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Tag: energy security India
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Russia Bans Fuel Exports Until Year-End: Impact on India and Global Oil Markets
The global energy landscape has been shaken by a major announcement from Russia: a ban on gasoline exports until the end of the year, along with partial restrictions on diesel exports. This decision, aimed at safeguarding domestic fuel supplies amid refinery disruptions and shortages, has sparked widespread debate on its implications for the global economy,…
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India’s GST Reforms: A Strategic Boost for Coal India
India’s recent GST reforms have brought significant changes to the taxation of coal, creating a favorable scenario for Coal India Limited (CIL), the country’s largest coal producer. By revising GST rates and removing certain cesses, the government has effectively reduced the net tax burden, benefiting producers, consumers, and the broader energy sector. These reforms come…