India hikes export duty on diesel, Aviation Turbine Fuel; petrol levy unchanged

Amid concerns over global energy supplies, the Centre has increased export duties on Aviation Turbine Fuel (ATF) and diesel for the upcoming fortnight beginning Tuesday (June 16). However, the export duty on petrol has been left unchanged. The move is aimed at ensuring adequate domestic fuel availability and reducing incentives for exports at a time when geopolitical developments continue to impact international energy markets.

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