Govt hikes windfall profit tax on export of diesel, ATF; raises tax on domestic crude oil

A federal gas tax holiday is "only going to fuel the demand... It's doing nothing to increase suppl…

Finance Minister Nirmala Sitharaman on Friday said the government will review every fortnight the n…

Russia's revenue from gas and oil taxes dropped 26% in June from a year ago, according to the finan…

It also brought in export oriented petroleum units like Reliance’s Jamnagar refineries – which…

Forex traders said foreign fund outflows also weighed on the local unit. At the interbank for…

The government on Tuesday evening cut the windfall tax on diesel and ATF in line with softening int…

Strong global demand and supply fears driven by geopolitical risks have helped bolster Russia's ene…

Buying in services, realty, commodities and auto stocks also added to the positive momentum. …

Few stocks can claim to have juice left as markets hit staggering heights as 2023 bid goodbye. Publ…

The government has hiked the windfall profit tax on export of diesel to ₹1 per litre while the levy…

"I think it would discourage investment in oil, which ultimately mean higher oil prices," former Tr…

Forex traders said weak domestic equities and foreign fund outflows weighed on the local unit an…

Cooling crude oil prices could bring relief to governments, companies and common people alike acros…

14 cargo tankers are stranded off the coast of South Korea, highlighting Russia's continued struggl…

Indian benchmark indices were buoyed by well-performing global markets, along with fall in crude oi…

The government's revenue generation through levy of excise duty saw a growth of 126 per cent bet…

The G7 views the tax change as an acknowledgement from the Kremlin that it will have to continue se…

West Texas Intermediate crude sank 8.6% to $99.12 per barrel, and Brent crude tumbled 9% to $103.17.

$OIL.NSE has outperformed $ONGC.NSE driven by the inching Crude prices and hitting Multi Year h…