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Excise duty on petrol and diesel sold for domestic consumption is unchanged. The revised rates apply only to exports
Energy

Centre raises export duty on petrol to Rs 2.5 a litre,...

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The new rates are effective from October 16 and will apply for the next fortnight The Centre has changed the export levies on fuel for...
Punished India for Russian Oil, Now Asks Putin for Diesel: Trump’s U-Turn
US Politics

Russian Fuel Is Fine When the US Needs It: Trump’s Diesel...

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Trump says Putin has agreed to send diesel to US and global markets, a year after Washington punished India and others for buying Russian...
Engineering Goods recorded a robust increase of 15.9 percent at $9.94 billion over $8.58 billion in February 2023
Commerce

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

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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

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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 - 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...

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