Hritika Mitra | Apr 30, 2026, 5:57 PM IST
Brent crude jumped beyond $125 a barrel on Thursday, as deadlocked US-Iran talks cast doubt on the reopening of the key Strait of Hormuz.
India.com Business Desk | Mar 21, 2023, 8:02 AM IST
The government imposed a windfall tax for the first time last year after crude oil prices soared in the aftermath of the Russia-Ukraine war.
Sankunni K | Nov 17, 2022, 11:19 AM IST
The rate on the export of diesel has been cut to 10.5 per litre, from 13 per litre. The levy on diesel includes 1.50 per litre road infrastructure cess. The export tax on jet fuel or ATF, which was set at 5 a litre in the last review on November 1, has not been altered.
India.com News Desk | Aug 19, 2022, 4:55 PM IST
Windfall tax is imposed by a government when certain businesses start to gain financially with no reason being theirs. In India, it was imposed on July 1 as crude oil producers' pockets grew deeper when the world oil market stumbled with the Russian invasion of Ukraine.
India.com Business Desk | May 30, 2022, 11:35 AM IST
Oil Price Today: The oil price has jumped over $120 per barrel again, after two months of cooling down. This can be attributed to the scheduled meeting of EU to discuss more sanctions on Russia including total ban on oil imports from the country
India.com Business Desk | May 27, 2022, 10:18 AM IST
Oil Price Today: The oil prices had cooled down marginally after reaching an all-time high in February and March. However, they have started to rise again. It can be attributed to various reasons. Some of them are listed here.
India.com Business Desk | Mar 7, 2022, 1:25 PM IST
Iran Nuclear Deal: The US administration has been trying to revive the 2015 JCPOA. If the deal, that was dumped by Donal Trump, is revived, it may help ease the soaring oil prices amid the Russia-Ukraine war.
PTI | Mar 7, 2022, 11:13 AM IST
Rupee To Dollar: At the interbank foreign exchange, the rupee opened at 76.85 against the US dollar, then slipped further to 76.98, registering a decline of 81 paise from the last close.
India.com Business Desk | Mar 7, 2022, 10:30 AM IST
Oil Price Today: Since Friday, the oil prices have risen over $20 per barrel from $118 to $139. The oil prices may soon breach the all-time low level reached in 2008 due to economic depression.
India.com Business Desk | Mar 7, 2022, 9:37 AM IST
Share Market Today: Sensex Today fell over 1,500 points and Nifty was trading below 15,800 in early trade. Maruti and Bajaj Finance were the top losers as on 9:30 AM.
Raghav Aggarwal | Feb 24, 2022, 2:23 PM IST
Russia Ukraine Crisis: The RTS index was down 50 per cent as of 2 PM (IST), signalling a major crash in Russia. Along with this, the Russian Volatility Index was at a high of 45 per cent.
India.com Business Desk | Feb 24, 2022, 1:28 PM IST
Gold Rate Today: For 10 grams of 22-carat of the metal, Gold price in Mumbai is Rs 46,850 and Gold Price in Chennai is Rs 48,270. In Kerala, Gold rate today is Rs 46,850
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