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Shares of Oil and Natural Gas Corporation Ltd (#ONGC) gained more than 2% in early morning trade after the government cut all windfall tax on crude oil. #ONGC #WindfallTax #CrudeOil
#MarketsWithBS | Share of #oil companies to be in spotlight after Centre slashed #windfalltax on crude oil. Meanwhile, #CrudeOil zoomed 7% in following #OPEC decision to curtail crude production. @avdhutbagkar reports
#OnETNOW | "OPEC+ decision is a political move," says Mark Matthews of Julius Baer as he shares his thoughts on crude oil prices, outlook for India and more #crude #crudeoil #India
#OnCNBCTV18 | The #WindfallTax on #crude oil production cut to nil for the first time in 9 months and the #excise duty on #diesel is cut to Rs 0.50/l. @sonalbhutra with all the details
On #OpeningBell 🔔 #Oil cos in focus as govt cuts all windfall tax on crude oil. Financials in focus on Q4 updates from #BajajFinance, #FederalBank & South Indian Bank reporting quarterly & financial year-end numbers & Hindustan Zinc - Vedanta impending deal are on the radar.
Business News Headlines Economic Times Ø HZL may not act on proposal to buy Vedanta's zink business Ø SEBI chief briefs SC panel on Adani - Hindenburg issue Ø Centre slashes windfall tax on crude oil to nil Ø Share of low-cost money in deposits dips 2-4% in FY23
#BSMorningShow | On Monday, international oil prices recorded the biggest daily rise in a year, stoking inflation fears. Oil soared to $82.11 per barrel by Tuesday. Will consumers take a hit? Bhaswar Kumar reports @5paisa @DeloitteIndia @madan_sabnavis
The Dow Jones Industrial Average fell on Tuesday as traders assessed a spike in oil prices and what that could mean for the global economy. The Dow fell 0.59% The S&P 500 shed 0.58% The Nasdaq lost 0.52%
Oil price stable as markets weigh OPEC+ surprise cuts amid demand woes
Big news for domestic crude oil producers! Centre scraps windfall tax on domestically produced crude oil, effective today!👏 Previously slashed by Rs 900/tonne in March, the new tax rate is now Rs 3,500/tonne.🛢️💸 #oilproduction #taxcuts #economicgrow
India has reduced windfall tax on crude oil from Rs 3,500 per tonne to Rs 0. Windfall tax on diesel has been cut to Rs 0.50 per litre.
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