Tag
The Nifty 50 fell 1.49% and the Sensex dropped 1.7% on Monday, their steepest single-day losses since 30 March, after PM Modi urged citizens to cut fuel use and gold buying. Markets read the remarks as a possible policy signal that could hit energy and jewellery sectors.
India set the export duty on diesel at ₹23 per litre and on ATF at ₹33 per litre for the fortnight from May 1. Petrol exports remain duty-free. The fortnightly revision affects refiner export margins for state-owned and private fuel companies.
Tag
The Nifty 50 fell 1.49% and the Sensex dropped 1.7% on Monday, their steepest single-day losses since 30 March, after PM Modi urged citizens to cut fuel use and gold buying. Markets read the remarks as a possible policy signal that could hit energy and jewellery sectors.
1mo ago · 2 min · Markets
India set the export duty on diesel at ₹23 per litre and on ATF at ₹33 per litre for the fortnight from May 1. Petrol exports remain duty-free. The fortnightly revision affects refiner export margins for state-owned and private fuel companies.
2mo ago · 1 min · Policy & Government
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