Thu, Nov 28, 2024
The Finance Ministry would review the efficacy of windfall tax on the export of petrol, diesel and Aviation Turbine Fuel (ATF) as global crude oil prices have stabilised, sources said. Phenomenal profits made by some oil refiners on exporting fuel at the expense of domestic supplies had prompted the government to introduce an export tax on petrol, diesel and ATF in July 2022.
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Fri, Oct 04, 2024
India is bound to be impacted by the spillover impact of global developments, a central government official has said.
Tue, Oct 01, 2024
Brent crude slipped below $70, Brent crude fell by about 2.5%
Fri, Sep 08, 2023
Commodity Live: Investors have had fun in the market for 6 consecutive days. The stock markets closed with a rise on Friday. On the other hand, if we talk about MCX, there is pressure in gold and silver, as well as crude oil has increased by Rs 18. Don't know what will be the trend of oil in future.
How are bullion, agricultural commodities, and industrial metals faring today? We bring you the latest updates from the world of commodities.
Wed, Sep 06, 2023
Sat, Sep 02, 2023
The Centre had earlier raised the windfall tax on petroleum crude to Rs 7,100 per tonne from Rs 4,250 per tonne.
Fri, Sep 01, 2023
Oil prices were set to snap a two-week losing streak as they rose for a fourth consecutive session on Friday due to tightening supplies and expectations of the OPEC+ group of oil producers extending output cuts to the end of the year.
Thu, Aug 31, 2023
Wed, Aug 30, 2023
U.S. crude stocks dropped by about 11.5 million barrels in the week ended Aug. 25, according to market sources citing American Petroleum Institute figures on Tuesday.
Tue, Aug 29, 2023
Crude Oil: How much speed is expected in crude oil? Are there any signs of oil softening? Know in this video
Mon, Aug 28, 2023
Sat, Aug 26, 2023
Morgan Stanley raised its Brent price forecast for the third quarter to $85 per barrel from $75, and for the fourth quarter to $82.50 from $70. The global benchmark was trading around $84 a barrel on Friday.
Fri, Aug 25, 2023
Thu, Aug 24, 2023
Wed, Aug 23, 2023
Tue, Aug 22, 2023
Crude oil market divided, How much speed is expected in crude oil? Are there any signs of oil softening? What are the brokerages giving targets in crude oil for the future? Know in this video...
Mon, Aug 21, 2023
The rupee finally settled at 83.12 (provisional) against the US dollar, down 2 paise from its previous close.
Sun, Aug 20, 2023
The official further said that a reduction in excise duty is not on the cards the government is driving infrastructure investment, and private sector capital investment is yet to gather steam.
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