India Boosts Windfall Taxes on Fuel Exports Amid Price Swings

India's government just cranked up the windfall taxes on exported fuels like petrol and diesel, starting immediately! With global crude prices swinging like a wild ride, they want to keep more fuel at home. Exporters might feel the pinch on profits, but the goal is to stabilize the local market. Hold on tight, fuel sellers—it's going to be a bumpy ride ahead!