RIL in focus as govt cuts windfall tax on fuel exports

Reliance Industries remains in focus after the government cut the windfall taxes on diesel, petrol and ATF exports. The diesel levy fell to ₹20 from ₹25 per litre, while the ATF tax fell to ₹15 from ₹19. RIL is also raising ₹12,500 crore through a five-year bond issue amid volatile oil prices.