on August 15, 2026 at 8:25 am Current account deficit widens to USD 6.2 bn in June: RBI data​

India’s current account deficit widened to USD 6.2 billion in June, a significant increase from last year. This widening was primarily caused by a larger merchandise trade deficit, which rose considerably. Services surplus saw an increase, and net transfers also grew during the same period. Capital account registered net inflows, a change from the previous year’s outflow.

India’s current account deficit widened to USD 6.2 billion in June, a significant increase from last year. This widening was primarily caused by a larger merchandise trade deficit, which rose considerably. Services surplus saw an increase, and net transfers also grew during the same period. Capital account registered net inflows, a change from the previous year’s outflow.

on August 15, 2026 at 8:14 am India cuts windfall tax on exports of petrol, diesel, aviation fuel​

India has reduced windfall taxes on fuel exports effective Saturday. The duty on diesel exports decreased to 24 Indian rupees per litre. Petrol export duty has been set at zero rupees per litre. Aviation turbine fuel tax is now 19.5 rupees per litre. These levies are revised fortnightly based on international oil prices.

India has reduced windfall taxes on fuel exports effective Saturday. The duty on diesel exports decreased to 24 Indian rupees per litre. Petrol export duty has been set at zero rupees per litre. Aviation turbine fuel tax is now 19.5 rupees per litre. These levies are revised fortnightly based on international oil prices.