Page 2 - Petrol Export
Damocles Sword on oil stocks: Is it time for you to rethink your position?
The government has levied Rs 6 per litre tax on ATF and petrol exports and imposed Rs 13 per litre tax on diesel exports
 "Damocles Sword on oil stocks: Is it time for you to rethink your position?")
Top headlines: Gold import duty raised to 15%, GST receipts up 56% in June
India's factory output expanded at its slowest pace in nine months in June. More on that in our top headlines
 "Top headlines: Gold import duty raised to 15%, GST receipts up 56% in June")
Sri Lanka to exhaust $500 million Indian fuel credit line by April end
The $500 mn credit line provided by India for fuel will be exhausted after the delivery of another 120,000 tons of diesel and 35,000 tons of petrol to Sri Lanka in the remaining period of this month.
 "Sri Lanka to exhaust $500 million Indian fuel credit line by April end")
Exports increase 40.5% to $15.13 billion during October 1-14
Imports during the period grew by 60.72 per cent to USD 14.82 billion, the data showed.
 "Exports increase 40.5% to $15.13 billion during October 1-14")
Economic Survey: Sales of over 1.7k mfg firms contracted by 7.7% in Q2
Net profit for the manufacturing sector contracted in Q1 (June quarter) of 2019-20, mainly due to a production slowdown, it added
 "Economic Survey: Sales of over 1.7k mfg firms contracted by 7.7% in Q2")
Trade deficit in oil up 67% in H1 of FY19 due to drop in petro exports
According to the latest estimates by the petroleum ministry, India imported $67 billion while it exported $20.4 billion
 "Trade deficit in oil up 67% in H1 of FY19 due to drop in petro exports")
