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Amid rising crude, fuel excise cut more viable to cool pump prices: DBS Bank's Rao

While it might be more difficult for oil marketing companies to lower pump prices of petrol and diesel, the economist sees a cut in the excise duty as a viable option, particularly given the timing – coinciding with the festive period and ahead of a busy election schedule ....

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Centre Exempts Excise Duty On Jet Fuel Purchases By Indian Airlines For Overseas Flights

The Finance Ministry has exempted domestic airlines running international flights from 11 per cent basic excise duty on ATF or jet fuel bought from oil marketing companies. ....

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Windfall Tax On Oil Firms To Compensate Most Losses From Excise Cut On Fuel

The windfall tax on oil produced within India and fuel exported overseas will make up for more than three-fourths of the revenue that the government lost when it cut excise duty on petrol and diesel to cool soaring inflation, industry sources said. ....

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Fed's Rate Hike and Domestic Inflationary Pressures Present Double Whammy for Retail Investors

For now, the outlook remains foreboding and ominous. ....

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RBI releases Annual Report 2021-22: From inflation to GDP forecast, check 6 important points | Economy News

The RBI has released the RBI Annual Report 2021-22. ....

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