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BusinessPhoto: Amar Business

India Raises Windfall Tax on Petrol Exports, Cuts Diesel Export Tax

Starting October 16, India increased the windfall tax on petrol exports from 0.5 to 2.5 rupees per liter, while reducing the diesel export tax from 16 to 8.5 rupees per liter. The ATF export duty remains at 10.5 rupees per liter. These changes aim to balance domestic fuel availability amid rising West Asia tensions and prevent exporters from making undue profits. Domestic fuel tax rates remain unchanged.

Amar Business·

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PoliticsPhoto: News18 World

Fazlur Rehman Warns Asim Munir Against Power Concentration in Pakistan

Maulana Fazlur Rehman, senior opposition leader in Pakistan, warned military chief Asim Munir against concentrating excessive power, citing the 1971 Fall of Dhaka as a cautionary example. He accused the state of undermining provincial autonomy and democratic rights, recalling how military declarations of strength failed before the 1971 surrender. Fazlur Rehman cautioned that excessive power could overwhelm its holders.

News18 World·

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BusinessPhoto: ET Markets

BoE's Bailey Highlights Limited Energy Price Impact, Inflation Risks

Bank of England Governor Andrew Bailey stated that rising energy prices have so far had limited broader inflationary effects. However, he warned that second-round inflationary pressures remain uncertain. With inflation at 3.1%, above the 2% target, policymakers are considering interest rate hikes amid concerns over economic resilience, rising borrowing costs, and geopolitical uncertainty.

ET Markets·

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BusinessPhoto: Mint Markets

Welspun Corp Shares Surge 230% Year-to-Date

Welspun Corp's share price has risen nearly 230% year-to-date and about 215% over the past year. Over longer periods, the stock has delivered strong multibagger returns, increasing approximately 490% in 3 years, 1,670% in 5 years, and 3,575% in 10 years. Experts discuss whether investors should buy ahead of Q2 results.

Mint Markets·

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EntertainmentPhoto: News18 Movies

Esha Deol Wishes Mother Hema Malini on Her 78th Birthday

On her 78th birthday, veteran actress Hema Malini received heartfelt wishes from her daughter, actress Esha Deol, who called her the "loveliest lady" on social media. Hema Malini, known as the "Dream Girl," married late star Dharmendra in 1980. She debuted in 1963 and was honored with the Padma Shri in 2000. Dharmendra passed away in 2025.

News18 Movies·

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PoliticsPhoto: Mint

CJP's 'Lehra Do Tiranga' Protest Defends Democracy Beyond Voting

During the 'Lehra Do Tiranga' protest, CJP leader Dipke responded to accusations that the demonstration disrupted business activities. He emphasized that democracy does not end with voting and stated that protesting against injustice should not be considered anarchy. Dipke's remarks highlight the importance of active civic engagement beyond elections.

Mint·

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