Government Cuts Petrol Export Duty to Nil and Raises Diesel Levy

The Indian government has reduced the export duty on petrol to nil while increasing the levy on diesel to ₹11.5 per litre in its latest fortnightly review. Additionally, the export duty on aviation turbine fuel was raised to ₹11 per litre. This adjustment comes as India's diesel exports reached 700 kilo barrels per day in October, marking the highest level since September 2025.