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Vedanta Power, Iron & Steel and Oil & Gas shares crash up to 8%. What’s triggering the selloff?Vedanta shares saw profit-taking after a strong rally in newly demerged entities, with most segments falling up to 8% over 14 sessions. Ved...
Cheaper oil, RBI support fail to lift rupee amid dollar demandThe Indian rupee weakened to 95.39 against the dollar on Thursday, despite lower oil prices and central bank support. Demand from foreign b...
State oil companies lose ₹75,000 cr in Q1 on low prices: Oil minister Hardeep Singh PuriState-run oil companies reported a significant loss of ₹74,781 crore in the April-June quarter due to selling fuel below market rates. Desp...
India not exporting fuel directly to Russia, any supplies are trader-led: PuriIndia's Oil Minister, Hardeep Singh Puri, has stated that Indian companies are not directly supplying refined fuels to Russia. While report...
India refiner Nayara's gasoline sold to Russia via traders, sources sayIndian refiner Nayara Energy's gasoline is reportedly reaching Russia, which faces fuel shortages due to Ukrainian attacks. While Indian Oi...
Govt lines up PSU stake sales to cushion budget hit from oilIndia is accelerating plans to divest stakes in major state-owned entities, including the nation's largest insurer, Life Insurance Corp., t...
Crude oil correction could be India's next big market trigger: Rohit SeksariaIndian equities are poised for a positive shift as falling crude oil prices ease inflation and currency concerns, according to Sundaram Mut...
Petrol, diesel price today: Have state-run OMCs cut fuel prices after Nayara Energy's rate slash? Check latest ratesNayara Energy, India's largest private fuel retailer, has slashed petrol prices by Rs 5 and diesel by Rs 3 per litre nationwide. This marks...
Nifty delivered positive returns for 18 of 25 years in JulyAfter June gains, historical data suggests July could deliver another positive month for Nifty. The index has risen in 18 of the past 25 Ju...
German engine maker Everllence SE in talks for Indian manufacturing of two-stroke engines for shipsGerman marine engine giant Everllence SE is eyeing India for local manufacturing of its two-stroke engines for large commercial ships throu...
LPG Gas Rate Today: Check domestic 14 KG cylinder price today in Delhi, Mumbai, Chandigarh, Hyderabad, Bengaluru and other citiesLPG Cylinder Price Today: Good news for consumers as state-run oil companies have revised LPG prices for July 2026. While domestic cylinder...
Petrol, Diesel prices cut on July 1: Check latest fuel rates in Delhi, Mumbai, Chennai, Kolkata, Bengaluru and other citiesNayara Energy has slashed petrol prices by Rs 5 and diesel by Rs 3 per litre, attributing the move to easing international crude oil costs....
Nayara Energy cuts petrol price by Rs 5, diesel by Rs 3 amid softening oil pricesNayara Energy has slashed petrol prices by Rs 5 and diesel by Rs 3 per litre nationwide, marking the first reduction in over two years. Thi...
SC directs status quo on Karnataka HC order on ethanol allocation; Centre says 20% blending still an experimentThe Supreme Court has put a hold on a Karnataka High Court order that sought to increase ethanol allocation for 2025-26. An oil company arg...
Pankaj Tibrewal sees stronger top-line growth driving India's next earnings cycleIndian companies are poised to navigate input cost pressures and sustain growth, with the upcoming earnings season expected to be the next ...
India lifts curbs on retail sale of petrol, diesel to commercial buyers from July 1India has removed restrictions on commercial buyers purchasing petrol and diesel from retail outlets, effective July 1. These emergency mea...
Repeated crises reaffirm role of PSU oil firmsDuring national emergencies such as floods and the recent pandemic, India's state-run oil companies have shown their crucial importance by ...
From floods to war, state-run oil firms prove indispensable despite repeated privatisation bidsIndia's state-run oil companies have proven indispensable during national crises, from floods and pandemics to global conflicts. Despite pa...
Middlemen offer Iranian oil to Indian refiners after US waiver, traders sayMiddlemen and Iran's state oil company are offering discounted Iranian crude to Indian refiners after the US granted a 60-day sanctions wai...
Karnataka HC directs OMCs to honour ethanol offtake pactState-run oil companies must honor their ethanol offtake agreements, a high court ruled, offering a significant boost to dedicated ethanol ...