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India will change export windfall taxes on petroleum products from July 16. Diesel export windfall tax increased from 8.5 rupee per liter to 15.5 rupee per liter; aviation turbine fuel (ATF) export tax increased from 7.5 rupee per liter to 14.5 rupee

2026-07-16

India will change export windfall taxes on petroleum products from July 16. Diesel export windfall tax increased from 8.5 rupee per liter to 15.5 rupee per liter; aviation turbine fuel (ATF) export tax increased from 7.5 rupee per liter to 14.5 rupee per liter; petrol export tax reduced from 4 rupee per liter to 2.5 rupee per litre.

Other News
2026-07-16

The FTSE China A50 Index futures opened down 0.18%.

The FTSE China A50 Index futures opened down 0.18%.
2026-07-16

At the open, the Shanghai Composite fell 1.09%, the Shenzhen Composite fell 1.91% and the ChiNext Index fell 2.48%.

At the open, the Shanghai Composite fell 1.09%, the Shenzhen Composite fell 1.91% and the ChiNext Index fell 2.48%.
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