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Reliance Industries shares gain as govt slashes windfall tax on fuel exports; stock down 21% in 2026 so far

As reported by Stocks-Markets-Economic Times
Reliance Industries shares saw a gain following the government's reduction in windfall taxes on fuel exports. The duty on diesel and petrol exports has been significantly lowered as part of a routine review. This move benefits Reliance Industries, a major exporter of aviation turbine fuel and diesel. The company is also raising Rs 12,500 crore through a five-year bond issuance.
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