Fri, Apr 19, 2024
How are bullion, agricultural commodities, and industrial metals faring today? We bring you the latest updates from the world of commodities.
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Thu, Apr 18, 2024
Tue, Apr 16, 2024
The Indian government has increased the windfall tax on petroleum crude from Rs 6,800 to Rs 9,600 per metric ton, effective April 16. This decision comes as part of the government's fortnightly tax revision, aimed at regulating the export of fuel by private refiners. While diesel and aviation turbine fuel remain exempt from the windfall tax, the recent adjustments signify efforts to balance domestic market supply and curb excessive exports.
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.
Fri, Aug 18, 2023
Thu, Aug 17, 2023
Crude Oil: After reaching $ 86 per barrel, the prices of crude oil in the international market are now seeing a decline. While the prices of petrol and diesel have remained stable at the national level for more than a year.
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