India To Boost Crude Oil Refining Capacity With Massive Investment By 2030
India’s oil marketing companies (OMCs) plan to expand refining capacity by 35-40 million tonnes (MT) by fiscal 2030, reaching 295 MT.
Government Of India Reduces Windfall Tax On Crude Oil Amid Falling Global Prices
The Government of India has slashed the windfall tax on petroleum crude from Rs 5,200 to Rs 3,250 per metric tonne, effective from 15 June.
Equity Markets Decline In Early Trade
In Asian markets, South Korea, Thailand, and Taiwan were trading higher, while Tokyo, Malaysia, Indonesia, Hong Kong, Singapore, and Shanghai were trading lower
Sensex Falls By Roughly 929 Points Owing To Concerns Over Middle East War And Sluggish Global Trends
In Asian markets, Seoul, Tokyo, and Hong Kong were all down, while Shanghai was up
Rupee Gains 3 Paise To Settle At 83.11 Against US Dollar
The domestic currency settled 1 paisa higher at 83.14 on Monday, a day after gaining 9 paise.
Windfall profit tax on crude oil and diesel exports decreases
The tax rates are reviewed every two weeks depending on the average of the previous two weeks' oil prices
EU Looking At Petroleum Products Made From Russian Crude Oil In India Finding Way To Its Market
The Trade Commissioner said the grouping is looking at significantly expanding economic engagement with New Delhi
Amid Objections In Europe, India Increases Its Purchase Of Russian Crude Oil To a New High
"I really don't see the basis for your question," Jaishankar.
08 May 2023: New Rates Of Petrol And Diesel Released, Check Prices Of Metro Cities Here
Petrol price in Maharashtra has decreased by Rs 1.02 to Rs 106.15 per litre. While diesel is being sold here at Rs 92.67 per litre, down by 99 paise...
Government Slashed Windfall Tax on Crude Oil to Rs. 4,100 per tone
Relief for oil companies as government slashes windfall tax to Rs. 4,100 per tonne
