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The American Petroleum Institute reported on Wednesday an unexpected drop in crude stockpiles by 541,000 barrels in the week to November 8.

Centre slashes windfall tax on fuel exports

Chennai: In line with softening international oil prices, the Centre has cut windfall tax on profits made from the...

17 Feb 2023 10:50 AM IST

With the Russia-Ukraine war getting prolonged, New Delhi has been looking at ways to soften the blow that it received in the form of three-digit crude oil price. (Representational image: Twitter)

Windfall profit tax hiked on domestically produced crude oil

New Delhi: In line with international oil prices, the Centre has raised the windfall profit tax levied on...

6 Feb 2023 12:01 PM IST