Thu, Feb 22, 2024
Another downgrade on OMCs: After Avendus now CLSA | Why did CLSA lose confidence? Concern about marketing margin due to rise in Crude Oil again?
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Fri, Dec 29, 2023
At around 9:54 a.m., shares of HPCL were down over 3 per cent, BPCL slipped over 2 per cent and IOCL declined over 1 per cent.
Thu, Aug 31, 2023
After market hours on Tuesday, the government announced the reduction in the retail prices of cooking gas cylinders in a bid to mitigate the impact of rising inflation on households.
Wed, Apr 11, 2018
HPCL, BPCL and IOC share prices slumped up to 8 per cent on Wednesday on reports that govt will ask them to absorb price hike on account of rising global crude prices.
Fri, Feb 02, 2018
With this reduction, the FM said the government will bear the revenue loss of Rs 13,000 crore in the remaining part of FY18.
Thu, Dec 28, 2017
Govt had earlier ordered public sector oil marketing companies to raise LPG prices by Rs 4 per cylinder every month
Fri, Oct 06, 2017
Since the time excise duty has been reduced, petrol and diesel prices have come down by more than Rs 2 per litre. Moody's believes this decline will boost demand for fuel in India.
Thu, Aug 17, 2017
"India will probably become the first country in the world to use 100 per cent LEDs for its lighting needs by 2019," Goyal, the Minister for Power, Coal, New and Renewable Energy and Mines Goyal said.
Mon, Jul 17, 2017
There has been daily revision in petrol and diesel prices from June 16, 2017. IOC provides daily updates on fuel prices for four metro cities.
Mon, Jun 12, 2017
The Federation of All India Petroleum Traders (FAIPT) has, in a statement, said there will be "no purchase no sale" of petrol and diesel on June 16 to protest the decision.
Wed, Jun 07, 2017
The government's move to change petrol and diesel prices on a daily basis - currently being tested in five cities.
Fri, May 12, 2017
The move will hit 225 petrol pumps in Mumbai alone, Federation of All Maharashtra Petrol Dealers Association (FAMPEDA) President Uday Lodh said.
Mon, May 08, 2017
As on March 2017, the total number of LPG connections stood at 19.87 crore, an addition of 3.25 crore new connections over the previous year.
Tue, Jan 24, 2017
As the Government of India prepares to announce its Union Budget 2017-18 in February, its unlikely to budget a fiscal deficit target higher than 3.5% of gross domestic product (GDP) for the fiscal year 2017-18 (FY18), said ICRA in its latest report on Budget 2017 expectations.
Mon, Jun 06, 2016
Talking about the various updates in the oil sector, he said that the government is fully prepared with the new revenue sharing model. He said, “The government will launch roadshows across the country to auction 59 oil blocks. Companies from India and overseas will get a chance to work in India,” he said.
Mon, Apr 25, 2016
Oil marketing companies have claimed subsidy on domestic LPG to the tune of Rs 1.1 lakh crore in the last three financial years, government said today.
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