Oil prices touching $70 a barrel have put the Indian government in a tight spot. Throughout 2020, when oil prices were low, the government used the opportunity to bridge its deficit by keeping taxes on fuels high. But now that oil is above $70 and petrol at the psychological Rs 100 a litre, the government is contemplating reducing taxes. With elections in several states, the tax cut may likely be announced soon. (image) Source: Tradingview.com However, will this cut be enough?...
Moneycontrol Pro Panorama | RBI lays its cards on the table, over to the market now
May 24, 2022 / 06:34 PM IST
In today’s edition of Moneycontrol Pro Panorama: Air pocket for HAL, mapping a growth trajectory, 'Sikkim Traders' have a lesson to offer, and moreRead Now
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