Petrol, diesel prices up by Rs 3, CNG by Rs 2, further hike likely; no change in piped gas yet

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Rapido valued at $3 billion with fresh $240 million funding

Investment part of broader $730 million round; valuation up 30% since last secondary transaction.

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Govt imposes Rs 3/litre windfall tax on petrol exports, cuts diesel and ATF export levies

The government has imposed a Rs 3 per litre windfall tax on petrol exports while reducing levies on diesel and aviation fuel. These revised rates, effective May 16, aim to ensure domestic fuel availability and prevent excessive profits from elevated global crude oil prices amid the West Asia conflict.

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Petrol, diesel prices: Check latest fuel rates in your city and state after Rs 3 increase

Fuel prices have surged across India, with petrol now exceeding Rs 110 per litre in several states and diesel nearing Rs 100 in many regions. This hike, averaging Rs 3 per litre, follows sustained pressure from elevated global crude oil prices, exacerbated by the West Asia crisis.

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Sugar exports banned till Sept 30 to check prices

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IMF warns Iran war disruptions are pushing global economy towards ‘adverse’ scenario; growth risks rise

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Govt: Capex, developmental spending, subsidies to go on as planned

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