend with states. He warns that takin...24 May, 2026, 04.33 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
- 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
- South Korea stocks gyrate as top aide floats AI ‘dividend’South Korea is considering a 'Citizen Dividend' from AI profits. A top policymaker proposed using excess tax revenue to benefit all citizen...16 May, 2026, 01.11 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
- 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
- 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
- Iran war hands OPEC's swing producer crown to AmericaAmerica is now the world's energy superpower. The Iran war caused an oil crunch, but the U.S. is helping. It is increasing oil exports and ...27 Apr, 2026, 11.42 AM IST
- Reliance Industries Q4 Results: Profit falls 13% YoY to Rs 16,971 crore; revenue rises 13%Reliance Industries Q4 Results: Reliance Industries saw its net profit drop 13% year-on-year in the fourth quarter of fiscal 2026. Revenue,...25 Apr, 2026, 06.04 PM IST
- A case to raise petrol, diesel prices by Rs 25–28 per litre after Bengal, Tamil Nadu elections: Kotak Institutional EquitiesFuel prices in India may rise significantly after April 29. Global crude oil costs are high, causing losses for Indian refiners. Kotak Inst...23 Apr, 2026, 01.20 PM IST
- More cash each month! Social Security Administration revamp could mean bigger checks soon – here's what retirees must knowSocial Security calculation change 2026 boosts monthly checks: More money is finally reaching retirees. The Social Security calculation cha...21 Apr, 2026, 09.12 PM IST
- India received highest number of regressive tax recommendations from IMF: OxfamAn Oxfam report highlights the International Monetary Fund's (IMF) tax advice. India received the most regressive recommendations between 2...13 Apr, 2026, 11.25 AM IST
- Israel, Iran war: Five EU finance ministers call for windfall profit tax on energy companiesUS-Israel Iran War: Five European Union nations are urging for a windfall tax on energy companies. This call comes amid soaring fuel prices...04 Apr, 2026, 11.12 PM IST
- No windfall tax on diesel, ATF exports from Reliance SEZ: OfficialReliance Industries SEZ refinery will not face new export taxes on diesel and aviation fuel. This exemption stems from judicial pronounceme...02 Apr, 2026, 05.39 PM IST
- Reliance, ONGC’s credit quality can bear windfall tax, says Moody's“While profits generated from oil exports will fall because of windfall taxes, they will likely remain higher than the levels over April 20...05 Jul, 2022, 02.56 PM IST
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