UPDATE 1 — India raises windfall tax on petrol, cuts duty on diesel
(Recasts throughout with details and background on export duties) Oct 15 (Reuters) — India has raised the windfall tax on exports of petrol and cut the duty on diesel, according to a government order issued late Thursday. The export duty on petrol was raised to 2.5 rupees ($0.0263) per litre from 0.5 rupees per litre,