petroleum products Archives

Engineering Goods recorded a robust increase of 15.9 percent at $9.94 billion over $8.58 billion in February 2023

India’s exports surge to 11-month high in Feb despite Red Sea...

PGurus Newsdesk - March 16, 2024 0

Lower trade deficit reflects stronger macroeconomic fundamentals and will strengthen the rupee India's merchandise exports surged to an 11-month high in February to touch the...

Windfall tax on aviation turbine fuel has also been cut which is expected to benefit the downstream oil refiners that export petroleum products

Commerce

Centre cuts windfall tax on crude oil; ONGC, OIL to gain

PGurus Newsdesk - October 18, 2023 0

Govt slashes windfall tax on domestic crude oil from Rs.12,100/ tn to Rs.9,050/ tn The Central government has reduced the windfall tax on domestic crude...

Fiscal measures have been proactive in the recent past, the results of which have been evident

Economy

Fall in core imports, capital goods imports raise concerns on trajectory...

PGurus Newsdesk - October 16, 2023 3

Weakness in Non-Oil Non-Gold exports, and imports raise concerns about demand environment both domestically, externally, says report The fall in core imports and capital goods...