India has significantly hiked export duties on diesel and Aviation Turbine Fuel (ATF) to Rs 55.5 and Rs 42 per litre respectively, effective immediately. This move aims to curb rising fuel costs impacting airfares and protect airlines and passengers amidst volatile global oil prices. Petrol exports remain duty-free.
Related Posts
China sales slip for Apple: Supply disruption cited; CEO Tim Cook expects recovery soon
Apple’s China sales dipped unexpectedly, but not due to waning demand. Supply chain issues were cited as the primary reason. CEO Tim Cook expressed optimism, […]
Engineers sidelined at Meta: Vibe coding to be blamed; sparks debate
Meta’s Superintelligence Labs product managers are using “vibe coding,” an AI-assisted natural language coding technique, to rapidly prototype apps and present them directly to CEO […]
Cabinet clears two major rail multitracking projects in Maharashtra & Gujarat – details
The Indian government has approved two major railway projects totaling Rs 2,781 crore, adding 224 km of track in Maharashtra and Gujarat. These initiatives aim […]