The windfall tax, which targeted unexpected profits from domestic crude oil production, was first imposed in July 2022. As per the notification, the tax on the production of petroleum crude and the export of ATF, petrol, and diesel will no longer be levied. This move is expected to benefit oil producers and refiners such as Reliance Industries and ONGC, potentially improving their refining margins.
Shares of Reliance Industries rose following the announcement. ONGC shares closed at ₹257.65, up by 0.37%, while Reliance Industries shares closed at ₹1,310.60, up by 1.42%.
この記事は The Morning Standard の December 03, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は The Morning Standard の December 03, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Bag it like a boss
These bags are perfect for every occasion, from sangeet to cocktail party
THE CITYSCAPE IN A GLASS
Imagine the sunset and the beautiful winter line created by it and top that with the falling AQI of Delhi and a breathtaking view of the Lutyens.
Paul Mescal to play Paul McCartney in Beatles biopic
PREVIOUSLY there were speculations that filmmaker Ridley Scott and actor Paul Mescal are set to reteam for the upcoming thriller The Dog Stars following their successful collaboration on the recently-released Gladiator 2.
IN STEP WITH THE SACRED
Kuchipudi dancer Amrita Lahiri, and musician Chandana Bala Kalyan, students of Delhi guru Leela Samson, bring their production, 'Mandala', to the city
Shami far from best as Bengal lose to Baroda
PACER Mohammed Shami rarely operated at his best and it had a cascading effect on Bengal as they went down by 41 runs against Baroda in the quarterfinals of the Syed Mushtaq Ali Trophy here on Wednesday.
Mandhana ton in vain as Australia win ODI series 3-0
SMRITI MANDHANA'S record-breaking century and Arundhati Reddy's career-best figures went in vain as India lost the final ODI against Australia at the WACA ground as hosts took the series 3-0 adding six points to their tally in the ICC women's ODI championship.
Salah keeps Liverpool perfect, Real win
MOHAMED SALAH helped maintain Liverpool's perfect record in the Champions League on Tuesday while holders Real Madrid bounced back from their defeat at Anfield to topple in-form Italians Atalanta.
ISL: CFC down Hyderabad to end 4-match winless run
IRFAN YADWAD'S early goal proved to be the difference-maker as Chennaiyin FC recorded a much-needed victory over Hyderabad FC in the Indian Super League at the Jawaharlal Nehru Indoor Stadium here, on Wednesday.
Saudi Arabia to host 2034 FIFA WC
SAUDI ARABIA has been officially confirmed by FIFA as host of the 2034 World Cup in men's football, giving the oil-rich kingdom its biggest prize yet for massive spending on global sports driven by Crown Prince Mohammed bin Salman.
Can struggling Sharma step up as captain?
IT was day three of the Pune Test against New Zealand. Having lost the home Test series 3-0, a dejected Rohit Sharma addressed the media.
