The Union government imposed the windfall tax on crude oil and petroleum products in July 2022 in the wake of rising international prices to lower the petroleum subsidy burden. In the recent fortnightly review, the tax dropped to $3.2 per barrel compared with $40 per barrel in July. Crude oil prices have moderated in the last few weeks falling by nearly 38% since June 2022
Aarti Pharmalabs shares rally over 33% in two days post Q1 results. What is driving the surge?
Aarti Pharmalabs shares have surged 33% in two days after the company reported a 65.4% year-on-year rise in Q1FY27 profit and 38.7% growth in revenue.
August 11, 2026