The windfall tax was introduced to ensure that adequate domestic supplies of petroleum products remained available. (AI image) Windfall tax on exports of diesel and aviation turbine fuel (ATF) has been reduced with effect from May 1, 2026. Excise duty on petrol and diesel sold in the domestic market will remain unchanged. The duty on…
According to RBI, cost pressures and uncertainty have impacted new orders and output. (AI image) When it comes to the Indian economy, domestic resilience is often cited as one of its greatest strengths. But how long will the Indian economy continue to withstand external pressures in the form of supply disruptions and rising import prices?…
External Affairs Minister S Jaishankar on Saturday said India has emerged strongly from the turbulent geopolitical situation amid the Middle East conflict and the Russia-Ukraine war, adding that the country is successfully managing domestic and external challenges.“Speaking at the 15th annual convocation of IIM Raipur, he said countries today should focus on “hedging, de-risking and…
