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Monday, February 23, 2026
TopicCrude

Topic: crude

Govt to slash windfall tax on petroleum crude to Rs 6,700 per metric ton

The windfall tax on aviation turbine fuel will increase to 4 rupees per litre from 2 rupees, while the levy on petrol will remain at zero, according to the notification.

Sizzling oil prices burning a hole in your pocket, but refiners are making a killing

While state-run refiners have recorded higher-than-usual margins in 2021-22, the margins are more for private players as they are the biggest beneficiaries of cheap Russian crude.

Venezuela oil czar courts India after $20 billion hit from US

India is set to emerge as Venezuela’s preferred customer due to the nation’s willingness to pay for crude in cash.

India’s oil habit is about to become a drag for Modi

India may face a looming oil drought if it doesn't reduce its urban pollution and slow down its carbon emission levels by switching to a less...

On Camera

Nick Jonas wearing a mangalsutra is validation for many Indians. He’s our favourite jiju

Nick Jonas is not trying to modernise the mangalsutra, but his gesture shows that choices can be equal. If commitment must be flaunted, it need not be gendered.

In the West, there’s anxiety. In India, optimism—Rishi Sunak says India poised to be leader in AI

On Wednesday, the former UK Prime Minister Rishi Sunak was speaking in New Delhi at a Carnegie & Observer Research Foundation event on AI.

Suspected brake failure leads to Tejas accident after landing, airframe likely to be written off

The IAF, so far, remains mum on this accident which has led to grounding of the fleet for safety checks.

No country is ever fully sovereign. Cold War era taught India its real meaning

India’s fraught neighbourhood places multiple constraints on its strategic choices. It leaves no time to take a deep breath, lean back and reset.