West Asia crisis drives up fuel losses for OMCs: ICRAAt crude prices of $120-125 per barrel, marketing margins are estimated at around negative Rs 14 per litre for petrol and Rs 18 per litre f...
29 Apr, 2026, 11.29 PM IST
GST reforms set to reignite consumption growth, spur corporate profitabilityIndia is set to implement new Goods and Services Tax reforms. These reforms aim to simplify tax structure and boost spending. Revised rates...
15 Sep, 2025, 10.49 AM IST
A full-blown Israel-Iran war can imperil India's oil securityIndia's energy security is at risk as a potential full-scale war between Iran and Israel escalates. The conflict could disrupt crucial oil ...
04 Oct, 2024, 03.34 PM IST
Oil companies making Rs 15/ltr profit on petrol even as consumers await big price cutsIndian oil marketing companies are experiencing significant profits due to falling crude oil prices, but consumers have yet to see a substa...
30 Sep, 2024, 03.28 PM IST
Headroom to cut petrol, diesel prices by Rs 2-3 per litre: IcraRecent declines in crude oil prices have improved margins for state-owned fuel companies, allowing potential cuts in petrol and diesel pric...
26 Sep, 2024, 01.36 PM IST
Brent below $80/bbl, is the time ripe for Modi govt to cut fuel prices before elections?Amid Brent Crude's drop below $80 per barrel, India's Modi government may consider a fuel price reduction before upcoming general elections...
24 Jan, 2024, 11.17 AM IST
No inflation risk from latest spike in oil prices: Economists"Unless retail fuel prices change, there is no direct impact of higher oil prices on Consumer Price Index. However, there will be some marg...
01 Oct, 2023, 06.16 AM IST
How rising oil prices can impact Indian economyStable demand, optimism due to China’s stimulation measures, and supply cuts announced by Russia and Saudi Arabia have led to a surge in oi...
25 Sep, 2023, 06.30 AM IST
ICICI Bank, Jet Airways, Dilip Buildcon and Cadila Healthcare and OMC stocks to hog limelight todayHere is a list of top stocks that are likely to be in focus in today's trading session.
05 Oct, 2018, 09.25 AM IST
Daily price change: Fuel rates up 8% since mid-June, says IcraThe government had allowed the oil marketing companies to follow dynamic pricing of auto fuels across the country from June 16, 2017.
26 Sep, 2017, 05.43 PM IST
Top stocks in focus on Thursday, 1 June 2017ICRA has cut the creditworthiness of state-owned Oriental Bank of Commerce
01 Jun, 2017, 08.34 AM IST
Sugar by-product prices to remain firm in future: ICRAPrices of molasses have increased due to two main factors. The production has declined due to fall in sugarcane crushing. But the demand ha...
17 Jun, 2016, 04.54 PM IST
Crude oil prices climb to eight-month high signalling gains for Indian oil marketing companiesIn the year ended March, the government refunded the subsidy amount of all three OMCs shared in the third quarter of FY16 which boosted the...
09 Jun, 2016, 02.02 AM IST
ICRA expects decline in the domestic sugar production during SY16ICRA expects a decline in the domestic sugar production during SY16 by 5% to 26.8 MT, which coupled with compulsory exports of 4 MT is like...
16 Nov, 2015, 06.37 PM IST
PSU oil marketing companies' subsidy burden may fall to Rs 28,000-34,000 crore in FY16: ICRAWith the scheme, OMCs would be allowed to sell domestic LPG at market price while subsidy will be directly transferred to the accounts of c...
18 Dec, 2014, 10.53 PM IST
RBI likely to hold rates through the fiscal: IcraNotwithstanding moderation in inflation, the Reserve Bank is likely to keep status quo on the policy rates this fiscal to check price rise ...
04 Nov, 2014, 06.41 PM IST
Impact of RBI measures: Rupee at 67/USD; IOC, BPCL, HPCL rallyOMC stocks came under considerable pressure this week weighed down by sharp depreciation in rupee and rising international crude oil prices.
29 Aug, 2013, 09.53 AM IST