by Amruth Sundarkumar | Jul 4, 2022 | Macroeconomic news
India imposed a windfall tax on oil exports of producers and refiners. The government announced export restrictions taxes of INR 6 (8 cents) per liter for petrol and jet fuel and INR 13 (15 cents) per liter for diesel. It also impose a levy of INR 23.2k ($294) per...
by Amruth Sundarkumar | Oct 6, 2021 | Credit Ratings, Sovereigns
India’s outlook was revised to stable from negative by Moody’s on their view that the downside risks from negative feedback between the real economy and financial system are receding, while the sovereign’s rating remains at Baa3. Banks and non-bank...
